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COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2015
Commitments And Contingencies [Abstract]  
Loss Contingency
December 31, 2014$591
Accruals for environmental matters deemed
probable and reasonably estimable144
Environmental liability payments(160)
September 30, 2015$575
Environmental liabilities are included in the following balance sheet accounts:
Environmental liabilities are included in the following balance sheet accounts:
September 30, December 31,
20152014
Accrued liabilities$258$278
Other liabilities317313
$575$591
Asbestos Related Liabilities
Asbestos Related Liabilities
BendixNARCOTotal
December 31, 2014$623$929$1,552
Accrual for update to estimated liability1453148
Asbestos related liability payments(140)(10)(150)
September 30, 2015$628$922$1,550
Insurance Recoveries for Asbestos Related Liabilities
Insurance Recoveries for Asbestos Related Liabilities
BendixNARCOTotal
December 31, 2014$135$350$485
Probable insurance recoveries related to
estimated liability14-14
Insurance receivables settlements134
Insurance receipts for asbestos related liabilities(33)(25)(58)
September 30, 2015$117$328$445
NARCO and Bendix asbestos related balances are included in the following balance sheet accounts
NARCO and Bendix asbestos related balances are included in the following balance sheet accounts:
September 30, December 31,
20152014
Other current assets$31$31
Insurance recoveries for asbestos related liabilities 414454
$445$485
Accrued liabilities$352$352
Asbestos related liabilities1,1981,200
$1,550$1,552
The following tables present information regarding Bendix related asbestos claims activity
Nine Months EndedYears Ended
September 30, December 31,
Claims Activity201520142013
Claims Unresolved at the beginning of period9,26712,30223,141
Claims Filed 2,0983,6944,527
Claims Resolved (a)(1,855)(6,729)(15,366)
Claims Unresolved at the end of period9,5109,26712,302
(a) Claims resolved in 2014 include 2,110 cancer claims which were determined to have no value. Also, claims resolved in 2014 and 2013 included significantly aged (i.e., pending for more than six years) claims totaling 1,266 and 12,250, respectively, of which 82% and 92%, respectively, were non-malignant.
Disease distribution of claims
Disease Distribution of Unresolved ClaimsSeptember 30, December 31,
201520142013
Mesothelioma and Other Cancer Claims3,9333,9335,810
Nonmalignant Claims5,5775,3346,492
Total Claims9,5109,26712,302
Average resolution values per asbestos claim
Honeywell has experienced average resolution values per claim excluding legal costs as follows:
     Years Ended December 31,     
20142013201220112010
(in whole dollars)
Malignant claims$53,500$51,000$49,000$48,000$54,000
Nonmalignant claims$120$850$1,400$1,000$1,300