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Power Query Editor

The Power Query Editor allows to

Launching Power Query Editor

The Power Query Editor can be launched from Excel via
It's also possible to launch Power Query Editor from Power BI Desktop.

Viewing Formula-M

In the Power Query Editor, the currently worked on M formula can be seen using the Menu View -> Advanced Editor.

Saving steps

The flow of steps that were modelled in Power Query Editor can be saved to a *.pbix file.

See also

The item Power Query Editor found from the Excel Ribbon tab via Data -> Get & Transform Data -> Get Data -> Query Options, under the GLOBAL section

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