You are working for Mindak LLP, an accounting consulting firm, as a research and accounting specialist. Your client, Clorsol Inc., is a manufacturing company and has asked you to research and explain the U.S. GAAP rules for some accounting transactions. The client wants you to reference and explain the rules in the FASB codification for the topic below:

The company has some significant noncash investing transactions. The company wants to know if they need to make any disclosures on the cash flow statement in regards to these noncash investing transactions. Determine the reference(s) from the codification system that explain the GAAP guidance on this topic. The reference(s) should be in the format FASB ASC XXX-XX-XX-XX.