“Recent record backlog levels, ongoing strength in our biggest end markets, aerospace and energy, as well as impending recovery in our short-cycle business will support strong result as we progress through 2024.”

In context

“oying the operational power of Accelerator 3.0, and executing on a robust portfolio optimization strategy, which will enable us to achieve our long-term targets. I look forward to the next phase of transformation and remain optimistic about the tremendous opportunities we are uncovering to capture value, drive incremental sales growth, expand margins, and generate more cash. We'll continue to track our progression closely and update you as these efforts increasingly transfer into our enhanced financial performance. Now, let's turn to Slide 11 for closing thoughts before we move to Q&A session. We delivered on all of our 2023 commitments. We are confident in our ability to weather the dynamic macroeconomic and geopolitical backdrop with operating rigor you have come to expect of Honeywell. Recent record backlog levels, ongoing strength in our biggest end markets, aerospace and energy, as well as impending recovery in our short-cycle business will support strong result as we progress through 2024. I remain optimistic about the future of Honeywell and believe the company is well-positioned to drive the innovation needed to solve some of the world's most challenging problems. The future is really what we make it. With that, Sean, let's move to Q&A. Sean Meakim: Thank you, Vimal. Vimal and Greg are now available to answer your questions. We ask you please be mindful of others in the queue by only asking one question and one related follow-up. Camilla, please open the line for Q&A. Operator: Thank you. We will now be conducting a question-and-answer session. [Operator Instructions] Our first question comes from the line of Steve Tusa with JP Morgan. Please proceed with your question. Steve Tusa: Hi, good morning. Vimal Kapur: Hey, Steve. Greg Lewis: Good morning Steve. Steve Tusa: Can”