XML 32 R55.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONTINGENCIES (Tables)
12 Months Ended
Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Environmental Loss Contingencies by Site
Following are the components of the Superfund and non-Superfund environmental reserves (in millions):
 
 
Superfund Sites
 
Non-Superfund
Sites
 
Total
Balance at September 30, 2013
$
2

 
$
17

 
$
19

Payments
(1
)
 
(5
)
 
(6
)
Accruals
1

 
5

 
6

Balance at September 30, 2014
$
2

 
$
17

 
$
19

___________________
There were $2 million, $3 million, and $4 million of environmental remediation costs recognized in other operating expense in the consolidated statement of operations in fiscal years 2014, 2013 and 2012, respectively. In addition, $4 million, $5 million and $3 million of environmental remediation costs were recorded in loss from discontinued operations in the consolidated statement of operations for fiscal years 2014, 2013 and 2012, respectively.
Maremont Asbestos [Member]
 
Loss Contingencies [Line Items]  
Asbestos Related Reserves and Recoveries
 
Maremont’s asbestos-related reserves and corresponding asbestos-related recoveries are summarized as follows (in millions):
 
 
September 30,
 
2014
 
2013
Pending and future claims
$
73

 
$
73

Billed but unpaid claims
3

 
1

Asbestos-related liabilities
$
76

 
$
74

Asbestos-related insurance recoveries
49
 
58
Rockwell Asbestos [Member]
 
Loss Contingencies [Line Items]  
Asbestos Related Reserves and Recoveries
Rockwell legacy asbestos-related reserves and corresponding asbestos-related recoveries are summarized as follows (in millions):
 
 
September 30,
 
2014
 
2013
Pending and future claims
$
48

 
$
39

Billed but unpaid claims
2

 
1

Asbestos-related liabilities
$
50

 
$
40

Asbestos-related insurance recoveries
11

 
13