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framework, estimate for will related impact find in the appendix, includes Our the our which to QX XXXX you divestment. guidance
ABB look let's improved our our divestment takes management clear significantly strengthened optimization. and at optimization slide to has structure Grids Turning a financial program deliver XX, continues responsible structure financial flexibility. and of approach our The benefits. Power to capital to capital
program capital. about XX% During the quarter, we share have our capital. we purchased buyback company's of To the initial share of of date, commenced our X%
Total a and ABB equivalents addition, to $XX.X in billion. quarter undrawn facilities important way. efficient, at cash, In ended value-maximizing we of the took actions other number an cash deleverage
over of total when terms gross of to reduced ABB's billion or billion by In six repaid borrowings October bond it and $X have a including have billion September. we levels about debt debt end recently, early the facilities, $X.X credit months matured. €X worth in
approximately impact $XXX to approximately our contribution of to million. of way a respective are make within and cash $XXX We a deleverage, of reduce were pension agreed million. pension to parties. $X.X insurers and liabilities worked pension of by and billion by to These million obligations review liabilities future impact an certain P&L worth enabled during structures the transferred underfunded significantly third were about pension P&L plan In plan our non-operational third-party cash and quarter. transactions less likely. liabilities total, pension about negative the transactions These costs These flow have underfunding on also $XXX transfer we efficient
our quarter further same flow of ABB's and and about expect improve pension the $XX reviews non-operational continue At over from At additional flexibility time, cash credit finance we million We this will costs debt $XXX to of structures. of anticipate operations. with the date, financial fourth in expenses million. approximately our cash we pension, contributions
We And closing back be this with capital pass complete of to year-end. structure Björn remarks. to by largely for me phase optimization you program expect with his that, let our
