{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/220/10/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"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.","topic":"220","topic_title":"Income Statement—Reporting Comprehensive Income","subtopic":"220-10","subtopic_title":"Overall","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Reporting Comprehensive Income","paragraphs":[{"citation":"220-10-45-1","para":"45-1","html":"
This Subtopic requires an entity to report comprehensive incomeeither in a single continuous financial statement or in two separate but consecutive financial statements.
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An entity reporting comprehensive income in a single continuous financial statement shall present its components in two sections, net income and other comprehensive income. If applicable, an entity shall present the following in that financial statement:
  1. a
    A total amount for net income together with the components that make up net income.
  2. b
    A total amount for other comprehensive income together with the components that make up other comprehensive income. As indicated in paragraph 220-10-15-3, an entity that has no items of other comprehensive income in any period presented is not required to report comprehensive income.
  3. c
    Total comprehensive income.
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An entity reporting comprehensive income in two separate but consecutive statements shall present the following:
  1. a
    Components of and the total for net income in the statement of net income
  2. b
    Components of and the total for other comprehensive income as well as a total for comprehensive income in the statement of comprehensive income, which shall be presented immediately after the statement of net income. A reporting entity shall begin the second statement with net income.
","snippet":"An entity reporting comprehensive income in two separate but consecutive statements shall present the following:\n(a) Components of and the total for net income in the statement of net income\n(b) Components of and the tot…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f6d7120db2eab939f407256b40537daf8558f58075c562e5d664786849923fcf","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-1C","para":"45-1C","html":"
An entity shall present, either in a single continuous statement of comprehensive income or in a statement of net income and statement of other comprehensive income, all items that meet the definition of comprehensive income for the period in which those items are recognized. Components included in other comprehensive income shall be classified based on their nature. For related guidance, see paragraphs
220-10-45-10A through 45-10B
.
","snippet":"An entity shall present, either in a single continuous statement of comprehensive income or in a statement of net income and statement of other comprehensive income, all items that meet the definition of comprehensive in…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9b8e78ec9ac7b0991202950a820bf5c45f5cec888f017417a2f3f470d692d50b","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-2","para":"45-2","html":"
Paragraph superseded by Accounting Standards Update No. 2011-05.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2011-05.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:97955aba99fb161dfc7eb5e579b2643f09e0426c7680792423beda08896a24c9","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-3","para":"45-3","html":"
Paragraph superseded by Accounting Standards Update No. 2011-05.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2011-05.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1416573be3a4728ce12bf3ff962e416f912c077c5631d9d85b5dbc34b2e40ec1","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-4","para":"45-4","html":"
This Subtopic does not require that an entity use the terms comprehensive income or other comprehensive income in its financial statements, even though those terms are used throughout this Subtopic.
","snippet":"This Subtopic does not require that an entity use the terms comprehensive income or other comprehensive income in its financial statements, even though those terms are used throughout this Subtopic.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9acfe21c610f86ca480e27371e59b6a903b72edaa6b56f427fe84c085c8e900a","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-5","para":"45-5","html":"
Paragraph 810-10-50-1A(a) states that, if an entity has an outstanding noncontrolling interest, amounts for both net income and comprehensive income attributable to the parent and net income and comprehensive income attributable to the noncontrolling interest in a less-than-wholly-owned subsidiary shall be reported in the financial statement(s) in which net income and comprehensive income are presented in addition to presenting consolidated net income and comprehensive income. For more guidance, see paragraph 810-10-50-1A(c).
","snippet":"Paragraph 810-10-50-1A(a) states that, if an entity has an outstanding noncontrolling interest, amounts for both net income and comprehensive income attributable to the parent and net income and comprehensive income attr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1ce13e06bf5d95c6f4d9e8ead31e8472e055106608383a9f4af981a618b96bb1","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-6","para":"45-6","html":"
Paragraph superseded by Accounting Standards Update No. 2011-05.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2011-05.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cd3e1d67087054442bbf25a9bd538f2e51b223d6b915991802fb420ec763363f","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-7","para":"45-7","html":"
Items included in net income are presented in various components. Those components can include items of income from continuing operations and discontinued operations. This Subtopic does not change those components or other requirements for reporting the results of operations included in net income.
