This excerpt taken from the C 10-Q filed Oct 31, 2008.
New Loss-Contingency Disclosures
In June 2008, the FASB issued an Exposure Draft proposing expanded disclosures regarding loss contingencies accounted for under FASB Statement No. 5, "Accounting for Contingencies," and FASB Statement No. 141(R), "Business Combinations." This proposal increases the number of loss contingencies subject to disclosure and requires substantial quantitative and qualitative information to be provided about those loss contingencies. The proposed effective date is December 31, 2009.