2022 Preliminary Trends and Outlook

Capital Deployment Full Year 2022 ● . ● Capital Expenditures ~$2.0 Billion Independent Research & Development ~$1.5 Billion Dividend Payments ~$3.0 Billion Next 12-18 Months ● Up to $6.0 Billion in Share Repurchases Disciplined and Dynamic Capital Allocation Strategy Chart 11 October 26, 2021

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