XML 41 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2013
Schedule Of Activity Related To Asbestos Claims
Activity related to asbestos claims during the periods indicated was as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
Year Ended
 
September 30,
 
September 30,
 
December 31,
 
2013
 
2012
 
2013
 
2012
 
2012
Beginning claims
54,969

 
57,559

 
56,442

 
58,658

 
58,658

New claims
683

 
933

 
2,207

 
2,720

 
3,542

Settlements
(234
)
 
(253
)
 
(688
)
 
(800
)
 
(1,030
)
Dismissals
(1,596
)
 
(1,467
)
 
(4,139
)
 
(3,983
)
 
(4,919
)
MARDOC claims*

 
1

 

 
178

 
191

Ending claims
53,822

 
56,773

 
53,822

 
56,773

 
56,442


* As of January 1, 2010, the Company was named in 36,448 maritime actions which had been administratively dismissed by the United States District Court for the Eastern District of Pennsylvania ("MARDOC claims"), and therefore were not classified as active claims. In addition, the Company was named in 8 new maritime actions in 2010 (also not classified as active claims). Through September 30, 2013, pursuant to an ongoing review process initiated by the Court, 26,562 claims were permanently dismissed, and 3,391 claims were classified as active, of which 810 claims were subsequently dismissed, and 2,581 claims remain active (and have been added to "Ending claims"). The Company expects that more of the remaining 6,503 maritime actions will be activated, or permanently dismissed, as the Court's review process continues. The number on this line reflects the number of previously inactive MARDOC claims that were newly activated in a given period.
Schedule Of Settlement And Defense Costs
Detailed below are the comparable amounts for the periods indicated.
 
 
Three Months Ended
 
Nine Months Ended
 
Year Ended
(in millions)
September 30,
 
September 30,
 
December 31,
 
2013
 
2012
 
2013
 
2012
 
2012
Settlement / indemnity costs incurred (1)
$
9.0

 
$
8.4

 
$
23.2

 
$
29.3

 
$
37.5

Defense costs incurred (1)
15.8

 
15.3

 
44.7

 
44.2

 
58.7

Total costs incurred
$
24.8

 
$
23.8

 
$
67.9

 
$
73.5

 
$
96.1

 
 
 
 
 
 
 
 
 
 
Settlement / indemnity payments
$
10.6

 
$
9.8

 
$
29.5

 
$
27.8

 
$
38.0

Defense payments
14.8

 
13.9

 
42.6

 
41.9

 
59.8

Insurance receipts
(6.1
)
 
(2.8
)
 
(23.8
)
 
(9.7
)
 
(19.8
)
Pre-tax cash payments
$
19.4

 
$
20.8

 
$
48.3

 
$
60.1

 
$
78.0