D.7 MD&A — Contractual Obligations
Although registrants are no longer required to include in the MD&A section a tabular
disclosure of all known contractual obligations, they may choose to continue to disclose
this information.
Sample Disclosure
The table below contains information about our contractual
obligations that affect our short- and long-term liquidity and
capital needs. The table also includes information about
payments due under specified contractual obligations and is
aggregated by type of contractual obligation. It includes the
maturity profile of our consolidated long-term debt, operating
leases, and other long-term liabilities.
In the table above, the UTBs, including interest and penalties,
are related to temporary differences. The years for which the
temporary differences related to the UTBs will reverse have been
estimated in the schedule of obligations above. In addition,
approximately $XX of UTBs have been recorded as liabilities, and
we are uncertain about whether or, if so, when such amounts may
be settled. We also recorded a liability for potential penalties
of $XX and interest of $XX for the UTBs not included in the
table above.
Sample Disclosure
The following table presents certain payments due under
contractual obligations with minimum firm commitments as of
December 31, 20X3:
Our other noncurrent liabilities in the consolidated balance
sheet include UTBs and related interest and penalties. As of
December 31, 20X3, we had gross UTBs of $XX and an additional
$XX for interest and penalties classified as noncurrent
liabilities. At this time, we are unable to make a reasonably
reliable estimate of the timing of payments in individual years
in connection with these tax liabilities; therefore, such
amounts are not included in the above contractual obligation
table.