9 unchanged sentences
We accrue for legal proceedings when losses become probable and reasonably estimable.
−Removed: We recorded an aggregate accrual of approximately $28 million relating to our outstanding legal proceedings as of June 30, 2021.
+Added: We recorded an aggregate accrual of approximately $27 million relating to our outstanding legal proceedings as of September 30, 2021.
As of the end of each applicable reporting period, we review each of our legal proceedings and, where it is probable that a liability has been incurred, we accrue for all probable and reasonably estimable losses.
1 unchanged sentence
If we are able to reasonably estimate a range but no amount within the range appears to be a better estimate than any other, we use the amount that is the low end of such range.
−Removed: If we had used the high ends of such ranges, our aggregate potential liability would be approximately $10 million higher than the amount recorded as of June 30, 2021.
+Added: If we had used the high ends of such ranges, our aggregate potential liability would be approximately $4 million higher than the amount recorded as of September 30, 2021.
Legal Proceedings over Certain Environmental Matters Involving Governmental Authorities with Possible Sanctions of $1,000,000 or More
−Removed: Item 103 of the SEC's Regulation S-K requires disclosure of certain environmental matters when a governmental authority is a party to the proceedings and the proceedings involve potential monetary sanctions unless we reasonably believe the monetary sanctions will not equal or exceed a threshold which we determine is reasonably designed to result in disclosure of any such proceeding that is material to our business or financial condition.
−Removed: We have determined such threshold to be $1,000,000.
−Removed: We are disclosing the following matter in accordance with that requirement:
+Added: Item 103 of the SEC's Regulation S-K requires disclosure of certain environmental matters when a governmental authority is a party to the proceedings and the proceedings involve potential monetary sanctions unless we reasonably believe the monetary sanctions will not equal or exceed a specified threshold.
+Added: Pursuant to Item 103, we use a reporting threshold of $1,000,000.
Pine Avenue Landfill Matter
2 unchanged sentences
On October 16, 2017, Allied-Niagara received a civil penalty demand from the EPA.
−Removed: The demand proposes a penalty of $0.6 million or $2.5 million, depending on the results of requested sampling analysis at the site.
Allied-Niagara is negotiating a resolution to the FOV, including the amount of the penalty.
+Added: We believe that any penalty assessed by the EPA in connection with this proceeding will not exceed our reporting threshold and therefore, we do not intend to report on this matter in the future.
RISK FACTORS.
Our risk factors are disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2020.
−Removed: There have been no material changes during the six months ended June 30, 2021 from or updates to the risk factors discussed in Part I, Item 1A, Risk Factors, of our 2020 Annual Report on Form 10-K.
+Added: There have been no material changes during the nine months ended September 30, 2021 from or updates to the risk factors discussed in Part I, Item 1A, Risk Factors, of our 2020 Annual Report on Form 10-K.
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.