Investor Presentaiton

1. REINVEST IN THE BUSINESS Our Investments are Driving Strong Returns ROIC and Invested Capital -15% ~11% ~$34B $17B 2010 Invested Capital 2019E ROIC, after-tax Note: Adjusted for special items; non-GAAP financial measures reconciled in Appendix • Approximately 400 basis points of ROIC improvement on a $17 billion increase in invested capital base since 2010 Compounding benefits of reinvestment support long-term growth ▲ DELTA 74

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