# ASC 210-20-50: Balance Sheet — Offsetting — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/210/20/#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): 2026-09-09T22:59:19.272Z to 2026-09-09T22:59:19.272Z Record version: sha256:dc5415a4bd3a8ce28aae3784b76989e02c2f09ac4fa76b98125ba13e333a6b86 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 210-20-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/210/20/#50-disclosure) SEC content: no #### Offsetting of Derivatives, Repurchase Agreements, and Securities Lending Transactions ##### [210-20-50-1](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1) Pending content: yes Source downloaded (UTC): 2026-09-09T22:59:19.272Z to 2026-09-09T22:59:19.272Z Record version: sha256:46467fd1d76c4fdd5689d6d132b8af952267426dbd10e9cc172a26efa2ee88f4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The disclosure requirements in paragraphs [210-20-50-2 through 50-5](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-2) apply to both of the following: 1. a [Subparagraph superseded by Accounting Standards Update No. 2013-01](https://asc.understandingaccounting.org/updates/asu-2013-01/). 2. b [Subparagraph superseded by Accounting Standards Update No. 2013-01](https://asc.understandingaccounting.org/updates/asu-2013-01/). 3. c Recognized [derivative instruments](https://asc.understandingaccounting.org/glossary/d/#derivative-instrument "Paragraphs 815-10-15-83815-10-15-84815-10-15-85815-10-15-86815-10-15-87815-10-15-88815-10-15-89815-10-15-90815-10-15-91815-10-15-92815-10-15-93815-10-15-94815-10-15-95815-10-15-96815-10-15-97815-10-15-98815-10-15-99815-10-15-100815-10-15-101815-10-15-102815-10-15-103815-10-15-104815-10-15-105815-10-15-106815-10-15-107815-10-15-108815-10-15-109815-10-15-110815-10-15-111815-10-15-112815-10-15-113815-10-15-114815-10-15-115815-10-15-116815-10-15-117815-10-15-118815-10-15-119815-10-15-120815-10-15-121815-10-15-122815-10-15-123815-10-15-124815-10-15-125815-10-15-126815-10-15-127815-10-15-128815-10-15-129815-10-15-130815-10-15-131815-10-15-132815-10-15-133815-10-15-134815-10-15-135815-10-15-136815-10-15-137815-10-15-138815-10-15-139 define the term derivative instrument.") accounted for in accordance with Topic 815, including bifurcated embedded derivatives, [repurchase agreements accounted for as collateralized borrowings](https://asc.understandingaccounting.org/glossary/r/#repurchase-agreement-accounted-for-as-a-collateralized-borrowing "A repurchase agreement (repo) refers to a transaction in which a seller-borrower of securities sells those securities to a buyer-lender with an agreement to repurchase them at a stated price plus interest at a specified date or in specified circumstances. A repurchase agreement accounted for as a collateralized borrowing is a repo that does not qualify for sale accounting under Topic 860. The payable under a repurchase agreement accounted for as a collateralized borrowing refers to the amount of the seller-borrower's obligation recognized for the future repurchase of the securities from the buyer-lender. In certain industries, the terminology is reversed; that is, entities in those industries refer to this type of agreement as a reverse repo.") and reverse repurchase agreements, and securities borrowing and securities lending transactions that are offset in accordance with either Section 210-20-45 or Section 815-10-45 4. d Recognized derivative instruments accounted for in accordance with Topic 815, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with either Section 210-20-45 or Section 815-10-45. 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 disclosure requirements in paragraphs [210-20-50-2 through 50-5](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-2) apply to both of the following in interim and annual reporting periods: 1. a [Subparagraph superseded by Accounting Standards Update No. 2013-01](https://asc.understandingaccounting.org/updates/asu-2013-01/). 2. b [Subparagraph superseded by Accounting Standards Update No. 2013-01](https://asc.understandingaccounting.org/updates/asu-2013-01/). 