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Contingencies (Tables)
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Summary of Cumulative Trauma Product Liability Claims Activity
A summary of cumulative trauma product liability lawsuit and pending claims activity follows:
 
 
Three Months Ended March 31, 2017
 
Year Ended December 31, 2016
Open lawsuits, beginning of period
 
1,794

 
1,988

New lawsuits
 
97

 
379

Settled and dismissed lawsuits
 
(319
)
 
(573
)
Open lawsuits, end of period
 
1,572

 
1,794


 
 
Three Months Ended March 31, 2017
 
Year Ended December 31, 2016
Pending claims, beginning of period
 
3,023

 
3,779

New claims
 
120

 
843

Settled and dismissed claims
 
(346
)
 
(1,599
)
Pending claims, end of period
 
2,797

 
3,023

Summary of Insurance Receivable Balances and Activity Related to Cumulative Trauma Product Liability Losses
A summary of insurance receivable balances and activity related to cumulative trauma product liability losses follows:
(In millions)
 
Three Months Ended March 31, 2017
 
Year Ended December 31, 2016
Balance beginning of period
 
$
159.9

 
$
229.5

Additions
 
1.7

 
29.2

Collections and settlements converted to notes receivable
 
(103.1
)
 
(98.8
)
Balance end of period
 
$
58.5

 
$
159.9

Schedule of Notes Receivable Balances from Insurance Companies
A summary of notes receivable balances from insurance companies is as follows:
(In millions)
 
Three Months Ended March 31, 2017
 
Year Ended December 31, 2016
Balance beginning of period
 
$
67.3

 
$
8.7

Additions
 
19.8

 
95.6

Collections
 
(4.0
)
 
(37.0
)
Balance end of period
 
$
83.1

 
$
67.3