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Equity | 12 Months Ended
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Dec. 31, 2021
Partners' Capital Notes [Abstract] |
Equity | EQUITY: Limited Partner Units Limited partner interests in the Partnership are represented by Common Units that entitle the holders thereof to the rights and privileges specified in the Partnership Agreement. The Partnership’s Common Units are registered under the Securities Exchange Act of 1934 (as amended) and are listed for trading on the NYSE. Each holder of a Common Unit is entitled to one vote per unit on all matters presented to the Limited Partners for a vote. In addition, if at any time any person or group (other than the Partnership’s General Partner and its affiliates) owns beneficially 20% or more of all Common Units, any Common Units owned by that person or group may not be voted on any matter and are not considered to be outstanding when sending notices of a meeting of Unitholders (unless otherwise required by law), calculating required votes, determining the presence of a quorum or for other similar purposes under the Partnership Agreement. The Common Units are entitled to distributions of Available Cash as described at “Quarterly Distributions of Available Cash.” Our Partnership Agreement contains specific provisions for the allocation of net earnings and losses to the partners for purposes of maintaining the partner capital accounts. For any fiscal year that the Partnership has net profits, such net profits are first allocated to the General Partner (which currently holds an approximately 0.1% general partner interest) until the aggregate amount of net profits for the current and all prior fiscal years equals the aggregate amount of net losses allocated to the General Partner for the current and all prior fiscal years. Second, such net profits shall be allocated to the Limited Partners pro rata in accordance with their respective sharing ratios. For any fiscal year in which the Partnership has net losses, such net losses shall be first allocated to the Limited Partners in proportion to their respective adjusted capital account balances, as defined by the Partnership Agreement, (before taking into account such net losses) until their adjusted capital account balances have been reduced to zero. Second, all remaining net losses shall be allocated to the General Partner. The General Partner may distribute to the Limited Partners funds of the Partnership that the General Partner reasonably determines are not needed for the payment of existing or foreseeable Partnership obligations and expenditures. Common Units The change in Energy Transfer Common Units during the years ended December 31, 2022, 2021 and 2020 was as follows:
| Years Ended December 31,
| 2022 |  | 2021 |  | 2020
Number of Common Units, beginning of period | 3,082.5 |  |  | 2,702.4 |  |  | 2,689.6 |
Common Units issued in mergers and acquisitions (1) | — |  |  | 374.6 |  |  | — |
Common Units repurchased | — |  |  | (4.2) |  |  | — |
Issuance of Common Units (2) | 11.9 |  |  | 9.7 |  |  | 12.8 |
Number of Common Units, end of period | 3,094.4 |  |  | 3,082.5 |  |  | 2,702.4 |
(1)In December 2021, Energy Transfer issued 374.6 million Energy Transfer Common Units in connection with the Enable Acquisition. (2)Includes common units issued in connection with the distribution reinvestment program and restricted unit vestings. Energy Transfer Class A Units As of February 10, 2023, the Partnership had outstanding 765,933,429 Class A units (“Energy Transfer Class A Units”) representing limited partner interests in the Partnership to the General Partner. The Energy Transfer Class A Units are entitled to vote together with the Partnership’s common units, as a single class, except as required by law. Additionally, Energy Transfer’s Partnership Agreement provides that, under certain circumstances, upon the issuance by the Partnership of additional common units or any securities that have voting rights that are pari passu with the Partnership common units, the Partnership will issue to any holder of Energy Transfer Class A Units additional Energy Transfer Class A Units such that the holder maintains a voting interest in the Partnership that