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Borden has a $26 million liability on its 2000 balance sheet for probable environmental remediation and restoration. But the company says actual remediation and restoration

Borden has a $26 million liability on its 2000 balance sheet for "probable environmental remediation and restoration." But the company says actual remediation and restoration costs could be up to $16 million more than this amount. 


Why doesn't Borden's balance sheet liability include the additional $16 million?

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