The record
Johnson & Johnson’s FY2025 Form 10-K states that, after the March 2025 dismissal of the Red River Talc bankruptcy, the company reversed substantially all of approximately $7 billion previously reserved for the bankruptcy resolution and returned the matter to the tort system.
Claim scope
A dated issuer disclosure about its own accounting treatment and litigation posture after the specified bankruptcy dismissal.
What this source does not establish
An active payout, a current liability amount, the value of any person’s claim, a settlement result, product content, scientific causation, or liability.
Limitations
The approximately $7 billion figure is a reserve reversal reported by the company, not a payment. Any proposed-plan figures in the filing describe that plan’s stated terms and must not be represented as present obligations or paid compensation.
Source
Sec Annual Report Corporate Disclosure — Johnson & Johnson Form 10-K FY2025, accession 0000200406-26-000016, talc-litigation disclosure describing the March 2025 Texas dismissal and approximately $7 billion reserve reversal