2022 XBRL Taxonomies Update

On March 21, 2022, the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system was upgraded to Release 22.1 and now supports the 2022 taxonomies listed below. Each 2022 taxonomy will be compatible only with other 2022 taxonomies, with the exception of the International Financial Reporting Standards (IFRS) taxonomy.[1] Other than this exception, if a filer attempts to use a 2022 taxonomy in conjunction with an earlier version of another taxonomy in the same filing, the filing will be suspended. With this release, the Variable Insurance Product (VIP) taxonomy will be accepted in EDGAR for the first time. The 2022 U.S. Generally Accepted Accounting Principles (GAAP) Financial Reporting taxonomy and the 2022 SEC Reporting Taxonomy (SRT) reflect the same taxonomies versions that the Financial Accounting Standards Board (FASB) made available on its website on December 17, 2021.

The other 2022 taxonomies listed below are the final versions of the draft taxonomies posted by Commission staff for public comment on September 1, 2021. Refer to the final 2022 taxonomies’ Release Notes for details of the changes.

• U.S. GAAP Financial Reporting
• SEC Reporting Taxonomy (SRT)
• Closed-End Fund (CEF)
• Countries (COUNTRY)
• Currencies (CURRENCY)
• Document and Entity Information (DEI)
• Exchanges (EXCH)
• North American Industry Classification System (NAICS)
• Risk/Return (RR)
• Standard Industrial Classification (SIC)
• State and Province (STPR)
• Variable Insurance Product (VIP)

The staff does not anticipate the removal of the 2020 versions of any taxonomies to occur before June 2022.

Please see https://www.sec.gov/info/edgar/edgartaxonomies.shtml for a complete listing of supported standard taxonomies.

The staff strongly encourages companies to use the most recent version of taxonomy releases for their XBRL filings to take advantage of the most up-to-date tags related to new accounting standards and other improvements. Filers should consider transitioning to the 2022 taxonomies for the earliest reporting period that ends on or after March 21, 2022, but not for reporting periods that end before March 21, 2022. As noted above, prior versions of taxonomies except IFRS are not compatible with the 2022 taxonomies; if any new or updated taxonomies are required to be used for reporting periods that end on or after March 21, 2022, those newly required taxonomy versions will not be compatible with prior version years.