“To the extent that things look a little bit better in the back half into '26, then we'll let it a little bit more out.”

In context

“gnificantly investing in growth investments this year. The number is about $175 million. And when you parse that, there's significant more an ad merch, there's more in the sales force. There's more going into R&D. As I mentioned, we're up 150 people there. We're pushing people from PFAS into R&D, into new product development as well. So we're pushing up our R&D spend as a percentage of sales. All those pieces, I think, are going in the right direction. And there are some things that are happening on the IT side that are systems related to driving growth. So all of those things we're trying to be smart and prudent and invest in to actually stimulate long-term growth by recognizing where the macro happens to be today. So I think we're being balanced here, Jeff. We look at it very carefully. To the extent that things look a little bit better in the back half into '26, then we'll let it a little bit more out. But we watch it very carefully. Operator: Our next question comes from the line of Julian Mitchell with Barclays. Julian Mitchell: Maybe just wanted to start with the Slide 4 where you run through some of those macro buckets. I'm just trying to understand within General Industrial and Safety, the improvement there based on sort of self-help market share efforts at 3M. It sounded like that, but I wondered what you're assuming for the sort of core macro environment in the back half? And maybe just give us any understanding of how recent demand trends have evolved across different markets in the last couple of months? William Brown: Okay, Julien, I'll start here and Anurag can jump in as well. I'm god you pointed that chart out. We spent a lot of time putting it together to make it as clear”