P1YP1YP1YP1Yhttp://fasb.org/us-gaap/2023#ProductMemberhttp://fasb.org/us-gaap/2023#ProductMember01234567892023-01-012023-12-310123456789abc:ConsumerProductsSegmentMembersrt:NorthAmericaMember2023-01-012023-12-31iso4217:USD0123456789abc:TransportationSegmentMembersrt:NorthAmericaMember2023-01-012023-12-310123456789srt:NorthAmericaMemberabc:EnergySegmentMember2023-01-012023-12-310123456789srt:NorthAmericaMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMembersrt:EuropeMember2023-01-012023-12-310123456789abc:TransportationSegmentMembersrt:EuropeMember2023-01-012023-12-310123456789srt:EuropeMemberabc:EnergySegmentMember2023-01-012023-12-310123456789srt:EuropeMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMembersrt:AsiaMember2023-01-012023-12-310123456789abc:TransportationSegmentMembersrt:AsiaMember2023-01-012023-12-310123456789srt:AsiaMemberabc:EnergySegmentMember2023-01-012023-12-310123456789srt:AsiaMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMember2023-01-012023-12-310123456789abc:TransportationSegmentMember2023-01-012023-12-310123456789abc:EnergySegmentMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMemberabc:OfficeSuppliesMember2023-01-012023-12-310123456789abc:TransportationSegmentMemberabc:OfficeSuppliesMember2023-01-012023-12-310123456789abc:OfficeSuppliesMemberabc:EnergySegmentMember2023-01-012023-12-310123456789abc:OfficeSuppliesMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMemberabc:AppliancesMember2023-01-012023-12-310123456789abc:TransportationSegmentMemberabc:AppliancesMember2023-01-012023-12-310123456789abc:AppliancesMemberabc:EnergySegmentMember2023-01-012023-12-310123456789abc:AppliancesMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMemberabc:ClothingMember2023-01-012023-12-310123456789abc:TransportationSegmentMemberabc:ClothingMember2023-01-012023-12-310123456789abc:ClothingMemberabc:EnergySegmentMember2023-01-012023-12-310123456789abc:ClothingMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMemberabc:MotorcyclesMember2023-01-012023-12-310123456789abc:TransportationSegmentMemberabc:MotorcyclesMember2023-01-012023-12-310123456789abc:MotorcyclesMemberabc:EnergySegmentMember2023-01-012023-12-310123456789abc:MotorcyclesMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMemberus-gaap:AutomobilesMember2023-01-012023-12-310123456789abc:TransportationSegmentMemberus-gaap:AutomobilesMember2023-01-012023-12-310123456789us-gaap:AutomobilesMemberabc:EnergySegmentMember2023-01-012023-12-310123456789us-gaap:AutomobilesMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMemberabc:SolarPanelsMember2023-01-012023-12-310123456789abc:TransportationSegmentMemberabc:SolarPanelsMember2023-01-012023-12-310123456789abc:SolarPanelsMemberabc:EnergySegmentMember2023-01-012023-12-310123456789abc:SolarPanelsMember2023-01-012023-12-310123456789abc:PowerPlantMemberabc:ConsumerProductsSegmentMember2023-01-012023-12-310123456789abc:PowerPlantMemberabc:TransportationSegmentMember2023-01-012023-12-310123456789abc:PowerPlantMemberabc:EnergySegmentMember2023-01-012023-12-310123456789abc:PowerPlantMember2023-01-012023-12-310123456789us-gaap:TransferredAtPointInTimeMemberabc:ConsumerProductsSegmentMember2023-01-012023-12-310123456789us-gaap:TransferredAtPointInTimeMemberabc:TransportationSegmentMember2023-01-012023-12-310123456789us-gaap:TransferredAtPointInTimeMemberabc:EnergySegmentMember2023-01-012023-12-310123456789us-gaap:TransferredAtPointInTimeMember2023-01-012023-12-310123456789abc:ConsumerProductsSegmentMemberus-gaap:TransferredOverTimeMember2023-01-012023-12-310123456789abc:TransportationSegmentMemberus-gaap:TransferredOverTimeMember2023-01-012023-12-310123456789us-gaap:TransferredOverTimeMemberabc:EnergySegmentMember2023-01-012023-12-310123456789us-gaap:TransferredOverTimeMember2023-01-012023-12-3101234567892023-12-3198765432102024-01-012023-12-3198765432102025-01-012023-12-3198765432102023-12-3198765432112024-01-012023-12-3198765432112025-01-012023-12-3198765432112026-01-012023-12-3198765432112023-12-310123456789abc:SalesCommissionMember2023-12-310123456789abc:MigrationAndTestingMember2023-12-310123456789abc:SoftwareMember2023-12-3198765432102023-01-012023-12-3198765432112023-01-012023-12-319876543212us-gaap:ElectricityUsRegulatedMember2023-01-012023-12-319876543212us-gaap:NaturalGasUsRegulatedMember2023-01-012023-12-3198765432122023-01-012023-12-319876543213abc:CasinoAndRacingMember2023-01-012023-12-319876543213us-gaap:FoodAndBeverageMember2023-01-012023-12-319876543213us-gaap:OccupancyMember2023-01-012023-12-319876543213abc:RetailAndEntertainmentMember2023-01-012023-12-3198765432132023-01-012023-12-319876543214us-gaap:ProductMember2023-01-012023-12-319876543214us-gaap:ServiceMember2023-01-012023-12-3198765432142023-01-012023-12-319876543215us-gaap:ProductMember2023-01-012023-12-319876543215abc:TransportationStorageAndOtherServicesMember2023-01-012023-12-3198765432152023-01-012023-12-3198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Version 5.0

March 2023

Revenue from Contracts with Customers (Including Statement Presentation of Revenue and Cost of Revenue)

(2023 GAAP Taxonomy†)

GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy

(collectively referred to as the "GAAP Taxonomy")

Implementation Guide Series

† Changes from the 2021 GAAP Taxonomy Implementation Guide are included in Appendix A.

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The GAAP Taxonomy Implementation Guide is not authoritative; rather, it is a document that communicates how the GAAP Financial Reporting Taxonomy (GRT) and SEC Reporting Taxonomy (SRT) (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 © 2023 by Financial Accounting Foundation. All rights reserved. Content copyrighted by Financial Accounting Foundation may not be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the Financial Accounting Foundation. Financial Accounting Foundation claims no copyright in any portion hereof that constitutes a work of the United States Government.

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GAAP Taxonomy Implementation Guide on Revenue from Contracts with Customers (Including Statement Presentation of Revenue and Cost of Revenue)

Overview

The purpose of this GAAP Taxonomy Implementation Guide (Guide) is to demonstrate the modeling for disclosures related to revenue from contracts with customers under the FASB Accounting Standards Codification® Topic 606 and revenue and cost of revenue presentation in the Statement of Income. 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 disclosures in its financial statements. The examples are provided to help users of the GAAP Financial Reporting Taxonomy and the SEC Reporting Taxonomy (collectively referred to as the "GAAP Taxonomy") understand how the modeling for disclosures of revenue from contracts with customers and revenue and cost of revenue in the Statement of Income is structured within the GAAP Taxonomy. The examples are based on the assumption that an entity meets the criteria for reporting revenue from contracts with customers 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 this 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).

There are two parts included in this Guide:

•Part I. Revenue from Contracts with Customers disclosure examples

This part includes the following five examples:

◦Example 1—Disclosure of Disaggregated Revenue

◦Example 2—Disclosure of Contract Asset and Liability

◦Example 3—Disclosure of Transaction Price Allocated to the Remaining Performance Obligations—Defined End Point

◦Example 4—Disclosure of Transaction Price Allocated to the Remaining Performance Obligations—Undefined End Point

◦Example 5—Disclosure of Costs Incurred to Obtain or Fulfill a Contract

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•Part II. Statement of Income presentation

This part includes the following ten examples:

◦Example 6—Revenue and Cost of Revenue in the Statement of Income Presentation—Unspecified Type of Revenue from Contracts with Customers

◦Example 7—Revenue and Cost of Revenue in the Statement of Income Presentation—One Type of Revenue from Contracts with Customers

◦Example 8—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue from Contracts with Customers—Use of GAAP Taxonomy Members

◦Example 9—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue from Contracts with Customers—Use of Extension Members

◦Example 10—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue—Revenue from Contracts with Customers and Lease Revenue

◦Example 11—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue—Revenue from Contracts with Customers and Revenue Other than Topic 606 (Including Lease Revenue)—Combined Presentation

◦Example 12—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue—Revenue from Contracts with Customers and Revenue Other than Topic 606 (Including Lease Revenue)—Separate Presentation

◦Example 13a—Revenue and Cost of Revenue in the Statement of Income Presentation—Financial Institution—Includes Subtotals in the Revenue Note Disclosure—Alternative 1

◦Example 13b—Revenue and Cost of Revenue in the Statement of Income Presentation—Financial Institution—Includes Subtotals in the Revenue Note Disclosure—Alternative 2

◦Example 14—Revenue and Cost of Revenue in the Statement of Income Presentation—Financial Institution—No Subtotals in the Revenue Note Disclosure with Further Disaggregation

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General Information

(1)A legend for dimensions and domain members has been provided to associate with facts contained in the notes to the 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			Segments [Axis]			StatementBusinessSegmentsAxis
			Segments [Domain]			SegmentDomain
ExM1			Consumer Products Segment [Member]			ConsumerProductsSegmentMember
ExM2			Transportation Segment [Member]			TransportationSegmentMember
ExM3			Energy Segment [Member]			EnergySegmentMember
ExM4			Refined Product Segment [Member]			RefinedProductSegmentMember
ExM5			Crude Oil Segment [Member]			CrudeOilSegmentMember
A2			Geographical [Axis]			StatementGeographicalAxis
			Geographical [Domain]			SegmentGeographicalDomain
M6			North America [Member]			NorthAmericaMember
M7			Europe [Member]			EuropeMember
M8			Asia [Member]			AsiaMember
A3			Product and Service [Axis]			ProductOrServiceAxis
			Product and Service [Domain]			ProductsAndServicesDomain
ExM9			Office Supplies [Member]			OfficeSuppliesMember
ExM10			Appliances [Member]			AppliancesMember
ExM11			Clothing [Member]			ClothingMember
ExM12			Motorcycles [Member]			MotorcyclesMember
M13			Automobiles [Member]			AutomobilesMember
ExM14			Solar Panels [Member]			SolarPanelsMember
ExM15			Power Plant [Member]			PowerPlantMember
M16			Electricity, US Regulated [Member]			ElectricityUsRegulatedMember
M17			Natural Gas, US Regulated [Member]			NaturalGasUsRegulatedMember
ExM18			Casino and Racing [Member]			CasinoAndRacingMember
M19			Casino [Member]			CasinoMember
M20			Food and Beverage [Member]			FoodAndBeverageMember
M21			Occupancy [Member]			OccupancyMember
ExM22			Retail and Entertainment [Member]			RetailAndEntertainmentMember
M23			Retail [Member]			RetailMember
M24			Entertainment [Member]			EntertainmentMember
M25			Product [Member]			ProductMember
M26			Service [Member]			ServiceMember
M27			Service, Other [Member]			ServiceOtherMember
ExM28			Transportation, Storage, and Other Services [Member]			TransportationStorageAndOtherServicesMember
ExM29			Pipeline Transportation [Member]			PipelineTransportationMember
ExM30			Terminalling and Storage Service [Member]			TerminallingAndStorageServiceMember
(Continues)

3

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Coding			Standard Label			Element Name
M31			Deposit Account [Member]			DepositAccountMember
ExM32			Account Maintenance Fees [Member]			AccountMaintenanceFeesMember
ExM33			Overdraft Fees [Member]			OverdraftFeesMember
M34			Credit and Debit Card [Member]			CreditAndDebitCardMember
ExM35			Trust and Investment Management Fees [Member]			TrustAndInvestmentManagementFeesMember
ExM36			Trust Fees [Member]			TrustFeesMember
M37			Investment Advisory, Management and Administrative Service [Member]			InvestmentAdvisoryManagementAndAdministrativeServiceMember
ExM38			Property and Casualty Brokerage Fees [Member]			PropertyAndCasualtyBrokerageFeesMember
A4			Timing of Transfer of Good or Service [Axis]			TimingOfTransferOfGoodOrServiceAxis
			Timing of Transfer of Good or Service [Domain]			TimingOfTransferOfGoodOrServiceDomain
M39			Transferred at Point in Time [Member]			TransferredAtPointInTimeMember
M40			Transferred over Time [Member]			TransferredOverTimeMember
A5			Capitalized Contract Cost [Axis]			CapitalizedContractCostAxis
			Capitalized Contract Cost [Domain]			CapitalizedContractCostDomain
ExM41			Sales Commission [Member]			SalesCommissionMember
ExM42			Migration and Testing [Member]			MigrationAndTestingMember
ExM43			Software [Member]			SoftwareMember
A6			Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]			RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis
20X1-01-01
20X2-01-01
20X3-01-01
A7			Consolidation Items [Axis]			ConsolidationItemsAxis
			Consolidation Items [Domain]			ConsolidationItemsDomain
M44			Operating Segments [Member]			OperatingSegmentsMember
M45			Intersegment Eliminations [Member]			IntersegmentEliminationMember
(Continued)

(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), while duration elements have a starting and ending date as their context (such as January 1 to 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

4

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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 the 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.

