Key Highlights Net Sales: Q2 2025 Net sales increased 2% to $5,240.1 million, compared to $5,139.4 million in Q2 2024. Organic net sales increased 1%. For the first six months, net sales essentially matched the same period last year, totaling $10,088.2 million. Volume growth contributed positively, but this was partially offset by unfavorable net price realization and mix. Operating Profit: Q2 2025 operating profit increased 33% to $1,077.9 million, compared to $811.8 million in Q2 2024. This was primarily due to a goodwill impairment charge in fiscal 2024, lower restructuring charges, lower input costs, and a favorable change in the mark-to-market valuation of certain commodity positions and grain inventories. For the six-month period, operating profit increased 10% to $1,909.4 million. Earnings Per Share (EPS): Diluted EPS increased 39% to $1.42 in Q2 2025 from $1.02 in Q2 2024. For the first six months, diluted EPS increased 13% to $2.45. Adjusted Performance (Non-GAAP): Adjusted operating profit for Q2 2025 was $1,064 million, a 7% increase on a constant currency basis. Adjusted diluted EPS was $1.40, a 12% increase on a constant-currency basis. Adjusted operating profit for the first six months was $1,929 million, a 2% increase on a constant currency basis. Adjusted diluted EPS was $2.47, a 6% increase on a constant-currency basis. *These adjustments factor out items like restructuring, acquisition integration costs, and mark-to-market effects, and aim to provide a clearer picture of underlying business performance. Cash Flow: Net cash provided by operating activities was $1,774.7 million for the six-month period. The company noted an increase in cash and cash equivalents of $1,874.8 million over the six-month period, ending at $2,292.8 million.