# ASC 205-20-50: Presentation of Financial Statements — Discontinued Operations — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/205/20/#50-disclosure) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:b4332a5b83d6241fa20c334e4530c61798fb4e8dad6ae31e69d035c8c03cc73a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 205-20-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/205/20/#50-disclosure) SEC content: no #### Disclosures Required for All Types of Discontinued Operations ##### [205-20-50-1](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-1) Pending content: yes Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:fd16b7ee9aa388c019774a7b66087df527e01302a9fe96f205c8679cc82b9195 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following shall be disclosed in the notes to financial statements that cover the period in which a discontinued operation either has been disposed of or is classified as held for sale under the requirements of paragraph [205-20-45-1E](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-1E): 1. a A description of both of the following: 1. 1 The facts and circumstances leading to the disposal or expected disposal 2. 2 The expected manner and timing of that disposal. 2. b If not separately presented on the face of the statement where net income is reported (or statement of activities for a not-for-profit entity) as part of discontinued operations (see paragraph [205-20-45-3B](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-3B)), the gain or loss recognized in accordance with paragraph [205-20-45-3C](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-3C). 3. c [Subparagraph superseded by Accounting Standards Update No. 2014-08](https://asc.understandingaccounting.org/updates/asu-2014-08/). 4. d If applicable, the segment(s) in which the discontinued operation is reported under Topic 280 on segment reporting. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, the following shall be disclosed in the notes to financial statements that cover the period in which a discontinued operation either has been disposed of or is classified as held for sale under the requirements of paragraph [205-20-45-1E](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-1E): 1. a A description of both of the following: 1. 1 The facts and circumstances leading to the disposal or expected disposal 2. 2 The expected manner and timing of that disposal. 2. b If not separately presented on the face of the statement where net income is reported (or statement of activities for a not-for-profit entity) as part of discontinued operations (see paragraph [205-20-45-3B](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-3B)), the gain or loss recognized in accordance with paragraph [205-20-45-3C](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-3C). 3. c [Subparagraph superseded by Accounting Standards Update No. 2014-08](https://asc.understandingaccounting.org/updates/asu-2014-08/). 4. d If applicable, the segment(s) in which the discontinued operation is reported under Topic 280 on segment reporting. ##### [205-20-50-2](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-2) Pending content: no Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:449341a866557730151388b1b7df57cbdcc9ac7fef9884f66eaa918be42bc8a9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-08](https://asc.understandingaccounting.org/updates/asu-2014-08/). #### Change to a Plan of Sale ##### [205-20-50-3](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-3) Pending content: yes Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:272428480ca0c3aaf5b1e8caf2901c3c260dbd5452c4ef20daddbbdfb02a4530 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity may change its plan of sale as addressed in paragraph [360-10-35-44](https://asc.understandingaccounting.org/asc/360/10/#360-10-35-44) or paragraph [360-10-35-45](https://asc.understandingaccounting.org/asc/360/10/#360-10-35-45). In the period in which the decision is made to change the plan for selling the discontinued operation, an entity shall disclose in the notes to financial statements a description of the facts and circumstances leading to the decision to change that plan and the change's effect on the results of operations for the period and any prior periods presented. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)An entity may change its plan of sale as addressed in paragraph [360-10-35-44](https://asc.understandingaccounting.org/asc/360/10/#360-10-35-44) or paragraph [360-10-35-45](https://asc.understandingaccounting.org/asc/360/10/#360-10-35-45). In the period in which the decision is made to change the plan for selling the discontinued operation, an entity shall disclose in the notes to interim and annual financial statements a description of the facts and circumstances leading to the decision to change that plan and the change's effect on the results of operations for the period and any prior periods presented. ##### [205-20-50-3A](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-3A) Pending content: yes Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:45063bf80b7bdd1bd3591de5c803392fbefc658c4897ff1919d595831a562022 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The nature and amount of adjustments to amounts previously reported in discontinued operations that are directly related to the disposal of a discontinued operation in a prior period shall be disclosed (see paragraph [205-20-45-5](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-5) for examples of circumstances in which those types of adjustments may arise). Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)The nature and amount of adjustments to amounts previously reported in discontinued operations that are directly related to the disposal of a discontinued operation in a prior period shall be disclosed in interim and annual reporting periods (see paragraph [205-20-45-5](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-5) for examples of circumstances in which those types of adjustments may arise). ##### [205-20-50-4](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-4) Pending content: no Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:3f738a6b569e279dfdbc8fe63c4c45e94f080a7b6796054ea47675d8d5514c81 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-08](https://asc.understandingaccounting.org/updates/asu-2014-08/). #### Continuing Involvement ##### [205-20-50-4A](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-4A) Pending content: yes Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:b4480c8ccf0b472f7a1792aa55038160c40b9492fe67a5328d7583759c67aa18 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall disclose information about its significant continuing involvement with a discontinued operation after the disposal date. Examples of continuing involvement with a discontinued operation after the disposal date include a supply and distribution agreement, a financial guarantee, an option to repurchase a discontinued operation, and an equity method investment in the discontinued operation. The disclosures are required until the results of operations of the discontinued operation in which an entity retains significant continuing involvement are no longer presented separately as discontinued operations in the statement where net income is reported (or statement of activities for a not-for-profit entity). Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, an entity shall disclose information about its significant continuing involvement with a discontinued operation after the disposal date. Examples of continuing involvement with a discontinued operation after the disposal date include a supply and distribution agreement, a financial guarantee, an option to repurchase a discontinued operation, and an equity method investment in the discontinued operation. The disclosures are required until the results of operations of the discontinued operation in which an entity retains significant continuing involvement are no longer presented separately as discontinued operations in the statement where net income is reported (or statement of activities for a not-for-profit entity). ##### [205-20-50-4B](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-4B) Pending content: yes Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:de5308017d10780164cd1b4d1ba08fc3c66cd489b022be57a5a95375edc1fa6b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall disclose the following in the notes to financial statements for each discontinued operation in which the entity retains significant continuing involvement after the disposal date: 1. a A description of the nature of the activities that give rise to the continuing involvement. 2. b The period of time during which the involvement is expected to continue. 3. c For all periods presented, both of the following: 1. 1 The amount of any cash inflows or outflows from or to the discontinued operation after the disposal transaction 2. 2 Revenues or expenses presented, if any, in continuing operations after the disposal transaction that before the disposal transaction were eliminated in consolidated financial statements as intra-entity transactions. 4. d For a discontinued operation in which an entity retains an equity method investment after the disposal (the investee), information that enables users of financial statements to compare the financial performance of the entity from period to period assuming that the entity held the same equity method investment in all periods presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). The disclosure shall include all of the following until the discontinued operation is no longer reported separately in discontinued operations: 1. 1 For each period presented in the statement where net income is reported (or statement of activities for a not-for-profit entity) after the period in which the discontinued operation was disposed of, the pretax income of the investee in which the entity retains an equity method investment 2. 2 The entity's ownership interest in the discontinued operation before the disposal transaction 3. 3 The entity's ownership interest in the investee after the disposal transaction 4. 4 The entity's share of the income or loss of the investee in the period(s) after the disposal transaction and the line item in the statement where net income is reported (or statement of activities for a not-for-profit entity) that includes the income or loss. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, an entity shall disclose the following in the notes to financial statements for each discontinued operation in which the entity retains significant continuing involvement after the disposal date: 1. a A description of the nature of the activities that give rise to the continuing involvement. 2. b The period of time during which the involvement is expected to continue. 3. c For all periods presented, both of the following: 1. 1 The amount of any cash inflows or outflows from or to the discontinued operation after the disposal transaction 2. 2 Revenues or expenses presented, if any, in continuing operations after the disposal transaction that before the disposal transaction were eliminated in consolidated financial statements as intra-entity transactions. 4. d For a discontinued operation in which an entity retains an equity method investment after the disposal (the investee), information that enables users of financial statements to compare the financial performance of the entity from period to period assuming that the entity held the same equity method investment in all periods presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). The disclosure shall include all of the following until the discontinued operation is no longer reported separately in discontinued operations: 1. 1 For each period presented in the statement where net income is reported (or statement of activities for a not-for-profit entity) after the period in which the discontinued operation was disposed of, the pretax income of the investee in which the entity retains an equity method investment 2. 2 The entity's ownership interest in the discontinued operation before the disposal transaction 3. 3 The entity's ownership interest in the investee after the disposal transaction 4. 