5

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Part I. Revenue from Contracts with Customers disclosure examples

Section 1: Overview of Modeling

This section provides an overview of the modeling for the revenue from contracts with customers. The expected variability in disclosures among filing entities for the disaggregation of revenue, types of capitalized costs, and timing of satisfaction of remaining performance obligations required a flexible modeling structure in the GAAP Taxonomy to accommodate the disclosure requirements.

In Example 1, dimensions (denoted by [Axis] in the standard label) are used to disaggregate revenue by category. The appropriate line item element for revenue is used with the dimensions to provide consistency among filers but allowing for variability in the categories that may be used to disaggregate.

In Examples 3 and 4, a typed dimension is used to provide a flexible structure for the time bands for the duration of the remaining performance obligations, specifically, for the starting date of the duration. The dimension is restricted to a specific format for its members which is a date (YYYY-MM-DD). It is intended to be applied in conjunction with line item elements to tag the fact value for the dates in which the remaining performance obligations are expected to be recognized.

This multiple date dimension represents certain facts reported as part of the current context and also has relevant information that links those facts to other time periods. In other words, multiple date dimension-members represent the date attribute that is reported for certain facts but is different from the contextual date or reporting date.

In Example 5, a dimension is used to disaggregate the capitalized costs for obtaining or fulfilling contracts with customers by category of asset. The line item element provides consistency between filers with the dimension allowing for the variability in the categorization.

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Section 2: Examples of Modeling

This section includes examples of modeling for the revenue from contracts with customers.

Example 1—Disclosure of Disaggregated Revenue

This Example illustrates the modeling for disclosure of disaggregated revenue from contracts with customers by primary geographical market, major product line, and timing of revenue recognition.

						A1:ExM1			A1:ExM2			A1:ExM3
Year Ended December 31, 20X0						Consumer Products			Transportation			Energy			Total
Primary geographical markets
North America			L1, A2:M6			$	990		$	2,250		$	5,250		$	8,490
Europe			L1, A2:M7			300			750			1,000			2,050
Asia			L1, A2:M8			700			260			—			960
Total revenue			L1			$	1,990		$	3,260		$	6,250		$	11,500
Major goods/service lines
Office supplies			L1, A3:ExM9			$	600		$	—		$	—		$	600
Appliances			L1, A3:ExM10			990			—			—			990
Clothing			L1, A3:ExM11			400			—			—			400
Motorcycles			L1, A3:ExM12			—			500			—			500
Automobiles			L1, A3:M13			—			2,760			—			2,760
Solar panels			L1, A3:ExM14			—			—			1,000			1,000
Power plant			L1, A3:ExM15			—			—			5,250			5,250
Total revenue			L1			$	1,990		$	3,260		$	6,250		$	11,500
Timing of revenue recognition
Goods transferred at a point in time			L1, A4:M39			$	1,990		$	3,260		$	1,000		$	6,250
Services transferred over time			L1, A4:M40			—			—			5,250			5,250
Total revenue			L1			$	1,990		$	3,260		$	6,250		$	11,500

Figure 1.1

7

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

Standard Label

Balance Type

Period Type

Element Name

A1

Segments [Axis]

Duration

StatementBusinessSegmentsAxis

Segments [Domain]

Duration

SegmentDomain

ExM1

Consumer Products Segment [Member]

Duration

ConsumerProductsSegmentMember

ExM2

Transportation Segment [Member]

Duration

TransportationSegmentMember

ExM3

Energy Segment [Member]

Duration

EnergySegmentMember

A2

Geographical [Axis]

Duration

StatementGeographicalAxis

Geographical [Domain]

Duration

SegmentGeographicalDomain

M6

North America [Member]

Duration

NorthAmericaMember

M7

Europe [Member]

Duration

EuropeMember

M8

Asia [Member]

Duration

AsiaMember

A3

Product and Service [Axis]

Duration

ProductOrServiceAxis

Product and Service [Domain]

Duration

ProductsAndServicesDomain

ExM9

Office Supplies [Member]

Duration

OfficeSuppliesMember

ExM10

Appliances [Member]

Duration

AppliancesMember

ExM11

Clothing [Member]

Duration

ClothingMember

ExM12

Motorcycles [Member]

Duration

MotorcyclesMember

M13

Automobiles [Member]

Duration

AutomobilesMember

ExM14

Solar Panels [Member]

Duration

SolarPanelsMember

ExM15

Power Plant [Member]

Duration

PowerPlantMember

A4

Timing of Transfer of Good or Service [Axis]

Duration

TimingOfTransferOfGoodOrServiceAxis

Timing of Transfer of Good or Service [Domain]

Duration

TimingOfTransferOfGoodOrServiceDomain

M39

Transferred at Point in Time [Member]

Duration

TransferredAtPointInTimeMember

M40

Transferred over Time [Member]

Duration

TransferredOverTimeMember

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

Figure 1.2

8

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

									L1
Standard Label			Segments [Axis]			Geographical [Axis]			Revenue from Contract with Customer, Excluding Assessed Tax
			A1			A2
Preferred Label									Total revenue
			Consumer Products Segment [Member]			North America [Member]			990
						M6
						Europe [Member]			300
						M7
			ExM1			Asia [Member]			700
						M8
									1990
						North America [Member]			2250
						M6
						Europe [Member]			750
			Transportation Segment [Member]			M7
						Asia [Member]			260
			ExM2			M8
									3260
						North America [Member]			5250
						M6
						Europe [Member]			1000
			Energy Segment [Member]			M7
			ExM3			Asia [Member]			0
						M8
									6250
						North America [Member]			8490
						M6
						Europe [Member]			2050
						M7
						Asia [Member]			960
						M8
			Report-wide Value						11500

Figure 1.3a

9

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									L1
Standard Label			Product and Service [Axis]			Segments [Axis]			Revenue from Contract with Customer, Excluding Assessed Tax
			A3			A1
Preferred Label									Total revenue
						Consumer Products Segment [Member]			600
						ExM1
			Office Supplies [Member]			Transportation Segment [Member]			0
			ExM9			ExM2
						Energy Segment [Member]			0
						ExM3
									600
						Consumer Products Segment [Member]			990
						ExM1
			Appliances [Member]			Transportation Segment [Member]			0
			ExM10			ExM2
						Energy Segment [Member]			0
						ExM3
									990
						Consumer Products Segment [Member]			400
						ExM1
			Clothing [Member]			Transportation Segment [Member]			0
			ExM11			ExM2
						Energy Segment [Member]			0
						ExM3
									400
						Consumer Products Segment [Member]			0
						ExM1
			Motorcycles [Member]			Transportation Segment [Member]			500
			ExM12			ExM2
						Energy Segment [Member]			0
						ExM3
									500
						Consumer Products Segment [Member]			0
						ExM1
			Automobiles [Member]			Transportation Segment [Member]			2760
			M13			ExM2
						Energy Segment [Member]			0
						ExM3
									2760
						Consumer Products Segment [Member]			0
						ExM1
			Solar Panels [Member]			Transportation Segment [Member]			0
			ExM14			ExM2
						Energy Segment [Member]			1000
						ExM3
									1000
						Consumer Products Segment [Member]			0
						ExM1
						Transportation Segment [Member]			0
			Power Plant [Member]			ExM2
			ExM15			Energy Segment [Member]			5250
						ExM3
									5250
			Figure 1.3b (Continues)

10

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									L1
Standard Label			Product and Service [Axis]			Segments [Axis]			Revenue from Contract with Customer, Excluding Assessed Tax
			A3			A1
Preferred Label									Total revenue
						Consumer Products Segment [Member]			1990
						ExM1
						Transportation Segment [Member]			3260
						ExM2
						Energy Segment [Member]			6250
						ExM3
			Report-wide Value						11500

Figure 1.3b (Continued)

11

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									L1
Standard Label			Timing of Transfer of Good or Service [Axis]			Segments [Axis]			Revenue from Contract with Customer, Excluding Assessed Tax
			A4			A1
Preferred Label									Total revenue
						Consumer Products Segment [Member]			1990
						ExM1
			Transferred at Point in Time [Member]			Transportation Segment [Member]			3260
						ExM2
			M39			Energy Segment [Member]			1000
						ExM3
									6250
						Consumer Products Segment [Member]			0
						ExM1
			Transferred over Time [Member]			Transportation Segment [Member]			0
						ExM2
			M40			Energy Segment [Member]			5250
						ExM3
									5250
						Consumer Products Segment [Member]			1990
						ExM1
						Transportation Segment [Member]			3260
						ExM2
						Energy Segment [Member]			6250
						ExM3
			Report-wide Value						11500

Figure 1.3c

12

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Notes:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact value for the revenue recognized from satisfaction of performance obligations, excluding tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•“Consumer Products Segment [Member]” (ExM1), “Transportation Segment [Member]” (ExM2), and “Energy Segment [Member]” (ExM3) are created and located under “Segments [Axis]” (A1) to provide the company-specific names of the segments.

•“Office Supplies [Member]” (ExM9), “Appliances [Member]” (ExM10), “Clothing [Member]” (ExM11), “Motorcycles [Member]” (ExM12), “Solar Panels [Member]” (ExM14), and “Power Plant [Member]” (ExM15) are created and located together with “Automobiles [Member]” (M13) under “Product and Service [Axis]” (A3) to provide the names of the company's products and services.

•The XBRL report view has the primary line item elements in the column headings, and the member elements are the row headings due to size constraints.

13

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Example 2—Disclosure of Contract Asset and Liability

This Example illustrates the modeling for the disclosure of the contract asset and liability related to revenue recognized in the reporting period that was included in the contract liability balance at the beginning of the period.

						20X0
Receivable			L2			$	560
Contract asset			L3			$	1,500
Contract liability			L4			$	(200)
Revenue recognized in the period from:
Amounts included in contract liability at the beginning of the period			L5			$	650

Figure 2.1

14

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

Standard Label

Balance Type

Period Type

Element Name

L2

Contract with Customer, Receivable, after Allowance for Credit Loss

Debit

Instant

ContractWithCustomerReceivableAfterAllowanceForCreditLoss

L3

Contract with Customer, Asset, after Allowance for Credit Loss

Debit

Instant

ContractWithCustomerAssetNet

L4

Contract with Customer, Liability

Credit

Instant

ContractWithCustomerLiability

L5

Contract with Customer, Liability, Revenue Recognized

Credit

Duration

ContractWithCustomerLiabilityRevenueRecognized

Figure 2.2

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

			Standard Label			Preferred Label
									Report-wide Value
L2			Contract with Customer, Receivable, after Allowance for Credit Loss			Receivable			560
L3			Contract with Customer, Asset, after Allowance for Credit Loss			Contract asset			1500
L4			Contract with Customer, Liability			Contract liability			200
L5			Contract with Customer, Liability, Revenue Recognized			Amounts included in contract liability at the beginning of the period			650

Figure 2.3

15

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Notes:

•Assets and liabilities are reported on an unclassified basis, and, therefore, line item elements selected are unclassified assets and liabilities elements. Alternatively, if assets and liabilities are reported on a classified basis, “Contract with Customer, Receivable, after Allowance for Credit Loss, Current,” “Contract with Customer, Receivable, after Allowance for Credit Loss, Noncurrent,” “Contract with Customer, Asset, after Allowance for Credit Loss, Current,” “Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent,” “Contract with Customer, Liability, Current,” or “Contract with Customer, Liability, Noncurrent” elements may be used.

•“Contract with Customer, Liability, Revenue Recognized” (L5) is used to tag the fact value for revenue recognized in the reporting period when it was previously included in the contract liability balance at the beginning of the period. It has a duration date context and is shown in the same column in Figure 2.3 as other line items for illustrative purposes only.

•“Contract with Customer, Asset, after Allowance for Credit Loss” (L3) is used to tag the fact value for contract asset balance after allowance for credit loss.

•“Contract with Customer, Liability” (L4) is used to tag the fact value for contract liability balance.

