Deloitte
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Chapter 4 — Disclosure Requirements

4.3 Information About Profit or Loss and Assets for Each Reportable Segment

4.3 Information About Profit or Loss and Assets for Each Reportable Segment

ASC 280-10
50-22 A public entity shall report a measure of profit or loss and total assets for each reportable segment. A public entity also shall disclose all of the following about each reportable segment if the specified amounts are included in the measure of segment profit or loss reviewed by the chief operating decision maker or are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss (see Example 3, Case B [paragraph 280-10-55-48]):
  1. Revenues from external customers
  2. Revenues from transactions with other operating segments of the same public entity
  3. Interest revenue
  4. Interest expense
  5. Depreciation, depletion, and amortization expense
  6. Unusual items as described in paragraph 220-20-45-1
  7. Equity in the net income of investees accounted for by the equity method
  8. Income tax expense or benefit
  9. Subparagraph superseded by Accounting Standards Update No. 2015-01
  10. Significant noncash items other than depreciation, depletion, and amortization expense.
A public entity shall report interest revenue separately from interest expense for each reportable segment unless a majority of the segment’s revenues are from interest and the chief operating decision maker relies primarily on net interest revenue to assess the performance of the segment and make decisions about resources to be allocated to the segment. In that situation, a public entity may report that segment’s interest revenue net of its interest expense and disclose that it has done so.
50-23 Disclosure of interest revenue and interest expense included in reported segment profit or loss is intended to provide information about the financing activities of a segment.
50-24 If a segment is primarily a financial operation, interest revenue probably constitutes most of segment revenues and interest expense will constitute most of the difference between reported segment revenues and reported segment profit or loss. If the segment has no financial operations or only immaterial financial operations, no information about interest is required.