Robust Cash Flow

Cash generation was strong: adjusted free‑cash‑flow conversion exceeded 100 % for the quarter, with free cash flow of $0.5 billion and cash returned to shareholders totalling $2.41 billion, comprising $2.4 billion in share repurchases and dividend payouts. For full‑year 2026, management reiterated guidance of adjusted EPS $8.50–$8.70, organic sales growth of about 3 %, and free‑cash‑flow conversion above 100 % targeting more than $4.5 billion in free cash flow.