•“Contract with Customer, Receivable, after Allowance for Credit Loss” (L2) is used to tag the fact value for receivable balance after allowance for credit loss.

•Line items “Contract with Customer, Asset, after Allowance for Credit Loss” (L3), “Contract with Customer, Liability” (L4), and “Contract with Customer, Receivable, after Allowance for Credit Loss” (L2) have instant date contexts and “Contract with Customer, Liability, Revenue Recognized” (L5) has a duration date context.

16

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Example 3—Disclosure of Transaction Price Allocated to the Remaining Performance Obligations—Defined End Point

This Example illustrates the modeling for the disclosure of transaction price allocated to the remaining performance obligations with a defined end point. Company A discloses the amount of the transaction price that has not yet been recognized as revenue using time bands to disclose when revenue is expected to be recognized.

						A6:20X1-01-01						A6:20X2-01-01
						20X1			(1)			20X2			(1)			Total
Revenue expected to be recognized as of December 31, 20X0			L6			$	4,800					$	2,400					$	7,200

(1) L7 is used to tag the duration of the time band (P1Y)

Figure 3.1

17

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

Standard Label

Balance Type

Period Type

Element Name

A6

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]

Duration

RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis

20X1-01-01(1)

20X2-01-01(1)

L6

Revenue, Remaining Performance Obligation, Amount

Credit

Instant

RevenueRemainingPerformanceObligation

L7

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

Instant

RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1

(1) See notes for explanation of multiple date dimension values in a YYYY-MM-DD format (for example, 20X1-01-01 and 20X2-01-01).

Figure 3.2

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

Standard Label

Preferred Label

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]

Report-wide Value

A6

20X1-01-01

20X2-01-01

L7

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

P1Y

P1Y

L6

Revenue, Remaining Performance Obligation, Amount

Revenue expected to be recognized

4800

2400

7200

Figure 3.3

18

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Notes:

•The modeling for this example uses a multiple date dimension with a date data type in a YYYY-MM-DD format; therefore, the dimension-members are restricted to date values only (20X1-01-01, 20X2-01-01, and so on). A multiple date dimension represents certain facts that are reported as part of the current context and also has relevant information that links those facts to other time periods. Multiple date dimension-members represent the date attribute that is reported for certain facts but is different from the contextual date or reporting date. The dimensions are classified as Multiple Date in the Dimension Uses Style Guide. See the Dimension Uses Style Guide for additional information.

•“Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]” (A6) is the multiple date dimension that is used in conjunction with line item elements to tag the fact value for the dates in which the remaining performance obligations are expected to be recognized. It is achieved by adding multiple date dimension-members with dates entered in a YYYY-MM-DD format. For example, fact value $4,800 is tagged with an appropriate line item and multiple date dimension-member (20X1-01-01) created under “Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]” (A6). (20X1-01-01) and (20X2-01-01) multiple date dimension-members only appear in the instance document and are not be included in the extension taxonomy.

•“Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period” (L7) is used to indicate the period when the remaining performance obligations are expected to be recognized. The period is entered in a PnYnMnDTnHnMnS format. The period in conjunction with the starting date from the “Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]” (A6) convey the time band information.

•“Revenue, Remaining Performance Obligation, Amount” (L6) is used with “Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]” (A6) domain-members to tag the fact value for the transaction price that was allocated to performance obligations that have not been recognized as revenue.

•The multiple date dimension does not allow for a default, therefore, the value for “Revenue, Remaining Performance Obligation, Amount” (L6) of $7,200 (a report-wide value) will not appear together with the values of $4,800 and $2,400 but in a separate

19

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relationship group as a default value. The values are shown together in Figure 3.3 for illustrative purposes only.

20

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Example 4—Disclosure of Transaction Price Allocated to the Remaining Performance Obligations—Undefined End Point

This Example illustrates the modeling for the disclosure of transaction price allocated to the remaining performance obligations with an undefined end point. Company B discloses the amount of the transaction price that has not yet been recognized as revenue using time bands to disclose when revenue is expected to be recognized.

												L6
As of December 31, 20X0												Remaining Performance Obligations
20X1			(1)						A6:20X1-01-01			$	2,100
20X2			(1)						A6:20X2-01-01			4,500
Thereafter						(1)			A6:20X3-01-01			3,700
Total												$	10,300

(1) L7 is used to tag the duration of the time band (P1Y for “20X1” and “20X2”

and nil for “Thereafter”)

Figure 4.1

21

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

Standard Label

Balance Type

Period Type

Element Name

A6

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]

Duration

RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis

20X1-01-01(1)

20X2-01-01(1)

20X3-01-01(1)

L6

Revenue, Remaining Performance Obligation, Amount

Credit

Instant

RevenueRemainingPerformanceObligation

L7

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

Instant

RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1

(1) See notes for explanation of multiple date dimension values in a YYYY-MM-DD format (for example, 20X1-01-01 and 20X2-01-01).

Figure 4.2

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

Standard Label

Preferred Label

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]

Report-wide Value

A6

20X1-01-01

20X2-01-01

20X3-01-01

L7

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

P1Y

P1Y

nil

L6

Revenue, Remaining Performance Obligation, Amount

Remaining Performance Obligations

2100

4500

3700

10300

Figure 4.3

22

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Notes:

•The modeling for this example uses a multiple date dimension with a date data type in a YYYY-MM-DD format; therefore, the dimension-members are restricted to date values only (20X1-01-01, 20X2-01-01, and so on). A multiple date dimension represents certain facts that are reported as part of the current context and also has relevant information that links those facts to other time periods. Multiple date dimension-members represent the date attribute that is reported for certain facts but is different from the contextual date or reporting date. The dimensions are classified as Multiple Date in the Dimension Uses Style Guide. See the Dimension Uses Style Guide for additional information.

•“Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]” (A6) is the multiple date dimension that is used in conjunction with line item elements to tag the fact value for the dates in which the remaining performance obligations are expected to be recognized. It is achieved by adding multiple date dimension-members with dates entered in a YYYY-MM-DD format. For example, fact value $2,100 is tagged with an appropriate line item and multiple date dimension-member (20X1-01-01) created under “Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]” (A6). (20X1-01-01), (20X2-01-01), and (20X3-01-01) multiple date dimension-members only appear in the instance document and are not included in the extension taxonomy.

•“Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period” (L7) is used to indicate the period when the remaining performance obligations are expected to be recognized. The period is entered in a PnYnMnDTnHnMnS format. The period in conjunction with the starting date from the “Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]” (A6) convey the time band information. However, if one of the time bands has an undefined end point (for example, “Thereafter”), “Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period” (L7) should be used for such time band with the value of “nil” for the expected timing of remaining performance obligations.

•“Revenue, Remaining Performance Obligation, Amount” (L6) is used with “Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]” (A6) domain-members to tag the fact value for the transaction price that was allocated to performance obligations that have not been recognized as revenue.

23

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•The multiple date dimension does not allow for a default, therefore, the value for “Revenue, Remaining Performance Obligation, Amount” (L6) of $10,300 (a report-wide value) will not appear together with the values of $2,100, $4,500, and $3,700 but in a separate relationship group. The values are shown together in Figure 3b.3 for illustrative purposes only.

24

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Example 5—Disclosure of Costs Incurred to Obtain or Fulfill a Contract

This Example illustrates the modeling for the disclosure of capitalized costs incurred to obtain or fulfill a contract.

						A5:ExM41			A5:ExM42			A5:ExM43
Year Ended December 31, 20X0						Commission to sales employees			Migration and testing of data platform			Software			Total
Gross total costs incurred			L8			$	10,000		$	100,000		$	90,000		$	200,000
Accumulated amortization			L9			(2,000)			(20,000)			(18,000)			(40,000)
Net total costs incurred			L10			$	8,000		$	80,000		$	72,000		$	160,000

Figure 5.1

25

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

Standard Label

Balance Type

Period Type

Element Name

A5

Capitalized Contract Cost [Axis]

Duration

CapitalizedContractCostAxis

Capitalized Contract Cost [Domain]

Duration

CapitalizedContractCostDomain

ExM41

Sales Commission [Member]

Duration

SalesCommissionMember

ExM42

Migration and Testing [Member]

Duration

MigrationAndTestingMember

ExM43

Software [Member]

Duration

SoftwareMember

L8

Capitalized Contract Cost, Gross

Debit

Instant

CapitalizedContractCostGross

L9

Capitalized Contract Cost, Accumulated Amortization

Credit

Instant

CapitalizedContractCostAccumulatedAmortization

L10

Capitalized Contract Cost, Net

Debit

Instant

CapitalizedContractCostNet

Figure 5.2

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

Standard Label

Preferred Label

Capitalized Contract Cost [Axis]

Sales Commission [Member]

Migration and Testing [Member]

Software [Member]

Report-wide Value

A5

ExM41

ExM42

ExM43

L8

Capitalized Contract Cost, Gross

Gross total costs incurred, capitalized contract costs

10000

100000

90000

200000

L9

Capitalized Contract Cost, Accumulated Amortization

Accumulated amortization, capitalized contract costs

2000

20000

18000

40000

L10

Capitalized Contract Cost, Net

Net total costs incurred, capitalized contract costs

8000

80000

72000

160000

Figure 5.3

26

---

Notes:

•“Sales Commission [Member]” (ExM41), “Migration and Testing [Member]” (ExM42), and “Software [Member]” (ExM43) are created and located under “Capitalized Contract Cost [Axis]” (A5) to provide the types of costs capitalized in obtaining or fulfilling a contract.

27

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Part II. Statement of Income presentation

Section 1: Overview of Modeling

This section provides an overview of the modeling for the revenue from contracts with customers.

Section 2 of this Guide is included to explain the dimensional modeling for revenue and cost of revenue within the Statement of Income.

Line item element, “Revenue from Contract with Customer, Including Assessed Tax” (L15), is located in the Statement of Income as well as revenue line items that are out of scope under the FASB Accounting Standards Codification® Topic 606, such as, revenue from leases and insurance. In order to provide further disaggregation of revenue by the type of products or services, “Product and Service [Axis]” (A3) was added to the structure. The axis and its children are intended to be used in conjunction with the line items to specify the type of revenue presented on the Statement of Income.

Similar changes were made to the cost of revenue elements and they also are intended to be used with “Product and Service [Axis]” (A3) to identify which type of products or services that the cost of revenue elements relate to, if needed.

An extensible enumeration data type element was introduced for both revenue and cost of revenue line item elements. The extensible enumeration element is used to convey additional information about the revenue and cost of revenue values presented that are not disaggregated by type of products or services in the Statement of Income. Either “Product and Service [Axis]” (A3) or extensible enumeration elements (“Revenue from Contract with Customer, Product and Service [Extensible Enumeration]” (XL1) and “Cost, Product and Service [Extensible Enumeration]” (XL2)) are intended to be used to identify the type of products or services for revenue and cost of revenue. The extensible enumeration element should be used when only one type of revenue or cost of revenue is presented on the Statement of Income and no further disaggregation is necessary. The value of the extensible enumeration is the member representing the specific type of product or service. “Product and Service [Axis]” (A3) and its members are used when revenue and cost of revenue line items are broken into more than one type of product or service.

Example 11 illustrates the use of “Revenue Not from Contract with Customer” (L24) element. The element is included in the GAAP Taxonomy to accommodate filers who choose to disclose all the revenue recognized under guidance other than the FASB Accounting Standards

28

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Codification® Topic 606 separately from revenue under the FASB Accounting Standards Codification® Topic 606 and as one line item, mostly, in the note disclosure.

Example 12 illustrates the use of another element, “Revenue Not from Contract with Customer, Other” (L27). The element is included in the GAAP Taxonomy to accommodate filers who choose to disclose all the revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606 separately from revenue under the FASB Accounting Standards Codification® Topic 606 and as several line items. “Revenue Not from Contract with Customer, Other” (L27) is used when revenue recognized under guidance other than FASB Accounting Standards Codification® Topic 606 is presented as two or more separate line items, for example, lease revenue, revenue from derivatives, other non-ASC 606 revenue, etc. “Revenue Not from Contract with Customer” (L24) element from Example 11 cannot be used because its usage communicates that the tagged fact value represents all the revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606 which is not correct. In this example, there are two line items in the note disclosure that represent revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606: lease revenue and other revenue. Lease revenue is tagged with “Lease Income” (L28) and other revenue is tagged with “Revenue Not from Contract with Customer, Other” (L27). If both lease revenue and other revenue were presented as one line item, then the element from Example 11, “Revenue Not from Contract with Customer” (L24), would be used.

Examples 13a, 13b, and 14 illustrate the use of “Revenue Not from Contract with Customer, Excluding Interest Income” (L29) element.

29

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Section 2: Examples of Modeling

This section includes examples of modeling for the statement of income presentation.

