ASU 2018-14 — Disclosure Framework Changes for Defined Benefit Plans

The amendment removed several requirements, including disclosure of AOCI amounts expected to enter next-fiscal-year net periodic benefit cost and the public-entity healthcare-trend one-percentage-point sensitivity. It added weighted-average interest-crediting-rate information for applicable plans and an explanation of reasons for significant obligation gains and losses, and it clarified selected aggregation and plan-asset requirements. The amendment history does not replace a current entity-specific checklist. A net funded- status number still does not replace controlled obligation, asset, cost, assumption, risk, contribution, and benefit-payment information.