4 unchanged sentences
Interest rate risk is highly sensitive to many factors, including governmental monetary and tax policies, domestic and international economic and political considerations and other factors beyond our control.
−Removed: As of March 31, 2024, we had approximately $11.5 billion in total face value of debt, of which approximately $2.6 billion was subject to variable interest rates (excluding debt with interest rate swaps).
+Added: As of June 30, 2024, we had approximately $11.8 billion in total face value of debt, of which approximately $2.9 billion was subject to variable interest rates (excluding debt with interest rate swaps).
If SOFR was to increase or decrease by 100 basis points, the increase or decrease in interest expense on the variable-rate debt would increase or decrease future earnings and cash flows by approximately $29.5 million annually.
2 unchanged sentences
Further, in the event of a change of that magnitude, we may take actions to further mitigate our exposure to the change.
−Removed: However, due to
−Removed: the uncertainty of the specific actions that would be taken and their possible effects, these analyses assume no changes in our financial structure.
+Added: However, due to the uncertainty of the specific actions that would be taken and their possible effects, these analyses assume no changes in our financial structure.
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.