# ASC 715-20-50: Compensation—Retirement Benefits — Defined Benefit Plans—General — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/715/20/#50-disclosure) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:5a7c5d70b06b3849a944203290b938174abba6b9b9fc26bb362b3c2b19caf05e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 715-20-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/715/20/#50-disclosure) SEC content: no #### Disclosures by Public Entities ##### [715-20-50-1](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1) Pending content: yes Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:0a295322a9b0ea8e405aa4bfe93024c83784a671e2ac7c11a9f6d1b10e712188 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An employer that sponsors one or more defined benefit pension plans or one or more defined benefit other postretirement plans shall provide the following information, separately for pension plans and other postretirement benefit plans. Amounts related to the employer's results of operations shall be disclosed for each period for which a statement of income is presented. Amounts related to the employer's statement of financial position shall be disclosed as of the date of each statement of financial position presented. All of the following shall be disclosed: 1. a A reconciliation of beginning and ending balances of the benefit obligation showing separately, if applicable, the effects during the period attributable to each of the following: 1. 1 Service cost 2. 2 Interest cost 3. 3 Contributions by plan participants 4. 4 Actuarial gains and losses 5. 5 Foreign currency exchange rate changes (The effects of foreign currency exchange rate changes that are to be disclosed are those applicable to plans of a foreign operation whose functional currency is not the reporting currency pursuant to Section 830-10-45.) 6. 6 Benefits paid 7. 7 Plan amendments 8. 8 Business combinations 9. 9 Divestitures 10. 10 Curtailments, settlements, and special and contractual termination benefits. For defined benefit pension plans, the benefit obligation is the projected benefit obligation. For defined benefit other postretirement plans, the benefit obligation is the accumulated postretirement benefit obligation. 2. b A reconciliation of beginning and ending balances of the fair value of plan assets showing separately, if applicable, the effects during the period attributable to each of the following: 1. 1 Actual return on plan assets 2. 2 Foreign currency exchange rate changes (see (a)(5)) 3. 3 Contributions by the employer 4. 4 Contributions by plan participants 5. 5 Benefits paid 6. 6 Business combinations 7. 7 Divestitures 8. 8 Settlements. 3. c The funded status of the plans and the amounts recognized in the statement of financial position, showing separately the assets and current and noncurrent liabilities recognized. 4. d The objectives of the disclosures about postretirement benefit plan assets are to provide users of financial statements with an understanding of: 1. 1 How investment allocation decisions are made, including the factors that are pertinent to an understanding of investment policies and strategies 2. 2 The classes of plan assets 3. 3 The inputs and valuation techniques used to measure the fair value of plan assets 4. 4 The effect of fair value measurements using significant unobservable inputs (Level 3) on changes in plan assets for the period 5. 5 Significant concentrations of risk within plan assets. An employer shall consider those overall objectives in providing the following information about plan assets: 1. i A narrative description of investment policies and strategies, including target allocation percentages or range of percentages considering the classes of plan assets disclosed pursuant to (ii) below, as of the latest statement of financial position presented (on a weighted-average basis for employers with more than one plan), and other factors that are pertinent to an understanding of those policies and strategies such as investment goals, risk management practices, permitted and prohibited investments including the use of derivatives, diversification, and the relationship between plan assets and benefit obligations. For investment funds disclosed as classes as described in (ii) below, a description of the significant investment strategies of those funds shall be provided. 2. ii The fair value of each class of plan assets as of each date for which a statement of financial position is presented. For additional guidance on determining appropriate classes of plan assets, see paragraph [820-10-50-2B](https://asc.understandingaccounting.org/asc/820/10/#820-10-50-2B). Examples of classes of assets could include, but are not limited to, the following: cash and [cash equivalents](https://asc.understandingaccounting.org/glossary/c/#cash-equivalents "Cash equivalents are short-term, highly liquid investments that have both of the following characteristics: Readily convertible to known amounts of cash So near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month U.S. Treasury bill and a three-year U.S. Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Examples of items commonly considered to be cash equivalents are Treasury bills, commercial paper, money market funds, and federal funds sold (for an entity with banking operations)."); equity securities (segregated by industry type, company size, or investment objective); debt securities issued by national, state, and local governments; corporate debt securities; asset-backed securities; structured debt; derivatives on a gross basis (segregated by type of underlying risk in the contract, for example, interest rate contracts, foreign exchange contracts, equity contracts, commodity contracts, credit contracts, and other contracts); investment funds (segregated by type of fund); and real estate. Those examples are not meant to be all inclusive. An employer should consider the overall objectives in paragraph [715-20-50-1(d)(1) through (5)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1) in determining whether additional classes of plan assets or further disaggregation of classes should be disclosed. If an employer determines the measurement date of plan assets in accordance with paragraph [715-30-35-63A](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-63A) or [715-60-35-123A](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-123A) and the employer contributes assets to the plan between the measurement date and its fiscal year-end, the employer shall not adjust the fair value of each class of plan assets for the effects of the contribution. Instead, the employer shall disclose the amount of the contribution to permit reconciliation of the total fair value of all the classes of plan assets to the ending balance of the fair value of plan assets. For example, the contribution could be disclosed as follows: - ![](https://asc.understandingaccounting.org/asc-img/GUID-6A351B2A-3F40-4FC6-A98E-2B9660FC9F02-low.gif) Fair Value Measurements at "February 3, 20X5 (in thousands)" Asset Class Total "Quoted Prices in Active Markets for Identical Assets (Level 1)" "Significant Observable Inputs (Level 2)" "Significant Unobservable Inputs (Level 3)" Cash " $14,770 " " $14,770 " $- $- Equity securities: U.S. companies " 41,200 " " 37,000 " " 1,200 " " 3,000 " International companies " 32,900 " " 24,000 " " 7,600 " " 1,300 " Mortgage-backed securities " 13,335 " - " 12,780 " 555 Assets at fair value at measurement date of 1/31/20X5 " 102,205 " " $75,770 " " $21,580 " " $4,855 " Contributions after measurement date " 25,000 " Total assets reported at 2/3/20X5 " $127,205 " 3. iii A narrative description of the basis used to determine the overall expected long-term rate-of-return-on-assets assumption, such as the general approach used, the extent to which the overall rate-of-return-on-assets assumption was based on historical returns, the extent to which adjustments were made to those historical returns in order to reflect expectations of future returns, and how those adjustments were determined. The description should consider the classes of assets as described in (ii) above, as appropriate. 