Example 6—Revenue and Cost of Revenue in the Statement of Income Presentation—Unspecified Type of Revenue from Contracts with Customers

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income when the type of revenue from contracts with customers is not specified.

Company C
Statement of Income
Year Ended December 31,						20X0
Revenue			L1			$	789
Cost of sales			L11			240
Gross profit			L12			$	549

Figure 6.1

30

---

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

Standard Label

Balance Type

Period Type

Element Name

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L11

Cost of Goods and Services Sold

Debit

Duration

CostOfGoodsAndServicesSold

L12

Gross Profit

Credit

Duration

GrossProfit

Figure 6.2

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

			Standard Label			Preferred Label
									Report-wide Value
L1			Revenue from Contract with Customer, Excluding Assessed Tax			Revenue			789
L11			Cost of Goods and Services Sold			Cost of sales			240
L12			Gross Profit			Gross profit			549

Figure 6.3

31

---

Notes:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact value for the revenue recognized from satisfaction of performance obligations, excluding tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•“Cost of Goods and Services Sold” (L11) is used to tag the fact value for the costs related to sales.

•“Gross Profit” (L12) is used to tag the fact value for the difference between revenue and cost of revenue.

32

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Example 7—Revenue and Cost of Revenue in the Statement of Income Presentation—One Type of Revenue from Contracts with Customers

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income when one type of revenue from contracts with customers is disclosed.

Company D
Statement of Income
Year Ended December 31,						20X0
Revenue
Products			L1, XL1			$	1,650
Cost of goods sold
Products			L11, XL2			923
Gross profit			L12			$	727

Figure 7.1

33

---

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

Standard Label

Balance Type

Period Type

Element Name

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L11

Cost of Goods and Services Sold

Debit

Duration

CostOfGoodsAndServicesSold

L12

Gross Profit

Credit

Duration

GrossProfit

XL1

Revenue from Contract with Customer, Product and Service [Extensible Enumeration]

Duration

RevenueFromContractWithCustomerProductAndServiceExtensibleList

XL2

Cost, Product and Service [Extensible Enumeration]

Duration

TypeOfCostGoodOrServiceExtensibleList

Figure 7.2

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

			Standard Label			Preferred Label
									Report-wide Value
L1			Revenue from Contract with Customer, Excluding Assessed Tax			Revenue			1650
XL1			Revenue from Contract with Customer, Product and Service [Extensible Enumeration]						http://fasb.org/us-gaap/20X0#ProductMember
L11			Cost of Goods and Services Sold			Cost of goods sold			923
XL2			Cost, Product and Service [Extensible Enumeration]						http://fasb.org/us-gaap/20X0#ProductMember
L12			Gross Profit			Gross profit			727

Figure 7.3

34

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Notes:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact value for the revenue recognized from satisfaction of performance obligations, excluding tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•“Cost of Goods and Services Sold” (L11) is used to tag the fact value for the costs related to the sale of products.

•An extensible enumeration data type element is used to convey additional information about the revenue and cost of revenue values presented that are not subject to disaggregation by type of products or services in the Statement of Income. “Revenue from Contract with Customer, Product and Service [Extensible Enumeration]” (XL1) is used to tag the fact value about the type of revenue presented in the Statement of Income: revenue from sale of products. “Cost, Product and Service [Extensible Enumeration]” (XL2) is used to tag the fact value about the type of cost of goods sold presented in the Statement of Income, specifically, cost from sale of products. The value of the extensible enumeration is the member representing the specific type of product or service.

•“Gross Profit” (L12) is used to tag the fact value for the difference between revenue and cost of goods sold.

35

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Example 8—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue from Contracts with Customers—Use of GAAP Taxonomy Members

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income when multiple types of revenue from contracts with customers are disclosed. The information about the types of revenue is conveyed dimensionally using GAAP Taxonomy member elements.

Company E
Statement of Income
Year Ended December 31,						20X0
Revenue
Electric			L1, A3:M16			$	550
Natural gas			L1, A3:M17			489
Total revenue			L1			1,039
Cost of goods sold
Cost of electricity			L13, A3:M16			387
Cost of natural gas			L13, A3:M17			246
Depreciation and amortization			L14			198
Total cost of goods sold			L11			831
Gross profit			L12			$	208

Figure 8.1

36

---

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

Standard Label

Balance Type

Period Type

Element Name

A3

Product and Service [Axis]

Duration

ProductOrServiceAxis

Product and Service [Domain]

Duration

ProductsAndServicesDomain

M16

Electricity, US Regulated [Member]

Duration

ElectricityUsRegulatedMember

M17

Natural Gas, US Regulated [Member]

Duration

NaturalGasUsRegulatedMember

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L11

Cost of Goods and Services Sold

Debit

Duration

CostOfGoodsAndServicesSold

L12

Gross Profit

Credit

Duration

GrossProfit

L13

Cost, Direct Material

Debit

Duration

CostDirectMaterial

L14

Cost, Depreciation and Amortization

Debit

Duration

CostOfGoodsAndServicesSoldDepreciationAndAmortization

Figure 8.2

37

---

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

Standard Label

Preferred Label

Product and Service [Axis]

Electricity, US Regulated [Member]

Natural Gas, US Regulated [Member]

Report-wide Value

A3

M16

M17

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Revenue

550

489

1039

L13

Cost, Direct Material

Cost of electricity and natural gas

387

246

L14

Cost, Depreciation and Amortization

Depreciation and amortization

198

L11

Cost of Goods and Services Sold

Total cost of goods sold

831

L12

Gross Profit

Gross profit

208

Figure 8.3

38

---

Notes:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact value for the revenue recognized from satisfaction of performance obligations, excluding tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•“Cost, Direct Material” (L13) is used to tag the fact value for the costs related to revenue-generating activities: sale of electricity and natural gas.

•“Electricity, US Regulated [Member]” (M16) and “Natural Gas, US Regulated [Member]” (M17) are located under “Product and Service [Axis]” (A3) to provide the types of the company's products and services. An extensible enumeration element is not used in this example since revenue and cost of revenue are further disaggregated into various types of revenue and cost of revenue.

•“Cost, Depreciation and Amortization” (L14) is used to tag the fact value for depreciation and amortization costs incurred by the company.

•“Cost of Goods and Services Sold” (L11) is used to tag the fact value for the total costs related to revenue-generating activities and depreciation and amortization costs.

•“Gross Profit” (L12) is used to tag the fact value for the difference between revenue and cost of goods sold.

39

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Example 9—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue from Contracts with Customers—Use of Extension Members

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income when multiple types of revenue from contracts with customers are disclosed. The information about the types of revenue is conveyed dimensionally using both GAAP Taxonomy and extension member elements.

Company F
Statement of Income
Year Ended December 31,						20X0
Revenue
Casino and racing			L1, A3:ExM18			$	579
Food and beverage			L1, A3:M20			256
Room			L1, A3:M21			148
Retail and entertainment			L1, A3:ExM22			78
Total revenue			L1			1,061
Cost of goods and services sold
Casino and racing			L11, A3:ExM18			240
Food and beverage			L11, A3:M20			127
Room			L11, A3:M21			87
Retail and entertainment			L11, A3:ExM22			24
Total cost of goods and services sold			L11			478
Gross profit			L12			$	583

Figure 9.1

40

---

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

Standard Label

Balance Type

Period Type

Element Name

A3

Product and Service [Axis]

Duration

ProductOrServiceAxis

Product and Service [Domain]

Duration

ProductsAndServicesDomain

ExM18

Casino and Racing [Member]

Duration

CasinoAndRacingMember

M19

Casino [Member]

Duration

CasinoMember

M20

Food and Beverage [Member]

Duration

FoodAndBeverageMember

M21

Occupancy [Member]

Duration

OccupancyMember

ExM22

Retail and Entertainment [Member]

Duration

RetailAndEntertainmentMember

M23

Retail [Member]

Duration

RetailMember

M24

Entertainment [Member]

Duration

EntertainmentMember

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L11

Cost of Goods and Services Sold

Debit

Duration

CostOfGoodsAndServicesSold

L12

Gross Profit

Credit

Duration

GrossProfit

Figure 9.2

41

---

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

Standard Label

Preferred Label

Product and Service [Axis]

Casino and Racing [Member]

Food and Beverage [Member]

Occupancy [Member]

Retail and Entertainment [Member]

Report-wide Value

A3

ExM18

M20

M21

ExM22

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Total revenue

579

256

148

78

1061

L11

Cost of Goods and Services Sold

Total cost of goods and services sold

240

127

87

24

478

L12

Gross Profit

Gross profit

583

Figure 9.3

42

---

Notes:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact value for the revenue recognized from satisfaction of performance obligations, excluding tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•“Cost of Goods and Services Sold” (L11) is used to tag the fact value for the costs related to the sale of products or services.

•“Casino and Racing [Member]” (ExM18) and “Retail and Entertainment [Member]” (ExM22) are created and located together with “Food and Beverage [Member]” (M20) and “Occupancy [Member]” (M21) under “Product and Service [Axis]” (A3) to provide the types of the company's products and services. An extensible enumeration element is not used in this example since revenue and cost of revenue are further disaggregated into various types of revenue and cost of revenue.

•“Casino [Member]” (M19) is only presented in the extension taxonomy as a child of extension member, “Casino and Racing [Member]” (ExM18), to indicate that the fact value tagged with the extension member partially represents revenue related to casinos sales. “Casino [Member]” (M19) is not used to tag any values in the instance document. Because there is no “Racing [Member]” in the GAAP Taxonomy, no other member is included as a child of “Casino and Racing [Member]” (ExM18). This relationship is provided in order for consumers of the data to better understand what the extension member represents. By connecting the extension member to a GAAP Taxonomy element, the relationship provides for a programmatic consumption of this type of information. However, these types of relationships may not be supported by all XBRL filing software.

•“Retail [Member]” (M23) and “Entertainment [Member]” (M24) are only presented in the extension taxonomy as children of extension member, “Retail and Entertainment [Member]” (ExM22), to indicate that the fact values tagged with the extension member represent revenue related to both retail and entertainment sales. “Retail [Member]” (M23) and “Entertainment [Member]” (M24) are not used to tag any values in the instance document. This relationship is provided in order for consumers of the data to better understand what the extension member represents. By connecting the extension member to a GAAP Taxonomy element, the relationship provides for a programmatic consumption of this type of information. However, these types of relationships may not be supported by all XBRL filing software.

43

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•“Gross Profit” (L12) is used to tag the fact value for the difference between revenue and cost of revenue.

44

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Example 10—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue—Revenue from Contracts with Customers and Lease Revenue

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income when multiple types of revenue are presented on separate line items: revenue from contracts with customers and lease revenue.

Company G
Statement of Income
Year Ended December 31,						20X0
Revenue
Products			L15, A3:M25			$	879
Services			L15, A3:M26			564
Total products and services revenue			L15			1,443
Lease revenue			L16			179
Total revenue			L17			1,622
Costs and expenses
Cost of products			L23, A3:M25			378
Cost of services			L23, A3:M26			279
Lease costs			L18			54
Selling, general, and administrative			L19			17
Excise tax			L20			5
Total costs and expenses			L21			733
Operating income			L22			$	889

Figure 10.1

45

---

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

Standard Label

Balance Type

Period Type

Element Name

A3

Product and Service [Axis]

Duration

ProductOrServiceAxis

Product and Service [Domain]

Duration

ProductsAndServicesDomain

M25

Product [Member]

Duration

ProductMember

M26

Service [Member]

Duration

ServiceMember

L15

Revenue from Contract with Customer, Including Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerIncludingAssessedTax

L16

Sales-type Lease, Revenue

Credit

Duration

SalesTypeLeaseRevenue

L17

Revenues

Credit

Duration

Revenues

L18

Cost of Goods Sold, Sales-type Lease

Debit

Duration

CostOfGoodsSoldSalesTypeLease

L19

Selling, General and Administrative Expense

Debit

Duration

SellingGeneralAndAdministrativeExpense

L20

Excise and Sales Taxes

Debit

Duration

ExciseAndSalesTaxes

L21

Costs and Expenses

Debit

Duration

CostsAndExpenses

L22

Operating Income (Loss)

Credit

Duration

OperatingIncomeLoss

L23

Other Cost of Operating Revenue

Debit

Duration

OtherCostOfOperatingRevenue

Figure 10.2

46

---

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

Standard Label

Preferred Label

Product and Service [Axis]

Product [Member]

Service [Member]

Report-wide Value

A3

M25

M26

L15

Revenue from Contract with Customer, Including Assessed Tax

Products and services revenue

879

564

1443

L16

Sales-type Lease, Revenue

Lease revenue

179

L17

Revenues

Total revenue

1622

L23

Other Cost of Operating Revenue

Cost of products and services

378

279

L18

Cost of Goods Sold, Sales-type Lease

Lease costs

54

L19

Selling, General and Administrative Expense

Selling, general, and administrative

17

L20

Excise and Sales Taxes

Excise tax

5

L21

Costs and Expenses

Total costs and expenses

733

L22

Operating Income (Loss)

Operating income

889

Figure 10.3

47

---

Notes:

•“Revenue from Contract with Customer, Including Assessed Tax” (L15) is used to tag the fact value for the revenue recognized from satisfaction of performance obligations, including tax collected from customers. “Excise and Sales Taxes” (L20) is used to tag the fact value for the amount of tax collected from customers. Alternatively, “Revenue from Contract with Customer, Excluding Assessed Tax” element may be used if excise tax is excluded from the revenue amount.

