1 General Topics 01–134
Survey Entities 01–02
General Financial Statement Considerations 03–30
RecognitionandMeasurement 03–08
Presentation 09–13
Disclosure 14–19
PresentationandDisclosure Excerpts 20–30
Quarterly FinancialData 20
SelectedInformationfor FiveYears 21
Forward-LookingInformation 22
Liquidity andCapitalResources 23
NewAccountingStandards 24
MarketRisk Information 25
CriticalAccountingPolicies andEstimates. 26
Summaryof SignificantAccountingPolicies 27
NatureofOperations 28
Useof Estimates 29
Vulnerability due to Certain Concentrations 30
SegmentReporting 31–36
Presentation 31–34
PresentationandDisclosure Excerpts 35–36
Segment Information 35–36
AccountingChanges andError Corrections 37–61
Presentation 37–43
Disclosure 44
PresentationandDisclosure Excerpts 45–61
Change inAccountingPrinciple—Inventory. 45
Change in Accounting Principle—Defined Benefit Pension and Other Postretirement Benefit Plans 46
Change inAccountingPrinciple—DiscontinuedOperations 47
Change inAccountingPrinciple—Variable Interest Entities 48
Change inAccountingPrinciple—NetAssetValue. 49
Change inAccountingPrinciple—Interest-Imputationof Interest 50
Change in Accounting Principle—Simplifying the Accounting for Measurement-Period Adjustments 51
Change inAccountingPrinciple—DeferredTaxes (ProspectiveApproach) 52
Change inAccountingPrinciple—DeferredTaxes (RetrospectiveApproach) 53
Change inAccountingPrinciple—DebtValuationAdjustments 54
Change inAccountingPrinciple—Share-BasedPaymentAccounting 55
Change inAccountingPrinciple—Statementof CashFlows 56
Change inAccountingPrinciple—Successful EffortsMethodofAccounting. 57
Change inAccountingEstimates 58–59
Correctionof Errors 60–61
Consolidation 62–74
RecognitionandMeasurement 62–67
Presentation 68–69
Disclosure 70–72
PresentationandDisclosure Excerpts 73–74
Consolidation 73–74
Business Combinations 75–80
RecognitionandMeasurement 75
Disclosure 76–78
PresentationandDisclosure Excerpts 79–80
Business Combinations 79–80
Commitments 81–84
Disclosure 81
PresentationandDisclosure Excerpts 82–84
Restrictive Covenants 82–83
LeaseAgreements 84
Contingencies 85–94
RecognitionandMeasurement 85–87
PresentationandDisclosure Excerpts 88–94
LegalMatters 88
Tax Contingencies 89
EnvironmentalMatters 90
Insurance 91
GovernmentMatters 92
Guarantees 93
GainContingencies—LitigationSettlements 94
Financial Instruments 95–107
RecognitionandMeasurement 95–96
Disclosure 97–103
Presentation and Disclosure Excerpts 104–107
Lineof Credit 104
Derivative Financial Instruments—InterestRate SwapAgreements 105
Derivative Financial Instruments—ForeignCurrency Contracts 106
Credit Facility 107
Fair Value 108–113
Recognition and Measurement 108–110
Disclosure 111–112
PresentationandDisclosure Excerpt 113
FairValueMeasurements 113
Subsequent Events 114–122
Recognition and Measurement 114–117
Disclosure 118–119
Presentation and Disclosure Excerpts 120–122
Debt 120
Merger 121
Acquisitions 122
Related Party Transactions 123–126
Disclosure 123
Presentation and Disclosure Excerpts 124–126
Transactions with Related Parties 124–126
Inflationary Accounting 127–129
Disclosure 127–128
PresentationandDisclosure Excerpt 129
InflationaryAccounting 129
