DD · 8-K · 20260910PR000055

PFAS Settlement Liability

DuPont de Nemours, Inc. · 2026-09-10 · Importance 58 · Surprise 42 · No source text

DuPont, Chemours and Corteva agreed to pay $455 million over 15 years to resolve PFAS and other historical-discharge litigation brought by North Carolina and 11 local entities, with payments beginning within 30 days after execution of the Settlement Agreement. The settlement has a combined net present value of approximately $355 million; DuPont’s pre-tax present-value share is approximately $126 million, of which Qnity Electronics will reimburse 44%, and DuPont says its share is materially covered by existing accruals. The agreement includes $18 million for alleged PFAS contamination unrelated to Fayetteville Works, including no more than $14.4 million attributable to AFFF. The parties also agreed that qualifying New Jersey and North Carolina settlement payments will satisfy required future MOU escrow contributions, including the contribution otherwise due in September 2026.

Key facts

• Settlement payments total $455 million over 15 years, beginning within 30 days of execution of the Settlement Agreement. source
• The settlement payments have a net present value of approximately $355 million to be shared by DuPont, Chemours and Corteva. source
• For purposes of calculating qualified spend under the 2021 MOU, the companies agreed to value the settlement and potential future settlements at net present value as if paid in equal annual installments over 25 years, discounted at 8%. source
• Aggregate New Jersey and North Carolina settlement payments qualify for withdrawal from the companies’ MOU escrow account and exceed required future MOU escrow contributions, including replenishment obligations; those contributions will be considered satisfied, including the contribution otherwise due in September 2026. source
• DuPont’s pre-tax present-value share of the settlement is approximately $126 million; 44% is to be reimbursed by Qnity Electronics, and the amount is materially covered by existing accruals. source
• DuPont, Chemours and Corteva agreed to settle PFAS-related claims brought by the State of North Carolina and 11 local entities, including claims involving historical discharges from Fayetteville Works and PFAS contamination unrelated to that site. source
• Of the $455 million total settlement amount, $18 million is attributed to alleged PFAS contamination unrelated to Fayetteville Works; no more than $14.4 million, approximately 3% of the total, can be ascribed to AFFF. source
• The settlement remains subject to entry of dismissals of the covered litigations. source

Impact estimates