Defendant Asbestos and Environmental Liabilities - Reconciliation (Details) - USD ($) $ in Millions |
3 Months Ended | |
---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
|
Liability for Asbestos and Environmental Claims [Roll Forward] | ||
Balance as of January 1 | $ 545 | $ 567 |
Insurance balances recoverable | (172) | (172) |
Net balance as of January 1 | 373 | 395 |
Amounts recorded in defendant asbestos and environmental expenses: | ||
Reduction in estimated future expenses | (1) | (1) |
Amortization of fair value adjustments | 5 | 4 |
Total defendant asbestos and environmental expenses | 4 | 3 |
Total paid claims | (17) | (12) |
Net balance as of March 31 | 360 | 386 |
Insurance balances recoverable | 169 | 170 |
Balance as of March 31 | $ 529 | $ 556 |