As a reminder, I highlighted three focus areas where we are working as a team to drive shareholder value: deliver above-market revenue growth, expand operating margins to historic highs and return 85% of free cash flow to shareholders. I’ve just discussed our revenue growth.

Now here’s an update on our operating margin and capital deployment. Our multi-year “Agile Agilent” program is re-engineering the company to be more efficient, nimble and externally focused. As of the third fiscal quarter, we have delivered $35 million of the expected gross savings of $50 million in 2015 from our combined actions.

We are committed to achieving a 22% operating margin by FY ‘17, a three point improvement over FY ‘14, while continuing to invest for long-term revenue growth. With the margin improvement results over the past two quarters, we are very confident in our ability to deliver on our margin expansion goals.

Now turning to capital deployment. As previously guided, we are on track to return $500 million this year to shareholders in the form of dividends and buy backs. In Q3, we repurchased $99 million of stock, bringing our year-to-date repurchases to $267 million.

With respect to guidance, we are reaffirming our previous FY 2015 EPS guidance of $1.68 to $1.72, as the operating model of the new Agilent continues to drive profitable growth and margin expansion.