•“Other Cost of Operating Revenue” (L23) is used to tag the fact value for the costs related to sale of products and services that exclude “Lease costs”, “Selling, general, and administrative”, and “Excise tax”. Per “GAAP Taxonomy Frequently Asked Questions” document, available on the FASB's website, Section 2, Question 2.3(b), elements with a caption “other” are intended to be used to represent the aggregation of immaterial items. “Cost of products” and “Cost of services” in this case represent all the items that are not material enough to be stated separately in the Statement of Income. “Lease costs”, “Selling, general, and administrative”, and “Excise tax” expenses are stated separately and the remainder of individually immaterial costs is presented as “Cost of products” and “Cost of services” and tagged with “Other Cost of Operating Revenue” (L23).

•“Product [Member]” (M25) and “Service [Member]” (M26) are located under “Product and Service [Axis]” (A3) to provide the types of the company's products and services. An extensible enumeration element is not used in this example because revenue and cost of revenue are further disaggregated into various types of revenue and cost of revenue.

•“Sales-type Lease, Revenue” (L16) is used to tag the fact value for the revenue related to leases. Revenue generated from leases is reported and tagged separately from revenue from contracts with customers because it is not in scope under the FASB Accounting Standards Codification® Topic 606.

•“Revenues” (L17) is used to tag the fact value for the total of revenue from contracts with customers and leases.

•“Cost of Goods Sold, Sales-type Lease” (L18) is used to tag the fact value for the costs related to revenue generated from leases.

•“Selling, General and Administrative Expense” (L19) is used to tag the fact values for selling, general, and administrative expenses incurred by the company.

•“Costs and Expenses” (L21) is used to tag the fact value for the total costs and expenses.

48

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•“Operating Income (Loss)” (L22) is used to tag the fact value for the difference between operating revenue and operating costs and expenses.

49

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Example 11—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue—Revenue from Contracts with Customers and Revenue Other than Topic 606 (Including Lease Revenue)—Combined Presentation

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income and Revenue note disclosure. The following combinations are presented:

1.Statement of Income:

a.Revenue under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is combined with miscellaneous revenue under guidance other than the FASB Accounting Standards Codification® Topic 606 (“Product sales”);

b.Revenue under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is combined with lease revenue (“Transportation, storage, and other services”).

2.Revenue note disclosure:

a.Revenue under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented separately;

b.Lease revenue is combined with miscellaneous revenue under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers (“Non-ASC 606 revenue”).

50

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Company H
Statement of Income
Year Ended December 31,						20X0
Revenue
Product sales (1)			L17, A3:M25			$	663,174
Transportation, storage, and other services (2)			L17, A3:ExM28			348,982
Total revenue			L17			1,012,156
Costs and expenses
Cost of product sales			L25, A3:M25			457,564
Cost of transportation, storage, and other services			L25, A3:ExM28			121,337
Operating expenses			L26			147,989
Selling, general, and administrative			L19			54,789
Depreciation and amortization			L14			26,879
Total costs and expenses			L21			808,558
Operating income			L22			$	203,598

The footnotes are included for informational purposes only and are not intended to be a part of the reported information:

(1) The amount includes revenue from product sales recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and revenue recognized under the guidance other than the FASB Accounting Standards Codification® Topic 606. The calculation is as follows: $663,174 = $656,642 (Product sales revenue—Topic 606) + $6,532 (Non-ASC 606 revenue from miscellaneous sources—Topic other than 606). See Figure 11.1b for the source of the values.

(2) The amount includes revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and revenue recognized under the FASB Accounting Standards Codification® Topic 842, Leases. The calculation is as follows: $348,982 = $200,713 (Pipeline transportation revenue—Topic 606) + $88,862 (Terminalling and storage services revenue—Topic 606) + $29,129 (Other services revenue—Topic 606) + $30,278 (Non-ASC 606 revenue from leases—Topic 842). See Figure 11.1b for the source of the values.

Figure 11.1a

51

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Company H
Note Disclosure
Disaggregation of Revenue
						A1:ExM4, A7:M44			A1:ExM5, A7:M44			A7:M45
Year Ended December 31, 20X0						Refined product			Crude oil			Intersegment eliminations			Total
Revenue from contracts with customers
Pipeline transportation			L1, A3:ExM29			$	145,972		$	54,741		$	—		$	200,713
Terminalling and storage services			L1, A3:ExM30			54,789			34,551			(478)			88,862
Product sales			L1, A3:M25			598,746			57,896			—			656,642
Other services			L1, A3:M27			22,015			7,898			(784)			29,129
Total revenue from contracts with customers			L1			821,522			155,086			(1,262)			975,346
Non-ASC 606 revenue (1)			L24			10,367			26,443			—			36,810
Total revenue			L17			$	831,889		$	181,529		$	(1,262)		$	1,012,156

The footnote is included for informational purposes only and is not intended to be a part of the reported information:

(1) Amount of revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, including lease revenue ($30,278) and other miscellaneous revenue ($6,532).

Figure 11.1b

52

---

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

Standard Label

Balance Type

Period Type

Element Name

A1

Segments [Axis]

Duration

StatementBusinessSegmentsAxis

Segments [Domain]

Duration

SegmentDomain

ExM4

Refined Product Segment [Member]

Duration

RefinedProductSegmentMember

ExM5

Crude Oil Segment [Member]

Duration

CrudeOilSegmentMember

A3

Product and Service [Axis]

Duration

ProductOrServiceAxis

Product and Service [Domain]

Duration

ProductsAndServicesDomain

M25

Product [Member]

Duration

ProductMember

M27

Service, Other [Member]

Duration

ServiceOtherMember

ExM28

Transportation, Storage, and Other Services [Member]

Duration

TransportationStorageAndOtherServicesMember

ExM29

Pipeline Transportation [Member]

Duration

PipelineTransportationMember

ExM30

Terminalling and Storage Service [Member]

Duration

TerminallingAndStorageServiceMember

A7

Consolidation Items [Axis]

Duration

ConsolidationItemsAxis

Consolidation Items [Domain]

Duration

ConsolidationItemsDomain

M44

Operating Segments [Member]

Duration

OperatingSegmentsMember

M45

Intersegment Eliminations [Member]

Duration

IntersegmentEliminationMember

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L14

Cost, Depreciation and Amortization

Debit

Duration

CostOfGoodsAndServicesSoldDepreciationAndAmortization

L17

Revenues

Credit

Duration

Revenues

L19

Selling, General and Administrative Expense

Debit

Duration

SellingGeneralAndAdministrativeExpense

L21

Costs and Expenses

Debit

Duration

CostsAndExpenses

L22

Operating Income (Loss)

Credit

Duration

OperatingIncomeLoss

L24

Revenue Not from Contract with Customer

Credit

Duration

RevenueNotFromContractWithCustomer

L25

Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization

Debit

Duration

CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization

L26

Other Cost and Expense, Operating

Debit

Duration

OtherCostAndExpenseOperating

Figure 11.2

53

---

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

Standard Label

Preferred Label

Product and Service [Axis]

Product [Member]

Transportation, Storage, and Other Services [Member]

Report-wide Value

A3

M25

ExM28

L17

Revenues

Total revenue

663174

348982

1012156

L25

Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization

Cost of product sales and transportation, storage, and other services

457564

121337

L26

Other Cost and Expense, Operating

Operating expenses

147989

L19

Selling, General and Administrative Expense

Selling, general, and administrative

54789

L14

Cost, Depreciation and Amortization

Depreciation and amortization

26879

L21

Costs and Expenses

Total costs and expenses

808558

L22

Operating Income (Loss)

Operating income

203598

Figure 11.3a

54

---

L1

L24

L17

Standard Label

Consolidation Items [Axis]

Segments [Axis]

Product and Service [Axis]

Revenue from Contract with Customer, Excluding Assessed Tax

Revenue Not from Contract with Customer

Revenues

A7

A1

A3

Preferred Label

Total revenue from contracts with customers

Non-ASC 606 revenue

Total revenue

Pipeline Transportation [Member]

145972

ExM29

Refined Product Segment [Member]

Terminalling and Storage Service [Member]

54789

ExM30

Product [Member]

598746

ExM4

M25

Operating Segments [Member]

Service, Other [Member]

22015

M27

821522

10367

831889

M44

Pipeline Transportation [Member]

54741

ExM29

Crude Oil Segment [Member]

Terminalling and Storage Service [Member]

34551

ExM30

Product [Member]

57896

ExM5

M25

Service, Other [Member]

7898

M27

155086

26443

181529

Pipeline Transportation [Member]

0

ExM29

Intersegment Eliminations [Member]

Terminalling and Storage Service [Member]

-478

ExM30

M45

Product [Member]

0

M25

Service, Other [Member]

-784

M27

-1262

0

-1262

Pipeline Transportation [Member]

200713

ExM29

Terminalling and Storage Service [Member]

88862

ExM30

Product [Member]

656642

M25

Service, Other [Member]

29129

M27

Report-wide Value

975346

36810

1012156

Figure 11.3b

55

---

Notes:

Statement of Income:

•“Revenues” (L17) is used to tag the fact values for all revenue line items on the Statement of Income, including the total value, because both line items are a mixture of revenue from contracts with customers, lease revenue, and miscellaneous revenue under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

•“Transportation, Storage, and Other Services [Member]” (ExM28) is created and located together with “Product [Member]” (M25) under “Product and Service [Axis]” (A3) to provide the types of the company's products and services. An extensible enumeration element is not used because revenue is further disaggregated into various types of revenue.

•“Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization” (L25) is used to tag the fact value for the costs related to sale of products and transportation, storage, and other services.

•“Other Cost and Expense, Operating” (L26) is used to tag the fact value for operating expenses incurred by the company that exclude “Depreciation and amortization” and “Selling, general, and administrative” expenses. Per “GAAP Taxonomy Frequently Asked Questions” document, available on the FASB's website, Section 2, Question 2.3(b), elements with a caption “other” are intended to be used to represent the aggregation of immaterial items. “Operating expenses” in this case represent all the items that are not individually material enough to be stated separately in the Statement of Income. “Cost of product sales”, “Depreciation and amortization”, and “Selling, general, and administrative” expenses are stated separately and the remainder of individually immaterial expenses is presented as “Operating expenses” and tagged with “Other Cost and Expense, Operating” (L26).

•“Selling, General and Administrative Expense” (L19) is used to tag the fact value for selling, general, and administrative expenses incurred by the company.

•“Cost, Depreciation and Amortization” (L14) is used to tag the fact value for depreciation and amortization expenses incurred by the company.

•“Costs and Expenses” (L21) is used to tag the fact value for the total costs and expenses.

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•“Operating Income (Loss)” (L22) is used to tag the fact value for the difference between operating revenue and operating costs and expenses.

Revenue note disclosure:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact values for the revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers. In this example, the revenue recognized from satisfaction of performance obligations excludes tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•“Pipeline Transportation [Member]” (ExM29) and “Terminalling and Storage Service [Member]” (ExM30) are created and located together with “Product [Member]” (M25) and “Service, Other [Member]” (M27) under “Product and Service [Axis]” (A3) to provide the types of the company's products and services. An extensible enumeration element is not used in this example because revenue from contracts with customers is further disaggregated into various types of revenue.

•“Refined Product Segment [Member]” (ExM4) and “Crude Oil Segment [Member]” (ExM5) are created and located under “Segments [Axis]” (A1) to provide the company-specific names of the segments.

•“Revenue Not from Contract with Customer” (L24) is used to tag the fact value for the revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606. It is comprised of revenue related to leases and other miscellaneous revenue. Because it is not in scope under the FASB Accounting Standards Codification® Topic 606, such revenue is disclosed and tagged separately from revenue from contracts with customers. “Lease Income” (L28) cannot be used because “Non-ASC 606 revenue” line item represents a mixture of lease revenue and revenue from other sources. Revenue related to leases is used as an example of revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606 to illustrate the tagging for revenue recognized under the FASB Accounting Standards Codification® Topic 606. It is not intended to demonstrate the proper tagging of revenue from leases. Refer to “Leases under Topic 842” GAAP Taxonomy Implementation Guide posted on the FASB's website for more details on guidance for leases.

