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Commitments and Contingent Liabilities (Tables)
3 Months Ended
Mar. 31, 2018
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.
 
Three Months Ended
 
Year Ended
(Dollars in millions)
March 31, 2018
 
December 31, 2017
Pending claims, beginning of period
54,300

 
64,400

New claims filed
400

 
1,900

Claims settled/dismissed
(4,700
)
 
(12,000
)
Pending claims, end of period
50,000

 
54,300

Payments (1)
$
3

 
$
16


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