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Environmental Liabilities
 3 Months Ended
Mar. 28, 2020
Environmental Remediation Obligations [Abstract]  
Environmental Liabilities Environmental Liabilities
An analysis of liabilities for the three months ended March 28, 2020 is as follows:
Balance, December 31, 2019
$
171,376

Increase in liabilities
45

Payments
(31
)
Foreign currency adjustments
(1,112
)
Balance, March 28, 2020
170,278

Less: Current portion
(11,200
)
Long-term environmental liabilities
$
159,078


In addition to the estimated liabilities, the Company is subject to the risk of reasonably possible additional liabilities in excess of the established reserves due to potential changes in circumstances and future events, including, without limitation, changes to current laws and regulations; changes in governmental agency personnel, direction, philosophy and/or enforcement policies; developments in remediation technologies; increases in the cost of remediation, operation, maintenance and monitoring of its environmental liability sites; changes in the volume, nature or extent of contamination to be remediated or monitoring to be undertaken; the outcome of negotiations with governmental agencies and non-governmental parties; and changes in accounting rules or interpretations. Based on information available as of March 28, 2020, the Company estimates this exposure could range up to approximately $75 million, although no assurances can be given that this amount will not be exceeded given the factors described above. These potential additional costs are attributable to several sites and other applicable liabilities. Further, this estimate excludes reasonably possible liabilities which are not currently estimable primarily due to the factors discussed above.
Subject to the previous paragraph, the Company believes established liabilities are sufficient for probable costs expected to be incurred over the next 20 years with respect to its environmental liabilities. However, no assurances are given they will be sufficient for the reasons described above, and additional liabilities could have a material adverse effect on the Company’s financial position, results of operations and cash flows.