5 unchanged sentences
In addition, we focus on utilizing counterparties for these transactions whose financial condition is appropriate for the credit risk involved in each specific transaction.
−Removed: Our hedging strategy is designed to protect us from excessive pricing volatility.
−Removed: However, since we do not typically hedge 100% of our exposure, abnormal price volatility in any of these commodity markets could influence operating income.
−Removed: For derivatives designated in cash flow hedging relationships, we record the gains and losses from the use of these instruments in accumulated other comprehensive income (loss) on the consolidated balance sheets and subsequently recognize the accumulated gains and losses into cost of products sold in the same period when the associated underlying transactions occur.
−Removed: At December 31, 2024, we had no outstanding hedge positions.
−Removed: See Note 11, "Derivative Instruments and Hedging Activities," in Item 8 for further information on our outstanding derivatives.
−Removed: All outstanding commodity derivative positions were closed prior to December 31, 2024.
Interest Rate Risk.
6 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.