“We anticipate more cost increases will come through on a broad-based set of inputs.”

In context

“ahead and anticipate inflation by pricing ahead of it. And so that the rates increases are kind of in the ballpark of inflation would be the normal expected kind of trajectory. And so what we're seeing is, yes, we've been passing through the commodity increases. Again, we don't price -- we don't pass through to the peak. We're not chasing the spot market. We are hedged on commodities. And so as the prices come up, clearly, we know when the hedges are going to roll off, and we need to pass through those. But the commodities are not the majority of the cost base. We've got a lot of service and other inputs, and we are seeing broader-based inflation than just commodities up and down. And so as those come through, we pass them through. And so we've passed a good bit through so far this year. We anticipate more cost increases will come through on a broad-based set of inputs. And we will continue locally in each country because it's very different. We will continue to pass those through. And what that's likely to look like in terms of rate is we'll kind of be at inflation or slightly behind headline inflation as it goes up with the layover of price/mix. Operator: Our next question comes from Steve Powers from Deutsche Bank. Steve Powers: Yes, I think this question is probably for John. And congrats, John, on the new role. But I guess I was hoping you could give us just maybe a bit more insight into your line of sight into productivity and cost savings over the balance of the year and whether the philosophy from here is still more to reinvest those savings to drive profit growth through accelerated revenue and expense leverage. Or whether, given the higher infl”