Contingencies and liabilities: can they be estimated? Are they probable to occur? What do you learn about your company in this area? How might cost issues including profitability relate to these topics for your company?

Comment on any liabilities and contingencies as presented on the financial statements and in the notes of the filing. How might these probable or possible cost issues impact the profitability of your manufacturing company?

https://www.sec.gov/Archives/edgar/data/53669/000005366916000087/jci201610-k.htm