5 unchanged sentences
Gains and losses from changes in the market value of these contracts offset foreign exchange losses and gains, respectively, on the underlying transactions.
−Removed: Other transactions denominated in foreign currencies are designated as hedges of our net investments in foreign subsidiaries or are intercompany transactions of a long-term investment nature.
We use foreign exchange contracts on a routine basis to help mitigate the risks related to transactions denominated in foreign currencies.
2 unchanged sentences
The tables that follow present principal repayments and weighted-average interest rates on outstanding borrowings of fixed-rate debt.
−Removed: At October 31, 2021 2022 2023 2024 2025 2026 Thereafter Total
+Added: At October 31, 2022
+Added: 2023 2024 2025 2026 2027 Thereafter Total
Annual repayments of
long-term debt $130,643 $110,643 $85,642 $50,000 $10,000 $90,000 $476,928 $452,879
−Removed: Average interest rate on total
−Removed: borrowings outstanding
−Removed: during the year 3.7% 3.7% 3.8% 3.9% 4.0% 4.0% 3.7%
−Removed: At October 31, 2020 2021 2022 2023 2024 2025 Thereafter Total
+Added: Average interest rate on total borrowings outstanding during the year 3.7% 3.8% 3.9% 4.0% 4.0% 4.1% 3.7%
+Added: At October 31, 2021
+Added: 2022 2023 2024 2025 2026 Thereafter Total
Annual repayments of
long-term debt $30,643 $130,643 $110,643 $85,643 $50,000 $100,000 $507,572 $549,895
−Removed: Average interest rate on total
−Removed: borrowings outstanding
−Removed: during the year 3.6% 3.7% 3.7% 3.8% 3.9% 4.0% 3.6%
−Removed: We also have variable-rate notes payable and long-term debt.
+Added: Average interest rate on total borrowings outstanding during the year 3.7% 3.7% 3.8% 3.9% 4.0% 4.0% 3.7%
+Added: We also have variable-rate long-term debt.
The weighted average interest rate of this variable-rate debt was 1.74 percent at October 31, 2022 and 0.71 percent at October 31, 2021.
−Removed: A one percent increase in interest rates would have resulted in additional interest expense of approximately $3,982 on the variable rate notes payable and long-term debt in 2021.
+Added: A one percent increase in interest rates would have resulted in additional interest expense of approximately $2,841 on the variable rate long-term debt in 2022.
Nordson Corporation 30
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.