4. iv Information that enables users of financial statements to assess the inputs and valuation techniques used to develop fair value measurements of plan assets at the reporting date. For fair value measurements using significant unobservable inputs, an employer shall disclose the effect of the measurements on changes in plan assets for the period. To meet those objectives, the employer shall disclose the following information for each class of plan assets disclosed pursuant to (ii) above for each annual period: 1. 01 The level of the fair value hierarchy within which the fair value measurements are categorized in their entirety, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). The guidance in paragraphs [820-10-35-37 through 35-37A](https://asc.understandingaccounting.org/asc/820/10/#820-10-35-37) is applicable. Investments for which fair value is measured using the net asset value per share (or its equivalent) practical expedient in paragraph [820-10-35-59](https://asc.understandingaccounting.org/asc/820/10/#820-10-35-59) shall not be categorized within the fair value hierarchy, as noted by paragraph [820-10-35-54B](https://asc.understandingaccounting.org/asc/820/10/#820-10-35-54B). If an employer determines the measurement date of plan assets in accordance with paragraph [715-30-35-63A](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-63A) or [715-60-35-123A](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-123A) and the employer contributes assets to the plan between the measurement date and its fiscal year-end, the employer shall not adjust the fair value of each class of plan assets for the effects of the contribution. Instead, the employer shall disclose the amount of the contribution to permit reconciliation of the total fair value of all plan assets in the fair value hierarchy to the ending balance of the fair value of plan assets. For example, the contribution could be disclosed as follows: - ![](https://asc.understandingaccounting.org/asc-img/GUID-6A351B2A-3F40-4FC6-A98E-2B9660FC9F02-low.gif) Fair Value Measurements at "February 3, 20X5 (in thousands)" Asset Class Total "Quoted Prices in Active Markets for Identical Assets (Level 1)" "Significant Observable Inputs (Level 2)" "Significant Unobservable Inputs (Level 3)" Cash " $14,770 " " $14,770 " $- $- Equity securities: U.S. companies " 41,200 " " 37,000 " " 1,200 " " 3,000 " International companies " 32,900 " " 24,000 " " 7,600 " " 1,300 " Mortgage-backed securities " 13,335 " - " 12,780 " 555 Assets at fair value at measurement date of 1/31/20X5 " 102,205 " " $75,770 " " $21,580 " " $4,855 " Contributions after measurement date " 25,000 " Total assets reported at 2/3/20X5 " $127,205 " 2. 02 For fair value measurements of plan assets using significant unobservable inputs (Level 3), a reconciliation from the opening balances to the closing balances, disclosing separately changes during the period attributable to the following: 1. A Actual Return on Plan Assets (Component of [Net Periodic Postretirement Benefit Cost](https://asc.understandingaccounting.org/glossary/n/#net-periodic-postretirement-benefit-cost "The amount recognized in an employer's financial statements as the cost of a postretirement benefit plan for a period. Components of net periodic postretirement benefit cost include service cost, interest cost, actual return on plan assets, gain or loss, amortization of prior service cost or credit, and amortization of the transition obligation or asset.")) or Actual Return on Plan Assets (Component of [Net Periodic Pension Cost](https://asc.understandingaccounting.org/glossary/n/#net-periodic-pension-cost "The amount recognized in an employer's financial statements as the cost of a pension plan for a period. Components of net periodic pension cost are service cost, interest cost, actual return on plan assets, gain or loss, amortization of prior service cost or credit, and amortization of the transition asset or obligation existing at the date of initial application of Subtopic 715-30. The term net periodic pension cost is used instead of net pension expense because the service cost component recognized in a period may be capitalized as part of an asset such as inventory.")), separately identifying the amount related to assets still held at the reporting date and the amount related to assets sold during the period 2. B Purchases, sales, and settlements, net 3. C The amounts of any transfers into or out of Level 3 (for example, transfers due to changes in the observability of significant inputs). 3. 03 Information about the valuation technique(s) and inputs used to measure fair value and a discussion of changes in valuation techniques and inputs, if any, during the period. 5. e For defined benefit pension plans, the accumulated benefit obligation. 6. f The benefits (as of the date of the latest statement of financial position presented) expected to be paid in each of the next five fiscal years, and in the aggregate for the five fiscal years thereafter. The expected benefits shall be estimated based on the same assumptions used to measure the entity's benefit obligation at the end of the year and shall include benefits attributable to estimated future employee service. 7. g The employer's best estimate, as soon as it can reasonably be determined, of contributions expected to be paid to the plan during the next fiscal year beginning after the date of the latest statement of financial position presented. Estimated contributions may be presented in the aggregate combining all of the following: 1. 1 Contributions required by funding regulations or laws 2. 2 Discretionary contributions 3. 3 Noncash contributions. 8. h The amount of net benefit cost recognized, showing separately all of the following: 1. 1 The service cost component 2. 2 The interest cost component 3. 3 The expected return on plan assets for the period 4. 4 The gain or loss component 5. 5 The prior service cost or credit component 6. 6 The transition asset or obligation component 7. 7 The gain or loss recognized due to settlements or curtailments. The line item(s) used in the income statement to present the components other than the service cost component shall be disclosed if the other components are not presented in a separate line item or items in the income statement. 