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Fitch Ratings has affirmed the foreign- and local-currency Issuer Default Ratings (IDRs) of Vale S.A. at ‘BBB’. Fitch has also affirmed the senior unsecured debt ratings of Vale Overseas Limited and Vale Canada Limited at ‘BBB’ and affirmed the national scale rating of Vale at ‘AAA(bra)’. The Rating Outlook for all ratings remains Stable. The ...
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 reclassified to conform to the current year presentation. As described in Note 19, effecti...