Contingent Liabilities and Other Matters (Tables)

12 Months Ended

Dec. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Schedule of Asbestos Product Liability Matters

Our recorded assets and liabilities related to asbestos-related claims were as follows at December 31, 2021 and 2020:

	December 31,
	2021		2020
Insurance recovery assets (1)	$	526.2	$	496.4
Liabilities for claims (2)	616.5		535.2

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(1)Of these amounts $473.6 and $446.4 are included in “Other assets” at December 31, 2021 and 2020, respectively, while the remainder is included in “Other current assets.”

(2)Of these amounts $561.4 and $479.9 are included in “Other long-term liabilities” at December 31, 2021 and 2020, respectively, while the remainder is included in “Accrued expenses.”

The following table presents information regarding activity for asbestos-related claims for the years ended December 31, 2021, 2020 and 2019:

	Year ended December 31
	2021	2020	2019
Pending claims, beginning of year	9,782	11,079	13,767
Claims filed	2,826	2,449	3,607
Claims resolved	(2,543)	(3,746)	(6,295)
Pending claims, end of year	10,065	9,782	11,079