9. i Separately the net gain or loss and net prior service cost or credit recognized in other comprehensive income for the period pursuant to paragraphs [715-30-35-11](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-11), [715-30-35-21](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-21), [715-60-35-16](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-16), and [715-60-35-25](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-25), and reclassification adjustments of other comprehensive income for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. 10. j The amounts in accumulated other comprehensive income that have not yet been recognized as components of net periodic benefit cost, showing separately the net gain or loss, net prior service cost or credit, and net transition asset or obligation. 11. k On a weighted-average basis, all of the following assumptions used in the accounting for the plans, specifying in a tabular format, the assumptions used to determine the benefit obligation and the assumptions used to determine net benefit cost: 1. 1 Discount rates (see paragraph [715-30-35-45](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-45) for a discussion of representationally faithful disclosure) 2. 2 Rates of compensation increase (for pay-related plans) 3. 3 Expected long-term rates of return on plan assets. 4. 4 Interest crediting rates (for cash balance plans and other plans with promised interest crediting rates). 12. l The assumed health care cost trend rate(s) for the next year used to measure the expected cost of benefits covered by the plan (gross eligible charges), and a general description of the direction and pattern of change in the assumed trend rates thereafter, together with the ultimate trend rate(s) and when that rate is expected to be achieved. 13. m [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 14. n If applicable, the amounts and types of securities of the employer and [related parties](https://asc.understandingaccounting.org/glossary/r/#related-parties "Related parties include: Affiliates of the entity Entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825-10-15, to be accounted for by the equity method by the investing entity Trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management Principal owners of the entity and members of their immediate families Management of the entity and members of their immediate families Other parties with which the entity may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.") included in plan assets. 15. o If applicable, any alternative method used to amortize prior service amounts or net gains and losses pursuant to paragraphs [715-30-35-13](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-13) and [715-30-35-25](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-25) or [715-60-35-18](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-18) and [715-60-35-31](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-31). 16. p If applicable, any substantive commitment, such as past practice or a history of regular benefit increases, used as the basis for accounting for the benefit obligation. 17. q If applicable, the cost of providing special or contractual termination benefits recognized during the period and a description of the nature of the event. 18. r An explanation of the following information: 1. 1 The reasons for significant gains and losses related to changes in the defined benefit obligation for the period 2. 2 Any other significant change in the benefit obligation or plan assets not otherwise apparent in the other disclosures required by this Subtopic. 19. s [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 20. t [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 21. u If applicable, the accounting policy election to measure plan assets and benefit obligations using the month-end that is closest to the employer's fiscal year-end in accordance with paragraph [715-30-35-63A](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-63A) or [715-60-35-123A](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-123A) and the month-end measurement date. Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance: [220-40-65-1](https://asc.understandingaccounting.org/asc/220/40/#220-40-65-1)An employer that sponsors one or more defined benefit pension plans or one or more defined benefit other postretirement plans shall provide the following information, separately for pension plans and other postretirement benefit plans. Amounts related to the employer's results of operations shall be disclosed for each period for which a statement of income is presented. Amounts related to the employer's statement of financial position shall be disclosed as of the date of each statement of financial position presented. All of the following shall be disclosed: 1. a A reconciliation of beginning and ending balances of the benefit obligation showing separately, if applicable, the effects during the period attributable to each of the following: 1. 1 Service cost 2. 2 Interest cost 3. 3 Contributions by plan participants 4. 4 Actuarial gains and losses 5. 5 Foreign currency exchange rate changes (The effects of foreign currency exchange rate changes that are to be disclosed are those applicable to plans of a foreign operation whose functional currency is not the reporting currency pursuant to Section 830-10-45.) 6. 6 Benefits paid 7. 7 Plan amendments 8. 8 Business combinations 9. 9 Divestitures 10. 10 Curtailments, settlements, and special and contractual termination benefits. For defined benefit pension plans, the benefit obligation is the projected benefit obligation. For defined benefit other postretirement plans, the benefit obligation is the accumulated postretirement benefit obligation. 2. b A reconciliation of beginning and ending balances of the fair value of plan assets showing separately, if applicable, the effects during the period attributable to each of the following: 1. 1 Actual return on plan assets 2. 2 Foreign currency exchange rate changes (see (a)(5)) 3. 3 Contributions by the employer 4. 4 Contributions by plan participants 5. 5 Benefits paid 6. 6 Business combinations 7. 7 Divestitures 8. 8 Settlements. 3. c The funded status of the plans and the amounts recognized in the statement of financial position, showing separately the assets and current and noncurrent liabilities recognized. 4. d The objectives of the disclosures about postretirement benefit plan assets are to provide users of financial statements with an understanding of: 1. 1 How investment allocation decisions are made, including the factors that are pertinent to an understanding of investment policies and strategies 2. 2 The classes of plan assets 3. 3 The inputs and valuation techniques used to measure the fair value of plan assets 4. 4 The effect of fair value measurements using significant unobservable inputs (Level 3) on changes in plan assets for the period 5. 