Form 8-K · Current report
3M 8-K, filed Nov 4, 2026
- Filed
- CIK
- 0000066740
- Accession no.
- 0000066740-26-000318
Summary
3M entered a settlement arrangement intended to resolve the vast majority of PFAS-related personal injury claims centralized in the Aqueous Film-Forming Foam multidistrict litigation in federal court in South Carolina, committing a $7.35 billion nominal amount payable between 2026 and 2034 with a present value of $5.8 billion. 3M said the agreement covers about 99% of current claims involving roughly 115,000–120,000 eligible plaintiffs, includes a $680 million reserve fund, involves no admission of liability, and will produce a pre-tax charge of about $5.8 billion in the fourth quarter of 2026 without changing previously issued 2026 guidance.
Key points
- Payments include $50 million in 2026, none in 2027, and about 20% of the total in the final two years; amounts and timing depend on claimants meeting participation thresholds.
- To participate, claimants must enroll and give 3M a full release of PFAS-related personal injury and certain related claims.
- Chairman and CEO William Brown called the settlement a significant milestone that substantially reduces litigation uncertainty, following the 2023 public water supplier resolution and a more recent settlement with the State of New Jersey.
- The charge will be treated as a special item in arriving at adjusted results.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01. Entry Into a Material Definitive Agreement On November 3, 2026, 3M Company (“3M” or the “Company”) entered into a settlement arrangement (the “Settlement”) which is structured to promote participation by claimants and is intended to resolve the vast majority of alleged per- or poly-fluoroalkyl substance (“PFAS”)-related personal injury claims that are the focus of the Aqueous Film-Forming Foam multidistrict litigation (“AFFF MDL”) in federal district court in South Carolina. Pursuant to the Settlement, reached through the mediation process that the Company has previously disclosed, 3M will contribute a total nominal amount of $7.35 billion between 2026 and 2034. …
An excerpt of the text as filed with the SEC, cut for length.
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