The document describes how to perform point-in-time recovery (PITR) with MySQL to restore data to a past state. It requires binary logs to be enabled and backups kept along with binlogs. The procedure involves restoring the last backup, finding the binlog position, and replaying binlog events from that position up to the desired point in time. An example demonstrates restoring data after an accidental update, identifying the binlog position to recover to using SHOW BINLOG EVENTS.