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3M (MMM) settled AFFF firefighting foam claims for $7.35 billion, covering 99% of roughly 120,000 plaintiffs, while shares rose 1.10% after-hours.
DuPont (DD), Corteva (CTVA), and Chemours (CC) each face PFAS lawsuits, making 3M's settlement a reference point for the industry.
3M back-loaded its payments to preserve near-term cash, then announced a $6 billion buyback, bringing total repurchase capacity to $7.5 billion.
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On November 3, 2026, 3M (NYSE:MMM) agreed to a pre-tax nominal commitment of $7.35 billion over nine years to settle personal injury claims over AFFF firefighting foam. The deal covers claims inside and outside the multidistrict litigation (MDL), the process that places similar federal lawsuits before one judge.

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