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 March 31, 2024, we had natural gas derivative contracts covering certain periods through March 2025.
−Removed: As of March 31, 2024 and December 31, 2023, we had open derivative contracts for 8.0 million MMBtus and 49.0 million MMBtus, respectively.
−Removed: A $1.00 per MMBtu increase in the forward curve prices of natural gas at March 31, 2024 would result in a favorable change in the fair value of these derivative positions of approximately $8 million, and a $1.00 per MMBtu decrease in the forward curve prices of natural gas would change their fair value unfavorably by approximately $8 million.
+Added: As of June 30, 2024, we had natural gas derivative contracts covering certain periods through March 2025.
+Added: As of June 30, 2024 and December 31, 2023, we had open derivative contracts for 9.0 million MMBtus and 49.0 million MMBtus, respectively.
+Added: A $1.00 per MMBtu increase in the forward curve prices of natural gas at June 30, 2024 would result in a favorable change in the fair value of these derivative positions of approximately $9 million, and a $1.00 per MMBtu decrease in the forward curve prices of natural gas would change their fair value unfavorably by approximately $9 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 March 31, 2024, 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 June 30, 2024, 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 March 31, 2024, the carrying value and fair value of our senior notes was approximately $2.97 billion and $2.84 billion, respectively.
+Added: As of June 30, 2024, the carrying value and fair value of our senior notes was approximately $2.97 billion and $2.79 billion, respectively.
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 March 31, 2024, as of December 31, 2023, or during the three months ended March 31, 2024.
+Added: There were no borrowings outstanding under the Revolving Credit Agreement as of June 30, 2024, as of December 31, 2023, or during the six months ended June 30, 2024.
Foreign Currency Exchange Rates
3 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.