5 unchanged sentences
This means that a change in prevailing interest rates may cause the principal amount of the investment to fluctuate.
−Removed: 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 market
−Removed: Table o f Contents
−Removed: funds, municipal bonds and marketable equity securities.
+Added: To minimize this risk, we maintain our
+Added: portfolio of cash, cash equivalents, investments and marketable equity securities in a variety of securities, including commercial paper, corporate debt securities, U.S.
+Added: government and agency securities, certificates of deposit and term deposits, money market funds, municipal bonds and marketable equity securities.
The risk associated with fluctuating interest rates is limited to our investment portfolio.
−Removed: A 10% decrease in interest rates in 2022, 2021 and 2020 would have resulted in an insignificant decrease in our interest income in each of these periods.
+Added: A 10% decrease in interest rates would have resulted in a decrease of $12.0 million in our interest income in 2023, and would have resulted in an insignificant decrease in our interest income in 2022 and 2021
On March 5, 2021, we issued $1.0 billion aggregate principal amount of senior notes, consisting of $500.0 million aggregate principal amount of 1.0% notes due March 15, 2026 and $500.0 million aggregate principal amount of 2.2% notes due March 15, 2031.
6 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 Euro (“EUR”), the Japanese yen (“JPY”), the Canadian dollar (“CAD”) 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 Canadian dollar (“CAD”), the British pound (“GBP”) and the Japanese yen (“JPY”).
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, JPY and GBP, could adversely impact our operating expenses in the future.
+Added: dollar against other foreign currencies, such as the EUR, GBP and JPY 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.
−Removed: 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.