(Fortune) -- 3M (Charts) ranks no. 301 on FORTUNE's Global 500 this year, with $21.2 billion in revenues, up 5.8% from the previous year. The St. Paul, Minnesota-based company was ranked no. 295 on the 2005 list. Its 2005 profits were $3.2 billion, up 7% from a year earlier.

2005 was a banner year for most Global 500 companies. It took $13.7 billion in revenue just to make this year's list - up from $12.4 billion last year. And profits for the 500 companies jumped 30%. Total revenues for the Global 500 in 2006 add up to $18.9 trillion, a third of the world's GDP.

In the Miscellaneous industry, profits were up .2% from the previous year. The world's biggest companies in the sector are: TUI, ranked no. 261 on the Global 500 with $23.4 billion in revenues; Cendant (Charts), ranked no. 330 on the Global 500 with $19.5 billion in revenues; and Lagardère Groupe, ranked no. 416 on the Global 500 with $16.2 billion in revenues.

The Global 500 list is an annual ranking of the world's largest corporations by revenues.

Next: Full list: 2006 Global 500 at http://money.cnn.com/global500

Plus: See 3M's Global 500 details, including financial stats and contact information.