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What changed 10-K
Item 3. Legal Proceedings
2022-03-01 compared with 2021-03-03 · 2 added, 2 removed, 7 unchanged (36% of the section changed)
1 unchanged sentence
The Company is involved in litigation and claims incidental to our business.
−Removed: We provide accruals for such litigation and claims when payment is probable and reasonably estimable.
−Removed: The Company believes it has adequate accruals for continuing operations for all of its legal and environmental matters.
+Added: We provide accruals for such litigation and claims when we determine it is probable that a liability has been incurred and the loss is reasonably estimable.
+Added: The Company believes it has adequate accruals for all of its legal and environmental matters.
We cannot estimate the aggregate possible range of loss for our existing litigation and claims for various reasons, including, but not limited to, many proceedings being in preliminary stages, with various motions either yet to be submitted or pending, discovery yet to occur and/or significant factual matters unresolved.
4 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.