abc-20251231

Version 4.0

April 2025

Accounting Changes

(2025 GAAP Taxonomy*)

GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy (collectively referred to as the “GAAP Taxonomy”)

Implementation Guide Series

* Changes from the 2024 GAAP Taxonomy Implementation Guide are included in Appendix A.

The GAAP Taxonomy Implementation Guide is not authoritative; rather, it is a document that communicates how the GAAP Financial Reporting Taxonomy and the SEC Reporting Taxonomy (collectively referred to as the “GAAP Taxonomy”) are designed. It also provides other information to help a user of the GAAP Taxonomy understand how elements and relationships are structured.


Copyright © 2025 by Financial Accounting Foundation. All rights reserved. Permission is granted to make copies of this work provided that such copies are for personal or intraorganizational use only and are not sold or disseminated and provided further that each copy bears the following credit line: “Copyright © 2025 by Financial Accounting Foundation. All rights reserved. Used by permission.”

GAAP Taxonomy Implementation Guide on Accounting Changes

Overview

The purpose of this Guide is to demonstrate the modeling for the reporting of the transition upon adoption of amendments from an Accounting Standards Update (ASU) or other accounting changes under FASB Accounting Standards Codification® Topic 250, Accounting Changes and Error Corrections, and Topics amended by an ASU. These examples are not intended to encompass all the potential modeling configurations or to dictate the appearance and structure of an entity’s extension taxonomy or its financial statements. The examples are provided to help users of the GAAP Taxonomy understand how the modeling for the reporting of the transition upon adoption of amendments from an ASU or other accounting changes is structured within the GAAP Taxonomy. The examples are based on the assumption that the entity meets the criteria for reporting the transition upon adoption of amendments from an ASU or other accounting changes under Generally Accepted Accounting Principles (GAAP) and/or U. S. Securities and Exchange Commission (SEC) authoritative literature. In addition, the reported line items within the examples do not include all reporting requirements and represent only partial disclosures and statements for illustrative purposes.

While constituents may find the information in the Guide useful, users looking for guidance to conform to SEC eXtensible Business Reporting Language (XBRL) filing requirements should look to the SEC EDGAR Filer Manual and other information provided on the SEC’s website at www.sec.gov/structureddata.

This Guide focuses on detail tagging only (Level 4); it does not include elements for text blocks, policy text blocks, and table text blocks (Levels 1 through 3).

Two sections are included in this Guide:

•Section 1: Overview of Modeling: This section provides an overview of the modeling for the reporting of the transition upon adoption of amendments from an ASU or other accounting changes.

•Section 2: Examples of Modeling: This section includes examples of modeling for the reporting of the transition upon adoption of amendments from an ASU or other accounting changes.

•Example 1—Retrospective Effect on Statement of Stockholders' Equity for Each Individual Prior Period Balance Presented

•Example 2—Retrospective Effect on Financial Statement Line Items for Each Individual Prior Period Balance Presented

•Example 3—Cumulative Effect on Opening Balance in Period of Adoption

•Example 4—Disclosure of Reclassifications from an ASU

•Example 5—Multiple Adjustments on Statement of Stockholders' Equity for Each Individual Prior Period Balance Presented

•Example 6—Effect on Financial Statement Line Items from Multiple Adjustments to Previously Reported Amounts

•Example 7—Disclosure of Textual Transition Information

•Example 8—Disclosure of Expected Impacts of ASU—Cumulative Effect in Period of Adoption

•Example 9—Disclosure of Expected Impacts of ASU—Retrospective Effect on Financial Statement Line Items

•Example 10—Disclosure of Effects on Financial Statement Line Items from a Change in Reporting Entity

•Example 11—Disclosure of Effects on (five) Financial Statement Line Items and (three) Disclosure Line Items from Change in Accounting Estimate

•Example 12—Disclosure of Effects on (three) Financial Statement Line Items and (three) Disclosure Line Items from Change in Accounting Estimate

General Information

(1)A legend for dimensions and domain members has been provided to associate with facts contained in the notes to financial statements. Extension elements are coded using “Ex.” Legends specific to the examples are provided in Figure x.2 of each example.


Coding	Standard Label	Element Name
A1	Equity Components [Axis]	StatementEquityComponentsAxis
	Equity Component [Domain]	EquityComponentDomain
M1	Common Stock [Member]	CommonStockMember
M2	Additional Paid-in Capital [Member]	AdditionalPaidInCapitalMember
M3	Retained Earnings [Member]	RetainedEarningsMember
M4	AOCI Attributable to Parent [Member]	AccumulatedOtherComprehensiveIncomeMember
M5	Noncontrolling Interest [Member]	NoncontrollingInterestMember

A2	Revision of Prior Period [Axis]	RestatementAxis
	Revision of Prior Period [Domain]	RestatementDomain
M6	Previously Reported [Member]	ScenarioPreviouslyReportedMember
	Revision of Prior Period, Adjustment [Member]	RestatementAdjustmentMember
M7	Revision of Prior Period, Accounting Standards Update, Adjustment [Member]	RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember
M8	Revision of Prior Period, Error Correction, Adjustment [Member]	RevisionOfPriorPeriodErrorCorrectionAdjustmentMember
M9	Revision of Prior Period, Reclassification, Adjustment [Member]	RevisionOfPriorPeriodReclassificationAdjustmentMember
M10	Change in Reporting Entity, Adjustment [Member]	ChangeInReportingEntityAdjustmentMember

A3	Cumulative Effect, Period of Adoption [Axis]	CumulativeEffectPeriodOfAdoptionAxis
	Cumulative Effect, Period of Adoption [Domain]	CumulativeEffectPeriodOfAdoptionDomain
M11	Cumulative Effect, Period of Adoption, Adjustment [Member]	CumulativeEffectPeriodOfAdoptionAdjustmentMember
M12	Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember

A4	Accounting Standards Update [Axis]	AdjustmentsForNewAccountingPronouncementsAxis
	Accounting Standards Update [Domain]	TypeOfAdoptionMember
M13	Accounting Standards Update 20XX-X4 [Member]	AccountingStandardsUpdate20XXX4Member
M14	Accounting Standards Update 20XX-X5 [Member]	AccountingStandardsUpdate20XXX5Member

A5	Scenario [Axis]	StatementScenarioAxis
	Scenario [Domain]	ScenarioUnspecifiedDomain
M15	Pro Forma [Member]	ProFormaMember

A6	Statistical Measurement [Axis]	RangeAxis
	Statistical Measurement [Domain]	RangeMember
M16	Minimum [Member]	MinimumMember
M17	Maximum [Member]	MaximumMember

A7	Long-Lived Tangible Asset [Axis]	PropertyPlantAndEquipmentByTypeAxis
	Long-Lived Tangible Asset [Domain]	PropertyPlantAndEquipmentTypeDomain
M18	Equipment [Member]	EquipmentMember


Coding	Standard Label	Element Name
A8	Finite-Lived Intangible Assets by Major Class [Axis]	FiniteLivedIntangibleAssetsByMajorClassAxis
	Finite-Lived Intangible Assets, Major Class Name [Domain]	FiniteLivedIntangibleAssetsMajorClassNameDomain
M19	Customer Contracts [Member]	CustomerContractsMember

A9	Effect of Change in Accounting Estimate, Type [Axis]	ChangeInAccountingEstimateByTypeAxis
	Effect of Change in Accounting Estimate, Type [Domain]	ChangeInAccountingEstimateTypeDomain
M20	Service Life [Member]	ServiceLifeMember
M21	Intangible Assets, Amortization Period [Member]	IntangibleAssetsAmortizationPeriodMember
ExM22	Service Life and Intangible Assets, Amortization Period [Member]	ServiceLifeMemberAndIntangibleAssetsAmortizationPeriodMember

(2)Elements that have an instant period type and elements that have a duration period type are indicated as such in Figure x.2 of each example. Instant elements have a single date context (such as December 31, 20XX) and duration elements have a starting and ending date as their context (such as January 1 through December 31, 20XX).

(3)The XBRL report view (Figure x.3 in each example) does not include all information that may appear in an entity’s instance document. The XBRL report view is provided for illustrative purposes only.

(4)For elements contained in the GAAP Taxonomy, the standard label is as it appears in the GAAP Taxonomy. For extension elements, the standard label corresponds to the element name. For information about structuring extension elements, refer to the SEC EDGAR Filer Manual.

(5)Values reported in XBRL are generally entered as positive, with the exception of certain concepts such as net income (loss) or gain (loss).

(6)Preferred labels (Figure x.3 in each example) are the labels created and used by an entity to show the line-item captions in its financial statements.

(7)Additional information for values reported using extensible enumerations can be found in the GAAP Taxonomy Implementation Guide, Extensible Enumerations: A Guide for Preparers.

Section 1: Overview of Modeling

The “Revision of Prior Period [Axis]” (A2) is modeled with the “Previously Reported [Member]” (M6) and members for each type of adjustment that may revise a prior-period amount and a member that represents all revisions to a prior period:

“Revision of Prior Period, Adjustment [Member]” and “Revision of Prior Period, Change in Accounting Principle, Adjustment [Member]” are not used to tag values in the examples. They are used to provide a relationship in order for consumers of the data to better understand what these member elements represent.

This modeling is intended to result in the revised amount representing the report-wide value for the context and allows for multiple types of revisions to prior periods to be reported in the same filing for the same line item.

