7 unchanged sentences
government securities, and commercial paper.
−Removed: At December 31 , 2020, these investments totaled $ 330 .3 million .
+Added: These investments totaled $254.4 million and $330.3 million at December 31, 2021 and 2020, respectively.
These fixed rate securities are subject to interest rate risk, as sharp increases in market interest rates could have an adverse impact on their fair value.
Although the fair values of these instruments can fluctuate, we believe that the short-term, highly liquid nature of these debt securities, and our ability to hold these instruments to maturity, reduces our risk for potential material losses.
−Removed: A hypothetical 100 basis point change in market interest rates at December 31 , 2020 would have had an immaterial impact on the fair value of these investments.
+Added: A hypothetical 100 basis point change in market interest rates would have had an immaterial impact on the fair value of these investments at December 31, 2021 and 2020.
We are exposed to market risk for investments relating to certain assets held within the Company-owned life insurance contracts on certain current and former employees.
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.