Obligation 3M 3% ( US88579YAR27 ) en USD

3M

99.102 % ▲

Etats-unis

US88579YAR27 ( en USD )

3% par an ( paiement semestriel )

06/08/2025

Prospectus brochure de l'obligation 3M US88579YAR27 en USD 3%, échéance 06/08/2025

2 000 USD

550 000 000 USD

88579YAR2

BBB+ ( Qualité moyenne inférieure )

A3 ( Qualité moyenne supérieure )

07/02/2025 ( Dans 2 jours )

3M est une société multinationale américaine de matériaux de science qui développe et produit plus de 55 000 produits pour divers secteurs, incluant la santé, la sécurité, l'industrie et le transport.

Les obligations 3M (US88579YAR27, CUSIP 88579YAR2), émises aux États-Unis pour un montant total de 550 000 000 USD, affichent actuellement un prix de marché de 98,787 %, offrent un taux d'intérêt de 3 %, échéant le 06/08/2025, avec des paiements semestriels, une taille minimale d'achat de 2 000 USD, et sont notées BBB+ par S&P et A3 par Moody's.

424B2 1 a15-16983_2424b2.htm 424B2

Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-196003
A filing fee of $173,626.22 based on a $1,494,201,500 maximum aggregate offering price,
calculated in accordance with Rule 457(r), has been transmitted
to the SEC in connection with the debt securities offered by means of this pricing supplement and the
accompanying prospectus and prospectus supplement from Registration Statement No. 333-196003.
This paragraph shall be deemed to update the "Calculation of Registration Fee"
table in that Registration Statement.

PRICING SUPPLEMENT Dated August 4, 2015
To Prospectus Dated May 16, 2014 and
Prospectus Supplement Dated May 16, 2014

3M COMPANY
Medium-Term Notes, Series F

$450,000,000 1.375% Notes due 2018
$500,000,000 2.000% Notes due 2020
$550,000,000 3.000% Notes due 2025

1.375% Notes due 2018
2.000% Notes due 2020
3.000% Notes due 2025

Type of Note:
Fixed Rate
Type of Note:
Fixed Rate
Type of Note:
Fixed Rate

Principal Amount:
$450,000,000
Principal Amount:
$500,000,000
Principal Amount:
$550,000,000

Price to Public:
99.822%
Price to Public:
99.424%
Price to Public:
99.615%

Security Description:
SEC-Registered 3-
Security Description:
SEC-Registered 5-
Security Description:
SEC-Registered 10-
year Fixed Rate
year Fixed Rate
year Fixed Rate
Notes
Notes
Notes

Proceeds to Company:
99.672%
Proceeds to Company:
99.174%
Proceeds to Company:
99.215%
($448,524,000)
($495,870,000)
($545,682,500)

Interest Rate:
1.375% per annum
Interest Rate:
2.000% per annum
Interest Rate:
3.000% per annum

Original Issue Date:
August 7, 2015
Original Issue Date:
August 7, 2015
Original Issue Date:
August 7, 2015

Maturity Date:
August 7, 2018
Maturity Date:
August 7, 2020
Maturity Date:
August 7, 2025

Interest Payment Dates:
February 7 and
Interest Payment Dates:
February 7 and
Interest Payment Dates:
February 7 and
August 7 of each
August 7 of each
August 7 of each
year, commencing
year, commencing
year, commencing
February 7, 2016
February 7, 2016
February 7, 2016

Regular Record Date:
The 15th calendar
Regular Record Date:
The 15th calendar
Regular Record Date:
The 15th calendar
day immediately
day immediately
day immediately
preceding the
preceding the
preceding the
applicable Interest
applicable Interest
applicable Interest
Payment Date
Payment Date
Payment Date

Redemption:
Yes, see "Optional
Redemption:
Yes, see "Optional
Redemption:
Yes, see "Optional
Make-Whole
Make-Whole
Make-Whole
Redemption"
Redemption"
Redemption"
beginning on
beginning on
beginning on
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page PS-2.
page PS-2.
page PS-2.

PS-1

Day Count
30/360
Day Count
30/360
Day Count
30/360
Convention:
Convention:
Convention:

Form:
DTC, Book-Entry
Form:
DTC, Book-Entry
Form:
DTC, Book-Entry

CUSIP/ISIN:
88579YAP6 /
CUSIP/ISIN:
88579YAQ4 /
CUSIP/ISIN:
88579YAR2 /
US88579YAP60
US88579YAQ44
US88579YAR27

Selling Concession:
0.090%
Selling Concession:
0.150%
Selling Concession:
0.240%

Reallowance:
0.050%
Reallowance:
0.100%
Reallowance:
0.125%

Underwriters:

Goldman, Sachs & Co.
J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
C.L. King & Associates, Inc.
Drexel Hamilton, LLC
Samuel A. Ramirez & Company, Inc.
The Williams Capital Group, L.P.

Optional Make-Whole
Each of the 1.375% Notes due 2018, the 2.000% Notes due 2020 and the 3.000% Notes due 2025 will be
Redemption:
redeemable at any time, in whole or from time to time in part, at our option at a redemption price equal to the
greater of
·
100% of the principal amount of the notes to be redeemed, and

·
as determined by the quotation agent (as defined below), the sum of the present values of the remaining

scheduled payments of principal of and interest on the notes to be redeemed (not including any interest
accrued to the redemption date) discounted to the redemption date on a semi-annual basis assuming a
360-day year consisting of twelve 30-day months at the treasury rate (defined below) plus, in the case of
the 1.375% Notes due 2018, 7 basis points, in the case of the 2.000% Notes due 2020, 10 basis points,
or in the case of the 3.000% Notes due 2025, 15 basis points

plus, in the case of both clauses above, accrued and unpaid interest on the notes to be redeemed to the redemption
date.

