10 unchanged sentences
These changes were applied to our total monetary assets and liabilities denominated in currencies other than our local currencies at the balance sheet date to compute the impact these changes would have had on our net income before income taxes.
−Removed: These changes would have resulted in a gain or loss of $63 million at March 31, 2022 and $277 million at December 31, 2021 assuming no foreign currency hedging.
+Added: These changes would have resulted in a gain or loss of $86 million at June 30, 2022 and $277 million at December 31, 2021, assuming no foreign currency hedging.
Interest Rate Risk
2 unchanged sentences
We do not enter into derivative instruments for trading or speculative purposes.
−Removed: A hypothetical 10% change in interest rates on our floating rate debt would have increased or decreased our interest expense by an immaterial amount for the three months ended March 31, 2022 and 2021, respectively.
+Added: A hypothetical 10% change in interest rates on our floating rate debt would have increased or decreased our interest expense by an immaterial amount for the six months ended June 30, 2022 and 2021, respectively.
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.