3M reported first-quarter earnings of $2.16 per share, an increase of 5.4% versus the first quarter of 2016. Sales were $7.7 billion, up 3.7% year-on-year in dollar terms. Organic local-currency sales increased 4.6% while divestitures reduced sales by 0.4%. Foreign currency translation decreased sales by 0.5% year-on-year.   Operating income was $1.8 billion and operating income margins for the quarter were 23.1%, down 1.0% point year-on-year. This result includes an incremental $136 million o...