5 Significant concentrations of risk within plan assets. An employer shall consider those overall objectives in providing the following information about plan assets: 1. i A narrative description of investment policies and strategies, including target allocation percentages or range of percentages considering the classes of plan assets disclosed pursuant to (ii) below, as of the latest statement of financial position presented (on a weighted-average basis for employers with more than one plan), and other factors that are pertinent to an understanding of those policies and strategies such as investment goals, risk management practices, permitted and prohibited investments including the use of derivatives, diversification, and the relationship between plan assets and benefit obligations. For investment funds disclosed as classes as described in (ii) below, a description of the significant investment strategies of those funds shall be provided. 2. ii The fair value of each class of plan assets as of each date for which a statement of financial position is presented. For additional guidance on determining appropriate classes of plan assets, see paragraph [820-10-50-2B](https://asc.understandingaccounting.org/asc/820/10/#820-10-50-2B). Examples of classes of assets could include, but are not limited to, the following: cash and [cash equivalents](https://asc.understandingaccounting.org/glossary/c/#cash-equivalents "Cash equivalents are short-term, highly liquid investments that have both of the following characteristics: Readily convertible to known amounts of cash So near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month U.S. Treasury bill and a three-year U.S. Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Examples of items commonly considered to be cash equivalents are Treasury bills, commercial paper, money market funds, and federal funds sold (for an entity with banking operations)."); equity securities (segregated by industry type, company size, or investment objective); debt securities issued by national, state, and local governments; corporate debt securities; asset-backed securities; structured debt; derivatives on a gross basis (segregated by type of underlying risk in the contract, for example, interest rate contracts, foreign exchange contracts, equity contracts, commodity contracts, credit contracts, and other contracts); investment funds (segregated by type of fund); and real estate. Those examples are not meant to be all inclusive. An employer should consider the overall objectives in paragraph [715-20-50-1(d)(1) through (5)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1) in determining whether additional classes of plan assets or further disaggregation of classes should be disclosed. If an employer determines the measurement date of plan assets in accordance with paragraph [715-30-35-63A](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-63A) or [715-60-35-123A](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-123A) and the employer contributes assets to the plan between the measurement date and its fiscal year-end, the employer shall not adjust the fair value of each class of plan assets for the effects of the contribution. Instead, the employer shall disclose the amount of the contribution to permit reconciliation of the total fair value of all the classes of plan assets to the ending balance of the fair value of plan assets. For example, the contribution could be disclosed as follows: - ![](https://asc.understandingaccounting.org/asc-img/GUID-6A351B2A-3F40-4FC6-A98E-2B9660FC9F02-low.gif) Fair Value Measurements at "February 3, 20X5 (in thousands)" Asset Class Total "Quoted Prices in Active Markets for Identical Assets (Level 1)" "Significant Observable Inputs (Level 2)" "Significant Unobservable Inputs (Level 3)" Cash " $14,770 " " $14,770 " $- $- Equity securities: U.S. companies " 41,200 " " 37,000 " " 1,200 " " 3,000 " International companies " 32,900 " " 24,000 " " 7,600 " " 1,300 " Mortgage-backed securities " 13,335 " - " 12,780 " 555 Assets at fair value at measurement date of 1/31/20X5 " 102,205 " " $75,770 " " $21,580 " " $4,855 " Contributions after measurement date " 25,000 " Total assets reported at 2/3/20X5 " $127,205 " 3. iii A narrative description of the basis used to determine the overall expected long-term rate-of-return-on-assets assumption, such as the general approach used, the extent to which the overall rate-of-return-on-assets assumption was based on historical returns, the extent to which adjustments were made to those historical returns in order to reflect expectations of future returns, and how those adjustments were determined. The description should consider the classes of assets as described in (ii) above, as appropriate. 4. iv Information that enables users of financial statements to assess the inputs and valuation techniques used to develop fair value measurements of plan assets at the reporting date. For fair value measurements using significant unobservable inputs, an employer shall disclose the effect of the measurements on changes in plan assets for the period. To meet those objectives, the employer shall disclose the following information for each class of plan assets disclosed pursuant to (ii) above for each annual period: 1. 01 The level of the fair value hierarchy within which the fair value measurements are categorized in their entirety, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). The guidance in paragraphs [820-10-35-37 through 35-37A](https://asc.understandingaccounting.org/asc/820/10/#820-10-35-37) is applicable. Investments for which fair value is measured using the net asset value per share (or its equivalent) practical expedient in paragraph [820-10-35-59](https://asc.understandingaccounting.org/asc/820/10/#820-10-35-59) shall not be categorized within the fair value hierarchy, as noted by paragraph [820-10-35-54B](https://asc.understandingaccounting.org/asc/820/10/#820-10-35-54B). If an employer determines the measurement date of plan assets in accordance with paragraph [715-30-35-63A](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-63A) or [715-60-35-123A](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-123A) and the employer contributes assets to the plan between the measurement date and its fiscal year-end, the employer shall not adjust the fair value of each class of plan assets for the effects of the contribution. Instead, the employer shall disclose the amount of the contribution to permit reconciliation of the total fair value of all plan assets in the fair value hierarchy to the ending balance of the fair value of plan assets. For example, the contribution could be disclosed as follows: - ![](https://asc.understandingaccounting.org/asc-img/GUID-6A351B2A-3F40-4FC6-A98E-2B9660FC9F02-low.gif) Fair Value Measurements at "February 3, 20X5 (in thousands)" Asset Class Total "Quoted Prices in Active Markets for Identical Assets (Level 1)" "Significant Observable Inputs (Level 2)" "Significant Unobservable Inputs (Level 3)" Cash " $14,770 " " $14,770 " $- $- Equity securities: U.S. companies " 41,200 " " 37,000 " " 1,200 " " 3,000 " International companies " 32,900 " " 24,000 " " 7,600 " " 1,300 " Mortgage-backed securities " 13,335 " - " 12,780 " 555 Assets at fair value at measurement date of 1/31/20X5 " 102,205 " " $75,770 " " $21,580 " " $4,855 " Contributions after measurement date " 25,000 " Total assets reported at 2/3/20X5 " $127,205 " 2. 