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abc-20241231
http://www.abc.com/20241231#SubsidiaryNotInChapter11Memberhttp://www.abc.com/20241231#SubsidiaryNotInChapter11Memberhttp://www.abc.com/20241231#SubsidiaryNotInChapter11Memberhttp://www.abc.com/20241231#SubsidiaryNotInChapter11Member01234567892024-01-012024-12-310123456789us-gaap:ReorganizationChapter11DebtorInPossessionMember2024-12-31iso4217:USD0123456789us-gaap:NonrelatedPartyMemberus-gaap:ReorganizationChapter11DebtorInPossessionMember2024-12-310123456789us-gaap:RelatedPartyMemberus-gaap:ReorganizationChapter11DebtorInPossessionMember2024-12-310123456789us-gaap:NonrelatedPartyMemberus-gaap:ReorganizationChapter11DebtorInPossessionMember2024-01-012024-12-310123456789us-gaap:RelatedPartyMemberus-gaap:ReorganizationChapter11DebtorInPossessionMember2024-01-012024-12-310123456789us-gaap:ReorganizationChapter11DebtorInPossessionMember2024-01-012024-12-31iso4217:USDxbrli:shares0123456789us-gaap:ReorganizationChapter11DebtorInPossessionMember2023-12-3101234567892024-06-0101234567892024-04-060123456789srt:MinimumMember2024-04-060123456789srt:MaximumMember2024-04-060123456789us-gaap:ReorganizationChapter11PredecessorBeforeAdjustmentMember2024-10-010123456789us-gaap:DischargeOfDebtMember2024-10-0101234567892024-10-010123456789us-gaap:ReorganizationChapter11FreshStartAdjustmentMember2024-10-010123456789us-gaap:ExchangeOfStockForStockMember2024-10-0101234567892024-10-022024-12-3101234567892024-12-31



XBRL_GAAP_TIG_short_cover-bg.jpg

Version 2.0
February 2024





Reorganizations
(2024 GAAP Taxonomy)



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



* Changes from the 2023 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 the 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.
































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GAAP Taxonomy Implementation Guide on Reorganizations
Overview
The purpose of this GAAP Taxonomy Implementation Guide (Guide) is to demonstrate the modeling for the reporting of a Chapter 11 reorganization under FASB Accounting Standards Codification® Topic 852. These examples are not intended to encompass all the potential modeling configurations or to dictate the appearance and structure of an entity’s extension taxonomy or its financial statements. The examples are provided to help users of the GAAP Financial Reporting Taxonomy and the SEC Reporting Taxonomy (collectively referred to as the “GAAP Taxonomy”) understand how the modeling for a Chapter 11 reorganization is structured within the GAAP Taxonomy. The examples are based on the assumption that an entity meets the criteria for reporting a Chapter 11 reorganization 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).
Two sections are included in this Guide:
Section 1: Overview of Modeling: This section provides an overview of the modeling for the reporting of Chapter 11 reorganization under Topic 852.
Section 2: Examples of Modeling: This section includes examples of modeling for the reporting of Chapter 11 reorganization under Topic 852.
Example 1—Disclosure of Condensed Combined Statement of Financial Position—Operating Under Chapter 11 Reorganization
Example 2—Disclosure of Condensed Combined Statement of Operations—Operating Under Chapter 11 Reorganization
Example 3—Disclosure of Condensed Combined Statement of Cash Flows—Operating Under Chapter 11 Reorganization
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Example 4—Disclosure of Reorganization Value
Example 5—Disclosure of Condensed Consolidated Statement of Financial Position upon Emergence from Chapter 11 Reorganization and Adoption of Fresh-Start Accounting
Example 6—Consolidated Statement of Financial Position After Emergence from Chapter 11 Reorganization and Adoption of Fresh-Start Accounting









































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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.
CodingStandard Label Element Name
A1Consolidated Entities [Axis]ConsolidatedEntitiesAxis
Consolidated Entities [Domain]ConsolidatedEntitiesDomain
M1Reorganization, Chapter 11, Debtor-in-Possession [Member]ReorganizationChapter11DebtorInPossessionMember
A2Related and Nonrelated Parties [Axis]RelatedPartyTransactionsByRelatedPartyAxis
Related and Nonrelated Parties [Domain]RelatedPartyDomain
M2Nonrelated Party [Member]NonrelatedPartyMember
M3Related Party [Member]RelatedPartyMember
A3Statistical Measurement [Axis]RangeAxis
Statistical Measurement [Domain]RangeMember
M4Minimum [Member]MinimumMember
M5Maximum [Member]MaximumMember
A4Reorganization, Chapter 11 [Axis]FreshStartAdjustmentsTypeOfFreshStartAdjustmentAxis
Reorganization, Chapter 11 [Domain]TypeOfFreshStartAdjustmentDomain
M6Reorganization, Chapter 11, Predecessor, before Adjustment [Member]ReorganizationChapter11PredecessorBeforeAdjustmentMember
M7Reorganization, Chapter 11, Discharge of Debt Adjustment [Member]DischargeOfDebtMember
M8Reorganization, Chapter 11, Exchange of Stock Adjustment [Member]ExchangeOfStockForStockMember
M9Reorganization, Chapter 11, Fresh-Start Adjustment [Member]ReorganizationChapter11FreshStartAdjustmentMember
(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 through December 31, 20XX).
(3)The XBRL report view (Figure x.3 in each example) does not include all information that may appear in an entity’s instance document. The XBRL report view is provided for illustrative purposes only.
(4)For elements contained in the GAAP Taxonomy, the standard label is as it appears in the GAAP Taxonomy. For extension elements, the standard label corresponds to the element
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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 an entity to show the line item captions in its financial statements.
(7)Additional information for values reported using extensible enumerations can be found in the GAAP Taxonomy Implementation Guide, Extensible Enumerations: A Guide for Preparers.
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Section 1: Overview of Modeling
The modeling for disclosures for Topic 852, Reorganizations, is designed to use financial statement line items with dimensions to accommodate the reporting requirements and provide flexibility.
“Reorganization, Chapter 11, Debtor-in-Possession [Member]” (M1) is a child of “Consolidated Entities [Axis]” (A1) and is intended to be used to disaggregate values between entities operating and those not operating under Chapter 11 reorganization. It is used for the amounts of one or more, but not all, consolidated entities operating under Chapter 11 reorganization. “Reorganization, Chapter 11, Debtor-in-Possession, All Entities [true false]” (L1) is used to indicate whether all consolidated entities are operating under a Chapter 11 reorganization.
The “Reorganization, Chapter 11 [Axis]” (A4) and the applicable members are intended to be used to tag the values of predecessor and adjustments from the Chapter 11 reorganization proceedings. “Reorganization, Chapter 11, Predecessor, before Adjustment [Member]” (M6) is to be used to tag the fact values of the entity before adjustments as the predecessor. “Reorganization, Chapter 11, Plan Effect Adjustment [Member]” and “Reorganization, Chapter 11, Fresh-Start Adjustment [Member]” (M9) are used to distinguish the different types of adjustments. The report-wide values represent the values of the emerging entity after adjustments as the successor. “Reorganization, Chapter 11, Discharge of Debt Adjustment [Member]” (M7) and “Reorganization, Chapter 11, Exchange of Stock Adjustment [Member]” (M8) are located as children of “Reorganization, Chapter 11, Plan Effect Adjustment [Member]” for additional detail.
The date context intended to be used for the values disaggregated by “Reorganization, Chapter 11 [Axis]” (A4) and report-wide values is the ending date context of the reorganization. For example, an entity emerged from bankruptcy and adopted fresh-start accounting on October 1, 20x1. The date context used for XBRL tagging is 20x1-10-01 even though the date for the emerging entity or successor is the beginning of October 2, 20x1 from an accounting perspective.
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Section 2: Examples of Modeling
Example 1—Disclosure of Condensed Combined Statement of Financial Position—Operating Under Chapter 11 Reorganization
This Example illustrates the modeling for a condensed combined statement of financial position of one or more, but not all, consolidated entities in Chapter 11 reorganization proceedings.
Intercompany transactions among the entities in reorganization proceedings (debtor-in- possession) have been eliminated in the condensed combined statement of financial position. However, transactions between the debtor-in-possession and the subsidiary not in reorganization proceedings are reported in the condensed combined statement of financial position for the debtor-in-possession. Prepetition liabilities subject to compromise are classified as “Liabilities Subject to Compromise” in the condensed combined statement of financial position and the consolidated statement of financial position.
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The condensed combined financial statements of the debtor-in-possession in Chapter 11 reorganization proceedings include the financial statements of the ABC company and its consolidated subsidiaries X and Y but exclude the financial statements of the consolidated subsidiary Z not in the reorganization proceedings. [1]
ABC Company
(Debtor-in-Possession)
Condensed Combined Statement of Financial Position
As of December 31, 20x1
(in thousands)
A1:M1
Cash and cash equivalentL2$240 
Accounts receivable, net of allowance for credit loss $30 L3, A1:M1, A2:M2
L4, A2:M2210 
Accounts receivable, net of allowance for credit loss $10 L3, A1:M1, A2:M3 from subsidiary not in Chapter 11 XL5, A1:M1, A2:M3
L4, A2:M350 
InventoriesL6150 
Total current assetsL7650 
Investment in subsidiary not in Chapter 11L8235 
Property, plant and equipment, net of depreciation $50 L9, A1:M1
L10275 
GoodwillL11200 
Total noncurrent assetsL12710 
Total assetsL13$1,360 
Liabilities not subject to compromise:
Short-term borrowingsL14$175 
Accounts payableL15, A2:M2150 
Accounts payable to subsidiary not in Chapter 11 XL16, A1:M1, A2:M3
L15, A2:M350 
Total current liabilitiesL17375 
Liabilities subject to compromiseL181,050 
Total liabilitiesL191,425 
Preferred stockL20325 
Common stockL2175 
Retained earnings (deficit)L22(500)
Total ABC shareholders' equity (deficit)L23(100)
Noncontrolling interestL2435 
Total liabilities and shareholders' (deficit)L25$1,360 
_____________________________
This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.

