{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/410/20/#55-implementation-guidance-and-illustrations","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":"410","topic_title":"Asset Retirement and Environmental Obligations","subtopic":"410-20","subtopic_title":"Asset Retirement Obligations","section":{"number":"55","label":"55 Implementation Guidance and Illustrations","anchor":"55-implementation-guidance-and-illustrations","is_sec":false,"groups":[{"block":null,"heading":"Implementation Guidance","paragraphs":[{"citation":"410-20-55-1","para":"55-1","html":"
This implementation guidance illustrates Section 410-20-15. In most cases involving an asset retirement obligation, the determination of whether a legal obligation exists should be unambiguous. However, in situations in which no law, statute, ordinance, or contract exists but an entity makes a promise to a third party (which may include the public at large) about its intention to perform retirement activities, facts and circumstances need to be considered carefully in determining whether that promise has imposed a legal obligation upon the promisor under the doctrine of promissory estoppel. A legal obligation may exist even though no party has taken any formal action. In assessing whether a legal obligation exists, an entity is not permitted to forecast changes in the law or changes in the interpretation of existing laws and regulations. Preparers and their legal advisors are required to evaluate current circumstances to determine whether a legal obligation exists.
","snippet":"This implementation guidance illustrates Section 410-20-15. In most cases involving an asset retirement obligation, the determination of whether a legal obligation exists should be unambiguous. However, in situations in …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8edf6493b5df06b2c216e404079ee81291d1e20719719787eb66cc9b62471f2a","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-2","para":"55-2","html":"
For example, assume an entity operates a manufacturing facility and has plans to retire it within five years. Members of the local press have begun to publicize the fact that when the entity ceases operations at the plant, it plans to abandon the site without demolishing the building and restoring the underlying land. Due to the significant negative publicity and demands by the public that the entity commit to dismantling the plant upon retirement, the entity's chief executive officer holds a press conference at city hall to announce that the entity will demolish the building and restore the underlying land when the entity ceases operations at the plant. Although no law, statute, ordinance, or written contract exists requiring the entity to perform any demolition or restoration activities, the promise made by the entity's chief executive officer may have created a legal obligation under the doctrine of promissory estoppel. In that circumstance, the entity's management (and legal counsel, if necessary) would have to evaluate the particular facts and circumstances to determine whether a legal obligation exists.
","snippet":"For example, assume an entity operates a manufacturing facility and has plans to retire it within five years. Members of the local press have begun to publicize the fact that when the entity ceases operations at the plan…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:021bc5ded64fe8a8b06068f65c185bbde6781622ac2599b82c3d64c7a3931be2","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-3","para":"55-3","html":"
Once an entity determines that a duty or responsibility exists, it will then need to assess whether an obligating event has occurred that leaves it little or no discretion to avoid the future transfer or use of assets. If such an obligating event has occurred, an asset retirement obligation meets the definition of a liability and qualifies for recognition in the financial statements. However, if an obligating event that leaves an entity little or no discretion to avoid the future transfer or use of assets has not occurred, an asset retirement obligation does not meet the definition of a liability and, therefore, should not be recognized in the financial statements.
","snippet":"Once an entity determines that a duty or responsibility exists, it will then need to assess whether an obligating event has occurred that leaves it little or no discretion to avoid the future transfer or use of assets. I…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bf08c4f4b3dc25278b508cec86b58e1d5c55d35df79dfedc39e4013b1204980d","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-4","para":"55-4","html":"
Identifying the obligating event is often difficult, especially in situations that involve the occurrence of a series of transactions or other events or circumstances affecting the entity. For example, in the case of an asset retirement obligation, a law or an entity's promise may create a duty or responsibility, but that law or promise in and of itself may not be the obligating event that results in an entity's having little or no discretion to avoid a future transfer or use of assets. An entity must look to the nature of the duty or responsibility to assess whether the obligating event has occurred. For example, in the case of a nuclear power facility, an entity assumes responsibility for decontamination of that facility upon receipt of the license to operate it. However, no obligation to decontaminate exists until the facility is operated and contamination occurs. Therefore, the contamination, not the receipt of the license, constitutes the obligating event.
","snippet":"Identifying the obligating event is often difficult, especially in situations that involve the occurrence of a series of transactions or other events or circumstances affecting the entity. For example, in the case of an …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6fa0b907e281a2a6b62608fbacc6e4c7a71ae66159deb3cdaa6638c9b2e6d5db","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-5","para":"55-5","html":"
This implementation guidance illustrates Section 410-20-15. Contracts between entities may contain an option or a provision that requires one party to the contract to perform retirement activities when an asset is retired. The other party may decide in the future not to exercise the option or to waive the provision to perform retirement activities, or that party may have a history of waiving similar provisions in other contracts. Even if there is an expectation of a waiver or nonenforcement, the contract still imposes a legal obligation. That obligation is included in the scope of this Subtopic. The likelihood of a waiver or nonenforcement will affect the measurement of the liability. For example, consider an entity that owns and operates a landfill. Regulations require that that entity perform capping, closure, and postclosure activities. Capping activities involve covering the land with topsoil and planting vegetation. Closure activities include drainage, engineering, and demolition and must be performed prior to commencing the postclosure activities. Postclosure activities, the final retirement activities, include maintaining the landfill once final certification of closure has been received and monitoring the ground and surface water, gas emissions, and air quality. Closure and postclosure activities are performed after the entire landfill ceases receiving waste (that is, after the landfill is retired). However, capping activities are performed as sections of the landfill become full and are effectively retired. The fact that some of the capping activities are performed while the landfill continues to accept waste does not remove the obligation to perform those intermediate capping activities from the scope of this Subtopic.
","snippet":"This implementation guidance illustrates Section 410-20-15. Contracts between entities may contain an option or a provision that requires one party to the contract to perform retirement activities when an asset is retire…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d5ba3a735746f9fe6c09c2f8a3ae99f6ea51e803634aa41abefa8196220f9f3a","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-6","para":"55-6","html":"
This implementation guidance illustrates Section 410-20-15. Whether an obligation results from the acquisition, construction, or development of a long-lived asset should, in most circumstances, be clear. For example, if an entity acquires a landfill that is already in operation, an obligation to perform capping, closure, and postclosure activities results from the acquisition and assumption of obligations related to past normal operations of the landfill. Additional obligations will be incurred as a result of future operations of the landfill.
","snippet":"This implementation guidance illustrates Section 410-20-15. Whether an obligation results from the acquisition, construction, or development of a long-lived asset should, in most circumstances, be clear. For example, if …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:206bb1d3c38dc59f70f2f9947e8bdefe194ffe2351a6ba283930f3e7a45495c0","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-7","para":"55-7","html":"
This implementation guidance illustrates Section 410-20-15. Whether an obligation results from the normal operation of a long-lived asset may require judgment. Obligations that result from the normal operation of an asset should be predictable and likely of occurring. For example, consider an entity that owns and operates a nuclear power plant. That entity has a legal obligation to perform decontamination activities when the plant ceases operations. Contamination, which gives rise to the obligation, is predictable and likely of occurring and is unavoidable as a result of operating the plant. Therefore, the obligation to perform decontamination activities at that plant results from the normal operation of the plant.
