2022 Revenues ($USD) : $9,050,000,000
2022 R&D spend : n/a
2022 Number of Employees : n/a
Fiscal Year End : 12/31/2021
Company CEO : Michael Roman, chair and CEO

3M announced in July that it plans to spin off its Health Care business by the end of 2023. The new Health Care business will be a roughly $9-billion-a-year company focusing on wound care, oral care, healthcare IT and biopharma filtration. 3M officials said at the time that the transaction will better position Health Care to innovate.  3M plans to retain all responsibility for non-Health Care-related litigation, including what could be extremely costly legal proceedings related to the Combat Arms Earplugs. –CN