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In this video tutorial, the process of using conditional formatting in Excel to change the color of rows based on dates over one year old is demonstrated. First, all records are selected, and the Home tab is accessed to create a new conditional formatting rule using a formula. The fill color is chosen for formatting. The key aspect is writing a formula to identify dates older than one year, utilizing the DATEIF function. This function requires three arguments: the start date, the end date, and the interval (in this case, years). The start date is the first date in the selected range, ensuring the formatting applies across the relevant rows.