3 unchanged sentences
We account for our investments in debt securities at fair value, with unrealized gains or losses recorded as a component of other comprehensive income.
−Removed: We believe that our exposure to interest rate risk is not material as all investments other than equity investments were in money market funds as of December 31, 2020.
+Added: We believe that our exposure to interest rate risk is not material as all investments other than equity and long-term investments were in money market funds as of December 31, 2021.
We account for our 2023 Notes and 2025 Notes on an amortized cost basis and our recognized value of the debt does not reflect changes in fair value.
3 unchanged sentences
The 2023 Notes and 2025 Notes bear interest at a fixed rate of 2.125% and 2.5%, respectively.
−Removed: Information about the contractual maturities of our debt is disclosed in the table within the Contractual Obligations and Commercial Commitments section of Item 7.
−Removed: Management’s Discussion and Analysis of Financial Condition and Results of Operations.
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.