is identical to its voting interest in the Partnership prior to such issuance. The Energy Transfer Class A Units are not entitled to distributions and otherwise have no economic attributes. Energy Transfer Repurchase Program In February 2015, the Partnership announced a common unit repurchase program, whereby the Partnership may repurchase up to $2 billion of Energy Transfer Common Units in the open market at the Partnership’s discretion, subject to market conditions and other factors, and in accordance with applicable regulatory requirements. The Partnership did not repurchase any Energy Transfer Common Units under this program in 2022 and repurchased 4.2 million in 2021. As of December 31, 2022, $880 million remained available to repurchase under the current program. Energy Transfer Distribution Reinvestment Program During the year ended December 31, 2022, distributions of $61 million were reinvested under the distribution reinvestment program. As of December 31, 2022, a total of 12 million common units remain available to be issued under the existing registration statement in connection with the distribution reinvestment program. Energy Transfer Preferred Units As of December 31, 2022, Energy Transfer’s outstanding preferred units included 950,000 Series A Preferred Units, 550,000 Series B Preferred Units, 18,000,000 Series C Preferred Units, 17,800,000 Series D Preferred Units, 32,000,000 Series E Preferred Units, 500,000 Series F Preferred Units, 1,484,780 Series G Preferred Units and 900,000 Series H Preferred Units. The following table summarizes changes in the Energy Transfer Preferred Units:
| Preferred Unitholders |  |
| Series A |  | Series B |  | Series C |  | Series D |  | Series E |  | Series F |  | Series G |  | Series H |  | Total
Balance, December 31, 2020 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Preferred units conversion | 943 |  |  | 547 |  |  | 440 |  |  | 434 |  |  | 786 |  |  | 504 |  |  | 1,114 |  |  | — |  |  | 4,768 |
Units issued for cash | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 889 |  |  | 889 |
Distributions to partners | (30) |  |  | (18) |  |  | (25) |  |  | (25) |  |  | (45) |  |  | (34) |  |  | (79) |  |  | (24) |  |  | (280) |
Units issued in Enable Acquisition | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 392 |  |  | — |  |  | 392 |
Other, net | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (3) |  |  | (3) |
Net income | 45 |  |  | 27 |  |  | 25 |  |  | 25 |  |  | 45 |  |  | 26 |  |  | 61 |  |  | 31 |  |  | 285 |
Balance, December 31, 2021 | 958 |  |  | 556 |  |  | 440 |  |  | 434 |  |  | 786 |  |  | 496 |  |  | 1,488 |  |  | 893 |  |  | 6,051 |
Distributions to partners | (59) |  |  | (36) |  |  | (33) |  |  | (34) |  |  | (61) |  |  | (34) |  |  | (106) |  |  | (59) |  |  | (422) |
Net income | 59 |  |  | 36 |  |  | 33 |  |  | 34 |  |  | 61 |  |  | 34 |  |  | 106 |  |  | 59 |  |  | 422 |
Balance, December 31, 2022 | $ | 958 |  |  | $ | 556 |  |  | $ | 440 |  |  | $ | 434 |  |  | $ | 786 |  |  | $ | 496 |  |  | $ | 1,488 |  |  | $ | 893 |  |  | $ | 6,051 |
Energy Transfer Series A Preferred Units Distributions on the Energy Transfer Series A Preferred Units will accrue and be cumulative from and including the date of original issue to, but excluding, February 15, 2023, at a rate of 6.250% per annum of the stated liquidation preference of $1,000. On and after February 15, 2023, distributions on the Energy Transfer Series A Preferred Units will accumulate at a percentage of the $1,000 liquidation preference equal to an annual floating rate of the three-month LIBOR, or a successor rate, in each case determined quarterly by our calculation agent, plus a spread of 4.028% per annum. The Energy Transfer Series A Preferred Units are redeemable at Energy Transfer’s option on or after February 15, 2023 at a redemption price of $1,000 per Energy Transfer Series A Preferred Unit, plus an amount equal to all accumulated and unpaid distributions thereon to, but excluding, the date of redemption. Energy Transfer Series B Preferred Units Distributions on the Energy Transfer Series B Preferred Units will accrue and be cumulative from and including the date of original issue to, but excluding, February 15, 2028, at a rate of 6.625% per