Status of Statement No. 133

Accounting for Derivative Instruments and Hedging Activities

Status

Issued: June 1998

Effective Date:

For all fiscal quarters of all fiscal years beginning after June 15, 1999 (Deferred to all fiscal quarters of all fiscal years beginning after June 15, 2000 by FAS 137)

Affects:

Amends ARB 43, Chapter 4, paragraph 8

Amends FAS 52, by adding paragraph 14A

Amends FAS 52, paragraphs 15, 16, 30, 31(b), and 162

Deletes FAS 52, paragraphs 17 through 19

Replaces FAS 52, paragraph 21

Amends FAS 60, paragraphs 46 and 50

Amends FAS 65, paragraphs 4 and 9(a)

Deletes FAS 65, paragraph 9(b)(1)

Supersedes FAS 80

Amends FAS 95, footnote 4

Supersedes FAS 105

Deletes FAS 107, paragraph 4

Amends FAS 107, paragraphs 10 and 31

Replaces FAS 107, paragraph added after paragraph 13 by FAS 119

Amends FAS 107 by adding paragraphs 15A through 15D

Amends FAS 113, paragraph 28

Amends FAS 115, paragraphs 4, 13, 15(b), 16, 19 through 22, 115, and 137

Supersedes FAS 119

Amends FAS 124, paragraphs 3, 5, 6, and 112 and footnote 6

Amends FAS 125, paragraphs 4, 14, 31, and 243

Replaces FAS 126, paragraph 2(c)

Replaces FTB 79-19, paragraph 6

Affected by:

Paragraphs 6 through 8 amended by FAS 149, paragraphs 3 through 5, respectively

Paragraph 9(a) amended by FAS 149, paragraph 6

Paragraph 10 amended by FAS 149, paragraphs 7(d) and 7(e), and FSP EITF 00-19-2, paragraph 13

Paragraph 10(a) replaced by FAS 149, paragraph 7(a)

Paragraph 10(b) replaced by FAS 138, paragraph 4(a), and FAS 149, paragraph 7(b)

Paragraph 10(d) replaced by FAS 149, paragraph 7(c)

Paragraph 10(f) amended by FAS 140, paragraph 353(a)

Paragraph 10(g) amended by FSP FTB 85-4-1, paragraph 21

Paragraph 10(h) amended by FSP AAG INV-1/SOP 94-4-1, paragraph B3

Paragraph 11 amended by FAS 150, paragraph C2(a)

Paragraph 11(b) amended by FAS 123(R), paragraph D15, FSP FAS 123(R)-1

Paragraph 11(c) amended by FAS 141, paragraph E18(a)

Paragraph 12 amended by FAS 138, paragraph 4(p)

Paragraph 12(c) amended by FAS 150, paragraph C2(b)

Paragraph 13(a) amended by FAS 149, paragraph 8(a)

Paragraph 13(b) replaced by FAS 149, paragraph 8(b)

Paragraph 14 amended by FAS 155, paragraph 4(a)

Paragraphs 14A and 14B added by FAS 155, paragraph 4(b)

Paragraph 15 amended by FAS 149, paragraph 9

Paragraph 16 amended by FAS 155, paragraph 4(c)

Paragraph 16A added by FAS 155, paragraph 4(d), and deleted by FAS 157, paragraph E18(a)

Paragraph 17 amended by FAS 149, paragraph 10, and FAS 157, paragraph E18(b)

Paragraph 19 deleted by FAS 149, paragraph 11

Paragraph 20(c) amended by FAS 149, paragraph 12

Paragraph 21(a)(2)(c) amended by FAS 149, paragraph 14

Paragraph 21(c)(1) amended by FAS 138, paragraph 4(f)

Paragraphs 21(d), 21(f), and 21(f)(2) through 21(f)(4) amended by FAS 138, paragraph 4(b)

Paragraphs 27, 34, 64, 65(c), 94, 96, 97, 99, and 143 amended by FAS 149, paragraph 15

Paragraph 28(c) amended by FAS 149, paragraph 16

Paragraph 29(d) amended by FAS 138, paragraph 4(g)

Paragraphs 29(e), 29(h), and 29(h)(1) through 29(h)(4) amended by FAS 138, paragraph 4(c)

Paragraph 29(f) amended by FAS 141, paragraph E18(b)

Paragraph 29(g)(2) amended by FAS 138, paragraph 4(h)

Paragraph 30 amended by FAS 138, paragraph 4(i)

Paragraph 30(d) replaced by FAS 149, paragraph 17

Paragraph 33 replaced by FAS 138, paragraph 4(q)

Paragraph 36 amended by FAS 138, paragraphs 4(j) and 4(n)

Paragraph 36(a) amended by FAS 138, paragraph 4(j)

Paragraph 36(b) replaced by FAS 138, paragraph 4(j)

Paragraphs 36A, paragraph 37A, and paragraphs 40A through 40C added by FAS 138, paragraphs 4(k), 4(l), and 4(o), respectively

Paragraphs 37 and 38 amended by FAS 138, paragraphs 4(s) and 4(t), respectively

Paragraph 40 amended by FAS 138, paragraph 4(m)

Paragraph 40(a) replaced by FAS 138, paragraph 4(v)

Paragraph 40(b) amended by FAS 138, paragraph 4(v)

Paragraph 42 amended by FAS 138, paragraph 4(u), and FAS 159, paragraph C7(a)

Paragraph 44A added by FAS 155, paragraph 4(e), and amended by FAS 159, paragraph C7(b)

