1 unchanged sentence
For information regarding our exposure to certain market risk, see Item 7A, Quantitative and Qualitative Disclosure About Market Risk, in the 2023 Annual Report on Form 10-K.
−Removed: During the six-month period ended January 28, 2024, we entered into forward starting interest rate swaps accounted for as cash-flow hedges with a notional value of $ 1 billion related to an anticipated debt issuance.
−Removed: The fair value was a loss of $ 23 million as of January 28, 2024.
−Removed: The forward starting interest rate swaps mature in January 2025.
−Removed: There were no forward starting interest rate swaps or treasury lock contracts outstanding as of July 30, 2023.
+Added: During the nine-month period ended April 28, 2024, we entered into forward starting interest rate swaps accounted for as cash-flow hedges with a notional value of $ 1.1 billion related to an anticipated issuance of debt.
+Added: In March 2024, we settled these forward starting swaps at a loss of $11 million.
+Added: The loss on these instruments was recorded in other comprehensive income (loss) and will be recognized as additional interest expense over the 10-year, 5-year, and 3-year lives of the debt issued in March 2024.
+Added: There were no forward starting interest rate swaps or treasury lock contracts outstanding as of April 28, 2024 and July 30, 2023.
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.