Extraordinary Item, Gain or Loss, Gross

Gains (losses), whether arising from extinguishment of debt, prior period adjustments, or from other events or transactions, that are both unusual in nature and infrequent in occurrence thereby meeting the criteria for an event or transaction to be classified as an extraordinary item. The effect of an extraordinary event or transaction should be classified separately in the income statement if it is material in relation to income before extraordinary items or to the trend of annual earnings before extraordinary items, or is material by other appropriate criteria. Items should be considered individually and not in the aggregate in determining whether an extraordinary event or transaction is material. This element is gross of the related tax effect.

• Discontinued Application of Specialized Accounting for Regulated Operations
• Extraordinary Item of Investee
• Gain (Loss) from Adjustments to Prior Period Extraordinary Items
• Gain on Purchase of Business
• Other Extraordinary Gain (Loss)