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Commitments and Contingent Liabilities (Tables)
6 Months Ended
Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]  
Summary of Asbestos Claims Activity
A summary of recent approximate asbestos claims activity follows. Because claims are often filed and disposed of by dismissal or settlement in large numbers, the amount and timing of settlements and the number of open claims during a particular period can fluctuate significantly.
 
Six Months Ended
 
Year Ended
(Dollars in millions)
June 30, 2017
 
December 31, 2016
Pending claims, beginning of period
64,400

 
67,400

New claims filed
1,000

 
1,900

Claims settled/dismissed
(4,000
)
 
(4,900
)
Pending claims, end of period
61,400

 
64,400

Payments (1)
$
4

 
$
20


(1) Represents cash payments made during the period by us and our insurers on asbestos litigation defense and claim resolution.