# ASC 815-10-50: Derivatives and Hedging — Overall — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/815/10/#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): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:89738863c8b2f43dffd0395266ef4b4e87dfa6fdca451ceabdfef53cbfb7d095 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 815-10-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/815/10/#50-disclosure) SEC content: no ##### [815-10-50-1](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-1) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:a13af8c6df0b2dafcef80c128c4a23bf9c131f9b079e2560702e44ed995fd267 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity with [derivative instruments](https://asc.understandingaccounting.org/glossary/d/#derivative-instrument "Paragraphs 815-10-15-83815-10-15-84815-10-15-85815-10-15-86815-10-15-87815-10-15-88815-10-15-89815-10-15-90815-10-15-91815-10-15-92815-10-15-93815-10-15-94815-10-15-95815-10-15-96815-10-15-97815-10-15-98815-10-15-99815-10-15-100815-10-15-101815-10-15-102815-10-15-103815-10-15-104815-10-15-105815-10-15-106815-10-15-107815-10-15-108815-10-15-109815-10-15-110815-10-15-111815-10-15-112815-10-15-113815-10-15-114815-10-15-115815-10-15-116815-10-15-117815-10-15-118815-10-15-119815-10-15-120815-10-15-121815-10-15-122815-10-15-123815-10-15-124815-10-15-125815-10-15-126815-10-15-127815-10-15-128815-10-15-129815-10-15-130815-10-15-131815-10-15-132815-10-15-133815-10-15-134815-10-15-135815-10-15-136815-10-15-137815-10-15-138815-10-15-139 define the term derivative instrument.")(or nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) shall disclose information to enable users of the financial statements to understand all of the following: 1. a How and why an entity uses derivative instruments (or such nonderivative instruments) 2. b How derivative instruments (or such nonderivative instruments) and related hedged items are accounted for under Topic 815 3. c How derivative instruments (or such nonderivative instruments) and related hedged items affect all of the following: 1. 1 An entity's financial position 2. 2 An entity's financial performance 3. 3 An entity's cash flows. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)An entity with [derivative instruments](https://asc.understandingaccounting.org/glossary/d/#derivative-instrument "Paragraphs 815-10-15-83815-10-15-84815-10-15-85815-10-15-86815-10-15-87815-10-15-88815-10-15-89815-10-15-90815-10-15-91815-10-15-92815-10-15-93815-10-15-94815-10-15-95815-10-15-96815-10-15-97815-10-15-98815-10-15-99815-10-15-100815-10-15-101815-10-15-102815-10-15-103815-10-15-104815-10-15-105815-10-15-106815-10-15-107815-10-15-108815-10-15-109815-10-15-110815-10-15-111815-10-15-112815-10-15-113815-10-15-114815-10-15-115815-10-15-116815-10-15-117815-10-15-118815-10-15-119815-10-15-120815-10-15-121815-10-15-122815-10-15-123815-10-15-124815-10-15-125815-10-15-126815-10-15-127815-10-15-128815-10-15-129815-10-15-130815-10-15-131815-10-15-132815-10-15-133815-10-15-134815-10-15-135815-10-15-136815-10-15-137815-10-15-138815-10-15-139 define the term derivative instrument.")(or nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) shall disclose information to enable users of the financial statements to understand all of the following in interim and annual reporting periods: 1. a How and why an entity uses derivative instruments (or such nonderivative instruments) 2. b How derivative instruments (or such nonderivative instruments) and related hedged items are accounted for under Topic 815 3. c How derivative instruments (or such nonderivative instruments) and related hedged items affect all of the following: 1. 1 An entity's financial position 2. 2 An entity's financial performance 3. 3 An entity's cash flows. ##### [815-10-50-1A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-1A) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:bc6079ca21d64827f158a15aa1a3869a20194c44b987f46e1d3c0a46c7d0bee4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity that holds or issues derivative instruments (or nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) shall disclose all of the following for every annual and interim reporting period for which a statement of financial position and statement of financial performance are presented: 1. a Its objectives for holding or issuing those instruments 2. b The context needed to understand those objectives 3. c Its strategies for achieving those objectives 4. d Information that would enable users of its financial statements to understand the volume of its activity in those instruments. ##### [815-10-50-1B](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-1B) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:938a97eda36ee5f274ed5d473792c726db051ac84cacf3f77f66f22a48eb4768 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For item (d) in paragraph [815-10-50-1A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-1A), an entity shall select the format and the specifics of disclosures relating to its volume of such activity that are most relevant and practicable for its individual facts and circumstances. Information about the instruments in items (a) through (c) in paragraph [815-10-50-1A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-1A) shall be disclosed in the context of each instrument's primary underlying risk exposure (for example, interest rate, credit, foreign exchange rate, interest rate and foreign exchange rate, or overall price). Further, those instruments shall be distinguished between those used for risk management purposes and those used for other purposes. Derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) used for risk management purposes include those designated as hedging instruments under Subtopic 815-20 as well as those used as economic hedges and for other purposes related to the entity's risk exposures. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For item (d) in paragraph [815-10-50-1A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-1A), an entity shall select the format and the specifics of disclosures relating to its volume of such activity that are most relevant and practicable for its individual facts and circumstances. Information about the instruments in items (a) through (c) in paragraph [815-10-50-1A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-1A) shall be disclosed in the context of each instrument's primary underlying risk exposure (for example, interest rate, credit, foreign exchange rate, interest rate and foreign exchange rate, or overall price) in interim and annual reporting periods. Further, those instruments shall be distinguished between those used for risk management purposes and those used for other purposes. Derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) used for risk management purposes include those designated as hedging instruments under Subtopic 815-20 as well as those used as economic hedges and for other purposes related to the entity's risk exposures. ##### [815-10-50-2](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-2) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:70b82a76d9f21c79f79dc6a54bd89775c302975ec034233dcab630d88568005c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The instruments addressed by items (a) through (c) in paragraph [815-10-50-1A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-1A) shall be distinguished between each of the following: 1. a Derivative instruments (and nonderivative instruments as noted in items (1)(i) and (1)(iii) of this paragraph) used for risk management purposes, distinguished between each of the following: 1. 1 Derivative instruments (and nonderivative instruments) designated as hedging instruments, distinguished between each of the following: 1. i Derivative instruments (and nonderivative instruments) designated as fair value hedging instruments 2. ii Derivative instruments designated as cash flow hedging instruments 3. iii Derivative instruments (and nonderivative instruments) designated as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation. 2. 2 Derivative instruments used as economic hedges and for other purposes related to the entity's risk exposures. 2. b Derivative instruments used for other purposes. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, the instruments addressed by items (a) through (c) in paragraph [815-10-50-1A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-1A) shall be distinguished between each of the following: 1. a Derivative instruments (and nonderivative instruments as noted in items (1)(i) and (1)(iii) of this paragraph) used for risk management purposes, distinguished between each of the following: 1. 1 Derivative instruments (and nonderivative instruments) designated as hedging instruments, distinguished between each of the following: 1. i Derivative instruments (and nonderivative instruments) designated as fair value hedging instruments 2. ii Derivative instruments designated as cash flow hedging instruments 3. iii Derivative instruments (and nonderivative instruments) designated as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation. 