26 unchanged sentences
The contracts are intended primarily to economically hedge exposure to U.S.
−Removed: dollar merchandise inventory expenditures made by our international subsidiaries.
+Added: dollar merchandise inventory expenditures made by our
+Added: international subsidiaries.
We seek to mitigate risk with the use of these contracts and do not intend to engage in speculative transactions.
For additional information related to the Company's forward foreign-exchange contracts, see Notes 1 and 3 to the consolidated financial statements included in Item 8 of this Report.
−Removed: A hypothetical 10% strengthening of the functional currency compared to the non-functional currency exchange rates at August 28, 2022, would have decreased the fair value of the contracts by $128 and resulted in an unrealized loss in the consolidated statements of income for the same amount.
+Added: A hypothetical 10% strengthening of the functional currency compared to the non-functional currency exchange rates at September 3, 2023, would have decreased the fair value of the contracts by $109 and resulted in an unrealized loss in the consolidated statements of income for the same amount.
Commodity Price Risk
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.