","snippet":"Items included in net income are presented in various components. Those components can include items of income from continuing operations and discontinued operations. This Subtopic does not change those components or oth…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9f5d733189ad4968677b7b636c2499ea80e206502a37e5df1302f34a4519649e","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-7A","para":"45-7A","html":"
Net income shall reflect all items of profit and loss recognized during the period with the sole exception of error corrections as addressed in Topic 250. However, the requirement that net income be presented as one amount does not apply to the following entities that have developed income statements with formats different from those of the typical commercial entity:
  1. a
    Investment companies
  2. b
    Insurance entities
  3. c
    Certain not-for-profit entities (NFPs).
","snippet":"Net income shall reflect all items of profit and loss recognized during the period with the sole exception of error corrections as addressed in Topic 250. However, the requirement that net income be presented as one amou…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2150b98f8b7fb0d525e7d2d43b94c06cd95a57ef8409b5a018609559dd9c1363","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-8","para":"45-8","html":"
Paragraphs 220-10-45-8 through 45-10 superseded by Accounting Standards Update No. 2011-05.
","snippet":"Paragraphs 220-10-45-8 through 45-10 superseded by Accounting Standards Update No. 2011-05.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a2cd5d0f55b3fc8542bd6bfe38bdf63eb6620c6e65ae6d61a5ea2ecb10fb5c90","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-10A","para":"45-10A","html":"
Items of other comprehensive income include the following:
  1. a
    Foreign currency translation adjustments (see paragraph 830-30-45-12)
  2. b
    Gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity, commencing as of the designation date (see paragraph 830-20-35-3(a))
  3. c
    Gains and losses on intra-entity foreign currency transactions that are of a long-term-investment nature (that is, settlement is not planned or anticipated in the foreseeable future), when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting entity's financial statements (see paragraph 830-20-35-3(b))
  4. d
    Gains and losses on derivative instruments that are designated as, and qualify as, cash flow hedges (see paragraph 815-20-35-1(c))
  5. dd
    For derivatives that are designated in qualifying hedging relationships, the difference between changes in fair value of the excluded components and the initial value of the excluded components recognized in earnings under a systematic and rational method in accordance with paragraphs 815-20-25-83A and 815-35-35-5A
  6. e
    Unrealized holding gains and losses on available-for-sale debt securities (see paragraph 326-30-35-2)
  7. f
    Unrealized holding gains and losses that result from a debt security being transferred into the available-for-sale category from the held-to-maturity category (see paragraph 320-10-35-10(c))
  8. g
    Subparagraph superseded by Accounting Standards Update No. 2016-13.
  9. h
    Subparagraph superseded by Accounting Standards Update No. 2016-13.
  10. i
    Gains or losses associated with pension or other postretirement benefits (that are not recognized immediately as a component of net periodic benefit cost) (see paragraph 715-20-50-1(j))
  11. j
    Prior service costs or credits associated with pension or other postretirement benefits (see paragraph 715-20-50-1(j))
  12. k
    Transition assets or obligations associated with pension or other postretirement benefits (that are not recognized immediately as a component of net periodic benefit cost) (see paragraph 715-20-50-1(j)).
  13. l
    Changes in fair value attributable to instrument-specific credit risk of liabilities for which the fair value option is elected (see paragraph 825-10-45-5).
  14. m
    The effect of changes in the discount rates used to measure traditional and limited-payment long-duration insurance contracts (see paragraph 944-40-35-6A(b)(1)).
  15. n
    The effect of changes in the fair value of a market risk benefit attributable to a change in the instrument-specific credit risk (see paragraph 944-40-35-8A).
Additional classifications or additional items within current classifications may result from future accounting standards.
