The Travelers Companies, Inc.’s net environmental losses and loss expenses and reserves amounted to US$388 million at and for the six months ended June 30, 2011, compared with US$393 million at and for the six months ended June 30, 2010.
In…
Monsanto Company’s long-term portion of environmental and litigation liabilities amounted to US$183 million as of May 31, 2011, compared with US$188 million as of Aug. 31, 2010.
Monsanto Company provides agricultural products for farmers. Its seeds, biotechnology trait products, and herbicides…
Sears Holdings Corporation’s Orchard Supply Hardware subsidiary (OSH) has received a notice of violation from the California South Coast Air Quality Management District (SCAQMD).
The NOV alleges that OSH stores that are located in the SCAQMD jurisdiction sold architectural coating products…
Nortel Networks Corporation says that, as of March 31, 2011, the accruals on the unaudited condensed consolidated balance sheet for environmental matters were US$9 million.
Based on information available as of March 31, 2011, management believes that the existing accruals are…
Hertz Global Holdings, Inc. says the aggregate amounts accrued for environmental liabilities including liability for environmental indemnities, reflected in its condensed consolidated balance sheets in “Accrued liabilities” were US$1.5 million as of March 31, 2011 and US$1.6 million as of…
Rockwell Collins, Inc., as of March 31, 2011, is involved in the investigation or remediation of eight sites under environmental regulations or under lawsuits asserted by third parties.
Management estimates that the total reasonably possible future costs the Company could incur…
Raytheon Company’s total discounted environmental remediation costs were US$160 million as of April 3, 2011, compared with US$152 million as of Dec. 31, 2010.
The Company is involved in various stages of investigation and cleanup related to remediation of various environmental…
Nortel Networks Corporation says that, as of Dec. 31, 2010, the accruals on the consolidated balance sheet for environmental matters were US$9 million.
The Company has remedial activities under way at five sites that are either currently or previously owned.
Nortel Networks…
Rockwell Collins, Inc. has recorded environmental reserves for one site of US$3 million as of Dec. 31, 2010, which represents management’s best estimate of the probable future cost for this site.
As of Dec. 31, 2010, the Company is involved in…
Tyco International Ltd., as of Dec. 24, 2010, concluded that the best estimate for environmental remediation matters is about US$30 million, of which US$8 million is included in accrued and other current liabilities and US$22 million is included in other…