# ASC 815-20-45: Derivatives and Hedging — Hedging—General — 45 Other Presentation Matters Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/815/20/#45-other-presentation-matters) 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): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:2c3f8568c0aa758f4018492367fd567d7af3145cb763477b5f2451b45efa42e6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 815-20-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/815/20/#45-other-presentation-matters) SEC content: no #### Income Statement Classification ##### [815-20-45-1](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:40d9c635475998ec2438a345e43c74126fb4a8f2dad2154f181e9e7227afe48c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2017-12](https://asc.understandingaccounting.org/updates/asu-2017-12/). ##### [815-20-45-1A](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-1A) Pending content: no Source downloaded (UTC): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:f0b386e773c0c14e86e79cf3f09e26f0be515e2bf41d294c97ef4b85fd77351e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-83A) . See paragraphs [815-20-55-79W through 55-79AD](https://asc.understandingaccounting.org/asc/815/20/#815-20-55-79W) for related implementation guidance. ##### [815-20-45-1B](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-1B) Pending content: no Source downloaded (UTC): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:b0bf7be58328e6d4126022a5bed6b308831c43683abde76e7b5f85a311d15c71 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For cash flow hedges in which the hedged forecasted transaction is probable of not occurring in accordance with paragraph [815-30-40-5](https://asc.understandingaccounting.org/asc/815/30/#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. ##### [815-20-45-1C](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-1C) Pending content: no Source downloaded (UTC): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:5f4a06d2f4e48e14f2613a4480d74dd61b92af038a1ca510a3bd705572e713b8 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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. ##### [815-20-45-1CC](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-1CC) Pending content: no Source downloaded (UTC): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:8142f215847eed234d1277e1557fe2b25109b877a7b8e272b93d1312d89b724b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If a breach of a portfolio layer method hedge has occurred in accordance with paragraph [815-25-40-8(b)](https://asc.understandingaccounting.org/asc/815/25/#815-25-40-8), an entity shall present in interest income the basis adjustment associated with 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 portion thereof) that is no longer outstanding. ##### [815-20-45-1D](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-1D) Pending content: no Source downloaded (UTC): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:55f1a9f439177aaaf4e0e088a5cd36d4bfd320791628bfd64df07113520d1e13 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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. #### Statement of Cash Flows ##### [815-20-45-2](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:e79f85bf00b28fd1aa99259dfbc072420880022399cb42c1daa5d597b99ae26d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on the classification of cash receipts and payments related to hedging activities, see paragraph [230-10-45-27](https://asc.understandingaccounting.org/asc/230/10/#230-10-45-27). #### Other Comprehensive Income ##### [815-20-45-3](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:0318d826e22808735f791af256a7d552baf0f62ea213871b0838728d06ce1f06 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall display as a separate classification within other comprehensive income the net gain or loss on [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.") designated and qualifying as fair value or cash flow hedging instruments that are reported in comprehensive income pursuant to paragraphs [815-20-25-65](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-65), [815-20-25-83A](https://asc.understandingaccounting.org/asc/815/20/#815-20-25-83A), and [815-30-35-3](https://asc.understandingaccounting.org/asc/815/30/#815-30-35-3). #### Balance Sheet Classification ##### [815-20-45-4](https://asc.understandingaccounting.org/asc/815/20/#815-20-45-4) Pending content: no Source downloaded (UTC): 2026-09-10T01:36:51.363Z to 2026-09-10T01:36:51.363Z Record version: sha256:76f0bdca49758327aabb6164f012653eec74be993e7f0ab0071d755b40e5ce70 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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.