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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2024-02-26 compared with 2023-02-16 · 1 added, 1 removed, 18 unchanged (10% of the section changed)
13 unchanged sentences
A uniform 10% weakening of the U.S.
−Removed: dollar against all currencies would have resulted in a charge of $13.8 million related to these hedges, which would have partially offset the otherwise favorable impact of the underlying currency fluctuation.
+Added: dollar against all currencies would have resulted in a benefit of $19.4 million related to these hedges, which would have partially offset the impact of the underlying currency fluctuation.
In addition to the direct impact of the hedged amounts, changes in exchange rates also affect the volume of sales or foreign currency sales price as competitors’ products become more or less attractive.
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.