There are corresponding dimension and extensible enumeration elements to provide additional information for the reason for the revision. The dimension elements are intended to be used when the type of revision is further disaggregated, and the extensible enumeration element is intended to be used when there is only one type of revision for each adjustment in the same reporting date context. The dimension elements are:

•“Accounting Standards Update [Axis]” (A4)

•“Change in Accounting Principle, Type [Axis]”

•“Error Correction, Type [Axis]”

•“Reclassification, Type [Axis]”

The extensible enumeration elements are:

•“Accounting Standards Update [Extensible Enumeration]” (XL2)

•“Change in Accounting Principle, Type [Extensible Enumeration]”

•“Error Correction, Type [Extensible Enumeration]” (XL20)

•“Reclassification, Type [Extensible Enumeration]” (XL21)

The “Revision of Prior Period, Reclassification, Adjustment [Member]” (M9) is intended to be used for reclassifications that affect comparability that are not related to an amendment from an ASU. Certain amendments from ASUs may contain reclassifications, but “Revision of Prior Period, Accounting Standards Update, Adjustment [Member]” (M7) is intended to be used for revisions of prior periods that are from amendments from ASUs.

There are two dimensions for the adjustments for amendments from ASUs: the “Revision of Prior Period [Axis]” (A2) and the “Cumulative Effect, Period of Adoption [Axis]” (A3). The “Revision of Prior Period [Axis]” (A2) is used for retrospective application when the prior periods are revised. The “Cumulative Effect, Period of Adoption [Axis]” (A3) is used for amendments from ASUs when the cumulative effect adjusts the opening balance of line items in the period of adoption and does not revise prior periods.

The date context used with the “Revision of Prior Period [Axis]” (A2) is the ending date context of the period prior to earliest period reported (earliest opening balance reported). For example, if the earliest period reported begins with 01/01/20X2 or ending of prior period of 12/31/20X1, the date context used for the values tagged with the “Previously Reported [Member]” (M6) and the “Revision of Prior Period, Accounting Standards Update, Adjustment [Member]” (M7) is 12/31/20X1.

The date context used with “Cumulative Effect, Period of Adoption [Axis]” (A3) and “Cumulative Effect, Period of Adoption, Adjustment [Member]” (M11) is the ending date context prior to the period of adoption. For example, if the period of adoption is 01/01/20X4, the date context used for the values tagged with “Cumulative Effect, Period of Adoption, Adjustment [Member]” (M11) and “Cumulative Effect, Period of Adoption, Adjusted Balance [Member]” (M12) is 12/31/20X3.

The two types of transition methods (retrospective application and cumulative effect in the period of adoption), which result in adjustments of values reported, are modeled similarly but need to be on two different dimensions because of how the adjustments affect the statements. For retrospective application, the prior periods are revised, and the adjusted values are the report-wide values in the context. For the cumulative effect in the period of adoption, the prior periods are not revised, and the values for the period prior to adoption remain the report-wide value in the context. The figure below illustrates this difference:


Retrospective Application		Cumulative Effect in the Period of Adoption

$100	Previously Reported [Member]	$100	Report-wide value
10	Revision of Prior Period, Accounting Standards Update, Adjustment [Member]	10	Cumulative Effect, Period of Adoption, Adjustment [Member]
$110	Report-wide value	$110	Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

Users of machine-readable data have indicated that certain textual transition information about amendments from ASUs is valuable and elements have been added to better structure this information. These elements include:

•“Change in Accounting Principle, Accounting Standards Update, Adopted [true false]” (XL39)—structured as a Boolean data type and intended to be used if the amendment from the ASU is adopted upon its effective date.

•“Change in Accounting Principle, Accounting Standards Update, Early Adoption [true false]” (L23)—structured as a Boolean data type and intended to be used if the amendment from the ASU is adopted earlier than the effective date.

•“Change in Accounting Principle, Accounting Standards Update, Adoption Date” (L22)—structured as a date data type and is intended to be used to provide the date that the amendment from the ASU was adopted.

•“Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]” (XL24)—structured as an extensible enumeration and is intended to be used when there is a choice in transition methods for the amendment from the ASU. The values for this element are members that are created for those amendments from ASUs that have a choice in method.

For the expected impacts of amendments from ASUs, the modeling is consistent for the two types of transition methods (retrospective application and cumulative effect in the period of adoption), and the “Scenario [Axis]” (A5) and the “Pro Forma [Member]” (M15) are used for both. In addition, this modeling for the expected impacts of amendments from ASUs is consistent with the modeling for actual impacts of amendments from ASUs with the main difference being the use of the “Scenario [Axis]” (A5) and the “Pro Forma [Member]” (M15). When the impact amounts are actual, that axis and member are no longer needed.

For the effects from a change in reporting entity, the dimensional modeling includes the use of “Revision of Prior Period [Axis]” (A2) and “Change in Reporting Entity, Adjustment [Member]” (M10) with the financial statement line item. In addition, this modeling includes a Boolean element to indicate a change in reporting entity—“Change in Reporting Entity [true false]” (L30).

For the effects from a change in accounting estimate, the dimensional modeling includes the use of “Effect of Change in Accounting Estimate, Type [Axis]” (A9) with the financial statement line item for the current reporting date context (i.e., the date context in which the change in accounting estimate occurs). In addition, this modeling includes a Boolean element to indicate a change in accounting estimate—“Change in Accounting Estimate, Occurred [true false]” (L36). If there is no effect shown in a particular disclosure and for example only the prior period and the current period default values are included, then the “Effect of Change in Accounting Estimate, Type [Axis]” (A9) is not intended to be used as no effect is disclosed.

Section 2: Examples of Modeling

This section provides examples of disclosures for accounting changes, error corrections, reclassifications, and change in reporting entity for comparability.

Example 1—Retrospective Effect on Statement of Stockholders' Equity for Each Individual Prior Period Balance Presented

This example provides an excerpt of a Statement of Stockholders' Equity to illustrate the modeling for the values for transition adjustments to retained earnings and accumulated other comprehensive income (AOCI) for application to the earliest period presented.



		Consolidated Statements of Shareholders’ Equity
(in thousands)
			A1:M1		A1:M2		A1:M3		A1:M4		A1:M5
			Common stock		Additional paid-in capital		Retained Earnings		Accumulated other comprehensive (loss) income		Noncontrolling interest		Total
Balance at December 31, 20X0		L1, A2:M6	$	1,000	$	840,000	$	1,703,715	$	(106,400)	$	(10,000)	$	2,428,315
Adoption of ASU 20XX-X1	[1]	L1, A2:M7					(15,000)		(25,000)				(40,000)
Adjusted Balance at December 31, 20X0		L1	$	1,000	$	840,000	$	1,688,715	$	(131,400)	$	(10,000)	$	2,388,315

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] XL2

Figure 1.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Equity Components [Axis]

Duration

StatementEquityComponentsAxis

Equity Component [Domain]

Duration

EquityComponentDomain

Common Stock [Member]

Duration

CommonStockMember

Additional Paid-in Capital [Member]

Duration

AdditionalPaidInCapitalMember

Retained Earnings [Member]

Duration

RetainedEarningsMember

AOCI Attributable to Parent [Member]

Duration

AccumulatedOtherComprehensiveIncomeMember

Noncontrolling Interest [Member]

Duration

NoncontrollingInterestMember

Revision of Prior Period [Axis]

Duration

RestatementAxis

Revision of Prior Period [Domain]

Duration

RestatementDomain

Previously Reported [Member]

Duration

ScenarioPreviouslyReportedMember

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Duration

RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember

Equity, Including Portion Attributable to Noncontrolling Interest

Credit

Instant

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

XL2

Accounting Standards Update [Extensible Enumeration]

Duration

AccountingStandardsUpdateExtensibleList

Figure 1.2

The XBRL report views created using the modeling structure are provided here:

Standard Label

Preferred Label

Date Context

20X0-12-31

Equity Components [Axis]

Common Stock [Member]

Additional Paid-in Capital [Member]

Retained Earnings [Member]

AOCI Attributable to Parent [Member]

Noncontrolling Interest [Member]

Report-wide Value

Revision of Prior Period [Axis]

Previously Reported [Member]

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Previously Reported [Member]

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Previously Reported [Member]

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Equity, Including Portion Attributable to Noncontrolling Interest

Consolidated statement of stockholders' equity, ending balance

1000000

840000000

1703715000

-15000000

1688715000

-106400000

-25000000

-131400000

-10000000

2428315000

-40000000

2388315000

Figure 1.3a

Standard Label

Preferred Label

Date Context

20X0-01-01 to 20X0-12-31

XL2

Accounting Standards Update [Extensible Enumeration]

Adoption of ASU 20XX-X1

http://fasb.org/us-gaap/20X0#AccountingStandardsUpdate20XXX1Member

Figure 1.3b

Notes:

•An extensible enumeration element is used to convey the amendment from one ASU. “Accounting Standards Update [Extensible Enumeration]” (XL2) is used to tag the fact value indicating which amendment from an ASU is affecting retained earnings and AOCI in the Statement of Shareholders’ Equity. If a filer reports values from amendments from more than one ASU within the filing in the same reporting date context, then the “Accounting Standards Update [Axis]” (A4) is intended to be used.