02 For fair value measurements of plan assets using significant unobservable inputs (Level 3), a reconciliation from the opening balances to the closing balances, disclosing separately changes during the period attributable to the following: 1. A Actual Return on Plan Assets (Component of [Net Periodic Postretirement Benefit Cost](https://asc.understandingaccounting.org/glossary/n/#net-periodic-postretirement-benefit-cost "The amount recognized in an employer's financial statements as the cost of a postretirement benefit plan for a period. Components of net periodic postretirement benefit cost include service cost, interest cost, actual return on plan assets, gain or loss, amortization of prior service cost or credit, and amortization of the transition obligation or asset.")) or Actual Return on Plan Assets (Component of [Net Periodic Pension Cost](https://asc.understandingaccounting.org/glossary/n/#net-periodic-pension-cost "The amount recognized in an employer's financial statements as the cost of a pension plan for a period. Components of net periodic pension cost are service cost, interest cost, actual return on plan assets, gain or loss, amortization of prior service cost or credit, and amortization of the transition asset or obligation existing at the date of initial application of Subtopic 715-30. The term net periodic pension cost is used instead of net pension expense because the service cost component recognized in a period may be capitalized as part of an asset such as inventory.")), separately identifying the amount related to assets still held at the reporting date and the amount related to assets sold during the period 2. B Purchases, sales, and settlements, net 3. C The amounts of any transfers into or out of Level 3 (for example, transfers due to changes in the observability of significant inputs). 3. 03 Information about the valuation technique(s) and inputs used to measure fair value and a discussion of changes in valuation techniques and inputs, if any, during the period. 5. e For defined benefit pension plans, the accumulated benefit obligation. 6. f The benefits (as of the date of the latest statement of financial position presented) expected to be paid in each of the next five fiscal years, and in the aggregate for the five fiscal years thereafter. The expected benefits shall be estimated based on the same assumptions used to measure the entity's benefit obligation at the end of the year and shall include benefits attributable to estimated future employee service. 7. g The employer's best estimate, as soon as it can reasonably be determined, of contributions expected to be paid to the plan during the next fiscal year beginning after the date of the latest statement of financial position presented. Estimated contributions may be presented in the aggregate combining all of the following: 1. 1 Contributions required by funding regulations or laws 2. 2 Discretionary contributions 3. 3 Noncash contributions. 8. h The amount of net benefit cost recognized, showing separately all of the following: 1. 1 The service cost component 2. 2 The interest cost component 3. 3 The expected return on plan assets for the period 4. 4 The gain or loss component 5. 5 The prior service cost or credit component 6. 6 The transition asset or obligation component 7. 7 The gain or loss recognized due to settlements or curtailments. The line item(s) used in the income statement to present the components other than the service cost component shall be disclosed if the other components are not presented in a separate line item or items in the income statement. See paragraphs [220-40-50-21 through 50-25](https://asc.understandingaccounting.org/asc/220/40/#220-40-50-21) for additional disclosure requirements. 9. i Separately the net gain or loss and net prior service cost or credit recognized in other comprehensive income for the period pursuant to paragraphs [715-30-35-11](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-11), [715-30-35-21](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-21), [715-60-35-16](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-16), and [715-60-35-25](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-25), and reclassification adjustments of other comprehensive income for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. 10. j The amounts in accumulated other comprehensive income that have not yet been recognized as components of net periodic benefit cost, showing separately the net gain or loss, net prior service cost or credit, and net transition asset or obligation. 11. k On a weighted-average basis, all of the following assumptions used in the accounting for the plans, specifying in a tabular format, the assumptions used to determine the benefit obligation and the assumptions used to determine net benefit cost: 1. 1 Discount rates (see paragraph [715-30-35-45](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-45) for a discussion of representationally faithful disclosure) 2. 2 Rates of compensation increase (for pay-related plans) 3. 3 Expected long-term rates of return on plan assets. 4. 4 Interest crediting rates (for cash balance plans and other plans with promised interest crediting rates). 12. l The assumed health care cost trend rate(s) for the next year used to measure the expected cost of benefits covered by the plan (gross eligible charges), and a general description of the direction and pattern of change in the assumed trend rates thereafter, together with the ultimate trend rate(s) and when that rate is expected to be achieved. 13. m [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 14. n If applicable, the amounts and types of securities of the employer and [related parties](https://asc.understandingaccounting.org/glossary/r/#related-parties "Related parties include: Affiliates of the entity Entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825-10-15, to be accounted for by the equity method by the investing entity Trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management Principal owners of the entity and members of their immediate families Management of the entity and members of their immediate families Other parties with which the entity may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.") included in plan assets. 15. o If applicable, any alternative method used to amortize prior service amounts or net gains and losses pursuant to paragraphs [715-30-35-13](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-13) and [715-30-35-25](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-25) or [715-60-35-18](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-18) and [715-60-35-31](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-31). 16. p If applicable, any substantive commitment, such as past practice or a history of regular benefit increases, used as the basis for accounting for the benefit obligation. 17. q If applicable, the cost of providing special or contractual termination benefits recognized during the period and a description of the nature of the event. 18. r An explanation of the following information: 1. 1 The reasons for significant gains and losses related to changes in the defined benefit obligation for the period 2. 