3 unchanged sentences
entities own assets or liabilities denominated in U.S.
−Removed: dollars or other currencies.
−Removed: Exchange rate fluctuations impact taxable income in those jurisdictions and consequently impact our effective tax rate.
+Added: dollars or other currencies, and exchange rate fluctuations in those jurisdictions may impact our effective tax rate.
Our balance sheet also reflects amounts remeasured from non-U.S.
6 unchanged sentences
dollar net balance sheet exposures.
−Removed: As of December 31, 2020, we had forward currency exchange contracts outstanding with a notional value of $416 million to hedge net balance sheet exposures (including $147 million to sell Japanese yen, $85 million to sell euros and $82 million to sell British pounds).
+Added: As of December 31, 2021, we had forward currency exchange contracts outstanding with a notional value of $313 million to hedge net balance sheet exposures (including $127 million to sell Japanese yen, $82 million to sell British pounds and $42 million to sell euros).
Similar hedging activities existed at year-end 2020.
8 unchanged sentences
The mutual funds hold a variety of debt and equity investments.
−Removed: • Investments in venture capital funds – includes investments in limited partnerships (accounted for under either the equity method or at cost as non-marketable equity securities).
+Added: • Investments in venture capital funds – includes investments in limited partnerships (accounted for under either the equity method or at cost with adjustments to observable market changes or impairments).
• Equity investments – includes non-marketable (non-publicly traded) equity securities.
7 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.