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COMMITMENTS AND CONTINGENCIES (Tables)
 6 Months Ended
Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Product Liability Contingencies [Table Text Block] As of June 30, 2019, there were approximately 24 thousand pending claims against ITT subsidiaries, including Goulds Pumps LLC, filed in various state and federal courts alleging injury as a result of exposure to asbestos. Activity related to these asserted asbestos claims during the period was as follows:
Pending claims – Beginning
24

New claims
2

Settlements
(1
)
Dismissals
(1
)
Pending claims – Ending
24
Roll Forward of Asbestos Liability and Related Assets he following table provides a rollforward of the estimated asbestos liability and related assets for the six months ended June 30, 2019 and 2018.
 
2019
 
2018
For the Six Months Ended June 30
Liability
 
Asset
 
Net
 
Liability
 
Asset
 
Net
Beginning balance
$
849.3


$
376.7


$
472.6

 
$
877.2

 
$
368.7

 
$
508.5

Asbestos provision(a)
30.6


6.2


24.4

 
32.0

 
6.1

 
25.9

Insurance settlement agreement
—

 
—

 
—

 
—

 
32.1

 
(32.1
)
Net cash activity(a)
(44.1
)

(28.3
)

(15.8
)
 
(50.4
)
 
(19.6
)
 
(30.8
)
Ending balance
$
835.8


$
354.6


$
481.2

 
$
858.8

 
$
387.3

 
$
471.5

Current portion
$
72.6


$
67.1



 
$
77.2

 
$
64.7

 
 
Noncurrent portion
$
763.2


$
287.5




 
$
781.6

 
$
322.6

 
 
(a)
Includes certain administrative costs such as legal-related costs for insurance asset recoveries.
Rollforward of Environmental Liability and Related Assets
The following table provides a rollforward of the estimated environmental liability for the six months ended June 30, 2019 and 2018.
For the Six Months Ended June 30
2019
 
2018
Environmental liability - beginning balance
$
66.8

 
$
73.9

Change in estimates for pre-existing accruals
0.3

 
3.3

Accruals added during the period for new matters
—

 
2.0

Payments (a)
(3.6
)
 
(12.2
)
Foreign currency
—

 
0.1

Environmental liability - ending balance
$
63.5

 
$
67.1


(a)
Includes cash payments of $7.9 for the six months ended June 30, 2018 related to the sale of a former operating location.