{"schema_version":"secwatch.filing_event.v1","accession":"0000066740-23-000076","form_type":"8-K","ticker":"MMM","cik":"0000066740","company_name":"3M CO","filed_at":"2023-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.423622+00:00","generated_at":"2026-06-10T15:32:02.051458+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"3M amends credit agreement to accommodate $6.01B earplug settlement charges","bullets":["Amendment to $4.25B revolving credit agreement allows add-back of CAE settlement charges for EBITDA calculation.","CAE settlement total $6.01B: $5.01B cash + $1B in 3M common stock, payable 2023-2029.","EBITDA covenant remains at 3.0:1; amendment ensures compliance after $6B settlement charges.","Amendment effective September 18, 2023; required banks consented."],"urls":{"canonical":"https://secwatch.observer/filing/0000066740-23-000076","json":"https://secwatch.observer/filing/0000066740-23-000076.json","markdown":"https://secwatch.observer/filing/0000066740-23-000076.md","text":"https://secwatch.observer/filing/0000066740-23-000076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/66740/000006674023000076/0000066740-23-000076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/66740/000006674023000076/mmm-20230918.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T15:32:02.051458+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"538b0c3759a171815265fe39716005bba0184d26","claim":"3M CO amended Amendment No. 2 to the Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent, Citibank, N.A. as syndication agent, Deutsche Bank Securities Inc. and Bank of America, N.A. as documentation agents, and a syndicate of lenders valued at $4.25 billion five-year revolving credit agreement (effective 2023-09-18).","evidence_excerpt":"On September 18, 2023, 3M Company (the \"Company\") entered into Amendment No. 2 to the Credit Agreement (the \"Amendment\"), amending the Company’s $4.25 billion five-year revolving credit agreement, dated May 11, 2023 (as amended from time to time, the \"Credit Agreement\"), with JPMorgan Chase Bank, N.A. as administrative agent, Citibank, N.A. as syndication agent, Deutsche Bank Securities Inc. and Bank of America, N.A. as documentation agents, and a syndicate of lenders party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/66740/000006674023000076/0000066740-23-000076-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. as administrative agent, Citibank, N.A. as syndication agent, Deutsche Bank Securities Inc. and Bank of America, N.A. as documentation agents, and a syndicate of lenders"},{"label":"Value","value":"$4.25 billion five-year revolving credit agreement"},{"label":"Effective","value":"2023-09-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}