13% Free Cash Flow Margin
14% Ex-BBD (1)
Reflects adjusted free cash flow (FCF)
For FCF adjustment details, click here
1. 4Q24 financial results include impact of the Bombardier Agreement (BBD) announced on December 2, 2024, resulting in a reduction to Sales of $0.4B, Net Income of $0.3B, and Cash Flow of $0.5B.
2. For the twelve months ended December 31, 2023, impact of settlements was $1,001 million, net of tax benefit of $252 million, due to settlements related to the NARCO Buyout, HWI Sales, and UOP Matters.