annum of the stated liquidation preference of $1,000. On and after February 15, 2028, distributions on the Energy Transfer Series B Preferred Units will accumulate at a percentage of the $1,000 liquidation preference equal to an annual floating rate of the three-month LIBOR, or a successor rate, in each case determined quarterly by our calculation agent, plus a spread of 4.155% per annum. The Energy Transfer Series B Preferred Units are redeemable at Energy Transfer’s option on or after February 15, 2028 at a redemption price of $1,000 per Energy Transfer Series B Preferred Unit, plus an amount equal to all accumulated and unpaid distributions thereon to, but excluding, the date of redemption. Energy Transfer Series C Preferred Units Distributions on the Energy Transfer Series C Preferred Units will accrue and be cumulative from and including the date of original issue to, but excluding, May 15, 2023, at a rate of 7.375% per annum of the stated liquidation preference of $25. On and after May 15, 2023, distributions on the Energy Transfer Series C Preferred Units will accumulate at a percentage of the $25 liquidation preference equal to an annual floating rate of the three-month LIBOR, or a successor rate, in each case determined quarterly by our calculation agent, plus a spread of 4.530% per annum. The Energy Transfer Series C Preferred Units are redeemable at Energy Transfer’s option on or after May 15, 2023 at a redemption price of $25 per Energy Transfer Series C Preferred Unit, plus an amount equal to all accumulated and unpaid distributions thereon to, but excluding, the date of redemption. Energy Transfer Series D Preferred Units Distributions on the Energy Transfer Series D Preferred Units will accrue and be cumulative from and including the date of original issue to, but excluding, August 15, 2023, at a rate of 7.625% per annum of the stated liquidation preference of $25. On and after August 15, 2023, distributions on the Energy Transfer Series D Preferred Units will accumulate at a percentage of the $25 liquidation preference equal to an annual floating rate of the three-month LIBOR, or a successor rate, in each case determined quarterly by our calculation agent, plus a spread of 4.738% per annum. The Energy Transfer Series D Preferred Units are redeemable at Energy Transfer’s option on or after August 15, 2023 at a redemption price of $25 per Energy Transfer Series D Preferred Unit, plus an amount equal to all accumulated and unpaid distributions thereon to, but excluding, the date of redemption. Energy Transfer Series E Preferred Units Distributions on the Energy Transfer Series E Preferred Units will accrue and be cumulative from and including the date of original issue to, but excluding, May 15, 2024, at a rate of 7.600% per annum of the stated liquidation preference of $25. On and after May 15, 2024, distributions on the Energy Transfer Series E Preferred Units will accumulate at a percentage of the $25 liquidation preference equal to an annual floating rate of the three-month LIBOR, or a successor rate, in each case determined quarterly by our calculation agent, plus a spread of 5.161% per annum. The Energy Transfer Series E Preferred Units are redeemable at Energy Transfer’s option on or after May 15, 2024 at a redemption price of $25 per Energy Transfer Series E Preferred Unit, plus an amount equal to all accumulated and unpaid distributions thereon to, but excluding, the date of redemption. Energy Transfer Series F Preferred Units Distributions on the Series F Preferred Units are cumulative from and including the original issue date and will be payable semi-annually in arrears on the 15th day of May and November of each year, commencing on May 15, 2020 to, but excluding, May 15, 2025, at a rate equal to 6.750% per annum of the $1,000 liquidation preference. On and after May 15, 2025, the distribution rate on the Energy Transfer Series F Preferred Units will equal a percentage of the $1,000 liquidation preference equal to the five-year U.S. treasury rate plus a spread of 5.134% per annum. The Energy Transfer Series F Preferred Units are redeemable at Energy Transfer’s option on or after May 15, 2025 at a redemption price of $1,000 per Energy Transfer Series F Preferred