{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/360/980/#05-overview-and-background","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":"360","topic_title":"Property, Plant, and Equipment","subtopic":"360-980","subtopic_title":"Regulated Operations","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"360-980-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic provides guidance for property, plant, and equipment for entities with regulated operations. <span class=\"sfragment\" id=\"sfr_455C994C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">It provides guidance for plant abandonments and disallowances of costs of recently completed plants, as well as for the capitalization of an <a href=\"/glossary/a/#allowance-for-funds-used-during-construction\" class=\"term\" title=\"The cost of financing construction as financed partially by borrowings and partially by equity, capitalized as part of the cost of plant and equipment pursuant to requirements of the regulator.\"><span>allowance for funds used during construction</span></a>. </span></span></div></div>","snippet":"This Subtopic provides guidance for property, plant, and equipment for entities with regulated operations. It provides guidance for plant abandonments and disallowances of costs of recently completed plants, as well as f…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:af21221b90d4b0a63b72b05f5f50217dbc62d378aa90cde2b70da59e84d1ed87","downloaded_from":"2026-09-10T00:13:03.015Z","last_downloaded_at":"2026-09-10T00:13:03.015Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477885","source_sha256":"648745f6ebbdae43adfaa7140442e6e2917cc464195dfd1c576482928425ec29"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fc468f9b3e7e0735218d13e2af93fb190ddec643bdcebcd8b28ecc288c676e4b","downloaded_from":"2026-09-10T00:13:03.015Z","last_downloaded_at":"2026-09-10T00:13:03.015Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477885","source_sha256":"648745f6ebbdae43adfaa7140442e6e2917cc464195dfd1c576482928425ec29"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:15cecd20958bd945c18ec13d3dd163cffb30cc0b6d162b0592ec88ac1374f2b6","downloaded_from":"2026-09-10T00:13:03.015Z","last_downloaded_at":"2026-09-10T00:13:03.015Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477885","source_sha256":"648745f6ebbdae43adfaa7140442e6e2917cc464195dfd1c576482928425ec29"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:15cecd20958bd945c18ec13d3dd163cffb30cc0b6d162b0592ec88ac1374f2b6","downloaded_from":"2026-09-10T00:13:03.015Z","last_downloaded_at":"2026-09-10T00:13:03.015Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477885","source_sha256":"648745f6ebbdae43adfaa7140442e6e2917cc464195dfd1c576482928425ec29"}}