Value Hedging News Today

Columnist emeritus Paul Miller returns for another installment of “The Spirit of Accounting” to ask if standard-setting should be taken out of accountants’ hands.

    Consolidation: 3M is a diversified global manufacturer, technology innovator and marketer of a wide variety of products. All applicable subsidiaries are consolidated. All intercompany transactions are eliminated. As used herein, the term "3M" or "Company" refers to 3M Company and subsidiaries unless the context indicates otherwise.   Basis of presentation: Certain amounts in the prior years consolidated financial statements have been reclas...