6 unchanged sentences
To minimize this risk, we maintain our portfolio of cash, cash equivalents, investments and marketable equity securities in a variety of securities, including commercial paper, corporate debt securities, U.S.
−Removed: government and agency securities, certificates of deposit and term deposits, money
−Removed: market funds, municipal bonds and marketable equity securities.
+Added: government and agency securities, certificates of deposit and term deposits, money market
+Added: Table o f Contents
+Added: funds, municipal bonds and marketable equity securities.
The risk associated with fluctuating interest rates is limited to our investment portfolio.
8 unchanged sentences
dollars and therefore substantially all of our revenue is not subject to foreign currency translation risk.
−Removed: However, a substantial portion of our operating expenses incurred outside the United States are denominated in foreign currencies and are subject to fluctuations due to changes in foreign currency exchange rates, particularly changes in the Canadian dollar (“CAD”), the Euro (“EUR”) and the British pound (“GBP”).
+Added: However, a substantial portion of our operating expenses incurred outside the United States are denominated in foreign currencies and are subject to fluctuations due to changes in foreign currency exchange rates, particularly changes in the Euro (“EUR”), the Japanese yen (“JPY”), the Canadian dollar (“CAD”) and the British pound (“GBP”).
To help protect against significant fluctuations in value and the volatility of future cash flows caused by changes in currency exchange rates, we engage in foreign currency risk management activities to minimize the impact of balance sheet items denominated in CAD.
7 unchanged sentences
Long-term material changes in the value of the U.S.
−Removed: dollar against other foreign currencies, such as the EUR and GBP, could adversely impact our operating expenses in the future.
+Added: dollar against other foreign currencies, such as the EUR, JPY and GBP, could adversely impact our operating expenses in the future.
We assessed the risk of loss in fair values from the impact of hypothetical changes in foreign currency exchange rates.
5 unchanged sentences
The rate of inflation, however, affects our cost of revenue and expenses, such as those for employee compensation, which may not be readily recoverable in the price of products and services offered by us.
+Added: Table o f Contents
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.