diff --git a/compiler/frontend/src/org/jetbrains/kotlin/resolve/deprecationUtil.kt b/compiler/frontend/src/org/jetbrains/kotlin/resolve/deprecationUtil.kt
index 50dea404ea0..624053b8860 100644
--- a/compiler/frontend/src/org/jetbrains/kotlin/resolve/deprecationUtil.kt
+++ b/compiler/frontend/src/org/jetbrains/kotlin/resolve/deprecationUtil.kt
@@ -112,7 +112,7 @@ private fun deprecationByOverridden(root: CallableMemberDescriptor): Deprecation
                 return
             }
             else -> {
-                overriddenDescriptors.forEach { traverse(it) }
+                overriddenDescriptors.forEach(::traverse)
             }
         }
     }
@@ -147,13 +147,6 @@ private fun DeclarationDescriptor.getDeprecationByAnnotation(): DeprecatedByAnno
             val propertyAnnotation = propertyDescriptor.getDeclaredDeprecatedAnnotation()
             if (propertyAnnotation != null)
                 return DeprecatedByAnnotation(propertyAnnotation, propertyDescriptor)
-
-            val classDescriptor = containingDeclaration as? ClassDescriptor
-            if (classDescriptor != null && classDescriptor.isCompanionObject) {
-                val classAnnotation = classDescriptor.getDeclaredDeprecatedAnnotation()
-                if (classAnnotation != null)
-                    return DeprecatedByAnnotation(classAnnotation, classDescriptor)
-            }
         }
     }
     return null
diff --git a/compiler/testData/diagnostics/tests/deprecated/companionObjectUsage.kt b/compiler/testData/diagnostics/tests/deprecated/companionObjectUsage.kt
index 1d8dc3baece..2ad875d30b7 100644
--- a/compiler/testData/diagnostics/tests/deprecated/companionObjectUsage.kt
+++ b/compiler/testData/diagnostics/tests/deprecated/companionObjectUsage.kt
@@ -8,8 +8,8 @@ class Another {
 
 fun first() {
     <!DEPRECATION!>Another<!>.use()
-    Another.<!DEPRECATION!>Companion<!>.<!DEPRECATION!>USE<!> // TODO
-    <!DEPRECATION!>Another<!>.<!DEPRECATION!>USE<!> // TODO
+    Another.<!DEPRECATION!>Companion<!>.USE
+    <!DEPRECATION!>Another<!>.USE
 }
 
 fun useCompanion() {
diff --git a/idea/testData/highlighter/deprecated/ClassObject.kt b/idea/testData/highlighter/deprecated/ClassObject.kt
index dc745a8ec4e..61ec78da6bf 100644
--- a/idea/testData/highlighter/deprecated/ClassObject.kt
+++ b/idea/testData/highlighter/deprecated/ClassObject.kt
@@ -1,13 +1,13 @@
 fun test() {
-   <warning descr="[DEPRECATION] 'companion object of MyClass' is deprecated. Use A instead">MyClass</warning>.<warning descr="[DEPRECATION] 'companion object of MyClass' is deprecated. Use A instead">test</warning>
+   <warning descr="[DEPRECATION] 'companion object of MyClass' is deprecated. Use A instead">MyClass</warning>.test
    MyClass()
    val a: MyClass? = null
    val b: MyTrait? = null
-   <warning descr="[DEPRECATION] 'companion object of MyTrait' is deprecated. Use A instead">MyTrait</warning>.<warning descr="[DEPRECATION] 'companion object of MyTrait' is deprecated. Use A instead">test</warning>
+   <warning descr="[DEPRECATION] 'companion object of MyTrait' is deprecated. Use A instead">MyTrait</warning>.test
    MyTrait.<warning descr="[DEPRECATION] 'companion object of MyTrait' is deprecated. Use A instead">Companion</warning>
    <warning descr="[DEPRECATION] 'companion object of MyTrait' is deprecated. Use A instead">MyTrait</warning>
    MyClass.<warning descr="[DEPRECATION] 'companion object of MyClass' is deprecated. Use A instead">Companion</warning>
-   MyClass.<warning descr="[DEPRECATION] 'companion object of MyClass' is deprecated. Use A instead">Companion</warning>.<warning descr="[DEPRECATION] 'companion object of MyClass' is deprecated. Use A instead">test</warning>
+   MyClass.<warning descr="[DEPRECATION] 'companion object of MyClass' is deprecated. Use A instead">Companion</warning>.test
 
    a == b
 }