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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2021-02-18 compared with 2020-02-13 · 2 added, 2 removed, 18 unchanged (18% of the section changed)
5 unchanged sentences
Accordingly, changes in foreign currency rates vs.
−Removed: dollar generally do not impact local cash flows.
−Removed: Intercompany transactions which create foreign currency risk include services, royalties, loans, contributions and distributions.
+Added: dollar, euro or Swiss franc generally do not impact local cash flows.
+Added: Intercompany transactions which create transactional foreign currency risk include services, royalties, loans, contributions and distributions.
In addition, we are exposed to interest rate risks through our use of the multi-currency line of credit and other borrowings.
11 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.