FASB Codification Guide-2

The modification date label provides the date the

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Unformatted text preview: le of XBRL in Use In its SEC Form 10-Q for the fiscal quarter ending September 11, 2009, Marriott International, Inc. reported having a $130 million ―Cash and Cash Equivalents‖ balance. In the corresponding XBRL instance document that Marriott furnished to the SEC, the company tagged the figure as follows: <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef=“eol_PE48224---0910Q0014_STD_Inst_20090911_0” unitRef=“USD” decimals=“-6” id=“fnid_564645_1001_32”> 130000000 </us-gaap:CashAndCashEquivalentsAtCarryingValue> Lesson 16: Working with XBRL Elements 158 Putting It All Together Taxonomy Instance Document XBRL Creation TAGGING Created by Preparer In addition to other important details, observe that the numeric data, 130000000, appears between two strings of characters, each of which is enclosed in angled brackets (―<― and ―>―). Also notice that appearing inside of each string are the characters ―CashAndCashEquivalentsAtCarryingValue.‖ This signifies that the data have been tagged with the CashAndCashEquivalentsAtCarryingValue element. Other characters in the strings further qualify the tagged data. The U.S. GAAP Financial Reporting Taxonomy (UGT) When a reporting entity tags its data according to one or more specific XBRL taxonomies, any computer system that is used to process the tagged data must refer to the same taxonomies to interpret what each tagged data item represents and to process the data accordingly. Thus, it is essential that XBRL taxonomies be standardized and accepted by data providers, processors, and users. One example of a standardized and widely accepted XBRL taxonomy is the U.S. GAAP Financial Reporting Taxonomy (UGT). The UGT is a collection of specific XBRL elements that are aligned with both the financial reporting requirements of U.S. GAAP and common reporting practices consistent with U.S. GAAP. The UGT contains thousands of XBRL elements, but a given reporting entity will use only a subset of all the elements in the UGT. Lesson 16: Working...
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This note was uploaded on 03/27/2014 for the course ECON 12586 taught by Professor Yorambarzel during the Fall '09 term at University of Washington.

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