","snippet":"This implementation guidance illustrates Section 410-20-15. Whether an obligation results from the normal operation of a long-lived asset may require judgment. Obligations that result from the normal operation of an asse…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:80756c48b6d672d416bdee1df77306a872f995b714d0b30f21f717df71e4b3e0","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-8","para":"55-8","html":"
For example, a certain amount of spillage may be inherent in the normal operations of a fuel storage facility, but a catastrophic accident caused by noncompliance with an entity's safety procedures is not. The obligation to clean up after the catastrophic accident does not result from the normal operation of the facility and is not within the scope of this Subtopic.
","snippet":"For example, a certain amount of spillage may be inherent in the normal operations of a fuel storage facility, but a catastrophic accident caused by noncompliance with an entity's safety procedures is not. The obligation…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a2a8e4b657b2fec2b69494f5db31a287e286c6b1477c028ce78b89c272d27cb9","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-9","para":"55-9","html":"
An asset retirement obligation may exist for component parts of a larger system. In some circumstances, the retirement of the component parts may be required before the retirement of the larger system to which the component parts belong.
","snippet":"An asset retirement obligation may exist for component parts of a larger system. In some circumstances, the retirement of the component parts may be required before the retirement of the larger system to which the compon…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bd8c8d4f189e22e1aa040a65ade98810edc94db57108635ae599030827afd9e3","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-10","para":"55-10","html":"
For example, consider an aluminum smelter that owns and operates several kilns lined with a special type of brick. The kilns have a long useful life, but the bricks wear out after approximately five years of use and are replaced on a periodic basis to maintain optimal efficiency of the kilns. Because the bricks become contaminated with hazardous chemicals while in the kiln, a state law requires that when the bricks are removed, they must be disposed of at a special hazardous waste site. The obligation to dispose of those bricks is within the scope of this Subtopic. The cost of the replacement bricks and their installation are not part of that obligation. This implementation guidance illustrates Section 410-20-15.
","snippet":"For example, consider an aluminum smelter that owns and operates several kilns lined with a special type of brick. The kilns have a long useful life, but the bricks wear out after approximately five years of use and are …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3486d15f811edb53b0ab9394163ba0b9fa8a4fe023ae17b0b604aa738f00af8","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-11","para":"55-11","html":"
If assets with asset retirement obligations are components of a larger group of assets (for example, a number of oil wells that make up an entire oil field operation), aggregation techniques may be necessary to derive a collective asset retirement obligation. This Subtopic does not preclude the use of estimates and computational shortcuts that are consistent with the fair value measurement objective when computing an aggregate asset retirement obligation for assets that are components of a larger group of assets. This implementation guidance illustrates paragraph 410-20-30-1.
","snippet":"If assets with asset retirement obligations are components of a larger group of assets (for example, a number of oil wells that make up an entire oil field operation), aggregation techniques may be necessary to derive a …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1e08a4b3b744112f5237b55def106b6aef2629edd2d54989f88eca5c432d6ee6","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-12","para":"55-12","html":"
This implementation guidance illustrates Section 410-20-15. If, for example, a governmental unit retains the right (an option) to decide whether to require a retirement activity, there is some uncertainty about whether those retirement activities will be required or waived. Regardless of the uncertainty attributable to the option, a legal obligation to stand ready to perform retirement activities still exists, and the governmental unit might require them to be performed. Although the timing and method of settlement of the retirement obligation may depend on future events that may or may not be within the control of the entity, a legal obligation to stand ready to perform retirement activities still exists. The entity should consider the uncertainty about the timing and method of settlement in the measurement of the liability, consistent with a fair value measurement objective, regardless of whether the event that will trigger the settlement is partially or wholly under the control of the entity.
","snippet":"This implementation guidance illustrates Section 410-20-15. If, for example, a governmental unit retains the right (an option) to decide whether to require a retirement activity, there is some uncertainty about whether t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d80d012c30cf7c36164d0138c6cdff6f01405f641f9accc8fbcd7c1e3978c14a","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-13","para":"55-13","html":"
This implementation guidance illustrates paragraph 410-20-30-1. In estimating the fair value of a liability for an asset retirement obligation using an expected present value technique, an entity shall begin by estimating the expected cash flows that reflect, to the extent possible, a marketplace assessment of the cost and timing of performing the required retirement activities. Considerations in estimating those expected cash flows include developing and incorporating explicit assumptions, to the extent possible, about all of the following:
  1. a
    The costs that a third party would incur in performing the tasks necessary to retire the asset
  2. b
    Other amounts that a third party would include in determining the price of the transfer, including, for example, inflation, overhead, equipment charges, profit margin, and advances in technology
  3. c
    The extent to which the amount of a third party's costs or the timing of its costs would vary under different future scenarios and the relative probabilities of those scenarios
  4. d
    The price that a third party would demand and could expect to receive for bearing the uncertainties and unforeseeable circumstances inherent in the obligation, sometimes referred to as a market-risk premium.
","snippet":"This implementation guidance illustrates paragraph 410-20-30-1. In estimating the fair value of a liability for an asset retirement obligation using an expected present value technique, an entity shall begin by estimatin…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0dadc46ecefe20fcc7756de0210e6ee73340b7c735ef04be40172aa1cd155c11","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-14","para":"55-14","html":"
It is expected that uncertainties about the amount and timing of future cash flows can be accommodated by using the expected present value technique and therefore will not prevent the determination of a reasonable estimate of fair value.
","snippet":"It is expected that uncertainties about the amount and timing of future cash flows can be accommodated by using the expected present value technique and therefore will not prevent the determination of a reasonable estima…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:428494bf1e6d5c9742fb59ab3739f8656c640ef60f40fedd84a9d5c5c63376b2","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-15","para":"55-15","html":"
This implementation guidance illustrates paragraph 410-20-30-1. An entity shall discount expected cash flows using an interest rate that equates to a risk-free interest rate adjusted for the effect of its credit standing (a credit-adjusted risk-free rate). In determining the adjustment for the effect of its credit standing, an entity should consider the effects of all terms, collateral, and existing guarantees on the fair value of the liability.
","snippet":"This implementation guidance illustrates paragraph 410-20-30-1. An entity shall discount expected cash flows using an interest rate that equates to a risk-free interest rate adjusted for the effect of its credit standing…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9dcf7732ec2d5798077ead69870adeac11083d2ab150b466834f75fd45f97371","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-16","para":"55-16","html":"
Adjustments for default risk can be reflected in either the discount rate or the expected cash flows. In most situations, an entity will know the adjustment required to the risk-free interest rate to reflect its credit standing. Consequently, it would be easier and less complex to reflect that adjustment in the discount rate.
","snippet":"Adjustments for default risk can be reflected in either the discount rate or the expected cash flows. In most situations, an entity will know the adjustment required to the risk-free interest rate to reflect its credit s…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:847f27e5a8d1ea60fa372602762cbb84ac9aa07ab3e48500290ee972b3624d8f","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-17","para":"55-17","html":"
In addition, because of the requirements in paragraph 410-20-35-8 relating to upward and downward adjustments in expected cash flows, it is essential to the operationality of this Subtopic that the credit standing of the entity be reflected in the discount rate. For those reasons, the risk-free rate shall be adjusted for the credit standing of the entity to determine the discount rate.
