v3.4.0.3
Commitments and Contingencies (Tables)
 3 Months Ended
Apr. 01, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule Of Loss Contingencies By Claims Quantities [Table Text Block]
Claims activity since December 31 related to asbestos claims is as follows(1):
 
Three Months Ended
 
April 1, 2016
 
March 27, 2015
 
(Number of claims)
Claims unresolved, beginning of period
20,583

 
21,681

Claims filed(2)
1,521

 
1,226

Claims resolved(3)
(1,463
)
 
(1,058
)
Claims unresolved, end of period
20,641

 
21,849

 
(1) Excludes claims filed by one legal firm that have been “administratively dismissed.”
(2) Claims filed include all asbestos claims for which notification has been received or a file has been opened.
(3) Claims resolved include all asbestos claims that have been settled, dismissed or that are in the process of being settled or dismissed based upon agreements or understandings in place with counsel for the claimants.
Schedule Of Asbestos Related Litigation [Table Text Block]
The Company’s Condensed Consolidated Balance Sheets included the following amounts related to asbestos-related litigation:
 
April 1, 2016
 
December 31, 2015
 
(In thousands)
Current asbestos insurance asset(1)
$
29,283

 
$
28,872

Long-term asbestos insurance asset(2)
276,757

 
284,095

Long-term asbestos insurance receivable(2)
104,764

 
96,007

Accrued asbestos liability(3)
50,623

 
48,780

Long-term asbestos liability(4)
340,772

 
350,394

 
(1) Included in Other current assets in the Condensed Consolidated Balance Sheets.
(2) Included in Other assets in the Condensed Consolidated Balance Sheets.
(3) Represents current reserves for probable and reasonably estimable asbestos-related liability cost that the Company believes its subsidiaries will pay through the next 15 years, overpayments by certain insurers and unpaid legal costs related to defending themselves against asbestos-related liability claims and legal action against the Company’s insurers, which is included in Accrued liabilities in the Condensed Consolidated Balance Sheets.
(4)) Included in Other liabilities in the Condensed Consolidated Balance Sheets.