Accounting Changes and Error Corrections (Policies) |
9 Months Ended |
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Sep. 30, 2026 | |
| Accounting Changes and Error Corrections [Abstract] | |
| New Accounting Pronouncements, Policy | NOTE 2 - RECENT ACCOUNTING PRONOUNCEMENTS Recently Issued Accounting Pronouncements In November 2024, the FASB issued ASU No. 2024-03, “Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses,” which requires disaggregated disclosures of certain categories of expenses that are included in expense line items on the face of the consolidated statements of comprehensive income. This guidance will be effective for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. This ASU will be applied prospectively and will result in additional required disclosures in the Company’s Consolidated Financial Statements once adopted. In September 2025, the FASB issued ASU No. 2025-06, “Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software”, which removes references to prescriptive and sequential software development stages, and requires entities to start capitalizing software costs when management has authorized and committed to funding the software project and it is probable that the project will be completed and the software will be used to perform the function intended. This guidance will be effective for annual and interim periods beginning after December 15, 2027. This ASU is to be applied prospectively, but retrospective application is permitted. This ASU is not expected to have a material impact to the Company’s Consolidated Financial Statements. In December 2025, the FASB issued ASU No. 2025-11, “Interim Reporting (Topic 270): Narrow-Scope Improvements”, which creates a comprehensive list of interim disclosure requirements, clarifies the scope and applicability of those interim disclosure requirements, and adds a principle requiring disclosure of material events and transactions that have occurred since the Company’s most recently filed Annual Report on Form 10-K that have not otherwise been disclosed. This guidance will be effective for interim reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is evaluating the impact of this ASU on its Condensed and Consolidated Financial Statements.
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