2 Any other significant change in the benefit obligation or plan assets not otherwise apparent in the other disclosures required by this Subtopic. 19. s [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 20. t [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 21. u If applicable, the accounting policy election to measure plan assets and benefit obligations using the month-end that is closest to the employer's fiscal year-end in accordance with paragraph [715-30-35-63A](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-63A) or [715-60-35-123A](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-123A) and the month-end measurement date. #### Entities (Public and Nonpublic) with Two or More Plans ##### [715-20-50-2](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:1f1e7308a51044228328187deb8bd4c94cda626410e46198d4c815e58fbf007b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The disclosures required by this Subtopic shall be aggregated for all of an employer's defined benefit pension plans and for all of an employer's other defined benefit postretirement plans unless disaggregating in groups is considered to provide useful information or is otherwise required by the following paragraph and paragraph [715-20-50-4](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-4). ##### [715-20-50-3](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:198c05edc705d3cbbec806d1997ba09b0345e51754aaeb5de7ed4eca0ffaa6aa Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If aggregate disclosures are presented, an employer shall disclose, as of the date of each statement of financial position presented, both of the following: 1. a For pension plans, the projected benefit obligation and fair value of plan assets for plans with projected benefit obligations in excess of plan assets, and the accumulated benefit obligation and fair value of plan assets for plans with accumulated benefit obligations in excess of plan assets 2. b For other postretirement benefit plans, the accumulated postretirement benefit obligation and fair value of plan assets for plans with accumulated postretirement benefit obligations in excess of plan assets. ##### [715-20-50-4](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:3fbd08059b45898864701b00f1055ef993dc82cbe244d107057860aadb836304 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A U.S. reporting entity may combine disclosures about pension plans or other postretirement benefit plans outside the United States with those for U.S. plans unless the benefit obligations of the plans outside the United States are significant relative to the total benefit obligation and those plans use significantly different assumptions. A foreign reporting entity that prepares financial statements in conformity with U.S. generally accepted accounting principles (GAAP) shall apply the preceding guidance to its domestic and foreign plans. #### Disclosures by Nonpublic Entities ##### [715-20-50-5](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:29f7694bb12a4ee36edb1122f387fde8b08751a351a221f82fc41b0746bfaff9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A [nonpublic entity](https://asc.understandingaccounting.org/glossary/n/#nonpublic-entity "Any entity that does not meet any of the following conditions: Its debt or equity securities trade in a public market either on a stock exchange (domestic or foreign) or in an over-the-counter market, including securities quoted only locally or regionally. It is a conduit bond obligor for conduit debt securities that are traded in a public market (a domestic or foreign stock exchange or an over-the-counter market, including local or regional markets). It files with a regulatory agency in preparation for the sale of any class of debt or equity securities in a public market. It is required to file or furnish financial statements with the Securities and Exchange Commission. It is controlled by an entity covered by criteria (a) through (d).") is not required to disclose the information required by paragraph [715-20-50-1(a) through (c)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1), [715-20-50-1(h)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1), [715-20-50-1(o) through (q)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1), and [715-20-50-1(r)(2)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1). A nonpublic entity that sponsors one or more defined benefit pension plans or one or more other defined benefit postretirement plans shall provide all of the following information, separately for pension plans and other postretirement benefit plans. Amounts related to the employer's results of operations shall be disclosed for each period for which a statement of income is presented. Amounts related to the employer's statement of financial position shall be disclosed as of the date of each statement of financial position presented. 1. a The benefit obligation, fair value of plan assets, and funded status of the plan. 2. b Employer contributions, participant contributions, and benefits paid. 3. c The objectives of the disclosures about postretirement benefit plan assets are to provide users of financial statements with an understanding of: 1. 1 How investment allocation decisions are made, including the factors that are pertinent to an understanding of investment policies and strategies 2. 2 The classes of plan assets 3. 3 The inputs and valuation techniques used to measure the fair value of plan assets 4. 4 The effect of fair value measurements using significant unobservable inputs (Level 3) on changes in plan assets for the period 5. 5 Significant concentrations of risk within plan assets. An employer shall consider those overall objectives in providing the following information about plan assets: 1. i A narrative description of investment policies and strategies, including target allocation percentages or range of percentages considering the classes of plan assets disclosed pursuant to (ii) below, as of the latest statement of financial position presented (on a weighted-average basis for employers with more than one plan), and other factors that are pertinent to an understanding of those policies and strategies such as investment goals, risk management practices, permitted and prohibited investments including the use of derivatives, diversification, and the relationship between plan assets and benefit obligations. For investment funds disclosed as classes as described in (ii) below, a description of the significant investment strategies of those funds shall be provided. 