Synchrony(SYF) - 2024 Q2 - Quarterly Report
Synchrony(SYF)2024-07-19 20:20
In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosure requirements and requires enhanced disclosures about significant segment expenses. The Company will adopt this guidance on a retrospective basis on its effective date, which for us is beginning within our December 31, 2024 Form 10-K. Included in the acquisition was $64 million of loans that have experienced more-than-insignificant deter ...