","snippet":"In addition, because of the requirements in paragraph 410-20-35-8 relating to upward and downward adjustments in expected cash flows, it is essential to the operationality of this Subtopic that the credit standing of the…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:66d2a8040c7c4339d4d4ea9d9814cd2d931b6d169271ca90014ff008336e670e","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-18","para":"55-18","html":"
This implementation guidance illustrates paragraphs
410-20-35-1 through 35-6
. In periods subsequent to initial measurement, an entity recognizes the effect of the passage of time on the amount of a liability for an asset retirement obligation. A period-to-period increase in the carrying amount of the liability shall be recognized as an operating item (accretion expense) in the statement of income. An equivalent amount is added to the carrying amount of the liability. To calculate accretion expense, an entity shall multiply the beginning of the period liability balance by the credit-adjusted risk-free rate that existed when the liability was initially measured. The liability shall be adjusted for accretion prior to adjusting for revisions in estimated cash flows.
","snippet":"This implementation guidance illustrates paragraphs 410-20-35-1 through 35-6. In periods subsequent to initial measurement, an entity recognizes the effect of the passage of time on the amount of a liability for an asset…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:460fb187d8e7be2f0ff98c8a8ab4f2d8dec2cf2f82a69011efd34d426e3d64a5","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-19","para":"55-19","html":"
This implementation guidance illustrates paragraph 410-20-35-8. Revisions to a previously recorded asset retirement obligation will result from changes in the assumptions used to estimate the expected cash flows required to settle the asset retirement obligation, including changes in estimated probabilities, amounts, and timing of the settlement of the asset retirement obligation, as well as changes in the legal requirements of an obligation. Any changes that result in upward revisions to the expected cash flows shall be treated as a new liability and discounted at the current rate. Any downward revisions to the expected cash flows will result in a reduction of the asset retirement obligation. For downward revisions, the amount of the liability to be removed from the existing accrual shall be discounted at the credit-adjusted risk-free rate that was used at the time the obligation to which the downward revision relates was originally recorded (or the historical weighted-average rate if the year[s] to which the downward revision applies cannot be determined).
","snippet":"This implementation guidance illustrates paragraph 410-20-35-8. Revisions to a previously recorded asset retirement obligation will result from changes in the assumptions used to estimate the expected cash flows required…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:48b2958d9c26d4ec3a84dd73259b1421c4f4ebbd51789e82628ff72dfb37da7b","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-20","para":"55-20","html":"
Revisions to the asset retirement obligation result in adjustments of capitalized asset retirement costs and will affect subsequent depreciation of the related asset. Such adjustments are depreciated on a prospective basis.
","snippet":"Revisions to the asset retirement obligation result in adjustments of capitalized asset retirement costs and will affect subsequent depreciation of the related asset. Such adjustments are depreciated on a prospective bas…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:70ebc47921bcf6c76dda81ec58e14e73289878131c3f9b576f2cc0f583f68a35","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-21","para":"55-21","html":"
This implementation guidance illustrates Section 410-20-15. There is no conceptual difference between interim property retirements and replacements and those retirements that occur in circumstances in which the retired asset is not replaced. Therefore, any asset retirement obligation associated with the retirement of or the retirement and replacement of a component part of a larger system qualifies for recognition provided that the obligation meets the definition of a liability. The cost of replacement components is excluded.
","snippet":"This implementation guidance illustrates Section 410-20-15. There is no conceptual difference between interim property retirements and replacements and those retirements that occur in circumstances in which the retired a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9b0ca8d87091456a5fe4c5e2ae887d3385e61234dcfa7303edfcbf31c14111fb","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-22","para":"55-22","html":"
Examples of interim property retirements and replacements for component parts of larger systems are components of transmission and distribution systems (utility poles), railroad ties, a single oil well that is part of a larger oil field, and aircraft engines. The assets in those examples may or may not have associated retirement obligations.
","snippet":"Examples of interim property retirements and replacements for component parts of larger systems are components of transmission and distribution systems (utility poles), railroad ties, a single oil well that is part of a …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8f775572c492aebae3ef8ad6b7ee197611bc5574b2e83c0bccc37c3008903600","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-23","para":"55-23","html":"
EU Directive 2002/96/EC was adopted on February 13, 2003, and directs EU-member countries to adopt legislation to regulate the collection, treatment, recovery, and environmentally sound disposal of electrical and electronic waste equipment. The actual legislation adopted by individual EU-member countries can have different requirements. An entity should apply the guidance herein, adjusted as needed for the specific requirements of the applicable EU-member country.
","snippet":"EU Directive 2002/96/EC was adopted on February 13, 2003, and directs EU-member countries to adopt legislation to regulate the collection, treatment, recovery, and environmentally sound disposal of electrical and electro…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:855d86420d2e90609c931f6f7a73de13edcd78b91d6afaf1ae82074efb5482a7","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-24","para":"55-24","html":"
The Directive distinguishes between new and historical waste. All products put on the market on or before August 13, 2005, are deemed to be historical waste equipment for the purposes of the Directive. Example 4 (see paragraph 410-20-55-63) does not address the accounting for new waste because there should be little diversity in practice in the accounting for such waste. Costs relating to waste of new equipment are to be borne solely by the producers of the new equipment. This implementation guidance illustrates Section 410-20-15.
","snippet":"The Directive distinguishes between new and historical waste. All products put on the market on or before August 13, 2005, are deemed to be historical waste equipment for the purposes of the Directive. Example 4 (see par…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a42958d6dc226db4d2bc0024148de355239a86e25795a69d5d0213cd217e1f60","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-25","para":"55-25","html":"
Under the Directive, the waste management obligation remains with the commercial user until the historical waste equipment is replaced, at which time the waste management obligation for that equipment may be transferred to the producer of the replacement equipment depending on the law adopted by the applicable EU-member country. If the commercial user does not replace the equipment, the obligation remains with that user until it disposes of the equipment. The Directive provides each EU-member country with the option to obligate commercial users to pay part or all of the costs associated with the historical waste even if the equipment is replaced. In this situation, the obligation would remain (partly or wholly) with the commercial user until the user disposes of the equipment.
","snippet":"Under the Directive, the waste management obligation remains with the commercial user until the historical waste equipment is replaced, at which time the waste management obligation for that equipment may be transferred …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d0639eec6a31010bbb2f85ff65c452360ce36b5aacc3e4a7d668de7bf9ebbcb6","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-26","para":"55-26","html":"
The accounting for the initial recognition and measurement of the liability and asset retirement cost should be consistent with paragraphs
410-20-25-1 through 25-4
. The ability or intent of the commercial user to replace the asset and transfer the obligation does not relieve the user of its present duty or responsibility to settle the obligation. The replacement of the asset may, depending on EU-member country law, transfer the obligation to the replacement producer, and, if so, that transfer would affect the purchase price of the replacement asset. Upon initial recognition of a liability, an entity shall capitalize an asset retirement cost by increasing the carrying amount of the related asset by the same amount as the liability. The accounting subsequent to the initial recognition of the asset and liability should be consistent with the guidance in paragraphs
410-20-35-3 through 35-8
.
