Risk Factors Update Summary
- Many of our businesses derive revenues from large projects or key customer relationships.
- Acquisitions involve risks including potential impairment charges associated with goodwill and other intangibles.
- Failure to meet evolving ESG reporting expectations could result in lost sales and increased costs.
- Cybersecurity threats are increasing in frequency and sophistication, potentially leading to exposure.
- Changes in tax laws could impact earnings, with goodwill and intangible assets valued at $1.385 billion.
- Currency conversion risk could have a material impact on earnings and cash flows.
- Commodity, currency, and interest rate hedging activities may adversely impact financial performance.
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=88205&owner=exclude
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