11 unchanged sentences
Within defined limitations, we manage the mix using refinancing.
−Removed: At June 30, 2025, approximately 30% of our debt was at variable interest rates averaging 6.42%.
−Removed: The following table presents information about long term fixed rate debt, excluding finance leases, at June 30, 2025:
+Added: At September 30, 2025, approximately 38% of our debt was at variable interest rates averaging 5.99%.
+Added: The following table presents information about long term fixed rate debt, excluding finance leases, at September 30, 2025:
(In millions)
2 unchanged sentences
Pro forma fair value — liability 4,552
−Removed: The pro forma information assumes a 100 basis point decrease in market interest rates at June 30, 2025, and reflects the estimated fair value of fixed rate debt outstanding at that date under that assumption.
+Added: The pro forma information assumes a 100 basis point decrease in market interest rates at September 30, 2025, and reflects the estimated fair value of fixed rate debt outstanding at that date under that assumption.
The sensitivity of our fixed rate debt to changes in interest rates was determined using current market pricing models.
3 unchanged sentences
Contracts hedging short term trade receivables and payables normally have no hedging designation.
−Removed: The following table presents net foreign currency contract information at June 30, 2025:
+Added: The following table presents net foreign currency contract information at September 30, 2025:
(In millions)
2 unchanged sentences
Contract maturities 10/25-9/26
−Removed: The pro forma decrease in fair value assumes a 10% adverse change in underlying foreign exchange rates at June 30, 2025, and reflects the estimated change in the fair value of contracts outstanding at that date under that assumption.
+Added: The pro forma decrease in fair value assumes a 10% adverse change in underlying foreign exchange rates at September 30, 2025, and reflects the estimated change in the fair value of contracts outstanding at that date under that assumption.
The sensitivity of our foreign currency positions to changes in exchange rates was determined using current market pricing models.
−Removed: Fair values are recognized on the Consolidated Balance Sheet at June 30, 2025 as follows:
+Added: Fair values are recognized on the Consolidated Balance Sheet at September 30, 2025 as follows:
(In millions)
6 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.