Recently Issued Accounting Guidance |
6 Months Ended |
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Jun. 30, 2026 | |
| Recently Issued Accounting Guidance [Abstract] | |
| Accounting Standards Update and Change in Accounting Principle [Text Block] | Recently Issued Accounting Guidance In May 2026, the FASB issued guidance establishing an accounting framework for environmental credits and related regulatory compliance obligations. Environmental credits are recognized as assets when they are expected to be used to settle obligations or transferred, while credits acquired for voluntary purposes are expensed as incurred. The guidance also requires recognition of liabilities for environmental credit obligations based on credits needed to satisfy those obligations. These amendments are effective for fiscal years beginning after December 15, 2027, including interim periods within those years, with early adoption permitted, and will be applied on a retrospective basis through a cumulative‑effect adjustment. We do not intend to early adopt this guidance and are currently evaluating the effect it will have on our consolidated financial statements. In November 2024, the FASB issued guidance which requires more detailed disclosure about specified categories of expenses (purchases of inventory, employee compensation, depreciation, intangible asset amortization and depletion) included in certain expense captions on the face of the income statement. Additionally, the amendments require disclosure of the total amount of selling expenses and an annual disclosure of the definition of selling expenses. These amendments are effective for fiscal years beginning after December 15, 2026, and for interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The disclosures may be applied either prospectively or retrospectively to any or all prior periods presented in the financial statements. We intend to apply this standard on a prospective basis and continue to evaluate the impact this new guidance will have on our disclosures.
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