6 unchanged sentences
We had $1.5 billion in outstanding principal under the ABL Facility at December 31, 2025 .
−Removed: To manage interest rate risk, in January 2024 and January 2023, respectively, we executed interest rate swap agreements relating to an aggregate of $500.0 million and $750.0 million in notional amount of variable-rate debt under our ABL Facility.
+Added: To manage interest rate risk, in January 2024 and January 2023 we executed interest rate swap agreements relating to an aggregate of $500.0 million and $750.0 million, respectively, in notional amount of variable-rate debt under our ABL Facility.
The January 2024 and January 2023 swap agreements provide for us to pay effective fixed interest rates of 3.70% and 3.44% per annum, respectively, and receive a variable interest rate equal to one-month term SOFR, with maturity dates of June 30, 2027.
8 unchanged sentences
These gains and losses are primarily driven by intercompany transactions and rental equipment purchases denominated in currencies other than the functional currency of the purchasing entity.
−Removed: These exposures are included in currency (gains) losses, net, on the consolidated statements of operations.
−Removed: To date, we have not entered into any hedging arrangements with respect to foreign currency risk.
+Added: These exposures are included in currency losses, net, on the consolidated statements of operations.
Although demand from certain of our customers is seasonal, our operations as a whole are not impacted in any material respect by seasonality.
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.