","snippet":"Items of other comprehensive income include the following:\n(a) Foreign currency translation adjustments (see paragraph 830-30-45-12)\n(b) Gains and losses on foreign currency transactions that are designated as, and are e…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:82b19a0722f902916aef36ff0113414f4e8013626548d48d311904f6759d370b","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-10B","para":"45-10B","html":"
None of the following items qualify as an item of comprehensive income:
  1. a
    Changes in equity during a period resulting from investments by owners and distributions to owners
  2. b
    Items required to be reported as direct adjustments to paid-in capital, retained earnings, or other nonincome equity accounts such as the following types of transactions:
    1. 1
      A reduction of shareholders' equity related to employee stock ownership plans (see paragraph 718-740-25-5)
    2. 2
      Recognition of tax benefits related to deductible temporary differences and carryforwards arising from a quasi-reorganization as defined in Subtopic 852-20 (see paragraph 852-740-45-3)
    3. 3
      Net cash settlement resulting from a change in value of a contract that gives the entity a choice of net cash settlement or settlement in its own shares (see paragraph 815-40-25-4(b)(2)).
","snippet":"None of the following items qualify as an item of comprehensive income:\n(a) Changes in equity during a period resulting from investments by owners and distributions to owners\n(b) Items required to be reported as direct a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:630aa57da552045e794ec0cba1bc36aa810a0474b01eea97920458b7443da3e8","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a899266d359706f8f1e9511c6e1d16dc8aad731fc76b0ac316d9b398bb3c54a8","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"block":null,"heading":"Presentation of Income Tax Effects","paragraphs":[{"citation":"220-10-45-11","para":"45-11","html":"
An entity shall present components of other comprehensive income in the statement in which other comprehensive income is reported either net of related tax effects or before related tax effects with one amount shown for the aggregate income tax expense or benefit related to the total of other comprehensive income items.
","snippet":"An entity shall present components of other comprehensive income in the statement in which other comprehensive income is reported either net of related tax effects or before related tax effects with one amount shown for …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d14a5bf36f2fa854f60e30b769c095595f56a2936acf86c029fae5f95c963cdb","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-12","para":"45-12","html":"
An entity shall present the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, in the statement in which those components are presented or disclose it in the notes to financial statements. Example 1 (see paragraphs 220-10-55-7 through 55-8B) illustrates the alternative formats for disclosing the tax effects related to the components of other comprehensive income. (See paragraph 220-10-50-4.)
","snippet":"An entity shall present the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, in the statement in which those components are presen…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d4142091a9a8efb16d460551edda3db1324619ad97693cde4e1585456f01c63e","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-12A","para":"45-12A","html":"
H.R.1, An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018 (Tax Cuts and Jobs Act), reduced the U.S. federal corporate income tax rate and made other changes to U.S. federal tax law. An entity may elect to reclassify the income tax effects of the Tax Cuts and Jobs Act on items within accumulated other comprehensive income to retained earnings. If an entity does not elect to reclassify the income tax effects of the Tax Cuts and Jobs Act, it shall provide the disclosures in paragraph 220-10-50-3. If an entity elects to reclassify the income tax effects of the Tax Cuts and Jobs Act, the amount of that reclassification shall include the following:
  1. a
    The effect of the change in the U.S. federal corporate income tax rate on the gross deferred tax amounts and related valuation allowances, if any, at the date of enactment of the Tax Cuts and Jobs Act related to items remaining in accumulated other comprehensive income. The effect of the change in the U.S. federal corporate income tax rate on gross valuation allowances that were originally charged to income from continuing operations shall not be included.
  2. b
    Other income tax effects of the Tax Cuts and Jobs Act on items remaining in accumulated other comprehensive income that an entity elects to reclassify, subject to the disclosures in paragraph 220-10-50-2(b).
","snippet":"H.R.1, An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018 (Tax Cuts and Jobs Act), reduced the U.S. federal corporate income tax rate and made…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d38e5d2d49ae34402c06e72dcd4be8a4fcb98ef7b6caa52c1fdee97de0ce0ee2","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-13","para":"45-13","html":"
Paragraph superseded by Accounting Standards Update No. 2011-05.
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The total of other comprehensive income for a period shall be transferred to a component of equity that is presented separately from retained earnings and additional paid-in capital in a statement of financial position at the end of an accounting period. A descriptive title such as accumulated other comprehensive income shall be used for that component of equity.
