BD settles vast majority of hernia litigation for amount within existing reserve, no incremental charge

BECTON DICKINSON & CO

Settlement covers cases in Rhode Island consolidated litigation and federal MDL in Ohio; no admission of liability.
Aggregate payment within current product litigation reserve, already recorded as liability, no incremental P&L charge.
Multi-year payment structured within BD's previously communicated free cash flow goals and capital allocation.
BD will continue to defend cases not covered by this settlement.

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