2. 2 Derivative instruments used as economic hedges and for other purposes related to the entity's risk exposures. 2. b Derivative instruments used for other purposes. ##### [815-10-50-3](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-3) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:410c7c1cd969b545b3ff570c4547ae5e431e03bbd430215e60e9a75af36cc7a6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If the simplified hedge accounting approach (see paragraphs [815-20-25-133 through 25-138](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-133) ) is applied in accounting for a qualifying receive-variable, pay-fixed interest rate swap, the settlement value of that swap may be used in place of [fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.") when disclosing the information required by this Section or in providing other fair value disclosures, such as those required under Topic 820 on fair value. For the purposes of complying with these disclosure requirements, amounts disclosed at settlement value will be subject to all of the same disclosure requirements as amounts disclosed at fair value. Any amounts disclosed at settlement value shall be clearly stated as such and disclosed separately from amounts disclosed at fair value. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)If the simplified hedge accounting approach (see paragraphs [815-20-25-133 through 25-138](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-133) ) is applied in accounting for a qualifying receive-variable, pay-fixed interest rate swap, the settlement value of that swap may be used in place of [fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.") when disclosing the information required by this Section or in providing other fair value disclosures, such as those required under Topic 820 on fair value. For the purposes of complying with these disclosure requirements, amounts disclosed at settlement value will be subject to all of the same disclosure requirements as amounts disclosed at fair value. Any amounts disclosed at settlement value shall be clearly stated as such and disclosed separately from amounts disclosed at fair value in interim and annual reporting periods. ##### [815-10-50-4](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:f34471f82c3682268c08cc40c2d72d0bb1df73cad2e1d7ab7ec25f1566ed8a24 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For derivative instruments not designated as hedging instruments under Subtopic 815-20, the description shall indicate the purpose of the derivative activity. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For derivative instruments not designated as hedging instruments under Subtopic 815-20, the description shall indicate the purpose of the derivative activity in interim and annual reporting periods. #### Overall Quantitative Disclosures ##### [815-10-50-4A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:1192d58ae5b53af59a2e8447b504071b2a7316270ab409bdbfaa755a031d377a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity that holds or issues derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) shall disclose all of the following for every annual and interim reporting period for which a statement of financial position and statement of financial performance are presented: 1. a The location and fair value amounts of derivative instruments (and such nonderivative instruments) reported in the statement of financial position 2. b The location and amount of the gains and losses on derivative instruments (and such nonderivative instruments) and related hedged items reported in any of the following: 1. 1 The statement of financial performance 2. 2 The statement of financial position (for example, gains and losses initially recognized in [other comprehensive income](https://asc.understandingaccounting.org/glossary/o/#other-comprehensive-income "Revenues, expenses, gains, and losses that under generally accepted accounting principles (GAAP) are included in comprehensive income but excluded from net income.")). 3. c The total amount of each income and expense line item presented in the statement of financial performance in which the results of fair value or cash flow hedges are recorded. 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 entity that holds or issues derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) shall disclose all of the following for every annual and interim reporting period for which a statement of financial position and statement of financial performance are presented: 1. a The location and fair value amounts of derivative instruments (and such nonderivative instruments) reported in the statement of financial position 2. b The location and amount of the gains and losses on derivative instruments (and such nonderivative instruments) and related hedged items reported in any of the following: 1. 1 The statement of financial performance 2. 2 The statement of financial position (for example, gains and losses initially recognized in [other comprehensive income](https://asc.understandingaccounting.org/glossary/o/#other-comprehensive-income "Revenues, expenses, gains, and losses that under generally accepted accounting principles (GAAP) are included in comprehensive income but excluded from net income.")). 3. c The total amount of each income and expense line item presented in the statement of financial performance in which the results of fair value or cash flow hedges are recorded. See paragraphs [220-40-50-21 through 50-25](https://asc.understandingaccounting.org/asc/220/40/#220-40-50-21) for additional disclosure requirements. ##### [815-10-50-4B](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4B) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:750d877e72b24c947f2380593e9e6d50613960d4ec332b7b5b9d56931985d788 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The disclosures required by item (a) in paragraph [815-10-50-4A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) shall comply with all of the following: 1. a The fair value of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) shall be presented on a gross basis, even when those instruments are subject to master netting arrangements and qualify for net presentation in the statement of financial position in accordance with Subtopic 210-20 or paragraphs [815-10-45-5 through 45-7](https://asc.understandingaccounting.org/asc/815/10/#815-10-45-5) , as applicable. 2. b Cash collateral payables and receivables associated with those instruments shall not be added to or netted against the fair value amounts. 3. c Fair value amounts shall be presented as separate asset and liability values segregated between each of the following: 1. 1 Those instruments designated and qualifying as hedging instruments under Subtopic 815-20, presented separately by type of contract (for example, interest rate contracts, foreign exchange contracts, equity contracts, commodity contracts, credit contracts, other contracts, and so forth) 2. 2 Those instruments not designated as hedging instruments, presented separately by type of contract. 4. d The disclosure shall identify the line item(s) in the statement of financial position in which the fair value amounts for these categories of derivative instruments are included. Amounts required to be reported for nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66) shall be the carrying value of the nonderivative hedging instrument, which includes the adjustment for the foreign currency transaction gain or loss on that instrument. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)The disclosures required by item (a) in paragraph [815-10-50-4A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) shall comply with all of the following in interim and annual reporting periods: 1. a The fair value of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) shall be presented on a gross basis, even when those instruments are subject to master netting arrangements and qualify for net presentation in the statement of financial position in accordance with Subtopic 210-20 or paragraphs [815-10-45-5 through 45-7](https://asc.understandingaccounting.org/asc/815/10/#815-10-45-5) , as applicable. 2. b Cash collateral payables and receivables associated with those instruments shall not be added to or netted against the fair value amounts. 3. c Fair value amounts shall be presented as separate asset and liability values segregated between each of the following: 1. 1 Those instruments designated and qualifying as hedging instruments under Subtopic 815-20, presented separately by type of contract (for example, interest rate contracts, foreign exchange contracts, equity contracts, commodity contracts, credit contracts, other contracts, and so forth) 2. 2 Those instruments not designated as hedging instruments, presented separately by type of contract. 