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Accrued and Other Liabilities | 9 Months Ended
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Sep. 29, 2023
Accrued Liabilities [Abstract] |
Accrued and Other Liabilities | Accrued and Other Liabilities Accrued and Other liabilities in the Consolidated and Condensed Balance Sheets consisted of the following:
| September 29, 2023 |  | December 31, 2022
| Current |  | Noncurrent |  | Current |  | Noncurrent
| (In thousands)
Accrued taxes and deferred tax liabilities | $ | 51,467 |  |  | $ | 171,983 |  |  | $ | 49,615 |  |  | $ | 161,500 |
Compensation and related benefits | 90,480 |  |  | 54,307 |  |  | 74,794 |  |  | 57,438 |
Asbestos liability | 31,016 |  |  | 194,575 |  |  | 30,108 |  |  | 230,581 |
Contract liability | 29,488 |  |  | — |  |  | 25,899 |  |  | — |
Lease liability | 20,271 |  |  | 74,700 |  |  | 18,664 |  |  | 76,163 |
Warranty liability | 13,369 |  |  | — |  |  | 12,946 |  |  | — |
Third-party commissions | 16,561 |  |  | — |  |  | 18,315 |  |  | — |
Restructuring liability | 4,877 |  |  | 47 |  |  | 7,533 |  |  | 285 |
Other | 50,198 |  |  | 19,649 |  |  | 47,436 |  |  | 19,372 |
| $ | 307,727 |  |  | $ | 515,261 |  |  | $ | 285,310 |  |  | $ | 545,339 |
Accrued Warranty Liability A summary of the activity in the Company’s warranty liability included in Accrued liabilities in the Company’s Consolidated and Condensed Balance Sheets is as follows:
| Nine Months Ended
| September 29, 2023 |  | September 30, 2022
| (In thousands)
Warranty liability, beginning of period | $ | 12,946 |  |  | $ | 14,954 |
Accrued warranty expense | 4,448 |  |  | 4,367 |
Changes in estimates related to pre-existing warranties | 2,710 |  |  | 2,190 |
Cost of warranty service work performed | (7,891) |  |  | (6,815) |
Acquisition-related liability | 1,278 |  |  | — |
Foreign exchange translation effect | (122) |  |  | (975) |
Warranty liability, end of period | $ | 13,369 |  |  | $ | 13,721 |
Accrued Restructuring Liability The Company’s restructuring programs include a series of actions to reduce the structural costs of the Company. A summary of the activity in the Company’s restructuring liability included in Accrued liabilities and Other liabilities in the Consolidated and Condensed Balance Sheets is as follows:
| Nine Months Ended September 29, 2023
| Balance at Beginning of Period |  |  |  | Charges |  | Payments |  | Foreign Currency Translation |  | Balance at End of Period
| (In thousands)
Restructuring and other related charges: |  |  |  |  |  |  |  |  |  |  |
Termination benefits(1) | $ | 4,910 |  |  |  |  | $ | 7,405 |  |  | $ | (8,122) |  |  | $ | (97) |  |  | $ | 4,096 |
Facility closure costs and other(2) | 2,908 |  |  |  | 4,986 |  |  | (7,321) |  |  | 255 |  |  | 828 |
Subtotal | $ | 7,818 |  |  |  |  | 12,391 |  |  | $ | (15,443) |  |  | $ | 158 |  |  | $ | 4,924 |
Non-cash charges(3) |  |  |  |  | 5,351 |  |  |  |  |  |  |
Total |  |  |  |  | $ | 17,742 |  |  |  |  |  |  |
(1) Includes severance and other termination benefits, including outplacement services. (2) Includes the cost of relocating associates, relocating equipment, lease termination expense, and other costs in connection with the closure and optimization of facilities and product lines. (3) Includes impairment of long-lived assets in connection with the closure and optimization of facilities and product lines.

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- Definition The entire disclosure for the accrued and other liabilities during the reporting period. + References No definition available. + Details
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- References No definition available. + Details
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