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Litigation, Claims and Contingencies (Tables)
 3 Months Ended
Dec. 31, 2018
Loss Contingencies [Line Items]  
Reconciliation of Changes in Environmental Contingencies and Asset Retirement Obligations Reserve

The following table provides a reconciliation of the changes in the environmental remediation reserves during the three months ended December 31, 2018 and 2017.

 

Three months ended

 

 

December 31

 

(In millions)

2018

 

 

2017

 

Reserve - beginning of period

$

187

 

 

$

163

 

Disbursements

 

(6

)

 

 

(8

)

Revised obligation estimates and accretion

 

3

 

 

 

13

 

Reserve - end of period

$

184

 

 

$

168

 
Components of Environmental Remediation Expense

Components of environmental remediation expense included within the selling, general and administrative expense caption of the Statements of Consolidated Comprehensive Income (Loss) are presented in the following table for the three months ended December 31, 2018 and 2017.

 

 

Three months ended

 

 

December 31

 

(In millions)

2018

 

 

2017

 

Environmental expense

$

3

 

 

$

12

 

Accretion

 

—

 

 

 

1

 

Legal expense

 

1

 

 

 

1

 

Total expense

 

4

 

 

 

14

 

 

 

 

 

 

 

 

 

Insurance receivable (a)

 

(1

)

 

 

—

 

Total expense, net of receivable activity

$

3

 

 

$

14

 

 

 

 

 

 

 

 

 

 

(a)

Activity of $0 denotes value less than $1 million.

 
Ashland [Member]  
Loss Contingencies [Line Items]  
Summary of Asbestos Claims Activity A summary of Ashland asbestos claims activity, excluding Hercules claims, follows.

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31

 

 

Years ended September 30

 

(In thousands)

2018

 

 

2017

 

 

2018

 

 

2017

 

 

2016

 

Open claims - beginning of year

 

53

 

 

 

54

 

 

 

54

 

 

 

57

 

 

 

60

 

New claims filed

 

1

 

 

 

1

 

 

 

2

 

 

 

2

 

 

 

2

 

Claims settled

 

(1

)

 

 

—

 

 

 

(1

)

 

 

(1

)

 

 

—

 

Claims dismissed

 

—

 

 

 

(1

)

 

 

(2

)

 

 

(4

)

 

 

(5

)

Open claims - end of period

 

53

 

 

 

54

 

 

 

53

 

 

 

54

 

 

 

57

 

 
Progression of Activity in Asbestos Reserve Accounts

A progression of activity in the asbestos reserve is presented in the following table.

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31

 

 

Years ended September 30

 

(In millions)

2018

 

 

2017

 

 

2018

 

 

2017

 

 

2016

 

Asbestos reserve - beginning of year

$

380

 

 

$

419

 

 

$

419

 

 

$

415

 

 

$

409

 

Reserve adjustment

 

—

 

 

 

—

 

 

 

(8

)

 

 

36

 

 

 

37

 

Amounts paid

 

(11

)

 

 

(10

)

 

 

(31

)

 

 

(32

)

 

 

(31

)

Asbestos reserve - end of period (a)

$

369

 

 

$

409

 

 

$

380

 

 

$

419

 

 

$

415

 

 

 

(a)

Included $31 million and $30 million classified in accrued expenses and other liabilities on the Condensed Consolidated Balance Sheets as of December 31, 2018 and September 30, 2018, respectively.

 
Progression of Insurance Receivable

A progression of activity in the Ashland insurance receivable is presented in the following table.

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31

 

 

Years ended September 30

 

(In millions)

2018

 

 

2017

 

 

2018

 

 

2017

 

 

2016

 

Insurance receivable - beginning of year

$

140

 

 

$

155

 

 

$

155

 

 

$

151

 

 

$

150

 

Receivable adjustment

 

—

 

 

 

—

 

 

 

(5

)

 

 

15

 

 

 

16

 

Insurance settlement

 

—

 

 

 

—

 

 

 

—

 

 

 

(5

)

 

 

(4

)

Amounts collected

 

(1

)

 

 

(4

)

 

 

(10

)

 

 

(6

)

 

 

(11

)

Insurance receivable - end of period (a)

$

139

 

 

$

151

 

 

$

140

 

 

$

155

 

 

$

151

 

 

Included $15 million classified in accounts receivable on the Condensed Consolidated Balance Sheets as of both December 31, 2018 and September 30, 2018
Hercules [Member]  
Loss Contingencies [Line Items]  
Summary of Asbestos Claims Activity A summary of Hercules’ asbestos claims activity follows.

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31

 

 

Years ended September 30

 

(In thousands)

2018

 

 

2017

 

 

2018

 

 

2017

 

 

2016

 

Open claims - beginning of year

 

13

 

 

 

12

 

 

 

12

 

 

 

15

 

 

 

20

 

New claims filed

 

—

 

 

 

—

 

 

 

2

 

 

 

1

 

 

 

1

 

Claims dismissed

 

(1

)

 

 

—

 

 

 

(1

)

 

 

(4

)

 

 

(6

)

Open claims - end of period

 

12

 

 

 

12

 

 

 

13

 

 

 

12

 

 

 

15

 

 
Progression of Activity in Asbestos Reserve Accounts

A progression of activity in the asbestos reserve is presented in the following table.

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31

 

 

Years ended September 30

 

(In millions)

2018

 

 

2017

 

 

2018

 

 

2017

 

 

2016

 

Asbestos reserve - beginning of year

$

282

 

 

$

323

 

 

$

323

 

 

$

321

 

 

$

311

 

Reserve adjustments

 

—

 

 

 

—

 

 

 

(19

)

 

 

16

 

 

 

25

 

Amounts paid

 

(6

)

 

 

(8

)

 

 

(22

)

 

 

(14

)

 

 

(15

)

Asbestos reserve - end of period (a)

$

276

 

 

$

315

 

 

$

282

 

 

$

323

 

 

$

321

 

 

 

(a)

Included $20 million classified in accrued expenses and other liabilities on the Condensed Consolidated Balance Sheets as of both December 31, 2018 and September 30, 2018.

 
Progression of Insurance Receivable

A progression of activity in the Hercules insurance receivable is presented in the following table.

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31

 

 

Years ended September 30

 

(In millions)

2018

 

 

2017

 

 

2018

 

 

2017

 

 

2016

 

Insurance receivable - beginning of year

$

54

 

 

$

68

 

 

$

68

 

 

$

63

 

 

$

56

 

Receivable adjustment

 

—

 

 

 

—

 

 

 

(14

)

 

 

5

 

 

 

7

 

Insurance receivable - end of period

$

54

 

 

$

68

 

 

$

54

 

 

$

68

 

 

$

63