6 unchanged sentences
As of December 31, 2020, we had short-term and long-term marketable securities of $683.4 million, held in U.S.
−Removed: government debt securities, commercial paper and corporate bonds.
+Added: government debt securities and corporate bonds.
Our primary exposure to market risk is interest income sensitivity, which is affected by changes in the general level of interest rates in the United States.
−Removed: As of December 31, 2020, a hypothetical 100 basis point increase in interest rates would have resulted in a $4.3 million decline of the fair value of our available-for-sale securities, as compared to an approximate $3.0 million decline as of December 31, 2019.
−Removed: The additional decline of fair value in this hypothetical scenario is primarily due a larger investment balance as of December 31, 2020 compared to that as of December 31, 2019.
+Added: As of December 31, 2021, a hypothetical 100 basis point increase in interest rates would have resulted in a $4.0 million decline of the fair value of our available-for-sale securities, as compared to a $4.3 million decline as of December 31, 2020.
This estimate is based on a sensitivity model that measures market value changes when changes in interest rates occur.
2 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.