•The “Revision of Prior Period [Axis]” (A2) and its related domain and member (“Revision of Prior Period, Reclassification, Adjustment [Member]” (M9)) are intended to be used if a filer discloses amounts for other reclassifications affecting comparability. In addition, there are other members under the “Revision of Prior Period [Axis]” (A2) for each type of adjustment including error corrections (“Revision of Prior Period, Error Correction, Adjustment [Member]” (M8)) and changes in accounting principle (“Revision of Prior Period, Change in Accounting Principle, Adjustment [Member]”).

•ASU 20XX-X1 is assumed to be adopted with a retrospective transition method and applied to the earliest period presented in this example.

Example 2—Retrospective Effect on Financial Statement Line Items for Each Individual Prior Period Balance Presented

This example illustrates the modeling for disclosure of transition adjustments to other line items in the Statement of Financial Position in the earliest period presented.



(in thousands)		A2:M6		A2:M7
		Amount previously reported 12/31/20X0		Effect from ASU 20XX-X1 12/31/20X0		Adjusted amount 12/31/20X0
				[1]
Liability for future policy benefit, before reinsurance	L3	$	740,100	$	40,000	$	780,100
Retained earnings (accumulated deficit)	L4	$	1,703,715	$	(15,000)	$	1,688,715
Accumulated other comprehensive income (loss)	L5	$	(106,400)	$	(25,000)	$	(131,400)

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] XL2

Figure 2.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Revision of Prior Period [Axis]

Duration

RestatementAxis

Revision of Prior Period [Domain]

Duration

RestatementDomain

Previously Reported [Member]

Duration

ScenarioPreviouslyReportedMember

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Duration

RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember

Liability for Future Policy Benefit, before Reinsurance

Credit

Instant

LiabilityForFuturePolicyBenefits

Retained Earnings (Accumulated Deficit)

Credit

Instant

RetainedEarningsAccumulatedDeficit

Accumulated Other Comprehensive Income (Loss), Net of Tax

Credit

Instant

AccumulatedOtherComprehensiveIncomeLossNetOfTax

XL2

Accounting Standards Update [Extensible Enumeration]

Duration

AccountingStandardsUpdateExtensibleList

Figure 2.2

The XBRL report views created using the modeling structure are provided here:

Standard Label

Preferred Label

Date Context

20X0-12-31

Revision of Prior Period [Axis]

Previously Reported [Member]

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Report-wide Value

Liability for Future Policy Benefit, before Reinsurance

Liability for future policy benefit, before reinsurance

740100000

40000000

780100000

Retained Earnings (Accumulated Deficit)

Retained earnings (accumulated deficit)

1703715000

-15000000

1688715000

Accumulated Other Comprehensive Income (Loss), Net of Tax

Accumulated other comprehensive income (loss)

-106400000

-25000000

-131400000

Figure 2.3a


	Standard Label	Preferred Label
	Date Context		20X0-01-01 to 20X0-12-31
XL2	Accounting Standards Update [Extensible Enumeration]	Effect from ASU 20XX-X1	http://fasb.org/us-gaap/20X0#AccountingStandardsUpdate20XXX1Member

Figure 2.3b

Notes:

•An extensible enumeration element is used to convey the amendment from one ASU. “Accounting Standards Update [Extensible Enumeration]” (XL2) is used to tag the fact value indicating which amendment from an ASU is affecting balances in the Statement of Financial Position. If a filer reports values from amendments from more than one ASU within the filing in the same reporting date context, then the “Accounting Standards Update [Axis]” (A4) is intended to be used.

•ASU 20XX-X1 is assumed to be adopted with a retrospective transition method and applied to the earliest period presented in this example.

Example 3—Cumulative Effect on Opening Balance in Period of Adoption

This example provides an excerpt of the Statement of Stockholders' Equity to illustrate the modeling for the values for the cumulative effect in the period of adoption transition adjustments to retained earnings and AOCI for application in the current period presented.



		Consolidated Statements of Shareholders’ Equity
(in thousands)
			A1:M1		A1:M2		A1:M3		A1:M4		A1:M5
			Common stock		Additional paid-in capital		Retained Earnings		Accumulated other comprehensive (loss) income		Noncontrolling interest		Total
Balance at December 31, 20X2		L1	$	1,000	$	875,000	$	1,819,555	$	(100,850)	$	6,405	$	2,601,110
Cumulative effect of ASU 20XX-X2	[1]	L1, A3:M11					15,000		(15,000)				—
Adjusted Balance at December 31, 20X2		L1, A3:M12	$	1,000	$	875,000	$	1,834,555	$	(115,850)	$	6,405	$	2,601,110

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] XL2

Figure 3.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Equity Components [Axis]

Duration

StatementEquityComponentsAxis

Equity Component [Domain]

Duration

EquityComponentDomain

Common Stock [Member]

Duration

CommonStockMember

Additional Paid-in Capital [Member]

Duration

AdditionalPaidInCapitalMember

Retained Earnings [Member]

Duration

RetainedEarningsMember

AOCI Attributable to Parent [Member]

Duration

AccumulatedOtherComprehensiveIncomeMember

Noncontrolling Interest [Member]

Duration

NoncontrollingInterestMember

Cumulative Effect, Period of Adoption [Axis]

Duration

CumulativeEffectPeriodOfAdoptionAxis

Cumulative Effect, Period of Adoption [Domain]

Duration

CumulativeEffectPeriodOfAdoptionDomain

M11

Cumulative Effect, Period of Adoption, Adjustment [Member]

Duration

CumulativeEffectPeriodOfAdoptionAdjustmentMember

M12

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

Duration

CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember

Equity, Including Portion Attributable to Noncontrolling Interest

Credit

Instant

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

XL2

Accounting Standards Update [Extensible Enumeration]

Duration

AccountingStandardsUpdateExtensibleList

Figure 3.2

The XBRL report views created using the modeling structure are provided here:

Standard Label

Preferred Label

Date Context

20X2-12-31

Equity Components [Axis]

Common Stock [Member]

Additional Paid-in Capital [Member]

Retained Earnings [Member]

AOCI Attributable to Parent [Member]

Noncontrolling Interest [Member]

Report-wide Value

Cumulative Effect, Period of Adoption [Axis]

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

Cumulative Effect, Period of Adoption, Adjustment [Member]

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

Cumulative Effect, Period of Adoption, Adjustment [Member]

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

Cumulative Effect, Period of Adoption, Adjustment [Member]

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

M12

M11

M12

M11

M12

M11

M12

Equity, Including Portion Attributable to Noncontrolling Interest

Consolidated statement of stockholders' equity, ending balance

1000000

875000000

1819555000

15000000

1834555000

-100850000

-15000000

-115850000

6405000

2601110000

Figure 3.3a

Standard Label

Preferred Label

Date Context

20X2-01-01 to 20X2-12-31

XL2

Accounting Standards Update [Extensible Enumeration]

Cumulative effect of ASU 20XX-X2

http://fasb.org/us-gaap/20X2#AccountingStandardsUpdate20XXX2Member

Figure 3.3b

Notes:

•This example and Example 1 both use a prior period as the date context. For the cumulative effect in the period of adoption, the context is the period prior to the period of adoption. For the retrospective application, the context is the earliest period presented. The difference between the modeling of the cumulative effect in period of adoption transition adjustments and the retrospective transition adjustments is which amount is tagged as the report-wide value. In this example, the report-wide value is the opening balance for stockholders' equity which does not include the effect of the amendment from the ASU, whereas in Example 1 the report-wide value is the balance for stockholders' equity after the effect of the amendment from the ASU.

•An extensible enumeration element is used to convey the amendment from one ASU. “Accounting Standards Update [Extensible Enumeration]” (XL2) is used to tag the fact value indicating which amendment from an ASU is affecting the opening balance of retained earnings in the period of adoption in the Statement of Shareholders’ Equity. If a filer reports values from amendments from more than one ASU within the filing in the same reporting date context, then the “Accounting Standards Update [Axis]” (A4) is intended to be used.

•ASU 20XX-X2 is assumed to be adopted with a cumulative effect in the period of adoption transition method and applied to the opening balance in the current reporting period in this example.

Example 4—Disclosure of Reclassifications from an ASU

This example illustrates the modeling for reclassification adjustments to specific line items affected by amendments from an ASU. In a note on significant accounting policies, ABC Company discloses the amount of reclassifications from one financial statement line item to another as a result of adopting Accounting Standards Update 20XX-X3.

