v3.26.1
Commitments and Contingencies
12 Months Ended
Dec. 27, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies COMMITMENTS AND CONTINGENCIES
Commitments

The Company had purchase commitments of $48 at December 27, 2025, primarily related to computer software. The Company enters into fixed-price contracts with suppliers to purchase natural gas to support certain manufacturing processes. The Company had contract purchases of $717 in 2025 and $743 in 2024. At December 27, 2025, the Company has commitments to purchase natural gas of $179 for 2026.

Contingencies

The Company assesses its exposure related to legal matters, including those pertaining to product liability, safety and health matters and other items that arise in the regular course of its business. If the Company determines that it is probable a loss has been incurred, the amount of the loss, or an amount within the range of loss, that can be reasonably estimated will be recorded. There are no pending or threatened legal matters for which a reasonably estimated range of losses can be determined except as described below, and accordingly, the Company has not identified any such legal matters that could have a material adverse effect on its consolidated results of operations, financial position or cash flows.
Legal Proceedings

As previously disclosed, the Company is currently defending five lawsuits based generally on alleged damages related to historical use of certain products alleged to have contained PFAS chemicals in its manufacturing processes. During the fourth quarter, the Company engaged in settlement discussions with the plaintiffs in four of these pending claims. These pending matters are those styled: Moss Land Company, LLC, et al. v. City of Calhoun, et al., in the Superior Court of Gordon County, Georgia, Case No. 24CV73929; The City of Calhoun, Georgia v. Daikin America, Inc., et al., in the Superior County of Gordon County, Georgia, Case No. 24CV73929; William Hartwell Brooks v. City of Calhoun, Georgia, et al., in the Superior Court of Gordon County, Georgia, Case No. 24CV74289; and James Haley Stephens v. 3M Company, et al., in the Superior Court of Gordon County, Georgia, Case No. 25CV75072. . As a result of those discussions, the Company has reached a memorandum of understanding to settle the Moss claims subject to certain conditions and negotiation of a final settlement agreement with the plaintiffs and have settled all claims with respect to The City of Calhoun in such matters. Accordingly, the Company has estimated and recorded a liability for such anticipated settlement amounts and payments. That amount is deemed to be immaterial due to the anticipated terms of the settlement agreements. No final settlement agreement has been entered into with respect to the Brooks and Stephens matters and discussions concerning the terms of those final settlement agreements are ongoing.

Additionally, the Company has obtained an agreement in principle from the Plaintiffs in the pending Chatsworth matter styled, The City of Chatsworth, Georgia v. 3M Company, et al., in the Superior Court of Murray County, Georgia, Case No. 25-C10245 to dismiss without prejudice that lawsuit and the claims against us asserted therein.

Environmental Remediation

The Company accrues for losses associated with environmental remediation obligations when such losses are probable and estimable. Remediation obligations are accrued based on the latest available information and are recorded at undiscounted amounts. The Company regularly monitors the progress of environmental remediation. If studies indicate that the cost of remediation has changed from the previous estimate, an adjustment to the liability would be recorded in the period in which such determination is made. (See Note 20).