v3.19.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 29, 2019
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:
 
Three Months Ended
 
March 29, 2019
 
March 30, 2018
 
(Number of claims)
Claims unresolved, beginning of period
16,417

 
17,737

Claims filed(1)
1,056

 
1,069

Claims resolved(2)
(711
)
 
(739
)
Claims unresolved, end of period
16,762

 
18,067

 
(1) Claims filed include all asbestos claims for which notification has been received or a file has been opened.
(2) 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:
 
March 29, 2019
 
December 31, 2018
 
(In thousands)
Long-term asbestos insurance asset(1)
$
278,183

 
$
278,662

Long-term asbestos insurance receivable(1)
64,828

 
62,523

Accrued asbestos liability(2)
58,556

 
56,045

Long-term asbestos liability(3)
282,298

 
288,962

 
(1) Included in Other assets in the Condensed Consolidated Balance Sheets.
(2) Represents current accruals for probable and reasonably estimable asbestos-related liability costs that the Company believes the subsidiaries will pay, 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.
(3) Included in Other liabilities in the Condensed Consolidated Balance Sheets.