9 unchanged sentences
The contracts represent anticipated natural gas needs for future periods and settlements are scheduled to coincide with anticipated natural gas purchases during those future periods.
−Removed: As of June 30, 2023, we had natural gas derivative contracts covering certain periods through March 2024.
−Removed: As of June 30, 2023 and December 31, 2022, we had open derivative contracts for 43.8 million MMBtus and 66.3 million MMBtus, respectively.
−Removed: A $1.00 per MMBtu increase in the forward curve prices of natural gas at June 30, 2023 would result in a favorable change in the fair value of these derivative positions of approximately $41 million, and a $1.00 per MMBtu decrease in the forward curve prices of natural gas would change their fair value unfavorably by approximately $41 million.
+Added: As of September 30, 2023, we had natural gas derivative contracts covering certain periods through March 2024.
+Added: As of September 30, 2023 and December 31, 2022, we had open derivative contracts for 65.3 million MMBtus and 66.3 million MMBtus, respectively.
+Added: A $1.00 per MMBtu increase in the forward curve prices of natural gas at September 30, 2023 would result in a favorable change in the fair value of these derivative positions of approximately $62 million, and a $1.00 per MMBtu decrease in the forward curve prices of natural gas would change their fair value unfavorably by approximately $63 million.
From time to time, we may purchase nitrogen products on the open market to augment or replace production at our facilities.
Interest Rates
−Removed: As of June 30, 2023, we had four series of senior notes totaling $3.00 billion of principal outstanding with maturity dates of December 1, 2026, March 15, 2034, June 1, 2043, and March 15, 2044.
+Added: As of September 30, 2023, we had four series of senior notes totaling $3.00 billion of principal outstanding with maturity dates of December 1, 2026, March 15, 2034, June 1, 2043, and March 15, 2044.
The senior notes have fixed interest rates.
−Removed: As of June 30, 2023, the carrying value and fair value of our senior notes was approximately $2.97 billion and $2.77 billion, respectively.
−Removed: Borrowings under the Revolving Credit Agreement bear current market rates of interest, and we are subject to interest rate risk on such borrowings.
−Removed: There were no borrowings outstanding under the Revolving Credit Agreement as of June 30, 2023, as of December 31, 2022, or during the six months ended June 30, 2023.
+Added: As of September 30, 2023, the carrying value and fair value of our senior notes was approximately $2.97 billion and $2.66 billion, respectively.
+Added: Borrowings under the Prior Revolving Credit Agreement bore current market rates of interest, and we were subject to interest rate risk on such borrowings.
+Added: There were no borrowings outstanding under the Prior Revolving Credit Agreement as of September 30, 2023, as of December 31, 2022, or during the nine months ended September 30, 2023.
+Added: Borrowings under the New Revolving Credit Agreement bear current market rates of interest, and we are subject to interest rate risk on any such borrowings.
Foreign Currency Exchange Rates
1 unchanged sentence
We generally do not maintain any exchange rate derivatives or hedges related to these currencies.
+Added: 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.