3M to Commit $7.35 Billion to Settle PFAS Personal Injury Claims

07:36 PM EST, 11/03/2026 (MT Newswires) -- 3M Company (MMM) agreed to make a $7.35 billion commitment over nine years to resolve approximately 99% of current personal injury claims related to per- and polyfluoroalkyl substances (PFAS), the company said Tuesday. The settlement covers approximately 115,000 to 120,000 plaintiffs and has a present value of $5.8 billion. Payments include $50 million in 2026, with none scheduled for 2027. 3M will record a pre-tax charge of $5.8 billion in Q4 2026. The company said the settlement does not change its previously issued 2026 guidance.