Quantitative and Qualitative Disclosures About Market Risk
−Removed: The information concerning quantitative and qualitative disclosures about market risk contained in the Company’s Annual Report on Form 10-K for the year ended May 28, 2022 has not changed materially.
−Removed: The nature of market risks from interest rates and commodity prices has not changed materially during the first nine months of fiscal 2023.
+Added: The information concerning quantitative and qualitative disclosures about market risk contained in the Company’s Annual Report on Form 10-K for the year ended June 3, 2023 has not changed materially.
+Added: The nature of market risks from interest rates and commodity prices has not changed materially during the first three months of fiscal 2024.
Foreign Exchange Risk
8 unchanged sentences
Changes in the fair value of such contracts are reported in earnings in the period the value of the contract changes.
−Removed: The net gain or loss upon settlement and the change in fair value of outstanding contracts is recorded as a component of Other (income) expense, net.
+Added: The net gain or loss upon settlement and the change in fair value of outstanding contracts is recorded as a component of Other (income) expense.
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.