3. c Recognized [derivative instruments](https://asc.understandingaccounting.org/glossary/d/#derivative-instrument "Paragraphs 815-10-15-83815-10-15-84815-10-15-85815-10-15-86815-10-15-87815-10-15-88815-10-15-89815-10-15-90815-10-15-91815-10-15-92815-10-15-93815-10-15-94815-10-15-95815-10-15-96815-10-15-97815-10-15-98815-10-15-99815-10-15-100815-10-15-101815-10-15-102815-10-15-103815-10-15-104815-10-15-105815-10-15-106815-10-15-107815-10-15-108815-10-15-109815-10-15-110815-10-15-111815-10-15-112815-10-15-113815-10-15-114815-10-15-115815-10-15-116815-10-15-117815-10-15-118815-10-15-119815-10-15-120815-10-15-121815-10-15-122815-10-15-123815-10-15-124815-10-15-125815-10-15-126815-10-15-127815-10-15-128815-10-15-129815-10-15-130815-10-15-131815-10-15-132815-10-15-133815-10-15-134815-10-15-135815-10-15-136815-10-15-137815-10-15-138815-10-15-139 define the term derivative instrument.") accounted for in accordance with Topic 815, including bifurcated embedded derivatives, [repurchase agreements accounted for as collateralized borrowings](https://asc.understandingaccounting.org/glossary/r/#repurchase-agreement-accounted-for-as-a-collateralized-borrowing "A repurchase agreement (repo) refers to a transaction in which a seller-borrower of securities sells those securities to a buyer-lender with an agreement to repurchase them at a stated price plus interest at a specified date or in specified circumstances. A repurchase agreement accounted for as a collateralized borrowing is a repo that does not qualify for sale accounting under Topic 860. The payable under a repurchase agreement accounted for as a collateralized borrowing refers to the amount of the seller-borrower's obligation recognized for the future repurchase of the securities from the buyer-lender. In certain industries, the terminology is reversed; that is, entities in those industries refer to this type of agreement as a reverse repo.") and reverse repurchase agreements, and securities borrowing and securities lending transactions that are offset in accordance with either Section 210-20-45 or Section 815-10-45 4. d Recognized derivative instruments accounted for in accordance with Topic 815, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with either Section 210-20-45 or Section 815-10-45. ##### [210-20-50-2](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-2) Pending content: yes Source downloaded (UTC): 2026-09-09T22:59:19.272Z to 2026-09-09T22:59:19.272Z Record version: sha256:ec496821d0561ee9ba0c7ed5f56b530df1503c1d680ac3788031c530203d309a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall disclose information to enable users of its financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities within the scope of paragraph [210-20-50-1](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1). This includes the effect or potential effect of [rights of setoff](https://asc.understandingaccounting.org/glossary/r/#right-of-setoff "A right of setoff is a debtor's legal right, by contract or otherwise, to discharge all or a portion of the debt owed to another party by applying against the debt an amount that the other party owes to the debtor.") associated with an entity's recognized assets and recognized liabilities that are in the scope of paragraph [210-20-50-1](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1). 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 to enable users of its financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities within the scope of paragraph [210-20-50-1](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1). This includes the effect or potential effect of [rights of setoff](https://asc.understandingaccounting.org/glossary/r/#right-of-setoff "A right of setoff is a debtor's legal right, by contract or otherwise, to discharge all or a portion of the debt owed to another party by applying against the debt an amount that the other party owes to the debtor.") associated with an entity's recognized assets and recognized liabilities that are in the scope of paragraph [210-20-50-1](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1). ##### [210-20-50-3](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) Pending content: yes Source downloaded (UTC): 2026-09-09T22:59:19.272Z to 2026-09-09T22:59:19.272Z Record version: sha256:09871367a3d0877e0590a13d4200f8ec7aee3b3b42e113e5fa98d2f5840aa7cd Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. To meet the objective in paragraph [210-20-50-2](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-2), an entity shall disclose at the end of the reporting period the following quantitative information separately for assets and liabilities that are within the scope of paragraph [210-20-50-1](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1): 1. a The gross amounts of those recognized assets and those recognized liabilities 2. b The amounts offset in accordance with the guidance in Sections 210-20-45 and 815-10-45 to determine the net amounts presented in the statement of financial position 3. c The net amounts presented in the statement of financial position 4. d The amounts subject to an enforceable master netting arrangement or similar agreement not otherwise included in (b): 1. 