Joe Massaro: Yes. Let me start with bookings. I’ll work my way down. As Kevin mentioned, we think — it was in Kevin’s presentation, we see line of sight to, call it, another $32 million — $32 billion of bookings in 2023. I would say mix should be generally consistent with 2022. They always can be a little lumpy, but continue to expect growth in SVA and active safety, obviously, in high voltage. But I think that profile, the sort of the current profile is probably a pretty good proxy. Again, bookings are lumpy. They always have been. But that, I think, is probably the best proxy, and we did want to provide a target, obviously, for next year, which is something new, but we’ve got a lot of confidence in what we’re seeing. From a segment perspective, if you want to talk sort of growth or growth over market, full year, I’d have ASUX at around 12% growth over market full year.
SPS at about 8% growth over market full year. And then I’ll give you — I’m not going to go quarter-by-quarter, obviously, on the margin cadence. But if you think about sort of full year margins by segment — and again, we got to work through the disruption costs and some of the FX we’ve talked about. But I would think about SPS in that 11% to 12% range, and ASUX in that 8% to 9% range, full year OI margin.
Itay Michaeli: Terrific. That’s all. Very helpful. Thanks so much.
Operator: We’ll move next to Mark Delaney from Goldman Sachs.
Mark Delaney: Yes, good morning. Thank you for taking the questions. First, on margins to the extent the stop start schedule volatility and the input cost inflation environment were to moderate. Do you think Aptiv could get back into that historical target of 12% to 14% type EBIT margins, or given how pricing discussions with customers have evolved in the last few years with more things now on pass-throughs. Do you think some of those lower costs may actually get passed out to the OEMs.
Kevin Clark: Listen, I think if the disruptions and the significant material inflation that’s over the last couple of years goes away, we definitely get back to what our historical margin trajectory was. And then when you overlay what we’ve done from a portfolio standpoint, and where we sit, whether that’s mix of more high-voltage electrification, more advanced ADAS solutions, the benefits of Wind River and Intercable actually have the ability to go above that. So it’s a combination of both.
Mark Delaney: That’s helpful. Thank you. My second question was on Wind River. You spoke a bit on this already in the prepared remarks, but could you elaborate more specifically on what Aptiv will do this year to help Wind River have improved customer dialogue with the automotive types of companies, in particular, given all of Aptiv’s expertise and relationships with that industry. Thanks.
Kevin Clark: Sure. So in reality, going back, we signed a commercial agreement with Wind River over a year ago well and over a year ago. And in reality, our teams have been working closely together, both in terms of developing the final product for automotive applications as well as in commercial discussions. I’d say the traction we’ve hit over the last quarter or so has hit a significant level at this point in time. So a number of introductions across the various regions. I think as I mentioned in my prepared comments, there’s a deep level of engagement with several OEMs in every region at this point in time. And we’re very optimistic, and I’m very confident that you’ll see meaningful announcements in 2023 with respect to Wind River’s penetration of the automotive space.
Mark Delaney: Thank you.
Operator: We’ll move next to Chris McNally from Evercore.
