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Commitments and Contingent Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2020
Commitments And Contingencies Disclosure [Abstract] |
Summary of Recent Approximate Asbestos Claims Activity | A summary of recent approximate asbestos claims activity follows. Because claims are often filed and disposed of by dismissal or settlement in large numbers, the amount and timing of settlements and the number of open claims during a particular period can fluctuate significantly.
(Dollars in millions) |  | 2020 |  |  | 2019 |  |  | 2018 |
Pending claims, beginning of year |  |  | 39,600 |  |  |  | 43,100 |  |  |  | 54,300 |
New claims filed during the year |  |  | 1,100 |  |  |  | 1,500 |  |  |  | 1,300 |
Claims settled/dismissed |  |  | (2,000 | ) |  |  | (5,000 | ) |  |  | (12,500 | )
Pending claims, end of year |  |  | 38,700 |  |  |  | 39,600 |  |  |  | 43,100 |
Payments(1) |  | $ | 13 |  |  | $ | 22 |  |  | $ | 18 |
(1) | Represents cash payments made during the period by us and our insurers on asbestos litigation defense and claim resolution.
Changes in the Warranty Reserve | The following table presents changes in the warranty reserve during 2020 and 2019:
(In millions) |  | 2020 |  |  | 2019 |
Balance at January 1 |  | $ | 22 |  |  | $ | 18 |
Payments made during the period |  |  | (21 | ) |  |  | (25 | )
Expense recorded during the period |  |  | 21 |  |  |  | 29 |
Translation adjustment |  |  | — |  |  |  | — |
Balance at December 31 |  | $ | 22 |  |  | $ | 22 |

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- Definition Number Of Claims Filed. + References No definition available. + Details
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249 + Details
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