---
schema_version: "secwatch.filing_event.v1"
accession: "0000066740-23-000048"
form_type: "8-K"
ticker: "MMM"
cik: "0000066740"
company_name: "3M CO"
filed_at: "2023-06-22T23:59:59+00:00"
generated_at: "2026-06-13T19:29:24.822074+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# 3M to pay up to $12.5B to resolve PFAS drinking water claims from U.S. public water systems

## Summary
- Settlement resolves drinking water PFAS claims by U.S. public water systems; total nominal value $10.5B-$12.5B payable 2024-2036.
- Pre-tax charge of approx. $10.3B in Q2 2023, reflecting present value of expected $12.5B nominal payments.
- Settlement subject to court approval; 3M admits no liability and can terminate if opt-outs exceed specified thresholds.
- Funding for PFAS treatment and testing for eligible PWS; 3M reaffirms plan to exit all PFAS manufacturing by end of 2025.

## SEC filing metadata
- accession: 0000066740-23-000048
- form_type: 8-K
- ticker: MMM
- cik: 0000066740
- company_name: 3M CO
- filed_at: 2023-06-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66740/000006674023000048/0000066740-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66740/000006674023000048/mmm-20230622.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000066740-23-000048
- JSON: https://secwatch.observer/filing/0000066740-23-000048.json
- Plain text: https://secwatch.observer/filing/0000066740-23-000048.txt

## Key facts
- Material Agreements
  3M CO entered into Proposed Class-Action Settlement Regarding PFAS Drinking Water Claims with Class members comprising public water systems in the United States valued at $10.5 billion to $12.5 billion (effective 2023-06-22).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Class members comprising public water systems in the United States
  - Value: $10.5 billion to $12.5 billion
  - Effective: 2023-06-22
  source text: On June 22, 2023, 3M Company (“3M”) entered into a proposed class-action settlement (“Settlement”) to resolve a wide range of drinking water claims by public water systems (“PWS”) in the United States regarding any per- or poly-fluoroalkyl substance (“PFAS”), subject to court approval.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66740/000006674023000048/0000066740-23-000048-index.htm

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