What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2022-02-15 compared with 2021-02-16 · 2 added, 2 removed, 17 unchanged (19% of the section changed)

5 unchanged sentences

This amount was determined by considering the impact of hypothetical interest rates on the Company’s borrowing cost and year-end debt balances by category.

Foreign Currency Exchange Rate Change Risk:

Foreign Currency Exchange Rate Risk:

Fluctuations in the value of the U.S.

dollar compared to foreign currencies, including the Euro, also impact the Company’s earnings.

dollar compared to foreign currencies, including the Euro, can impact the Company’s earnings.

The greatest risk relates to products shipped between the Company’s European operations and the United States, as well as intercompany loans between Timken affiliates.

9 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.