Transition date:(P) December 16, 2024; (N) December 16, 2025Transition guidance:
105-10-65-9The accounting for the initial recognition and measurement of the liability and asset retirement cost should be consistent with Sections 410-20-25 and 410-20-30. The ability or intent of the commercial user to replace the asset and transfer the obligation does not relieve the user of its present duty or responsibility to settle the obligation. The replacement of the asset may, depending on EU-member country law, transfer the obligation to the replacement producer, and, if so, that transfer would affect the purchase price of the replacement asset. Upon initial recognition of a liability, an entity shall capitalize an asset retirement cost by increasing the carrying amount of the related asset by the same amount as the liability. The accounting subsequent to the initial recognition of the asset and liability should be consistent with the guidance in paragraphs
410-20-35-3 through 35-8
.
","snippet":"The accounting for the initial recognition and measurement of the liability and asset retirement cost should be consistent with paragraphs 410-20-25-1 through 25-4. The ability or intent of the commercial user to replace…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a669952ac673c91d67c0c01c0e2448e3255fab04139e9c6ef3a08cc232bf10d6","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-27","para":"55-27","html":"
If the asset is subsequently replaced, with the obligation being transferred to the producer of the replacement equipment, the commercial user should determine the portion of the total amount paid to the producer that relates to the replacement equipment (the new asset) and the portion that relates to the transfer of the asset retirement obligation. That determination should be based on the fair value of the asset retirement obligation, without the sale of the new asset. The price paid by the commercial user would not include any costs associated with the transfer of the obligation in situations in which the law in the EU-member country obligates commercial users to pay all of the costs associated with the historical waste even if the equipment is replaced. In those situations, the commercial user would not derecognize the liability from its balance sheet upon replacement, but rather when the obligation is ultimately settled.
","snippet":"If the asset is subsequently replaced, with the obligation being transferred to the producer of the replacement equipment, the commercial user should determine the portion of the total amount paid to the producer that re…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ae1648b709e6d62245316f93a3a6430282e8ceb0d6d794342166321c34bb54c7","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-28","para":"55-28","html":"
The new asset should be measured as the residual amount (the excess of the price paid over the fair value of the asset retirement obligation transferred). That amount should be used in determining the new asset's cost basis. The commercial user should derecognize the liability from its balance sheet and recognize a gain or loss based on the difference between the carrying amount of the liability at the date of the sale and the portion of the sales price that relates to the obligation. The producer of the new asset should recognize revenue for the total amount received reduced by the fair value of the obligation upon the transfer of the obligation from the commercial user (that is, on a net basis). The requirements for the producer to measure the revenue from the sale of the new asset as the residual amount and recognize revenue only for the sale of the new asset are applicable for those producers for which the recycling of electronic waste equipment is not a revenue-generating business activity. In situations in which the recycling of equipment is a revenue-generating business activity for the producer, that producer should apply the guidance in Topic 606 on revenue from contracts with customers.
","snippet":"The new asset should be measured as the residual amount (the excess of the price paid over the fair value of the asset retirement obligation transferred). That amount should be used in determining the new asset's cost ba…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:19b14d5e027ac4fd22290bd7e7bf9988402c61940825345ed428588251d3774e","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-29","para":"55-29","html":"
The producer of the new asset should derecognize that liability when the obligation is settled.
","snippet":"The producer of the new asset should derecognize that liability when the obligation is settled.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7fa915fce7782f2f2554566649eb9d720bbdb11c24e722f0d2c6d1adb17286a1","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-30","para":"55-30","html":"
See Example 4 (paragraph 410-20-55-63), which describes accounting for obligations associated with Directive 2002/96/EC on Waste Electrical and Electronic Equipment adopted by the European Union. That Example refers to and paraphrases various provisions of the Directive. Nothing in that Example shall be considered a definitive interpretation of any provision of the Directive for any purpose.
","snippet":"See Example 4 (paragraph 410-20-55-63), which describes accounting for obligations associated with Directive 2002/96/EC on Waste Electrical and Electronic Equipment adopted by the European Union. That Example refers to a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:996706e3d2080130c232677cabfcf6514db6ee2aa70e4f76a5edef1ee4afa55d","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5db1c03a42c54c787ca6bbf2b8614fc9149252c2a7a97fc3f5c211b87d1c8bd0","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"block":null,"heading":"Illustrations","paragraphs":[{"citation":"410-20-55-31","para":"55-31","html":"
This Example illustrates the guidance in paragraphs
410-20-35-5 through 35-6
. After initial measurement, an entity is required to recognize period-to-period changes in an asset retirement obligation liability resulting from the passage of time (accretion expense) and revisions in cash flow estimates. To apply the subsequent measurement provisions of this Subtopic, an entity must identify undiscounted cash flows related to an asset retirement obligation liability irrespective of how the liability was initially measured. Therefore, if an entity obtains the initial fair value from a market price, it must impute undiscounted cash flows from that price.
","snippet":"This Example illustrates the guidance in paragraphs 410-20-35-5 through 35-6. After initial measurement, an entity is required to recognize period-to-period changes in an asset retirement obligation liability resulting f…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a566b8ba2d7dcb1c16beae992894fa24676ae67f95350f2a2f7e79bf8076b0c9","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-32","para":"55-32","html":"
This Example illustrates the subsequent measurement of a liability in situations where the initial liability is based on a market price. Assume that the liability is initially recognized at the end of period 0 when the market price is $300,000 and the entity's credit-adjusted risk-free rate is 8 percent. As required by this Subtopic, revisions in the timing or the amount of estimated cash flows are assumed to occur at the end of the period after accretion on the beginning balance of the liability is calculated. At the end of each period, the following procedure is used to impute cash flows from the end-of-period market price, compute the change in that price attributable to revisions in estimated cash flows, and calculate accretion expense:
  1. a
    The market price and the credit-adjusted risk-free interest rate are used to impute the undiscounted cash flows embedded in the market price.
  2. b
    The undiscounted cash flows from (a) are discounted at the initial credit-adjusted risk-free rate of 8 percent to arrive at the ending balance of the asset retirement obligation liability per the provisions of this Subtopic.
  3. c
    The beginning balance of the asset retirement obligation liability is multiplied by the initial credit-adjusted risk-free rate of 8 percent to arrive at the amount of accretion expense per the provisions of this Subtopic.
  4. d
    The difference between the undiscounted cash flows at the beginning of the period and the undiscounted cash flows at the end of the period represents the revision in cash flow estimates that occurred during the period. If that change is an upward revision to the undiscounted estimated cash flows, it is discounted at the current credit-adjusted risk-free rate. If that change is a downward revision, it is discounted at the historical weighted-average rate because it is not practicable to separately identify the period to which the downward revision relates.
","snippet":"This Example illustrates the subsequent measurement of a liability in situations where the initial liability is based on a market price. Assume that the liability is initially recognized at the end of period 0 when the m…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d4cb46c46d5563d5dd0dd94182140c0a0c968c4fb50d19a7c1374cc37134d117","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-33","para":"55-33","html":"
The following table illustrates the subsequent measurement of an asset retirement obligation liability obtained from a market price.
","snippet":"The following table illustrates the subsequent measurement of an asset retirement obligation liability obtained from a market price.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7b2435081f6eed414593bbf4e91e6e2376fb0a80db2bb1b6774a600a1430fd69","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-34","para":"55-34","html":"
The following table illustrates the measurement of liability under the provisions of the asset retirement obligation statement.
