14 unchanged sentences
Lower demand for crude oil could also reduce the supply and therefore increase the cost of natural gas, which is the principal raw material used in our production of nitrogen fertilizers.
−Removed: In addition, lower crude oil prices, and a reduced demand for gasoline resulting from actions to slow the spread of COVID-19, have reduced and could further reduce ethanol production and therefore negatively impact the demand for corn, which is a significant factor driving customer demand for our nitrogen fertilizers.
+Added: In addition, lower crude oil prices, and a reduced demand for gasoline resulting from actions to slow the spread of COVID-19, have reduced ethanol production and therefore negatively impacted the demand for corn, which is a significant factor driving customer demand for our nitrogen fertilizers.
The pandemic has also disrupted traditional food supply chains, which may have a material impact on livestock and food demand, including the demand for corn.
Each of these consequences could have a material adverse effect on our business, financial condition, results of operations or cash flows.
−Removed: While the COVID-19 pandemic did not have a material adverse effect on our reported results for the three and six months ended June 30, 2020, we are unable to predict the ultimate impact it may have on our business, financial condition, results of operations or cash flows.
+Added: While the COVID-19 pandemic did not have a material adverse effect on our reported results for the three and nine months ended September 30, 2020, we are unable to predict the ultimate impact it may have on our business, financial condition, results of operations or cash flows.
The extent to which our operations may be impacted by COVID-19 will depend on future developments, which are highly uncertain and cannot be accurately predicted, including the further spread of the virus, the duration of the COVID-19 outbreak and the type and duration of actions that may be taken by various governmental authorities in response to the outbreak.
−Removed: The pandemic has significantly increased global market uncertainty and caused an economic slowdown, which has resulted in a global recession.
+Added: The pandemic significantly increased global market uncertainty and caused an economic slowdown, which resulted in a global recession.
Persistent weakness in economic activity caused by a deterioration of global market and economic conditions could materially adversely affect our business, financial condition, results of operations or cash flows.
The impact of COVID-19 may also exacerbate other risks discussed in Item 1A, “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with the SEC on February 24, 2020, any of which could have a material adverse effect on us.
−Removed: This situation is changing rapidly and additional impacts may arise that we are not aware of currently.
+Added: This situation continues to change and additional impacts may arise that we are not aware of currently.
CF INDUSTRIES HOLDINGS, INC.
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.