“We are now increasing our expectations for ME&T free cash flow, which we anticipate to be near the top of our target range for the full year.”

In context

“offset. In Energy & Transportation, we expect a higher margin versus the prior year, primarily impacted by favorable price realization. So, turning to Slide 18, let me summarize. Although sales and revenues were lower than we had expected, adjusted operating profit margin and adjusted profit per share were generally in line with our expectations. We now anticipate our top-line for the full year will be slightly below our prior estimate. Our backlog increased slightly and remains at a very healthy level. Our expectations for full year adjusted operating profit margin and adjusted profit per share remain unchanged compared to a quarter ago. We continue to expect adjusted operating profit margin to be above the top end of the target range for the full year based on our expected sales levels. We are now increasing our expectations for ME&T free cash flow, which we anticipate to be near the top of our target range for the full year. Our team executed well in the quarter, and our results continue to benefit -- to reflect the benefit of the diversity of our end markets and the disciplined execution of our strategy for long-term profitable growth. And with that, we'll now take your questions. Operator: Thank you. We will now begin the question-and-answer session. [Operator Instructions] We'll take our first question from Jerry Revich at Goldman Sachs. Jerry Revich: Yes. Hi. Good morning, everyone. Jim Umpleby: Good morning, Jerry. Jerry Revich: Andrew -- hi. I'm wondering if we could just take a step back. Your margin performance this year is really outstanding relative to the long-term targets. And as you see it, is this level of outperformance sustainable or should we take the pricing headwinds that we spoke about in”