Charge to increase Funding Liability from asbestos-related activities

No definition available.

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The amount of liability recorded by the company owing to the deconsolidation due to the funding agreement

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- Definition

QSF Funding

+ References

No definition available.

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- Definition

In connection with the Plan, Aldrich and Murray filed a motion with the Bankruptcy Court to create a $270.0 million trust intended to constitute a Qualified Settlement Fund (QSF Trust). The funds held in the QSF Trust would be available to provide funding for the Section 524(g) Trust upon effectiveness of the Plan. If approved by the Bankruptcy Court and other conditions are satisfied, the QSF Trust is expected to be funded prior to January 31, 2022. At this point in the Chapter 11 cases of Aldrich and Murray, it is not possible to predict whether the Bankruptcy Court will approve the terms of the Plan, what the extent of the asbestos liability will be or how long the Chapter 11 cases will last.

+ References

No definition available.

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- Definition

Total costs accrued as of the balance sheet date for environmental loss contingencies.

+ References

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- Definition

Amount paid to settle bankruptcy claim.

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- Definition

Amount of liability recognized arising from contingent consideration in a business combination.

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- Definition

Amount at end of the reporting period of the aggregate extended product warranty liability that is expected to be paid within one year of the balance sheet date or normal operating cycle, if longer. Does not include the balance for the standard product warranty liability.

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Amount as of the balance sheet date of the aggregate standard product warranty liability that is expected to be paid within one year or the normal operating cycle, if longer. Does not include the balance for the extended product warranty liability.

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Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions	Mar. 02, 2022	Sep. 24, 2021	Sep. 30, 2026	Mar. 02, 2026	Dec. 31, 2025	Aug. 26, 2021
Reserves for environmental matters			$ 51.8		$ 51.8
Total current standard product warranty reserve			221.0		207.7
Total current extended warranty liability			195.8		172.7
Charge to increase Funding Liability		$ 21.2
Qualified Settlement Fund		270.0
Bankruptcy Claims, Amount Paid to Settle Claims						$ 545.0
QSF Funding	$ 270.0
Liquidstack
Business Combination, Contingent Consideration, Liability			15.8	$ 60.6
Cash and Cash Equivalents [Member]
Bankruptcy Claims, Amount Paid to Settle Claims						540.0
Commercial Paper [Member]
Bankruptcy Claims, Amount Paid to Settle Claims						$ 5.0
Discontinued Operations [Member]
Reserves for environmental matters			$ 42.7		$ 41.6
Charge to increase Funding Liability		14.0
QSF Funding	178.2
Continuing Operations [Member]
Charge to increase Funding Liability		7.2
QSF Funding	$ 91.8
Asbestos [Member]
Liability from Deconsolidation		$ 270.0