5 unchanged sentences
Interest Rate Risk
−Removed: Our investments in money market funds and short term deposits are subject to market risk due to changes in interest rates, which may affect our interest income and fair market value of our investments.
−Removed: To minimize this risk, we invest in institutional investors money market funds, which consist of high-grade securities, including U.S.
−Removed: treasury bonds.
+Added: Our investments in money market funds, U.S.
+Added: government bonds and short term deposits are subject to market risk due to changes in interest rates, which may affect our interest income and fair market value of our investments.
+Added: To minimize this risk, we invest in highly liquid short term U.S.
+Added: government bonds and in institutional investors money market funds, which consist of high-grade securities.
Our short term deposits are redeemable upon demand and held in banks domiciled in the U.S.
and Europe, as well as in Israel.
−Removed: As of March 30, 2024 and December 30, 2023, our investment in money market funds was $940 million and $932 million, respectively and our short term deposits were $226 million and $222 million, respectively.
−Removed: The primary objectives of our investments in money market funds and short term deposits is to fund our cash requirements in the ordinary course of business and preserve principal.
+Added: As of June 29, 2024 and December 30, 2023, our investment in money market funds was $927 million and $932 million, respectively;
+Added: government bonds were $10 million and $0 million, respectively;
+Added: and our short term deposits were $224 million and $222 million, respectively.
+Added: The primary objectives of our investments in money market funds, U.S.
+Added: government bonds and short term deposits is to fund our cash requirements in the ordinary course of business and preserve principal.
We do not enter into investments for trading or speculative purposes.
12 unchanged sentences
If the New Israeli Shekel had strengthened by 10% against the U.S.
−Removed: dollar, it would have decreased our cash flows by approximately $17 million in the three months ended March 30, 2024.
−Removed: The effect of a 10% change in the U.S.
−Removed: dollar / New Israeli Shekel exchange rate would not have had a material impact on our cash flows in the three months ended April 1, 2023 since in the first quarter of 2023 we were still affected by the hedging program with Intel.
+Added: dollar, it would have decreased our cash flows by approximately $32 million in the six months ended June 29, 2024.
+Added: If the New Israeli Shekel had strengthened by 10% against the U.S.
+Added: dollar, it would have decreased our cash flows by approximately $14 million in the six months ended July 1, 2023.
+Added: This exposure to U.S.
+Added: dollar / New Israeli Shekel exchange rates in comparative period results from the three months ended July 1, 2023, since in the first quarter of 2023 we were still affected by the hedging program with Intel and therefore the effect of the exchange rates would not have had a material impact on our cash flows.
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.