2 unchanged sentences
From time to time, we use various derivative instruments to reduce interest rate and fuel price risks.
−Removed: To date, based upon our current level of foreign operations, no derivative instruments have been utilized to reduce foreign exchange rate risk.
+Added: To date, no derivative instruments have been utilized to reduce foreign exchange rate risk.
All of our hedging activities are governed by guidelines that are authorized by the Board.
11 unchanged sentences
The fair value of our debt was estimated at $9.0 billion as of August 31, 2024, and $7.3 billion as of August 26, 2023, based on the quoted market prices for the same or similar debt issues or on the current rates available to us for debt having the same remaining maturities.
−Removed: Such fair value is less than the carrying value of debt by $406.6 million and $182.8 million at August 26, 2023 and August 27, 2022, respectively, which reflects its face amount, adjusted for any unamortized debt issuance costs and discounts.
−Removed: We had $1.2 billion in variable rate debt outstanding at August 26, 2023 and $603.4 million in August 27, 2022.
+Added: Such fair value is greater than the carrying value of debt by $3.5 million and less than the carrying value of debt by $406.6 million at August 31, 2024 and August 26, 2023, respectively.
+Added: This amount reflects face amount, adjusted for any unamortized debt issuance costs and discounts.
+Added: We had $580.0 million in variable rate debt outstanding at August 31, 2024 and $1.2 billion in August 26, 2023.
We had outstanding fixed rate debt of $8.4 billion, net of unamortized debt issuance costs of $55.6 million, at August 31, 2024, and $6.5 billion, net of unamortized debt issuance costs of $41.1 million, at August 26, 2023.
9 unchanged sentences
dollars using the year-end exchange rates was $478.4 million at August 31, 2024 and $409.8 million at August 26, 2023.
−Removed: The year-end exchange rates with respect to the Mexican peso increased by 15.7% with respect to the U.S.
−Removed: dollar during fiscal 2023 and decreased by less than 1.0% with respect to the U.S.
+Added: The year-end exchange rates with respect to the Mexican peso decreased by 17.9% with respect to the U.S.
+Added: dollar during fiscal 2024 and increased by 15.7% with respect to the U.S.
dollar during fiscal 2023.
−Removed: The potential loss in value
−Removed: of our net assets in the Mexican subsidiaries resulting from a hypothetical 10 percent adverse change in quoted foreign currency exchange rates at August 26, 2023 and August 27, 2022, would have been approximately $37.3 million and approximately $24.6 million, respectively.
+Added: The potential loss in value of our net assets in the Mexican subsidiaries resulting from a hypothetical 10 percent adverse change in quoted foreign currency exchange rates at August 31, 2024 and August 26, 2023, would have been approximately $43.5 million and approximately $37.3 million, respectively.
Any changes in our net assets in the Mexican subsidiaries relating to foreign currency exchange rates would be reflected in the foreign currency translation component of Accumulated Other Comprehensive Loss, unless the Mexican subsidiaries are sold or otherwise disposed.
1 unchanged sentence
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.