[1] L1
Figure 1a.1
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The following table summarizes the components of total liabilities subject to compromise:
(in thousands)
A1:M1
Debt and accrued interestL26$800 
Accounts payable and accrued liabilitiesL27150 
Pension and postretirement liabilitiesL2860 
Other liabilitiesL2940 
Total liabilities subject to compromiseL18$1,050 

Figure 1b.1
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The legend for the elements used to tag these facts follows:
Standard Label Balance TypePeriod TypeElement Name
A1Consolidated Entities [Axis]DurationConsolidatedEntitiesAxis
Consolidated Entities [Domain]DurationConsolidatedEntitiesDomain
M1Reorganization, Chapter 11, Debtor-in-Possession [Member]DurationReorganizationChapter11DebtorInPossessionMember
A2Related and Nonrelated Parties [Axis]DurationRelatedPartyTransactionsByRelatedPartyAxis
Related and Nonrelated Parties [Domain]DurationRelatedPartyDomain
M2Nonrelated Party [Member]DurationNonrelatedPartyMember
M3Related Party [Member]DurationRelatedPartyMember
L1Reorganization, Chapter 11, Debtor-in-Possession, All Entities [true false]DurationReorganizationChapter11DebtorInPossessionAllEntities
L2Cash and Cash Equivalents, at Carrying ValueDebitInstantCashAndCashEquivalentsAtCarryingValue
L3Accounts Receivable, Allowance for Credit Loss, CurrentCreditInstantAllowanceForDoubtfulAccountsReceivableCurrent
L4Accounts Receivable, after Allowance for Credit Loss, CurrentDebitInstantAccountsReceivableNetCurrent
XL5Accounts Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration]InstantAccountsReceivableAfterAllowanceForCreditLossCurrentRelatedPartyTypeExtensibleEnumeration
L6Inventory, NetDebitInstantInventoryNet
L7Assets, CurrentDebitInstantAssetsCurrent
L8Equity Method InvestmentsDebitInstantEquityMethodInvestments
L9Accumulated Depreciation, Depletion and Amortization, Property, Plant, and EquipmentCreditInstantAccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
L10Property, Plant and Equipment, NetDebitInstantPropertyPlantAndEquipmentNet
L11GoodwillDebitInstantGoodwill
L12Assets, NoncurrentDebitInstantAssetsNoncurrent
L13AssetsDebitInstantAssets
L14Short-Term DebtCreditInstantShortTermBorrowings
L15Accounts Payable, CurrentCreditInstantAccountsPayableCurrent
Figure 1.2 (continues)
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Standard Label Balance TypePeriod TypeElement Name
XL16Accounts Payable, Related Party [Extensible Enumeration]InstantAccountsPayableRelatedPartyTypeExtensibleEnumeration
L17Liabilities, CurrentCreditInstantLiabilitiesCurrent
L18Liabilities Subject to CompromiseCreditInstantLiabilitiesSubjectToCompromise
L19LiabilitiesCreditInstantLiabilities
L20Preferred Stock, Value, IssuedCreditInstantPreferredStockValue
L21Common Stock, Value, IssuedCreditInstantCommonStockValue
L22Retained Earnings (Accumulated Deficit) CreditInstantRetainedEarningsAccumulatedDeficit
L23Equity, Attributable to ParentCreditInstantStockholdersEquity
L24Equity, Attributable to Noncontrolling InterestCreditInstantMinorityInterest
L25Liabilities and EquityCreditInstantLiabilitiesAndStockholdersEquity
L26Liabilities Subject to Compromise, Debt and Accrued InterestCreditInstantLiabilitiesSubjectToCompromiseDebtAndAccruedInterest
L27Liabilities Subject to Compromise, Accounts Payable and Accrued LiabilitiesCreditInstantLiabilitiesSubjectToCompromiseAccountsPayableAndAccruedLiabilities
L28Liability Subject to Compromise, Pension and Other Postretirement Benefit Plan, Benefit ObligationCreditInstantLiabilitiesSubjectToCompromisePensionAndOtherPostretirementObligations
L29Liabilities Subject to Compromise, Other LiabilitiesCreditInstantLiabilitiesSubjectToCompromiseOtherLiabilities
Figure 1.2 (continued)
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The XBRL report views created using the modeling structure are provided here:
Standard LabelPreferred Label
Date context20x1-12-3120x1-01-01 to 20x1-12-31
Consolidated Entities [Axis]Reorganization, Chapter 11, Debtor-in-Possession [Member]Report-Wide Value
A1M1
Related and Nonrelated Parties [Axis]Nonrelated Party [Member]Related Party [Member]
A2M2M3
L1Reorganization, Chapter 11, Debtor-in-Possession, All Entities [true false]The condensed combined financial statements for debtor-in-possession in Chapter 11 reorganization exclude the financial statements of the consolidated subsidiary Zfalse
L2Cash and Cash Equivalents, at Carrying ValueCash and cash equivalent240000
L3Accounts Receivable, Allowance for Credit Loss, CurrentAccounts receivable, allowance for credit loss3000010000
L4Accounts Receivable, after Allowance for Credit Loss, CurrentAccounts receivable, net of allowance for credit loss21000050000
XL5Accounts Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration]
Accounts receivable, net of allowance for credit loss subsidiary not in Chapter 11
http://www.abc.com/20X11231#SubsidiaryNotInChapter11Member
L6Inventory, NetInventories150000
L7Assets, Currentcurrent assets650000
L8Equity Method InvestmentsInvestment in subsidiary not in Chapter 11235000
L9Accumulated Depreciation, Depletion and Amortization, Property, Plant, and EquipmentProperty, plant and equipment, depreciation50000
L10Property, Plant and Equipment, NetProperty, plant and equipment, net of depreciation275000
L11GoodwillGoodwill200000
L12Assets, Noncurrentnoncurrent assets710000
Figure 1a.3 (continues)
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Standard LabelPreferred Label
Date context20x1-12-3120x1-01-01 to 20x1-12-31
Consolidated Entities [Axis]Reorganization, Chapter 11, Debtor-in-Possession [Member]Report-Wide Value
A1M1
Related and Nonrelated Parties [Axis]Nonrelated Party [Member]Related Party [Member]
A2M2M3
L13Assetsassets1360000
L14Short-Term DebtShort-term borrowings175000
L15Accounts Payable, CurrentAccounts payable15000050000
XL16Accounts Payable, Related Party [Extensible Enumeration]
Accounts payable to subsidiary not in Chapter 11
http://www.abc.com/20X11231#SubsidiaryNotInChapter11Member
L17Liabilities, Currentcurrent liabilities375000
L18Liabilities Subject to CompromiseLiabilities subject to compromise1050000
L19Liabilitiesliabilities1425000
L20Preferred Stock, Value, IssuedPreferred stock325000
L21Common Stock, Value, IssuedCommon stock75000
L22Retained Earnings (Accumulated Deficit) Retained earnings (deficit)-500000
L23Equity, Attributable to ParentABC shareholders' equity (deficit)-100000
L24Equity, Attributable to Noncontrolling InterestNoncontrolling interest35000
L25Liabilities and Equityliabilities and shareholders' (deficit)1360000
Figure 1a.3 (continued)
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Standard LabelPreferred Label
Date context20x1-12-31
Consolidated Entities [Axis]Reorganization, Chapter 11, Debtor-in-Possession [Member]
A1M1
L26Liabilities Subject to Compromise, Debt and Accrued InterestDebt and accrued interest800000
L27Liabilities Subject to Compromise, Accounts Payable and Accrued LiabilitiesAccounts payable and accrued liabilities150000
L28Liability Subject to Compromise, Pension and Other Postretirement Benefit Plan, Benefit ObligationPension and postretirement liabilities60000
L29Liabilities Subject to Compromise, Other LiabilitiesOther liabilities40000
L18Liabilities Subject to Compromiseliabilities subject to compromise1050000
Figure 1b.3
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Notes:
“Consolidated Entities [Axis]” (A1), “Reorganization, Chapter 11, Debtor-in-Possession [Member]” (M1) and the applicable line items are intended to be used to tag the fact values of the condensed combined statement of financial position of the one or more, but not all, consolidated debtors operating under a Chapter 11 reorganization. This dimension would no longer be needed if all consolidated debtors are operating under the Chapter 11 reorganization. “Reorganization, Chapter 11, Debtor-in-Possession, All Entities [true false]” (L1) would be used to indicate if all consolidated entities are operating under a Chapter 11 reorganization.
The $1,050 thousand is a total of liabilities subject to compromise for the debtors operating under a Chapter 11 reorganization and is tagged with “Consolidated Entities [Axis]” (A1) and “Reorganization, Chapter 11, Debtor-in-Possession [Member]” (M1). It is also the total as the report-wide value for the reporting entity that is not presented in Example 1. This dimension is not needed for the report-wide value presented in the consolidated statement of financial position.











