Commitments and Contingent Liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Summary of Recent Approximate 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.

(Dollars in millions)	2021			2020			2019
Pending claims, beginning of year		38,700			39,600			43,100
New claims filed during the year		1,000			1,100			1,500
Claims settled/dismissed		(1,500	)		(2,000	)		(5,000	)
Pending claims, end of year		38,200			38,700			39,600
Payments(1)	$	15		$	13		$	22

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

Changes in the Warranty Reserve

The following table presents changes in the warranty reserve during 2021 and 2020:

(In millions)	2021			2020
Balance at January 1	$	22		$	22
Cooper Tire acquisition		15			—
Payments made during the period		(29	)		(21	)
Expense recorded during the period		29			21
Translation adjustment		—			—
Balance at December 31	$	37		$	22