v3.20.2
Commitments and Contingencies (Tables)
9 Months Ended
Oct. 02, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule Of Loss Contingencies By Claims Quantities laims activity since December 31 is as follows:
Nine Months Ended
October 2, 2020September 27, 2019
(Number of claims)
Claims unresolved, beginning of period16,299 16,417 
Claims filed(1)
2,898 3,360 
Claims resolved(2)
(3,712)(3,604)
Claims unresolved, end of period15,485 16,173 
(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
The Company’s Condensed Consolidated Balance Sheets included the following amounts related to asbestos-related litigation:
October 2, 2020December 31, 2019
(In thousands)
Current asbestos insurance receivable(1)
$34,674 $4,474 
Long-term asbestos insurance asset(2)
234,400 281,793 
Long-term asbestos insurance receivable(2)
36,681 41,629 
Accrued asbestos liability(3)
62,310 64,394 
Long-term asbestos liability(4)
259,426 286,105 
(1) Included in Other current assets in the Condensed Consolidated Balance Sheets. Over the next year, the Company expects to be reimbursed for certain asbestos-related costs that were mainly incurred prior to certain court rulings.
(2) Included in Other assets in the Condensed Consolidated Balance Sheets.
(3) 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.
(4) Included in Other liabilities in the Condensed Consolidated Balance Sheets.