","snippet":"The following table illustrates the measurement of liability under the provisions of the asset retirement obligation statement.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:285d3e0d9161924da77bb2565ccc4a5004da4026b88bdc051510a829d1895bfc","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-35","para":"55-35","html":"
The following Cases illustrate the recognition and measurement provisions of this Subtopic:
  1. a
    Initial measurement of a liability for an asset retirement obligation using an expected present value technique, subsequent measurement assuming that there are no changes in expected cash flows, and settlement of the asset retirement obligation liability at the end of its term (Case A)
  2. b
    Subsequent measurement of an asset retirement obligation liability after a change in expected cash flows (Case B)
  3. c
    Recognition and measurement of an asset retirement obligation liability that is incurred over more than one reporting period (Case C)
  4. d
    Accounting for asset retirement obligations that are conditional and that have a low likelihood of enforcement (Case D).
","snippet":"The following Cases illustrate the recognition and measurement provisions of this Subtopic:\n(a) Initial measurement of a liability for an asset retirement obligation using an expected present value technique, subsequent …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2a4f10b0e86c8fef90a1a39292797d6a5673d07d1c45291f4f9964b669eb4809","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-36","para":"55-36","html":"
Cases A, B, C, and D incorporate simplified assumptions to provide guidance in implementing this Subtopic. For instance, Cases A and B relate to the asset retirement obligation associated with an offshore production platform that also would likely have individual wells and production facilities that would have separate asset retirement obligations. Those Cases also assume straight-line depreciation, even though, in practice, depreciation would likely be applied using a units-of-production method. Other simplifying assumptions are used throughout the Cases.
","snippet":"Cases A, B, C, and D incorporate simplified assumptions to provide guidance in implementing this Subtopic. For instance, Cases A and B relate to the asset retirement obligation associated with an offshore production plat…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2392c94115fa323214f8120ba694ea7902f60b9a72aae02c2bdca79b1a2e3b72","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-37","para":"55-37","html":"
This Case depicts an entity that completes construction of and places into service an offshore oil platform on January 1, 2003. The entity is legally required to dismantle and remove the platform at the end of its useful life, which is estimated to be 10 years. Based on the requirements of this Subtopic, on January 1, 2003, the entity recognizes a liability for an asset retirement obligation and capitalizes an amount for an asset retirement cost. The entity estimates the initial fair value of the liability using an expected present value technique. The significant assumptions used in that estimate of fair value are as follows:
  1. a
    Labor costs are based on current marketplace wages required to hire contractors to dismantle and remove offshore oil platforms. The entity assigns probability assessments to a range of cash flow estimates as follows.
    • Cash Flow Estimate Probability Assessment Expected Cash Flows \" $100,000 \" 25% \" $25,000 \" \" 125,000 \" 50 \" 62,500 \" \" 175,000 \" 25 \" 43,750 \" \" $131,250 \"
  2. b
    The entity estimates allocated overhead and equipment charges using the rate it applies to labor costs for transfer pricing (80 percent). The entity has no reason to believe that its overhead rate differs from those used by contractors in the industry.
  3. c
    A contractor typically adds a markup on labor and allocated internal costs to provide a profit margin on the job. The rate used (20 percent) represents the entity's understanding of the profit that contractors in the industry generally earn to dismantle and remove offshore oil platforms.
  4. d
    A contractor would typically demand and receive a premium (market risk premium) for bearing the uncertainty and unforeseeable circumstances inherent in locking in today's price for a project that will not occur for 10 years. The entity estimates the amount of that premium to be 5 percent of the expected cash flows adjusted for inflation.
  5. e
    The risk-free rate of interest on January 1, 2003, is 5 percent. The entity adjusts that rate by 3.5 percent to reflect the effect of its credit standing. Therefore, the credit-adjusted risk-free rate used to compute expected present value is 8.5 percent.
  6. f
    The entity assumes a rate of inflation of 4 percent over the 10-year period.
","snippet":"This Case depicts an entity that completes construction of and places into service an offshore oil platform on January 1, 2003. The entity is legally required to dismantle and remove the platform at the end of its useful…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f54a6fe220353d8bed8732bd615b8905d1336f8e3482a555b1659e02b0d5a035","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-38","para":"55-38","html":"
On December 31, 2012, the entity settles its asset retirement obligation by using its internal workforce at a cost of $351,000. Assuming no changes during the 10-year period in the expected cash flows used to estimate the obligation, the entity would recognize a gain of $89,619 on settlement of the obligation. The entity would account for the asset retirement obligation as follows.
","snippet":"On December 31, 2012, the entity settles its asset retirement obligation by using its internal workforce at a cost of $351,000. Assuming no changes during the 10-year period in the expected cash flows used to estimate th…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9a29dc5997a30fe63d8b736f3c3d6a0c28d4fbc669b31332cf4e371e4228f2c2","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-39","para":"55-39","html":"
This Case is the same as Case A with respect to initial measurement of the asset retirement obligation liability. In this Case, the entity's credit standing improves over time, causing the credit-adjusted risk-free rate to decrease by 0.5 percent to 8 percent at December 31, 2004.
","snippet":"This Case is the same as Case A with respect to initial measurement of the asset retirement obligation liability. In this Case, the entity's credit standing improves over time, causing the credit-adjusted risk-free rate …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a304f6e805c7e3fca4e9d29bcd9f72ceb521988a26695895ceec7750a38f1532","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-40","para":"55-40","html":"
On December 31, 2004, the entity revises its estimate of labor costs to reflect an increase of 10 percent in the marketplace. In addition, it revises the probability assessments related to those labor costs. The change in labor costs results in an upward revision to the expected cash flows; consequently, the incremental expected cash flows are discounted at the current credit-adjusted risk-free rate of 8 percent. All other assumptions remain unchanged. The revised estimate of expected cash flows for labor costs is as follows.
","snippet":"On December 31, 2004, the entity revises its estimate of labor costs to reflect an increase of 10 percent in the marketplace. In addition, it revises the probability assessments related to those labor costs. The change i…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7b2106cf825f2536a594ffe009f46a7da8a6cdbcb465b0b4bcddb368640526c3","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-41","para":"55-41","html":"
On December 31, 2012, the entity settles its asset retirement obligation by using an outside contractor. It incurs costs of $463,000, resulting in the recognition of a $14,091 gain on settlement of the obligation. The entity would account for the asset retirement obligation as follows.
","snippet":"On December 31, 2012, the entity settles its asset retirement obligation by using an outside contractor. It incurs costs of $463,000, resulting in the recognition of a $14,091 gain on settlement of the obligation. The en…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:15e1326d6a61b7dc6ec7db1146d25dfe10a299d656de08a4743518a3270d22c3","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-42","para":"55-42","html":"
This Case depicts an entity that places a nuclear utility plant into service on December 31, 2003. The entity is legally required to decommission the plant at the end of its useful life, which is estimated to be 20 years. Based on the requirements of this Subtopic, the entity recognizes a liability for an asset retirement obligation and capitalizes an amount for an asset retirement cost over the life of the plant as contamination occurs. The following schedule reflects the expected cash flows and respective credit-adjusted risk-free rates used to measure each portion of the liability through December 31, 2005, at which time the plant is 90 percent contaminated.
