v3.26.1
Recently Issued Accounting Pronouncements (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Standards Update and Change in Accounting Principle [Abstract]  
Recently Issued Accounting Pronouncements
Date IssuedReferenceDescriptionExpected Adoption Date and MethodFinancial Statement Impact
May 2026ASU 2026-02: Environmental Credits and Environmental Credit Obligations (Topic 818)The amendments in this ASU establish guidance for the recognition, measurement, presentation, and disclosure of environmental credits and environmental credit obligations.December 2027, Prospective adoptionCurrently under evaluation, but not expected to be material
April 2026ASU 2026-01: Equity (Topic 505): Initial Measurement of Paid-in-Kind Dividends on Equity-Classified Preferred StockThe amendments in this ASU clarify how issuers initially measure paid-in-kind ("PIK") dividends on equity-classified preferred stock by requiring issuers the use of the PIK dividend rate stated in the preferred stock agreement.January 2027, Prospective adoptionCurrently under evaluation, but not expected to be material
July 2025ASU 2025-05: Financial Instruments – Credit Losses (Topic 326)The amendments in this ASU create a practical expedient for use when estimating expected credit losses for current accounts receivable and current contract assets that allows entities to assume that current conditions as of the balance sheet date do not change for the remaining life of the asset.
January 2026, Prospective1
No material impact
1Adopted during the first quarter of 2026.