CenturyLink 2015 Annual Report Download - page 144

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variables held constant. The aggregate potential change in the fair value of financial assets resulting from a
hypothetical 10% change in these exchange rates was $19 million at December 31, 2015.
Certain shortcomings are inherent in the method of analysis presented in the computation of exposures to
market risks. Actual values may differ materially from those disclosed by us from time to time if market
conditions vary from the assumptions used in the analyses performed. These analyses only incorporate the risk
exposures that existed at December 31, 2015.
OFF-BALANCE SHEET ARRANGEMENTS
We have no special purpose or limited purpose entities that provide off-balance sheet financing, liquidity, or
market or credit risk support and we do not engage in leasing, hedging or other similar activities that expose us to
any significant liabilities that are not (i) reflected on the face of the consolidated financial statements,
(ii) disclosed in Note 14—Commitments and Contingencies to our consolidated financial statements in Item 8 of
our Annual Report on Form 10-K for the year ended December 31, 2015, or in the Future Contractual
Obligations table included above, or (iii) discussed under the heading “Market Risk” above.
B-36