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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Liability For Unpaid Claims And Claims Adjustment Expense
The following table summarizes the change in number of asbestos claims outstanding for the three months ended March 31, 2024:
Asbestos Claims
Claims outstanding as of January 1, 2024506 
New claims filed35 
Pending claims concluded(1)
(36)
Claims outstanding as of March 31, 2024
505 
(1) For the three months ended March 31, 2024, 32 claims were dismissed and 4 claims were settled. Settlements totaled approximately $1.5 million for the three months ended March 31, 2024.
Schedule of Asbestos-Related Claims and Insurance Receivables
Our projected asbestos-related liabilities and insurance receivables were as follows:
(Dollars in millions)March 31, 2024December 31, 2023
Asbestos-related liabilities$61.5 $61.5 
Asbestos-related insurance receivables$56.5 $56.5