7 unchanged sentences
For 2022, there were average daily cash balances of approximately $2.4 billion maintained in such accounts.
−Removed: We estimate that a 1% change in interest rates would equate to approximately $9.3 million of net income on an annual basis.
+Added: We estimate that a 100 basis point change in the interest earnings rates would equate to approximately $9.1 million of net income, net of income taxes, on an annual basis.
The effect of changes in interest rates attributable to earnings derived from cash balances we hold for clients is partially offset by changes in interest rates on our variable debt.
At December 31, 2022, we had total debt of $7,129.9 million, including $5,129.1 million of variable interest rate debt.
−Removed: As of December 31, 2021, a 1% change in LIBOR would result in a change in interest expense of approximately $39.7 million per year.
+Added: As of December 31, 2022, a 100 basis point increase in interest rates would result in a change in interest expense of approximately $51.3 million per year.
Equity price risk
10 unchanged sentences
These transactions consist primarily of cross-currency intercompany balances and trade receivables and payables.
−Removed: As a result of these transactions, we have exposure to changes in foreign currency exchange rates that result in foreign currency transaction gains and losses, which we report in other (expense) income.
+Added: As a result of these transactions, we have exposure to changes in foreign
+Added: currency exchange rates that result in foreign currency transaction gains and losses, which we report in other income (expense).
These outstanding amounts were not material for the year ended December 31, 2022.
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.