“In total, I still feel good that the range of $700 million to $900 million is good for the overall program.”

In context

“e of years. I guess just for 2025, as we're thinking about the low-end versus the high-end of the benefits range. Maybe like how would you kind of handicap what are the key drivers that potentially puts you guys at the low-end of the in versus the high-end of the $900 million benefit range? Monish Patolawala: So I would first say, number one, again, I keep reiterating this just because there's an assumption that's out there that we have assumed that Health Care remains as a part of 3M. That's just the guide but Health Care is on track for a first half '24 spin. Keeping that in mind, when you think about $700 million to $900 million, it's driven by two pieces. One is the pace at which we can execute some of these actions as well as some of the rooftop consolidations that we are working on. In total, I still feel good that the range of $700 million to $900 million is good for the overall program. But as you have seen, Joe, quarter-to-quarter, there's always going to be a little movement because there are multiple actions that we're working through regulations in countries and we're working through making sure we are doing it in a safe manner that you could have a month or two delay. But overall, I still feel good $700 million to $900 million is a good range. Operator: Our next question comes from the line of Stephen Tusa with JPMorgan. Stephen Tusa: I'm still not 100% clear what the sequential decline is in EPS from 4Q to 1Q. Can you maybe just help bridge that a little more specifically? I know there's tax impact there, maybe a little bit of sequential sales decline. I'm just having a little bit of a hard time reconciling the walks. I mean I think you had a $0.07 charge in Forex”