Earnings release
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July 27 , 2021 3M Science . Applied to Life . ™ 3M Reports Second - Quarter 2021 Results Second - Quarter Highlights : - Sales of $ 8.9 billion , up 24.7 percent year - on - year - Organic local - currency sales increased 21.4 percent year - on - year - Both GAAP and adjusted earnings per share of $ 2.59 - Operating cash flow of $ 1.9 billion ; adjusted free cash flow of $ 1.6 billion , up 2 percent year - on - year - Returned $ 1.4 billion to shareholders via dividends and gross share repurchases - Updated full - year 2021 outlook : Earnings per share of $ 9.70 to $ 10.10 vs. $ 9.20 to $ 9.70 , previously ST . PAUL , Minn . , July 27 , 2021 / PRNewswire / -- 3M ( NYSE : MMM ) today reported second- quarter 2021 results and updated its 2021 full - year outlook . " 3M delivered strong performance in the second quarter , once again posting organic growth across all business groups and geographic areas , along with increased earnings and robust cash flow , " said Mike Roman , 3M chairman and chief executive officer . " In an uncertain economic environment , our team executed well and drove innovation across our businesses , while continuing to build for the future . Looking forward , we remain focused on investing in growth opportunities coming out of the pandemic , improving productivity , advancing sustainability and delivering differentiated value for our customers and shareholders . " Second - Quarter Results Sales grew 24.7 percent year - on - year to $ 8.9 billion . Organic local - currency sales increased 21.4 percent while divestitures decreased sales by 0.7 percent . Foreign currency translation increased sales by 4.0 percent year - on - year . Total sales grew 28.1 percent in Transportation and Electronics , 24.9 percent in Health Care , 22.4 percent in Safety and Industrial , and 20.4 percent in Consumer . Organic local- currency sales increased 24.2 percent in Transportation and Electronics , 23.2 percent in Health Care , 17.8 percent in Consumer , and 17.6 percent in Safety and Industrial . On a geographic basis , total sales grew 28.7 percent in EMEA ( Europe , Middle East and Africa ) , 26.1 percent in the Americas , and 20.2 percent in Asia Pacific . Organic local- currency sales grew 25.6 percent in the Americas , 20.1 percent in EMEA , and 15.4 percent