4. d The disclosure shall identify the line item(s) in the statement of financial position in which the fair value amounts for these categories of derivative instruments are included. Amounts required to be reported for nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66) shall be the carrying value of the nonderivative hedging instrument, which includes the adjustment for the foreign currency transaction gain or loss on that instrument. ##### [815-10-50-4C](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4C) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:7c8e351cf81f4db60238215e12403c9bd058b46b40a06289216803a7be1c4378 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For qualifying fair value and [cash flow hedges](https://asc.understandingaccounting.org/glossary/c/#cash-flow-hedge "A hedge of the exposure to variability in the cash flows of a recognized asset or liability, or of a forecasted transaction, that is attributable to a particular risk."), the gains and losses disclosed pursuant to paragraph [815-10-50-4A(b)](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) shall be presented separately for all of the following by type of contract (as discussed in paragraph [815-10-50-4D](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4D)) and by income and expense line item (if applicable): 1. a Derivative instruments (and nonderivative instruments) designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges. 2. b The gains and losses on derivative instruments designated and qualifying in cash flow hedges included in the assessment of effectiveness that were recognized in other comprehensive income during the current period. 3. bb Amounts excluded from the assessment of effectiveness that were recognized in other comprehensive income during the period for which an amortization approach is applied in accordance with paragraph [815-20-25-83A](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-83A). 4. c The gains and losses on derivative instruments designated and qualifying in cash flow hedges that are included in the assessment of effectiveness and recorded in accumulated other comprehensive income during the term of the hedging relationship and reclassified into earnings during the current period. 5. d The portion of gains and losses on derivative instruments designated and qualifying in fair value and cash flow hedges representing the amount, if any, excluded from the assessment of hedge effectiveness that is recognized in earnings. When disclosing this amount, an entity shall disclose separately amounts that are recognized in earnings through an amortization approach in accordance with paragraph [815-20-25-83A](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-83A) and amounts recognized through changes in fair value in earnings in accordance with paragraph [815-20-25-83B](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-83B). 1. 1 [Subparagraph superseded by Accounting Standards Update No. 2017-12](https://asc.understandingaccounting.org/updates/asu-2017-12/). 2. 2 [Subparagraph superseded by Accounting Standards Update No. 2017-12](https://asc.understandingaccounting.org/updates/asu-2017-12/). 6. e [Subparagraph superseded by Accounting Standards Update No. 2017-12](https://asc.understandingaccounting.org/updates/asu-2017-12/). 7. f The gains and losses reclassified into earnings as a result of the discontinuance of cash flow hedges because it is probable that the original forecasted transactions will not occur by the end of the originally specified time period or within the additional period of time discussed in paragraphs [815-30-40-4 through 40-5](https://asc.understandingaccounting.org/asc/815/30/#815-30-40-4) . 8. g The amount of net gain or loss recognized in earnings when a hedged [firm commitment](https://asc.understandingaccounting.org/glossary/f/#firm-commitment "An agreement with an unrelated party, binding on both parties and usually legally enforceable, with the following characteristics:The agreement specifies all significant terms, including the quantity to be exchanged, the fixed price, and the timing of the transaction. The fixed price may be expressed as a specified amount of an entity's functional currency or of a foreign currency. It may also be expressed as a specified interest rate or specified effective yield. The binding provisions of an agreement are regarded to include those legal rights and obligations codified in the laws to which such an agreement is subject. A price that varies with the market price of the item that is the subject of the firm commitment cannot qualify as a fixed price. For example, a price that is specified in terms of ounces of gold would not be a fixed price if the market price of the item to be purchased or sold under the firm commitment varied with the price of gold. The agreement includes a disincentive for nonperformance that is sufficiently large to make performance probable. In the legal jurisdiction that governs the agreement, the existence of statutory rights to pursue remedies for default equivalent to the damages suffered by the nondefaulting party, in and of itself, represents a sufficiently large disincentive for nonperformance to make performance probable for purposes of applying the definition of a firm commitment.") no longer qualifies as a [fair value hedge](https://asc.understandingaccounting.org/glossary/f/#fair-value-hedge "A hedge of the exposure to changes in the fair value of a recognized asset or liability, or of an unrecognized firm commitment, that are attributable to a particular risk."). Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For qualifying fair value and [cash flow hedges](https://asc.understandingaccounting.org/glossary/c/#cash-flow-hedge "A hedge of the exposure to variability in the cash flows of a recognized asset or liability, or of a forecasted transaction, that is attributable to a particular risk."), the gains and losses disclosed pursuant to paragraph [815-10-50-4A(b)](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) shall be presented separately for all of the following by type of contract (as discussed in paragraph [815-10-50-4D](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4D)) and by income and expense line item (if applicable) in interim and annual reporting periods: 1. a Derivative instruments (and nonderivative instruments) designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges. 2. b The gains and losses on derivative instruments designated and qualifying in cash flow hedges included in the assessment of effectiveness that were recognized in other comprehensive income during the current period. 3. bb Amounts excluded from the assessment of effectiveness that were recognized in other comprehensive income during the period for which an amortization approach is applied in accordance with paragraph [815-20-25-83A](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-83A). 4. c The gains and losses on derivative instruments designated and qualifying in cash flow hedges that are included in the assessment of effectiveness and recorded in accumulated other comprehensive income during the term of the hedging relationship and reclassified into earnings during the current period. 5. d The portion of gains and losses on derivative instruments designated and qualifying in fair value and cash flow hedges representing the amount, if any, excluded from the assessment of hedge effectiveness that is recognized in earnings. When disclosing this amount, an entity shall disclose separately amounts that are recognized in earnings through an amortization approach in accordance with paragraph [815-20-25-83A](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-83A) and amounts recognized through changes in fair value in earnings in accordance with paragraph [815-20-25-83B](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-83B). 1. 1 [Subparagraph superseded by Accounting Standards Update No. 2017-12](https://asc.understandingaccounting.org/updates/asu-2017-12/). 2. 2 [Subparagraph superseded by Accounting Standards Update No. 2017-12](https://asc.understandingaccounting.org/updates/asu-2017-12/). 6. e [Subparagraph superseded by Accounting Standards Update No. 2017-12](https://asc.understandingaccounting.org/updates/asu-2017-12/). 7. f The gains and losses reclassified into earnings as a result of the discontinuance of cash flow hedges because it is probable that the original forecasted transactions will not occur by the end of the originally specified time period or within the additional period of time discussed in paragraphs [815-30-40-4 through 40-5](https://asc.understandingaccounting.org/asc/815/30/#815-30-40-4) . 