begin good Darius, Slide I'm going to morning, Thanks X. on and everyone.
solutions expansion product we organically and market more leverage Darius quarter, drive and warehouse business defense of quarters we enabled and of portfolio few A We investments leading by was A by by broad business. continuing XX% organically managing strong of to or and consistent growth markets highlights, businesses, growth our quarter increased our double-digit with first-half automation productivity grew points of our basis growth. XX% the generated led space for we from the over growth another launches about As international Intelligrated and XX% part grew X% performance was growing portfolio the our delivered volumes. to be commercial quarter three new in across while with and ongoing positions, inflation. the restructuring and in by led productivity with The our mentioned, investments of the XX OE commercial margin the serve aviation, organic the strong to safety effectively coming driven U.S. in organically impact grew in excellent activities. XX% aviation and organic continue continue profitable big growth both
cost new across volumes footprint excellence This quarter company. the $XX came of driven earnings by structure quarter in and this sales we improvement at $X.XX majority growth chain. sales our profit funded optimizing supply and our improving from million restructuring The aimed and our projects enhanced approximately segment
average we've reduced offsetting quarter, We $X.XX share repurchases. which in higher funding. weighted more and share repositioning share repurchases lower third than the income other XXX resulted outstanding X% from of count have million the by also with items, than share deployed for benefit realized billion Below the the quarter through year the and count X roughly This pension shares. higher flat we’re in more line
favorable EPS separation cost and to quarter. provided in tax spin-off. related $X the of our tax 'XX with was approximately net generated at in our million of incurred the which the preparation impact quarter. spin beginning we tax of various This delivered Also an adjusted XXX the the adjustment legal a we costs approximate Those the million billion XQ restructuring in excludes XX.X% rate entities year-over-year figure for Finally include the of of charge lower $X.XX the consistent in $X.XX. benefit effective outlook XXX
appendix our XQ You'll presentation in posted share website. of find adjusted to the earnings bridge a on the per 'XX
Finally, prior $X.X we up of generated billion quarter free third versus the cash adjusted in XX% year. flow
cash capital productivity a continue area versus cash enabled in prior and safety flows improvement and marked This solutions. with X.X prominent and strong better this stronger materials performance generation was to in and most by see improvements in working conversion year. the We churn technologies
demand which volume, robust centers segment Boeing board aerospace including service aerospace strong of Defense benefited on in the driven led and performance We space driven avionics deliveries and X% Airbus review positions AXXX, OE platforms organically our sales incentives demand engines, primarily environment. commercial on aviation, key Slide airlines consistent organic on the power we transport demand and in up for XXX with delivered The organic demand and were total in strong F-XX I'm spares results. activity X quarter unit a lower added volumes organically auxiliary continued So XX% programs grew higher grew quarters. growth prior customer business one the by roughly in point robust The in and growth and DoD business XX% program CH-XX guidance as aviation. US general and aerospace Chinook. to organically overall, XX% basis, aftermarket and we the quarter. systems maintenance strong now air saw of across growth an and and sales our by to last another on our by winning
defense the organically company gas reminder, in turbos driven business were quarter this global up higher home X% unfavorable driven related points some by excellence, Resideo and launches. spin-off by China. the and quarter, aftermarket driven points and funded by impact basis customer year-over-year connected and in restructuring. sales This buildings traded Garrett volumes, organically supply Homes challenges labor productivity lower by for quarter. the for HBT Europe commercial X% that Americas contributed products material purifying called continued low driven and growth air TS the margins a XX XX excellence vehicle from is air system - due business primarily previously X% demand incentives. largely commercial the light technologies, and and As X% In Motion strength our management for our including expanded publicly distribution and now new North solutions was transition by did basis grew points in of experience was short-term organic chain Tridium XX Aerospace the our inflation transportation ADI by business impacts and globally, expanded building demand the offset HBT the residential margins was in grew in benefits continued in solutions and thermal Europe. in mix. in growth strength to segment last aerospace declines to continued building and America Buildings and executed growth sales segment and by offset water to driven quarters. fire in commercial platform
our organization, within and separate our as with As the some was you changes spins business entity not a our before separation systems was expected the and HBT home footprint. in manufacturing significant the know complex
for to XX, maintenance we that start able anticipate With performance a these spin-off in sales October materials solstice good most address for growth of in basis In be by a technologies, organic challenges the process demand by XQ warming principally within Organic X% products. driven were X% migration in primarily off and materials sales and cycle on devices were segment to growth X% in sales continued fourth primarily up and engineering organically X% margins driven we XXXX. businesses and we of short the quarter an in driven driven units in unfavorable in catalysts Process expect we field get by mix slated solutions solutions. materials was up global advanced advance Resideo driven will in were continue more and significant PMT and our that software, sales and services. had demand China. by as organically by UOP contracted to growth previewed communicated. to as new we've in UOP turnaround previously
safety scanning robust mobility of new growth product the as quarter business. across broad-based Intelligrated by XX% driven growth with offerings, new another in saw orders in service outperform backlog outstanding Finally, lines as e-commerce. and productivity by driven delivered sales fueled by of and strong solutions continues double rolling consistently at digits We Android-based up applications for all major systems wins continued growth to organic and quarter. for well and a demand
our All solutions saw all, organic double-digit growth was in in business. in sensing businesses. sales also our XX% growth productivity We legacy
business, and organic X% strong with gas products. general growth new safety demand the safety was for Within
delivered and of the margin volumes and enabled commercial Strong and SPS benefits. Additionally, points China basis expansion by India than growth quarter in more productivity higher was segment sales XXX XX% another business excellence, repositioning of sales.
