The 2021 U.S. GAAP taxonomy reflects updates as a result of accounting standards and
other improvements. The 2021 SEC taxonomy contains improvements based on two SEC
final rules. The 2021 XBRL DQC taxonomy includes three new DQCRs.
The taxonomies are subject to final SEC approval, which is expected to be granted in
early 2021. For more information, see the press release on the FASB’s Web site.