Accrual For Environmental Loss Contingencies, Payments (Recoveries)

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- Definition

Cash Recoveries for Environmental Obligations

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No definition available.

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- Definition

Environmental Provision, Net of Recoveries recorded to Other Assets

+ References

No definition available.

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- Definition

Environmental Remediation Provision, Net

+ References

No definition available.

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- Definition

Increase (decrease) during the period in Third-party Environmental Recoveries Receivable

+ References

No definition available.

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- Definition

Recorded Recoveries [Roll Forward]

+ References

No definition available.

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- Definition

Total costs accrued as of the balance sheet date for environmental loss contingencies.

+ References

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- Definition

Amount of foreign currency translation gain (loss) which decreases (increases) the accrual for environmental loss contingencies.

+ References

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- Definition

Amount of expense (reversal of expense) which increases (decreases) the accrual for environmental loss contingencies from revisions in estimates to existing obligations. Excludes changes related to business acquisitions, divestitures, or currency movement.

+ References

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- Definition

Increase (decrease) in the accrual for environmental loss contingencies during the reporting period.

+ References

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- Definition

A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.

+ References

No definition available.

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- Definition

Carrying value of the obligation (known or estimated) arising from requirements to perform activities to remediate one or more sites, payable in twelve months or in the next operating cycle if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition

Carrying value of the obligation (known or estimated) arising from requirements to perform activities to remediate one or more sites, payable after twelve months or beyond the next operating cycle if longer.

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- Definition

Amount, before recovery, of expense for known and estimated future costs arising from requirement to perform environmental remediation.

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- Definition

Carrying amount as of the balance sheet date of known and reasonably estimable amounts of recoveries from third-parties pertaining to an entity's environmental remediation obligations. An entity's balance sheet may include several assets that relate to an environmental remediation obligation. Among them are the following: a. Receivables from other potentially responsible parties that are not providing initial funding; b. anticipated recoveries from insurers; and c. anticipated recoveries from prior owners as a result of indemnification agreements.

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Environmental Obligations - Environmental Reserve Rollforward and Recoveries and Reserves (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Accrual for Environmental Loss Contingencies [Roll Forward]
Environmental reserves, long-term	$ 466.3		$ 466.3		$ 494.7
Recorded Recoveries [Roll Forward]
Environmental charges, net	5.7	$ 7.5	9.0	$ 9.8
Environmental provision, net	9.1	22.8	14.6	27.8
Continuing Operations
Recorded Recoveries [Roll Forward]
Environmental charges, net	5.7	7.5	9.0	9.8
Discontinued Operations
Recorded Recoveries [Roll Forward]
Environmental charges, net	3.4	15.3	5.6	18.0
Environmental recoveries
Recorded Recoveries [Roll Forward]
Environmental recoveries, beginning			4.9
Increase (Decrease) in recoveries			0.3
Cash received			(0.4)
Environmental recoveries, ending	4.8		4.8
Environmental provisions, net - recorded to liabilities
Recorded Recoveries [Roll Forward]
Environmental provision, net	9.0	22.9	14.9	28.2
Environmental provisions, net - recorded to assets
Recorded Recoveries [Roll Forward]
Environmental provision, net	0.1	$ (0.1)	(0.3)	$ (0.4)
Gross
Accrual for Environmental Loss Contingencies [Roll Forward]
Total environmental reserves at December 31, 2023			601.8
Provision (Benefit)			15.4
(Spending) Recoveries			(37.2)
Foreign currency translation adjustments			(3.1)
Net change			(24.9)
Total environmental reserves at June 30, 2024	576.9		576.9
Environmental reserves, current	101.8		101.8
Environmental reserves, long-term	475.1		475.1
Total environmental reserves at June 30, 2024	576.9		576.9		601.8
Recoveries
Accrual for Environmental Loss Contingencies [Roll Forward]
Total environmental reserves at December 31, 2023			9.7
Provision (Benefit)			(0.5)
(Spending) Recoveries			0.1
Foreign currency translation adjustments			0.0
Net change			(0.4)
Total environmental reserves at June 30, 2024	10.1		10.1
Environmental reserves, current	1.3		1.3
Environmental reserves, long-term	8.8		8.8
Total environmental reserves at June 30, 2024	10.1		10.1		9.7
Net
Accrual for Environmental Loss Contingencies [Roll Forward]
Total environmental reserves at December 31, 2023			592.1
Provision (Benefit)			14.9
(Spending) Recoveries			(37.1)
Foreign currency translation adjustments			(3.1)
Net change			(25.3)
Total environmental reserves at June 30, 2024	566.8		566.8
Environmental reserves, current	100.5		100.5
Environmental reserves, long-term	466.3		466.3
Total environmental reserves at June 30, 2024	$ 566.8		$ 566.8		$ 592.1