•The XBRL report view has the primary line item elements in the column headings, and the member elements are the row headings due to size constraints.

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Example 12—Revenue and Cost of Revenue in the Statement of Income Presentation—Multiple Types of Revenue—Revenue from Contracts with Customers and Revenue Other than Topic 606 (Including Lease Revenue)—Separate Presentation

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income and Revenue note disclosure. The following combinations are presented:

1.Statement of Income:

a.Revenue under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is combined with miscellaneous revenue under guidance other than the FASB Accounting Standards Codification® Topic 606 (“Product sales”);

b.Revenue under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is combined with lease revenue (“Transportation, storage, and other services”).

2.Revenue note disclosure:

a.Revenue under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented separately;

b.Lease revenue is presented separately (“Revenue from leases”);

c.Miscellaneous revenue under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented separately (“Other revenue”).

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Company I
Statement of Income
Year Ended December 31,						20X0
Revenue
Product sales (1)			L17, A3:M25			$	663,174
Transportation, storage, and other services (2)			L17, A3:ExM28			348,982
Total revenue			L17			1,012,156
Costs and expenses
Cost of product sales			L25, A3:M25			457,564
Cost of transportation, storage, and other services			L25, A3:ExM28			121,337
Operating expenses			L26			147,989
Selling, general, and administrative			L19			54,789
Depreciation and amortization			L14			26,879
Total costs and expenses			L21			808,558
Operating income			L22			$	203,598

The footnotes are included for informational purposes only and are not intended to be a part of the reported information:

(1) The amount includes revenue from product sales recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and revenue recognized under the guidance other than the FASB Accounting Standards Codification® Topic 606. The calculation is as follows: $663,174 = $656,642 (Product sales revenue—Topic 606) + $6,532 (Revenue from other miscellaneous sources—Topic other than 606). See Figure 12.1b for the source of the values.

(2) The amount includes revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and revenue recognized under the FASB Accounting Standards Codification® Topic 842, Leases. The calculation is as follows: $348,982 = $200,713 (Pipeline transportation revenue—Topic 606) + $88,862 (Terminalling and storage services revenue—Topic 606) + $29,129 (Other services revenue—Topic 606) + $30,278 (Revenue from leases—Topic 842). See Figure 12.1b for the source of the values.

Figure 12.1a

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Company I
Note Disclosure
Disaggregation of Revenue
						A1:ExM4, A7:M44			A1:ExM5, A7:M44			A7:M45
Year Ended December 31, 20X0						Refined product			Crude oil			Intersegment eliminations			Total
Revenue from contracts with customers
Pipeline transportation			L1, A3:ExM29			$	145,972		$	54,741		$	—		$	200,713
Terminalling and storage services			L1, A3:ExM30			54,789			34,551			(478)			88,862
Product sales			L1, A3:M25			598,746			57,896			—			656,642
Other services			L1, A3:M27			22,015			7,898			(784)			29,129
Total revenue from contracts with customers			L1			821,522			155,086			(1,262)			975,346
Revenue from leases			L28			5,489			24,789			—			30,278
Other revenue (1)			L27			4,878			1,654			—			6,532
Total revenue			L17			$	831,889		$	181,529		$	(1,262)		$	1,012,156

The footnote is included for informational purposes only and is not intended to be a part of the reported information:

(1) Amount of revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and Topic 842, Leases.

Figure 12.1b

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

Standard Label

Balance Type

Period Type

Element Name

A1

Segments [Axis]

Duration

StatementBusinessSegmentsAxis

Segments [Domain]

Duration

SegmentDomain

ExM4

Refined Product Segment [Member]

Duration

RefinedProductSegmentMember

ExM5

Crude Oil Segment [Member]

Duration

CrudeOilSegmentMember

A3

Product and Service [Axis]

Duration

ProductOrServiceAxis

Product and Service [Domain]

Duration

ProductsAndServicesDomain

M25

Product [Member]

Duration

ProductMember

M27

Service, Other [Member]

Duration

ServiceOtherMember

ExM28

Transportation, Storage, and Other Services [Member]

Duration

TransportationStorageAndOtherServicesMember

ExM29

Pipeline Transportation [Member]

Duration

PipelineTransportationMember

ExM30

Terminalling and Storage Service [Member]

Duration

TerminallingAndStorageServiceMember

A7

Consolidation Items [Axis]

Duration

ConsolidationItemsAxis

Consolidation Items [Domain]

Duration

ConsolidationItemsDomain

M44

Operating Segments [Member]

Duration

OperatingSegmentsMember

M45

Intersegment Eliminations [Member]

Duration

IntersegmentEliminationMember

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L14

Cost, Depreciation and Amortization

Debit

Duration

CostOfGoodsAndServicesSoldDepreciationAndAmortization

L17

Revenues

Credit

Duration

Revenues

L19

Selling, General and Administrative Expense

Debit

Duration

SellingGeneralAndAdministrativeExpense

L21

Costs and Expenses

Debit

Duration

CostsAndExpenses

L22

Operating Income (Loss)

Credit

Duration

OperatingIncomeLoss

L25

Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization

Debit

Duration

CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization

L26

Other Cost and Expense, Operating

Debit

Duration

OtherCostAndExpenseOperating

L27

Revenue Not from Contract with Customer, Other

Credit

Duration

RevenueNotFromContractWithCustomerOther

L28

Lease Income

Credit

Duration

LeaseIncome

Figure 12.2

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

Standard Label

Preferred Label

Product and Service [Axis]

Product [Member]

Transportation, Storage, and Other Services [Member]

Report-wide Value

A3

M25

ExM28

L17

Revenues

Total revenue

663174

348982

1012156

L25

Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization

Cost of product sales and transportation, storage, and other services

457564

121337

L26

Other Cost and Expense, Operating

Operating expenses

147989

L19

Selling, General and Administrative Expense

Selling, general, and administrative

54789

L14

Cost, Depreciation and Amortization

Depreciation and amortization

26879

L21

Costs and Expenses

Total costs and expenses

808558

L22

Operating Income (Loss)

Operating income

203598

Figure 12.3a

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L1

L28

L27

L17

Standard Label

Consolidation Items [Axis]

Segments [Axis]

Product and Service [Axis]

Revenue from Contract with Customer, Excluding Assessed Tax

Lease Income

Revenue Not from Contract with Customer, Other

Revenues

A7

A1

A3

Preferred Label

Total revenue from contracts with customers

Revenue from leases

Other revenue

Total revenue

Pipeline Transportation [Member]

145972

ExM29

Refined Product Segment [Member]

Terminalling and Storage Service [Member]

54789

ExM30

Product [Member]

598746

ExM4

M25

Operating Segments [Member]

Service, Other [Member]

22015

M27

821522

5489

4878

831889

M44

Pipeline Transportation [Member]

54741

ExM29

Crude Oil Segment [Member]

Terminalling and Storage Service [Member]

34551

ExM30

Product [Member]

57896

ExM5

M25

Service, Other [Member]

7898

M27

155086

24789

1654

181529

Pipeline Transportation [Member]

0

ExM29

Intersegment Eliminations [Member]

Terminalling and Storage Service [Member]

-478

ExM30

M45

Product [Member]

0

M25

Service, Other [Member]

-784

M27

-1262

0

0

-1262

Pipeline Transportation [Member]

200713

ExM29

Terminalling and Storage Service [Member]

88862

ExM30

Product [Member]

656642

M25

Service, Other [Member]

29129

M27

Report-wide Value

975346

30278

6532

1012156

Figure 12.3b

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Notes:

Statement of Income:

•“Revenues” (L17) is used to tag the fact values for all revenue line items on the Statement of Income, including the total value, because both line items are a mixture of revenue from contracts with customers, lease revenue, and miscellaneous revenue under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

•“Transportation, Storage, and Other Services [Member]” (ExM28) is created and located together with “Product [Member]” (M25) under “Product and Service [Axis]” (A3) to provide the types of the company's products and services. An extensible enumeration element is not used because revenue is further disaggregated into various types of revenue.

•“Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization” (L25) is used to tag the fact value for the costs related to sale of products and transportation, storage, and other services.

•“Other Cost and Expense, Operating” (L26) is used to tag the fact value for operating expenses incurred by the company that exclude “Depreciation and amortization” and “Selling, general, and administrative” expenses. Per “GAAP Taxonomy Frequently Asked Questions” document, available on the FASB's website, Section 2, Question 2.3(b), elements with a caption “other” are intended to be used to represent the aggregation of immaterial items. “Operating expenses” in this case represent all the items that are not individually material enough to be stated separately in the Statement of Income. “Cost of product sales,” “Depreciation and amortization,” and “Selling, general, and administrative” expenses are stated separately and the remainder of individually immaterial expenses is presented as “Operating expenses” and tagged with “Other Cost and Expense, Operating” (L26).

•“Selling, General and Administrative Expense” (L19) is used to tag the fact value for selling, general, and administrative expenses incurred by the company.

•“Cost, Depreciation and Amortization” (L14) is used to tag the fact value for depreciation and amortization expenses incurred by the company.

•“Costs and Expenses” (L21) is used to tag the fact value for the total costs and expenses.

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•“Operating Income (Loss)” (L22) is used to tag the fact value for the difference between operating revenue and operating costs and expenses.

Revenue note disclosure:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact values for the revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers. In this example, the revenue recognized from satisfaction of performance obligations excludes tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•“Pipeline Transportation [Member]” (ExM29) and “Terminalling and Storage Service [Member]” (ExM30) are created and located together with “Product [Member]” (M25) and “Service, Other [Member]” (M27) under “Product and Service [Axis]” (A3) to provide the types of the company's products and services. An extensible enumeration element is not used in this example because revenue from contracts with customers is further disaggregated into various types of revenue.

•“Refined Product Segment [Member]” (ExM4) and “Crude Oil Segment [Member]” (ExM5) are created and located under “Segments [Axis]” (A1) to provide the company-specific names of the segments.

•“Lease Income” (L28) is used to tag the fact value for the revenue from leases under the FASB Accounting Standards Codification® Topic 842.

•“Revenue Not from Contract with Customer, Other” (L27) is used to tag the fact value for the other revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606. It is comprised of revenue from other miscellaneous sources but excludes revenue from leases. “Revenue Not from Contract with Customer” (L24) cannot be used in this example because there is another component of revenue that is also out of scope for the FASB Accounting Standards Codification® Topic 606. It is presented as a separate line item: revenue from leases and is tagged with “Lease Income” (L28). The usage of “Revenue Not from Contract with Customer” (L24) implies that the tagged fact value is all the revenue not in scope under the FASB Accounting Standards Codification® Topic 606. The usage of “Revenue Not from Contract with Customer, Other” (L27) communicates that the tagged fact value is not in scope under the FASB Accounting Standards Codification® Topic 606 but it does not represent all the revenue not in scope under the FASB Accounting Standards Codification® Topic 606.

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•The XBRL report view has the primary line item elements in the column headings, and the member elements are the row headings due to size constraints.

66

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Example 13a—Revenue and Cost of Revenue in the Statement of Income Presentation—Financial Institution—Includes Subtotals in the Revenue Note Disclosure—Alternative 1

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income and Revenue note disclosure for a financial institution. The following combinations are presented:

1.Statement of Income:

a.Only noninterest income portion of the Statement of Income is illustrated;

b.Noninterest income under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented as separate line items (“Service charges on deposit accounts,” “Debit and credit card interchange fees,” and “Trust and investment management fees”);

c.Noninterest income under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented as separate line items as well (“Mortgage banking,” “Bank-owned life insurance,” “Net gain on sale of loans,” “Net gain on sale of securities available for sale,” and “Other noninterest income”).

2.Revenue note disclosure:

a.Noninterest income under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented as separate line items, similarly to the Statement of Income, and includes the subtotal (“Noninterest income in scope of Topic 606”);

b.Noninterest income under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented as one line item. (“Noninterest income not in scope of Topic 606”).

