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In this Excel tutorial, the presenter demonstrates how to highlight cells containing due dates that are past today's date. To do this, the "TODAY" function is utilized, which automatically retrieves the current date, updating itself each time the file is opened. The example shows that if the present date is October 13, 2009, the function would adjust to reflect the correct date if the file is accessed later. The tutorial guides viewers to first select the relevant data range and proceed to apply formatting to highlight cells where the due date is earlier than today's date, thereby emphasizing overdue activities.