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COMMITMENTS AND CONTINGENCIES (Tables)
 6 Months Ended
Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Product Liability Contingencies [Table Text Block] As of June 30, 2020, 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 – Beginning24  
New claims2  
Settlements(1) 
Dismissals(1) 
Pending claims – Ending24  
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, 2020 and 2019.
20202019
For the Six Months Ended June 30
LiabilityAssetNetLiabilityAssetNet
Beginning balance$817.6  $386.8  $430.8  $849.3  $376.7  $472.6  
Asbestos provision(a)
28.9  5.3  23.6  30.6  6.2  24.4  
Insurance settlement agreements—  48.3  (48.3) —  —  —  
Net cash activity(a)
(42.7) (35.1) (7.6) (44.1) (28.3) (15.8) 
Ending balance$803.8  $405.3  $398.5  $835.8  $354.6  $481.2  
Current portion$85.9  $85.9  $72.6  $67.1  
Noncurrent portion$717.9  $319.4  $763.2  $287.5  
(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, 2020 and 2019.
For the Six Months Ended June 30
20202019
Environmental liability - beginning balance$61.9  $66.8  
Change in estimates for pre-existing accruals:
Continuing operations1.4  0.3  
Discontinued operations(1.6) —  
Payments(2.3) (3.6) 
Foreign currency(0.1) —  
Environmental liability - ending balance$59.3  $63.5