Strong competitive position thanks to broad product, customer, and geographic diversification. Differentiated technology platforms that generate strong brands and scale. Strong profitability. Many of its businesses are in competitive markets and are sensitive to economic conditions, which its breadth of products, geographies, and customers partially offset. Strong cash flow generating ability and liquidity profile; Capacity within the rating for opportunistic acquisitions; and Some potential cyclicality of cash flows due to economic or industry downturns. The stable outlook on St. Paul, Minn.-based diversified technology company 3M Co. reflects our view that the company's cash generation capabilities will remain fundamentally strong, even in the face of global economic weakness. We also expect cash will be allocated in a way that is consistent