8. g The amount of net gain or loss recognized in earnings when a hedged [firm commitment](https://asc.understandingaccounting.org/glossary/f/#firm-commitment "An agreement with an unrelated party, binding on both parties and usually legally enforceable, with the following characteristics:The agreement specifies all significant terms, including the quantity to be exchanged, the fixed price, and the timing of the transaction. The fixed price may be expressed as a specified amount of an entity's functional currency or of a foreign currency. It may also be expressed as a specified interest rate or specified effective yield. The binding provisions of an agreement are regarded to include those legal rights and obligations codified in the laws to which such an agreement is subject. A price that varies with the market price of the item that is the subject of the firm commitment cannot qualify as a fixed price. For example, a price that is specified in terms of ounces of gold would not be a fixed price if the market price of the item to be purchased or sold under the firm commitment varied with the price of gold. The agreement includes a disincentive for nonperformance that is sufficiently large to make performance probable. In the legal jurisdiction that governs the agreement, the existence of statutory rights to pursue remedies for default equivalent to the damages suffered by the nondefaulting party, in and of itself, represents a sufficiently large disincentive for nonperformance to make performance probable for purposes of applying the definition of a firm commitment.") no longer qualifies as a [fair value hedge](https://asc.understandingaccounting.org/glossary/f/#fair-value-hedge "A hedge of the exposure to changes in the fair value of a recognized asset or liability, or of an unrecognized firm commitment, that are attributable to a particular risk."). ##### [815-10-50-4CC](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4CC) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:c729656e518f5624db91f7c3eab2d97840598ae3c1f960fe6183170606a52903 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall present separately by type of contract (as discussed in paragraph [815-10-50-4D](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4D)) the gains and losses disclosed in accordance with paragraph [815-10-50-4A(b)](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) for derivative instruments not designated or qualifying as hedging instruments under Topic 815 (see paragraph [815-10-50-4F](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4F)). Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, an entity shall present separately by type of contract (as discussed in paragraph [815-10-50-4D](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4D)) the gains and losses disclosed in accordance with paragraph [815-10-50-4A(b)](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) for derivative instruments not designated or qualifying as hedging instruments under Topic 815 (see paragraph [815-10-50-4F](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4F)). ##### [815-10-50-4CCC](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4CCC) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:ba566bdfae68e8c33661568f9f39d41c460e6ddc67ded426e20f69734e2d1863 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For qualifying net investment hedges, an entity shall present the gains and losses disclosed in accordance with paragraph [815-10-50-4A(b)](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) separately for all of the following by type of contract (as discussed in paragraph [815-10-50-4D](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4D)): 1. a The gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges that were recognized in the cumulative translation adjustment section of other comprehensive income during the current period 2. b The gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges recorded in the cumulative translation adjustment section of accumulated other comprehensive income during the term of the hedging relationship and reclassified into earnings during the current period 3. c The portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges representing the amount, if any, excluded from the assessment of hedge effectiveness. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For qualifying net investment hedges, an entity shall present the gains and losses disclosed in accordance with paragraph [815-10-50-4A(b)](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) separately for all of the following by type of contract (as discussed in paragraph [815-10-50-4D](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4D))in interim and annual reporting periods: 1. a The gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges that were recognized in the cumulative translation adjustment section of other comprehensive income during the current period 2. b The gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges recorded in the cumulative translation adjustment section of accumulated other comprehensive income during the term of the hedging relationship and reclassified into earnings during the current period 3. c The portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges representing the amount, if any, excluded from the assessment of hedge effectiveness. ##### [815-10-50-4D](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4D) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:c0f117ed164fbf9ecf8981d5be37de67826920213f6b1e544094163fc92db8ff Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Disclosures pursuant to paragraphs [815-10-50-4C through 50-4CCC](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4C) shall both: 1. a Be presented separately by type of contract, for example: 1. 1 Interest rate contracts 2. 2 Foreign exchange contracts 3. 3 Equity contracts 4. 4 Commodity contracts 5. 5 Credit contracts 6. 6 Other contracts. 2. b Identify the line item(s) in the statement of financial performance in which the gains and losses for these categories of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) are included. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, disclosures pursuant to paragraphs [815-10-50-4C through 50-4CCC](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4C) shall both: 1. a Be presented separately by type of contract, for example: 1. 1 Interest rate contracts 2. 2 Foreign exchange contracts 3. 3 Equity contracts 4. 4 Commodity contracts 5. 5 Credit contracts 6. 6 Other contracts. 2. b Identify the line item(s) in the statement of financial performance in which the gains and losses for these categories of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) are included. ##### [815-10-50-4E](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4E) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:ba8861607bd3b05efa7e05f19c14aca3aac58af8295d6434f289cd34d0c63bb2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The quantitative disclosures required by paragraphs [815-10-50-4A through 50-4CCC](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) shall be presented in tabular format.If a proportion of a derivative instrument is designated and qualifying as a hedging instrument and a proportion is not designated and qualifying as a hedging instrument, an entity shall allocate the related amounts to the appropriate categories within the disclosure tables. Example 21 (see paragraph [815-10-55-182](https://asc.understandingaccounting.org/asc/815/10/#815-10-55-182)) illustrates the disclosures described in paragraphs [815-10-50-4A through 50-4E](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) . Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, the quantitative disclosures required by paragraphs [815-10-50-4A through 50-4CCC](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) shall be presented in tabular format.If a proportion of a derivative instrument is designated and qualifying as a hedging instrument and a proportion is not designated and qualifying as a hedging instrument, an entity shall allocate the related amounts to the appropriate categories within the disclosure tables. Example 21 (see paragraph [815-10-55-182](https://asc.understandingaccounting.org/asc/815/10/#815-10-55-182)) illustrates the disclosures described in paragraphs [815-10-50-4A through 50-4E](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A) . ##### [815-10-50-4EE](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4EE) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:e68c29e500425debff39ff7bd43a9b9246d6c049d825546d73bbef2d0d52d22f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall disclose in tabular format the following for items designated and qualifying as hedged items in fair value hedges: 1. a The carrying amount of hedged assets and liabilities recognized in the statement of financial position. For an available-for-sale debt security, the amount disclosed is the amortized cost basis. 2. b The cumulative amount of fair value hedging adjustments to hedged assets and liabilities included in the carrying amount of the hedged assets and liabilities recognized in the statement of financial position. 3. c The line item in the statement of financial position that includes the hedged assets and liabilities. 4. d The cumulative amount of fair value hedging adjustments remaining for any hedged assets and liabilities for which hedge accounting has been discontinued. The disclosures required by (b) and (d) shall exclude cumulative basis adjustments related to foreign exchange risk. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, an entity shall disclose in tabular format the following for items designated and qualifying as hedged items in fair value hedges: 1. a The carrying amount of hedged assets and liabilities recognized in the statement of financial position. For an available-for-sale debt security, the amount disclosed is the amortized cost basis. 2. b The cumulative amount of fair value hedging adjustments to hedged assets and liabilities included in the carrying amount of the hedged assets and liabilities recognized in the statement of financial position. 3. c The line item in the statement of financial position that includes the hedged assets and liabilities. 4. d The cumulative amount of fair value hedging adjustments remaining for any hedged assets and liabilities for which hedge accounting has been discontinued. The disclosures required by (b) and (d) shall exclude cumulative basis adjustments related to foreign exchange risk. ##### [815-10-50-4EEE](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4EEE) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:94d0742d8e988ce16b8e3dd289a4d268a3f0e6615e20dbd21ac51327737789c9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For each line item disclosed in accordance with paragraph [815-10-50-4EE(c)](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4EE) that includes hedging relationships designated under the portfolio layer method in accordance with paragraph [815-20-25-12A](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-12A), the following information shall be disclosed separately: 1. a The amortized cost basis of the closed portfolio(s) of financial assets or the beneficial interest(s) 2. b The amount that represents the hedged item(s) (that is, the [hedged layer](https://asc.understandingaccounting.org/glossary/h/#hedged-layer "The hedged item designated in a portfolio layer method hedging relationship, representing a stated amount or stated amounts of a closed portfolio of financial assets or one or more beneficial interests secured by a portfolio of financial instruments that is not expected to be affected by prepayments, defaults, or other factors affecting the timing and amount of cash flows for the designated hedge period.") or layers) 3. c The basis adjustment associated with the hedged item(s) (that is, the hedged layer or layers). Example 20 (see paragraph [815-10-55-181](https://asc.understandingaccounting.org/asc/815/10/#815-10-55-181)) illustrates these disclosures. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For each line item disclosed in accordance with paragraph [815-10-50-4EE(c)](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4EE) that includes hedging relationships designated under the portfolio layer method in accordance with paragraph [815-20-25-12A](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-12A), the following information shall be disclosed separately in interim and annual reporting periods: 1. a The amortized cost basis of the closed portfolio(s) of financial assets or the beneficial interest(s) 2. b The amount that represents the hedged item(s) (that is, the [hedged layer](https://asc.understandingaccounting.org/glossary/h/#hedged-layer "The hedged item designated in a portfolio layer method hedging relationship, representing a stated amount or stated amounts of a closed portfolio of financial assets or one or more beneficial interests secured by a portfolio of financial instruments that is not expected to be affected by prepayments, defaults, or other factors affecting the timing and amount of cash flows for the designated hedge period.") or layers) 3. c The basis adjustment associated with the hedged item(s) (that is, the hedged layer or layers). Example 20 (see paragraph [815-10-55-181](https://asc.understandingaccounting.org/asc/815/10/#815-10-55-181)) illustrates these disclosures. ##### [815-10-50-4EEEE](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4EEEE) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:3e5daf202519765b232ab038aa6e173b31427d985804c63ce902410273714fc6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If an entity elects to record changes in the fair value of amounts excluded from the assessment of effectiveness currently in earnings in accordance with paragraph [815-20-25-83B](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-83B), the entity shall disclose this election in its summary of significant accounting policies. ##### [815-10-50-4F](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4F) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:10f016684f903cef565209ec92748b4eab643ad563ff6f2179f1cf5c14c686d2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For derivative instruments that are not designated or qualifying as hedging instruments under Subtopic 815-20, if an entity's policy is to include those derivative instruments in its trading activities (for example, as part of its trading portfolio that includes both derivative instruments and nonderivative or cash instruments), the entity can elect to not separately disclose gains and losses as required by paragraph [815-10-50-4CC](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4CC) provided that the entity discloses all of the following: 1. a The gains and losses on its trading activities (including both derivative instruments and nonderivative instruments) recognized in the statement of financial performance, separately by major types of items, for example: 1. 1 Fixed income/interest rates 2. 2 Foreign exchange 3. 3 Equity 4. 4 Commodity 5. 5 Credit. 2. b The line items in the statement of financial performance in which trading activities gains and losses are included 3. c A description of the nature of its trading activities and related risks, and how the entity manages those risks. If the disclosure option in this paragraph is elected, the entity shall include a footnote in the required tables referencing the use of alternative disclosures for trading activities. Example 21 (see paragraph [815-10-55-182](https://asc.understandingaccounting.org/asc/815/10/#815-10-55-182)) illustrates a footnote referencing the use of alternative disclosures for trading activities. Example 22 (see paragraph [815-10-55-184](https://asc.understandingaccounting.org/asc/815/10/#815-10-55-184)) illustrates the disclosure of the information required in items (a) and (b). Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For derivative instruments that are not designated or qualifying as hedging instruments under Subtopic 815-20, if an entity's policy is to include those derivative instruments in its trading activities (for example, as part of its trading portfolio that includes both derivative instruments and nonderivative or cash instruments), the entity can elect to not separately disclose gains and losses as required by paragraph [815-10-50-4CC](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4CC) provided that the entity discloses all of the following in interim and annual reporting periods: 1. a The gains and losses on its trading activities (including both derivative instruments and nonderivative instruments) recognized in the statement of financial performance, separately by major types of items, for example: 1. 1 Fixed income/interest rates 2. 2 Foreign exchange 3. 3 Equity 4. 4 Commodity 5. 5 Credit. 2. b The line items in the statement of financial performance in which trading activities gains and losses are included 3. c A description of the nature of its trading activities and related risks, and how the entity manages those risks. If the disclosure option in this paragraph is elected, the entity shall include a footnote in the required tables referencing the use of alternative disclosures for trading activities. Example 21 (see paragraph [815-10-55-182](https://asc.understandingaccounting.org/asc/815/10/#815-10-55-182)) illustrates a footnote referencing the use of alternative disclosures for trading activities. Example 22 (see paragraph [815-10-55-184](https://asc.understandingaccounting.org/asc/815/10/#815-10-55-184)) illustrates the disclosure of the information required in items (a) and (b). ##### [815-10-50-4G](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4G) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:c2c786187a5ef4d0f5306d16440f6e8230ae67a2fb424ae41e8837a99c8cb97a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For purposes of the disclosure requirements beginning in paragraph [815-10-50-4A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A), not-for-profit entities within the scope of Topic 954 should present a similarly formatted table. Those entities shall refer to amounts within their performance indicator, instead of in income, and amounts outside their performance indicator, instead of in other comprehensive income. Not-for-profit entities not within the scope of Topic 954 shall disclose the gain or loss recognized in changes in net assets using a similar format. All not-for-profit entities also would indicate which class or classes of net assets (without donor restrictions or with donor restrictions) are affected. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For purposes of the disclosure requirements beginning in paragraph [815-10-50-4A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4A), not-for-profit entities within the scope of Topic 954 should present a similarly formatted table. Those entities shall refer to amounts within their performance indicator, instead of in income, and amounts outside their performance indicator, instead of in other comprehensive income. Not-for-profit entities not within the scope of Topic 954 shall disclose the gain or loss recognized in changes in net assets using a similar format. All not-for-profit entities also would indicate which class or classes of net assets (without donor restrictions or with donor restrictions) are affected. The disclosures in this paragraph are required in interim and annual reporting periods. #### Credit-Risk-Related Contingent Features ##### [815-10-50-4H](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4H) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:469be6e0ee5b1004a3639b6fa4064316df11507245a253a13420eb69b5557bb9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity that holds or issues derivative instruments (or nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) shall disclose all of the following for every annual and interim reporting period for which a statement of financial position is presented: 1. a The existence and nature of credit-risk-related contingent features 2. b The circumstances in which credit-risk-related contingent features could be triggered in derivative instruments (or such nonderivative instruments) that are in a net liability position at the end of the reporting period 3. c The aggregate fair value amounts of derivative instruments (or such nonderivative instruments) that contain credit-risk-related contingent features that are in a net liability position at the end of the reporting period 4. d The aggregate fair value of assets that are already posted as collateral at the end of the reporting period 5. e The aggregate fair value of additional assets that would be required to be posted as collateral if the credit-risk-related contingent features were triggered at the end of the reporting period 6. f The aggregate fair value of assets needed to settle the instrument immediately if the credit-risk-related contingent features were triggered at the end of the reporting period. Amounts required to be reported for nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66) shall be the carrying value of the nonderivative hedging instrument, which includes the adjustment for the foreign currency transaction gain or loss on that instrument. Example 23 (see paragraph [815-10-55-185](https://asc.understandingaccounting.org/asc/815/10/#815-10-55-185)) illustrates a credit-risk-related contingent feature disclosure. #### Information in More than One Note ##### [815-10-50-4I](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4I) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:07a343e7ebc5fefd88f68ba4c7bea907bbb10946b523571c810447b6582240fb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If information on derivative instruments (or nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) is disclosed in more than a single note to financial statements, an entity shall cross-reference from the derivative instruments (or nonderivative instruments) note to other notes in which derivative-instrument-related information is disclosed. #### Credit Derivatives ##### [815-10-50-4J](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4J) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:ac384fb13839eccc2ac60b3efe0a7bb3570f9f6a8abbf003219a8a422b06e791 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For purposes of the following paragraph, the term seller (sometimes referred to as a writer of the contract) refers to the party that assumes credit risk, which could be either: 1. a A guarantor in a guarantee type contract 2. b Any party that provides the credit protection in an option type contract, a credit default swap, or any other credit derivative contract. ##### [815-10-50-4K](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4K) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:ed8b79bbd35b773a942435e61aca6f099b0148916249d211aa0f1feca6b0aedc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A seller of [credit derivatives](https://asc.understandingaccounting.org/glossary/c/#credit-derivative "A derivative instrument that has both of the following characteristics: One or more of its underlyings are related to any of the following: The credit risk of a specified entity (or a group of entities) An index based on the credit risk of a group of entities. It exposes the seller to potential loss from credit-risk-related events specified in the contract. Examples of credit derivatives include, but are not limited to, credit default swaps, credit spread options, and credit index products.") shall disclose information about its credit derivatives and hybrid instruments (for example, a credit-linked note) that have [embedded credit derivatives](https://asc.understandingaccounting.org/glossary/e/#embedded-credit-derivative "An embedded derivative that is also a credit derivative.")to enable users of financial statements to assess their potential effect on its financial position, financial performance, and cash flows. Specifically, for each statement of financial position presented, the seller of a credit derivative shall disclose all of the following information for each credit derivative, or each group of similar credit derivatives, even if the likelihood of the seller's having to make any payments under the credit derivative is remote: 1. a The nature of the credit derivative, including all of the following: 1. 1 The approximate term of the credit derivative 2. 2 The reason(s) for entering into the credit derivative 3. 3 The events or circumstances that would require the seller to perform under the credit derivative 4. 4 The current status (that is, as of the date of the statement of financial position) of the payment/performance risk of the credit derivative, which could be based on either recently issued external credit ratings or current internal groupings used by the seller to manage its risk 5. 5 If the entity uses internal groupings for purposes of item (a)(4), how those groupings are determined and used for managing risk. 2. b All of the following information about the maximum potential amount of future payments under the credit derivative: 1. 1 The maximum potential amount of future payments (undiscounted) that the seller could be required to make under the credit derivative, which shall not be reduced by the effect of any amounts that may possibly be recovered under recourse or collateralization provisions in the credit derivative (which are addressed in items (c) through (f)) 2. 2 The fact that the terms of the credit derivative provide for no limitation to the maximum potential future payments under the contract, if applicable 3. 3 If the seller is unable to develop an estimate of the maximum potential amount of future payments under the credit derivative, the reasons why it cannot estimate the maximum potential amount. 3. c The fair value of the credit derivative as of the date of the statement of financial position 4. d The nature of any recourse provisions that would enable the seller to recover from third parties any of the amounts paid under the credit derivative 5. e The nature of any assets held either as collateral or by third parties that, upon the occurrence of any specified triggering event or condition under the credit derivative, the seller can obtain and liquidate to recover all or a portion of the amounts paid under the credit derivative 6. f If estimable, the approximate extent to which the proceeds from liquidation of assets held either as collateral or by third parties would be expected to cover the maximum potential amount of future payments under the credit derivative. In its estimate of potential recoveries, the seller of credit protection shall consider the effect of any purchased credit protection with identical underlying(s). However, the disclosures required by this paragraph do not apply to an embedded derivative feature related to the transfer of credit risk that is only in the form of subordination of one financial instrument to another, as described in paragraph [815-15-15-9](https://asc.understandingaccounting.org/asc/815/15/#815-15-15-9). Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, a seller of [credit derivatives](https://asc.understandingaccounting.org/glossary/c/#credit-derivative "A derivative instrument that has both of the following characteristics: One or more of its underlyings are related to any of the following: The credit risk of a specified entity (or a group of entities) An index based on the credit risk of a group of entities. It exposes the seller to potential loss from credit-risk-related events specified in the contract. Examples of credit derivatives include, but are not limited to, credit default swaps, credit spread options, and credit index products.") shall disclose information about its credit derivatives and hybrid instruments (for example, a credit-linked note) that have [embedded credit derivatives](https://asc.understandingaccounting.org/glossary/e/#embedded-credit-derivative "An embedded derivative that is also a credit derivative.")to enable users of financial statements to assess their potential effect on its financial position, financial performance, and cash flows. Specifically, for each statement of financial position presented, the seller of a credit derivative shall disclose all of the following information for each credit derivative, or each group of similar credit derivatives, even if the likelihood of the seller's having to make any payments under the credit derivative is remote: 1. a The nature of the credit derivative, including all of the following: 1. 1 The approximate term of the credit derivative 2. 2 The reason(s) for entering into the credit derivative 3. 3 The events or circumstances that would require the seller to perform under the credit derivative 4. 4 The current status (that is, as of the date of the statement of financial position) of the payment/performance risk of the credit derivative, which could be based on either recently issued external credit ratings or current internal groupings used by the seller to manage its risk 5. 5 If the entity uses internal groupings for purposes of item (a)(4), how those groupings are determined and used for managing risk. 2. b All of the following information about the maximum potential amount of future payments under the credit derivative: 1. 1 The maximum potential amount of future payments (undiscounted) that the seller could be required to make under the credit derivative, which shall not be reduced by the effect of any amounts that may possibly be recovered under recourse or collateralization provisions in the credit derivative (which are addressed in items (c) through (f)) 2. 2 The fact that the terms of the credit derivative provide for no limitation to the maximum potential future payments under the contract, if applicable 3. 3 If the seller is unable to develop an estimate of the maximum potential amount of future payments under the credit derivative, the reasons why it cannot estimate the maximum potential amount. 3. c The fair value of the credit derivative as of the date of the statement of financial position 4. d The nature of any recourse provisions that would enable the seller to recover from third parties any of the amounts paid under the credit derivative 5. e The nature of any assets held either as collateral or by third parties that, upon the occurrence of any specified triggering event or condition under the credit derivative, the seller can obtain and liquidate to recover all or a portion of the amounts paid under the credit derivative 6. f If estimable, the approximate extent to which the proceeds from liquidation of assets held either as collateral or by third parties would be expected to cover the maximum potential amount of future payments under the credit derivative. In its estimate of potential recoveries, the seller of credit protection shall consider the effect of any purchased credit protection with identical underlying(s). However, the disclosures required by this paragraph do not apply to an embedded derivative feature related to the transfer of credit risk that is only in the form of subordination of one financial instrument to another, as described in paragraph [815-15-15-9](https://asc.understandingaccounting.org/asc/815/15/#815-15-15-9). ##### [815-10-50-4L](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4L) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:05245f369c87dac4d26d34eb2fc12aa722c56c8d71e35d0af2946b5c770bace6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. One way to present the information required by paragraph [815-10-50-4K](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4K) for groups of similar credit derivatives would be first to segregate the disclosures by major types of contracts (for example, single-name credit default swaps, traded indexes, other portfolio products, and swaptions) and then, for each major type, provide additional subgroups for major types of referenced (or underlying) asset classes (for example, corporate debt, sovereign debt, and structured finance). With respect to hybrid instruments that have embedded credit derivatives, the seller of the embedded credit derivative shall disclose the information required by paragraph [815-10-50-4K](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4K) for the entire hybrid instrument, not just the embedded credit derivatives. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)One way to present the information required by paragraph [815-10-50-4K](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4K) for groups of similar credit derivatives would be first to segregate the disclosures by major types of contracts (for example, single-name credit default swaps, traded indexes, other portfolio products, and swaptions) and then, for each major type, provide additional subgroups for major types of referenced (or underlying) asset classes (for example, corporate debt, sovereign debt, and structured finance). With respect to hybrid instruments that have embedded credit derivatives, the seller of the embedded credit derivative shall disclose the information required by paragraph [815-10-50-4K](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-4K) for the entire hybrid instrument, not just the embedded credit derivatives. The disclosures in this paragraph are required in interim and annual reporting periods. #### Qualitative Disclosures ##### [815-10-50-5](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-5) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:4d4c9eba28cfdab027a8d0e9dc949edc3242b2a8e255ff37bf6fced9f06df83a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Qualitative disclosures about an entity's objectives and strategies for using derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs [815-20-25-58](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-58) and [815-20-25-66](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-66)) may be more meaningful if such objectives and strategies are described in the context of an entity's overall risk exposures relating to all of the following: 1. a Interest rate risk 2. b Foreign exchange risk 3. c Commodity price risk 4. d Credit risk 5. e Equity price risk. Those additional qualitative disclosures, if made, should include a discussion of those exposures even though the entity does not manage some of those exposures by using derivative instruments. An entity is encouraged, but not required, to provide such additional qualitative disclosures about those risks and how they are managed. ##### [815-10-50-5A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-5A) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:4dbfb59418bb002658b6a20202eee021591f1b503ab7d1ea98b31a0d4fb51b83 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The quantitative disclosures about derivative instruments may be more useful, and less likely to be perceived to be out of context or otherwise misunderstood, if similar information is disclosed about other financial instruments or nonfinancial assets and liabilities to which the derivative instruments are related by activity. Accordingly, in those situations, an entity is encouraged, but not required, to present a more complete picture of its activities by disclosing that information. #### Basis Adjustment Considerations under the Portfolio Layer Method ##### [815-10-50-5B](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-5B) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:3c58307ca30127322e190aad89bc8b1a672c764b333f4ab6c415363e4f4ffca2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For existing hedging relationships designated under the portfolio layer method, an entity shall not disclose the basis adjustment on a more disaggregated basis than the portfolio layer method closed portfolio to meet the objectives of disclosure requirements in other Topics unless that disaggregation is required in accordance with paragraph [815-20-45-4](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-4). After an entity allocates a basis adjustment in accordance with paragraph [815-20-45-4](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-4) (if applicable), if other Topics require the disclosure of the amortized cost basis of assets included in the closed portfolio on a basis that requires disaggregating the assets included in the closed portfolio, the entity shall exclude the portfolio layer method basis adjustment from the amortized cost basis of those assets. In that case, the entity shall disclose the total amount of the portfolio layer method basis adjustment excluded from the amortized cost basis of the assets included in the closed portfolio. ##### [815-10-50-5C](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-5C) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:0de2cb2ddc8b6549e899360f127e4db964000f47b0d9d01d5c2f6468914601f5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For hedging relationships designated under the portfolio layer method, if the outstanding amount of the closed portfolio is less than the hedged layer or layers in accordance with paragraph [815-25-40-8(b)](https://asc.understandingaccounting.org/asc/815/25/#815-25-40-8) (that is, a breach occurred), an entity shall disclose: 1. a The amount of the hedge basis adjustment recognized in current-period interest income because of the breach 2. b The circumstances that led to the breach. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For hedging relationships designated under the portfolio layer method, if the outstanding amount of the closed portfolio is less than the hedged layer or layers in accordance with paragraph [815-25-40-8(b)](https://asc.understandingaccounting.org/asc/815/25/#815-25-40-8) (that is, a breach occurred), an entity shall disclose in interim and annual reporting periods the following: 1. a The amount of the hedge basis adjustment recognized in current-period interest income because of the breach 2. b The circumstances that led to the breach. #### Unconditional Purchase Obligations ##### [815-10-50-6](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-6) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:f0650fd3d215532ebdfdbbef692cb855ddcb3cc30b980ad28137e233d049f130 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If an [unconditional purchase obligation](https://asc.understandingaccounting.org/glossary/u/#unconditional-purchase-obligation "An obligation to transfer funds in the future for fixed or minimum amounts or quantities of goods or services at fixed or minimum prices (for example, as in take-or-pay contracts or throughput contracts).") is subject to the requirements of both Topic 440 and this Subtopic, the entity shall comply with both sets of disclosure requirements, including paragraph [440-10-50-4](https://asc.understandingaccounting.org/asc/440/10/#440-10-50-4). For example, a power purchase agreement entered into in connection with the financing of a generation facility subject to the disclosure requirements of Topic 440 may also meet the definition of derivative instrument in paragraphs [815-10-15-83 through 15-139](https://asc.understandingaccounting.org/asc/815/10/#815-10-15-83) and is accounted for as a derivative instrument at [fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.") in the balance sheet. #### Balance Sheet Offsetting ##### [815-10-50-7](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-7) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:780ad31049c9e7e6da849866eff976705b6bf3bd2eb26560b9268706628928bb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A reporting entity's accounting policy to offset or not offset in accordance with paragraph [815-10-45-6](https://asc.understandingaccounting.org/asc/815/10/#815-10-45-6) shall be disclosed. ##### [815-10-50-7A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-7A) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:080e99e8be1043db3f3e8abceb219786ca4e8fba92106a6ed3d5d055562613ae Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A reporting entity also shall disclose the information required by paragraphs [210-20-50-1 through 50-6](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1) for all recognized derivative instruments accounted for in accordance with Topic 815, including bifurcated embedded derivatives, which are either: 1. a Offset in accordance with either Section 210-20-45 or Section 815-10-45 2. b Subject to an enforceable master netting arrangement or similar agreement. ##### [815-10-50-8](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-8) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:05c72addcff8738862aee3912d58e300fa38a9359a80a8d5d3da5ebe8c309986 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A reporting entity shall disclose the amounts recognized at the end of each reporting period for the right to reclaim cash collateral or the obligation to return cash collateral as follows: 1. a A reporting entity that has made an accounting policy decision to offset fair value amounts shall separately disclose amounts recognized for the right to reclaim cash collateral or the obligation to return cash collateral that have been offset against net derivative positions in accordance with paragraph [815-10-45-5](https://asc.understandingaccounting.org/asc/815/10/#815-10-45-5). 2. b A reporting entity shall separately disclose amounts recognized for the right to reclaim cash collateral or the obligation to return cash collateral under master netting arrangements that have not been offset against net derivative instrument positions. 3. c A reporting entity that has made an accounting policy decision to not offset fair value amounts shall separately disclose the amounts recognized for the right to reclaim cash collateral or the obligation to return cash collateral under master netting arrangements. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, a reporting entity shall disclose the amounts recognized at the end of each reporting period for the right to reclaim cash collateral or the obligation to return cash collateral as follows: 1. a A reporting entity that has made an accounting policy decision to offset fair value amounts shall separately disclose amounts recognized for the right to reclaim cash collateral or the obligation to return cash collateral that have been offset against net derivative positions in accordance with paragraph [815-10-45-5](https://asc.understandingaccounting.org/asc/815/10/#815-10-45-5). 2. b A reporting entity shall separately disclose amounts recognized for the right to reclaim cash collateral or the obligation to return cash collateral under master netting arrangements that have not been offset against net derivative instrument positions. 3. c A reporting entity that has made an accounting policy decision to not offset fair value amounts shall separately disclose the amounts recognized for the right to reclaim cash collateral or the obligation to return cash collateral under master netting arrangements. #### Convertible Securities ##### [815-10-50-8A](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-8A) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:cbe40bc44f6ba25ba22a59ed5750d6a9e0b9e184ec66d4e03b4c9936c9a4bc0f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on disclosures of information about derivative instrument transactions entered into in connection with the issuance of the convertible securities, see paragraph [470-20-50-1I](https://asc.understandingaccounting.org/asc/470/20/#470-20-50-1I) for convertible debt instruments and paragraph [505-10-50-18](https://asc.understandingaccounting.org/asc/505/10/#505-10-50-18) for convertible preferred stock. ##### [815-10-50-8B](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-8B) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:80e9562480bf2bf3baaeeedfda40c00eb70eec66e1f9652462a4e04dc748a488 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The disclosure guidance on convertible debt instruments in Section 470-20-50 and on convertible preferred stock in Section 505-10-50 also shall be considered after considering the disclosure guidance in this Section for a conversion option accounted for as a derivative instrument. #### Accounting Policy for Statement of Cash Flows ##### [815-10-50-8C](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-8C) Pending content: yes Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:2895001c1a817167e148a7e41e91bf2b2700b75195011fce3c5de969e60b671a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Transition date:(P) June 30, 2027; (N) June 30, 2027Transition guidance: [105-10-65-7](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-7)See paragraph [230-10-50-9](https://asc.understandingaccounting.org/asc/230/10/#230-10-50-9) for disclosure requirements related to where cash flows associated with derivative instruments and their related gains and losses are presented in the statement of cash flows. ### Certain Contracts on Debt and Equity Securities ##### [815-10-50-9](https://asc.understandingaccounting.org/asc/815/10/#815-10-50-9) Pending content: no Source downloaded (UTC): 2026-09-10T01:35:15.706Z to 2026-09-10T01:35:15.706Z Record version: sha256:21627a953dbfc8a6951f0fa530185072d8bc424fb6ba712f64a19cdd677382bf Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall disclose its accounting policy for the premium paid (time value) to acquire an option that is classified as held to maturity or available for sale.