| Recently Issued Accounting Standards Adopted Accounting Pronouncements During the first quarter of 2026, the Company did not adopt any accounting standard updates ("ASU"). Recent Accounting Pronouncements The following table provides a brief description of ASUs not yet adopted: | | | | | | | | | | | | | | | | | | | | | | Standard | | Description | | Required Date of Adoption | | Effect on the financial statements or other significant matters | | ASU 2024-03— Disaggregation of Income Statement Expenses | | The guidance requires disaggregated disclosures of income statement expenses. | | Annual periods after December 15, 2026 | | The Company is currently evaluating the guidance and the effect on its related disclosures. | | ASU 2025-09— Derivatives and Hedging | | The guidance expands the use of hedge accounting to more closely align with the economics of an entity's risk management activities. | | Interim and annual periods after December 15, 2026 | | The Company is currently evaluating the guidance and the effect on its related disclosures. | | ASU 2025-06— Intangibles — Goodwill and other — Internal use software | | The guidance amends certain aspects of the accounting for and disclosure of software costs. | | Interim and annual periods after December 15, 2027 | | The Company is currently evaluating the guidance and the effect on its related disclosures. | | ASU 2025-11— Interim Reporting | | The guidance provides additional guidance on interim disclosure reporting requirements and creates a disclosure principle that requires entities to disclose events since the end of the last annual reporting period that have a material impact on the entity. | | Interim periods after December 15, 2027 | | The Company is currently evaluating the guidance and the effect on its related disclosures. |
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