5 unchanged sentences
Derivative financial instruments related to interest rate sensitivity of debt obligations are used with the goal of mitigating a portion of the exposure when it is cost effective to do so.
−Removed: As of June 30, 2020, our one outstanding interest rate swap agreement with a notional amount of $300 million and a termination date of August 30, 2020, exceeded our remaining variable rate debt.
−Removed: A 1% change in interest rates on variable rate debt in excess of that amount covered by interest rate swaps would have resulted in interest expense fluctuating less than $1 million for both of the three-month periods ended June 30, 2020 and 2019, and less than $1 million and approximately $2 million for the six months ended June 30, 2020 and 2019, respectively.
+Added: As of August 30, 2020, our last interest rate swap agreement terminated.
+Added: A 1% change in interest rates on variable rate debt in excess of that amount covered by interest rate swaps would have resulted in interest expense fluctuating less than $1 million for both of the three-month periods ended September 30, 2020 and 2019, and approximately $1 million and $3 million for the nine months ended September 30, 2020 and 2019, respectively.
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.