Unit, plus an amount equal to all accumulated and unpaid distributions thereon to, but excluding, the date of redemption. Energy Transfer Series G Preferred Units Distributions on the Energy Transfer Series G Preferred Units are cumulative from and including the original issue date and will be payable semi-annually in arrears on the 15th day of May and November of each year, commencing on May 15, 2020 to, but excluding, May 15, 2030, at a rate equal to 7.125% per annum of the $1,000 liquidation preference. On and after May 15, 2030, the distribution rate on the Energy Transfer Series G Preferred Units will equal a percentage of the $1,000 liquidation preference equal to the five-year U.S. treasury rate plus a spread of 5.306% per annum. The Energy Transfer Series G Preferred Units are redeemable at Energy Transfer’s option on or after May 15, 2030 at a redemption price of $1,000 per Energy Transfer Series G Preferred Unit, plus an amount equal to all accumulated and unpaid distributions thereon to, but excluding, the date of redemption. On December 2, 2021, Energy Transfer issued 384,780 Energy Transfer Series G Preferred Units in connection with the Enable Acquisition, as discussed in Note 3. Energy Transfer Series H Preferred Units On June 15, 2021, Energy Transfer issued 900,000 of its 6.500% Series H Preferred Units at a price to the public of $1,000 per unit. Distributions on the Series H Preferred Units will accrue and be cumulative to, but excluding, November 15, 2026, at a rate equal to 6.500% per annum of the $1,000 liquidation preference. On and after November 15, 2026 and each fifth anniversary thereafter, the distribution rate on the Series H Preferred Units will reset to be a percentage of the $1,000 liquidation preference equal to the five-year U.S. treasury rate plus a spread of 5.694% per annum. Distributions on the Series H Preferred Units will be payable semi-annually in arrears on the 15th day of May and November of each year. The Series H Preferred Units are redeemable at Energy Transfer’s option during the three-month period prior to, and including, each distribution reset date at a redemption price of $1,000 per Series H Preferred Unit, plus an amount equal to all accumulated and unpaid distributions thereon to, but excluding, the date of redemption. Sale of Common Units by Subsidiaries Energy Transfer on a stand-alone basis (the “Parent Company”) accounts for the difference between the carrying amount of its investment in subsidiaries and the underlying book value arising from issuance of units by subsidiaries (excluding unit issuances to the Parent Company) as a capital transaction. If a subsidiary issues units at a price less than the Parent Company’s carrying value per unit, the Parent Company assesses whether the investment has been impaired, in which case a provision would be reflected in our statement of operations. The Parent Company did not recognize any impairment related to the issuances of subsidiary common units during the periods presented. Subsidiary Equity Transactions USAC’s Distribution Reinvestment Program During the years ended December 31, 2022, 2021 and 2020, USAC issued 124,255, 118,399 and 188,695 USAC common units, respectively, under the USAC distribution reinvestment program. USAC’s Warrants In April 2022, USAC issued 534,308 of its common units in connection with the exercise of outstanding warrants. As of December 31, 2022, one tranche of USAC Warrants with the right to purchase 10,000,000 common units at a strike price of $19.59 per common unit was outstanding and may be exercised by the holders at any time before April 2, 2028. Energy Transfer Common Unit Distributions Our distribution policy is consistent with the terms of our Partnership Agreement, which requires that we distribute all of our available cash quarterly. Our distributions declared and paid with respect to our common units were as follows:
Quarter Ended |  | Record Date |  | Payment Date |  | Rate
December 31, 2019 |  | February 7, 2020 |  | February 19, 2020 |  | $ | 0.3050 |
March 31, 2020 |  | May 7, 2020 |  | May 19, 2020 |  | 0.3050 |
June 30, 2020 |  | August 7, 2020 |  | August 19, 2020 |  | 0.3050 |
September 30, 2020 |  | November 6, 2020 |  | November 19, 2020 |  | 0.1525 |
