“But there's a lot of healthy demand across renewables that we expect to continue into 2024 that contributes towards our free cash generation continue to be greater than 100%.”

In context

“clarity on the PTC. And we do think the orders profile in ‘24, much like the revenue and shipments profile will be more back end loaded than first half loaded and Onshore wind, but with very active individual projects, orders are going to be more flattish than up in Onshore. On Grid, the one point I'd make is, although we aren't going to expect as much in large HVDC orders to the extent we had with tenant in 2023. The reality is, even if you back out the HVDC orders in Grid, our second largest renewables business, our orders in Grid grew by over 20% in 2023. Power transformers as an example, a business we don't talk about as much grew orders by 40%. And we expect to continue to see that strength. So there may be less headline orders of the magnitude of SunZia or the tenant HVDC projects. But there's a lot of healthy demand across renewables that we expect to continue into 2024 that contributes towards our free cash generation continue to be greater than 100%. And that's significant free cash flow growth that we just talked about. Operator: Our next question will come from the line of Sheila Kahyaoglu with Jefferies. Sheila Kahyaoglu: Good morning, guys. Thank you. Hey, Larry, this one's for you. Maybe if you could just offer your perspective on the quality lapses we've seen across the industry? How does it change your approach in regards to ensuring the integrity of your own supply chains as the industry grapples with the LEAP challenges, obviously, but you also mentioned initial GE9X production in 2024? How does that flow into your assumptions on free cash flow for things like inventory build? Larry Culp: Sheila, there's a lot there. I think from a, let's take safety first. I'm strongly of the view that the industry not to speak for the indus”