# ASC 420-10-45: Exit or Disposal Cost Obligations — Overall — 45 Other Presentation Matters

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/420/10/#45-other-presentation-matters)

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## ASC 420-10-45: 45 Other Presentation Matters

[Read section](https://asc.understandingaccounting.org/asc/420/10/#45-other-presentation-matters)

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#### Changes in Estimates

##### [420-10-45-1](https://asc.understandingaccounting.org/asc/420/10/#420-10-45-1)

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The cumulative effect of a change resulting from a revision to either the timing or the amount of estimated cash flows shall be reported in the same line item(s) in the income statement (statement of activities) used when the related costs were recognized initially in the period of change.

#### Exit or Disposal Activity Involving a Discontinued Operation

##### [420-10-45-2](https://asc.understandingaccounting.org/asc/420/10/#420-10-45-2)

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Costs associated with an exit or disposal activity involving a discontinued operation shall be included within the results of discontinued operations in accordance with Section 205-20-45.

#### Income from Continuing Operations

##### [420-10-45-3](https://asc.understandingaccounting.org/asc/420/10/#420-10-45-3)

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Costs associated with an exit or disposal activity that does not involve a discontinued operation shall be included in income from continuing operations before income taxes in the income statement of a business entity and in income from continuing operations in the statement of activities of a not-for-profit entity (NFP). Separate presentation of exit and disposal costs in the income statement is not prohibited. If a subtotal such as income from operations is presented, it shall include the amounts of those costs.

##### [420-10-45-4](https://asc.understandingaccounting.org/asc/420/10/#420-10-45-4)

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[Paragraph not used](https://asc.understandingaccounting.org/updates/page-1833002/).

##### [420-10-45-5](https://asc.understandingaccounting.org/asc/420/10/#420-10-45-5)

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Accretion expense shall not be considered interest cost for purposes of classification in the income statement (statement of activities).

##### [420-10-45-6](https://asc.understandingaccounting.org/asc/420/10/#420-10-45-6)

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See paragraph [420-10-40-1](https://asc.understandingaccounting.org/asc/420/10/#420-10-40-1) for the income statement presentation when the liability is reversed.