Substantial Doubt About an Entity’s Ability to Continue as a Going Concern 130–134
Recognition and Measurement 130–131
Disclosure 132–134
2 Balance Sheet and Related Disclosures 01–156
GeneralBalance Sheet Considerations 01–05
Presentation 01–03
Disclosure 04–05
CashandCashEquivalents 06–07
Presentation 06
Disclosure 07
Marketable Securities 08–20
RecognitionandMeasurement 08–10
Presentation 11
Disclosure 12–17
PresentationandDisclosure Excerpts 18–20
Marketable Securities—Available-for-Sale Securities 18
Marketable Securities—Held-to-Maturity (HTM) Securities 19
Marketable Securities—TradingSecurities 20
CurrentReceivables 21–25
Presentation 21
Disclosure 22
PresentationandDisclosure Excerpts 23–25
Contracts 23
FinanceReceivables 24
Insurance Claims 25
Receivables Soldor Collateralized. 26–33
RecognitionandMeasurement 26–28
Disclosure 29–30
PresentationandDisclosure Excerpts 31–33
Receivables Soldor Collateralized 31–32
AccountsReceivable FactoringandSecuritization 33
Inventory 34–42
RecognitionandMeasurement 34–35
Presentation 36
Disclosure 37–38
PresentationandDisclosure Excerpts 39–42
First-inFirst-Out 39
Last-inFirst-Out 40
Average Cost 41
RetailMethod 42
Other CurrentAssets 43–49
Presentation 43
PresentationandDisclosure Excerpts 44–49
Advances 44
AssetsHeldfor Sale. 45
Costs and Estimated Earnings in Excess of Billings 46
Derivatives 47
PrepaidExpenses 48
Contracts 49
Property,Plant, andEquipment 50–58
RecognitionandMeasurement 50–51
Presentation 52–53
Disclosure 54–56
PresentationandDisclosure Excerpts 57–58
Property,Plant, andEquipment 57–58
EquityMethodandJointVentures 59–64
RecognitionandMeasurement 59
Presentation 60
Disclosure 61
PresentationandDisclosure Excerpts 62–64
EquityMethod 62
CostMethod 63
FairValue 64
NoncurrentReceivables 65–67
Presentation 65–66
PresentationandDisclosure Excerpt 67
Long-TermReceivables 67
IntangibleAssets 68–81
RecognitionandMeasurement 68–72
Presentation 73
Disclosure 74
PresentationandDisclosure Excerpts 75–81
Goodwill 75
Trademarks 76
CustomerRelationships 77
Technology 78
Software 79
Licenses 80
PurchasedIntangibleAssets 81
OtherNoncurrentAssets 82–91
RecognitionandMeasurement 82
Disclosure 83
PresentationandDisclosure Excerpts 84–91
AssetsofDiscontinuedOperations 84
DeferredIncome Taxes 85
RestrictedCashandInvestments 86
CashSurrenderValueof Life Insurance 87
Derivatives 88
Software 89
InsuranceRecoveries 90
Leases 91
Short-TermDebt 92–97
Presentation 92
Disclosure 93–95
PresentationandDisclosure Excerpts 96–97
Short-TermDebt 96
ConvertibleDebt 97
TradeAccountsPayable 98–100
RecognitionandMeasurement 98
Presentation 99
Disclosure 100
Employee-Related Liabilities 101–104
Presentation 101
Disclosure 102–103
PresentationandDisclosure Excerpt 104
Employee-Related Liabilities 104
Income Tax Liability 105–107
Presentation 105
Disclosure 106
PresentationandDisclosure Excerpt 107
Income TaxesPayable 107
Current Amount of Long-Term Debt 108–110
Presentation 108
Disclosure 109
PresentationandDisclosure Excerpt 110
CurrentAmountof Long-TermDebt 110
Other Current Liabilities 111–122
Presentation 111
Presentation and Disclosure Excerpts 112–122
Advances 112
Product Liability 113
