3M Co., St. Paul, Minn., intends to contribute $800 million to $1 billion to its pension and other post-employment benefit plans in 2012.
In 2011, the company contributed $600 million total to the plans.
Of the expected 2012 contributions, $600 million will be made in the first half of the year, David W. Meline, senior vice president and CFO, said during the company's earnings call on Thursday. A presentation accompanying the call stated $300 million each will be contributed in the first and second quarter of the year.
3M had $11.4 billion in U.S. defined benefit plan assets as of Sept. 30, according to Pensions & Investments data.