“we will anniversary AFS in the fourth quarter, the headwind from that, and we expect that to grow in the fourth quarter.”

In context

“think you'll be at 4% year-to-date. You've obviously got the easier compare in the fourth quarter when you lap the U.S. Federal headwind. So any reason to not think the upper part of the full year? 3% to 5% range is a pretty plausible outcome, I mean, unless obviously, if there's some major economic disruption from the Middle East. Angie Park: Jason, the 3% to 5% guide for the full year, which is really 4% to 6% excluding Federal, is our best view based upon what we see today. We had bookings that were really, really strong at $22 billion, which were actually a record for us this quarter, and it's our third consecutive quarter of $20 billion of bookings or more. And so for us, our guided range, we do aim for the top. We'll see how things play out, but it's our best view. And you're right, we will anniversary AFS in the fourth quarter, the headwind from that, and we expect that to grow in the fourth quarter. Operator: And our next question comes from Tien-Tsin Huang with JPMorgan. Tien-Tsin Huang: Nice results here, especially on the free cash flow. I'll also ask on AI if that's okay. Julie, appreciate your comments there on why it's a tailwind, but I was just thinking with these frontier models that are improving so quickly, it's driving a lot of news flow and a lot of debate. And are you seeing any correlation? Or are you tracking this -- how these models and how they're improving and their capabilities improving and how that might impact your bookings growth and conversion to revenue? I'm just trying to understand if there's some kind of correlation or pattern, and how that might impact your numbers here going forward as the frontier models improve. Julie T. Sweet: Thanks, Tien-Tsin. It's”