Effective January 1, 20X3[1], ABC Company (ABC Co.) adopted ASU 20XX-X3[2][3] using the full retrospective transition approach[4]. As a result of the adoption, ABC Co. reclassified $0.5 million and $0.4 million from operating expenses[5] to net periodic benefit (income) expense, excluding service cost,[6] for the years ended December 31, 20X2 and 20X1, respectively. $0.5 million $0.4 million

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] L22 2025-01-01

[2] XL2

[3] XL39

[4] XL24
[5] L6, A2:M7

[6] L7, A2:M7 400000 500000

Figure 4.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Revision of Prior Period [Axis]

Duration

RestatementAxis

Revision of Prior Period [Domain]

Duration

RestatementDomain

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Duration

RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember

Operating Expenses

Debit

Duration

OperatingExpenses

Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component

Debit

Duration

NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent

L22

Change in Accounting Principle, Accounting Standards Update, Adoption Date

Instant

ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate

XL2

Accounting Standards Update [Extensible Enumeration]

Duration

AccountingStandardsUpdateExtensibleList

XL24

Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]

Duration

ChangeInAccountingPrincipleAccountingStandardsUpdateTransitionOptionElectedExtensibleList

XL39

Change in Accounting Principle, Accounting Standards Update, Adopted [true false]

Instant

ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted

Figure 4.2

The XBRL report view created using the modeling structure is provided here:



	Standard Label
	Date Context	20X3-12-31
L22	Change in Accounting Principle, Accounting Standards Update, Adoption Date	20X3-01-01
XL39	Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true

Figure 4.3a

Standard Label

Preferred Label

Date Context

20X1-01-01 to 20X1-12-31

20X2-01-01 to 20X2-12-31

Revision of Prior Period [Axis]

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Operating Expenses

0perating expense

-400000

-500000

Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component

net periodic benefit (income) expense, excluding service cost

400000

500000

XL2

Accounting Standards Update [Extensible Enumeration]

http://fasb.org/us-gaap/20X3#AccountingStandardsUpdate20XXX3Member

Figure 4.3b



	Standard Label	Preferred Label
	Date Context		20X3-01-01 to 20X3-12-31
XL24	Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]	full retrospective transition approach	http://fasb.org/us-gaap/20X3#AccountingStandardsUpdate20XXX3RetrospectiveMember

Figure 4.3c

Notes:

•In this example, “Revision of Prior Period, Accounting Standards Update, Adjustment [Member]” (M7) is used instead of “Revision of Prior Period, Reclassification, Adjustment [Member]” (M9) because the adjustments are for reclassifications from amendments to the accounting standards.

•An extensible enumeration element is used to convey the amendment from one ASU. “Accounting Standards Update [Extensible Enumeration]” (XL2) is used to tag the fact value indicating which amendment from an ASU is affecting operating expenses and the net periodic benefit (income) expense, excluding service cost in the Statement of Income. If a filer reports values from amendments from more than one ASU within the filing in the same reporting date context, then the “Accounting Standards Update [Axis]” (A4) is intended to be used.

•The “Revision of Prior Period [Axis]” (A2) and its related domain and member (“Revision of Prior Period, Reclassification, Adjustment [Member]” (M9)) are intended to be used if a filer discloses amounts for other reclassifications affecting comparability that are not related to amendments to the accounting standards. In addition, there are other members under the “Revision of Prior Period [Axis]” (A2) for each type of adjustment including error corrections (“Revision of Prior Period, Error Correction, Adjustment [Member]” (M8)) and changes in accounting principle (“Revision of Prior Period, Change in Accounting Principle, Adjustment [Member]”).

•ASU 20XX-X3 is assumed to be adopted with a retrospective transition method and applied to the earliest period presented in this example. “Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]” (XL24) is used to tag the fact value indicating which transition option is elected only when there is a choice in transition option.

Example 5—Multiple Adjustments on Statement of Stockholders' Equity for Each Individual Prior Period Balance Presented

This example provides a Statement of Stockholders' Equity to illustrate the modeling for the values for transition adjustments for application to the earliest period presented related to retrospective transition method for one amendment from an ASU and for application in the current period presented for the cumulative effect in the period of adoption for another amendment from an ASU. It also provides information about adjustments for an error correction.



		Consolidated Statements of Shareholders’ Equity
(in thousands)
			A1:M1		A1:M2		A1:M3		A1:M4		A1:M5
			Common stock		Additional paid-in capital		Retained Earnings		Accumulated other comprehensive (loss) income		Noncontrolling interest		Total
Balance at December 31, 20X0		L1, A2:M6	$	1,000	$	840,000	$	1,649,000	$	(99,000)	$	(9,500)	$	2,381,500
Adoption of ASU 20XX-X1	[1]	L1, A2:M7					(15,000)		(25,000)				(40,000)
Error correction - incorrect calculation of depreciation	[2]	L1, A2:M8					(7,500)						(7,500)
Adjusted Balance at December 31, 20X0		L1	$	1,000	$	840,000	$	1,626,500	$	(124,000)	$	(9,500)	$	2,334,000
Net income		L8					33,000				4,750		37,750
Other comprehensive income, net of tax		L9							2,950		3,200		6,150
Compensation under stock-based plans, net		L10			20,000								20,000
Restated balance at December 31, 20X1		L1	$	1,000	$	860,000	$	1,659,500	$	(121,050)	$	(1,550)	$	2,397,900
Net income		L8					55,000				5,100		60,100
Other comprehensive income, net of tax		L9							3,275		2,800		6,075
Compensation under stock-based plans, net		L10			15,000								15,000
Restated balance at December 31, 20X2		L1	$	1,000	$	875,000	$	1,714,500	$	(117,775)	$	6,350	$	2,479,075
Cumulative effect of ASU 20XX-X4		L1, A3:M11, A4:M13					9,150						9,150
Cumulative effect of ASU 20XX-X5		L1, A3:M11, A4:M14					(3,000)		$	3,000			—
Adjusted Balance at December 31, 20X2		L1, A3:M12	$	1,000	$	875,000	$	1,720,650	$	(114,775)	$	6,350	$	2,488,225
Net income		L8					61,000				6,200		67,200
Other comprehensive income, net of tax		L9							4,330		1,960		6,290
Compensation under stock-based plans, net		L10			14,500								14,500
Balance at December 31, 20X3		L1	$	1,000	$	889,500	$	1,781,650	$	(110,445)	$	14,510	$	2,576,215

_____________________________

Legend: This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] XL2 [2] XL20

Figure 5.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Equity Components [Axis]

Duration

StatementEquityComponentsAxis

Equity Component [Domain]

Duration

EquityComponentDomain

Common Stock [Member]

Duration

CommonStockMember

Additional Paid-in Capital [Member]

Duration

AdditionalPaidInCapitalMember

Retained Earnings [Member]

Duration

RetainedEarningsMember

AOCI Attributable to Parent [Member]

Duration

AccumulatedOtherComprehensiveIncomeMember

Noncontrolling Interest [Member]

Duration

NoncontrollingInterestMember

Revision of Prior Period [Axis]

Duration

RestatementAxis

Revision of Prior Period [Domain]

Duration

RestatementDomain

Previously Reported [Member]

Duration

ScenarioPreviouslyReportedMember

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Duration

RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember

Revision of Prior Period, Error Correction, Adjustment [Member]

Duration

RevisionOfPriorPeriodErrorCorrectionAdjustmentMember

Cumulative Effect, Period of Adoption [Axis]

Duration

CumulativeEffectPeriodOfAdoptionAxis

Cumulative Effect, Period of Adoption [Domain]

Duration

CumulativeEffectPeriodOfAdoptionDomain

M11

Cumulative Effect, Period of Adoption, Adjustment [Member]

Duration

CumulativeEffectPeriodOfAdoptionAdjustmentMember

M12

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

Duration

CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember

Accounting Standards Update [Axis]

Duration

AdjustmentsForNewAccountingPronouncementsAxis

Accounting Standards Update [Domain]

Duration

TypeOfAdoptionMember

M13

Accounting Standards Update 20XX-X4 [Member]

Duration

AccountingStandardsUpdate20XXX4Member

M14

Accounting Standards Update 20XX-X5 [Member]

Duration

AccountingStandardsUpdate20XXX5Member

Equity, Including Portion Attributable to Noncontrolling Interest

Credit

Instant

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

XL2

Accounting Standards Update [Extensible Enumeration]

Duration

AccountingStandardsUpdateExtensibleList

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

Credit

Duration

ProfitLoss

Other Comprehensive Income (Loss), Net of Tax

Credit

Duration

OtherComprehensiveIncomeLossNetOfTax

L10

APIC, Share-Based Payment Arrangement, Increase for Cost Recognition

Credit

Duration

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

XL20

Error Correction, Type [Extensible Enumeration]

Duration

ErrorCorrectionTypeExtensibleList

Figure 5.2

The XBRL report views created using the modeling structure are provided here:

Standard Label

Preferred Label

Date Context

20X0-12-31

Equity Components [Axis]

Common Stock [Member]

Additional Paid-in Capital [Member]

Retained Earnings [Member]

AOCI Attributable to Parent [Member]

Noncontrolling Interest [Member]

Report-wide Value

Revision of Prior Period [Axis]

Previously Reported [Member]

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Revision of Prior Period, Error Correction, Adjustment [Member]

Previously Reported [Member]

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Previously Reported [Member]

Revision of Prior Period, Accounting Standards Update, Adjustment [Member]

Revision of Prior Period, Error Correction, Adjustment [Member]

Equity, Including Portion Attributable to Noncontrolling Interest

Consolidated statement of stockholders' equity, ending balance

1000000

840000000

1649000000

-15000000

-7500000

1626500000

-99000000

-25000000

-124000000

-9500000

2381500000

-40000000

-7500000

2334000000

Figure 5.3a



	Standard Label	Preferred Label
	Date Context		20X0-01-01 to 20X0-12-31
XL2	Accounting Standards Update [Extensible Enumeration]	Adoption of ASU 20XX-X1	http://fasb.org/us-gaap/20X3#AccountingStandardsUpdate20XXX1Member
XL20	Error Correction, Type [Extensible Enumeration]	Error correction - incorrect calculation of depreciation	http://www.abc.com/20X31231#IncorrectCalculationOfDepreciationMember