","snippet":"This Case depicts an entity that places a nuclear utility plant into service on December 31, 2003. The entity is legally required to decommission the plant at the end of its useful life, which is estimated to be 20 years…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:09c09339b598a990d05df27a6517d9f77e7497807a42efc4feac3617e685dfcc","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-43","para":"55-43","html":"
On December 31, 2005, the entity increases by 10 percent its estimate of expected cash flows that were used to measure those portions of the liability recognized on December 31, 2003, and December 31, 2004, which results in an upward revision to the expected cash flows. Accordingly, the incremental expected cash flows of $2,415 [$2,300 (10 percent of $23,000) plus $115 (10 percent of $1,150)] are discounted at the then-current credit-adjusted risk-free rate of 9.2 percent and recorded as a liability on December 31, 2005. The entity would account for the asset retirement obligation as follows.
","snippet":"On December 31, 2005, the entity increases by 10 percent its estimate of expected cash flows that were used to measure those portions of the liability recognized on December 31, 2003, and December 31, 2004, which results…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:419206564072b2fff0f958493a08da829f0f9a929427694132ef5eb572a8f77b","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-44","para":"55-44","html":"
This Case illustrates a timber lease in which the lessor has an option to require the lessee to settle an asset retirement obligation. Assume an entity enters into a five-year lease that grants it the right to harvest timber on a tract of land and that agreement grants the lessor an option to require that the lessee reforest the underlying land at the end of the lease term. Based on past history, the lessee believes that the likelihood that the lessor will exercise that option is low. Rather, at the end of the lease, the lessor will likely accept the land without requiring reforestation. The lessee estimates that there is only a 10 percent probability that the lessor will elect to enforce reforestation. Paragraph 842-10-15-1 explains that Topic 842 does not apply to leases of biological assets, including timber.
","snippet":"This Case illustrates a timber lease in which the lessor has an option to require the lessee to settle an asset retirement obligation. Assume an entity enters into a five-year lease that grants it the right to harvest ti…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9cfaeb39f08578aadf94db293d1d1d2a82a90c42a185ceb4db636c922f97e4ee","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-45","para":"55-45","html":"
At the end of the first year, 20 percent of the timber has been harvested. The lessee estimates that the possible cash flows associated with performing reforestation activities in 4 years for the portion of the land that has been harvested will be $300,000. When estimating the fair value of the asset retirement obligation liability to be recorded (using an expected present value technique), the lessee incorporates the probability that the restoration provisions will not be enforced.
","snippet":"At the end of the first year, 20 percent of the timber has been harvested. The lessee estimates that the possible cash flows associated with performing reforestation activities in 4 years for the portion of the land that…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7decc4c6e0f9b8d889d372a68ba632d425270b5f05991bba41e7cc04bc8cf374","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-46","para":"55-46","html":"
During the term of the lease, the lessee should reassess the likelihood that the lessor will require reforestation. For example, if the lessee subsequently determines that the likelihood of the lessor electing the reforestation option has increased, that change will result in a change in the expected cash flows and be accounted for as illustrated in Case B.
","snippet":"During the term of the lease, the lessee should reassess the likelihood that the lessor will require reforestation. For example, if the lessee subsequently determines that the likelihood of the lessor electing the refore…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2fa8ead15257d9e12329fdc43952a38c4dcf076a25de171ef2933ddf708737cb","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-47","para":"55-47","html":"
This Example includes four Cases that illustrate when an entity would be required to recognize the fair value of an asset retirement obligation. The Cases do not provide specific guidance for determining when an entity has sufficient information to reasonably estimate the fair value of the asset retirement obligation. The determination as to when an entity has sufficient information to reasonably estimate the fair value of an asset retirement obligation should be based on the guidance in paragraphs
410-20-25-8 through 25-11
. The Cases illustrate the initial recognition of a conditional asset retirement obligation based on the facts presented. Any differences in facts from those presented in the Cases may result in different conclusions.
","snippet":"This Example includes four Cases that illustrate when an entity would be required to recognize the fair value of an asset retirement obligation. The Cases do not provide specific guidance for determining when an entity h…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c8c35caba99c0d008287a63242754fda8ddc40b5b202321075a777303d2cd09c","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-48","para":"55-48","html":"
The following Cases illustrate the guidance in paragraphs
410-20-25-7 through 25-11
and 410-20-30-1:
  1. a
    An entity has sufficient information to reasonably estimate the fair value of an asset retirement obligation at the time the obligation is incurred (Cases A and B).
  2. b
    An entity does not have sufficient information to reasonably estimate the fair value of an asset retirement obligation at the time the obligation is incurred (Case C).
  3. c
    An entity initially does not have sufficient information and later has sufficient information to reasonably estimate the fair value of an asset retirement obligation (Case D).
","snippet":"The following Cases illustrate the guidance in paragraphs 410-20-25-7 through 25-11 and 410-20-30-1:\n(a) An entity has sufficient information to reasonably estimate the fair value of an asset retirement obligation at the…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c55466ce5b4b8a0ec335e7eaaa770a176f7525a01970321c087464ab21743352","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-49","para":"55-49","html":"
Assume a telecommunications entity owns and operates a communication network that uses wood poles that are treated with certain chemicals. There is no legal requirement to remove the poles from the ground. However, the owner may replace the poles periodically for a number of operational reasons. Once the poles are removed from the ground, they may be disposed of, sold, or reused as part of other activities. There is existing legislation that requires special disposal procedures for the poles in the particular state in which the entity operates.
","snippet":"Assume a telecommunications entity owns and operates a communication network that uses wood poles that are treated with certain chemicals. There is no legal requirement to remove the poles from the ground. However, the o…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9635e8cef7b446eb12e8e9f3fa4929e3cfee29b0e07befdf1291b7ee76d5dd8a","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-50","para":"55-50","html":"
At the date of purchase of the treated poles, the entity has the information to estimate a range of potential settlement dates, the potential methods of settlement, and the probabilities associated with the potential settlement dates and methods based on established industry practice. Therefore, at the date of purchase, the entity is able to estimate the fair value of the liability for the required disposal procedures using an expected present value technique.
","snippet":"At the date of purchase of the treated poles, the entity has the information to estimate a range of potential settlement dates, the potential methods of settlement, and the probabilities associated with the potential set…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:463efa457497bfe7b9461fed9a8d4e77dce9c272d72382b9e24aa403e93a5c56","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-51","para":"55-51","html":"
Although the timing of the performance of the asset retirement activity is conditional on removing the poles from the ground and disposing of them, existing legislation creates a duty or responsibility for the entity to dispose of the poles in accordance with special procedures, and the obligating event occurs when the entity purchases the treated poles. Although the entity may decide not to remove the poles from the ground or may decide to reuse the poles and thereby defer settlement of the obligation, the ability to defer settlement does not relieve the entity of the obligation. The poles will eventually need to be disposed of using special procedures, because the poles will not last forever. Additionally, the ability of the entity to sell the poles prior to disposal does not relieve the entity of its present duty or responsibility to settle the obligation. The sale of the poles transfers the obligation to another entity. The assumption of the obligation by the buyer affects the exchange price. The bargaining of the exchange price reflects the buyer's and seller's individual estimates of the timing and (or) amount of the cost to extinguish the obligation.
