“One, as we’ve talked before, it takes time for these effects to flow through the P&L, so generally expect them to be more back half weighted versus front half weighted.”

In context

“ice architecture as it stands now, and do you think that also related to the fabric and fem care basic capacity increase, so you’re now on shelf and you can be more tactical in some price points? Then Andre, on the cost side for fiscal ’24, I think that you’re calling a net benefit of $100 million in your net commodities plus FX and plus logistics. I understand that you used the spot prices, and to the extent numbers come in better than that, would you see more of a need to reinvest or potentially flow through some of the savings into the bottom line? Thank you. Andre Schulten: I’ll start with the commodity question, commodity FX question. You’re right - $800 million [indiscernible] help on commodities offset by $400 million in FX and $200 million in interest expense. A couple of points. One, as we’ve talked before, it takes time for these effects to flow through the P&L, so generally expect them to be more back half weighted versus front half weighted. The same is true with any incremental help, so if we see incremental help, it can take up to six to nine months for it to flow through the P&L, so we need to keep that in mind. But I’ll give you the same answer I think we’ve given before, Andrea - we are ROI driven, and it’s really less defined by do we get more commodity help or less commodity help, are we within guidance range or outside of guidance range. The discussion is, is this the right investment to drive the strategy and create sustainable value, and if it is, we’ll do everything possible to make the investment work. Obviously if commodity help is coming, that’s an easier decision, but we’ll be 100% ROI driven both in the short term and the long term investments. Jon Moeller: As relates to opening price points, that’s a very fai”