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What changed 10-K
Item 3. Legal Proceedings
2022-02-22 compared with 2021-02-19 · 1 added, 1 removed, 22 unchanged (8% of the section changed)
11 unchanged sentences
The indemnity and defense costs of our asbestos-related product liability litigation to date have been substantially covered by insurance.
−Removed: As of December 31, 2020, our consolidated statements of financial position include $6.4 million of estimated asbestos-related expenses that exceed asbestos-related insurance coverage for all current and future indemnity and defense costs projected through 2064.
+Added: As of December 31, 2021, our consolidated statements of financial position include a $5.8 million net accrual of estimated asbestos-related expenses that exceed asbestos-related insurance coverage for all current and future indemnity and defense costs projected through 2064.
For additional information regarding our asbestos-related product liability litigation, refer to “Note 12 – Commitments and Contingencies” to “Item 8.
9 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.