“I would say it is normal seasonality with the, EPS growing by 30 seconds, 30¢ in the back half equal between Q3 and Q4.”

In context

“d operating margin based on your 2026 guidance? Should we expect like normal seasonality? Not sure if there are like any other dynamics that we need to be aware Sure. Anurag Maheshwari: Let me take that question. You should see the normal seasonality. Through the course of the year as well. You know, our guide says we are gonna be over 3.5% for the year. The first half was 3.3%. So, clearly, there is gonna be acceleration in the second half. You should see a lot more coming from productivity as well both in the supply chain as well as some of the transformation projects that we have undergoing We see the benefits of that come through. Both of them will more than mitigate the pickup and stranded costs and investments that we are gonna make to ensure that this is sustainable for the future. I would say it is normal seasonality with the, EPS growing by 30 seconds, 30¢ in the back half equal between Q3 and Q4. Appreciate the color, Anurag. Thank you. Thank you. Operator: Our next question comes from the line of Deane Dray with RBC Capital Markets. Please proceed with your question. Deane Dray: Thank you. Good morning, everyone. Hey, good morning, Deane. Significant upside in free cash flow, especially compared to your 5-year average. Can you talk about any 1 timers? There was a reference to benefit of tax timing, but also some nice improvement days inventory days. So is that also sustainable in you have some targets that you can share? Anurag Maheshwari: Yes. Thanks. It is a very strong cash flow, just on the back of very strong operational performance. We obviously have good earnings. And the cash conversion cycle continues to do better on the back of lesser inventory. Our inventories improved”