Let's examine Minnesota Mining and Manufacturing (otherwise known as 3M) Company's financial information, which can be found by accessing 3Ms main front page (http://www.mmm.com) and selecting the Investor Relations link at the bottom of the page. Use data in the financial statements to answer the following questions.

From 3M's Financial Summary, describe the state of 3M's costs (relative to sales), operating income, and its profitability ratios.