Doug Leggate

“Let me echo, Matt, what a turnaround in the last year after all you've been through. But I do, if I don't mind, I'm going to follow up on Manav's question and ask the question about cash a little differently.”

“Richard, you and Sunil have worked together for a very, very long time. It's really fascinating to see what you've come up with as a leadership team here, and I've got two specific questions, if I may.”

“And Clay, or I guess it's probably directed to you, Clay, rather than Shane, but when you think about the use of free cash flow, you've laid out the story about the $9 billion of debt and so on.”

“The first one, I want to take you back to your first comment about the trade-off between the balance sheet and your buybacks. I think you've been more vocal than most about avoiding pro-cyclical share buybacks, but you could do some serious damage to your balance sheet with the kind of free cash flow you're generating.”

“Marianne, it's great to hear you on the call. I wonder if I could hit one very specific question and one follow-up. My specific question is on capture rates.”