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Example 2—Disclosure of Condensed Combined Statement of Operations—Operating Under Chapter 11 Reorganization
This Example illustrates the modeling for the condensed combined statement of operations of one or more, but not all, consolidated entities in Chapter 11 reorganization proceedings. The condensed combined statement of operations excludes intercompany transactions among the entities operating in reorganization proceedings (debtor-in-possession) but includes transactions between the debtor-in-possession and the subsidiary not in reorganization proceedings. Incremental income and costs incurred directly as a result of the Chapter 11 reorganization filing are classified as “reorganization items, net” in the condensed combined statement of operations and the consolidated statements of operations.

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ABC Company
(Debtor-in-Possession)
Condensed Combined Statement of Operations
For the year ended December 31, 20x1
(in thousands except per share amount)
A1:M1
RevenueL30, A2:M2$1,400 
Revenue from subsidiary not in Chapter 11 XL31, A1:M1, A2:M3
L30, A2:M350 
Total revenueL301,450 
Cost of revenueL32, A2:M2(810)
Cost of revenue for subsidiary not in Chapter 11 XL33, A1:M1, A2:M3
L32, A2:M3(40)
Total cost of revenueL32(850)
Gross profitL34600 
Selling and administrativeL35(500)
Operating income (loss)L36100 
Interest expense (contractual interest expense $5 L37, A1:M1)
L38(3)
Reorganization items, netL39(299)
Equity in earnings from subsidiary not in Chapter 11L4050 
Loss from continuing operations before income taxL41(152)
Income tax benefitL4210 
Net lossL43(142)
Net loss attributable to noncontrolling interestL44(22)
Net loss attributable to ABCL45$(120)
Earnings per common share:
Basic loss per shareL46$(1.16)
Diluted loss per shareL47$(1.16)
Figure 2a.1






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The following table summarizes the total organization items presented in condensed combined statement of operations:
(in thousands)
A1:M1
Interest earned on accumulated cash resulting from Chapter 11 proceedingL48$100 
Legal and professional advisory feesL49(300)
Write-off of debt issuance costs and discount on debt subject to compromiseL50(65)
Other reorganization expensesL51(34)
Total reorganization items, netL39$(299)
Figure 2b.1
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The legend for the elements used to tag these facts follows:
Standard Label Balance TypePeriod TypeElement Name
A1Consolidated Entities [Axis]DurationConsolidatedEntitiesAxis
Consolidated Entities [Domain]DurationConsolidatedEntitiesDomain
M1Reorganization, Chapter 11, Debtor-in-Possession [Member]DurationReorganizationChapter11DebtorInPossessionMember
A2Related and Nonrelated Parties [Axis]DurationRelatedPartyTransactionsByRelatedPartyAxis
Related and Nonrelated Parties [Domain]DurationRelatedPartyDomain
M2Nonrelated Party [Member]DurationNonrelatedPartyMember
M3Related Party [Member]DurationRelatedPartyMember
L30RevenuesCreditDurationRevenues
XL31Revenue, Related Party [Extensible Enumeration]DurationRevenueRelatedPartyTypeExtensibleEnumeration
L32Cost of RevenueDebitDurationCostOfRevenue
XL33Cost of Revenue, Related Party [Extensible Enumeration]DurationCostOfRevenueRelatedPartyTypeExtensibleEnumeration
L34Gross ProfitCreditDurationGrossProfit
L35Selling, General and Administrative ExpenseDebitDurationSellingGeneralAndAdministrativeExpense
L36Operating Income (Loss)CreditDurationOperatingIncomeLoss
L37Contractual Interest Expense on Prepetition Liabilities Not Recognized in Statement of OperationsDebitDurationContractualInterestExpenseOnPrepetitionLiabilitiesNotRecognizedInStatementOfOperations
L38Interest Expense, Operating and NonoperatingDebitDurationInterestExpense
L39Reorganization ItemsDebitDurationReorganizationItems
L40Income (Loss) from Equity Method InvestmentsCreditDurationIncomeLossFromEquityMethodInvestments
L41Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestCreditDurationIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
L42Income Tax Expense (Benefit)DebitDurationIncomeTaxExpenseBenefit
L43Net Income (Loss), Including Portion Attributable to Noncontrolling InterestCreditDurationProfitLoss
Figure 2.2 (continues)
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Standard Label Balance TypePeriod TypeElement Name
L44Net Income (Loss) Attributable to Noncontrolling InterestDebit DurationNetIncomeLossAttributableToNoncontrollingInterest
L45Net Income (Loss) Attributable to ParentCreditDurationNetIncomeLoss
L46Earnings Per Share, BasicDurationEarningsPerShareBasic
L47Earnings Per Share, DilutedDurationEarningsPerShareDiluted
L48Debtor Reorganization Items, Interest Income on Accumulated CashCreditDurationDebtorReorganizationItemsInterestIncomeOnAccumulatedCash1
L49Debtor Reorganization Items, Legal and Advisory Professional FeesDebitDurationDebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
L50Debtor Reorganization Items, Debt Issuance Cost and Debt Discount, WriteoffDebitDurationDebtorReorganizationItemsWriteOffOfDeferredFinancingCostsAndDebtDiscounts
L51Debtor Reorganization Items, Other Expense (Income)DebitDurationDebtorReorganizationItemsOtherExpenseIncome
Figure 2.2 (continued)
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The XBRL report views created using the modeling structure are provided here:
Standard LabelPreferred Label
Date context20x1-01-01 to 20x1-12-31
Consolidated Entities [Axis]Reorganization, Chapter 11, Debtor-in-Possession [Member]
A1M1
Related and Nonrelated Parties [Axis]Nonrelated Party [Member]Related Party [Member]
A2M2M3
L30RevenuesRevenue1450000140000050000
XL31Revenue, Related Party [Extensible Enumeration]
Revenue from subsidiary not in Chapter 11
http://www.abc.com/20X11231#SubsidiaryNotInChapter11Member
L32Cost of RevenueCost of revenue85000081000040000
XL33Cost of Revenue, Related Party [Extensible Enumeration]
Cost of revenue for subsidiary not in Chapter 11
http://www.abc.com/20X11231#SubsidiaryNotInChapter11Member
L34Gross ProfitGross profit600000
L35Selling, General and Administrative ExpenseSelling and administrative500000
L36Operating Income (Loss)Operating income (loss)100000
L37Contractual Interest Expense on Prepetition Liabilities Not Recognized in Statement of Operationscontractual interest expense5000
L38Interest Expense, Operating and NonoperatingInterest expense3000
L39Reorganization ItemsReorganization items, net299000
L40Income (Loss) from Equity Method InvestmentsEquity in earnings from subsidiary not in Chapter 1150000
L41Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestLoss from continuing operations before income tax-152000
L42Income Tax Expense (Benefit)Income tax benefit-10000
L43Net Income (Loss), Including Portion Attributable to Noncontrolling InterestNet loss-142000
Figure 2a.3 (continues)
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Standard LabelPreferred Label
Date context20x1-01-01 to 20x1-12-31
Consolidated Entities [Axis]Reorganization, Chapter 11, Debtor-in-Possession [Member]
A1M1
Related and Nonrelated Parties [Axis]Nonrelated Party [Member]Related Party [Member]
A2M2M3
L44Net Income (Loss) Attributable to Noncontrolling InterestNet loss attributable to noncontrolling interest-22000
L45Net Income (Loss) Attributable to ParentNet loss attributable to ABC-120000
L46Earnings Per Share, BasicBasic loss per share-1.16
L47Earnings Per Share, DilutedDiluted loss per share-1.16
Figure 2a.3 (continued)

