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In this Excel tips video, the presenter demonstrates how to highlight cells containing dates that are past their due dates. The process involves using the TODAY function to obtain the current date automatically, allowing the spreadsheet to update dynamically. The tutorial shows how to identify and highlight those past-due dates in a data set where each activity has an associated due date. The presenter emphasizes selecting the entire data range and utilizing the appropriate Excel features to achieve the highlighting. This method ensures that any date past today's date is visually marked for easy identification.