---
schema_version: "secwatch.filing_event.v1"
accession: "0000066740-22-000085"
form_type: "8-K"
ticker: "MMM"
cik: "0000066740"
company_name: "3M CO"
filed_at: "2022-12-20T23:59:59+00:00"
generated_at: "2026-06-21T02:08:25.058323+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# 3M to Exit PFAS Manufacturing by End of 2025; Expects $1.3B-$2.3B Pre-tax Charges

## Summary
- Board authorized plan to exit all PFAS manufacturing by end of 2025; also to discontinue PFAS use across product portfolio.
- Total pre-tax charges estimated at $1.3B to $2.3B over exit period, 70-80% non-cash.
- Q4 2022 pre-tax charge of $0.7B to $1.0B primarily non-cash asset impairments.
- Manufactured PFAS annual net sales ~$1.3B with ~16% EBITDA margins; results to be adjusted from 2023.
- Company will facilitate orderly customer transition and continue PFAS remediation and litigation defense.

## SEC filing metadata
- accession: 0000066740-22-000085
- form_type: 8-K
- ticker: MMM
- cik: 0000066740
- company_name: 3M CO
- filed_at: 2022-12-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.06, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66740/000006674022000085/0000066740-22-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66740/000006674022000085/mmm-20221216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000066740-22-000085
- JSON: https://secwatch.observer/filing/0000066740-22-000085.json
- Plain text: https://secwatch.observer/filing/0000066740-22-000085.txt

## Key facts
- Restructurings & Charges
  3M CO announced a impairment with charges of $0.7 billion to $1.0 billion affecting PFAS manufacturing.
  - Type: impairment
  - Charge: $0.7 billion to $1.0 billion
  - Affected area: PFAS manufacturing
  source text: As a result of authorization by 3M Company’s Board of Directors on December 16, 2022 of the plan to exit per- and polyfluoroalkyl substance (PFAS) manufacturing by the end of 2025, 3M expects to incur an estimated pre-tax charge in a range of $0.7 billion to $1.0 billion in the fourth quarter of 2022, primarily non-cash and related to asset impairments. These impairments, in and of themselves, are not expected to result in material future cash expenditures.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66740/000006674022000085/0000066740-22-000085-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.