2. ii The fair value of each class of plan assets as of each date for which a statement of financial position is presented. For additional guidance on determining appropriate classes of plan assets, see paragraph [820-10-50-2B](https://asc.understandingaccounting.org/asc/820/10/#820-10-50-2B). Examples of classes of assets could include, but are not limited to, the following: cash and cash equivalents; equity securities (segregated by industry type, company size, or investment objective); debt securities issued by national, state, and local governments; corporate debt securities; asset-backed securities; structured debt; derivatives on a gross basis (segregated by type of underlying risk in the contract, for example, interest rate contracts, foreign exchange contracts, equity contracts, commodity contracts, credit contracts, and other contracts); investment funds (segregated by type of fund); and real estate. Those examples are not meant to be all inclusive. An employer should consider the overall objectives in paragraph [715-20-50-5(c)(1) through (5)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-5) in determining whether additional classes of plan assets or further disaggregation of classes should be disclosed. If an employer determines the measurement date of plan assets in accordance with paragraph [715-30-35-63A](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-63A) or [715-60-35-123A](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-123A) and the employer contributes assets to the plan between the measurement date and its fiscal year-end, the employer shall not adjust the fair value of each class of plan assets for the effects of the contribution. Instead, the employer shall disclose the amount of the contribution to permit reconciliation of the total fair value of all the classes of plan assets to the ending balance of the fair value of plan assets. For example, the contribution could be disclosed as follows: - ![](https://asc.understandingaccounting.org/asc-img/GUID-6A351B2A-3F40-4FC6-A98E-2B9660FC9F02-low.gif) Fair Value Measurements at "February 3, 20X5 (in thousands)" Asset Class Total "Quoted Prices in Active Markets for Identical Assets (Level 1)" "Significant Observable Inputs (Level 2)" "Significant Unobservable Inputs (Level 3)" Cash " $14,770 " " $14,770 " $- $- Equity securities: U.S. companies " 41,200 " " 37,000 " " 1,200 " " 3,000 " International companies " 32,900 " " 24,000 " " 7,600 " " 1,300 " Mortgage-backed securities " 13,335 " - " 12,780 " 555 Assets at fair value at measurement date of 1/31/20X5 " 102,205 " " $75,770 " " $21,580 " " $4,855 " Contributions after measurement date " 25,000 " Total assets reported at 2/3/20X5 " $127,205 " 3. iii A narrative description of the basis used to determine the overall expected long-term rate-of-return-on-assets assumption, such as the general approach used, the extent to which the overall rate-of-return-on-assets assumption was based on historical returns, the extent to which adjustments were made to those historical returns in order to reflect expectations of future returns, and how those adjustments were determined. The description should consider the classes of assets described in (ii) above, as appropriate. 4. iv Information that enables users of financial statements to assess the inputs and valuation techniques used to develop fair value measurements of plan assets at the reporting date. For fair value measurements using significant unobservable inputs, an employer shall disclose the effect of the measurements on changes in plan assets for the period. To meet those objectives, the employer shall disclose the following information for each class of plan assets disclosed pursuant to (ii) above for each annual period: 1. 01 The level of the fair value hierarchy within which the fair value measurements are categorized in their entirety, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). The guidance in paragraphs [820-10-35-37 through 35-37A](https://asc.understandingaccounting.org/asc/820/10/#820-10-35-37) is applicable. Investments for which fair value is measured using the net asset value per share (or its equivalent) practical expedient in paragraph [820-10-35-59](https://asc.understandingaccounting.org/asc/820/10/#820-10-35-59) shall not be categorized within the fair value hierarchy, as noted by paragraph [820-10-35-54B](https://asc.understandingaccounting.org/asc/820/10/#820-10-35-54B). If an employer determines the measurement date of plan assets in accordance with paragraph [715-30-35-63A](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-63A) or [715-60-35-123A](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-123A) and the employer contributes assets to the plan between the measurement date and its fiscal year-end, the employer shall not adjust the fair value of each class of plan assets for the effects of the contribution. Instead, the employer shall disclose the amount of the contribution to permit reconciliation of the total fair value of all plan assets in the fair value hierarchy to the ending balance of the fair value of plan assets. For example, the contribution could be disclosed as follows: - ![](https://asc.understandingaccounting.org/asc-img/GUID-6A351B2A-3F40-4FC6-A98E-2B9660FC9F02-low.gif) Fair Value Measurements at "February 3, 20X5 (in thousands)" Asset Class Total "Quoted Prices in Active Markets for Identical Assets (Level 1)" "Significant Observable Inputs (Level 2)" "Significant Unobservable Inputs (Level 3)" Cash " $14,770 " " $14,770 " $- $- Equity securities: U.S. companies " 41,200 " " 37,000 " " 1,200 " " 3,000 " International companies " 32,900 " " 24,000 " " 7,600 " " 1,300 " Mortgage-backed securities " 13,335 " - " 12,780 " 555 Assets at fair value at measurement date of 1/31/20X5 " 102,205 " " $75,770 " " $21,580 " " $4,855 " Contributions after measurement date " 25,000 " Total assets reported at 2/3/20X5 " $127,205 " 2. 02 For fair value measurements of plan assets using significant unobservable inputs (Level 3), the amounts of purchases and any transfers into or out of Level 3 (for example, transfers due to changes in the observability of significant inputs), disclosed separately. 1. A [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 2. B [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 3. C [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 3. 03 Information about the valuation technique(s) and inputs used to measure fair value and a discussion of changes in valuation techniques and inputs, if any, during the period. 4. d For defined benefit pension plans, the accumulated benefit obligation. 5. e The benefits (as of the date of the latest statement of financial position presented) expected to be paid in each of the next five fiscal years, and in the aggregate for the five fiscal years thereafter. The expected benefits shall be estimated based on the same assumptions used to measure the entity's benefit obligation at the end of the year and shall include benefits attributable to estimated future employee service. 6. f The employer's best estimate, as soon as it can reasonably be determined, of contributions expected to be paid to the plan during the next fiscal year beginning after the date of the latest statement of financial position presented. Estimated contributions may be presented in the aggregate combining any of the following: 1. 1 Contributions required by funding regulations or laws 2. 2 Discretionary contributions 3. 3 Noncash contributions. 7. g The amounts recognized in the statements of financial position, showing separately the postretirement benefit assets and current and noncurrent postretirement benefit liabilities. 