Hide excluded folders from tree in IntelliJ IDEA

Question

After updating to IntellijIdea 14 I have discovered that an excluded folder in my project is now visible.

How do I hide it?

Answer 1

The answer is close, in the Project gear menu:

PS: Yes, it's a self-learning post

Also, you may have switched on the Show Excluded Files option. If so, use Shift + Shift and type excluded and do the obvious thing.