The following table summarizes Accounting Standards Updates ("ASUs") which were adopted in fiscal 2025, but did not have a material impact on our accounting policies or our consolidated financial statements and related disclosures.
| | | | | | | | | | | | | | | | ASU | | Description | | Adoption Date | | ASU 2023-07 | | Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures | | Fiscal 2025 | | ASU 2023-05 | | Business Combinations - Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement | | Fiscal 2025 | | ASU 2023-02 | | Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method | | Fiscal 2025 |
Accounting Pronouncements not yet Adopted
The following table summarizes additional accounting pronouncements which we have not yet adopted, but we believe will not have a material impact on our accounting policies or our consolidated financial statements and related disclosures.
| | | | | | | | | | | | | | | | ASU | | Description | | Adoption Date | | ASU 2024-04 | | Debt - Debt with Conversion and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments | | Fiscal 2027 | | ASU 2024-03 | | Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses | | Fiscal 2028 | | ASU 2023-09 | | Income Taxes (Topic 740): Improvements to Income Tax Disclosures | | Fiscal 2026 |
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