Asbestos-Related Liabilities (Tables)

9 Months Ended

Sep. 30, 2024

Movement in Liability for Asbestos and Environmental Claims [Abstract]

Schedule of Claims Activity

During the nine months ended September 30, 2024, the Company paid $7 to settle asbestos claims and pay related legal and defense costs and had approximate claims activity as follows:

Beginning claims	58,500
New claims	1,000
Settlements or dismissals	(300)
Ending claims	59,200

Schedule of Outstanding Asbestos Claims by Years of Exposure and State Filed

In the fourth quarter of each year, the Company performs an analysis of outstanding claims and categorizes these claims by year of exposure and state filed. As of December 31, 2023, the Company's outstanding claims were:

Claimants alleging first exposure after 1964	18,000
Claimants alleging first exposure before or during 1964 filed in:
Texas	13,000
Pennsylvania	1,500
Other states that have enacted asbestos legislation	6,000
Other states	20,000
Total claims outstanding	58,500

Schedule of Percentage of Outstanding Claims Related to Claimants Alleging Serious Diseases

As of December 31, 2023 and 2022, the percentage of outstanding claims related to claimants alleging serious diseases (primarily mesothelioma and other malignancies) were as follows:

	2023		2022
Total claims	25	%	24	%
Pre-1965 claims in states without asbestos legislation	44	%	43	%