"Treasury rate" means, with respect to any redemption date, the annual rate equal to the semi-annual equivalent
yield to maturity of the comparable treasury issue, assuming a price of the comparable treasury issue (expressed as
a percentage of its principal amount) equal to the comparable treasury price for that redemption date.

"Comparable treasury issue" means the United States Treasury security selected by the quotation agent as
having a maturity comparable to the remaining term of notes to be redeemed that would be utilized, at the time of
a selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities
of comparable maturity to the remaining term of the notes to be redeemed.

"Comparable treasury price" means, with respect to any redemption date, (i) the average of at least three
reference treasury dealer quotations for that redemption date, after excluding the highest and lowest of five or
more reference treasury dealer quotations, or (ii) if the Trustee obtains fewer than five reference dealer quotations,
the average of all reference treasury dealer quotations so obtained.

"Quotation agent" means the reference treasury dealer appointed by the Company.

"Reference treasury dealer" means (i) each of Goldman, Sachs & Co., J.P. Morgan Securities LLC and Merrill
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Lynch, Pierce, Fenner & Smith Incorporated and their respective successors; however, if any of the foregoing shall
cease to be a primary U.S. Government securities dealer in New York City (a "primary treasury dealer"), the
Company will

PS-2

substitute another primary treasury dealer; and (ii) any other primary treasury dealer(s) selected by the Company.

"Reference treasury dealer quotations" means, with respect to each reference treasury dealer and any
redemption date, the average, as determined by the Company, of the bid and asked prices for the comparable
treasury issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by
the reference treasury dealer at 5:00 p.m., New York City time, on the third business day preceding the redemption
date.

In the case of a partial redemption of the 1.375% Notes due 2018, the 2.000% Notes due 2020 or the 3.000%
Notes due 2025, selection of the notes for redemption will be made pro rata, if commercially practicable in
accordance with the procedures of DTC or the relevant depositary, and if not, then by lot or such other method as
required in accordance with the procedures of DTC or the relevant depositary. The notes will be redeemed in
denominations of $2,000 and integral multiples of $1,000 in excess thereof. Notice of any redemption will be
mailed by first class mail at least 30 days but not more than 60 days before the redemption date to each holder of
the notes to be redeemed at its registered address. If any notes are to be redeemed in part only, the notice of
redemption that relates to such notes will state the portion of such notes to be redeemed. New notes in principal
amounts of at least $2,000 equal to the unredeemed portion of the notes will be issued in the name of the holder of
the notes upon surrender for cancellation of the original notes. Unless the Company defaults in payment of the
redemption price, on and after the redemption date, interest will cease to accrue on the notes or the portions of the
notes called for redemption.

Use of Proceeds:
The Company intends to use the net proceeds from the sale of the notes for general corporate purposes.

Supplemental Information
On August 4, 2015, the Company agreed to sell to the underwriters listed below, and they severally agreed to
Concerning Plan of
purchase, the principal amounts of notes set forth opposite their respective names below at a net price of 99.672%
Distribution:
for the 1.375% Notes due 2018, at a net price of 99.174% for the 2.000% Notes due 2020 and at a net price of

99.215% for the 3.000% Notes due 2025. The purchase price for the 1.375% Notes due 2018 equals the stated
issue price of 99.822% less a combined management and underwriting commission of 0.15% of the principal
amount of the notes, the purchase price for the 2.000% Notes due 2020 equals the stated issue price of 99.424%
less a combined management and underwriting commission of 0.25% of the principal amount of the notes and the
purchase price for the 3.000% Notes due 2025 equals the stated issue price of 99.615% less a combined
management and underwriting commission of 0.40% of the principal amount of the notes.

Principal Amount
Principal Amount
Principal Amount
of 1.375% Notes
of 2.000% Notes
of 3.000% Notes
Name
due 2018
due 2020
due 2025

Goldman, Sachs & Co.
$
145,500,000
$
161,667,000
$
177,834,000

J.P. Morgan Securities LLC
145,500,000
161,667,000
177,833,000

Merrill Lynch, Pierce, Fenner & Smith
Incorporated
145,500,000
161,666,000
177,833,000

The Williams Capital Group, L.P.
6,750,000
7,500,000
8,250,000

C.L. King & Associates, Inc.
2,250,000
2,500,000
2,750,000

Drexel Hamilton, LLC
2,250,000
2,500,000
2,750,000

Samuel A. Ramirez & Company, Inc.
2,250,000
2,500,000
2,750,000

Total
$
450,000,000
$
500,000,000
$
550,000,000

Certain of the underwriters and their affiliates have provided in the past to the Company and its affiliates and may
provide from time to time in the future certain commercial banking, financial advisory, investment banking and
other services for the Company and such

PS-3
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affiliates in the ordinary course of their business, for which they have received and may continue to receive
customary fees and commissions. In addition, certain of the underwriters and their affiliates are lenders under the
Company's amended and restated credit agreement dated August 5, 2014.

In the ordinary course of their various business activities, the underwriters and their respective affiliates have made
or held, and may in the future make or hold, a broad array of investments including serving as counterparties to
certain derivative and hedging arrangements, and may have actively traded, and, in the future may actively trade,
debt and equity securities (or related derivative securities), and financial instruments (including bank loans) for
their own account and for the accounts of their customers and may have in the past and at any time in the future
hold long and short positions in such securities and instruments. Such investment and securities activities may
have involved, and in the future may involve, securities and instruments of the Company.

PS-4
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Document Outline

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