Billings in Excess of Costs and Estimated Earnings 114
Liabilities Held for Sale 115
Insurance 116
DeferredRevenue 117
Environment 118
Litigation 119
Derivatives 120
Claims andDiscounts 121
AssetRetirementObligations 122
Long-Term Debt 123–130
Presentation 123–124
Disclosure 125–126
Presentation and Disclosure Excerpts 127–130
Unsecured 127
Collateralized 128
Convertible 129
Debt Issuance Costs. 130
Credit Agreements 131–132
Disclosure 131
PresentationandDisclosure Excerpt 132
CreditAgreements 132
Long-Term Leases 133–139
RecognitionandMeasurement 133
Presentation 134–135
Disclosure 136
Presentation and Disclosure Excerpts 137–139
Lessee Leases 137–138
Lessor Leases 139
Other Noncurrent Liabilities 140–152
Presentation 140–143
Presentation and Disclosure Excerpts 144–152
DeferredIncome Taxes 144
UnrecognizedTaxBenefits 145
Insurance 146
Warranty 147
Environmental 148
AssetRetirementObligations 149
Litigation 150
Derivatives 151
DeferredRevenue 152
Accumulated Other Comprehensive Income 153–156
Presentation 153
Presentation and Disclosure Excerpts 154–156
AccumulatedOther Comprehensive Income—Equity SectionofBalance Sheet 154
AccumulatedOther Comprehensive Income—Statementof Stockholders’Equity. 155
AccumulatedOther Comprehensive Income—Notes toConsolidatedFinancial Statements 156
3 Income Statement 01–89
Income Statement Format 01–03
Presentation 01–02
PresentationandDisclosure Excerpt 03
Reclassifications 03
Revenues andGains 04–17
RecognitionandMeasurement 04–05
Disclosure 06
PresentationandDisclosure Excerpts 07–17
Revenues 07–08
Net Investment Income 09
Equity,Royalty andInterest Income fromInvestees 10
Equity inEarningsofAffiliatedCompanies 11
GainonAssetDisposals 12
GainonBusiness Combination 13
Litigation 14
Derivatives 15
InsuranceRecoveries 16
GainsonExtinguishmentofDebt 17
Expenses andLosses 18–40
Presentation 18
PresentationandDisclosure Excerpts 19–40
Selling, General, and Administrative 19
ResearchandDevelopment 20
Exploration 21
Advertising 22
Provisionfor Losses 23
Warranty 24
Interest 25
AccretiononAssetRetirementObligation. 26
ImpairmentofAssets 27
Restructuring 28
IntangibleAssetAmortization 29
LossonExtinguishmentofDebt 30
SoftwareAmortization 31
Litigation 32
Equity inLossofUnconsolidatedJointVentures 33
Environmental 34
SaleofAccountsReceivables 35
Mergers 36
Acquisition-RelatedCosts 37
Change inFairValueofDerivatives 38
Impairmentsof IntangibleAssets andGoodwill 39
ForeignCurrency 40
Pensions andOtherPostretirementBenefits 41–49
RecognitionandMeasurement 41
Disclosure 42–44
PresentationandDisclosure Excerpts 45–49
Pensions andOtherPostretirementBenefits 45
DefinedContributionPlans 46
Supplemental Retirement Plans (SERP) 47
Multi-EmployerPlans 48
PlanAmendment 49
PostemploymentBenefits 50–51
RecognitionandMeasurement 50
PresentationandDisclosure Excerpt 51
PostemploymentBenefits 51
Employee CompensatoryPlans 52–59
RecognitionandMeasurement 52
PresentationandDisclosure Excerpts 53–59
StockOptionPlans 53
Stock-BasedCompensation 54
Employee StockPurchasePlans (ESPP) 55
DeferredCompensationPlans 56
Incentive CompensationPlans 57
Employee StockOwnershipPlans (ESOP) 58
Profit SharingPlans 59
DepreciationExpense 60–66
