2 unchanged sentences
Our exposure to significant market risks includes fluctuations in labor costs and commodity prices for copper, aluminum, steel and fuel.
−Removed: Commodity price risks may have an impact on our results of operations due to the fixed price nature of many of our contracts.
We are exposed to market price volatility as the fair value of our investments in marketable securities may fluctuate in response to changes in market value of such securities.
6 unchanged sentences
Investment Risk
−Removed: We are exposed to market price volatility for our investments in marketable securities which are carried at fair value measured using market prices, with gains and losses included in Other (income) expense, net on our Consolidated Statements of Comprehensive Income.
+Added: We are exposed to market price volatility for our investments in marketable securities which are carried at fair value measured using market prices, with gains and losses included in Other income, net on our Consolidated Statements of Comprehensive Income.
Changes in the market value of these investments could create volatility in our reported earnings from period to period, and a decline in value of our investments could have an adverse impact on our reported earnings.
3 unchanged sentences
Floating rate debt, where the interest rate fluctuates periodically, exposes us to short-term changes in market interest rates.
−Removed: All of the long-term debt outstanding under our revolving credit facility is structured on floating rate terms.
+Added: Any borrowings under our revolving credit facility is structured on floating rate terms.
We currently do not maintain any hedging contracts that would limit our exposure to variable rates of interest when we have outstanding borrowings under our revolving credit facility.
3 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.