6 unchanged sentences
In addition to floating-rate borrowings, we at times use interest rate swaps to manage the mix of fixed- rate and floating-rate debt.
−Removed: At September 30, 2022, the estimated fair value of our long-term debt including current maturities was $3,620.6 million compared to a face value of $3,941.9 million.
+Added: In March 2023, we issued $550.0 million of 5.80% fixed-rate debt maturing in March 2026.
+Added: Concurrently, we entered into fixed-to-floating interest rate swap agreements designated as fair value hedges in the amount of $550.0 million.
+Added: Under these swap agreements, we receive a fixed interest rate of 5.80% (matches the fixed rate we pay on the $550.0 million of debt) and pay daily compound SOFR plus 0.241%.
+Added: The changes in the fair value of these swaps designated as fair value hedges are recorded in interest expense consistent with the change in fair value of the hedged fixed-rate debt.
+Added: At March 31, 2023, we recognized a net asset of $3.0 million equal to the fair value of this swap and a corresponding increase in the fair value of the hedged fixed-rate debt.
+Added: At March 31, 2023, the estimated fair value of our long-term debt including current maturities was $3,770.7 million compared to a face value of $3,941.6 million.
The estimated fair value was determined by averaging several asking price quotes for the publicly traded notes and assuming par value for the remainder of the debt.
5 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.