RecognitionandMeasurement 60–61
Disclosure 62
PresentationandDisclosure Excerpts 63–66
Straight-Line andAcceleratedMethods 63–64
Units-of-ProductionMethod 65
Group-LifeMethodofDepreciation 66
Income Taxes 67–73
RecognitionandMeasurement 67
Presentation 68
Disclosure 69
PresentationandDisclosure Excerpts 70–73
ExpenseProvision. 70
TaxBenefit 71
OperatingLoss andTax Credit Carryforwards 72
DistributedandUndistributedForeignEarnings 73
Construction-Type andProduction-Type Contracts 74–76
RecognitionandMeasurement 74
PresentationandDisclosure Excerpts 75–76
Construction- andProduction-Type Contracts 75–76
DiscontinuedOperations 77–83
RecognitionandMeasurement 77–78
Presentation 79–81
PresentationandDisclosure Excerpts 82–83
Divestitures 82
SeparationofBusiness 83
Unusualor InfrequentlyOccurringItems 84–85
Presentation 84
PresentationandDisclosure Excerpt 85
Unusual Items 85
EarningsPer Share 86–89
Presentation 86
Disclosure 87
PresentationandDisclosure Excerpts 88–89
EarningsPer Share 88–89
4 Comprehensive Income 01–14
Comprehensive Income in Annual Filings 01–14
RecognitionandMeasurement 01
Presentation 02–05
PresentationandDisclosure Excerpts 06–14
CombinedStatementof Income andComprehensive Income. 06
Separate Statementof Comprehensive Income 07
Tax EffectDisclosure intheNotes 08
Tax EffectDisclosureonthe Faceof the Financial Statements 09
ForeignCurrency Translation 10
PensionandPostretirementPlans 11
Net Change inUnrealizedGains andLossesonInvestments 12
Gains andLossesonDerivatives 13
ReclassificationAdjustments 14
5 Stockholders’Equity 01–46
Format of Stockholders’Equity in Annual Filings 01–11
Presentation 01–04
Disclosure 05–06
PresentationandDisclosure Excerpts 07–11
InitialPublicOffering 07
CommonStock IssuedinanAcquisition 08
Conversionof Stock 09
TaxWithholdingsRelatedtoVestingof Share-BasedPayments 10
Warrants 11
CommonStock 12
Disclosure 12
PreferredStock 13–16
Presentation 13–14
Disclosure 15
PresentationandDisclosure Excerpt 16
PreferredStock 16
Dividends 17–19
Presentation 17
PresentationandDisclosure Excerpts 18–19
CashDividends 18
CashandStockDividends. 19
Stock Splits 20–23
RecognitionandMeasurement 20–21
PresentationandDisclosure Excerpts 22–23
Stock Split 22
Reverse Stock Split 23
Changes toRetainedEarnings 24–34
RecognitionandMeasurement 24
Presentation 25–28
PresentationandDisclosure Excerpts 29–34
AdoptionofAccountingStandard 29–30
Other Changes inRetainedEarnings—ShareRepurchasePrograms 31
Other Changes inRetainedEarnings—Spin-Off 32
Other Changes inRetainedEarnings—Change inAccountingMethod 33
Other Changes inRetainedEarnings—Dividends 34
Spinoffs 35–37
RecognitionandMeasurement 35–36
PresentationandDisclosure Excerpt 37
Spinoffs 37
Treasury Stock 38–40
Presentation 38–39
PresentationandDisclosure Excerpt 40
Treasury Stock 40
Other Componentsof Stockholders’Equity. 41–46
Presentation 41–42
Disclosure 43–44
PresentationandDisclosure Excerpts 45–46
DeferredCompensation 45
Noncontrolling Interest 46
6 Statement of Cash Flows 01–35
General 01–13
Presentation 01–05
Disclosure 06–07
PresentationandDisclosure Excerpts 08–13
CashandCashEquivalents 08
Classificationof CertainCashReceipts andCashPayments 09
