4 unchanged sentences
In the normal course of business, we are exposed to foreign currency translation and transaction risks.
−Removed: Our business transactions outside of the United States are primarily denominated in the euro, British pound and Thai baht.
−Removed: We may use foreign currency forwards, swaps and options, where possible, to manage our risk related to certain foreign currency fluctuations.
+Added: Our business transactions outside of the United States are primarily denominated i n the Euro, Thai baht and Mexican Peso.
+Added: We may use foreign currency forwards, swaps and options, where possible, to manage our risk related to certain foreign curr ency fluctuations.
We are exposed to market risk from changes in interest rates related to our borrowing under our Credit Agreement and Receivables Securitization Program.
However, we enter into interest rate swap agreements to manage our exposure to interest rate changes.
−Removed: We had $686 million in borrowings under our term loans, $130 million in borrowings under our revolving credit facility, $147 million in borrowings under our Receivable Securitization Program, and $14 million in letters of credit under the Credit Agreement at June 30, 2020.
−Removed: After considering the effects of interest rate swap agreements outstanding as of June 30, 2020, we estimate an increase in interest rates of 100 basis points would result in a potential reduction in future pre-tax earnings of approximately $5 million per year based on our borrowings outstanding at June 30, 2020.
+Added: We had $675 million in borrowing s under our term loans, $70 million in borrowings under our revolving credit facility, $148 million in borrowings under our Receivables Securitization Program, and $14 million in letters of credit under the Credit Agreement at September 30, 2020.
+Added: After considering the effects of interest rate swap agreements outstanding as of September 30, 2020, we estimate an increase in interest rates of 100 basis points would result in a potential reduction in future pre-tax earnings of approximately $6 million per year based on our borrowings outstanding at September 30, 2020.
Due to the nature and pricing of our Global Solutions segment distribution services, we are exposed to potential volatility in fuel prices.
3 unchanged sentences
Energy Information Administration.
−Removed: The benchmark averaged $2.66 and $3.07 per gallon in the first six months of 2020 and 2019, respectively.
−Removed: Based on our fuel consumption in the first six months of 2020, we estimate that every 10 cents per gallon increase in the benchmark would reduce our Global Solutions segment operating income by approximately $0.2 million on an annualized basis.
+Added: The benchmark averaged $2.58 and $3.06 per gallon in the first nine months of 2020 and 2019, respectively.
+Added: Based on our fuel consumption in the first
+Added: nine months of 2020, we estimate that every 10 cents per gallon increase in the benchmark would reduce our Global Solutions segment operating income by approximately $0.2 million on an annualized basis.
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.