Paragraph 44B added by FAS 155, paragraph 4(e)

Paragraph 45(b)(4) amended by FAS 138, paragraph 4(r)

Paragraph 45A added by FAS 149, paragraph 18

Paragraph 48 amended by FAS 137, paragraph 3(a)

Paragraph 49 amended by FAS 149, paragraph 19

Paragraph 50 replaced by FAS 137, paragraph 3(b)

Paragraph 52(b) replaced by FAS 138, paragraph 4(w)

Paragraph 54 and footnote 14 amended by FAS 138, paragraph 4(d)

Paragraph 56 amended by FAS 140, paragraph 353(c), and FAS 156, paragraph 5(b)

Paragraphs 57(c)(2) and 57(c)(3) amended by FAS 149, paragraphs 20 and 21, respectively

Paragraph 58(a) amended by FAS 149, paragraph 22(a)

Paragraph 58(b) amended by FAS 138, paragraph 4(x), and FAS 149, paragraph 22(b)

Paragraph 58(c)(2) amended by FAS 138, paragraph 4(x)

Paragraph 59(a) replaced by FAS 149, paragraph 23(a)

Paragraph 59(c) amended by FAS 149, paragraph 23(b)

Paragraph 59(d) amended by FAS 149, paragraph 23(c)

Paragraph 59(e) amended by FAS 140, paragraph 353(d), and FAS 145 paragraph 9(j)

Paragraph 61(a) amended by FAS 149, paragraph 24(a)

Paragraph 61(d) amended by FAS 138, paragraph 4(y), and FAS 149, paragraph 24(b)

Paragraph 61(e) amended by FAS 138, paragraph 4(y), and FAS 149, paragraph 24(c)

Paragraph 61(f) replaced by FAS 149, paragraph 24(d)

Paragraph 61(g) amended by FAS 149, paragraph 24(e)

Paragraph 68 amended by FAS 138, paragraph 4(z), and FAS 149, paragraph 25(a)

Paragraph 68(a) amended by FAS 149, paragraph 25(b)

Paragraph 68(b) amended by FAS 138, paragraph 4(z)

Paragraph 68(b) replaced by FAS 149, paragraph 25(c)

Paragraph 68(d) amended by FAS 138, paragraph 4(z), and FAS 149, paragraph 25(d)

Paragraph 68(g) amended by FAS 149, paragraph 25(e)

Paragraph 68(l) deleted by FAS 138, paragraph 4(z)

Paragraph 90 amended by FAS 138, paragraph 4(e)

Paragraph 95 amended by FAS 149, paragraph 26

Paragraph 115 amended by FAS 138, paragraph 4(bb)

Paragraphs 120A through 120D added by FAS 138, paragraph 4(cc)

Paragraph 134 amended by FAS 138, paragraph 4(dd)

Paragraph 154 amended by FAS 149, paragraph 27

Paragraph 155 replaced by FAS 138, paragraph 4(ee)

Paragraph 161 amended by FAS 138, paragraph 4(ff)

Paragraph 169 amended by FAS 138, paragraph 4(gg)

Paragraph 176 replaced by FAS 149, paragraph 28

Paragraph 197 replaced by FAS 138, paragraph 4(hh)

Paragraph 200 amended by FAS 138, paragraph 4(ii)

Paragraphs 200A through 200D added by FAS 155, paragraph 4(f)

Paragraph 539 effectively amended by FAS 149, paragraphs 10(b), 10(g), 10(h), and 10(i)

Paragraph 540 amended by FAS 138, paragraph 4(jj), and FAS 149, paragraph 29; and FAS 157, paragraph E18(c)

Footnote 6c added by FAS 149, paragraph 10, and deleted by FAS 157, paragraph E18(b)

Footnotes 8 and 16 amended by FAS 149, paragraphs 13 and 22(a), respectively

Footnote 9 amended by FAS 140, paragraph 353(b), and FAS 156, paragraph 5(a)

Footnotes 9b, 10b, 18a, 18b, 20a through 20e, and 24a added by FAS 149, paragraph 15, and effectively deleted by FAS 157, paragraph E18(b)

Footnote 17 deleted by FAS 138, paragraph 4(x)

Footnote 19 amended by FAS 138, paragraph 4(aa)

AICPA Accounting Standards Executive Committee (AcSEC)

Related Pronouncements:

SOP 94-6

SOP 02-2

Issues Discussed by FASB Emerging Issues Task Force (EITF)

Affects:

Nullifies EITF Issues No. 84-14, 84-36, 86-34, 87-2, 87-26, 91-1, and 95-2 and Topics No. D-16, D-22, and D-64

Interpreted by:

Paragraph 11(a) interpreted by EITF Issues No. 99-1 and 01-6

Paragraph 12 interpreted by EITF Issue No. 06-7 and Topic No. D-109

Paragraphs 20(a), 28(a), 30(b), and 62 interpreted by EITF Topic No. D-102

Paragraph 60 interpreted by EITF Topic No. D-109

Paragraph 61(l) interpreted by EITF Issue No. 05-2

Related Issues:

EITF Issues No. 86-25, 97-8, 97-15, 99-2, 99-7, 99-8, 99-9, 00-4, 00-6, 00-8, 00-9, 00-18, 00-19, 01-12, 02-2, 02-3, 02-8, 03-11, 03-14, 05-4, 06-6, 07-2, and 07-5 and Topics No. D-51, D-71, and D-98

Abbreviations for Accounting Pronouncements

FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides