{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/815/20/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"815","topic_title":"Derivatives and Hedging","subtopic":"815-20","subtopic_title":"Hedging—General","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Income Statement Classification","paragraphs":[{"citation":"815-20-45-1","para":"45-1","html":"
Paragraph superseded by Accounting Standards Update No. 2017-12.
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For qualifying fair value and cash flow hedges, an entity shall present both of the following in earnings in the same income statement line item that is used to present the earnings effect of the hedged item:
  1. a
    The change in the fair value of the hedging instrument that is included in the assessment of hedge effectiveness
  2. b
    Amounts excluded from the assessment of hedge effectiveness in accordance with paragraphs
    815-20-25-83A through 25-83B
    .
See paragraphs 815-20-55-79W through 55-79AD for related implementation guidance.
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For cash flow hedges in which the hedged forecasted transaction is probable of not occurring in accordance with paragraph 815-30-40-5, this Subtopic provides no guidance on the required income statement classification of amounts reclassified from accumulated other comprehensive income to earnings.
","snippet":"For cash flow hedges in which the hedged forecasted transaction is probable of not occurring in accordance with paragraph 815-30-40-5, this Subtopic provides no guidance on the required income statement classification of…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b0bf7be58328e6d4126022a5bed6b308831c43683abde76e7b5f85a311d15c71","downloaded_from":"2026-09-10T01:36:51.363Z","last_downloaded_at":"2026-09-10T01:36:51.363Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480627","source_sha256":"b52cd113e0903b8675372a729614a3a34c9347cd4a291279cbe71b43cbb38955"}},{"citation":"815-20-45-1C","para":"45-1C","html":"
For qualifying net investment hedges, an entity shall present in the same income statement line item that is used to present the earnings effect of the hedged net investment those amounts reclassified from accumulated other comprehensive income to earnings. This Subtopic provides no guidance on the required income statement classification of amounts excluded from the assessment of effectiveness in net investment hedges.
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If a breach of a portfolio layer method hedge has occurred in accordance with paragraph 815-25-40-8(b), an entity shall present in interest income the basis adjustment associated with the hedged layer (or portion thereof) that is no longer outstanding.
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While the Derivatives and Hedging Topic does not specify whether certain income statement line items are either permitted or appropriate, the other hedging-related Subtopics in this Topic do contain specific disclosure requirements for those items. See Section 815-10-50 and Subtopics 815-25, 815-30, and 815-35.
","snippet":"While the Derivatives and Hedging Topic does not specify whether certain income statement line items are either permitted or appropriate, the other hedging-related Subtopics in this Topic do contain specific disclosure r…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:55f1a9f439177aaaf4e0e088a5cd36d4bfd320791628bfd64df07113520d1e13","downloaded_from":"2026-09-10T01:36:51.363Z","last_downloaded_at":"2026-09-10T01:36:51.363Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480627","source_sha256":"b52cd113e0903b8675372a729614a3a34c9347cd4a291279cbe71b43cbb38955"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e790aa28f62e416ccaf43d9ac7fa0ecee86023ba58e6a9434b5dbf87de3ae712","downloaded_from":"2026-09-10T01:36:51.363Z","last_downloaded_at":"2026-09-10T01:36:51.363Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480627","source_sha256":"b52cd113e0903b8675372a729614a3a34c9347cd4a291279cbe71b43cbb38955"}},{"block":null,"heading":"Statement of Cash Flows","paragraphs":[{"citation":"815-20-45-2","para":"45-2","html":"
For guidance on the classification of cash receipts and payments related to hedging activities, see paragraph 230-10-45-27.
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An entity shall display as a separate classification within other comprehensive income the net gain or loss on derivative instruments designated and qualifying as fair value or cash flow hedging instruments that are reported in comprehensive income pursuant to paragraphs 815-20-25-65, 815-20-25-83A, and 815-30-35-3.
","snippet":"An entity shall display as a separate classification within other comprehensive income the net gain or loss on derivative instruments designated and qualifying as fair value or cash flow hedging instruments that are repo…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0318d826e22808735f791af256a7d552baf0f62ea213871b0838728d06ce1f06","downloaded_from":"2026-09-10T01:36:51.363Z","last_downloaded_at":"2026-09-10T01:36:51.363Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480627","source_sha256":"b52cd113e0903b8675372a729614a3a34c9347cd4a291279cbe71b43cbb38955"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:de99b6a58f2df104b1d32aa39ebc1d7c442b526c771b4d11a27ca54df13cf7c4","downloaded_from":"2026-09-10T01:36:51.363Z","last_downloaded_at":"2026-09-10T01:36:51.363Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480627","source_sha256":"b52cd113e0903b8675372a729614a3a34c9347cd4a291279cbe71b43cbb38955"}},{"block":null,"heading":"Balance Sheet Classification","paragraphs":[{"citation":"815-20-45-4","para":"45-4","html":"
For an existing portfolio layer method hedge, if the assets included in the same closed portfolio are presented in different line items in the statement of financial position, an entity shall allocate the portfolio layer method basis adjustment to the assets’ associated line items in the statement of financial position using a systematic and rational method.
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