“But I think as we look forward, we're probably looking at something on a mid-single-digit basis at a gross level low single digit on a net basis, at least with respect to spare parts.”

In context

“n retirement rates? H. Lawrence Culp: Myles, maybe I'll speak to price and Rahul can take retirements. I think if you just step back for a moment, I think you know well, our pricing philosophy we make significant investments in next-generation platforms, obviously, provide a lot of value to our customers, while taking on considerable risk. So we really try to price more broadly with appropriate returns around those commitments in mind. I think the way we've looked at price here is really to have price more than offset inflation in '25 between what we're doing in CES services, call it up at a mid-single-digit level on a net basis. That includes spare parts, right? Where in some instances, we might do a little bit better than that. It's really dependent on which program we're talking about. But I think as we look forward, we're probably looking at something on a mid-single-digit basis at a gross level low single digit on a net basis, at least with respect to spare parts. But also keep in mind that as we move past launch, I think Rahul touched on this in his prepared remarks. We anticipate to see better pricing dynamics. And fundamentally, it's all about moving beyond launch, right? LEAP is well into the life cycle now, but it does take time to see that fall through. Typically call it, 8 years thereabouts post an agreement to really see that in the P&L. So a lot of volume here, work scope expansion in a number of areas, a little bit of price. That's how you get to that double-digit top line number that we're looking at between now and '28. Yes. Rahul, do you want to talk to retirements? Rahul Ghai: Yes, I can talk retirement. So Myles, you're right. I mean the last couple of years have been really low. I mean even this year, through the first 6 months of t”