4 The entity's share of the income or loss of the investee in the period(s) after the disposal transaction and the line item in the statement where net income is reported (or statement of activities for a not-for-profit entity) that includes the income or loss. ##### [205-20-50-5](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5) Pending content: no Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:c4aef12c9eabdd1adaaa60e4f9af9b2b0ecb28e24d125e02d8d3763bc478d45a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-08](https://asc.understandingaccounting.org/updates/asu-2014-08/). #### Disclosures Required for a Discontinued Operation Comprising a Component or Group of Components of an Entity ##### [205-20-50-5A](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5A) Pending content: no Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:2cdd6336765118cc10d1bbbae7c39d93185d05a6348583e14e6455cc4584db60 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraphs [205-20-50-5B through 50-5D](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5B) provide disclosures required for discontinued operations that meet the criteria in paragraphs [205-20-45-1B through 45-1C](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-1B) except for a discontinued operation that was an equity method investment before the disposal. For disclosures required for discontinued operations that were equity method investments before the disposal, see paragraph [205-20-50-7](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-7). ##### [205-20-50-5B](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5B) Pending content: yes Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:566b8ee1e4b18418419a2f83ec6bc28fdcf76619f6d0f6434a8908b02b72b572 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall disclose, to the extent not presented on the face of the financial statements as part of discontinued operations, all of the following in the notes to financial statements: 1. a The pretax profit or loss (or change in net assets for a not-for-profit entity) of the discontinued operation for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). 2. b The major classes of line items constituting the pretax profit or loss (or change in net assets for a not-for-profit entity) of the discontinued operation (for example, revenue, cost of sales, depreciation and amortization, and interest expense) for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). 3. c Either of the following: 1. 1 The total operating and investing cash flows of the discontinued operation for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity) 2. 2 The depreciation, amortization, capital expenditures, and significant operating and investing noncash items of the discontinued operation for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). 4. d If the discontinued operation includes a noncontrolling interest, the pretax profit or loss (or change in net assets for a not-for-profit entity) attributable to the parent for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). 5. e The carrying amount(s) of the major classes of assets and liabilities included as part of a discontinued operation classified as held for sale for the period in which the discontinued operation is classified as held for sale and all prior periods presented in the statement of financial position. Any loss recognized on the discontinued operation classified as held for sale in accordance with paragraphs [205-20-45-3B through 45-3C](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-3B) shall not be allocated to the major classes of assets and liabilities of the discontinued operation. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, an entity shall disclose, to the extent not presented on the face of the financial statements as part of discontinued operations, all of the following in the notes to financial statements: 1. a The pretax profit or loss (or change in net assets for a not-for-profit entity) of the discontinued operation for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). 2. b The major classes of line items constituting the pretax profit or loss (or change in net assets for a not-for-profit entity) of the discontinued operation (for example, revenue, cost of sales, depreciation and amortization, and interest expense) for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). 3. c Either of the following: 1. 1 The total operating and investing cash flows of the discontinued operation for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity) 2. 2 The depreciation, amortization, capital expenditures, and significant operating and investing noncash items of the discontinued operation for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). 4. d If the discontinued operation includes a noncontrolling interest, the pretax profit or loss (or change in net assets for a not-for-profit entity) attributable to the parent for the periods in which the results of operations of the discontinued operation are presented in the statement where net income is reported (or statement of activities for a not-for-profit entity). 5. e The carrying amount(s) of the major classes of assets and liabilities included as part of a discontinued operation classified as held for sale for the period in which the discontinued operation is classified as held for sale and all prior periods presented in the statement of financial position. Any loss recognized on the discontinued operation classified as held for sale in accordance with paragraphs [205-20-45-3B through 45-3C](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-3B) shall not be allocated to the major classes of assets and liabilities of the discontinued operation. ##### [205-20-50-5C](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5C) Pending content: yes Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:15abe117ee4ef46228c48d013b9a406e91736b3e21cd05a13ea258a635a01304 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If an entity provides the disclosures required by paragraph [205-20-50-5B(a), (b), and (e)](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5B) in the notes to financial statements, the entity shall disclose the following: 1. a For the initial period in which the [disposal group](https://asc.understandingaccounting.org/glossary/d/#disposal-group "A disposal group for a long-lived asset or assets to be disposed of by sale or otherwise represents assets to be disposed of together as a group in a single transaction and liabilities directly associated with those assets that will be transferred in the transaction. A disposal group may include a discontinued operation along with other assets and liabilities that are not part of the discontinued operation.") is classified as held for sale and for all prior periods presented in the statement of financial position, a reconciliation of both of the following: 1. 