6 unchanged sentences
Interest on our borrowings is based upon variable rates.
−Removed: We had $800.0 million outstanding on the credit facility as of May 2, 2020.
−Removed: We did not have any outstanding borrowings on our credit facility as of May 4, 2019.
−Removed: A hypothetical 1% increase in interest rates on variable rate debt would have increased interest expense for the 13 weeks ended May 2, 2020 by approximately $1.0 million.
+Added: We had $800.0 million outstanding on the credit facility as of August 1, 2020.
+Added: We did not have any outstanding borrowings on our credit facility as of August 3, 2019.
+Added: A hypothetical 1% increase in interest rates on variable rate debt would have increased interest expense for the 26 weeks ended August 1, 2020 by approximately $3.0 million.
Foreign currency exchange rate risk
We are exposed to risks from foreign currency exchange rate fluctuations on the translation of our foreign operations into U.S.
−Removed: dollars and on the purchase of goods by these foreign operations that are not denominated in their local currencies.
+Added: dollars and on the purchase of goods by these foreign operations that are no denominated in their local currencies.
Our exposure to foreign currency rate fluctuations is not material to our financial condition or results of operations.
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.