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CONTINGENT LIABILITIES AND OTHER MATTERS (Tables)
 6 Months Ended
Jul. 03, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Asbestos Product Liability Matters Our recorded assets and liabilities related to asbestos-related claims were as follows at July 3, 2021 and December 31, 2020:
July 3, 2021December 31, 2020
Insurance recovery assets (1)
$478.7 $496.4 
Liabilities for claims (2)
512.7535.2 
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(1)Of these amounts, $428.7 and $446.4 are included in "Other assets" at July 3, 2021 and December 31, 2020, respectively, while the remainder is included in “Other current assets.”
(2)Of these amounts, $458.1 and $479.9 are included in “Other long-term liabilities" at July 3, 2021 and December 31, 2020, respectively, while the remainder is included in “Accrued expenses.”
The following table presents information regarding activity for the asbestos-related claims for the six months ended July 3, 2021 and June 27, 2020:
Six months ended Six months ended
July 3, 2021June 27, 2020
Pending claims, beginning of period9,78211,079
Claims filed1,2531,060
Claims resolved(1,104)(1,880)
Pending claims, end of period9,93110,259