{"schema_version":"secwatch.filing_event.v1","accession":"0000066740-24-000007","form_type":"8-K","ticker":"MMM","cik":"0000066740","company_name":"3M CO","filed_at":"2024-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.680119+00:00","generated_at":"2026-06-06T16:12:09.478741+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"3M elects to pay $1B cash for earplug settlement; participation exceeds 98% threshold","bullets":["3M amends settlement to irrevocably elect cash for the $1 billion payment option, instead of stock.","Claimant participation on track to exceed 98% threshold by final registration date March 25, 2024.","Total settlement remains $6.0 billion, payable 2023-2029; over 250,000 eligible claimants participating.","Amendment revises payment time periods subject to 98% participation condition.","MDL court ordered dismissals expected to resolve >99% of claims by registration deadline."],"urls":{"canonical":"https://secwatch.observer/filing/0000066740-24-000007","json":"https://secwatch.observer/filing/0000066740-24-000007.json","markdown":"https://secwatch.observer/filing/0000066740-24-000007.md","text":"https://secwatch.observer/filing/0000066740-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/66740/000006674024000007/0000066740-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/66740/000006674024000007/mmm-20240126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:12:09.478741+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":"a43a157e089fb156fdefd1045940437d9c9d9717","claim":"3M CO amended Amendment with Aearo Technologies LLC (together with certain of its related entities, the \"Aearo Entities\") valued at $1 billion (effective 2024-01-26).","evidence_excerpt":"On January 26, 2024, 3M and the Aearo Entities entered into an amendment (the “Amendment”) to the settlement arrangement pursuant to which 3M has irrevocably elected to pay cash for the $1 billion in payments that, under the Settlement, could have been paid either in cash or in stock at its sole discretion.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/66740/000006674024000007/0000066740-24-000007-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Aearo Technologies LLC (together with certain of its related entities, the \"Aearo Entities\")"},{"label":"Value","value":"$1 billion"},{"label":"Effective","value":"2024-01-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}