Pros
The people are what makes this company great - smartest in the business and friendly. Good perks if in Minneapolis, especially if at main office. Pay is generally good. Work-life balance depends on position and location and department management. Good medical, dental, 401k, other benefits.
Cons
If you don't fit the work style and behavior, you will be miserable. Meetings before meetings, passive aggressive, being up-front is not appreciated, and you can never have an off day. It's all relationship based, so it's tough if you're an introvert and need time to think or recharge. If you work internationally, in marketing or in a professional position at a plant, you will not have any work-life balance. Company is entrenched in being a big corporation and cannot get small, innovative ideas into the market because they won't make enough money to meet the market expectations. No CEO wants to be the one to reduce or quit paying dividends, so it's all about what "the street" thinks of the company. Company is slow to make decisions and risk-averse. If you can manage up and are identified as a "driver", you can do no wrong. If management doesn't think you fit that mold, you will never promote. It's hard to break into social circles outside of work if you didn't grow up or live here before.