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New Accounting Guidance Not Yet Adopted (Tables)
9 Months Ended
Sep. 30, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]  
Recent Accounting Guidance Not Yet Adopted
The following table provides a description of issued accounting guidance applicable to, but not yet adopted by, us:
StandardsDescriptionEffective Date for Public EntityEffect on Financial Statements
ASU 2022-03 Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions
The guidance clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also specify required disclosures for equity securities subject to contractual sale restrictions.
The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2023.We do not expect our adoption of this guidance to have a material impact on our consolidated financial statements and related disclosures.