12 unchanged sentences
Therefore, when the Company borrows under these debt instruments, the Company is exposed to market risk related to changes in interest rates.
−Removed: As of June 30, 2023, there were no outstanding borrowings under the Revolving Credit Facility, 2022 Term Loan, U.S.
+Added: As of September 30, 2023, there were no outstanding borrowings under the Revolving Credit Facility, 2022 Term Loan, U.S.
Commercial Paper Program and Euro Commercial Paper Program.
As a result of recent increases in the federal funds rate by the U.S.
−Removed: Federal Reserve beginning in March 2022 through the first half of 2023 , the floating interest rates related to our U.S.
+Added: Federal Reserve beginning in March 2022 through the first nine months of 2023 , the floating interest rates related to our U.S.
Commercial Paper Program have increased substantially.
−Removed: Although the Company has repaid all outstanding borrowings under its U.S.
−Removed: Commercial Paper Program as of June 30, 2023, to the extent that interest rates related to our floating rate debt continue to increase and the Company borrows under its floating interest rate instruments in the future, interest expense may increase for the remainder of 2023.
+Added: The Company borrowed under the U.S.
+Added: Commercial Paper Program throughout much of the first nine months of 2023, the proceeds of which were used for general corporate purposes.
+Added: Although the Company has no outstanding borrowings under the Revolving Credit Facility, 2022 Term Loan, U.S.
+Added: Commercial Paper Program and Euro Commercial Paper Program as of September 30, 2023, to the extent that interest rates related to this floating rate debt continue to increase and the Company borrows under any of these floating interest rate instruments in the future, interest expense and interest payments would increase.
Although the Company does not expect changes in interest rates to have a material effect on income or cash flows for the remainder of 2023, primarily due to our current expected limited reliance on borrowings tied to floating rates of interest, there can be no assurance that interest rates will not change significantly from current levels.
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.