Figure 5.3b

Standard Label

Preferred Label

Date Context

12/31/20X2

Equity Components [Axis]

Common Stock [Member]

Additional Paid-in Capital [Member]

Retained Earnings [Member]

AOCI Attributable to Parent [Member]

Noncontrolling Interest [Member]

Report-wide Value

Cumulative Effect, Period of Adoption [Axis]

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

Cumulative Effect, Period of Adoption, Adjustment [Member]

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

Cumulative Effect, Period of Adoption, Adjustment [Member]

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

Cumulative Effect, Period of Adoption, Adjustment [Member]

Cumulative Effect, Period of Adoption, Adjusted Balance [Member]

M12

M11

M12

M11

M12

M11

M12

Accounting Standards Update [Axis]

Accounting Standards Update 20XX-X4 [Member]

Accounting Standards Update 20XX-X5 [Member]

Accounting Standards Update 20XX-X4 [Member]

Accounting Standards Update 20XX-X5 [Member]

M13

M14

M13

M14

Equity, Including Portion Attributable to Noncontrolling Interest

Consolidated statement of stockholders' equity, ending balance

1000000

875000000

1714500000

9150000

-3000000

1720650000

-117775000

3000000

-114775000

6350000

9150000

2488225000

2479075000

Figure 5.3c

Notes:

•Figures 5.3a through 5.3c provide information for the reporting periods (20X0 and 20X2) with adjustments for transition to amendments from ASUs and error corrections. The other reporting periods (20X1 and 20X3) would be similarly structured without the use of the “Revision of Prior Period [Axis]” (A2) and its members.

•An extensible enumeration element is used to convey the type of error correction. “Error Correction, Type [Extensible Enumeration]” (XL20) is used to tag the fact value indicating the type of error correction affecting retained earnings in the Statement of Shareholders’ Equity. If a filer reports values from more than one error correction within the filing in the same reporting date context, then the “Error Correction, Type [Axis]” is intended to be used.

•ASU 20XX-X1 is assumed to be adopted with a retrospective transition method and applied to the earliest period presented in this example. ASU 20XX-X4 and 20XX-X5 are assumed to be adopted with a cumulative effect in the period of adoption transition method and applied to the opening balance in the current reporting period in this example.

Example 6—Effect on Financial Statement Line Items from Multiple Adjustments to Previously Reported Amounts

This example provides disclosure information about the effects of adjustments for reclassifications from discontinued operations and error corrections, shown separately in excerpts of the Statement of Income and the Statement of Financial Position. A reconciliation of the amounts previously reported to the adjusted amounts are shown in the tables below for the effected financial statement line items.


Entity ABC
Statements of Income Detail
For the Year Ended December 31,
		20X2						20X1
		A2:M6		A2:M9	A2:M8			A2:M6		A2:M9	A2:M8
(in thousands)		Amount previously reported		Reclassification of discontinued operations	Error corrections - misapplication of GAAP	Adjusted amount		Amount previously reported		Reclassification of discontinued operations	Error corrections - misapplication of GAAP	Adjusted amount
				[2]	[1]					[2]	[1]
Revenues	L11	$	145,450	(25,000)	(2,000)	$	118,450	$	125,325	(20,000)	(4,000)	$	101,325
Costs of revenues	L12	$	18,190	(6,250)	560	$	12,500	$	20,000	(2,695)	195	$	17,500
Selling, general and administrative expenses	L13	$	250	(200)	50	$	100	$	200	(100)	350	$	450
Other nonoperating income (expense), net	L14	$	(1,100)	(400)	—	$	(1,500)	$	(750)	(600)	—	$	(1,350)
Income (loss) from discontinued operations, net	L15	$	—	18,950	—	$	18,950	$	—	17,805	—	$	17,805

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] XL20 [2] XL21

Figure 6.1a


Entity ABC
Statements of Financial Position Detail
As of December 31,
		20X2						20X1
		A2:M6		A2:M9	A2:M8			A2:M6		A2:M9	A2:M8
(in thousands)		Amount previously reported		Reclassification of discontinued operations	Error corrections - misapplication of GAAP	Adjusted amount		Amount previously reported		Reclassification of discontinued operations	Error corrections - misapplication of GAAP	Adjusted amount
				[2]	[1]					[2]	[1]
Property, plant and equipment, net	L16	$	1,575,000	(85,000)	—	$	1,490,000	$	1,465,500	(67,000)	—	$	1,398,500
Total assets	L17	$	5,600,000	—	35,000	$	5,635,000	$	4,950,000	—	44,000	$	4,994,000
Total liabilities	L18	$	3,123,785	—	(65,000)	$	3,058,785	$	2,980,000	—	(48,000)	$	2,932,000
Assets held for sale from discontinued operations	L19	$	—	85,000	—	$	85,000	$	—	67,000	—	$	67,000

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] XL20 [2] XL21

Figure 6.1b

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Revision of Prior Period [Axis]

Duration

RestatementAxis

Revision of Prior Period [Domain]

Duration

RestatementDomain

Previously Reported [Member]

Duration

ScenarioPreviouslyReportedMember

Revision of Prior Period, Error Correction, Adjustment [Member]

Duration

RevisionOfPriorPeriodErrorCorrectionAdjustmentMember

Revision of Prior Period, Reclassification, Adjustment [Member]

Duration

RevisionOfPriorPeriodReclassificationAdjustmentMember

L11

Revenues

Credit

Duration

Revenues

L12

Cost of Revenue

Debit

Duration

CostOfRevenue

L13

Selling, General and Administrative Expense

Debit

Duration

SellingGeneralAndAdministrativeExpense

L14

Other Nonoperating Income (Expense)

Credit

Duration

OtherNonoperatingIncomeExpense

L15

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

Credit

Duration

IncomeLossFromDiscontinuedOperationsNetOfTax

L16

Property, Plant and Equipment, Net

Debit

Instant

PropertyPlantAndEquipmentNet

L17

Assets

Debit

Instant

Assets

L18

Liabilities

Credit

Instant

Liabilities

L19

Disposal Group, Including Discontinued Operation, Assets, Current

Debit

Instant

AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent

XL20

Error Correction, Type [Extensible Enumeration]

Duration

ErrorCorrectionTypeExtensibleList

XL21

Reclassification, Type [Extensible Enumeration]

Duration

ReclassificationTypeExtensibleList

Figure 6.2

The XBRL report views created using the modeling structure are provided here:

Standard Label

Preferred Label

Date Context

20X2-01-01 to 20X2-12-31

Revision of Prior Period [Axis]

Amount previously reported

Reclassification

Error corrections

Report-wide Value

L11

Revenues

145450000

-25000000

-2000000

118450000

L12

Cost of Revenue

Costs of revenues

18190000

-6250000

560000

12500000

L13

Selling, General and Administrative Expense

Selling, general and administrative expenses

250000

-200000

50000

100000

L14

Other Nonoperating Income (Expense)

Other nonoperating income (expense), net

-1100000

-400000

-1500000

L15

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

Income (loss) from discontinued operations, net

18950000

XL21

Reclassification, Type [Extensible Enumeration]

Reclassification of discontinued operations

http://www.abc.com/20X21231#DiscontinuedOperationsMember

XL20

Error Correction, Type [Extensible Enumeration]

Error corrections - misapplication of GAAP

http://www.abc.com/20X21231#MisapplicationOfGAAPMember

Figure 6.3a

Standard Label

Preferred Label

Date Context

20X2-12-31

Revision of Prior Period [Axis]

Amount previously reported

Reclassification

Error corrections

Report-wide Value

L16

Property, Plant and Equipment, Net

Property, plant and equipment, net

1575000000

-85000000

1490000000

L17

Assets

Total assets

5600000000

35000000

5635000000

L18

Liabilities

Total liabilities

3123785000

-65000000

3058785000

L19

Disposal Group, Including Discontinued Operation, Assets, Current

Assets held for sale from discontinued operations

85000000

Figure 6.3b

Notes:

•Figures 6.3a and 6.3b provide information for one reporting period (20X2). The other reporting period (20X1) would be similarly structured.

•An extensible enumeration element is used to convey the type of reclassification. “Reclassification, Type [Extensible Enumeration]” (XL21) is used to tag the fact value indicating which reclassification is affecting the comparability of the financial statements. If a filer reports values from more than one reclassification within the filing in the same reporting date context, then the “Reclassification, Type [Axis]” is intended to be used.

•An extensible enumeration element is used to convey the type of error correction. “Error Correction, Type [Extensible Enumeration]” (XL20) is used to tag the fact value indicating which error correction is affecting the financial statements. If a filer reports values from more than one error correction within the filing in the same reporting date context, then the “Error Correction, Type [Axis]” is intended to be used.

Example 7—Disclosure of Textual Transition Information

This example illustrates the modeling for disclosures reporting textual transition information about amendments from an ASU. In a note on significant accounting policies, ABC Company discloses information about the nature and timing of adopting Accounting Standards Update 20XX-X6.

Effective January 1, 20X3,[1] ABC Company (ABC Co.) early adopted[2] ASU 20XX-X6[3], using the full retrospective transition approach[4]. Overall, ASU 20XX-X6 had a material impact on ABC Co.'s consolidated financial statements. See below for additional information including the impacts of ASU 20XX-X6 on the previously reported financial statements.