1 The amounts related to recognized financial instruments and other derivative instruments that either: 1. i Management makes an accounting policy election not to offset. 2. ii Do not meet some or all of the guidance in either Section 210-20-45 or Section 815-10-45. 2. 2 The amounts related to financial collateral (including cash collateral). 5. e The net amount after deducting the amounts in (d) from the amounts in (c). 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)To meet the objective in paragraph [210-20-50-2](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-2), an entity shall disclose at the end of interim and annual reporting periods the following quantitative information separately for assets and liabilities that are within the scope of paragraph [210-20-50-1](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1): 1. a The gross amounts of those recognized assets and those recognized liabilities 2. b The amounts offset in accordance with the guidance in Sections 210-20-45 and 815-10-45 to determine the net amounts presented in the statement of financial position 3. c The net amounts presented in the statement of financial position 4. d The amounts subject to an enforceable master netting arrangement or similar agreement not otherwise included in (b): 1. 1 The amounts related to recognized financial instruments and other derivative instruments that either: 1. i Management makes an accounting policy election not to offset. 2. ii Do not meet some or all of the guidance in either Section 210-20-45 or Section 815-10-45. 2. 2 The amounts related to financial collateral (including cash collateral). 5. e The net amount after deducting the amounts in (d) from the amounts in (c). ##### [210-20-50-4](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-4) Pending content: yes Source downloaded (UTC): 2026-09-09T22:59:19.272Z to 2026-09-09T22:59:19.272Z Record version: sha256:3531349a779a35d6697c290bc7f919dd1e0bcb6e0f86017cf86cf8c8c72e305b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The information required by paragraph [210-20-50-3](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) shall be presented in a tabular format, separately for assets and liabilities, unless another format is more appropriate. The total amount disclosed in accordance with paragraph [210-20-50-3(d)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) for an instrument shall not exceed the amount disclosed in accordance with paragraph [210-20-50-3(c)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) for that instrument. 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 information required by paragraph [210-20-50-3](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) shall be presented in a tabular format, separately for assets and liabilities, unless another format is more appropriate. The total amount disclosed in accordance with paragraph [210-20-50-3(d)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) for an instrument shall not exceed the amount disclosed in accordance with paragraph [210-20-50-3(c)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) for that instrument. ##### [210-20-50-5](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-5) Pending content: yes Source downloaded (UTC): 2026-09-09T22:59:19.272Z to 2026-09-09T22:59:19.272Z Record version: sha256:55e1240608fda7ef5684ffce237f4a083389e2d9e21af23cfece7afd0a4f32e1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall provide a description of the rights of setoff associated with an entity's recognized assets and recognized liabilities subject to an enforceable master netting arrangement or similar agreement disclosed in accordance with paragraph [210-20-50-3(d)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3), including the nature of those rights. 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 provide a description of the rights of setoff associated with an entity's recognized assets and recognized liabilities subject to an enforceable master netting arrangement or similar agreement disclosed in accordance with paragraph [210-20-50-3(d)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3), including the nature of those rights. ##### [210-20-50-6](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-6) Pending content: no Source downloaded (UTC): 2026-09-09T22:59:19.272Z to 2026-09-09T22:59:19.272Z Record version: sha256:6682d184814168e7629cf2ddb352b50e39f120d79ebfa4ad74164a0c0d6046d4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If the information required by paragraphs [210-20-50-1 through 50-5](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1) is disclosed in more than a single note to the financial statements, an entity shall cross-reference between those notes.