−Removed: QUANTITATIVE AND QUALITATIVE DISCLOSURE OF MARKET RISKS
+Added: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
There have been no significant changes in our exposures to market risk since February 3, 2024.
Refer to Part II, Item 7A— Quantitative and Qualitative Disclosures about Market Risk in our 2023 Form 10-K for a discussion on our exposures to market risk.
−Removed: Interest Rate Risk
−Removed: As described in our 2023 Form 10-K and in Note 10— Credit Facilities of our condensed consolidated financial statements herein, our Term Loan Credit Agreement bears interest at variable rates and we are exposed to interest rate risk related to our outstanding debt.
−Removed: For every 100-basis point change in interest rates, our annual interest expense could change by $24 million.
+Added: 50 | 2024 THIRD QUARTER FORM 10-Q
FINANCIAL INFORMATION
−Removed: 2024 SECOND QUARTER FORM 10-Q | 49
+Added: Interest Rate Risk
+Added: As described in our 2023 Form 10-K and in Note 10— Credit Facilities of our condensed consolidated financial statements herein, borrowings under our ABL Credit Agreement and Term Loan Credit Agreement bear interest at variable rates and we are exposed to interest rate risk related to our outstanding debt under each arrangement.
+Added: Based on our current borrowings outstanding as of November 2, 2024, for every 100-basis point change in interest rates, our annual interest expense could change by $26 million.
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.