# ASC 840-10-00: Leases — Overall — 00 Status Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/840/10/#00-status) 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): 2026-09-10T01:51:53.475Z to 2026-09-10T01:51:53.475Z Record version: sha256:01b2c1eedb20ef36b61829133c52aec2d8a7a78497e748b35a60c40f2f83b32b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 840-10-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/840/10/#00-status) SEC content: no ##### [840-10-00-1](https://asc.understandingaccounting.org/asc/840/10/#840-10-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:51:53.475Z to 2026-09-10T01:51:53.475Z Record version: sha256:7efc1d366f4e7e94995083a85dfbfceed6edf2cea4c5686adebe75203d2f1ab8 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.

Paragraph	Action	Accounting Standards Update	Date

Acquiree	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Acquiree	Added	Accounting Standards Update No. 2010-07	01/28/2010
Acquirer	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Acquisition by a Not-for-Profit Entity	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Acquisition by a Not-for-Profit Entity	Added	Accounting Standards Update No. 2010-07	01/28/2010
Bargain Purchase Option	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Bargain Renewal Option	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Business	Amended	Accounting Standards Update No. 2017-01	01/05/2017
Business	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Business Combination	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Capital Lease	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Contingent Rentals	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Contract	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Contract	Added	Accounting Standards Update No. 2014-09	05/28/2014
Customer	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Customer	Added	Accounting Standards Update No. 2014-09	05/28/2014
Direct Financing Lease	Amended	Accounting Standards Update No. 2021-05	07/19/2021
Direct Financing Leases	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Estimated Economic Life	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Fair Value of Lease Property	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Fiscal Funding Clause	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Heat Supply (or Burn-Up) Contracts	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Incremental Borrowing Rate	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Indirectly Related to the Leased Property	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Interest Rate Implicit in the Lease	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Lease	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Lease Inception	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Lease Term	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Legal Entity	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Leveraged Lease	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Minimum Lease Payments	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Noncancelable Lease Term	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Nonprofit Activity	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Nonprofit Activity	Added	Accounting Standards Update No. 2010-07	01/28/2010
Not-for-Profit Entity	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Operating Lease	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Penalty	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Performance Obligation	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Probable	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Reasonably Possible	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Remote	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Revenue	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Revenue	Added	Accounting Standards Update No. 2014-09	05/28/2014
Sales-Type Lease	Amended	Accounting Standards Update No. 2021-05	07/19/2021
Sales-Type Lease	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Significant Influence	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Standalone Selling Price	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Standalone Selling Price	Added	Accounting Standards Update No. 2014-09	05/28/2014
Sublease	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Substantially All	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Take-or-Pay Contract	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
Variable Interest Entity	Superseded	Accounting Standards Update No. 2016-02	02/25/2016

840-10-05-1 through 05-10	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-10-1	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-15-1 through 15-23	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-15-9A	Added	Accounting Standards Update No. 2014-05	01/23/2014
840-10-15-19	Amended	Accounting Standards Update No. 2014-09	05/28/2014
840-10-25-1 through 25-69	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-25-2	Amended	Accounting Standards Update No. 2010-07	01/28/2010
840-10-25-27	Amended	Accounting Standards Update No. 2010-07	01/28/2010
840-10-25-46	Amended	Accounting Standards Update No. 2014-09	05/28/2014
840-10-25-47	Amended	Accounting Standards Update No. 2014-09	05/28/2014
840-10-25-55	Amended	Accounting Standards Update No. 2014-09	05/28/2014
840-10-25-61	Amended	Accounting Standards Update No. 2014-09	05/28/2014
840-10-30-1	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-30-2	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-35-5	Amended	Accounting Standards Update No. 2010-07	01/28/2010
840-10-35-1 through 35-10	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-35-8	Amended	Accounting Standards Update No. 2010-07	01/28/2010
840-10-35-9	Amended	Accounting Standards Update No. 2010-07	01/28/2010
840-10-40-1 through 40-4	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-45-1 through 45-4	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-50-1 through 50-5	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-50-2	Amended	Maintenance Update 2016-11 (PDF)	06/27/2016
840-10-50-4	Amended	Maintenance Update 2016-11 (PDF)	06/27/2016
840-10-55-1 through 55-10	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-55-7	Amended	Maintenance Update 2015-11 (PDF)	06/19/2015
840-10-55-12 through 55-47	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-55-14	Amended	Accounting Standards Update No. 2014-09	05/28/2014
840-10-55-14A	Added	Accounting Standards Update No. 2014-09	05/28/2014
840-10-60-1	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-60-2	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-60-3	Superseded	Accounting Standards Update No. 2014-09	05/28/2014
840-10-60-4 through 60-6	Superseded	Accounting Standards Update No. 2016-02	02/25/2016
840-10-60-4	Amended	Accounting Standards Update No. 2014-07	03/20/2014