“Yes. Both statement are true, and then the OE destocking issue also goes away because the rates will convert to the normal baseline.”

In context

“ike said is all transitionary issue items. If you see the margin-related discussions we have, the OE mix as a transition because of the destocking, R&D is -- we evaluate it to a level we can perform for the future. So that's going to become new normal. And then CAES acquisition is only going to become a tailwind in the future. So these are not your other question, is that a new baseline. Answer is no, because these issues are transitionary, and we have very high confidence on the Aero margin projections we have laid out. Julian C.H. Mitchell: Got it. And just following up on that, Vimal. So the sort of R&D hike, you think by the end of this year, kind of R&D to sales in Aero shouldn't be a headwind next year, and then CAES margins start to improve over the next year or so. Vimal M. Kapur: Yes. Both statement are true, and then the OE destocking issue also goes away because the rates will convert to the normal baseline. That's why I mentioned these are all transitionary issues. By the way, on the R&D spend, the R&D spend rise is not only in Aerospace. It's across all 4 segments of Honeywell. We feel continued confidence on our ability to accelerate organic growth through new products. We see part of that happening in Building Automation, pockets of Industrial Automation, Aerospace, we talked about wins. But overall, we have a meaningful acceleration of R&D spend for the right projects. And this is going to set up a new baseline for Honeywell for the future. So this is again a transitionary for the overall company. We don't expect that to repeat in the year ahead at the same level. Operator: Our next question is from Andrew Obin with Bank of America. Andrew Burris Obin: Can we just talk a little bit about”