FASB proposes income statement disaggregation disclosures

Disaggregate every relevant expense caption into:

• employee compensation
• depreciation
• intangible asset amortization
• depreciation, depletion and amortization (DD&A)
• inventory and manufacturing expense

Further disaggregate inventory and manufacturing expense, if applicable, into:

• purchases of inventory
• employee compensation
• depreciation
• intangible asset amortization
• DD&A

State the total amount of selling expenses

• Describe the nature of amounts not separately disaggregated in relevant expense captions
• Describe the nature of amounts not separately disaggregated in inventory and manufacturing expense and other adjustments and reconciling items
• Provide the entity's definition of other manufacturing expenses
• Provide the entity’s definition of selling expenses