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Company J
Statement of Income
Year Ended December 31,						20X0
NONINTEREST INCOME
Service charges on deposit accounts (1)			L1, A3:M31			$	8,797
Mortgage banking			ExL31			2,478
Debit and credit card interchange fees (1)			L1, A3:M34			6,587
Bank-owned life insurance			L32			578
Trust and investment management fees (1)			L1, A3:ExM35			10,245
Net gain on sale of loans			L33			1,452
Net gain on sale of securities available for sale			L34			987
Other noninterest income			L35			1,479
Total noninterest income			L30			$	32,603

(1) Noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

Figure 13a.1a

Company J
Note Disclosure
Revenue from Contracts with Customers
Year Ended December 31,						20X0
Noninterest income in scope of Topic 606:
Service charges on deposit accounts			L1, A3:M31			$	8,797
Debit and credit card interchange fees			L1, A3:M34			6,587
Trust and investment management fees			L1, A3:ExM35			10,245
Noninterest income in scope of Topic 606			L1			25,629
Noninterest income not in scope of Topic 606			L29			6,974
Total noninterest income			L30			$	32,603

Figure 13a.1b

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

Standard Label

Balance Type

Period Type

Element Name

A3

Product and Service [Axis]

Duration

ProductOrServiceAxis

Product and Service [Domain]

Duration

ProductsAndServicesDomain

M31

Deposit Account [Member]

Duration

DepositAccountMember

M34

Credit and Debit Card [Member]

Duration

CreditAndDebitCardMember

ExM35

Trust and Investment Management Fees [Member]

Duration

TrustAndInvestmentManagementFeesMember

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L29

Revenue Not from Contract with Customer, Excluding Interest Income

Credit

Duration

RevenueNotFromContractWithCustomerExcludingInterestIncome

L30

Noninterest Income

Credit

Duration

NoninterestIncome

ExL31

Mortgage Banking, Noninterest Income

Credit

Duration

MortgageBankingNoninterestIncome

L32

Bank Owned Life Insurance Income

Credit

Duration

BankOwnedLifeInsuranceIncome

L33

Gain (Loss) on Sales of Loans, Net

Credit

Duration

GainLossOnSalesOfLoansNet

L34

Debt Securities, Available-for-Sale, Realized Gain (Loss)

Credit

Duration

DebtSecuritiesAvailableForSaleRealizedGainLoss

L35

Noninterest Income, Other Operating Income

Credit

Duration

NoninterestIncomeOtherOperatingIncome

Figure 13a.2

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

Standard Label

Preferred Label

Product and Service [Axis]

Deposit Account [Member]

Credit and Debit Card [Member]

Trust and Investment Management Fees [Member]

Report-wide Value

A3

M31

M34

ExM35

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Noninterest income in scope of Topic 606

8797

6587

10245

ExL31

Mortgage Banking, Noninterest Income

Mortgage banking

2478

L32

Bank Owned Life Insurance Income

Bank-owned life insurance

578

L33

Gain (Loss) on Sales of Loans, Net

Net gain on sale of loans

1452

L34

Debt Securities, Available-for-Sale, Realized Gain (Loss)

Net gain on sale of securities available for sale

987

L35

Noninterest Income, Other Operating Income

Other noninterest income

1479

L30

Noninterest Income

Total noninterest income

32603

Figure 13a.3a

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Standard Label

Preferred Label

Product and Service [Axis]

Deposit Account [Member]

Credit and Debit Card [Member]

Trust and Investment Management Fees [Member]

Report-wide Value

A3

M31

M34

ExM35

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Noninterest income in scope of Topic 606

8797

6587

10245

25629

L29

Revenue Not from Contract with Customer, Excluding Interest Income

Noninterest income not in scope of Topic 606

6974

L30

Noninterest Income

Total noninterest income

32603

Figure 13a.3b

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Notes:

Statement of Income:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact values for the revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, in both the Statement of Income and Revenue note disclosure. In this example, the revenue recognized from satisfaction of performance obligations excludes tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•The fact values for the noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are tagged using the appropriate line item element, for example, Revenue from Contract with Customer, Excluding Assessed Tax (L1), and dimension for each type of the company's noninterest income. “Trust and Investment Management Fees [Member]” (ExM35) is created and located together with “Deposit Account [Member]” (M31) and “Credit and Debit Card [Member]” (M34) under “Product and Service [Axis]” (A3) to provide the types of the company's noninterest income.

•The fact values for the noninterest income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are tagged using the line item elements and no dimensions. The following line item elements are used:

◦“Mortgage Banking, Noninterest Income” (ExL31) is created to tag the fact value for noninterest income from mortgage banking1;

◦“Bank Owned Life Insurance Income” (L32), “Gain (Loss) on Sales of Loans, Net” (L33), “Debt Securities, Available-for-Sale, Realized Gain (Loss)” (L34), and “Noninterest Income, Other Operating Income” (L35) are used to tag the fact values for noninterest income.

•“Noninterest Income” (L30) is used to tag the fact value for the total noninterest income. The total noninterest income consists of income recognized under the FASB Accounting

1 If mortgage banking income is recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, then the fact value is intended to be tagged with “Mortgage Banking [Member]” and the appropriate line item element related to revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

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Standards Codification® Topic 606, Revenue from Contracts with Customers, and income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

Revenue note disclosure:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact values for the revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, in both the Statement of Income and Revenue note disclosure. In this example, the revenue recognized from satisfaction of performance obligations excludes tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•The fact values for the noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are tagged using the appropriate line item element, for example, Revenue from Contract with Customer, Excluding Assessed Tax (L1), and dimension for each type of the company's noninterest income. “Trust and Investment Management Fees [Member]” (ExM35) is created and located together with “Deposit Account [Member]” (M31) and “Credit and Debit Card [Member]” (M34) under “Product and Service [Axis]” (A3) to provide the types of the company's noninterest income.

•“Revenue Not from Contract with Customer, Excluding Interest Income” (L29) is used to tag the fact value for the total of noninterest income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606.

•“Noninterest Income” (L30) is used to tag the fact value for the total noninterest income. The total noninterest income consists of income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

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Example 13b—Revenue and Cost of Revenue in the Statement of Income Presentation—Financial Institution—Includes Subtotals in the Revenue Note Disclosure—Alternative 2

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income and Revenue note disclosure for a financial institution. The following combinations are presented:

1.Statement of Income:

a.Only noninterest income portion of the Statement of Income is illustrated;

b.Noninterest income under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented as separate line items (“Service charges on deposit accounts,” “Debit and credit card interchange fees,” and “Trust and investment management fees”);

c.Noninterest income under guidance other than the FASB Accounting Standards Codification® Topic 606 is presented as separate line items (“Mortgage banking,” “Net gain on sale of loans,” “Net gain on sale of securities available for sale,” and “Other noninterest income”).

d.“Insurance income” is a combination of revenue under the FASB Accounting Standards Codification® Topic 606 and revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606:

i.Insurance income under the FASB Accounting Standards Codification® Topic 606 is included as a separate line item in the Revenue note disclosure (“Property and casualty brokerage fees”);

ii.Insurance income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606 is included within the “Noninterest income not in scope of Topic 606” line item in the Revenue note disclosure.

2.Revenue note disclosure:

a.Noninterest income under the FASB Accounting Standards Codification® Topic 606 is presented as separate line items, similar to the Statement of Income, with

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an additional line item (“Property and casualty brokerage fees”) and includes the subtotal (“Noninterest income in scope of Topic 606”).

b.Noninterest income under guidance other than the FASB Accounting Standards Codification® Topic 606 is presented as one line item. (“Noninterest income not in scope of Topic 606”).

Company K
Statement of Income
Year Ended December 31,						20X0
NONINTEREST INCOME
Service charges on deposit accounts (1)			L1, A3:M31			$	8,797
Mortgage banking			ExL31			2,478
Debit and credit card interchange fees (1)			L1, A3:M34			6,587
Insurance income (2)			L36			578
Trust and investment management fees (1)			L1, A3:ExM35			10,245
Net gain on sale of loans			L33			1,452
Net gain on sale of securities available for sale			L34			987
Other noninterest income			L35			1,479
Total noninterest income			L30			$	32,603

The footnote is included for informational purposes only and is not intended to be a part of the reported information:

(1) Noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

(2) “Insurance income” is a combination of income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers (See “Property and casualty brokerage fees” in Figure 13b.1b), and income not in scope of the FASB Accounting Standards Codification® Topic 606. The portion of “Insurance income” not in scope of the FASB Accounting Standards Codification® Topic 606 is included in “Noninterest income not in scope of Topic 606” line item in Figure 13b.1b.

Figure 13b.1a

Company K
Note Disclosure
Revenue from Contracts with Customers
Year Ended December 31,						20X0
Noninterest income in scope of Topic 606:
Service charges on deposit accounts			L1, A3:M31			$	8,797
Debit and credit card interchange fees			L1, A3:M34			6,587
Trust and investment management fees			L1, A3:ExM35			10,245
Property and casualty brokerage fees			L1, A3:ExM38			105
Noninterest income in scope of Topic 606			L1			25,734
Noninterest income not in scope of Topic 606			L29			6,869
Total noninterest income			L30			$	32,603

Figure 13b.1b

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

Standard Label

Balance Type

Period Type

Element Name

A3

Product and Service [Axis]

Duration

ProductOrServiceAxis

Product and Service [Domain]

Duration

ProductsAndServicesDomain

M31

Deposit Account [Member]

Duration

DepositAccountMember

M34

Credit and Debit Card [Member]

Duration

CreditAndDebitCardMember

ExM35

Trust and Investment Management Fees [Member]

Duration

TrustAndInvestmentManagementFeesMember

ExM38

Property and Casualty Brokerage Fees [Member]

Duration

PropertyAndCasualtyBrokerageFeesMember

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L29

Revenue Not from Contract with Customer, Excluding Interest Income

Credit

Duration

RevenueNotFromContractWithCustomerExcludingInterestIncome

L30

Noninterest Income

Credit

Duration

NoninterestIncome

ExL31

Mortgage Banking, Noninterest Income

Credit

Duration

MortgageBankingNoninterestIncome

L33

Gain (Loss) on Sales of Loans, Net

Credit

Duration

GainLossOnSalesOfLoansNet

L34

Debt Securities, Available-for-Sale, Realized Gain (Loss)

Credit

Duration

DebtSecuritiesAvailableForSaleRealizedGainLoss

L35

Noninterest Income, Other Operating Income

Credit

Duration

NoninterestIncomeOtherOperatingIncome

L36

Insurance Services Revenue

Credit

Duration

InsuranceServicesRevenue

Figure 13b.2

76

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

Standard Label

Preferred Label

Product and Service [Axis]

Deposit Account [Member]

Credit and Debit Card [Member]

Trust and Investment Management Fees [Member]

Report-wide Value

A3

M31

M34

ExM35

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Noninterest income in scope of Topic 606

8797

6587

10245

ExL31

Mortgage Banking, Noninterest Income

Mortgage banking

2478

L36

Insurance Services Revenue

Insurance income

578

L33

Gain (Loss) on Sales of Loans, Net

Net gain on sale of loans

1452

L34

Debt Securities, Available-for-Sale, Realized Gain (Loss)

Net gain on sale of securities available for sale

987

L35

Noninterest Income, Other Operating Income

Other noninterest income

1479

L30

Noninterest Income

Total noninterest income

32603

Figure 13b.3a

77

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Standard Label

Preferred Label

Product and Service [Axis]

Deposit Account [Member]

Credit and Debit Card [Member]

Trust and Investment Management Fees [Member]

Property and Casualty Brokerage Fees [Member]

Report-wide Value

A3

M31

M34

ExM35

ExM38

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Noninterest income in scope of Topic 606

8797

6587

10245

105

25734

L29

Revenue Not from Contract with Customer, Excluding Interest Income

Noninterest income not in scope of Topic 606

6869

L30

Noninterest Income

Total noninterest income

32603

Figure 13b.3b

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Notes:

Statement of Income:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact values for the revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, in both the Statement of Income and Revenue note disclosure. In this example, the revenue recognized from satisfaction of performance obligations excludes tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•The fact values for the noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are tagged using the appropriate line item element, for example, Revenue from Contract with Customer, Excluding Assessed Tax (L1), and dimension for each type of the company's noninterest income. “Trust and Investment Management Fees [Member]” (ExM35) is created and located together with “Deposit Account [Member]” (M31) and “Credit and Debit Card [Member]” (M34) under “Product and Service [Axis]” (A3) to provide the types of the company's noninterest income.

•The fact values for the noninterest income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are tagged using the line item elements and no dimensions. The following line item elements are used:

◦“Mortgage Banking, Noninterest Income” (ExL31) is created to tag the fact value for noninterest income from mortgage banking2;

◦“Gain (Loss) on Sales of Loans, Net” (L33), “Debt Securities, Available-for-Sale, Realized Gain (Loss)” (L34), and “Noninterest Income, Other Operating Income” (L35) are used to tag the fact values for noninterest income.

