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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2022-02-22 compared with 2021-02-18 · 2 added, 1 removed, 35 unchanged (8% of the section changed)
19 unchanged sentences
We also face exchange rate risk from our investments in subsidiaries owned and operated in foreign countries.
−Removed: Euro denominated borrowings under our Credit Facility and Euro Notes provide a natural hedge to a portion of our European net asset position.
+Added: Euro denominated borrowings under our Euro Notes provide a natural hedge to a portion of our European net asset position.
+Added: We also have the ability to borrow in Euros under our Credit Facility.
The effect of a change in currency exchange rates on our net investment in international subsidiaries, net of the translation effect of the Company’s Euro denominated borrowings, is reflected in the Accumulated other comprehensive loss component of Equity.
14 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.