Risk Factors Update Summary
- Sales from China increased from 13% to 60% of total sales, a significant shift.
- Operational costs affected by elevated inflation and interest rates in 2022 and 2023.
- Increased focus on AI risks, potential harm to business, reputation, and increased costs.
- Increased debt from $18 billion to $19 billion, impacting financial flexibility.
- Shift from 58% to 60% of sales from customers outside the U.S., impacting revenue sources.
- Potential negative impacts from military conflicts on business and financial statements.
- Increased emphasis on cybersecurity risks due to AI technologies and remote work.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=313616&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.