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CONTINGENT LIABILITIES AND OTHER MATTERS (Tables)
9 Months Ended
Oct. 02, 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 October 2, 2021 and December 31, 2020:
October 2, 2021December 31, 2020
Insurance recovery assets (1)
$453.9 $496.4 
Liabilities for claims (2)
499.4535.2 
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(1)Of these amounts, $403.9 and $446.4 are included in Other assets at October 2, 2021 and December 31, 2020, respectively, while the remainder is included in Other current assets.
(2)Of these amounts, $444.8 and $479.9 are included in Other long-term liabilities at October 2, 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 nine months ended October 2, 2021 and September 26, 2020:
Nine months ended Nine months ended
October 2, 2021September 26, 2020
Pending claims, beginning of period9,78211,079
Claims filed2,0441,730
Claims resolved(1,797)(2,651)
Pending claims, end of period10,02910,158