Standard LabelPreferred Label
Date context20x1-01-01 to 20x1-12-31
Consolidated Entities [Axis]Reorganization, Chapter 11, Debtor-in-Possession [Member]
A1M1
L48Debtor Reorganization Items, Interest Income on Accumulated CashInterest earned on accumulated cash resulting from Chapter 11 proceeding100000
L49Debtor Reorganization Items, Legal and Advisory Professional FeesLegal and professional advisory fees300000
L50Debtor Reorganization Items, Debt Issuance Cost and Debt Discount, WriteoffWrite-off of debt issuance costs and discount on debt subject to compromise65000
L51Debtor Reorganization Items, Other Expense (Income)Other reorganization expenses34000
L39Reorganization ItemsReorganization items, net299000
Figure 2b.3
21


Notes:
“Consolidated Entities [Axis]” (A1), “Reorganization, Chapter 11, Debtor-in-Possession [Member]” (M1) and the applicable line items are intended to be used to tag the fact values of the condensed combined statement of income of one or more, but not all, consolidated debtors operating under a Chapter 11 reorganization. This dimension would no longer be needed if all consolidated entities are operating under the Chapter 11 reorganization. “Reorganization, Chapter 11, Debtor-in-Possession, All Entities [true false]” (L1) would be used to indicate if all consolidated entities are operating under a Chapter 11 reorganization as noted in Example 1.
The $299 thousand is a total of the net reorganization items for the debtors operating under a Chapter 11 reorganization and is tagged with “Consolidated Entities [Axis]” (A1) and “Reorganization, Chapter 11, Debtor-in-Possession [Member]” (M1). It is also the total as the report-wide value for the reporting entity that is not presented in Example 2. This dimension is not needed for the report-wide value presented in the consolidated statement of operations.











22


Example 3—Disclosure of Condensed Combined Statement of Cash Flows—Operating Under Chapter 11 Reorganization
This Example illustrates the modeling for the condensed combined statement of cash flows of one or more, but not all, consolidated entities in Chapter 11 reorganization proceedings, including the details of noncash and cash reorganization items disclosed in the notes to the financial statements.
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ABC Company
(Debtor-in-Possession)
Condensed Combined Statement of Cash Flows
For the year ended December 31, 20x1
(in thousands)
Cash flows from operating activities:A1:M1
Net lossL43$(142)
Adjustments to reconcile net loss to net cash provided by operating activities
Depreciation, depletion, and amortizationL5240 
Noncash reorganization itemExL5399 
Equity in earnings from subsidiary not in Chapter 11L40(50)
Increase in accounts receivableL54, A2:M2(65)
Increase in accounts receivable from subsidiary not in Chapter 11L54, A2:M3(50)
Total increase in accounts receivableL54(115)
Increase in accounts payableL55, A2:M2235 
Increase in accounts payable due to subsidiary not in Chapter 11L55, A2:M350 
Total increase in accounts payableL55285 
Net cash provided by operating activitiesL56117 
Cash flows from investing activities:
Payment to purchase property and equipmentL57(69)
Proceed from sale of fixed assetsExL5820 
Proceed from sale of facility due to Chapter 11 proceedingExL5965 
Net cash provided by investing activitiesL6016 
Cash flows from financing activities:
Proceed from short-term borrowingL6130 
Repayment of short-term debtL62(60)
Net cash used by financing activitiesL63(30)
Net increase in cash, cash equivalents and restricted cashL64103 
Cash, cash equivalents, and restricted cash at the beginning of yearL65137 
Cash, cash equivalents, and restricted cash at the end of yearL65$240 
Figure 3a.1


24


The following table summarizes the details of the non-cash reorganization items for the year end of December 31, 20x1:
(in thousands)
A1:M1
Write-off of debt issuance costs and discount on debt subject to compromiseL50$(65)
Noncash other reorganization expensesExL66(34)
Noncash reorganization itemExL53$(99)
Figure 3b.1
The following table summarizes the details of operating cash receipts and payments resulting from the reorganization for the year end of December 31, 20x1:
(in thousands)
A1:M1
Interest received on cash accumulated due to Chapter 11 proceedingExL67$100 
Professional fee paid for services rendered for Chapter 11 proceedingExL68(300)
Cash reorganization items, netExL69$(200)
Figure 3c.1
25


The legend for the elements used to tag these facts follows:
Standard Label Balance TypePeriod TypeElement Name
A1Consolidated Entities [Axis]DurationConsolidatedEntitiesAxis
Consolidated Entities [Domain]DurationConsolidatedEntitiesDomain
M1Reorganization, Chapter 11, Debtor-in-Possession [Member]DurationReorganizationChapter11DebtorInPossessionMember
A2Related and Nonrelated Parties [Axis]DurationRelatedPartyTransactionsByRelatedPartyAxis
Related and Nonrelated Parties [Domain]DurationRelatedPartyDomain
M2Nonrelated Party [Member]DurationNonrelatedPartyMember
M3Related Party [Member]DurationRelatedPartyMember
L40Income (Loss) from Equity Method InvestmentsCreditDurationIncomeLossFromEquityMethodInvestments
L43Net Income (Loss), Including Portion Attributable to Noncontrolling InterestCreditDurationProfitLoss
L50Debtor Reorganization Items, Debt Issuance Cost and Debt Discount, WriteoffDebitDurationDebtorReorganizationItemsWriteOffOfDeferredFinancingCostsAndDebtDiscounts
L52Depreciation, Depletion and AmortizationDebitDurationDepreciationDepletionAndAmortization
ExL53Reorganization Item, Noncash TransactionDebitDurationReorganizationItemNonCashTransaction
L54Increase (Decrease) in Accounts ReceivableCreditDurationIncreaseDecreaseInAccountsReceivable
L55Increase (Decrease) in Accounts PayableDebitDurationIncreaseDecreaseInAccountsPayable
L56Net Cash Provided by (Used in) Operating ActivitiesDurationNetCashProvidedByUsedInOperatingActivities
L57Payments to Acquire Property, Plant, and EquipmentCreditDurationPaymentsToAcquirePropertyPlantAndEquipment
ExL58Proceeds from Sale of Property, Plant, and Equipment, Excluding Sale Due to Chapter 11DebitDurationProceedsFromSaleOfPropertyPlantAndEquipmentExcludingSaleDueToChapter11
ExL59Proceeds from Sale of Facility Due to Chapter 11 ProceedingDebitDurationProceedsFromSaleOfFacilityDueToChapter11Proceeding
L60Net Cash Provided by (Used in) Investing ActivitiesDebitDurationNetCashProvidedByUsedInInvestingActivities
L61Proceeds from Short-Term DebtDebitDurationProceedsFromShortTermDebt
L62Repayments of Short-Term DebtCreditDurationRepaymentsOfShortTermDebt
L63Net Cash Provided by (Used in) Financing ActivitiesDebitDurationNetCashProvidedByUsedInFinancingActivities
L64Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectDebitDurationCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect



