“So, yeah, the target is to get back to that $7 billion. We'll be close to that mind view. We'll see whether we can dare cross it or how close we can get that business to get us there.”

In context

“know that OCI Woodside startup is gonna be phased through the course of the year. So I would expect fully that the backlog will see projects $2.5 to $3 billion come off and get started up and start contributing to revenue and earnings. So that's exactly what we would like to see happen. The pressure on the businesses and the teams are aware of my expectations that we will grow back the backlog. And I feel good about the pipeline of projects that we're currently working on and some fairly advanced as well, which I expect we will fully make as I mentioned in my prepared remarks, a little bit earlier. Some really large wins around fabs that I'm hopeful that we will be able to get to a point of being able to get to announcing, you know, having signed them up and put them in the backlog soon. So, yeah, the target is to get back to that $7 billion. We'll be close to that mind view. We'll see whether we can dare cross it or how close we can get that business to get us there. Operator: And our next question comes from the line of Toni Jones with Roth Child. Toni Jones: Sanjiv, earlier you talked about your restructuring that you booked in the fourth quarter. If we take that $230 million, can we assume a roughly one-to-one ratio to savings? If we do that, it points to something like a 70 basis point margin uplift in '26. Or maybe we get it in the second half when it rolls forward. Is that reasonable? And then just to think about net margin expansion, how do you see OpEx inflation tracking over the year? Thank you. Sanjiv Lamba: Thanks, Toni. So the easy way to answer that is, typically, you've heard us say this previously as well, so I'll just reiterate that. Our restructuring paybacks on a cash basis tend to be on average about two years. And I think if you ta”