","snippet":"Although the timing of the performance of the asset retirement activity is conditional on removing the poles from the ground and disposing of them, existing legislation creates a duty or responsibility for the entity to …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:992ae7a4fc1e337d841e204ae451f5279e01d6402347f7312850ed114204fbf0","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-52","para":"55-52","html":"
The asset retirement obligation should be recognized when the entity purchases the poles because the entity has sufficient information to estimate the fair value of the asset retirement obligation. Because the legal requirement relates only to the disposal of the treated poles, the cost to remove the poles is not included in the asset retirement obligation. However, if there was a legal requirement to remove the treated poles, the cost of removal would be included.
","snippet":"The asset retirement obligation should be recognized when the entity purchases the poles because the entity has sufficient information to estimate the fair value of the asset retirement obligation. Because the legal requ…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eb6703e63be6f90e5f5b58679f6c3c99e36108d6eea65c5753aaf73d06f8011c","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-53","para":"55-53","html":"
Assume an entity recently purchased several kilns lined with a special type of brick. As of the date of purchase, the kilns had not yet been used in any smelting processes. The kilns have a long useful life, but the bricks are replaced periodically. Because the bricks become contaminated with hazardous chemicals while the kiln is operated, a state law requires that when the bricks are removed, they must be disposed of at a special hazardous waste site. The entity has the information to estimate a range of potential settlement dates, the method of settlement, and the probabilities associated with the potential settlement dates based on its past practice of replacing the bricks to maintain the efficient operation of the kiln.
","snippet":"Assume an entity recently purchased several kilns lined with a special type of brick. As of the date of purchase, the kilns had not yet been used in any smelting processes. The kilns have a long useful life, but the bric…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:57839a3d93792810c4dcf78956e4cbe260ff05a4676aef8db6cb1ada6b02bd5d","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-54","para":"55-54","html":"
Therefore, at the date the bricks become contaminated because of the operation of the kiln, the entity is able to estimate the fair value of the liability for the required disposal procedures using an expected present value technique.
","snippet":"Therefore, at the date the bricks become contaminated because of the operation of the kiln, the entity is able to estimate the fair value of the liability for the required disposal procedures using an expected present va…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7f8a91c0fe640412e4d53a5b66be5fea6b8acd89d48388c3484da1207b138a0d","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-55","para":"55-55","html":"
Although performance of the asset retirement activity is conditional on removing the bricks from the kiln, existing legislation creates a duty or responsibility for the entity to dispose of the bricks at a special hazardous waste site, and the obligating event occurs when the entity contaminates the bricks. As of the purchase date, the kilns have not yet been used in any smelting processes, and the bricks have not yet been contaminated. Therefore, at the date of purchase, no obligation exists because the bricks have not been contaminated and could be disposed of without performing any special disposal activities.
","snippet":"Although performance of the asset retirement activity is conditional on removing the bricks from the kiln, existing legislation creates a duty or responsibility for the entity to dispose of the bricks at a special hazard…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e010158d0b8cee73c7b3e8f7ed3a10e2d15b5c7e1222709235f795ae5ef4b48b","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-56","para":"55-56","html":"
The fair value of the asset retirement obligation should be recognized once the kilns have been placed into operation and the bricks are contaminated. Although the entity may decide not to remove the bricks from the kiln and thereby defer settlement of the obligation, the ability to defer settlement does not relieve the entity of the obligation. The contaminated bricks will eventually need to be removed and disposed of at a special hazardous waste site, because a kiln will not last forever. Therefore, the obligation to perform the asset retirement activity is unconditional even though uncertainty exists about the timing of settlement. An asset retirement obligation should be recognized once the kilns have been placed into operation and the bricks are contaminated because the entity has sufficient information to estimate the fair value of the asset retirement obligation. The asset retirement obligation is the requirement to dispose of the contaminated bricks at a special hazardous waste site. The cost to remove the bricks is not part of the obligation and should be accounted for as a maintenance or replacement activity.
","snippet":"The fair value of the asset retirement obligation should be recognized once the kilns have been placed into operation and the bricks are contaminated. Although the entity may decide not to remove the bricks from the kiln…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e9f248539a30122a3520951c87cb28562c21b7b683ba4e6b2262836e30b061c6","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-57","para":"55-57","html":"
Assume an entity acquires a factory that contains asbestos. After the acquisition date, regulations are put in place that require the entity to handle and dispose of this type of asbestos in a special manner if the factory undergoes major renovations or is demolished. Otherwise, the entity is not required to remove the asbestos from the factory. The entity has several options to retire the factory in the future including demolishing, selling, or abandoning it. The entity believes it does not have sufficient information to estimate the fair value of the asset retirement obligation because the settlement date or the range of potential settlement dates has not been specified by others and information is not available to apply an expected present value technique. For example, there are no plans or expectation of plans to undertake a major renovation that would require removal of the asbestos or demolition of the factory. The factory is expected to be maintained by repairs and maintenance activities that would not involve the removal of the asbestos. Also, the need for major renovations caused by technology changes, operational changes, or other factors has not been identified.
","snippet":"Assume an entity acquires a factory that contains asbestos. After the acquisition date, regulations are put in place that require the entity to handle and dispose of this type of asbestos in a special manner if the facto…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3226dad257c36a973b1c1110a26bbb14daaa4cffc992754224ece27958a3170d","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-58","para":"55-58","html":"
Although the timing of the performance of the asset retirement activity is conditional on the factory undergoing major renovations or being demolished, existing regulations create a duty or responsibility for the entity to remove and dispose of asbestos in a special manner, and the obligating event occurs when the regulations are put in place. Therefore, an asset retirement obligation should be recognized when regulations are put in place if the entity can reasonably estimate the fair value of the liability. In this Case, the entity believes that there is an indeterminate settlement date for the asset retirement obligation because the range of time over which the entity may settle the obligation is unknown or cannot be estimated. Therefore, the entity cannot reasonably estimate the fair value of the liability. Accordingly, the entity would not recognize a liability for the asset retirement obligation when regulations are put in place, but it should disclose a description of the obligation, the fact that a liability has not been recognized because the fair value cannot be reasonably estimated, and the reasons why fair value cannot be reasonably estimated. The entity would recognize a liability in the period in which sufficient information is available to reasonably estimate its fair value.
","snippet":"Although the timing of the performance of the asset retirement activity is conditional on the factory undergoing major renovations or being demolished, existing regulations create a duty or responsibility for the entity …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1b61c454a7cf820e4fbd55785567d4eebf891013d1c89b1eaf5f2978a431a1d0","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-59","para":"55-59","html":"
Assume an entity acquires a factory that contains asbestos. At the acquisition date, regulations are in place that require the entity to handle and dispose of this type of asbestos in a special manner if the factory undergoes major renovations or is demolished. Otherwise, the entity is not required to remove the asbestos from the factory. The entity has several options to retire the factory in the future including demolishing, selling, or abandoning it. At the acquisition date, it is not evident that the fair value of the obligation is embodied in the acquisition price of the factory because both the seller and the buyer of the factory believed the obligation had an indeterminate settlement date, an active market does not exist for the transfer of the obligation, and sufficient information does not exist to apply an expected present value technique. Ten years after the acquisition date, the entity obtains additional information based on changes in demand for the products manufactured at that factory. At that time, the entity has the information to estimate a range of potential settlement dates, the potential methods of settlement, and the probabilities associated with the potential settlement dates and potential methods of settlement. Therefore, at that time the entity is able to estimate the fair value of the liability for the special handling of the asbestos using an expected present value technique.
