3M CO | 2013 | FY | 3

December 31, 2013          
(Millions)Assets Liabilities
Fair Value of Derivative Instruments Location Amount Location Amount
Derivatives designated as hedging instruments      
Foreign currency forward/option contracts Other current assets $ 24 Other current liabilities $ 35
Commodity price swap contracts  Other current assets   1 Other current liabilities   ―
Interest rate swap contracts  Other assets   8 Other liabilities   7
Total derivatives designated as          
 hedging instruments    $ 33   $ 42
            
Derivatives not designated as hedging instruments        
Foreign currency forward/option contracts  Other current assets $ 51 Other current liabilities $ 68
Total derivatives not designated as          
 hedging instruments    $ 51   $ 68
            
Total derivative instruments    $ 84   $ 110
            
December 31, 2012          
(Millions)Assets Liabilities
Fair Value of Derivative Instruments Location Amount Location Amount
Derivatives designated as hedging instruments      
Foreign currency forward/option contracts Other current assets $ 39 Other current liabilities $ 85
Commodity price swap contracts  Other current assets   ― Other current liabilities   1
Interest rate swap contracts  Other assets   23 Other liabilities   ―
Total derivatives designated as          
 hedging instruments    $ 62   $ 86
            
Derivatives not designated as hedging instruments        
Foreign currency forward/option contracts  Other current assets $ 10 Other current liabilities $ 20
Total derivatives not designated as          
 hedging instruments    $ 10   $ 20
            
Total derivative instruments    $ 72   $ 106

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