Skill Overview

This skill helps classify sentences from financial documents into specific XBRL tags based on the numeric entity mentioned and the context in which it appears. The classification relies on understanding key phrases, financial terminology, and the relationships between different types of financial data.

Tag Definitions

1. Interest Rate Tags

DebtInstrumentInterestRateStatedPercentage

•Fixed/stated rates on notes/bonds: "5.25% Senior Notes"
•"interest at X% per annum"
•NOT for LIBOR rate values

DebtInstrumentBasisSpreadOnVariableRate1

•Margin/spread on variable rate: "LIBOR plus 1.75%", "margin of 2.00%"
•"LIBOR was X%" → use this tag

2. Debt Amount Tags

DebtInstrumentFaceAmount

•Principal/face amount at issuance
•Terms: "principal amount", "aggregate principal amount", "face amount"
•Examples: "$575.0 million aggregate principal amount"
•Derivative notional: "total notional of interest rate swaps was $300.0 million"

DebtInstrumentCarryingAmount

•Current book value on balance sheet
•Terms: "balance", "outstanding", "carrying amount", "as of [date]"
•Examples: "balance was $273.4 million"

LongTermDebt

•Total long-term debt balance
•"balance of the [Named Term Loan]" → use this tag
•"carrying amount of the mortgage notes" → use this tag
•Examples: "balance of the 2016 Term Loan was $273.4 million"

LongTermDebtFairValue

•Fair/market value of long-term debt
•Terms: "fair value", "market value"
•Examples: "fair value of $649.7 million"

DebtInstrumentUnamortizedDiscount

•Remaining unamortized discount on debt
•Terms: "unamortized discount", "OID"

3. Credit Facility Tags

LineOfCreditFacilityMaximumBorrowingCapacity

•Maximum/total facility limit (ceiling, not current usage)
•Phrases: "borrowing capacity", "facility of", "revolving credit facility"
•
Examples:
- •"$1.99 billion revolving credit facility"
- •"$2.25 billion unsecured revolving credit facility"
- •"$335 million secured revolving credit facility"
- •"$525,000 revolving credit facility"
- •"$45.0 million revolving credit facility"
- •"$16.0 million Tranche A loan revolving loan facility"
- •"borrowing capacity of $250 million"

LineOfCreditFacilityCurrentBorrowingCapacity

•Currently available/unused capacity OR facility size with outstanding/available figures
•Terms: "available", "unused", "current borrowing capacity"
•Examples: "$400.0 million facility with $90.5 million outstanding and $309.5 million unused"

LineOfCredit

•Outstanding borrowings OR bank guarantee amounts
•Terms: "outstanding borrowings", "bank guarantees", "indebtedness"
•
Examples:
- •"$0.4 million of bank guarantees outstanding"
- •"$100.7 million outstanding revolving loans under the credit facility"
- •"$49.6 million of indebtedness"
- •"$17.0 million letter of credit as of [date] with no outstanding balance"
- •"no outstanding balance on the Credit Agreement"

4. Other Tags

LettersOfCreditOutstandingAmount

•Amount of outstanding letters of credit
•Examples: "$41.8 million of letters of credit outstanding"

DebtInstrumentRedemptionPricePercentage

•Percentage of par for redemption/repurchase OR issue price percentages
•Examples: "redeemable at 102.313%", "issue price of 99.78% of face value"

Critical Disambiguation Rules

Rule 1: Interest Rates

•LIBOR rate values → DebtInstrumentBasisSpreadOnVariableRate1
•Fixed/stated rates on notes/bonds → DebtInstrumentInterestRateStatedPercentage
•Margin/spread on variable rate → DebtInstrumentBasisSpreadOnVariableRate1

Rule 2: Debt Amounts

•Issuance/principal amount → DebtInstrumentFaceAmount
•Current balance/book value → DebtInstrumentCarryingAmount
•Fair/market value → LongTermDebtFairValue
•"balance of [Named Term Loan]" → LongTermDebt
•Generic/unclear → LongTermDebt
•Issue price percentage → DebtInstrumentRedemptionPricePercentage
•Derivative notional → DebtInstrumentFaceAmount

Rule 3: Credit Facilities

•"of up to $X" or standalone facility amount → LineOfCreditFacilityMaximumBorrowingCapacity
•"$X available" → LineOfCreditFacilityCurrentBorrowingCapacity
•"$X facility with $Y outstanding" → LineOfCreditFacilityCurrentBorrowingCapacity
•"$X outstanding borrowings" (no facility context) → LineOfCredit
•Bank guarantees outstanding → LineOfCredit
•Letters of credit outstanding → LettersOfCreditOutstandingAmount

Rule 4: Context is King

•Read the full sentence to understand what the number represents
•"$X revolving credit facility" (standalone) = Maximum capacity
•"$X outstanding borrowings" = Current usage

Common Patterns

Facility Descriptions

"$X revolving credit facility" (standalone) → LineOfCreditFacilityMaximumBorrowingCapacity "$X unsecured revolving credit facility" → LineOfCreditFacilityMaximumBorrowingCapacity "$X secured revolving credit facility" → LineOfCreditFacilityMaximumBorrowingCapacity "$X credit facility that matures in [date]" → LineOfCreditFacilityMaximumBorrowingCapacity "$X revolving line of credit" → LineOfCreditFacilityMaximumBorrowingCapacity "$X facility of up to" → LineOfCreditFacilityMaximumBorrowingCapacity "$X available" → LineOfCreditFacilityCurrentBorrowingCapacity "$X facility with $Y outstanding" → LineOfCreditFacilityCurrentBorrowingCapacity "$X outstanding borrowings" → LineOfCredit "$X of indebtedness" → LineOfCredit "$X outstanding in revolver borrowings" → LineOfCredit "$X letter of credit with no outstanding balance" → LineOfCredit

Interest Rate Descriptions

"X% Senior Notes" → DebtInstrumentInterestRateStatedPercentage "LIBOR plus X%" → DebtInstrumentBasisSpreadOnVariableRate1 "LIBOR was X%" → DebtInstrumentBasisSpreadOnVariableRate1

Debt Issuance

"issued $X principal amount" → DebtInstrumentFaceAmount "total notional of interest rate swaps" → DebtInstrumentFaceAmount "balance of the [Named Term Loan]" → LongTermDebt "carrying amount of the mortgage notes" → LongTermDebt "balance was $X" → DebtInstrumentCarryingAmount "fair value of $X" → LongTermDebtFairValue "issue price of X%" → DebtInstrumentRedemptionPricePercentage

Credit Instruments

"bank guarantees outstanding" → LineOfCredit "letters of credit outstanding" → LettersOfCreditOutstandingAmount