Adjusted Operating Income: $455 million, up +9.8%, as benefits from Project Energize and Supply Chain Reinvention, infant formula manufacturing recovery and favorable FX more than offset gross profit ...
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The reconciliation from net cash flow (used for) provided by operating activities to free cash flow is shown in the table below (in millions): ...
Net sales of $1.04 billion declined 3.5%, due primarily to an unfavorable impact of 3.2% from divested businesses, exited product lines and currency translation. Organic 1 net sales decreased 0.4% as ...