2023 Q3 Earnings

Q3 2023 cash flow and balance sheet Adjusted free cash flow $1.9B Adjusted free cash flow conversion 130% Cash returned to shareholders $0.8B 2023 Q3 Earnings | October 24, 2023. All rights reserved. . Q3: $1.9B, up 39% YoY Adjusted free cash flow • YTD: $4.3B, up 37% YoY • Adjusted free cash flow conversion • • Adjusted capital expenditures • Net debt Capital returned to shareholders Q3: 130%, up 360 bps YoY Q3 YoY increase driven by strong inventory management YTD: 115%, up 430 bps YoY Q3: $367M, down 6% YoY . YTD: $1.1B, up 2% YoY • Q3: $10.8B, down 11% YoY • . Q3: dividends $0.8B YTD: dividends $2.5B 3M 7

View entire presentation