Accounting standard newly cited
Filing comparison
HENRY SCHEIN INC cited accounting standard ASU 2023-07 for the first time in this filing series
During the year ended December 28, 2024, we adopted ASU 2023-07, “ Segment Reporting (Topic 280): Improvements to Reportable Segments ” (“Topic 280”), which aims to improve financial reporting by requiring disclosure of incremental segment information on an annual and interim basis for all public entities to enable investors to develop more decision-useful financial analyses.
Evidence
- Adopted
- 2023-07
- Contexts
- During the year ended December 28, 2024, we adopted ASU 2023-07, “ Segment Reporting (Topic 280): Improvements to Reportable Segments ” (“Topic 280”), which aims to improve financial reporting by requiring disclosure of incremental segment information on an annual and interim basis for all public entities to enable investors to develop more decision-useful financial analyses.
- New standards
- 2023-07, 2025-05, 2025-06, 2025-09, 2025-10, 2025-11
- Prior filed
- 2025-02-25
- Prior form
- 10-K
- Restates existing policy
- No
- Source
- accounting standards update (ASU) reference comparison
- Why
- An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.