ASU 2023-06 disclosure changes

On August 17, 2018, the SEC issued Release No. 33-10532, Disclosure Update and Simplification, which contained certain of its disclosure requirements that overlap with, but require incremental information to, U.S. generally accepted accounting principles (U.S. GAAP). Due to this overlap, these disclosure requirements were referred to the FASB for potential incorporation into the FASB Accounting Standards Codification (FASB ASC). As a result, on October 9, 2023, the FASB issued Accounting Standards Update (ASU) 2023-06, Disclosure Improvement, which incorporates 14 of