December 31, 2020 |  | February 8, 2021 |  | February 19, 2021 |  | 0.1525 |
March 31, 2021 |  | May 11, 2021 |  | May 19, 2021 |  | 0.1525 |
June 30, 2021 |  | August 6, 2021 |  | August 19, 2021 |  | 0.1525 |
September 30, 2021 |  | November 5, 2021 |  | November 19, 2021 |  | 0.1525 |
December 31, 2021 |  | February 8, 2022 |  | February 18, 2022 |  | 0.1750 |
March 31, 2022 |  | May 9, 2022 |  | May 19, 2022 |  | 0.2000 |
June 30, 2022 |  | August 8, 2022 |  | August 19, 2022 |  | 0.2300 |
September 30, 2022 |  | November 4, 2022 |  | November 21, 2022 |  | 0.2650 |
December 31, 2022 |  | February 7, 2023 |  | February 21, 2023 |  | 0.3050 |
Energy Transfer Preferred Unit Distributions Distributions on Energy Transfer’s Series A, Series B, Series C, Series D, Series E, Series F, Series G and Series H preferred units declared and/or paid by Energy Transfer were as follows:
Period Ended |  | Record Date |  | Payment Date |  | Series A (1) |  | Series B (1) |  | Series C |  | Series D |  | Series E |  | Series F (1) |  | Series G (1) |  | Series H (1) |
March 31, 2021 |  | May 3, 2021 |  | May 17, 2021 |  | $— |  | $— |  | $0.4609 |  | $0.4766 |  | $0.4750 |  | $33.7500 |  | $35.63 |  | $— |
June 30, 2021 |  | August 2, 2021 |  | August 16, 2021 |  | 31.25 |  | 33.13 |  | 0.4609 |  | 0.4766 |  | 0.4750 |  | — |  | — |  | — |
September 30, 2021 |  | November 1, 2021 |  | November 15, 2021 |  | — |  | — |  | 0.4609 |  | 0.4766 |  | 0.4750 |  | 33.7500 |  | 35.63 |  | 27.08 | *
December 31, 2021 |  | February 1, 2022 |  | February 15, 2022 |  | 31.25 |  | 33.13 |  | 0.4609 |  | 0.4766 |  | 0.4750 |  | — |  | — |  | — |
March 31, 2022 |  | May 2, 2022 |  | May 16, 2022 |  | — |  | — |  | 0.4609 |  | 0.4766 |  | 0.4750 |  | 33.7500 |  | 35.63 |  | 32.50 |
June 30, 2022 |  | August 1, 2022 |  | August 15, 2022 |  | 31.25 |  | 33.13 |  | 0.4609 |  | 0.4766 |  | 0.4750 |  | — |  | — |  | — |
September 30, 2022 |  | November 1, 2022 |  | November 15, 2022 |  | — |  | — |  | 0.4609 |  | 0.4766 |  | 0.4750 |  | 33.7500 |  | 35.63 |  | 32.50 |
December 31, 2022 |  | February 1, 2023 |  | February 15, 2023 |  | 31.25 |  | 33.13 |  | 0.4609 |  | 0.4766 |  | 0.4750 |  | — |  | — |  | — |
* Represents prorated initial distribution. (1) Series A, Series B, Series F, Series G and Series H distributions are currently paid on a semi-annual basis. Pursuant to their terms, distributions on the Series A and Series B preferred units will be paid quarterly beginning after February 15, 2023 and February 15, 2028, respectively Sunoco LP Cash Distributions Energy Transfer owns approximately 28.5 million Sunoco LP common units and all of Sunoco LP’s incentive distribution rights. As of December 31, 2022, Sunoco LP had approximately 84.1 million common units outstanding. The following table illustrates the percentage allocations of available cash from operating surplus between Sunoco LP’s common unitholders and the holder of its IDRs based on the specified target distribution levels, after the payment of distributions to Class C unitholders. The amounts set forth under “marginal percentage interest in distributions” are the percentage interests of the IDR holder and the common unitholders in any available cash from operating surplus which Sunoco LP distributes up to and including the corresponding amount in the column “total quarterly distribution per unit target amount.” The percentage interests shown for common unitholders and IDR holder for the minimum quarterly distribution are also applicable to quarterly distribution amounts that are less than the minimum quarterly distribution.
|  |  |  | Marginal Percentage Interest in Distributions
|  | Total Quarterly Distribution Target Amount |  | Common Unitholders |  | Holder of IDRs
Minimum Quarterly Distribution |  | $0.4375 |  | 100% |  | —%
First Target Distribution |  | $0.4375 to $0.503125 |  | 100% |  | —%
Second Target Distribution |  | $0.503125 to $0.546875 |  | 85% |  | 15%
Third Target Distribution |  | $0.546875 to $0.656250 |  | 75% |  | 25%
Thereafter |  | Above $0.656250 |  | 50% |  | 50%
Distributions on Sunoco LP’s units declared and/or paid by Sunoco LP were as follows:
Quarter Ended |  | Record Date |  | Payment Date |  | Rate
