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In addition, the Company has not established accruals for certain claims and legal proceedings pending against the Company where it is not possible to reasonably estimate the outcome or potential liability, and the Company cannot estimate a range of reasonably possible losses for these legal matters.
−Removed: Actual liabilities may differ from the amounts recorded, due to uncertainties regarding final settlement agreement negotiations, court approvals and the terms of any approval by the courts, and there can be no assurance that the final resolution of legal matters will not have a material adverse effect on the Company’s financial condition, results of operations, or cash flows.
+Added: Actual liabilities may differ from the amounts recorded, due to uncertainties regarding final settlement agreement negotiations and the terms of any approval by the courts, and there can be no assurance that the final resolution of legal matters will not have a material adverse effect on the Company’s financial condition, results of operations, or cash flows.
The Company’s assessment of the current exposure could change in the event of the discovery of additional facts.
1 unchanged sentence
The Company has elected to apply a threshold of $1 million for purposes of determining whether disclosure of any such proceedings is required.
−Removed: The Company’s risk factors as of April 29, 2023 have not changed materially from those disclosed in Part I, “Item 1A.
+Added: The Company’s risk factors as of July 29, 2023 have not changed materially from those disclosed in Part I, “Item 1A.
Risk Factors” of the Fiscal 2022 Form 10-K.
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.