4 unchanged sentences
Foreign Currency Risk
−Removed: AbbVie's primary net foreign currency exposures are the Euro, Japanese yen, Canadian dollar, Chinese yuan and British pound.
+Added: AbbVie's primary net foreign currency exposures are the Euro, Japanese yen, Canadian dollar and British pound.
The following table reflects the total foreign currency forward exchange contracts outstanding at December 31, 2024 and 2023:
6 unchanged sentences
British pound 461 1.271 (1) 505 1.271 (1)
−Removed: Chinese yuan 479 7.104 — 596 7.024 (5)
All other currencies 2,308 n/a 17 2,742 n/a (31)
5 unchanged sentences
A 10% appreciation is believed to be a reasonably possible near-term change in foreign currencies.
−Removed: As of December 31, 2023, the company has €5.4 billion aggregate principal amount of unsecured senior Euro notes outstanding, which are exposed to foreign currency risk.
−Removed: The company designated these foreign currency denominated notes as hedges of its net investments in certain foreign subsidiaries and affiliates.
+Added: As of December 31, 2024, the company has unsecured senior Euro notes outstanding, which are exposed to foreign currency risk.
+Added: The company designated €3.1 billion aggregate principal amount of these foreign currency denominated notes as hedges of its net investments in certain foreign subsidiaries and affiliates.
As a result, any foreign currency translation gains or losses related to the Euro notes will be included in accumulated other comprehensive loss.
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.