8 unchanged sentences
A sensitivity analysis of changes in the fair value of all currency exchange rate derivative contracts at April 26, 2024 and April 28, 2023 indicates that, if the U.S.
−Removed: dollar uniformly strengthened/weakened by 10 percent against all currencies, it would have the following impact on the fair value of these contracts:
−Removed: Increase (decrease)
−Removed: (in millions) April 28, 2023 April 29, 2022
−Removed: 10% appreciation in the U.S.
−Removed: dollar $ 1,548 $ 903
−Removed: 10% depreciation in the U.S.
−Removed: dollar (1,548) (903)
+Added: dollar uniformly strengthened/weakened by 10 percent against all currencies, the fair value of these contracts would increase/decrease by approximately $1.7 billion and $1.6 billion, respectively.
Any gains and losses on the fair value of derivative contracts would generally be offset by gains and losses on the underlying transactions.
4 unchanged sentences
Our debt portfolio at April 26, 2024 was comprised of debt predominantly denominated in U.S.
−Removed: dollars and Euros, of which substantially all is fixed rate debt.
+Added: dollars and Euros, which is primarily fixed rate debt.
We are also exposed to interest rate changes affecting our investments in interest rate sensitive instruments, which include our marketable debt securities.
−Removed: A sensitivity analysis of the impact on our interest rate-sensitive financial instruments of a hypothetical 10 basis point change in interest rates, as compared to interest rates at April 28, 2023 and April 29, 2022, would have the following impact on the fair value of these instruments:
−Removed: Increase (decrease)
−Removed: (in millions) April 28, 2023 April 29, 2022
−Removed: 10 basis point increase in interest rates $ 63 $ 53
−Removed: 10 basis point decrease in interest rates (63) (53)
+Added: A sensitivity analysis of the impact on our interest rate-sensitive financial instruments of a hypothetical 50 basis point change in interest rates, as compared to interest rates at April 26, 2024 and April 28, 2023, indicates that the fair value of these instruments would change by $ 64 million and $61 million, respectively.
For a discussion of current market conditions and the impact on our financial condition and results of operations, see the “Liquidity” section of the Management's Discussion and Analysis in "Item 7.
2 unchanged sentences
Financial Statements and Supplementary Data” in this Annual Report on Form 10-K.
−Removed: Table of C ontents
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.