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This excerpt taken from the PBG 8-K filed Sep 16, 2009. SFAS No. 157
In September 2006, the FASB issued SFAS No. 157,
“Fair Value Measurements” (“SFAS 157”),
which establishes a framework for reporting fair value and
expands disclosures about fair value measurements. The Company
adopted SFAS 157 as it applies to financial assets and
liabilities in our first quarter of 2008. The adoption of these
provisions did not have a material impact on our Consolidated
Financial Statements. For further information about the fair
value measurements of our financial assets and liabilities, see
Note 8.
In February 2008, the FASB issued FASB Staff Position
No. FAS 157-2,
“Effective Date of FASB Statement No. 157”
(“FSP 157-2”).
FSP 157-2
delays the effective date of SFAS 157 for nonfinancial
assets and nonfinancial liabilities, except for certain items
that are recognized or disclosed at fair value in the financial
statements on a recurring basis (at least annually).
FSP 157-2
will become effective beginning with our first quarter of 2009
and will not have a material impact on our Consolidated
Financial Statements.
These excerpts taken from the PBG 10-K filed Feb 20, 2009. SFAS No. 157
In September 2006, the FASB issued SFAS No. 157,
“Fair Value Measurements” (“SFAS 157”),
which establishes a framework for reporting fair value and
expands disclosures about fair value measurements. The Company
adopted SFAS 157 as it applies to financial assets and
liabilities in our first quarter of 2008. The adoption of these
provisions did not have a material impact on our Consolidated
Financial Statements. For further information about the fair
value measurements of our financial assets and liabilities, see
Note 8.
In February 2008, the FASB issued FASB Staff Position
No. FAS 157-2,
“Effective Date of FASB Statement No. 157”
(“FSP 157-2”).
FSP 157-2
delays the effective date of SFAS 157 for nonfinancial
assets and nonfinancial liabilities, except for certain items
that are recognized or disclosed at fair value in the financial
statements on a recurring basis (at least annually).
FSP 157-2
will become effective beginning with our first quarter of 2009
and will not have a material impact on our Consolidated
Financial Statements.
SFAS No. 157 In September 2006, the FASB issued SFAS No. 157, “Fair Value Measurements” (“SFAS 157”), which establishes a framework for reporting fair value and expands disclosures about fair value measurements. The Company adopted SFAS 157 as it applies to financial assets and liabilities in our first quarter of 2008. The adoption of these provisions did not have a material impact on our Consolidated Financial Statements. For further information about the fair value measurements of our financial assets and liabilities, see Note 8. In February 2008, the FASB issued FASB Staff Position No. FAS 157-2, “Effective Date of FASB Statement No. 157” (“FSP 157-2”). FSP 157-2 delays the effective date of SFAS 157 for nonfinancial assets and nonfinancial liabilities, except for certain items that are recognized or disclosed at fair value in the financial statements on a recurring basis (at least annually). FSP 157-2 will become effective beginning with our first quarter of 2009 and will not have a material impact on our Consolidated Financial Statements. These excerpts taken from the PBG 10-K filed Feb 27, 2008. SFAS No. 157
In September 2006, the FASB issued Statement of Financial
Accounting Standards (“SFAS”) No. 157, “Fair
Value Measurements” (“SFAS 157”), which
establishes a framework for reporting fair value and expands
disclosures about fair value measurements. Certain provisions of
SFAS 157 become effective beginning with our first quarter
2008 fiscal period. The adoption of this standard will not have
a material impact on our Consolidated Financial Statements.
SFAS No. 157 In September 2006, the FASB issued Statement of Financial Accounting Standards (“SFAS”) No. 157, “Fair Value Measurements” (“SFAS 157”), which establishes a framework for reporting fair value and expands disclosures about fair value measurements. Certain provisions of SFAS 157 become effective beginning with our first quarter 2008 fiscal period. The adoption of this standard will not have a material impact on our Consolidated Financial Statements. | EXCERPTS ON THIS PAGE:
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