Plans to prioritize attractive bolt-on transactions between $1B-$7B. Also plans smaller, strategic investments that tuck-into ongoing business offerings. Says: Record backlog and improving short-cycle fundamentals to deliver strong results in 2024 and beyond; Improving business mix, commercial excellence, and productivity actions provide confidence in 2024 margin expansion guidance; Portfolio actions accelerating; continuing to execute on $25B+ capital deployment commitment. Comments taken from investor presentation slides.
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