Figure 3.2 (continues)
26


Standard Label Balance TypePeriod TypeElement Name
L65Cash, Cash Equivalents, Restricted Cash, and Restricted Cash EquivalentsDebitInstantCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
ExL66Debtor Reorganization Items, Noncash Other Expense (Income)DebitDurationDebtorReorganizationItemsNoncashOtherExpenseIncome
ExL67Debtor Reorganization Items, Proceeds from Interest Income on Accumulated CashDebitDurationDebtorReorganizationItemsProceedsFromInterestIncomeOnAccumulatedCash
ExL68Debtor Reorganization Items, Payments for Legal and Advisory Professional FeesCreditDurationDebtorReorganizationItemsPaymentsForLegalAndAdvisoryProfessionalFees
ExL69Reorganization Item, Cash TransactionDebitDurationReorganizationItemCashTransaction
Figure 3.2 (continued)
27


The XBRL report views created using the modeling structure are provided here:
Standard LabelPreferred Label
Date context20x1-01-01 to 20x1-12-3120x1-12-3120x0-12-31
Consolidated Entities [Axis]Reorganization, Chapter 11, Debtor-in-Possession [Member]Report-Wide ValueReport-Wide Value
A1M1
Related and Nonrelated Parties [Axis]Nonrelated Party [Member]Related Party [Member]
A2M2M3
L43Net Income (Loss), Including Portion Attributable to Noncontrolling InterestNet loss-142000
L52Depreciation, Depletion and AmortizationDepreciation, depletion, and amortization40000
ExL53Reorganization Item, Noncash TransactionNoncash reorganization item99000
L40Income (Loss) from Equity Method InvestmentsEquity in earnings from subsidiary not in Chapter 1150000
L54Increase (Decrease) in Accounts ReceivableIncrease in accounts receivable1150006500050000
L55Increase (Decrease) in Accounts PayableIncrease in accounts payable28500023500050000
L56Net Cash Provided by (Used in) Operating ActivitiesNet cash provided by operating activities117000
L57Payments to Acquire Property, Plant, and EquipmentPayment to purchase property and equipment69000
ExL58Proceeds from Sale of Property, Plant, and Equipment, Excluding Sale Due to Chapter 11Proceed from sale of fixed assets20000
ExL59Proceeds from Sale of Facility Due to Chapter 11 ProceedingProceed from sale of facility due to Chapter 11 proceeding65000
L60Net Cash Provided by (Used in) Investing ActivitiesNet cash provided by investing activities16000
L61Proceeds from Short-Term DebtProceed from short-term borrowing30000
L62Repayments of Short-Term DebtRepayment of short-term debt60000
L63Net Cash Provided by (Used in) Financing ActivitiesNet cash used by financing activities-30000
L64Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectNet increase in cash, cash equivalents and restricted cash103000
L65Cash, Cash Equivalents, Restricted Cash, and Restricted Cash EquivalentsCash, cash equivalents, and restricted cash at the beginning of year137000
L65Cash, Cash Equivalents, Restricted Cash, and Restricted Cash EquivalentsCash, cash equivalents, and restricted cash at the end of year240000
Figure 3a.3
28


Standard LabelPreferred Label
Date context20x1-01-01 to 20x1-12-31
Consolidated Entities [Axis]Reorganization, Chapter 11, Debtor-in-Possession [Member]
A1M1
L50Debtor Reorganization Items, Debt Issuance Cost and Debt Discount, WriteoffWrite-off of debt issuance costs and discount on debt subject to compromise65000
ExL66Debtor Reorganization Items, Noncash Other Expense (Income)Noncash other reorganization expenses34000
ExL53Reorganization Item, Noncash TransactionNoncash reorganization item99000
Figure 3b.3
Standard LabelPreferred Label
Date context20x1-01-01 to 20x1-12-31
Consolidated Entities [Axis]Reorganization, Chapter 11, Debtor-in-Possession [Member]
A1M1
ExL67Debtor Reorganization Items, Proceeds from Interest Income on Accumulated CashInterest received on cash accumulated due to Chapter 11 proceeding100000
ExL68Debtor Reorganization Items, Payments for Legal and Advisory Professional FeesProfessional fee paid for services rendered for Chapter 11 proceeding300000
ExL69Reorganization Item, Cash TransactionCash reorganization items, net-200000
Figure 3c.3

29


Notes:
“Consolidated Entities [Axis]” (A1), “Reorganization, Chapter 11, Debtor-in-Possession [Member]” (M1) and the applicable line items are intended to be used to tag the fact value of the condensed combined statement of cash flows of one or more, but not all, consolidated debtors operating under a Chapter 11 reorganization. This dimension would no longer be needed if all consolidated debtors are operating under the Chapter 11 reorganization. “Reorganization, Chapter 11, Debtor-in-Possession, All Entities [true false]” (L1) would be used to indicate if all consolidated entities are operating under a Chapter 11 reorganization as noted in Example 1.
The $99 thousand is a total of the noncash reorganization items as an adjustment to net loss for the debtors operating under a Chapter 11 reorganization and is tagged with “Reorganization Item, Noncash Transaction” (ExL53), “Consolidated Entities [Axis]” (A1), “Reorganization, Chapter 11, Debtor-in-Possession [Member]” (M1). It is also the total as the report-wide value for the reporting entity that is not presented in Example 3. This dimension is not needed for the report-wide value of the total noncash reorganization value presented in the consolidated statement of cash flows.
The $200 thousand is a total of the cash reorganization items for the debtors operating under a Chapter 11 reorganization and is tagged with “Reorganization Item, Cash Transaction” (ExL69), “Consolidated Entities [Axis]” (A1), “Reorganization, Chapter 11, Debtor-in-Possession [Member]” (M1). It is also the total as the report-wide value for the reporting entity that is not presented in Example 3. This dimension is not needed for the report-wide value of total cash reorganization value if presented in the consolidated statement of cash flows.
“Net Income (Loss), Including Portion Attributable to Noncontrolling Interest” (L43) is intended to be used to tag the net income including non-controlling interest as the starting point to reconcile from net income to the operating cash flows for the period. This element is intended to be used as the starting point for net income in the indirect cash flow statement when “Net Income (Loss), Including Portion Attributable to Noncontrolling Interest” (L43) and “Net Income (Loss) Attributable to Parent” (L45) have the same value.
In the condensed combined statement of cash flows, a number of items are summed to
30


