8 unchanged sentences
We conduct business on a worldwide basis and, as such, a portion of our revenues, earnings, and net investments in foreign affiliates is exposed to changes in currency exchange rates.
−Removed: The economic impact of currency exchange rate movements is complex because such changes are often linked to variability in real growth, inflation, interest rates, governmental actions, and other factors.
+Added: The economic impact of currency exchange rate
+Added: movements is complex because such changes are often linked to variability in real growth, inflation, interest rates, governmental actions, and other factors.
These changes, if material, could cause us to adjust our financing and operating strategies.
5 unchanged sentences
We execute derivative transactions with highly-rated financial institutions to mitigate counterparty risk.
−Removed: Our net sales to customers located outside of the United States represented approximately 76%, 69%, and 62% of our total net sales in 2023, 2022, and 2021, respectively.
+Added: Our net sales to customers located outside of the United States represented approximately 77% of our total net sales in 2024.
We expect that net sales to customers outside the United States will continue to represent a large percentage of our total net sales.
Our net sales denominated in currencies other than the U.S.
−Removed: dollar represented approximately 4%, 3%, and 3% of total net sales in 2023, 2022, and 2021, respectively.
+Added: dollar represented approximately 5% of total net sales in 2024.
A 10% change in foreign exchange rates would have an immaterial impact on the consolidated results of operations since most of our sales outside the United States are denominated in U.S.
3 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.