5 unchanged sentences
Our exposure to interest rate risk relates to our Five-Year Credit Facility, our 364-Day Revolving Credit Facility, borrowings under our commercial paper program, and any future registered offerings of senior notes to raise capital or replace existing maturities.
−Removed: At May 3, 2025, there were no borrowings outstanding under the credit facilities or the commercial paper program.
−Removed: On May 15, 2025, we leveraged our commercial paper program to redeem our $1.0 billion 4.00% Senior Notes, in addition to utilizing available cash.
−Removed: As of June 2, 2025, we had $550.0 million of commercial paper notes outstanding.
+Added: At August 2, 2025, there were no borrowings outstanding under the credit facilities and $300.0 million principal amount of notes were outstanding under the commercial paper program.
A hypothetical increase of one percentage point on such borrowings would not materially affect our results of operations or cash flows.
4 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.