3M CO — Director's Dealing 2005

Feb 3, 2005

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: 3M CO (MMM)
CIK: 0000066740
Period of Report: 2004-12-31

Reporting Person: IHLENFELD JAY V (Vice President R&D)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	24938	Direct
Common Stock	2417	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$43.35	2010-05-09	Common Stock (2306)	2306	Direct
Incentive Stock Option (right to buy)	$45.85	2007-05-13	Common Stock (1352)	1352	Direct
Incentive Stock Option (right to buy)	$46.675	2008-05-12	Common Stock (2142)	2142	Direct
Incentive Stock Option (right to buy)	$47.5	2009-05-10	Common Stock (2104)	2104	Direct
Incentive Stock Option (right to buy)	$58.625	2011-05-08	Common Stock (1704)	1704	Direct
Non-Qualified Stock Option (right to buy)	$58.625	2011-05-08	Common Stock (13598)	13598	Direct
Non-Qualified Stock Option (right to buy)	$61.85	2013-05-12	Common Stock (39550)	39550	Direct
Non-Qualified Stock Option (right to buy)	$64.4	2005-05-06	Common Stock (902)	902	Direct
Non-Qualified Stock Option (right to buy)	$64.4	2006-05-12	Common Stock (1468)	1468	Direct
Non-Qualified Stock Option (right to buy)	$64.4	2010-05-07	Common Stock (1560)	1560	Direct
Non-Qualified Stock Option (right to buy)	$64.5	2012-05-14	Common Stock (17400)	17400	Direct
Non-Qualified Stock Option (right to buy)	$69.35	2007-05-11	Common Stock (2392)	2392	Direct
Non-Qualified Stock Option (right to buy)	$69.35	2008-05-12	Common Stock (8)	8	Direct
Non-Qualified Stock Option (right to buy)	$69.35	2010-05-07	Common Stock (4644)	4644	Direct
Non-Qualified Stock Option (right to buy)	$81.7	2008-05-12	Common Stock (5979)	5979	Direct
Non-Qualified Stock Option (right to buy)	$81.7	2009-05-11	Common Stock (6073)	6073	Direct
Non-Qualified Stock Option (right to buy)	$81.7	2011-05-06	Common Stock (402)	402	Direct
Non-Qualified Stock Option (right to buy)	$84.4	2014-05-09	Common Stock (43714)	43714	Direct

Footnotes

F1: The indirectly-held common stock holding (401k/PAESOP) reported in Table I includes shares acquired during the fiscal year pursuant to the 3M Voluntary Investment Plan.

F2: The directly-held common stock holding reported in Table I includes shares acquired pursuant to 3M's Dividend Reinvestment Program in transactions exempt from Section 16; this total also includes shares acquired during the fiscal year pursuant to 3M's General Employee Stock Purchase Plan.