MAAT INDEX

CLAIM #42437 · 3M Company (MMM) · 2024Q1 earnings call · Apr 30, 2024 · due Dec 31, 2025

No, Deane, we're committed to that exit. We're on track, and we're committed to follow through.

Mike Roman · CEO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

the Superfund. So would either of these actions put you closer to be able to set a reserves? I know you couldn't before for accounting purposes. It was not estimable or the probable, but now we're closer to that. So are you closer to where you could be setting reserves for these remaining unaddressed PFAS liabilities? Michael Roman: Yes. Deane, we are -- as I've said a number of times, we're proactively managing this, all aspects of the PFAS dynamic. And as soon as we can get to probable and estimable, we will take the reserves. And we'll keep you informed, and I would refer to our SEC filings for updates. Deane Dray: That's really helpful. And just one other one, I'm sorry. Is there any scenario where 3M would continue to manufacture PFAS after the year-end 2025 target? Michael Roman: No, Deane, we're committed to that exit. We're on track, and we're committed to follow through. Operator: This concludes the question-and-answer portion of our conference call. I will now turn the call back over to Mike Roman for some closing comments. Michael Roman: This concludes my last earnings call as 3M's CEO. I would like to thank the investors, shareholders, analysts, employees and family who join these calls each quarter. I greatly appreciate your questions and diligence in working to better understand our company. I'm confident that under Bill's leadership, our people will continue to build on the momentum from our strong start to the year. Thank you for joining us, and have a great day. Operator: Ladies and gentlemen, that does conclude today's conference call. We thank you for your participation and ask that you please disconnect your line at this time.

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SEC filings for MMM · Claim quote is verbatim from the 2024Q1 earnings call.