December 31, 2019 |  | February 7, 2020 |  | February 19, 2020 |  | $ | 0.8255 |
March 31, 2020 |  | May 7, 2020 |  | May 19, 2020 |  | 0.8255 |
June 30, 2020 |  | August 7, 2020 |  | August 19, 2020 |  | 0.8255 |
September 30, 2020 |  | November 6, 2020 |  | November 19, 2020 |  | 0.8255 |
December 31, 2020 |  | February 8, 2021 |  | February 19, 2021 |  | 0.8255 |
March 31, 2021 |  | May 11, 2021 |  | May 19, 2021 |  | 0.8255 |
June 30, 2021 |  | August 6, 2021 |  | August 19, 2021 |  | 0.8255 |
September 30, 2021 |  | November 5, 2021 |  | November 19, 2021 |  | 0.8255 |
December 31, 2021 |  | February 8, 2022 |  | February 18, 2022 |  | 0.8255 |
March 31, 2022 |  | May 9, 2022 |  | May 19, 2022 |  | 0.8255 |
June 30, 2022 |  | August 8, 2022 |  | August 19, 2022 |  | 0.8255 |
September 30, 2022 |  | November 4, 2022 |  | November 18, 2022 |  | 0.8255 |
December 31, 2022 |  | February 7, 2023 |  | February 21, 2023 |  | 0.8255 |
USAC Cash Distributions Energy Transfer owns approximately 46.1 million USAC common units. As of December 31, 2022, USAC had approximately 98.2 million common units outstanding. USAC currently has a non-economic general partner interest and no outstanding IDRs. Distributions on USAC’s units declared and/or paid by USAC were as follows:
Quarter Ended |  | Record Date |  | Payment Date |  | Rate
December 31, 2019 |  | January 27, 2020 |  | February 7, 2020 |  | $ | 0.5250 |
March 31, 2020 |  | April 27, 2020 |  | May 8, 2020 |  | 0.5250 |
June 30, 2020 |  | July 31, 2020 |  | August 10, 2020 |  | 0.5250 |
September 30, 2020 |  | October 26, 2020 |  | November 6, 2020 |  | 0.5250 |
December 31, 2020 |  | January 25, 2021 |  | February 5, 2021 |  | 0.5250 |
March 31, 2021 |  | April 26, 2021 |  | May 7, 2021 |  | 0.5250 |
June 30, 2021 |  | July 26, 2021 |  | August 6, 2021 |  | 0.5250 |
September 30, 2021 |  | October 25, 2021 |  | November 5, 2021 |  | 0.5250 |
December 31, 2021 |  | January 24, 2022 |  | February 4, 2022 |  | 0.5250 |
March 31, 2022 |  | April 25, 2022 |  | May 6, 2022 |  | 0.5250 |
June 30, 2022 |  | July 25, 2022 |  | August 5, 2022 |  | 0.5250 |
September 30, 2022 |  | October 24, 2022 |  | November 4, 2022 |  | 0.5250 |
December 31, 2022 |  | January 23, 2023 |  | February 3, 2023 |  | 0.5250 |
Accumulated Other Comprehensive Income The following table presents the components of AOCI, net of tax:
| December 31,
| 2022 |  | 2021
Available-for-sale securities | $ | 9 |  |  | $ | 19 |
Foreign currency translation adjustment | 1 |  |  | 13 |
Actuarial gain (loss) related to pensions and other postretirement benefits | (7) |  |  | 5 |
Investments in unconsolidated affiliates, net | 13 |  |  | (11) |
Total AOCI, net of tax | 16 |  |  | 26 |
Amounts attributable to noncontrolling interests | — |  |  | (3) |
Total AOCI included in partners’ capital, net of tax | $ | 16 |  |  | $ | 23 |
The following table sets forth the tax amounts included in the respective components of other comprehensive income:
| December 31,
| 2022 |  | 2021
Available-for-sale securities | $ | 1 |  |  | $ | (1) |
Foreign currency translation adjustment | 6 |  |  | 6 |
Actuarial loss relating to pension and other postretirement benefits | 1 |  |  | 1 |
Total | $ | 8 |  |  | $ | 6 |

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- Definition The entire disclosure for the formation, structure, control and ownership of the partnership. Disclosures related to accounts comprising partners' capital. Includes balances of general partners' capital account, limited partners' capital account, preferred partners' capital account and total partners' capital account and units outstanding; accumulated other comprehensive income; amount and nature of changes to amount of partner's capital and units outstanding by class, rights and privileges for each class of units; distribution policies and distributions paid by unit class; impact of and correction of an error in previously issued financial statements; limitations of partners' liability; redemption, conversion and distribution policies; and deferred compensation related to the issuance of units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI https://asc.fasb.org/topic&trid=2208762 + Details
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