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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule Of Loss Contingencies By Claims Quantities Asbestos-related claims activity since December 31, 2023 and 2022, respectively.
Year Ended December 31,
20242023
(Number of claims)
Claims unresolved, beginning of period13,648 14,106 
Claims filed(1)
5,005 4,627 
Claims resolved(2)
(4,895)(5,085)
Claims unresolved, end of period13,758 13,648 
(In dollars)
Average cost of resolved claims(3)
$10,574 $9,524 
(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.
(3) Excludes claims settled in Mississippi for which the majority of claims have historically been resolved for no payment and insurance recoveries.
Schedule Of Asbestos Related Litigation Company’s Consolidated Balance Sheets include the amounts related to asbestos-related litigation shown in the table below.
December 31,
20242023
(In thousands)
Long-term asbestos insurance asset(1)
$234,951 $221,489 
Long-term asbestos insurance receivable(1)
16,961 17,868 
Accrued asbestos liability(2)
40,779 32,908 
Long-term asbestos liability(3)
$253,287 $234,796 
(1) Included in Other assets in the 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 Consolidated Balance Sheets.
(3) Included in Other liabilities in the Consolidated Balance Sheets.