2 unchanged sentences
Quantitative and Qualitative Disclosures About Market Risk, of our Annual Report on Form 10-K for the year ended December 31, 2022, and is incorporated herein by reference.
−Removed: There were no material changes during the three months ended March 31, 2023, to the information provided in Part II, Item 7A.
+Added: There were no material changes during the six months ended June 30, 2023, to the information provided in Part II, Item 7A.
Quantitative and Qualitative Disclosures About Market Risk, of our Annual Report on Form 10-K for the year ended December 31, 2022.
−Removed: During the three months ended March 31, 2023, our outstanding debt increased by $22.7 billion, primarily due to the issuance of $24.0 billion of debt in connection with the proposed acquisition of Horizon.
−Removed: As of March 31, 2023, we had outstanding debt with a carrying value of $ 61.6 billion and a fair value of $ 59.8 billion.
+Added: During the six months ended June 30, 2023, our outstanding debt increased by $22.6 billion, due to the issuance of $24.0 billion of debt in connection with the proposed acquisition of Horizon.
+Added: As of June 30, 2023, we had outstanding debt with a carrying value of $61.5 billion and a fair value of $59.1 billion.
As of December 31, 2022, we had outstanding debt with a carrying value of $38.9 billion and a fair value of $35.0 billion.
1 unchanged sentence
Changes in interest rates would, however, affect the fair values of fixed-rate debt.
−Removed: A hypothetical 100 basis point decrease in interest rates relative to interest rates as of March 31, 2023 and December 31, 2022, would have resulted in an increase of $5.7 billion and $3.5 billion, respectively, in the aggregate fair value of our outstanding debt on these dates.
+Added: A hypothetical 100 basis point decrease in interest rates relative to interest rates as of June 30, 2023 and December 31, 2022, would have resulted in an increase of $5.5 billion and $3.5 billion, respectively, in the aggregate fair value of our outstanding debt on these dates.
The analysis does not consider the impact that hypothetical changes in interest rates would have on related interest rate swap contracts and cross-currency swap contracts.
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.