“Net Cash Provided by (Used in) Operating Activities” (L56) including “Net Income (Loss), Including Portion Attributable to Noncontrolling Interest” (L43) which is modeled as a credit concept. However, it is used in the cash flow statement as a positive value if the cash flow is positive. In order for the XBRL calculation to be correct, “Net Cash Provided by (Used in) Operating Activities” (L56) does not have a balance type. The calculation would fail if a balance type was included on the total, given that a credit item cannot be added to a debit parent in XBRL calculations.
It is important to define the correct calculation weights when reconciling net income to net cash provided (used) by operating activities. “Net Income (Loss), Including Portion Attributable to Noncontrolling Interest” (L43) is modeled as a credit item. The income should be entered as a positive amount and a loss should be entered as a negative amount for the XBRL value. This element has a positive calculation weight and a negative XBRL value of -142000 for a loss in the calculation for this example. Generally, it is an error if the descendant element of an operating cash flow element has a credit balance type and a positive effective calculation weight. However, there is an exception for the net income element as the starting point for the calculation of operating cash flow.
XBRL
calculation weight
ElementBalance typeHTML value
(in thousands)
XBRL value
+L43Net Income (Loss), Including Portion Attributable to Noncontrolling InterestCredit-142-142000
+L52Depreciation, Depletion and AmortizationDebit4040000
+ExL53Reorganization Item, Noncash TransactionDebit9999000
-L40Income (Loss) from Equity Method InvestmentsCredit-5050000
-L54Increase (Decrease) in Accounts ReceivableCredit-115115000
+L55Increase (Decrease) in Accounts PayableDebit285285000 
L56Net Cash Provided by (Used in) Operating Activities117117000
The element “Net Cash Provided by (Used in) Operating Activities” (L56) does not have a balance type but is treated as if it had a debit balance. Debit balance items rolling into it should have a positive calculation weight. In the calculation table above, “Depreciation, Depletion and Amortization” (L52) is modeled as a debit balance item with a positive weight in the calculation and the XBRL value of this element is entered as a positive amount. Credit balance items summing to it should have a negative calculation weight with an exception for L43 used as starting point to calculate the operating cash flow.
31


“Increase (Decrease) in Accounts Receivable” (L54) is modeled as a credit balance item with a negative weight in the calculation and the XBRL value of this element is entered as a positive amount for an increase.
“Income (Loss) from Equity Method Investments” (L40) is modeled as a credit item and income should be entered as a positive amount and a loss should be a negative amount in the instance document. It is a reversal to net income of the noncash amount in Figure 3a.1, as noncash income is deducted from net income, or noncash loss is added back to net income for the cash portion of net income. Thus, a negative weight is used with the positive XBRL value for the income in the calculation. If a positive weight was used, it would incorrectly add the value to “Net Income (Loss), Including Portion Attributable to Noncontrolling Interest” (L43) when it should be subtracted.













32


Example 4—Disclosure of Reorganization Value
The following two examples illustrate the modeling for the disclosure of the reorganization value.
The Bankruptcy Court confirmed ABC’s plan of reorganization as of June 1, 20x1. It was determined that ABC’s reorganization value computed immediately before June 1, 20x1, the date of plan confirmation, consisted of the following:
ABC Company
(in thousands)
June 1, 20x1
Present value of discounted cash flows of emerging entityL70$1,075 
Plus: cash in excess of normal operationL71150 
Plus: net realizable value of asset dispositionL7275 
Reorganization value of successor assetsL73$1,300 
Figure 4a.1











33


The DEF Company’s reorganization value was derived from the estimated enterprise value. The DEF Company’s enterprise value represents the estimated fair value of its interest-bearing long-term debt and stockholders’ equity. The DEF Company estimated the enterprise value of the Successor was $775 thousand[1] at the Effective Date, which was in the Bankruptcy Court approved range of $720 thousand[2] and $830 thousand[3]. The enterprise value was derived from an independent valuation with the assistance of a third-party valuation advisor.

The following table reconciles the DEF Company’s enterprise value to the reorganization value as of the Effective Date:
DEF Company
(in thousands)
April 6, 20x1
Estimated enterprise valueExL74$775 
Plus: cash and cash equivalentL2150 
Plus: current liabilities excluding short-term borrowing and current portion of long-term debtExL75250 
Plus: noncurrent liabilities excluding interest-bearing long-term debtExL76200 
Reorganization value of successor assetsL73$1,375 
_____________________________
Legend:
This legend, which is not part of the disclosure, is provided to illustrate the elements associated with values reported.
[1] ExL74
[2] ExL74, A3:M4
[3] ExL74, A3:M5

Figure 4b.1
34


The legend for the elements used to tag these facts follows:
Standard Label Balance TypePeriod TypeElement Name
A3Statistical Measurement [Axis]DurationRangeAxis
Statistical Measurement [Domain]DurationRangeMember
M4Minimum [Member]DurationMinimumMember
M5Maximum [Member]DurationMaximumMember
L2Cash and Cash Equivalents, at Carrying ValueDebitInstantCashAndCashEquivalentsAtCarryingValue
L70Reorganization Value, Present Value of Discounted Cash Flows of Emerging EntityDebitInstantReorganizationValuePresentValueOfDiscountedCashFlowsOfEmergingEntity
L71Reorganization Value, Cash in Excess of Normal Operating NeedsDebitInstantReorganizationValueCashInExcessOfNormalOperatingNeeds
L72Reorganization Value, Net Realizable Value of Asset DispositionsDebitInstantReorganizationValueNetRealizableValueOfAssetDispositions
L73Reorganization ValueDebitInstantReorganizationValue
ExL74Enterprise ValueDebitInstantEnterpriseValue
ExL75Adjustment for Liability Excluding Current Portion of Long-Term Debt and Short-Term Borrowing, CurrentDebitInstantAdjustmentForLiabilityExcludingCurrentPortionOfLongTermDebtAndShortTermBorrowingCurrent
ExL76Adjustment for Liability Excluding Interest-Bearing Long-Term Debt, NoncurrentDebitInstantAdjustmentForLiabilityExcludingInterestBearingLongTermDebtNoncurrent
Figure 4.2


35


The XBRL report views created using the modeling structure are provided here:
Standard LabelPreferred Label
Date context20x1-06-01
L70Reorganization Value, Present Value of Discounted Cash Flows of Emerging EntityPresent value of discounted cash flows of emerging entity1075000
L71Reorganization Value, Cash in Excess of Normal Operating Needscash in excess of normal operation150000
L72Reorganization Value, Net Realizable Value of Asset Dispositionsnet realizable value of asset disposition75000
L73Reorganization ValueReorganization value of successor assets1300000
Figure 4a.3

Standard LabelPreferred Label
Date context20x1-04-06
Statistical Measurement [Axis]Minimum [Member]Maximum [Member]Report-Wide Value
A3M4M5
ExL74Enterprise ValueEstimated enterprise value720000830000775000
L2Cash and Cash Equivalents, at Carrying Valuecash and cash equivalent150000
ExL75Adjustment for Liability Excluding Current Portion of Long-Term Debt and Short-Term Borrowing, Currentcurrent liabilities excluding short-term borrowing and current portion of long-term debt250000
ExL76Adjustment for Liability Excluding Interest-Bearing Long-Term Debt, Noncurrentnoncurrent liabilities excluding interest-bearing long-term debt200000
L73Reorganization ValueReorganization value of successor assets1375000
Figure 4b.3
36


Notes:
“Enterprise Value” (ExL74), “Statistical Measurement [Axis]” (A3) and the applicable members are intended to be used to tag the range of the estimated enterprise value as the basis to derive the reorganization value of the successor. “Minimum [Member]” (M4) is used to tag the minimum value and “Maximum [Member]” (M5) is used to tag the maximum value.
The HTML values for “Adjustment for Liability Excluding Current Portion of Long-Term Debt and Short-Term Borrowing, Current” (ExL75) and “Adjustment for Liability Excluding Interest-Bearing Long-Term Debt, Noncurrent” (ExL76) are modeled as a debit balance type as the adjustments for the liabilities to be added to sum to “Reorganization Value” (L73) in Figure 4b.1, which has a debit balance type. In XBRL calculation, the descendant elements ExL74, L2, ExL75 and ExL76 with a debit balance type have a positive calculation weight.
XBRL calculation weightElementBalance typeHTML value
(in thousands)
XBRL value
+ExL74Enterprise ValueDebit775 775000
+L2Cash and Cash Equivalents, at Carrying ValueDebit150 150000
+ExL75Adjustment for Liability Excluding Current Portion of Long-Term Debt and Short-Term Borrowing, CurrentDebit250 250000
+ExL76Adjustment for Liability Excluding Interest-Bearing Long-Term Debt, NoncurrentDebit200 200000
L73Reorganization ValueDebit1,375 1375000