","snippet":"The total of other comprehensive income for a period shall be transferred to a component of equity that is presented separately from retained earnings and additional paid-in capital in a statement of financial position a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d900051f459088f76cf2e2e2c1ccd4e9355cb83e1f64d132bbce74509db7ea65","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-14A","para":"45-14A","html":"
An entity shall present, either on the face of the financial statements or as a separate disclosure in the notes, the changes in the accumulated balances for each component of other comprehensive income included in that separate component of equity, as required in paragraph 220-10-45-14. In addition to the presentation of changes in accumulated balances, an entity shall present separately for each component of other comprehensive income, current period reclassifications out of accumulated other comprehensive income and other amounts of current-period other comprehensive income. Both before-tax and net-of-tax presentations are permitted provided the entity complies with the requirements in paragraph 220-10-45-12. Paragraph 220-10-55-15 illustrates the disclosure of changes in accumulated balances for components of other comprehensive income as a separate disclosure in the notes to financial statements. (See paragraph 220-10-50-5.)
","snippet":"An entity shall present, either on the face of the financial statements or as a separate disclosure in the notes, the changes in the accumulated balances for each component of other comprehensive income included in that …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e1692ab4010ca5689e03ee0fb0476922befe21722134e6df1cef384e269935df","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e65c72dee780a6aa7648060a25e9c84331574f1f793a918b6e264f5a5df201a8","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"block":null,"heading":"Reclassification Adjustments","paragraphs":[{"citation":"220-10-45-15","para":"45-15","html":"
Reclassification adjustments shall be made to avoid double counting of items in comprehensive income that are presented as part of net income for a period that also had been presented as part of other comprehensive income in that period or earlier periods. For example, gains on investment securities that were realized and included in net income of the current period that also had been included in other comprehensive income as unrealized holding gains in the period in which they arose must be deducted through other comprehensive income of the period in which they are included in net income to avoid including them in comprehensive income twice (see paragraph 320-10-40-2). Example 3 (see paragraphs
220-10-55-18 through 55-27
) illustrates the presentation of reclassification adjustments in accordance with this paragraph.
","snippet":"Reclassification adjustments shall be made to avoid double counting of items in comprehensive income that are presented as part of net income for a period that also had been presented as part of other comprehensive incom…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c0a968d11afca0889a2926b27d5f649c6fe0a9212ea10e845b82551a74f3f909","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-16","para":"45-16","html":"
An entity shall determine reclassification adjustments for each component of other comprehensive income. The requirement for a reclassification adjustment for foreign currency translation adjustments is limited to translation gains and losses realized upon sale or upon complete or substantially complete liquidation of an investment in a foreign entity (see paragraphs 830-30-40-1 through 40-1A).
","snippet":"An entity shall determine reclassification adjustments for each component of other comprehensive income. The requirement for a reclassification adjustment for foreign currency translation adjustments is limited to transl…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:535a609b7215525d457c6bc3e5a79d4cc113c5ff9ad0725c85e18ddbe8a875e9","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-16A","para":"45-16A","html":"
Paragraph superseded by Accounting Standards Update No. 2016-13.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2016-13.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:32cc51d24e47202b09e571a3acbb0fcbe555365d7a65f96d72dd4a4fcf2c1cb0","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-17","para":"45-17","html":"
An entity shall separately provide information about the effects on net income of significant amounts reclassified out of each component of accumulated other comprehensive income if those amounts all are required under other Topics to be reclassified to net income in their entirety in the same reporting period. An entity shall provide this information together, in one location, in either of the following ways:
  1. a
    On the face of the statement where net income is presented
  2. b
    As a separate disclosure in the notes to financial statements.
Paragraph 220-10-45-17A describes the information requirements for presentation on the face of the statements where net income is presented, and paragraph 220-10-50-6 describes the information requirements for disclosure in the notes to financial statements.
","snippet":"An entity shall separately provide information about the effects on net income of significant amounts reclassified out of each component of accumulated other comprehensive income if those amounts all are required under o…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c433b2bef1e0247c00cf9388e48b3388833dca595d3a3649325b44baf72cae0c","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-17A","para":"45-17A","html":"
If an entity chooses to present information about the effects of significant amounts reclassified out of accumulated other comprehensive income on net income, on the face of the statement where net income is presented, the entity shall present parenthetically by component of other comprehensive income the effect of significant reclassification amounts on the respective line items of net income. An entity also shall present parenthetically the aggregate tax effect of all significant reclassifications on the line item for income tax benefit or expense in the statement where net income is presented. However, if an entity chooses to use a separate line item or items in the income statement to present significant pension cost components or other postretirement benefit cost components reclassified out of accumulated other comprehensive income, it shall no longer be required to present those pension cost components or other postretirement benefit cost components parenthetically. If an entity is unable to identify the line item of net income affected by any significant amount reclassified out of accumulated other comprehensive income in a reporting period (including when all reclassifications for the period are not to net income in their entirety), the entity must follow the guidance in paragraph 220-10-50-6. Paragraph 220-10-55-17F provides an example of presentation of the effect of reclassification on the face of the statement where net income is presented.
