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3M
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Updated Nov 4, 2026
3M settles AFFF PFAS litigation with $7.35B nominal commitment, recording $5.8B present-value charge in Q4 2026.
3M has reached a broad settlement of PFAS-related personal injury claims in the AFFF multidistrict litigation, committing to $7.35 billion in nominal payments from 2026 through 2034, with a present value of $5.8 billion to be recorded as a pre-tax charge in Q4 2026. The settlement addresses approximately 99% of current personal injury claims (115,000–120,000 plaintiffs) both inside and outside the MDL, substantially reducing litigation uncertainty. The company does not admit liability and retains the option to terminate the settlement if participation thresholds are not met.
Tone: neutralRevenue
$24.9B
MMM 10-K · FY 2025
Employees
60,500
Revenue FY2024
$24.6B
Founded
1902
Profile
MMM 10-K Item 1 · Feb 3, 20263M is a diversified global technology manufacturer operating across three business segments: Safety and Industrial, Transportation and Electronics, and Consumer. The company sells products through broad distribution channels including direct, e-commerce, wholesalers, and retailers across numerous countries. Its portfolio spans industrial abrasives, personal protection equipment, electronic materials, adhesives, and consumer branded goods.
Read filing description ↓ Collapse description ↑
3M is a diversified technology company with a global presence in the following businesses: Safety and Industrial; Transportation and Electronics; and Consumer. 3M is among the leading manufacturers of products for many of the markets it serves. Most 3M products involve expertise in product development, manufacturing and marketing, and are subject to competition from products manufactured and sold by other technologically oriented companies. 3M manages its continuing operations in three operating business segments: Safety and Industrial, Transportation and Electronics, and Consumer. 3M's business segments bring together common or related 3M technologies, enhancing the development of innovative products and services and providing for efficient sharing of business resources. 3M products are sold through numerous distribution channels, including directly to users and through a wide range of e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers in a wide variety of trades in many countries around the world. Management believes that the confidence of these partners in 3M and its products — a confidence developed through long association with skilled marketing and sales representatives — has contributed significantly to 3M's position in the marketplace and to its growth. As part of 3M's ongoing commercial excellence initiative, the Company is focused on further strengthening and optimizing this go-to-market channel, enhancing partner engagement, and improving overall channel performance to support continued growth.
Primary products
- 3M Cubitron Abrasives
- Scotch-Brite Abrasives
- Scotch Vinyl Tapes
- 3M Temflex Vinyl Tapes
- 3M Scotchkote Coatings
- 3M Dynatel Locators
Business segments
End markets
Geographies
“3M is among the leading manufacturers of products for many of the markets it serves.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Total net sales grew 1.5% year-over-year in 2025, driven by strength in safety and general industrial, commercial excellence, and new product introductions, partially offset by softness in auto aftermarket, roofing granules, commercial vehicles, and consumer, and the impact of the exit of manufactured PFAS products.
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