“Partially offsetting these items is approximately $0.13 from lower pension income driven primarily by the actions we've taken to derisk our pension plans including the transaction I just mentioned.”

In context

“d, we expect total RTX sales to be between $92 billion and $93 billion for the full year. On an organic basis, this translates to between 5% to 6% top line growth. By sales channel at the RTX level, and adjusting for divestitures, we expect both commercial OE and defense to grow mid single digits and commercial aftermarket to be up high single digits. Moving to EPS. Let me take you through the year over year walk. For the year, the most significant driver will be segment operating profit, which will drive approximately $0.59 of EPS growth at the midpoint of our outlook range. Included in this segment growth is a headwind of roughly $0.03 associated with the divestitures we completed last year at Collins. And with lower average debt, we expect a tailwind from lower interest of about $0.06. Partially offsetting these items is approximately $0.13 from lower pension income driven primarily by the actions we've taken to derisk our pension plans including the transaction I just mentioned. Finally, we expect a $0.05 headwind from a higher share count and anticipate a $0.06 headwind from all other items largely related to higher minority interest associated with our joint ventures. All in, this brings our adjusted EPS outlook range to between $6.60 and $6.80 for the year. Moving to our free cash flow walk. Operational performance, primarily segment operating profit growth, will drive an improvement of approximately $1.1 billion. This operational improvement includes a slight working capital tailwind as we continue our company wide initiatives to improve inventory management. Specific to powder metal compensation, we expect around $700 million for the year, which results in a tailwind of about $300 million year over year. Partially offsetting these items will be the impact of”