","snippet":"If an entity chooses to present information about the effects of significant amounts reclassified out of accumulated other comprehensive income on net income, on the face of the statement where net income is presented, t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:080390b13bb7d67caba75d44c2bd8ef4fe4379490201ebd67d4b953614d716b4","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-17B","para":"45-17B","html":"
Paragraph superseded by Accounting Standards Update No. 2020-10.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2020-10.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:30882a2f0edf715fca02043247b7634b985008615bba7b7e86da5219828e2f2a","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f074a93469480ab76b87aa4a1dd4e2ac326da01a257c51ffaba1ba1cffcd4b3a","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"block":null,"heading":"Interim-Period Reporting","paragraphs":[{"citation":"220-10-45-18","para":"45-18","html":"
Subtopic 270-10 clarifies the application of accounting principles and reporting practices to interim financial information, including interim financial statements and summarized interim financial data of publicly traded companies issued for external reporting purposes. An entity shall report a total for comprehensive income in condensed financial statements of interim periods in a single continuous statement or in two consecutive statements.
Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:
270-10-65-1Subtopic 270-10explains the application of accounting principles and reporting practices to interim financial statements and notes in accordance with generally accepted accounting principles. An entity shall report a total for comprehensive income in condensed statementsof interim periods in a single continuous statement or in two consecutive statements.
","snippet":"Subtopic 270-10 clarifies the application of accounting principles and reporting practices to interim financial information, including interim financial statements and summarized interim financial data of publicly traded…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:234fef22174ea00783c75b0b16347f01b7914e46f672ad5461244dae2a312148","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-18A","para":"45-18A","html":"
Publicly traded companies must meet the reporting requirements in this Subtopic at each reporting period. Companies shall follow the guidance in Subtopic 270-10 for the level of detail required for condensed financial statements for interim-period financial statements.
Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:
270-10-65-1Publicly traded companies must meet the reporting requirements in this Subtopic at each reporting period. All entities shall follow the guidance in Subtopic 270-10 for the level of detail required for condensed statements for interim-period financial statements.
","snippet":"Publicly traded companies must meet the reporting requirements in this Subtopic at each reporting period. Companies shall follow the guidance in Subtopic 270-10 for the level of detail required for condensed financial st…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5c4589ad9b285b6c5a79e46a633ad4d745890bb13c954f80973db767d38f212d","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},{"citation":"220-10-45-18B","para":"45-18B","html":"
Nonpublic entities must meet the reporting requirements in this Subtopic at each reporting period, except for the requirements in paragraphs 220-10-45-17 through 45-17B. Nonpublic entities are not required to meet the requirements in paragraphs 220-10-45-17 through 45-17B for interim reporting periods but are required to meet them for annual reporting periods.
","snippet":"Nonpublic entities must meet the reporting requirements in this Subtopic at each reporting period, except for the requirements in paragraphs 220-10-45-17 through 45-17B. Nonpublic entities are not required to meet the re…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b90df1e6b773d945282b24387bca72157c64f47d21e6fe8893b3ab3650879ca0","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:249cffb5f64a95b4f8a9bd1f3363caf88a061b2cde4f15d347dd6639787f8ef0","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8ffa7a3e2716c9b721e6d9e3fb43f06cea97e3a01d717d760e52583e85aa37bd","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8ffa7a3e2716c9b721e6d9e3fb43f06cea97e3a01d717d760e52583e85aa37bd","downloaded_from":"2026-09-09T23:03:33.072Z","last_downloaded_at":"2026-09-09T23:03:33.072Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482790","source_sha256":"02962784fe39378ec356db2ae2a53e771dadc9ca1d0ab818eab779c1405d9cd8"}}