Other

Change in valuation allowance on Solventum ownership

3M Change in valuation allowance on Solventum ownership remained flat by 0.0% to -1.9% in Q4 2024 compared to the prior quarter.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2023
Last reportedQ4 2024Feb 3, 2026

How to read this metric

Changes reflect management's assessment of the recoverability of tax assets following structural changes.

Detailed definition

Measures the impact of changes in valuation allowances specifically related to the ownership or divestiture of a subsidi...

Peer comparison

Specific to companies undergoing major divestitures or spin-offs.

Metric ID: other_effective_income_tax_rate_reconciliation_change_in_532853

Historical Data

2 years
 FY'23FY'24
Value0%-7.7%
Range-7.7% – 0%

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Frequently Asked Questions

What is 3M's change in valuation allowance on solventum ownership?
3M (MMM) reported change in valuation allowance on solventum ownership of -1.9% in Q4 2024.
What does change in valuation allowance on solventum ownership mean?
The tax impact of adjusting the value of deferred tax assets related to a specific subsidiary.