Quarterly report pursuant to Section 13 or 15(d)

Accounting Changes

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Accounting Changes
9 Months Ended
Oct. 01, 2011
Accounting Changes [Abstract]  
Accounting Changes [Text Block]

Note 3: Accounting Changes

 

In the first quarter of 2011, we adopted new standards for revenue recognition with multiple deliverables. These new standards change the determination of whether the individual deliverables included in a multiple-element arrangement may be treated as separate units for accounting purposes. Additionally, these new standards modify the method by which revenue is allocated to the separately identified deliverables. The adoption of these new standards did not have a significant impact on our consolidated condensed financial statements.

 

In the first quarter of 2011, we adopted new standards that remove certain tangible products and associated software from the scope of the software revenue recognition guidance. The adoption of these new standards did not have a significant impact on our consolidated condensed financial statements.