“And you're going to see us delivering the cash flow despite the $400 million headwind related to the coffee KDP sales.”

In context

“or headwinds or tailwinds that might not be apparent at first glance, if I could say. Thank you. Luca Zaramella: No. Look, I don't think there is anything that you're going to see in terms of outliers that are going to cause material issues or material opportunities in Q3. You're going to see a volume rebound in Europe. As a consequence, I think, obviously, there is going to be a better situation for the totality of the company. I'm not going to guide you exactly on gross profit. But you're going to see double-digit, most likely revenue growth and double-digit EBIT growth. Below the line, the items can vary. But I think when you really look at Q3, Q4, you're going to see strong operating gains coming through the P&L. And I didn't talk a lot about cash flow, but very happy with that, too. And you're going to see us delivering the cash flow despite the $400 million headwind related to the coffee KDP sales. Kenneth Goldman: Thank you. Luca Zaramella: Thank you, Ken. Operator: Our next question comes from Chris Carey with Wells Fargo Securities. Your line is open. Christopher Carey: Hey, everyone. Dirk Van de Put: Hi, Chris. Christopher Carey: So just one follow-up and then just a second question around the guidance commentary. But Luca, I think you said that you expected leverage at the end of the year to be in the 2.5 times range. That would be a historically low level for the company. At that level, how should we be thinking about deployment of capital at that point? You repurchase more shares. You have too many deals recently. And clearly, you're doing great work on Clif. So is there low-hanging fruit on what you've already added? It just stood out to me that you'll be trending toward a h”