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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2020
Commitments And Contingencies Disclosure [Abstract]  
Summary of Obligation Payable to Honeywell

The following table summarizes our Obligation payable to Honeywell related to these agreements:

 

 

 

Six Months Ended June 30, 2020

 

 

 

Asbestos and

environmental

 

 

Tax Matters

 

 

Total

 

Beginning of year

 

$

1,090

 

 

$

261

 

 

$

1,351

 

Accrual for update to estimated liability

 

 

 

 

 

 

 

 

 

Legal fees expensed

 

 

27

 

 

 

 

 

 

27

 

Payments to Honeywell

 

 

(35

)

 

 

 

 

 

(35

)

Currency translation adjustment

 

 

(2

)

 

 

 

 

 

(2

)

End of period

 

$

1,080

 

 

$

261

 

 

$

1,341

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

 

 

 

 

 

37

 

 

 

37

 

Non-current

 

 

1,080

 

 

 

224

 

 

 

1,304

 

Total

 

$

1,080

 

 

$

261

 

 

$

1,341

 

Summary of Asbestos Claim Activity

The following tables present information regarding Bendix related asbestos claims activity:

 

 

 

Six Months

Ended June 30,

 

 

Year Ended

December 31,

 

Claims Activity

 

2020

 

 

2019

 

Claims Unresolved at the beginning of the period

 

 

6,480

 

 

 

6,209

 

Claims Filed

 

 

1,013

 

 

 

2,659

 

Claims Resolved

 

 

(1,195

)

 

 

(2,388

)

Claims Unresolved at the end of the period

 

 

6,298

 

 

 

6,480

 

 

 

Six Months

Ended June 30,

 

 

Years Ended

December 31,

 

Disease Distribution of Unresolved Claims

 

2020

 

 

2019

 

Mesothelioma and Other Cancer Claims

 

 

3,278

 

 

 

3,399

 

Nonmalignant Claims

 

 

3,020

 

 

 

3,081

 

Total Claims

 

 

6,298

 

 

 

6,480

 

 

Summary of Average Resolutions Per Claim Excluding Legal Costs

Honeywell has experienced average resolutions per claim excluding legal costs as follows:

 

 

 

Years Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

(in whole dollars)

 

Malignant claims

 

$

50,200

 

 

$

55,300

 

 

$

56,000

 

 

$

44,000

 

Nonmalignant claims

 

$

3,900

 

 

$

4,700

 

 

$

2,800

 

 

$

4,485