DD · 10-Q · 2026Q3 · Full report
NJ PFAS Settlement
DuPont de Nemours, Inc. · 2026-11-03 · Importance 53 · Surprise 60
The court entered the final Judicial Consent Order for the New Jersey settlement on August 7, 2026, with payments due over 25 years; DuPont paid its first annual $71 million installment on September 8, 2026. DuPont and Corteva must provide $475 million of additional financial assurance for remediation, with DuPont responsible for 71%. DuPont contributed $106.5 million to the insurance-proceeds escrow buyout and recorded an $86 million receivable, received in October, plus a $20 million indemnification payable related to Qnity. The North Carolina settlement requires a $36 million DuPont initial payment, made October 9, 2026, and payments over 15 years; DuPont’s share of financial assurance for Chemours’ remaining obligations is 71% of $135 million.
Key facts
- DuPont and Corteva's NJ Settlement financial assurance is $475 million, with DuPont responsible for 71 percent; the surety bond was put in place in October 2026. source
- The court entered its final order for the NJ Settlement on August 7, 2026; it is payable over 25 years, and DuPont paid its first annual payment of $71 million on September 8, 2026. source
- DuPont contributed $106.5 million toward the $150 million Insurance Proceeds MOU escrow buyout; it recorded an $86 million receivable at September 30, subsequently received in October 2026. source
- Under the Legacy Liabilities Assignment Agreement, 44 percent of NJ Settlement funding obligations are allocated to Qnity, which indemnifies DuPont; DuPont indemnifies Qnity for its share of insurance proceeds received. source
- NJ Settlement payments are scheduled through 2050 and North Carolina Settlement payments through 2040. source