8. h Separately, the net gain or loss and net prior service cost or credit recognized in other comprehensive income for the period pursuant to paragraphs [715-30-35-11](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-11), [715-30-35-21](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-21), [715-60-35-16](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-16), and [715-60-35-25](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-25) and reclassification adjustments of other comprehensive income for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. 9. i The amounts in accumulated other comprehensive income that have not yet been recognized as components of net periodic benefit cost, showing separately the net gain or loss, net prior service cost or credit, and net transition asset or obligation. 10. j On a weighted-average basis, all of the following assumptions used in the accounting for the plans, specifying in a tabular format, the assumptions used to determine the benefit obligation and the assumptions used to determine net benefit cost: 1. 1 Discount rates (see paragraph [715-30-35-45](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-45) for a discussion of representationally faithful disclosure) 2. 2 Rates of compensation increase (for pay-related plans) 3. 3 Expected long-term rates of return on plan assets. 4. 4 Interest crediting rates (for cash balance plans and other plans with promised interest crediting rates). 11. k The assumed health care cost trend rate(s) for the next year used to measure the expected cost of benefits covered by the plan (gross eligible charges), and a general description of the direction and pattern of change in the assumed trend rates thereafter, together with the ultimate trend rate(s) and when that rate is expected to be achieved. 12. l If applicable, the amounts and types of securities of the employer and related parties included in plan assets. 13. m The nature and effect of significant nonroutine events, such as amendments, combinations, divestitures, curtailments, and settlements. 14. n [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 15. o [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/). 16. p If applicable, the accounting policy election to measure plan assets and benefit obligations using the month-end that is closest to the employer's fiscal year-end in accordance with paragraph [715-30-35-63A](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-63A) or [715-60-35-123A](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-123A) and the month-end measurement date. 17. q The amount of net periodic benefit cost recognized. In addition, if the components other than the service cost component are not presented in a separate line item or items in the income statement, the amount of the other components and the line item(s) used in the income statement to present them shall be disclosed. 18. r An explanation of the reasons for significant gains and losses related to changes in the benefit obligation for the period. #### Interim Disclosure Requirements for Publicly Traded Entities ##### [715-20-50-6](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-6) Pending content: no Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:2b3f5a67c59fd60377bc8a6a796d9642d176aec4a0db58c557212ebdd7082b67 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A [publicly traded entity](https://asc.understandingaccounting.org/glossary/p/#publicly-traded-entity-or-public-entity "Any entity that does not meet the definition of a nonpublic entity.") shall disclose the following information for its interim financial statements that include a statement of income: 1. a The amount of net benefit cost recognized, for each period for which a statement of income is presented, showing separately each of the following: 1. 1 The service cost component 2. 2 The interest cost component 3. 3 The expected return on plan assets for the period 4. 4 The gain or loss component 5. 5 The prior service cost or credit component 6. 6 The transition asset or obligation component 7. 7 The gain or loss recognized due to a settlement or curtailment. The line item(s) used in the income statement to present the components other than the service cost component shall be disclosed if the other components are not presented in a separate line item or items in the income statement. 2. b The total amount of the employer's contributions paid, and expected to be paid, during the current fiscal year, if significantly different from amounts previously disclosed pursuant to paragraph [715-20-50-1(g)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1). Estimated contributions may be presented in the aggregate combining all of the following: 1. 1 Contributions required by funding regulations or laws 2. 2 Discretionary contributions 3. 3 Noncash contributions. #### Interim Disclosure Requirements for Nonpublic Entities ##### [715-20-50-7](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-7) Pending content: no Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:0ed1c449a5bde334a2c2bf6e3bde37471fa85c674c04d7504519e14a5440acd3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A nonpublic entity shall disclose in interim periods for which a complete set of financial statements is presented the total amount of the employer's contributions paid, and expected to be paid, during the current fiscal year, if significantly different from amounts previously disclosed pursuant to paragraph [715-20-50-5(f)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-5). Estimated contributions may be presented in the aggregate combining all of the following: 1. a Contributions required by funding regulations or laws 2. b Discretionary contributions 3. c Noncash contributions. #### Disclosures Related to Expected Rate of Return on Plan Assets ##### [715-20-50-8](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-8) Pending content: no Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:c63b7a9ad3b61b96da8e2b5f67c37d946fae2f3a6a6a7271ed341f90bb22b9ce Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The weighted-average expected long-term rate of return on plan assets is used to determine net benefit cost, and, therefore, in the absence of a subsequent interim measurement of both pension or other postretirement plan assets and obligations (see paragraph [715-30-35-68](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-68)), the disclosed rate is the rate determined as of the beginning of the year. However, if that rate changes because of a subsequent interim measurement of both pension or other postretirement plan assets and obligations, disclosure of the beginning and more recently assumed rate, or a properly weighted combination of the two, shall be made. #### Disclosures Related to Japanese Governmental Settlement Transactions ##### [715-20-50-9](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-9) Pending content: no Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:ae5b1de80211f847f94275060b3e4c73ae1c4c44ce35541ad302b21e9e127b9b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/) ##### [715-20-50-10](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-10) Pending content: no Source downloaded (UTC): 2026-09-10T00:59:19.746Z to 2026-09-10T00:59:19.746Z Record version: sha256:cfadc407ffcc8608287324d208678cde8c9127b2fcd28503641c3db4be88f855 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/)