•“Insurance Services Revenue” (L36) is used to tag the fact value for insurance noninterest income which, in this example, is a combination of revenue under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and

2 If mortgage banking income is recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, then the fact value is intended to be tagged with “Mortgage Banking [Member]” and the appropriate line item element related to revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

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revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers. The dimension is not intended to be used because the line item contains revenue recognized under guidance other than the FASB Accounting Standards Codification® Topic 606.

•“Noninterest Income” (L30) is used to tag the fact value for the total noninterest income. The total noninterest income consists of income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

Revenue note disclosure:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact values for the revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, in both the Statement of Income and Revenue note disclosure. In this example, the revenue recognized from satisfaction of performance obligations excludes tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•The fact values for the noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are tagged using the appropriate line item element, for example, Revenue from Contract with Customer, Excluding Assessed Tax (L1), and dimension for each type of the company's noninterest income. “Trust and Investment Management Fees [Member]” (ExM35) and “Property and Casualty Brokerage Fees [Member]” (ExM38) are created and located together with “Deposit Account [Member]” (M31) and “Credit and Debit Card [Member]” (M34) under “Product and Service [Axis]” (A3) to provide the types of the company's noninterest income.

•“Revenue Not from Contract with Customer, Excluding Interest Income” (L29) is used to tag the fact value for the total of noninterest income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606.

•“Noninterest Income” (L30) is used to tag the fact value for the total noninterest income. The total noninterest income consists of income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and

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income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

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Example 14—Revenue and Cost of Revenue in the Statement of Income Presentation—Financial Institution—No Subtotals in the Revenue Note Disclosure with Further Disaggregation

This Example illustrates the modeling for the revenue and cost of revenue in the Statement of Income and Revenue note disclosure for a financial institution. The following combinations are presented:

1.Statement of Income:

a.Only noninterest income portion of the Statement of Income is illustrated;

b.Noninterest income under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented as separate line items (“Service charges on deposit accounts,” “Debit and credit card interchange fees,” and “Trust and investment management fees”);

c.Noninterest income under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, is presented as separate line items (“Mortgage banking,” “Bank-owned life insurance,” “Net gain on sale of loans,” “Net gain on sale of securities available for sale,” and “Other noninterest income”).

2.Revenue note disclosure:

a.Noninterest income under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and noninterest income under guidance other than the FASB Accounting Standards Codification® Topic 606 are presented as separate line items, similar to the Statement of Income, with a few additional line items:

i.“Service charges on deposit accounts” is further broken down into “Account maintenance fees” and “Overdraft fees”;

ii.“Trust and investment management fees” is further broken down into “Trust fees” and “Investment management fees.”

b.Noninterest income line items under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are presented separately using denotations and footnotes;

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c.Subtotals for noninterest income in scope and not in scope of the FASB Accounting Standards Codification® Topic 606 are presented in a separate table.

Company L
Statement of Income
Year Ended December 31,						20X0
NONINTEREST INCOME
Service charges on deposit accounts (1)			L1, A3:M31			$	8,797
Mortgage banking			ExL31			2,478
Debit and credit card interchange fees (1)			L1, A3:M34			6,587
Bank-owned life insurance			L32			578
Trust and investment management fees (1)			L1, A3:ExM35			10,245
Net gain on sale of loans			L33			1,452
Net gain on sale of securities available for sale			L34			987
Other noninterest income			L35			1,479
Total noninterest income			L30			$	32,603

(1) Noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

Figure 14.1a

83

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Company L
Note Disclosure
Revenue from Contracts with Customers
Year Ended December 31,						20X0
Noninterest income:
Service charges on deposit accounts (1)
Account maintenance fees			L1, A3:ExM32			$	4,879
Overdraft fees			L1, A3:ExM33			3,918
Total service charges on deposit accounts			L1, A3:M31			8,797
Mortgage banking			ExL31			2,478
Debit and credit card interchange fees (1)			L1, A3:M34			6,587
Bank-owned life insurance			L32			578
Trust and investment management fees (1)
Trust fees			L1, A3:ExM36			5,789
Investment management fees			L1, A3:M37			4,456
Total trust and investment management fees			L1, A3:ExM35			10,245
Net gain on sale of loans			L33			1,452
Net gain on sale of securities available for sale			L34			987
Other noninterest income			L35			1,479
Total noninterest income			L30			$	32,603
(1) Noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.
Year Ended December 31,						20X0
Noninterest income from contracts with customers in scope of ASC Topic 606			L1			25,629
Noninterest income out of scope of ASC Topic 606			L29			6,974
Total noninterest income			L30			$	32,603

Figure 14.1b

84

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

Standard Label

Balance Type

Period Type

Element Name

A3

Product and Service [Axis]

Duration

ProductOrServiceAxis

Product and Service [Domain]

Duration

ProductsAndServicesDomain

M31

Deposit Account [Member]

Duration

DepositAccountMember

ExM32

Account Maintenance Fees [Member]

Duration

AccountMaintenanceFeesMember

ExM33

Overdraft Fees [Member]

Duration

OverdraftFeesMember

M34

Credit and Debit Card [Member]

Duration

CreditAndDebitCardMember

ExM35

Trust and Investment Management Fees [Member]

Duration

TrustAndInvestmentManagementFeesMember

ExM36

Trust Fees [Member]

Duration

TrustFeesMember

M37

Investment Advisory, Management and Administrative Service [Member]

Duration

InvestmentAdvisoryManagementAndAdministrativeServiceMember

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Credit

Duration

RevenueFromContractWithCustomerExcludingAssessedTax

L29

Revenue Not from Contract with Customer, Excluding Interest Income

Credit

Duration

RevenueNotFromContractWithCustomerExcludingInterestIncome

L30

Noninterest Income

Credit

Duration

NoninterestIncome

ExL31

Mortgage Banking, Noninterest Income

Credit

Duration

MortgageBankingNoninterestIncome

L32

Bank Owned Life Insurance Income

Credit

Duration

BankOwnedLifeInsuranceIncome

L33

Gain (Loss) on Sales of Loans, Net

Credit

Duration

GainLossOnSalesOfLoansNet

L34

Debt Securities, Available-for-Sale, Realized Gain (Loss)

Credit

Duration

DebtSecuritiesAvailableForSaleRealizedGainLoss

L35

Noninterest Income, Other Operating Income

Credit

Duration

NoninterestIncomeOtherOperatingIncome

Figure 14.2

85

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

Standard Label

Preferred Label

Product and Service [Axis]

Deposit Account [Member]

Credit and Debit Card [Member]

Trust and Investment Management Fees [Member]

Report-wide Value

A3

M31

M34

ExM35

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Noninterest income from contracts with customers in scope of ASC Topic 606

8797

6587

10245

ExL31

Mortgage Banking, Noninterest Income

Mortgage banking

2478

L32

Bank Owned Life Insurance Income

Bank-owned life insurance

578

L33

Gain (Loss) on Sales of Loans, Net

Net gain on sale of loans

1452

L34

Debt Securities, Available-for-Sale, Realized Gain (Loss)

Net gain on sale of securities available for sale

987

L35

Noninterest Income, Other Operating Income

Other noninterest income

1479

L30

Noninterest Income

Total noninterest income

32603

Figure 14.3a

86

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Standard Label

Preferred Label

Product and Service [Axis]

Account Maintenance Fees [Member]

Overdraft Fees [Member]

Deposit Account [Member]

Credit and Debit Card [Member]

Trust Fees [Member]

Investment Advisory, Management and Administrative Service [Member]

Trust and Investment Management Fees [Member]

Report-wide Value

A3

ExM32

ExM33

M31

M34

ExM36

M37

ExM35

L1

Revenue from Contract with Customer, Excluding Assessed Tax

Noninterest income from contracts with customers in scope of ASC Topic 606

4879

3918

8797

6587

5789

4456

10245

25629

L29

Revenue Not from Contract with Customer, Excluding Interest Income

Noninterest income out of scope of ASC Topic 606

6974

ExL31

Mortgage Banking, Noninterest Income

Mortgage banking

2478

L32

Bank Owned Life Insurance Income

Bank-owned life insurance

578

L33

Gain (Loss) on Sales of Loans, Net

Net gain on sale of loans

1452

L34

Debt Securities, Available-for-Sale, Realized Gain (Loss)

Net gain on sale of securities available for sale

987

L35

Noninterest Income, Other Operating Income

Other noninterest income

1479

L30

Noninterest Income

Total noninterest income

32603

Figure 14.3b

87

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Notes:

Statement of Income:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact values for the revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, in both the Statement of Income and Revenue note disclosure. In this example, the revenue recognized from satisfaction of performance obligations excludes tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•The fact values for the noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are tagged using the appropriate line item element, for example, Revenue from Contract with Customer, Excluding Assessed Tax (L1), and dimension for each type of the company's noninterest income. “Trust and Investment Management Fees [Member]” (ExM35) is created and located together with “Deposit Account [Member]” (M31) and “Credit and Debit Card [Member]” (M34) under “Product and Service [Axis]” (A3) to provide the types of the company's noninterest income.

•The fact values for the noninterest income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are tagged using the line item elements and no dimensions. The following line item elements are used:

◦“Mortgage Banking, Noninterest Income” (ExL31) is created to tag the fact value for noninterest income from mortgage banking3;

◦“Bank Owned Life Insurance Income” (L32), “Gain (Loss) on Sales of Loans, Net” (L33), “Debt Securities, Available-for-Sale, Realized Gain (Loss)” (L34), and “Noninterest Income, Other Operating Income” (L35) are used to tag the fact values for noninterest income.

•“Noninterest Income” (L30) is used to tag the fact value for the total noninterest income. The total noninterest income consists of income recognized under the FASB Accounting

3 If mortgage banking income is recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, then the fact value is intended to be tagged with “Mortgage Banking [Member]” and the appropriate line item element related to revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

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Standards Codification® Topic 606, Revenue from Contracts with Customers, and income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

Revenue note disclosure:

•“Revenue from Contract with Customer, Excluding Assessed Tax” (L1) is used to tag the fact values for the revenue recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, in both the Statement of Income and Revenue note disclosure. In this example, the revenue recognized from satisfaction of performance obligations excludes tax collected from customers. Alternatively, “Revenue from Contract with Customer, Including Assessed Tax” (L15) element may be used, if applicable.

•The fact values for the noninterest income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, are tagged using the appropriate line item element, for example, Revenue from Contract with Customer, Excluding Assessed Tax (L1), and dimension for each type of the company's noninterest income. “Trust and Investment Management Fees [Member]” (ExM35) is created and located together with “Deposit Account [Member]” (M31) and “Credit and Debit Card [Member]” (M34) under “Product and Service [Axis]” (A3) to provide the types of the company's noninterest income.

◦“Account Maintenance Fees [Member]” (ExM32) and “Overdraft Fees [Member]” (ExM33) are created and located under “Product and Service [Axis]” (A3) to provide a further breakdown of the company's noninterest income from service charges on deposit accounts.

◦“Trust Fees [Member]” (ExM36) is created and located together with “Investment Advisory, Management and Administrative Service [Member]” (M37) under “Product and Service [Axis]” (A3) to provide a further breakdown of the company's noninterest income from trust and investment management fees.

•“Revenue Not from Contract with Customer, Excluding Interest Income” (L29) is used to tag the fact value for the total of noninterest income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

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•“Noninterest Income” (L30) is used to tag the fact value for the total noninterest income. The total noninterest income consists of income recognized under the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers, and income recognized under guidance other than the FASB Accounting Standards Codification® Topic 606, Revenue from Contracts with Customers.

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Appendix A

Changes to 2023 GAAP Taxonomy Implementation Guide (Version 5.0) from 2021 GAAP Taxonomy Implementation Guide (Version 4.0)

Example Number(s) or Section

Figure(s)

Explanation

2021 Version 4.0 Reference

2021 Version 4.0 Element

2021 Version 4.0 Standard Label

2023 Version 5.0 Reference

2023 Version 5.0 Element

2023 Version 5.0 Standard Label

Part I, Example 3a

N/A

Example 3a was renamed to Example 3.

N/A

N/A

N/A

N/A

N/A

N/A

Part I, Example 3b

N/A

Example 3b was renamed to Example 4.

N/A

N/A

N/A

N/A

N/A

N/A

Part I, Example 4

N/A

Example 4 was renamed to Example 5.

N/A

N/A

N/A

N/A

N/A

N/A

Part 1, Example 5

N/A

Example 5 was removed. Legend identifiers were updated throughout the guide to reflect the removal of Example 5 elements.

N/A

N/A

N/A

N/A

N/A

N/A

Part II, Examples 13a, 13b, and 14

N/A

Modified language throughout the example.

N/A

N/A

N/A

N/A

N/A

N/A

91