1 unchanged sentence
We are exposed to a variety of market risks, including changes in currency exchange rates, interest rates and gasoline prices.
−Removed: We manage our exposure to market risks through our regular operating and financing activities and, when deemed appropriate, through the use of derivative financial instruments, particularly currency forward
−Removed: contracts to manage and reduce currency exchange rate risk;
+Added: We manage our exposure to market risks through our regular operating and financing activities and, when deemed appropriate, through the use of derivative financial instruments, particularly currency forward contracts to manage and reduce currency exchange rate risk;
swap contracts, futures and options contracts, to manage and reduce the interest rate risk related to our debt;
7 unchanged sentences
These “shock tests” are constrained by several factors, including the necessity to conduct the analysis based on a single point in time and the inability to include the complex market reactions that normally would arise from the market shifts modeled.
−Removed: For additional information regarding our borrowings and financial instruments, see Notes 13, 14 and 20 to our Consolidated Financial Statements.
+Added: For additional information regarding our borrowings and financial instruments, see Note 13 – Long-term Corporate Debt and Borrowing Arrangements, Note 14 – Debt Under Vehicle Programs and Borrowing Arrangements and Note 20 – Financial Instruments to our Consolidated Financial Statements.
Currency Risk Management
25 unchanged sentences
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.