“This reflects an assumed glide path from Q2 to an endemic run rate level in Q4.”

In context

“you some color on each of these elements. So starting with the $750 million increase in the outlook for the core business, this reflects a strong performance in Q2 and a $100 million increase in the core organic outlook for the second half of the year, and that second half raise reflects higher price we put in place to offset higher inflation versus the previous guidance. As I mentioned previously, the increase in core revenue guidance raised the full year outlook for core organic revenue growth from 9% to 11%. This very strong growth performance reflecting excellent commercial execution and strong share gains. In terms of our COVID-19 testing revenue assumptions, the $500 million increase for the year includes $400 million beat in Q2 and a $100 million increase in the assumption for Q3. This reflects an assumed glide path from Q2 to an endemic run rate level in Q4. There continue to be scenarios where testing demand could be higher than this level. And should that be the case, we’re well positioned to support customer needs. And as we did in the first half of the year, will flow the benefits of that through our P&L. But for now, we thought it was prudent to continue to take a de-risked approach to the outlook. In terms of FX, we’ve incorporated current rates into guidance, and we now expect FX to be a year-over-year headwind on of $1.25 billion on revenue, up 3.2%. The FX headwind on adjusted EPS in 2022 has increased by $0.31 to $0.84 for the full year or 3.3%. The $0.31 change includes a 34% headwind in the second half of the year versus that previous guidance. In terms of profitability, we expect to deliver $110 million more adjusted operating in”