37


Example 5—Disclosure of Condensed Consolidated Statement of Financial Position upon Emergence from Chapter 11 Reorganization and Adoption of Fresh-Start Accounting
This Example illustrates the modeling for the disclosure of the condensed consolidated statement of financial position of a qualifying entity emerging from a Chapter 11 reorganization and adopting fresh-start accounting. The adjustments reflect the effect of reorganization plan and adjustments as a result of the adoption of fresh-start accounting.
38


ABC Company's Consolidated Statement of Financial Position as of October 1, 20x1
PredecessorDebt dischargeExchange of stockFresh-start adjustmentSuccessor
(in thousands)A4:M6A4:M7A4:M8A4:M9
Cash and cash equivalentL2$335 $(150)$185 
Accounts receivable, net of allowance for credit lossL4350 350 
InventoriesL6175 $50 225 
Total current assetsL7860 (150)50 760 
Property, plant and equipment, net of depreciationL10175 175 350 
GoodwillL11200 (25)175 
Total noncurrent assetsL12375 150 525 
Total assetsL13$1,235 $(150)$200 $1,285 
Short-term borrowingsL14$175 $175 
Accounts payableL15275 275 
Total current liabilitiesL17450 450 
Liabilities subject to compromiseL181,050 $(1,050)
Senior debt, noncurrentL77275 275 
Subordinated debt, noncurrentL78175 175 
Total long-term debtL79450 450 
Total liabilitiesL191,500 (600)900 
Preferred stockL20325 $(325)
Common stockL2175 86 (61)100 
Additional paid-in capitalL80215 386 $(351)250 
Retained earnings (deficit)L22(700)149 551 
Total ABC shareholders' equity (deficit)L23(300)450  200 350 
Noncontrolling interestL2435 35 
Total liabilities and shareholders' (deficit)L25$1,235 $(150)$ $200 $1,285 
Figure 5.1
39


The legend for the elements used to tag these facts follows:
Standard Label Balance TypePeriod TypeElement Name
A4Reorganization, Chapter 11 [Axis]DurationFreshStartAdjustmentsTypeOfFreshStartAdjustmentAxis
Reorganization, Chapter 11 [Domain]DurationTypeOfFreshStartAdjustmentDomain
M6Reorganization, Chapter 11, Predecessor, before Adjustment [Member]DurationReorganizationChapter11PredecessorBeforeAdjustmentMember
M7Reorganization, Chapter 11, Discharge of Debt Adjustment [Member]DurationDischargeOfDebtMember
M8Reorganization, Chapter 11, Exchange of Stock Adjustment [Member]DurationExchangeOfStockForStockMember
M9Reorganization, Chapter 11, Fresh-Start Adjustment [Member]DurationReorganizationChapter11FreshStartAdjustmentMember
L2Cash and Cash Equivalents, at Carrying ValueDebitInstantCashAndCashEquivalentsAtCarryingValue
L4Accounts Receivable, after Allowance for Credit Loss, CurrentDebitInstantAccountsReceivableNetCurrent
L6Inventory, NetDebitInstantInventoryNet
L7Assets, CurrentDebitInstantAssetsCurrent
L10Property, Plant and Equipment, NetDebitInstantPropertyPlantAndEquipmentNet
L11GoodwillDebitInstantGoodwill
L12Assets, NoncurrentDebitInstantAssetsNoncurrent
L13AssetsDebitInstantAssets
L14Short-Term DebtCreditInstantShortTermBorrowings
L15Accounts Payable, CurrentCreditInstantAccountsPayableCurrent
L17Liabilities, CurrentCreditInstantLiabilitiesCurrent
L18Liabilities Subject to CompromiseCreditInstantLiabilitiesSubjectToCompromise
L19LiabilitiesCreditInstantLiabilities
L20Preferred Stock, Value, IssuedCreditInstantPreferredStockValue
L21Common Stock, Value, IssuedCreditInstantCommonStockValue
L22Retained Earnings (Accumulated Deficit) CreditInstantRetainedEarningsAccumulatedDeficit
L23Equity, Attributable to ParentCreditInstantStockholdersEquity
L24Equity, Attributable to Noncontrolling InterestCreditInstantMinorityInterest
Figure 5.2 (continues)
40


Standard Label Balance TypePeriod TypeElement Name
L25Liabilities and EquityCreditInstantLiabilitiesAndStockholdersEquity
L77Senior Notes, NoncurrentCreditInstantSeniorLongTermNotes
L78Subordinated Long-Term Debt, NoncurrentCreditInstantSubordinatedLongTermDebt
L79Long-Term Debt, Excluding Current MaturitiesCreditInstantLongTermDebtNoncurrent
L80Additional Paid in CapitalCreditInstantAdditionalPaidInCapital
Figure 5.2 (continued)


41


The XBRL report view created using the modeling structure is provided here:
Standard LabelPreferred Label
Date context20x1-10-01
Reorganization, Chapter 11 [Axis]Reorganization, Chapter 11, Predecessor, before Adjustment [Member]Reorganization, Chapter 11, Discharge of Debt Adjustment [Member]Reorganization, Chapter 11, Exchange of Stock Adjustment [Member]Reorganization, Chapter 11, Fresh-Start Adjustment [Member]Report-Wide Value
A4M6M7M8M9
L2Cash and Cash Equivalents, at Carrying ValueCash and cash equivalent335000-150000185000
L4Accounts Receivable, after Allowance for Credit Loss, CurrentAccounts receivable, net of allowance for credit loss350000350000
L6Inventory, NetInventories17500050000225000
L7Assets, Currentcurrent assets860000-15000050000760000
L10Property, Plant and Equipment, NetProperty, plant and equipment, net of depreciation175000175000350000
L11GoodwillGoodwill200000-25000175000
L12Assets, Noncurrentnoncurrent assets375000150000525000
L13Assetsassets1235000-1500002000001285000
L14Short-Term DebtShort-term borrowings175000175000
L15Accounts Payable, CurrentAccounts payable275000275000
L17Liabilities, Currentcurrent liabilities450000450000
L18Liabilities Subject to CompromiseLiabilities subject to compromise1050000-1050000
L77Senior Notes, NoncurrentSenior debt, noncurrent275000275000
L78Subordinated Long-Term Debt, NoncurrentSubordinated debt, noncurrent175000175000
L79Long-Term Debt, Excluding Current Maturitieslong-term debt450000450000
L19Liabilitiesliabilities1500000-600000900000
L20Preferred Stock, Value, IssuedPreferred stock325000-325000
L21Common Stock, Value, IssuedCommon stock7500086000-61000100000
L80Additional Paid in CapitalAdditional paid-in capital215000386000-351000250000
L22Retained Earnings (Accumulated Deficit) Retained earnings (deficit)-700000149000551000
L23Equity, Attributable to ParentABC shareholders' equity (deficit)-3000004500000200000350000
L24Equity, Attributable to Noncontrolling InterestNoncontrolling interest3500035000
L25Liabilities and Equityliabilities and shareholders' (deficit)1235000-15000002000001285000
Figure 5.3
42


Notes:
“Reorganization, Chapter 11 [Axis]” (A4), “Reorganization, Chapter 11, Predecessor, before Adjustment [Member]” (M6) and the applicable line items are intended to be used to tag the fact values before the effect of the plan of reorganization and fresh-start adjustments as the predecessor.
“Reorganization, Chapter 11 [Axis]” (A4) and the applicable line items are intended to be used to tag the fact values of adjustments resulting from the effect of the reorganization plan, including the discharge of debt adjustment tagged with “Reorganization, Chapter 11, Discharge of Debt Adjustment [Member]” (M7) and stock exchange adjustment tagged with “Reorganization, Chapter 11, Exchange of Stock Adjustment [Member]” (M8).
“Reorganization, Chapter 11 [Axis]” (A4), “Reorganization, Chapter 11, Fresh-Start Adjustment [Member]” (M9) and the applicable line items are intended to be used to tag the fact values of the adjustments as a result of the adoption of fresh-start accounting.
The date contexts used for tagging in Figure 5.3 is 20x1-10-01 even though the dates for emerging entity are the beginning of October 2, 20x1 from an accounting perspective.










