2 unchanged sentences
If we were to incur borrowings under our Credit Facility, we would face market risk stemming from changes in interest rates.
+Added: In connection with the Smiths Medical acquisition on January 6, 2022 we entered into Senior Secured Credit Facilities totaling approximately $2.2 billion consisting of a variable-rate term loan A facility of $850.0 million, a variable-rate term loan B facility of $850.0 million and a revolving credit facility of $500.0 million.
+Added: We will be exposed to changes in interest rates on all of these variable-rate debt instruments.
+Added: In order to mitigate a portion of the interest rate risk exposure associated with these debt instruments in November 2021 we entered into forward-starting interest rate swaps to achieve a targeted mix of fixed and variable-rate debt (see Note 7:
+Added: Derivatives and Hedging Activities to the Consolidated Financial Statements in Part II, Item 8 of this Annual Report on Form 10-K).
Foreign Exchange Risk
3 unchanged sentences
dollar relative to the foreign currency.
−Removed: We currently do not hedge our foreign currency exposures other than the Mexican Peso described below.
In our European operations, our net Euro asset position at December 31, 2021 was approximately €35.9 million.
1 unchanged sentence
dollar for our cash, accounts receivable, accounts payable and accrued liabilities from the December 31, 2021 spot rate would impact our consolidated amounts on these balance sheet items by approximately $4.1 million, or 0.9% of these net assets.
+Added: We expect that in the future, with the growth of our European distribution operations, net Euro denominated instruments will continue to increase.
+Added: We currently do not hedge our Euro foreign currency exposures.
We have manufacturing facilities and conduct business transactions denominated in the Mexican Peso.
−Removed: We hedge a portion of our manufacturing spend, which reduces our exposure to the foreign currency exchange risk related to the Mexican Peso (see Note 7, Derivatives and Hedging to the consolidated financial statements in Part II, Item 8 of this Form 10-K).
+Added: We hedge a portion of our manufacturing spend, which reduces our exposure to the foreign currency exchange risk related to the Mexican Peso (see Note 7:
+Added: Derivatives and Hedging Activities to the Consolidated Financial Statements in Part II, Item 8 of this Annual Report on Form 10-K).
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.