What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2021-03-01 compared with 2020-02-27 · 1 added, 3 removed, 13 unchanged (24% of the section changed)

11 unchanged sentences

Interest Rates

As of December 31, 2019 , we had $1.2 billion of variable-rate debt, including current maturities and without reduction of $23.1 million in related costs.

As of December 31, 2020, we had $1.15 billion of variable-rate debt, including current maturities and without reduction for $18.3 million in related costs.

A hypothetical 100 basis point change in interest rates would have affected interest expense by approximately $11.8 million for 2020.

As of December 31, 2019 , we had $120.0 million of fixed-rate debt, including current maturities and without reduction of $0.5 million in related costs.

A hypothetical 100 basis point change in market interest rates would not impact interest expense on our fixed-rate debt instruments as of such date.

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.