Quantitative and Qualitative Disclosures about Market Risk.
−Removed: We are exposed to certain market risks from changes in interest rates and foreign currency exchange rates as a result of our global operating and financing activities.
+Added: We are exposed to certain market risks from changes in foreign currency exchange rates as a result of our global operating and financing activities.
We seek to minimize any material risks from foreign currency exchange rate fluctuations through our normal operating and financing activities and, when deemed appropriate, through the use of derivative financial instruments.
1 unchanged sentence
We do not use such instruments for trading or other speculative purposes.
−Removed: Interest Rates
−Removed: The market risk for a change in interest rates relates primarily to our debt obligations.
−Removed: Our fixed rate interest exposure was 100% as of December 31, 2024 and December 31, 2023.
−Removed: As of December 31, 2024, a change in interest rates of 1% would not have a material impact on consolidated interest expense.
−Removed: Information regarding our Senior Notes and Revolving Credit Agreement is contained in Note 13 to the Consolidated Financial Statements.
Foreign Currency Exchange Rates
11 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.