43


Example 6—Consolidated Statement of Financial Position After Emergence from Chapter 11 Reorganization and Adoption of Fresh-start Accounting
This Example illustrates the modeling for the consolidated statement of financial position after emergence from Chapter 11 reorganization and adoption of fresh-start accounting.
The ABC Company applied the effects of the reorganization plan and adopted fresh-start accounting on October 1, 20x1 in Figure 5.1. The consolidated statement of financial position in Figure 6.1 only presents the values of the successor entity at the end of December 31, 20x1 for illustrative purpose.
ABC Company
Consolidated Statement of Financial Position as of December 31, 20x1
(in thousands)
L81Successor
Cash and cash equivalentL2$265 
Accounts receivable, net of allowance for credit lossL4320 
InventoriesL6245 
Total current assetsL7830 
Property, plant and equipment, net of depreciationL10350 
GoodwillL11175 
Total noncurrent assetsL12525 
Total assetsL13$1,355 
Short-term borrowingsL14$175 
Accounts payableL15295 
Total current liabilitiesL17470 
Senior debt, noncurrentL77275 
Subordinated debt, noncurrentL78175 
Total long-term debtL79450 
Total liabilitiesL19920 
Common stockL21100 
Additional paid-in capitalL80250 
Retained earnings (deficit)L2250 
Total ABC shareholders' equity (deficit)L23400 
Noncontrolling interestL2435 
Total liabilities and shareholders' (deficit)L25$1,355 
Figure 6.1
44


The legend for the elements used to tag these facts follows:
Standard Label Balance TypePeriod TypeElement Name
L2Cash and Cash Equivalents, at Carrying ValueDebitInstantCashAndCashEquivalentsAtCarryingValue
L4Accounts Receivable, after Allowance for Credit Loss, CurrentDebitInstantAccountsReceivableNetCurrent
L6Inventory, NetDebitInstantInventoryNet
L7Assets, CurrentDebitInstantAssetsCurrent
L10Property, Plant and Equipment, NetDebitInstantPropertyPlantAndEquipmentNet
L11GoodwillDebitInstantGoodwill
L12Assets, NoncurrentDebitInstantAssetsNoncurrent
L13AssetsDebitInstantAssets
L14Short-Term DebtCreditInstantShortTermBorrowings
L15Accounts Payable, CurrentCreditInstantAccountsPayableCurrent
L17Liabilities, CurrentCreditInstantLiabilitiesCurrent
L19LiabilitiesCreditInstantLiabilities
L21Common Stock, Value, IssuedCreditInstantCommonStockValue
L22Retained Earnings (Accumulated Deficit) CreditInstantRetainedEarningsAccumulatedDeficit
L23Equity, Attributable to ParentCreditInstantStockholdersEquity
L24Equity, Attributable to Noncontrolling InterestCreditInstantMinorityInterest
L25Liabilities and EquityCreditInstantLiabilitiesAndStockholdersEquity
L77Senior Notes, NoncurrentCreditInstantSeniorLongTermNotes
L78Subordinated Long-Term Debt, NoncurrentCreditInstantSubordinatedLongTermDebt
L79Long-Term Debt, Excluding Current MaturitiesCreditInstantLongTermDebtNoncurrent
L80Additional Paid in CapitalCreditInstantAdditionalPaidInCapital
L81Financial Designation, Predecessor and Successor [Fixed List]DurationFinancialDesignationPredecessorAndSuccessorFixedList
Figure 6.2
45


The XBRL report view created using the modeling structure is provided here:
Standard LabelPreferred Label
Report-Wide Value
Date context20x1-10-02 to 20x1-12-31
L81Financial Designation, Predecessor and Successor [Fixed List]Successor
Date context20x1-12-31
L2Cash and Cash Equivalents, at Carrying ValueCash and cash equivalent265000
L4Accounts Receivable, after Allowance for Credit Loss, CurrentAccounts receivable, net of allowance for credit loss320000
L6Inventory, NetInventories245000
L7Assets, Currentcurrent assets830000
L10Property, Plant and Equipment, NetProperty, plant and equipment, net of depreciation350000
L11GoodwillGoodwill175000
L12Assets, Noncurrentnoncurrent assets525000
L13Assetsassets1355000
L14Short-Term DebtShort-term borrowings175000
L15Accounts Payable, CurrentAccounts payable295000
L17Liabilities, Currentcurrent liabilities470000
L77Senior Notes, NoncurrentSenior debt, noncurrent275000
L78Subordinated Long-Term Debt, NoncurrentSubordinated debt, noncurrent175000
L79Long-Term Debt, Excluding Current Maturitieslong-term debt450000
L19Liabilitiesliabilities920000
L21Common Stock, Value, IssuedCommon stock100000
L80Additional Paid in CapitalAdditional paid-in capital250000
L22Retained Earnings (Accumulated Deficit) Retained earnings (deficit)50000
L23Equity, Attributable to ParentABC shareholders' equity (deficit)400000
L24Equity, Attributable to Noncontrolling InterestNoncontrolling interest35000
L25Liabilities and Equityliabilities and shareholders' (deficit)1355000
Figure 6.3

46


Note:
“Financial Designation, Predecessor and Successor [Fixed List]” (L81) is intended to be used to identify the successor in the filing. Values of successor are the report-wide values for the reporting entity and would not be dimensionalized.
47


Appendix A—Changes to 2024 GAAP Taxonomy Implementation Guide (Version 2.0) from 2023 GAAP Taxonomy Implementation Guide (Version 1.0)
Example Number(s) or SectionFigure(s)Explanation2023 Reference2023 Element2023 Standard Label2024 Reference2024 Element2024 Standard Label
Example 1
Example 2
Example 3
1a.1, 1.2, 1a.3
2a.1, 2.2, 2a.3
3a.1, 3.2, 3a.3
Updated standard labelA2RelatedPartyTransactionsByRelatedPartyAxisRelated Party, Type [Axis]A2RelatedPartyTransactionsByRelatedPartyAxisRelated and Nonrelated Parties [Axis]
Example 1
Example 2
Example 3
1.2
2.2
3.2
Updated standard labelN/ARelatedPartyDomainRelated Party, Type [Domain]N/ARelatedPartyDomainRelated and Nonrelated Parties [Domain]
Example 11a.1, 1.2, 1a.3Updated standard labelXL5AccountsReceivableAfterAllowanceForCreditLossCurrentRelatedPartyTypeExtensibleEnumerationAccounts Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]XL5AccountsReceivableAfterAllowanceForCreditLossCurrentRelatedPartyTypeExtensibleEnumerationAccounts Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration]
Example 11a.1, 1.2, 1a.3Updated standard labelXL16AccountsPayableRelatedPartyTypeExtensibleEnumerationAccounts Payable, Related Party, Type [Extensible Enumeration]XL16AccountsPayableRelatedPartyTypeExtensibleEnumerationAccounts Payable, Related Party [Extensible Enumeration]
Example 22a.1, 2.2, 2a.3Updated standard labelXL31RevenueRelatedPartyTypeExtensibleEnumerationRevenue, Related Party, Type [Extensible Enumeration]XL31RevenueRelatedPartyTypeExtensibleEnumerationRevenue, Related Party [Extensible Enumeration]
Example 22a.1, 2.2, 2a.3Updated standard labelXL33CostOfRevenueRelatedPartyTypeExtensibleEnumerationCost of Revenue, Related Party, Type [Extensible Enumeration]XL33CostOfRevenueRelatedPartyTypeExtensibleEnumerationCost of Revenue, Related Party [Extensible Enumeration]
Example 22a.1, 2.2, 2a.3Updated standard labelL38InterestExpenseInterest ExpenseL38InterestExpenseInterest Expense, Operating and Nonoperating
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