2 unchanged sentences
Interest Rate Risk .
−Removed: As of December 31, 2021, we had an aggregate of $2.8 billion of indebtedness that bears interest at variable rates, comprised of borrowings under the ABL, accounts receivable securitization and term loan facilities.
+Added: As of December 31, 2022, we had an aggregate of $3.5 billion of indebtedness that bears interest at variable rates, comprised of borrowings under the ABL, accounts receivable securitization, term loan and repurchase facilities.
See note 12 to our consolidated financial statements for the amounts outstanding, and the interest rates thereon, as of December 31, 2022 under these facilities.
−Removed: As of December 31, 2021, based upon the amount of our variable rate debt outstanding, our annual after-tax earnings would decrease by approximately $21 for each one percentage point increase in the interest rates applicable to our variable rate debt.
+Added: As of December 31, 2022, based upon the amount of our variable rate debt
+Added: outstanding, our annual after-tax earnings would decrease by approximately $26 for each one percentage point increase in the interest rates applicable to our variable rate debt.
The amount of variable rate indebtedness outstanding may fluctuate significantly.
6 unchanged sentences
and Canada, and have a limited presence in Europe, Australia and New Zealand.
−Removed: During the year ended December 31, 2021, our foreign subsidiaries accounted for $955, or 10 percent, of our total revenue of $9.716 billion, and $134, or 7 percent, of our total pretax income of $1.846 billion.
+Added: During the year ended December 31, 2022, our foreign subsidiaries accounted for $1.154 billion, or 10 percent, of our total revenue of $11.642 billion, and $233, or 8 percent, of our total pretax income of $2.802 billion.
Based on the size of our foreign operations relative to the Company as a whole, we do not believe that a 10 percent change in exchange rates would have a material impact on our earnings.
1 unchanged sentence
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.