John Stankey: So Dave, thanks for asking the question that I guess, needed to be asked. I’m limited in how much I can say. I’ll try to be somewhat responsive to share. But if you are unsatisfied with a little bit of the background I give here, I apologize, but you also have to understand we’re in a unique position that we do have actual litigation pending right now on some of this out in Lake Tahoe, and that maybe puts us in a little bit different place. So I need to be somewhat sensitive around that. So, let me start at the back end, and then I’ll try to tick through. I don’t think it changes my point of view of how I think about the dividend. I don’t — that hasn’t come into characterization right now. When I go through your questions, we’ve had relationships with federal state regulators on all safety issues for a very long time.
Lead being one of them, we work with our workplace regulators, we work with external environmental regulators. And as you know, we are a big company and we do an awful lot. We work with a variety of different substances and materials that are regulated, and we have infrastructure inside of our business of health and safety organizations that do this stuff professionally, and it’s been part of the DNA of our business. We have those relationships, we communicate, we share data. I think as you know, we provide health plans to an awful lot of employees, and we pay attention to whether or not our employees are doing well on a variety of things, and we care about whether or not they’re healthy or if we’re spending money, fixing things, why are things broken in people’s health.
That’s been a virtuous cycle or something that we spend a lot of time and energy on, it’s just part of the DNA of our business. And I think to answer your question, and those normal cycles and those interactions as anybody come in and said, “Hey, we’ve got issues around what you’re doing with lead cables or you’re not handling this correctly”. The answer is no. Have we — as part of that rigorous enforcement that goes on, have we had circumstances where compliance with a particular thing maybe has popped up, and we’ve had to go in and demonstrate compliance or do things, of course. That’s what regulators do, and that’s what workplace safety people do. And I think we’re proud of our track record and what we’ve been able to do. And I think the constructive relationship that we have with our labor union around workplace safety and the fact that we’re constructively working through this issue with them right now is indicative of something that’s been in place and has just been kind of the DNA of what we do.
We haven’t disclosed anything out publicly about claims, because there hasn’t been anything material to disclose is what I would tell you. And I don’t know that I would go any further than that. And the way we’re talking to credit agencies around this issue is exactly how we’re talking to you about it. So, I don’t think there’s anything we’ve shared with them in context that we haven’t given to them, it’s any different than what we shared with you right now.
David Barden: Okay, John. Thank you.
Operator: Our next question will come from the line of Peter Supino of Wolfe Research. Please go ahead.
Peter Supino: Hi. Thank you. I wanted to ask about Consumer Wireline segment margins. Thinking about the longer run, could you just update us on the time line for legacy network shutdowns? And are there permanent differences between the long-term heading of your margins in that business and those of pure-play broadband businesses? Thanks.
