Anne Madden: Thank you, Deane.
Deane Dray: Yes. I know it’s been a long road. But Honeywell was one of the first to pursue that trust, and you’ve got all the approvals with the plaintiffs and so forth. But great to see it derisked. And just a follow-up on the last question on the geography. Did anything really surprise you in the quarter in terms of the geographies? It seems like Europe — was it just the weather that’s not as dire on the energy side? But what were the surprises on the geographies? And what’s baked in for 2023 major geographies? I know you have a little bit on China, but if you could round that out, that would be helpful. Thanks.
Darius Adamczyk: Maybe I’ll start and Vimal will add any further commentary. I would say, no major surprises, I mean, in terms of how we ended up. I mean, Europe was softer, particularly the UK was really soft in Q4. That probably stood out for us in Europe. But then as we looked at December, the exit rates weren’t actually bad. So November and October were a bit weaker, December exit rates were better. In terms of the overall business performance, I mean, it was actually incredibly consistent with what we guided. I mean, we guided — we came in roughly at the middle of our range, a little bit better on operating margin. I mean we guide for a reason, and that’s sort of where we ended. And by the way, thank you for acknowledging the NARCO.
I mean, I think as you kind of read the articles and some of the other companies out there, I can’t understate how important or overstate how important it is to eliminate liabilities from your balance sheet. And when you can do that permanently with confidence, it substantially derisks the future of the company. I think maybe just didn’t get as much offense as I think it should have because it was a huge deal. It hit up a lot of bandwidth. But I am thrilled to have this liability reduced off the balance sheet. Vimal, if you
Vimal Kapur : So I think the only thing I’ll add is that I think everybody is aware of commentary on US and Europe, so I won’t repeat it. But high growth regions represent a very large part of Honeywell revenue. We do expect China to have a strong growth in 2023. We are cautious in Q1, but very optimistic for the year. But other high growth region markets, we are confident on good growth. Middle East, we have good backlog and a very strong pipeline for orders. India, we remain very optimistic. Turkey, Central Asia, we remain very optimistic, ASEAN. So overall, that part of the word should offset some of the headwinds we see in Europe, and that’s what we are kind of dialing in into our planning process.
Operator: Thank you. That does conclude our question-and-answer session. I would now like to turn the conference back over to Darius Adamczyk for any closing remarks.
Darius Adamczyk: I want to thank our shareholders for your ongoing support. We delivered strong fourth quarter results and continue to navigate effectively multiple uncertainties with the typical level of operational rigor you’ve come to expect from Honeywell. Our future is bright, and we look forward to discussing this further at our upcoming Investor Day in May. Thank you all for listening, and please stay safe and healthy. Thank you.
Operator: This concludes today’s conference call. Thank you for your participation. You may now disconnect.
