12 unchanged sentences
Foreign Currency Exchange Rate Risk
+Added: Costs incurred and sales recorded by subsidiaries operating outside of the United States are translated into U.S.
+Added: dollars using exchange rates effective during the respective period.
+Added: As a result, we are exposed to movements in the exchange rates of various currencies against the U.S.
Notwithstanding our efforts to mitigate portions of our foreign currency exchange rate risks, there can be no assurance that our hedging activities will adequately protect us against the risks associated with foreign currency fluctuations.
A hypothetical 10 percent price change in the U.S.
−Removed: dollar from its value at July 3, 2022 would result in a decrease or increase in the fair value of our foreign currency forward contracts designated as cash flow hedges to buy Canadian dollars and to sell U.S.
+Added: dollar from its value at October 2, 2022 would result in a decrease or increase in the fair value of our foreign currency forward contracts designated as cash flow hedges to buy Canadian dollars and to sell U.S.
dollars by approximately $17.2 million.
A hypothetical 10 percent price change in the U.S.
−Removed: dollar from its value at July 3, 2022 would result in a decrease or increase in the fair value of our foreign currency forward contracts designated as cash flow hedges to buy British Pounds and to sell U.S.
+Added: dollar from its value at October 2, 2022 would result in a decrease or increase in the fair value of our foreign currency forward contracts designated as cash flow hedges to buy British Pounds and to sell U.S.
dollars by approximately $2.3 million.
2 unchanged sentences
We are exposed to market risk through the interest rate on our borrowings under our $1.15 billion credit facility and our $245.0 million term loan.
−Removed: As of July 3, 2022, we had no outstanding borrowings under our floating rate credit facility not subject to existing interest rate swap agreements and $275.0 million outstanding under our floating rate term loan.
+Added: As of October 2, 2022, we had no outstanding borrowings under our floating rate credit facility not subject
+Added: to existing interest rate swap agreements and $245.0 million outstanding under our floating rate term loan.
A 100 basis point increase in interest rates would result in an increase in annual interest expense of approximately $2.5 million, assuming the $245.0 million in debt was outstanding for the full year.
A hypothetical 10 percent price change in the U.S.
−Removed: dollar from its value at July 3, 2022 would result in a decrease or increase in the fair value of our Euro/U.S.
+Added: dollar from its value at October 2, 2022 would result in a decrease or increase in the fair value of our Euro/U.S.
Dollar cross currency swaps designated as cash flow hedges by approximately $28.4 million.
A hypothetical 10 percent increase in the U.S.
−Removed: interest rates at July 3, 2022 would result in an increase in the fair value of our U.S.
+Added: interest rates at October 2, 2022 would result in an increase in the fair value of our U.S.
dollar interest rate swap designated as a cash flow hedge by approximately $0.4 million, while a 10 percent decrease would result in a decrease in its fair value of $0.4 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.