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] L22 2025-01-01
[2] L23

[3] XL2
[4] XL24

Figure 7.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

XL2

Accounting Standards Update [Extensible Enumeration]

Duration

AccountingStandardsUpdateExtensibleList

L22

Change in Accounting Principle, Accounting Standards Update, Adoption Date

Instant

ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate

L23

Change in Accounting Principle, Accounting Standards Update, Early Adoption [true false]

Instant

ChangeInAccountingPrincipleAccountingStandardsUpdateEarlyAdoption

XL24

Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]

Duration

ChangeInAccountingPrincipleAccountingStandardsUpdateTransitionOptionElectedExtensibleList

Figure 7.2

The XBRL report views created using the modeling structure are provided here:



	Standard Label	Preferred Label
	Date Context		20X3-12-31
L22	Change in Accounting Principle, Accounting Standards Update, Adoption Date		20X3-01-01
L23	Change in Accounting Principle, Accounting Standards Update, Early Adoption [true false]	early adopted ASU 20XX-X6	true

Figure 7.3a



	Standard Label	Preferred Label
	Date Context		20X3-01-01 to 20X3-12-31
XL2	Accounting Standards Update [Extensible Enumeration]		http://fasb.org/us-gaap/20X3#AccountingStandardsUpdate20XXX6Member
XL24	Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]	full retrospective transition approach	http://fasb.org/us-gaap/20X3#AccountingStandardsUpdate20XXX6RetrospectiveMember

Figure 7.3b

Notes:

•In this example, “Change in Accounting Principle, Accounting Standards Update, Early Adoption [true false]” (L23) is used instead of “Change in Accounting Principle, Accounting Standards Update, Adopted [true false]” because the filer early adopted the amendment from the ASU. If the filer adopted the amendments from the ASU upon its effective date, then “Change in Accounting Principle, Accounting Standards Update, Adopted [true false]” would be used.

•An extensible enumeration element is used to convey the amendment from one ASU. “Accounting Standards Update [Extensible Enumeration]” (XL2) is used to tag the fact value indicating which amendment from an ASU is affecting the financial statements. If a filer reports values from amendments from more than one ASU within the filing in the same reporting date context, then the “Accounting Standards Update [Axis]” (A4) is intended to be used.

•ASU 20XX-X6 is assumed to be adopted with a retrospective transition method in this example. “Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]” (XL24) is used to tag the fact value indicating which transition option is elected only when there is a choice in transition options.

Example 8—Disclosure of Expected Impacts of ASU—Cumulative Effect in Period of Adoption

This example illustrates the modeling for disclosures reporting information about the expected impacts of amendments from an ASU with the cumulative effect in the period of adoption transition method (also known as the modified retrospective transition approach in this example). In a note on recently issued accounting standards, ABC Company discloses information related to the adoption of Accounting Standards Update 20XX-X7.

Effective January 1, 20X4[1], ABC Company will adopt ASU 20XX-X7[2] using the modified retrospective transition approach[3] as of the period of adoption by recording a cumulative effect adjustment to decrease retained earnings by $5 million[4] to $10 million[5]. The Company does not expect the adoption to have a material effect on operating results.

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] L22, A5:M15 January 1, 2026 [2] XL2, A5:M15

[3] XL24, A5:M15 [4] L1, A1:M3, A3:M11, A5:M15, A6:M16

[5] L1, A1:M3, A3:M11, A5:M15, A6:M17

Figure 8.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Equity Components [Axis]

Duration

StatementEquityComponentsAxis

Equity Component [Domain]

Duration

EquityComponentDomain

Retained Earnings [Member]

Duration

RetainedEarningsMember

Cumulative Effect, Period of Adoption [Axis]

Duration

CumulativeEffectPeriodOfAdoptionAxis

Cumulative Effect, Period of Adoption [Domain]

Duration

CumulativeEffectPeriodOfAdoptionDomain

M11

Cumulative Effect, Period of Adoption, Adjustment [Member]

Duration

CumulativeEffectPeriodOfAdoptionAdjustmentMember

Scenario [Axis]

Duration

StatementScenarioAxis

Scenario [Domain]

Duration

ScenarioUnspecifiedDomain

M15

Pro Forma [Member]

Duration

ProFormaMember

Statistical Measurement [Axis]

Duration

RangeAxis

Statistical Measurement [Domain]

Duration

RangeMember

M16

Minimum [Member]

Duration

MinimumMember

M17

Maximum [Member]

Duration

MaximumMember

XL2

Accounting Standards Update [Extensible Enumeration]

Duration

AccountingStandardsUpdateExtensibleList

Equity, Including Portion Attributable to Noncontrolling Interest

Credit

Instant

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

L22

Change in Accounting Principle, Accounting Standards Update, Adoption Date

Instant

ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate

XL24

Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]

Duration

ChangeInAccountingPrincipleAccountingStandardsUpdateTransitionOptionElectedExtensibleList

Figure 8.2

The XBRL report views created using the modeling structure are provided here:

Standard Label

Preferred Label

Date Context

20X4-12-31

Scenario [Axis]

Pro Forma [Member]

M15

Equity Components [Axis]

Retained Earnings [Member]

Cumulative Effect, Period of Adoption [Axis]

Cumulative Effect, Period of Adoption, Adjustment [Member]

M11

Statistical Measurement [Axis]

Minimum [Member]

Maximum [Member]

M16

M17

Equity, Including Portion Attributable to Noncontrolling Interest

retained earnings

-5000000

-10000000

L22

Change in Accounting Principle, Accounting Standards Update, Adoption Date

20X4-01-01

Figure 8.3a



	Standard Label	Preferred Label
	Date Context		20X4-01-01 to 20X4-12-31
	Scenario [Axis]		Pro Forma [Member]
	A5		M15
XL2	Accounting Standards Update [Extensible Enumeration]		http://fasb.org/us-gaap/20X3#AccountingStandardsUpdate20XXX7Member
XL24	Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]	modified retrospective transition approach	http://fasb.org/us-gaap/20X3#AccountingStandardsUpdate20XXX7ModifiedRetrospectiveMember

Figure 8.3b

Notes:

•In this example, the “Scenario [Axis]” (A5) and the “Pro Forma [Member]” (M15) are used because the amounts reported are expected and not actual impacts from the amendment from an ASU. The modeling for expected impacts of amendments from ASUs is consistent with the modeling for actual amounts. Therefore, when the filer adopts the amendments from the ASU and the amounts become actual, the modeling would be the same except the “Scenario [Axis]” (A5) and the “Pro Forma [Member]” (M15) would no longer be needed. Also, note that the members on the “Statistical Measurement [Axis]” (A6) may or may not be needed depending on whether a range is used to report amounts.

•An extensible enumeration element is used to convey the amendment from one ASU. “Accounting Standards Update [Extensible Enumeration]” (XL2) is used to tag the fact value indicating which amendment from an ASU is affecting the financial statements. If a filer reports values from amendments from more than one ASU within the filing in the same reporting date context, then the “Accounting Standards Update [Axis]” (A4) is intended to be used.

•ASU 20XX-X7 is assumed to be adopted with a cumulative effect in the period of adoption transition method in this example. “Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]” (XL24) is used to tag the fact value indicating which transition option is elected only when there is a choice in transition option.

Example 9—Disclosure of Expected Impacts of ASU—Retrospective Effect on Financial Statement Line Items

This example illustrates the modeling for disclosures reporting information related to the expected impacts of amendments from an ASU with the retrospective transition method. In a note on recently issued accounting standards, ABC Company discloses information related to the impact that the recently issued accounting standard (Accounting Standards Update 20XX-X8) will have on the Statement of Financial Position when the standard is adopted in a future period.

Effective January 1, 20X4[1], ABC Company will adopt ASU 20XX-X8[2][3] using the full retrospective transition approach[4]. The Company completed a preliminary assessment of adopting ASU 20XX-X8 on 20X3 and 20X2 operating results. Th to e adoption is expected to have the following impact on select financial statement line items for the periods presented for the years ended:



(in thousands, except per share amounts)
		Year Ended December 31,
		20X3		20X2

Revenue	L25, A5:M15	$	940,100	$	870,000
Cost of sales	L26, A5:M15	(250,000)		(225,000)
Gross Profit	L27, A5:M15	$	690,100	$	645,000

Basic Earnings per share	L28, A5:M15	$	11.25	$	8.41
Diluted Earnings per share	L29, A5:M15	$	11.17	$	8.35

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] L22, A5:M15 January 1, 2026 [2] XL2, A5:M15

[3] XL39, A5:M15 [4] XL24, A5:M15

Figure 9.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Scenario [Axis]

Duration

StatementScenarioAxis

Scenario [Domain]

Duration

ScenarioUnspecifiedDomain

M15

Pro Forma [Member]

Duration

ProFormaMember

XL2

Accounting Standards Update [Extensible Enumeration]

Duration

AccountingStandardsUpdateExtensibleList

L22

Change in Accounting Principle, Accounting Standards Update, Adoption Date

Instant

ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate

L25

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L26

Cost of Product and Service Sold

Debit

Duration

CostOfGoodsAndServicesSold

L27

Gross Profit

Credit

Duration

GrossProfit

L28

Earnings Per Share, Basic

Duration

EarningsPerShareBasic

L29

Earnings Per Share, Diluted

Duration

EarningsPerShareDiluted

XL24

Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]