1 The amounts disclosed in paragraph [205-20-50-5B(e)](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5B) 2. 2 Total assets and total liabilities of the disposal group classified as held for sale that are presented separately on the face of the statement of financial position. If the disposal group includes assets and liabilities that are not part of the discontinued operation, an entity shall present those assets and liabilities in line items in the reconciliations that are separate from the assets and liabilities of the discontinued operation (see paragraph [205-20-55-102](https://asc.understandingaccounting.org/asc/205/20/#205-20-55-102) for an Example). 2. b For the periods in which the results of operations of the discontinued operation are reported in the statement where net income is reported (or statement of activities for a not-for-profit entity), a reconciliation of both of the following: 1. 1 The amounts disclosed in paragraph [205-20-50-5B(a) and (b)](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5B) 2. 2 The after-tax profit or loss from discontinued operations presented on the face of the statement where net income is reported (or statement of activities for a not-for-profit entity) (see paragraph [205-20-55-103](https://asc.understandingaccounting.org/asc/205/20/#205-20-55-103) for an Example). Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)If an entity provides the disclosures required by paragraph [205-20-50-5B(a), (b), and (e)](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5B) in the notes to financial statements, the entity shall disclose the following in interim and annual reporting periods: 1. a For the initial period in which the [disposal group](https://asc.understandingaccounting.org/glossary/d/#disposal-group "A disposal group for a long-lived asset or assets to be disposed of by sale or otherwise represents assets to be disposed of together as a group in a single transaction and liabilities directly associated with those assets that will be transferred in the transaction. A disposal group may include a discontinued operation along with other assets and liabilities that are not part of the discontinued operation.") is classified as held for sale and for all prior periods presented in the statement of financial position, a reconciliation of both of the following: 1. 1 The amounts disclosed in paragraph [205-20-50-5B(e)](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5B) 2. 2 Total assets and total liabilities of the disposal group classified as held for sale that are presented separately on the face of the statement of financial position. If the disposal group includes assets and liabilities that are not part of the discontinued operation, an entity shall present those assets and liabilities in line items in the reconciliations that are separate from the assets and liabilities of the discontinued operation (see paragraph [205-20-55-102](https://asc.understandingaccounting.org/asc/205/20/#205-20-55-102) for an Example). 2. b For the periods in which the results of operations of the discontinued operation are reported in the statement where net income is reported (or statement of activities for a not-for-profit entity), a reconciliation of both of the following: 1. 1 The amounts disclosed in paragraph [205-20-50-5B(a) and (b)](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5B) 2. 2 The after-tax profit or loss from discontinued operations presented on the face of the statement where net income is reported (or statement of activities for a not-for-profit entity) (see paragraph [205-20-55-103](https://asc.understandingaccounting.org/asc/205/20/#205-20-55-103) for an Example). ##### [205-20-50-5D](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5D) Pending content: yes Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:98e509b7ba200eeeac812dda007973d1b2167f5851cf369434cfaaafd653c5a0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For purposes of the reconciliation in paragraph [205-20-50-5C(a) or (b)](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5C), an entity may aggregate the amounts that are not considered major and present them as one line item in the reconciliation. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For purposes of the reconciliation in paragraph [205-20-50-5C(a) or (b)](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-5C), an entity may aggregate the amounts that are not considered major and present them as one line item in the reconciliation in interim and annual reporting periods. ##### [205-20-50-6](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-6) Pending content: no Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:587a8da37da03ef757dd647f794598c8507b6cfe8b131ca9c7dbf89894a56525 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-08](https://asc.understandingaccounting.org/updates/asu-2014-08/). #### Disclosures Required for a Discontinued Operation Comprising an Equity Method Investment ##### [205-20-50-7](https://asc.understandingaccounting.org/asc/205/20/#205-20-50-7) Pending content: yes Source downloaded (UTC): 2026-09-09T22:53:03.747Z to 2026-09-09T22:53:03.747Z Record version: sha256:6d873ec068ed4b02d16d037890830bef0f3498cd6105457b8fc2fff897792e92 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For an equity method investment that meets the criteria in paragraphs [205-20-45-1B through 45-1C](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-1B) , an entity shall disclose summarized information about the assets, liabilities, and results of operations of the investee if that information was disclosed in financial reporting periods before the disposal in accordance with paragraph [323-10-50-3(c)](https://asc.understandingaccounting.org/asc/323/10/#323-10-50-3). Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For an equity method investment that meets the criteria in paragraphs [205-20-45-1B through 45-1C](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-1B) , an entity shall disclose summarized information about the assets, liabilities, and results of operations of the investee in interim and annual reporting periods if that information was disclosed in financial reporting periods before the disposal in accordance with paragraph [323-10-50-3(c)](https://asc.understandingaccounting.org/asc/323/10/#323-10-50-3).