PRICING SUPPLEMENT NO. 2

Dated November 3, 2006

To Prospectus Dated October 20, 2003 and

Prospectus Supplement Dated December 12, 2003

Filed under Rule 424(b)(3)

File No. 333-109211

 

CUSIP No.: 88579EAB1

3M COMPANY

MEDIUM-TERM NOTES, SERIES D

 

Type of Note:

 

Fixed Rate

 

 

 

Principal Amount:

 

$400,000,000

 

 

 

Price to Public:

 

99.956%

 

 

 

Proceeds to Company:

 

$399,224,000

 

 

 

Interest Rate:

 

5.125%

 

 

 

Original Issue Date:

 

November 8, 2006

 

 

 

Maturity Date:

 

November 6, 2009

 

 

 

Interest Payment Dates:

 

May 6 and November 6 of each year, commencing May 6, 2007

 

 

 

Minimum Denominations:

 

The Notes will be issued in denominations of $1,000 and in integral multiples of $1,000.

 

 

 

Day Count Convention:

 

30/360

 

 

 

Form:

 

DTC, Book-Entry

 

 

 

Agents:

 

Goldman, Sachs & Co.

 

 

UBS Securities LLC

 

 

Merrill Lynch, Pierce, Fenner & Smith Incorporated

 

 

 

 

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Additional Information:

 

 

 

 

 

 

 

Principal Amount Allocation:

 

 

 

 

 

 

 

Goldman, Sachs & Co.

 

$180,000,000

 

 

UBS Securities LLC

 

180,000,000

 

 

Merrill Lynch, Pierce, Fenner & Smith Incorporated

 

40,000,000

 

 

Total

 

$400,000,000

 

 

 

 

 

 

 

Selling Concession:

 

0.125

%

 

 

 

 

 

 

Reallowance:

 

0.100

%

 

 

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