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Legal Matters and Contingencies | 9 Months Ended
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Sep. 30, 2025
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Legal Matters and Contingencies | Legal Matters As described in our Annual Report on Form 10-K for the year ended December 31, 2024, we received certain requests from the United States Department of Justice (“DOJ”) concerning allegations of violations of the Food, Drug, and Cosmetic Act in connection with the manufacturing, marketing and sale of surgical gowns by our former health care business, Avanos Medical, Inc. (previously Halyard Health, Inc.). During the third quarter of 2025, we entered into a Deferred Prosecution Agreement (the “DPA”) with the DOJ that resolved the DOJ’s investigation. Pursuant to the DPA, the Company is responsible for making certain monetary payments that are not expected to materially affect our financial position, results of operations or cash flows.

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- Definition The entire disclosure for legal proceedings, legal contingencies, litigation, regulatory and environmental matters and other contingencies. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 450 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/450/tableOfContent + Details
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