v3.25.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jul. 04, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Loss Contingencies by Number of Claims
Asbestos-related claims activity since December 31 is as follows:
Six Months Ended
July 4, 2025June 28, 2024
(Number of claims)
Claims unresolved, beginning of period13,758 13,648 
Claims filed(1)
2,529 2,517 
Claims resolved(2)
(1,467)(1,447)
Claims unresolved, end of period14,820 14,718 
(1) Claims filed include all asbestos claims for which notification has been received or a file has been opened.
(2) Claims resolved include all asbestos claims that have been settled, dismissed or that are in the process of being settled or dismissed based upon agreements or understandings in place with counsel for the claimants.
Schedule of Asbestos Related Litigation
The Company’s Consolidated and Condensed Balance Sheets included the following amounts related to asbestos-related litigation:
July 4, 2025December 31, 2024
(In thousands)
Long-term asbestos insurance asset(1)
$214,306 $234,951 
Long-term asbestos insurance receivable(1)
18,072 16,691 
Accrued asbestos liability(2)
41,966 40,779 
Long-term asbestos liability(3)
231,075 253,287 
(1) Included in Other assets in the Consolidated and Condensed Balance Sheets.
(2) Represents current accruals for probable and reasonably estimable asbestos-related liability costs that the Company believes the subsidiaries will pay and unpaid legal costs related to defending themselves against asbestos-related liability claims and legal action against the Company’s insurers, which is included in Accrued liabilities in the Consolidated and Condensed Balance Sheets.
(3) Included in Other liabilities in the Consolidated and Condensed Balance Sheets.