3M ( MMM ) receives a bulk of its revenues from the US, which accounted for almost 40% of its net sales in 2015. A slowdown in China, high levels of inflation in the Latin American countries, and the uncertainty as a result of the Brexit, has threatened to hit the earnings of many global companies. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com 2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively.