“As you know, we don't guide to book-to-bills or orders, but basically the guide is built on the assumption that as we have 0.9 here for the year, we'll exit our year with high single-digit or better growth.”

In context

“very well. We have strong conviction about its future while maintaining a meaningful M&A envelope. And I put out there this, this is important that our free cash flow is nearly $6 billion and our net leverage is about two turns. So we feel well positioned here with various alternatives. Scott Davis: Makes sense, Rainer. Guys, well the book-to-bill in Cytiva, will that cross 1 in 3Q or maybe said a different way, has it already crossed 1 since we're already a month into the quarter? Rainer M. Blair: Well, our book-to-bill is 0.9, Scott. And as we've said, in order to make our full year guide here of bioprocessing being down low single digits we have to maintain the 0.9. And that's certainly how the first half has played out here, and we're confident that, that will continue to be the case. As you know, we don't guide to book-to-bills or orders, but basically the guide is built on the assumption that as we have 0.9 here for the year, we'll exit our year with high single-digit or better growth. Scott Davis: Thanks a lot Rainer, thank you guys. Appreciate it. Rainer M. Blair: Thanks Scott. Operator: Thank you. Our next question will come from Vijay Kumar with Evercore ISI. Please go ahead. Vijay Kumar: Hi Rainer. Good morning to you and congrats on a nice finish here. One, maybe a high level on -- maybe talk about the competitive pricing environment. Any change, I think where I'm going with the question is given the mix it signals from different players, there is some fear whether competitive pricing environment could be great, so maybe talk about what you're seeing in the market? Rainer M. Blair: Vijay, look for the second quarter, all up for Danaher, our pricing was up 100 basis points right around there. And for 2024 as a whole, we think we will likely be a little above our hi”