Duration

ChangeInAccountingPrincipleAccountingStandardsUpdateTransitionOptionElectedExtensibleList

XL39

Change in Accounting Principle, Accounting Standards Update, Adopted [true false]

Instant

ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted

Figure 9.2

The XBRL report views created using the modeling structure are provided here:



	Standard Label	Preferred Label
	Date Context		20X3-01-01 to 20X3-12-31
	Scenario [Axis]		Pro Forma [Member]
	A5		M15
L25	Revenue from Contract with Customer, Excluding Assessed Tax	Revenue	940100000
L26	Cost of Product and Service Sold	Cost of sales	250000000
L27	Gross Profit	Gross Profit	690100000
L28	Earnings Per Share, Basic	Basic Earnings per share	11.25
L29	Earnings Per Share, Diluted	Diluted Earnings per share	11.17

Figure 9.3a



	Standard Label
	Date Context	20X4-12-31
	Scenario [Axis]	Pro Forma [Member]
	A5	M15
L22	Change in Accounting Principle, Accounting Standards Update, Adoption Date	20X4-01-01
XL39	Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true

Figure 9.3b



	Standard Label	Preferred Label
	Date Context		20X4-01-01 to 20X4-12-31
	Scenario [Axis]		Pro Forma [Member]
	A5		M15
XL2	Accounting Standards Update [Extensible Enumeration]		http://fasb.org/us-gaap/20X3#AccountingStandardsUpdate20XXX8Member
XL24	Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]	full retrospective transition approach	http://fasb.org/us-gaap/20X3#AccountingStandardsUpdate20XXX8RetrospectiveMember

Figure 9.3c

Notes:

•The XBRL report view represents the date context for 20X3. The other reporting period (20X2) would be similarly structured.

•In this example, the “Scenario [Axis]” (A5) and the “Pro Forma [Member]” (M15) are used because the amounts reported are expected and not actual impacts from the amendment from an ASU. The modeling for expected impacts of amendments from ASUs is consistent with the modeling for actual amounts. Therefore, when the filer adopts the amendments from ASUs and the amounts become actual, the modeling would be the same except the “Scenario [Axis]” (A5) and the “Pro Forma [Member]” (M15) would no longer be needed.

•An extensible enumeration element is used to convey the amendment from one ASU. “Accounting Standards Update [Extensible Enumeration]” (XL2) is used to tag the fact value indicating which amendment from an ASU is affecting the financial statements. If a filer reports values from amendments from more than one ASU within the filing in the same reporting date context, then the “Accounting Standards Update [Axis]” (A4) is intended to be used.

•ASU 20XX-X8 is assumed to be adopted with a retrospective transition method in this example. “Change in Accounting Principle, Accounting Standards Update, Transition Option Elected [Extensible Enumeration]” (XL24) is used to tag the fact value indicating which transition option is elected only when there is a choice in transition option.

Example 10—Disclosure of Effects on Financial Statement Line Items from a Change in Reporting Entity

This example illustrates the modeling for disclosures reporting information related to the effects on certain financial statement line items from a change in reporting entity. In a note on change in reporting entity, ABC-XYZ Company (formerly ABC Company) discloses information related to its merger with XYZ Company which was accounted for as a change in reporting entity and a transaction between entities under common control of Parent Company.

Effective January 1, 20X3, ABC Company merged with XYZ Company to become ABC-XYZ Company. Both entities are under common control of Parent Company and the merger was accounted for as a change in reporting entity[1]. As a result, the consolidated financial statements are combined to include both entities and all intercompany transactions have been eliminated. The effect of the change in reporting entity on select financial statement line items for the periods presented for the years ended was as follows:



(in thousands, except per share amounts)
		Year Ended December 31,
		20X2		20X1

Net income from continuing operations attributable to ABC-XYZ Company	L31, A2:M10	$	100,000	$	50,000
Net income attributable to ABC-XYZ Company	L32, A2:M10	$	250,000	$	75,000
Net earnings per common share attributable to ABC-XYZ Company:
Basic Earnings per share	L28, A2:M10	$	1.56	$	0.77
Diluted Earnings per share	L29, A2:M10	$	1.54	$	0.76
Other comprehensive income (loss)	L33, A2:M10	$	14,000	$	5,000

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] L30

Figure 10.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Revision of Prior Period [Axis]

Duration

RestatementAxis

Revision of Prior Period [Domain]

Duration

RestatementDomain

M10

Change in Reporting Entity, Adjustment [Member]

Duration

ChangeInReportingEntityAdjustmentMember

L30

Change in Reporting Entity [true false]

Duration

ChangeInReportingEntity1

L31

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

Credit

Duration

IncomeLossFromContinuingOperations

L32

Net Income (Loss) Attributable to Parent

Credit

Duration

NetIncomeLoss

L28

Earnings Per Share, Basic

Duration

EarningsPerShareBasic

L29

Earnings Per Share, Diluted

Duration

EarningsPerShareDiluted

L33

Other Comprehensive Income (Loss), Net of Tax

Credit

Duration

OtherComprehensiveIncomeLossNetOfTax

Figure 10.2

The XBRL report views created using the modeling structure are provided here:



	Standard Label	Preferred Label
	Date Context		20X2-01-01 to 20X2-12-31
	Revision of Prior Period [Axis]		Change in Reporting Entity, Adjustment [Member]
	A2		M10
L31	Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent	Net income from continuing operations attributable to ABC-XYZ Company	100000000
L32	Net Income (Loss) Attributable to Parent	Net income attributable to ABC-XYZ Company	250000000
L28	Earnings Per Share, Basic	Net earnings per common share attributable to ABC-XYZ Company, Basic Earnings per share	1.56
L29	Earnings Per Share, Diluted	Net earnings per common share attributable to ABC-XYZ Company, Diluted Earnings per share	1.54
L33	Other Comprehensive Income (Loss), Net of Tax	Other comprehensive income (loss)	14000000

Figure 10.3a



	Standard Label	Preferred Label
	Date Context		20X3-01-01 to 20X3-12-31
L30	Change in Reporting Entity [true false]	merger was accounted for as a change in reporting entity	true

Figure 10.3b

Notes:

•The XBRL report view represents the date context for 20X2 and 20X3. The other reporting period (20X1) would be similarly structured.

•In this example, “Consolidated Entities [Axis]” and “Consolidation Items [Axis]” are not used because the filer shows the effects on certain financial statement line items from a change in reporting entity and does not report financial statement line items by entity and by consolidation components such as eliminations. If a filer does show such consolidation items, then those axes would be included in the tagging. Although the existing axes are not specific to change in reporting entity the underlying nature of the transaction is similar.

Example 11—Disclosure of Effects on (five) Financial Statement Line Items and (three) Disclosure Line Items from Change in Accounting Estimate

This example illustrates the modeling for disclosures reporting information related to the effects on certain financial statement line items from a change in accounting estimate. In a note on change in accounting estimate, ABC Company discloses information related to the impact from two changes in accounting estimates–one from a change in estimated useful life of its equipment and the other from change in amortization period of its customer contracts.

ABC company completed its assessment of the useful life of our shop equipment and determined we should increase the estimated useful life of the equipment from 3 (L34, A7:M18) to 4 (L34, A7:M18) years starting in 20X3 resulting in a change of 1 (L34, A7:M18, A9:M20) year. Also, during the year, ABC extended the amortization period of its customer contracts from 10 (L35, A8:M19) to 15 (L35, A8:M19) years resulting in a change of 5 (L35, A8:M19, A9:M21) years.

The impact of these changes in accounting estimate[1] for the year ended December 31, 20X3 was as follows:



Decrease to depreciation expense	L37, A9:M20	$	8,000,000
Decrease to amortization expense	L38, A9:M21	$	5,000,000
Increase to net income	L8, A9:ExM22	$	9,000,000
Increase to earnings per share, basic	L28, A9:ExM22	0.13
Increase to earnings per share, diluted	L29, A9:ExM22	0.11

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] L36, A9:ExM22

Figure 11.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Long-Lived Tangible Asset [Axis]

Duration

PropertyPlantAndEquipmentByTypeAxis

Long-Lived Tangible Asset [Domain]

Duration

PropertyPlantAndEquipmentTypeDomain

M18

Equipment [Member]

Duration

EquipmentMember

Finite-Lived Intangible Assets by Major Class [Axis]

Duration

FiniteLivedIntangibleAssetsByMajorClassAxis

Finite-Lived Intangible Assets, Major Class Name [Domain]

Duration

FiniteLivedIntangibleAssetsMajorClassNameDomain

M19

Customer Contracts [Member]

Duration

CustomerContractsMember

Effect of Change in Accounting Estimate, Type [Axis]

Duration

ChangeInAccountingEstimateByTypeAxis

Effect of Change in Accounting Estimate, Type [Domain]

Duration

ChangeInAccountingEstimateTypeDomain

ExM22

Service Life and Intangible Assets, Amortization Period [Member]

Duration

ServiceLifeMemberAndIntangibleAssetsAmortizationPeriodMember

M20

Service Life [Member]

Duration

ServiceLifeMember

M21

Intangible Assets, Amortization Period [Member]

