(P) December 16, 2027; (N) December 16, 2028
818-10-65-1For annual reporting periods, an entity shall disclose all of the following about regulatory compliance programs that result in the entity’s environmental credit obligation liabilities: - a
The activities or events that result in environmental credit obligation liabilities under those programs, including the nature and timing of settlement provisions
- b
The accounting policies used to account for the environmental credit obligations in accordance with Topic 235 on notes to financial statements - c
How the unfunded portion of an environmental credit obligation liability is measured in accordance with paragraph 818-30-30-3 - d
Significant estimates and judgments used in applying the guidance.
(P) December 16, 2027; (N) December 16, 2028
818-10-65-1For annual reporting periods, if not separately presented on an entity’s balance sheet, an entity shall disclose the current and noncurrent portions of both of the following:- a
The funded portion of an environmental credit obligation liability
- b
The unfunded portion of an environmental credit obligation liability.
An entity also shall disclose the line item or items on the balance sheet that include the current and noncurrent portions of amounts in (a) and (b).
(P) December 16, 2027; (N) December 16, 2028
818-10-65-1For annual reporting periods, an entity shall disclose the total expense recognized for environmental credit obligation liabilities during the reporting period and the line item in the income statement that includes that amount. See paragraphs for additional disclosure requirements. (P) December 16, 2027; (N) December 16, 2028
818-10-65-1For annual reporting periods, an entity shall disclose both of the following: - a
The total costs associated with environmental credit obligation liabilities that are capitalized in the carrying amount of another asset during the reporting period in accordance with another Topic
- b
A description of the other asset.
(P) December 16, 2027; (N) December 16, 2028
818-10-65-1An entity shall apply the fair value disclosure requirements in Topic 820 for any fair value measurements made in accordance with this Subtopic. (P) December 16, 2027; (N) December 16, 2028
818-10-65-1See paragraph 818-30-55-21 for an illustration of the quantitative disclosures required by this Subtopic.