Other

Increase in liabilities, gross

3M Increase in liabilities, gross increased by 60.8% to $571.00M in Q3 2022 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ2 2022
Last reportedQ3 2022Apr 21, 2026

How to read this metric

An increase indicates rising legal or environmental liabilities, while a decrease suggests successful settlement or reduced exposure.

Detailed definition

Represents the gross estimated financial obligation for environmental remediation and legacy product liability claims. T...

Peer comparison

Commonly disclosed by industrial and manufacturing firms with historical exposure to hazardous materials or environmental regulations.

Metric ID: other_liability_for_asbestos_and_environmental_claims_gr_529191

Historical Data

2 periods
 Q2 '22Q3 '22
Value$355.00M$571.00M
QoQ Change+60.8%
Range$355.00M$571.00M

Frequently Asked Questions

What is 3M's increase in liabilities, gross?
3M (MMM) reported increase in liabilities, gross of $571.00M in Q3 2022.
What does increase in liabilities, gross mean?
The total estimated cost to settle environmental and legacy product liability claims.