I encountered the following passage in Matsumura's Commutative Ring Theory :
A a Noetherian ring, $B=A[[x]]$ a formal power series ring. $M\subset B$ a maximal ideal, $\mathfrak{m}=M\cap A$. Then $(B_{M})^{\mbox{^}}=(A_{\mathfrak{m}})\mbox{^}[[x]]$, where ^ indicate $M$-adic and $\mathfrak{m}$-adic completions, respectively.
It's not immediately clear to me why this is the case. How should I go about proving this? Thanks!