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CONTINGENT LIABILITIES AND OTHER MATTERS (Tables)
3 Months Ended
Apr. 02, 2022
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 April 2, 2022 and December 31, 2021:
April 2, 2022December 31, 2021
Insurance recovery assets (1)
$521.2 $526.2 
Liabilities for claims (2)
604.5616.5 
__________________________
(1)Of these amounts, $466.2 and $473.6 are included in Other assets at April 2, 2022 and December 31, 2021, respectively, while the remainder is included in Other current assets.
(2)Of these amounts, $548.6 and $561.4 are included in Other long-term liabilities at April 2, 2022 and December 31, 2021, respectively, while the remainder is included in Accrued expenses.
The following table presents information regarding activity for the asbestos-related claims for the three months ended April 2, 2022 and April 3, 2021:
Three months ended
April 2, 2022April 3, 2021
Pending claims, beginning of period10,0659,782
Claims filed712514
Claims resolved(597)(167)
Pending claims, end of period10,18010,129