NewAccountingStandard—RestrictedCash 10
Interest andIncome TaxPayments 11–12
NoncashActivities 13
CashFlows FromOperatingActivities 14–23
Presentation 14–16
PresentationandDisclosure Excerpts 17–23
DirectMethod 17
Indirect/Reconciliation Method 18
Adjustments toReconcileNet Income—RestructuringCharges 19
Adjustments toReconcileNet Income—Share-BasedCompensation 20
Adjustments toReconcileNet Income—Impairment Charges 21
Adjustments toReconcileNet Income—PensionSettlement Charges 22
Adjustments toReconcileNet Income—RevaluationGain 23
CashFlows FromInvestingActivities 24–29
Presentation 24
PresentationandDisclosure Excerpts 25–29
Divestitures 25
Acquisitions 26
Escrow 27
FinanceReceivables 28
Purchasesof Investments. 29
CashFlows FromFinancingActivities 30–35
Presentation 30
PresentationandDisclosure Excerpts 31–35
IssuanceofDebt 31
Issuance of Noncontrolling Interests 32
EarlyRetirementofDebt 33
Paymentof Contingent Consideration 34
Acquisition of Noncontrolling Interests 35
7 Independent Auditors’Report 01–72
PresentationinAnnualReport 01–03
Presentation 01–03
Auditors’Reports 04–22
Presentation 04–19
Nonissuers 04–15
Issuers 16–19
PresentationandDisclosure Excerpts 20–22
PricewaterhouseCoopers LLPAuditor’sReport 20
StatementsofOperations andComprehensive Income 21
Statementsof Shareholders’Equity 22
Reference totheReportofOtherAuditors 23–30
Presentation 23–29
Nonissuers 23–27
Issuers 28–29
PresentationandDisclosure Excerpt 30
Reference toOtherAuditors 30
Uncertainties 31–32
Presentation 31–32
Nonissuers 31
Issuers 32
Lackof Consistency 33–43
Presentation 33–39
Nonissuers 33–34
Issuers 35–39
PresentationandDisclosure Excerpts 40–43
Inventory 40
Deferred Tax Assets and Liabilities 41–42
PensionandPostretirementBenefits 43
Emphasisof aMatter 44–47
Presentation 44–46
Nonissuers 44–45
Issuers 46
PresentationandDisclosure Excerpt 47
Emphasisof aMatter 47
Departures FromUnmodified(Unqualified)Opinions 48–50
Presentation 48–50
Nonissuers 48
Issuers 49–50
ReportsonComparative Financial Statements 51–53
Presentation 51–52
Nonissuers 51
Issuers 52
PresentationandDisclosure Excerpt 53
Change inAuditors 53
Opinion Expressed on Supplementary Financial Information 54–56
Presentation 54
PresentationandDisclosure Excerpts 55–56
Supplementary Financial Information 55–56
DatingofReport 57–60
Presentation 57–59
Nonissuers 57–58
Issuers 59
PresentationandDisclosure Excerpt 60
DatingofReport 60
Auditors’ReportsonInternal ControlOver FinancialReporting 61–68
Presentation 61–63
PresentationandDisclosure Excerpts 64–68
SeparateReportonInternal Control 64
CombinedReportonFinancial Statements andInternal Control 65
ReportonInternal ControlWithSpecific Items Excluded 66
ReportonInternal ControlWithIneffective Internal Controls 67–68
GeneralManagement andSpecial-Purpose CommitteeReports 69–72
Presentation 69
PresentationandDisclosure Excerpts 70–72
ReportofManagement 70
Management’sReportonInternal ControlOver FinancialReporting 71
Reportof theAudit andFinance Committee 72
Appendix/Indexes 741–771
Appendixof 350 Entities 741
Appendix of Survey Entity Industries 747
Index of Authoritative Accounting & AuditingGuidance 753
Subject Index 757
