(Reuters) -Honeywell said on Wednesday that it has divested all of its Bendix asbestos liabilities, as well as certain non-Bendix asbestos liabilities, to corporate liability acquisition platform Delticus. Honeywell inherited asbestos liabilities and lawsuits through its acquisitions of North American Refractories Company (NARCO) and Bendix Friction Materials. Bendix, which made automotive brake linings containing asbestos, was previously owned by Honeywell and was sold in 2014. While Honeywell set up the compensation trust with NARCO to resolve billions of dollars' worth of asbestos claims, it remained liable for many Bendix-related claims. Honeywell and Delticus contributed about $1.68 billion in cash, as well as certain insurance assets related to these legacy asbestos liabilities, to the newly established structure, the former said on Wednesday.