Duration

IntangibleAssetsAmortizationPeriodMember

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

Credit

Duration

ProfitLoss

L28

Earnings Per Share, Basic

Duration

EarningsPerShareBasic

L29

Earnings Per Share, Diluted

Duration

EarningsPerShareDiluted

L34

Property, Plant and Equipment, Useful Life

Instant

PropertyPlantAndEquipmentUsefulLife

L35

Finite-Lived Intangible Asset, Useful Life

Instant

FiniteLivedIntangibleAssetUsefulLife

L36

Change in Accounting Estimate, Occurred [true false]

Duration

ChangeInAccountingEstimate

L37

Depreciation

Debit

Duration

Depreciation

L38

Amortization of Intangible Assets

Debit

Duration

AmortizationOfIntangibleAssets

Figure 11.2

The XBRL report views created using the modeling structure are provided here:

Standard Label

Preferred Label

Date Context

20X2-12-31

Long-Lived Tangible Asset [Axis]

Equipment [Member]

M18

Finite-Lived Intangible Assets by Major Class [Axis]

Customer Contracts [Member]

M19

L34

Property, Plant and Equipment, Useful Life

useful life of the equipment

P3Y

L35

Finite-Lived Intangible Asset, Useful Life

amortization period of its customer contracts

P10Y

Figure 11.3a

Standard Label

Preferred Label

Date Context

20X3-12-31

Long-Lived Tangible Asset [Axis]

Equipment [Member]

M18

Finite-Lived Intangible Assets by Major Class [Axis]

Customer Contracts [Member]

M19

Effect of Change in Accounting Estimate, Type [Axis]

Service Life [Member]

Intangible Assets, Amortization Period [Member]

M20

M21

L34

Property, Plant and Equipment, Useful Life

useful life of the equipment

P4Y

P1Y

L35

Finite-Lived Intangible Asset, Useful Life

amortization period of its customer contracts

P15Y

P5Y

Figure 11.3b

Standard Label

Preferred Label

Date Context

20X3-01-01 to 20X3-12-31

Effect of Change in Accounting Estimate, Type [Axis]

Service Life [Member]

Intangible Assets, Amortization Period [Member]

Service Life and Intangible Assets, Amortization Period [Member]

M20

M21

ExM22

L37

Depreciation

Decrease to depreciation expense

-8000000

L38

Amortization of Intangible Assets

Decrease to amortization expense

-5000000

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

Increase to net income

9000000

L28

Earnings Per Share, Basic

Increase to earnings per share, basic

0.13

L29

Earnings Per Share, Diluted

Increase to earnings per share, diluted

0.11

L36

Change in Accounting Estimate, Occurred [true false]

changes in accounting estimate

true

Figure 11.3c

Notes:

•The XBRL report view represents the date context for 20X2 and 20X3. The date context for 20X2 is shown to emphasize that the “Effect of Change in Accounting Estimate, Type [Axis]” (A9) is not used on the prior period date context since the change did not impact the prior reporting period.

•In this example, ABC Company provides disaggregated information about the change in accounting estimate for line-item elements of “Depreciation” (L37) and “Amortization of Intangible Assets” (L38). Therefore, the individual member elements of “Service Life [Member]” (M20) and “Intangible Assets, Amortization Period [Member]” (M21) are used in the tagging with those line-item elements, respectively, instead of the combined member element “Service Life and Intangible Assets, Amortization Period [Member]” (ExM22) for those fact values as shown in Figure 11.3c.

Example 12—Disclosure of Effects on (three) Financial Statement Line Items and (three) Disclosure Line Items from Change in Accounting Estimate

ABC company completed its assessment of the useful life of our shop equipment and determined we should increase the estimated useful life of the equipment from 3 (L34, A7:M18) to 4 (L34, A7:M18) years starting in 20X3 resulting in a change of 1 (L34, A7:M18, A9:ExM22) year. Also, during the year, ABC extended the amortization period of its customer contracts from 10 (L35, A8:M19) to 15 (L35, A8:M19) years resulting in a change of 5 (L35, A8:M19, A9:ExM22) years.

The impact of these changes in accounting estimate[1] for the year ended December 31, 20X1 was as follows:



Increase to net income	L8, A9:ExM22	$	15,000,000
Increase to earnings per share, basic	L28, A9:ExM22	0.25
Increase to earnings per share, diluted	L29, A9:ExM22	0.22

_____________________________

Legend†:

†This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] L36, A9:ExM22

Figure 12.1

The legend for the elements used to tag these facts follows:

Standard Label

Balance Type

Period Type

Element Name

Long-Lived Tangible Asset [Axis]

Duration

PropertyPlantAndEquipmentByTypeAxis

Long-Lived Tangible Asset [Domain]

Duration

PropertyPlantAndEquipmentTypeDomain

M18

Equipment [Member]

Duration

EquipmentMember

Finite-Lived Intangible Assets by Major Class [Axis]

Duration

FiniteLivedIntangibleAssetsByMajorClassAxis

Finite-Lived Intangible Assets, Major Class Name [Domain]

Duration

FiniteLivedIntangibleAssetsMajorClassNameDomain

M19

Customer Contracts [Member]

Duration

CustomerContractsMember

Effect of Change in Accounting Estimate, Type [Axis]

Duration

ChangeInAccountingEstimateByTypeAxis

Effect of Change in Accounting Estimate, Type [Domain]

Duration

ChangeInAccountingEstimateTypeDomain

ExM22

Service Life and Intangible Assets, Amortization Period [Member]

Duration

ServiceLifeMemberAndIntangibleAssetsAmortizationPeriodMember

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

Credit

Duration

ProfitLoss

L28

Earnings Per Share, Basic

Duration

EarningsPerShareBasic

L29

Earnings Per Share, Diluted

Duration

EarningsPerShareDiluted

L34

Property, Plant and Equipment, Useful Life

Instant

PropertyPlantAndEquipmentUsefulLife

L35

Finite-Lived Intangible Asset, Useful Life

Instant

FiniteLivedIntangibleAssetUsefulLife

L36

Change in Accounting Estimate, Occurred [true false]

Duration

ChangeInAccountingEstimate

Figure 12.2

The XBRL report views created using the modeling structure are provided here:

Standard Label

Preferred Label

Date Context

20X2-12-31

Long-Lived Tangible Asset [Axis]

Equipment [Member]

M18

Finite-Lived Intangible Assets by Major Class [Axis]

Customer Contracts [Member]

M19

L34

Property, Plant and Equipment, Useful Life

useful life of the equipment

P3Y

L35

Finite-Lived Intangible Asset, Useful Life

amortization period of its customer contracts

P10Y

Figure 12.3a

Standard Label

Preferred Label

Date Context

20X3-12-31

Long-Lived Tangible Asset [Axis]

Equipment [Member]

M18

Finite-Lived Intangible Assets by Major Class [Axis]

Customer Contracts [Member]

M19

Effect of Change in Accounting Estimate, Type [Axis]

Service Life and Intangible Assets, Amortization Period [Member]

ExM22

L34

Property, Plant and Equipment, Useful Life

useful life of the equipment

P4Y

P1Y

L35

Finite-Lived Intangible Asset, Useful Life

amortization period of its customer contracts

P15Y

P5Y

Figure 12.3b


	Standard Label	Preferred Label
	Date Context		20X3-01-01 to 20X3-12-31
	Effect of Change in Accounting Estimate, Type [Axis]		Service Life and Intangible Assets, Amortization Period [Member]
	A9		ExM22
L36	Change in Accounting Estimate, Occurred [true false]	changes in accounting estimate	true
L8	Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	Increase to net income	15000000
L28	Earnings Per Share, Basic	Increase to earnings per share, basic	0.25
L29	Earnings Per Share, Diluted	Increase to earnings per share, diluted	0.22

Figure 12.3c

Notes:

•In this example, ABC Company provides less disaggregated information about the change in accounting estimate than in Example 11. Therefore, the combined member element of “Service Life and Intangible Assets, Amortization Period [Member]” (ExM22) is only used in the tagging with the impacted line-item elements as shown in Figure 12.3c.

Appendix A—Changes to 2025 GAAP Taxonomy Implementation Guide 4.0 from 2024 GAAP Taxonomy Implementation Guide 3.0


Example Number(s) or Section	Figure(s)	Explanation
Overview		Added Example 11 and Example 12.
General Information		Added A7, A8, and A9 with respective members to General Legend.
Section 1: Overview of Modeling		Updated language for modeling of change in accounting estimate.
Section 2: Example 4	4.1, 4.2, 4.3a, 4.3b, 4.3c, Notes	Updated example to include tagging of ASU adoption date, transition method, and ASU adopted (with L22, XL24, and XL39, respectively).
Section 2: Example 8	8.1, 8.2, 8.3b, Notes	Updated example to include tagging of ASU transition method (with XL24).
Section 2: Example 9	9.1, 9.2, 9.3c, Notes	Updated example to include tagging of ASU transition method and ASU adopted (with XL24 and XL39, respectively).
Section 2: Example 11	11.1, 11.2, 11.3a through 11.c	Added new example.
Section 2: Example 12	12.1, 12.2, 12.3a through 12.3c	Added new example.

Example Number(s) or Section

Figure(s)

Explanation

2024 Reference

2024 Element

2024 Standard Label

2025 Reference

2025 Element

2025 Standard Label

Example 9

9.2, 9.3a

Updated Standard Label.

L26

CostOfGoodsAndServicesSold

Cost of Goods and Services Sold

L26

CostOfGoodsAndServicesSold

Cost of Product and Service Sold