","snippet":"Assume an entity acquires a factory that contains asbestos. At the acquisition date, regulations are in place that require the entity to handle and dispose of this type of asbestos in a special manner if the factory unde…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9cd9177ffb1483e76fbac379d9d54a0aa95eaebbcb82235f956107786a03285a","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-60","para":"55-60","html":"
Although timing of the performance of the asset retirement activity is conditional on the factory undergoing major renovations or being demolished, existing regulations create a duty or responsibility for the entity to remove and dispose of asbestos in a special manner, and the obligating event occurs when the entity acquires the factory. In this Case, regulations are in place at the date of acquisition that require the entity to handle and dispose of the asbestos in a special manner. Therefore, the obligating event is the acquisition of the factory. If regulations were enacted after the date of acquisition, the obligating event would be the enactment of the regulations (see Case C).
","snippet":"Although timing of the performance of the asset retirement activity is conditional on the factory undergoing major renovations or being demolished, existing regulations create a duty or responsibility for the entity to r…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f6007a3911d0db0c73fecfbf32a565c53e2f562e917da654a6ceed8c8473858f","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-61","para":"55-61","html":"
Although the entity may decide to abandon the factory and thereby defer settlement of the obligation for the foreseeable future, the ability to defer settlement does not relieve the entity of the obligation. The asbestos will eventually need to be removed and disposed of in a special manner, because no building will last forever. Additionally, the ability of the entity to sell the factory does not relieve the entity of its present duty or responsibility to settle the obligation. The sale of the asset would transfer the obligation to another entity and that transfer would affect the selling price. Therefore, the obligation to perform the asset retirement activity is unconditional even though uncertainty exists about the timing and method of settlement.
","snippet":"Although the entity may decide to abandon the factory and thereby defer settlement of the obligation for the foreseeable future, the ability to defer settlement does not relieve the entity of the obligation. The asbestos…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3b33f4cf6f656b8b2a77537457ef48629fb2a200b012e1dc380093f7b3dded12","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-62","para":"55-62","html":"
In this Case, an asset retirement obligation is not recognized when the entity acquires the factory because the entity does not have sufficient information to estimate the fair value of the obligation. The entity would disclose a description of the obligation, the fact that a liability has not been recognized because the fair value cannot be reasonably estimated, and the reasons why fair value cannot be reasonably estimated. An asset retirement obligation would be recognized by this entity 10 years after the acquisition date because that is when the entity has sufficient information to estimate the fair value of the asset retirement obligation.
","snippet":"In this Case, an asset retirement obligation is not recognized when the entity acquires the factory because the entity does not have sufficient information to estimate the fair value of the obligation. The entity would d…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e099ec89fe557d901539c3ed035cdf3e9b2352d6ec0054e32904b85cbf8a3ed8","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-63","para":"55-63","html":"
This Example illustrates the guidance in paragraphs
410-20-55-23 through 55-29
.
","snippet":"This Example illustrates the guidance in paragraphs 410-20-55-23 through 55-29.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e6175f5980dcacf4ecd180aa5723397c447fd5e714385126e82948ee3e3890e8","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-64","para":"55-64","html":"
Assume an entity (a commercial user) is currently using electronic equipment that must be disposed of in accordance with the requirements of EU Directive 2002/96/EC. The EU-member country has not yet adopted the legislation. The entity has the ability either to replace the equipment or to dispose of the equipment without replacing it. In the EU-member country in which the entity operates, the producer of the replacement equipment will be wholly responsible for disposal costs if and when the equipment is replaced. The recycling of electronic waste equipment is not a revenue-generating business activity of the producer.
","snippet":"Assume an entity (a commercial user) is currently using electronic equipment that must be disposed of in accordance with the requirements of EU Directive 2002/96/EC. The EU-member country has not yet adopted the legislat…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1a21fd4bb86b7d43ff195bf5d6bac18360c14d2a3626764554bc4aee41407bb5","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-65","para":"55-65","html":"
Upon the adoption of the legislation, the entity should recognize a liability for the fair value of the asset retirement obligation. Upon initial recognition of a liability, the entity should capitalize an asset retirement cost by increasing the carrying amount of the related asset by the same amount as the liability. The accounting subsequent to the initial recognition of the asset and liability should be consistent with the guidance in paragraphs
410-20-35-3 through 35-6
.
","snippet":"Upon the adoption of the legislation, the entity should recognize a liability for the fair value of the asset retirement obligation. Upon initial recognition of a liability, the entity should capitalize an asset retireme…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c73bc776482c343ec345ae0fbff4a81619041b1d9fbe298b2b126dbbbe425269","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-66","para":"55-66","html":"
The waste management obligation remains with the commercial user until the historical waste equipment is replaced or is disposed of by the commercial user itself. Assuming the equipment is replaced, the entity should determine the portion of the purchase price that relates to the cost of the replacement asset and the portion that relates to the assumption of the obligation by the producer. That determination should be based on the fair value of the obligation, without the sale of the new asset. The entity should recognize a gain or loss based on the difference between the carrying amount of the liability at the date of the sale and the portion of the sales price that relates to the obligation. The producer should recognize revenue for the total amount received, reduced by the fair value of the obligation, and recognize a liability for the fair value of the obligation upon transfer of the obligation from the commercial user. Assuming the equipment is disposed of by the entity rather than replaced, the entity should recognize a gain or loss based on the difference between the carrying amount of the liability at the date of the disposal and the actual cost of disposal. See paragraphs
820-10-55-77 through 55-81
for an illustration of an entity required to estimate the fair value of an asset retirement obligation.
","snippet":"The waste management obligation remains with the commercial user until the historical waste equipment is replaced or is disposed of by the commercial user itself. Assuming the equipment is replaced, the entity should det…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:859808b7208b861610634b115e851047beaa2b344f57ea0d686f9f95a21e1b49","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},{"citation":"410-20-55-67","para":"55-67","html":"
For the financing of historical waste, the Directive also distinguishes between historical waste from private households and historical waste from \"users other than private households\" (referred to as \"commercial users\").
","snippet":"For the financing of historical waste, the Directive also distinguishes between historical waste from private households and historical waste from \"users other than private households\" (referred to as \"commercial users\")…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c5663e5a698a73667f0b0b7646831ebfe5c91944f08503e37e5fd5cd878a5df9","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:601af9697f1d10f3762ac71585961b946f38f587aed2bd174219ed4b5976531e","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3ef0ea8516ba96d1a8f537099df6b3fc0432afaefc6acd6f8f9a2fcbc7e9842","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3ef0ea8516ba96d1a8f537099df6b3fc0432afaefc6acd6f8f9a2fcbc7e9842","downloaded_from":"2026-09-10T00:21:10.890Z","last_downloaded_at":"2026-09-10T00:21:10.890Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481821","source_sha256":"ac6a387a30cc00e5e1ee3556b1eca4ec828055a95c9daeacb3987662f222a89f"}}