What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2020-08-24 compared with 2019-08-27 · 1 added, 2 removed, 32 unchanged (9% of the section changed)

23 unchanged sentences

We seek to mitigate the credit risk of our portfolio of fixed-income securities by holding only high-quality, investment-grade obligations with effective maturities of 37 months or less.

We also seek to mitigate marketability risk by holding only highly liquid

securities with active secondary or resale markets.

We also seek to mitigate marketability risk by holding only highly liquid securities with active secondary or resale markets.

However, the investments may decline in value or marketability due to changes in perceived credit quality or changes in market conditions.

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.