26 unchanged sentences
Dollars will be converted.
−Removed: The majority of this hedging activity occurs at P&WC and Collins Aerospace, and hedging activity also occurs to a lesser extent at the remainder of Pratt & Whitney.
−Removed: At P&WC and Collins Aerospace, firm and forecasted sales for both original equipment and spare parts are hedged at varying amounts for up to 49 months on the U.S.
+Added: The majority of this hedging activity occurs at P&WC and Collins, and hedging activity also occurs to a lesser extent at the remainder of Pratt & Whitney.
+Added: At P&WC and Collins, firm and forecasted sales for both original equipment and spare parts are hedged at varying amounts for up to 49 months on the U.S.
Dollar sales exposure as represented by the excess of U.S.
6 unchanged sentences
We have financial instruments that are subject to interest rate risk, principally fixed-rate debt obligations.
−Removed: A 100 basis points unfavorable interest rate movement would have had an approximate $4 billion i mpact on the fair value of our fixed-rate debt at both December 31, 2021 and 2020.
+Added: A 100 basis points unfavorable interest rate movement would have had an approximate $3 billion and $4 billion i mpact on the fair value of our fixed-rate debt at December 31, 2022 and 2021.
The investors in our fixed-rate debt obligations generally do not have the right to demand we pay off these obligations prior to maturity.
3 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.