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What changed 10-Q
Item 3. Quantitative and Qualitative Disclosures About Market Risk
2025-04-24 compared with 2024-10-24 · 3 added, 1 removed, 5 unchanged (44% of the section changed)
4 unchanged sentences
Use of derivatives for speculation purposes is prohibited.
−Removed: There were no material changes in our interest rate risk exposure to that disclosed in our 2023 Annual Report.
+Added: There were no material changes in our interest rate risk exposure to that disclosed in our 2024 Annual Report, other than as described below.
+Added: As a result of issuing the First Lien Term Loan B-2 due 2032 and the partial redemption of the First Lien Notes due 2026, a larger portion of our debt is now subject to variable interest rates.
+Added: As of March 31, 2025, the principal balance of our debt, excluding finance leases, that was subject to a variable-rate was approximately 8% (including the impact of interest rate swaps) and approximately 38% (excluding the impact of interest rate swaps) of the total carrying amount of our debt.
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.