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Formulas > Error Checking is now a split button. The button opens the Error Checking dialog as before, and its arrow opens a menu with Error Checking… and Circular References. Circular References lists a cell on each circular reference as Sheet!A1, up to 100, and picking one selects it on its own sheet and scrolls the grid to it. With no circular reference the item is unavailable. The calculation kept only the loops its latest run found, so typing in any cell outside a loop emptied the list, and the status bar's Circular References with it, while the loop was still there. A partial recalculation now keeps the loops among the formulas it does not evaluate. In automatic calculation a loop leaves the list once an edit breaks it. In manual calculation only the edited formulas run, so a listed cell stays until it is edited or the workbook is recalculated. A full recalculation or iterative calculation builds the list again.