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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2021-03-01 compared with 2020-02-25 · 1 added, 1 removed, 33 unchanged (6% of the section changed)
12 unchanged sentences
Impact of 100 basis point increase in market rates on fair value (709) (458)
−Removed: As announced in July 2017, LIBOR is expected to be phased out by the end of 2021.
+Added: As most recently announced on November 30, 2020, LIBOR is expected to be phased out starting on January 1, 2022 for the one-week and two-month USD LIBOR settings and starting on July 1, 2023 for the remaining USD LIBOR settings.
Uncertainty as to the nature of alternative reference rates and as to potential changes or other reforms to LIBOR may adversely impact our interest rates and related interest expense.
19 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.