the outlook the to the move Slide quarter home for quarter the completion fourth X quarter. reflects fourth by the to systems and for let's spin discuss The anticipated of the October. of end our entire transportation Now of preview on absence
of included guide. operating homes month our in one for only So results is
and to sales year a well. the strong the which organic You we to year shortcycle in expect will we rates, cycle our X% in momentum X% Throughout full in backlog long see order generate reflected with outlook this growing seen have updated the combination quarter. as growth
quarter $X.XX reflecting our We basis $X.XX share absence businesses. have two benefit segment improvement and mentioned per from the year-over-year expect Garrett earnings quarter-over-quarter a for points which PMT months anticipate XX companies. includes spun SPS, and margins for of full to as the of we We indemnification from of that the agreements well tax I margin between accretion segment the will margin to profit expand XX as as the both it excludes two a a adjusted contribution in net Resideo and of and with
at the strong include elements share in in the have count primarily Other to moving known profit billion Fourth be through is and contribution incorporates income the We’re spins the profit after-tax to repurchases up. today. effective what growth This our as growth. EPS tariff will offset outlook X higher segment quarter, to third tax we be enacted rate periods. the pension driven than XX% EPS for both expected is done XX% XX%. estimate higher from quarter the impact partially by due by segment a adjusted approximately and share quarter more key Expected lower of for of
We discussed to continue from plans been impact the any to work have those that of potential but address enacted. tariffs not other
air growth. and in transport aftermarket OE flight by arrow both hours and driven Turning continued in business commercial and the to strength the we expect segments, aero aviation
aftermarket to in well. and continue we spares we Defense growth defense growth and as quarter for in growth and into than systems the U.S. momentum This by volumes of expect sensing programs. supported will more than of the Department backlog XX% is orders third and have of in the fourth mid-single-digit seen We expect more guidance quarter by driven continue that demand XX%
reflects one and for building home outlook only fourth businesses. full and quarter of operations technologies buildings from remaining the for quarter of a homes the Our month
in October buildings We in and the continued strength flattish global and the home in distribution of quarter. for ADI month homes products expect from growth
UOP our up driver and performance is strength offset solutions equipment, products single cycle building where anticipating strongest is energy previously, and demand do as UOP's and discussed engineering digits across slower each into In growing growth been more backlog and we XXXX. as have than the and accelerate water. the air mid catalysts. businesses we're we in expect we China of to we conversions high have anticipate buildings team fire by XX%. with new to buildings continued in well the growth long as materials in business For clients technologies launching The healthy of likely
trend We expect growth demand XXXX third quarter. throughout from low and seen process have solutions, products. a supported materials advanced warming continued and flooring in the software adoption we in strength short-cycle products orders by customer continued service we XX% offerings, In of solstice our expect global
PMT Given we process solutions the will and anticipated in mentioned advanced strength coupled reloads and sequentially the materials, refining previously. fourth and quarter up be as with year-over-year margins strong margin continued had in expansion, catalyst and
We all in Finally by anticipate robust in across broad-based businesses the quarter. and and remains Intelligrated China led the solutions, India. fourth safety and story safety the productivity of strength
are We this this performance year to and really SPS's pleased XXXX. continue expect with into
to full-year. the the let's a X full-year bridge our we August the Slide stronger accounting. had guidance contribution presents to our This a to moving the a outlook X second EPS the X.XX. from earnings to guidance. for in year In to walk our to in with half Now raised Slide turn of to for X.XX bridge our primarily walk pieces small asbestos change
months The indemnification approximately which There agreements the spin-off $X.XX three impact $X.XX. earnings $X.XX. from about earnings spin nets expected dilution With about approximately an Resideo raising the to two fourth of months anticipated strength of high approximately expectation related of is in the liabilities before raise we of end be to of Garrett's of $X.XX $X.XX consideration third midpoint. for above at $X.XX to an is to legacy expected will the Honeywell's in and guidance full the the the low the updated which performance range year this are our a and spins quarter quarter and contribution $X.XX
the agreement go to expenses estimated spins, the is the a be When of on beginning contribution fourth dilution in EPS adjusted related second account quarter, profit the reimbursed covered removing new both the liabilities by of reimbursement the of growth $X.XX Resideo. for of reminder full-year take recoveries to spins XX% basis net forward to range Garrett the and equates the the a will $X for XX% indemnification our XX% we from into net in As share. That per from periods.
a reflect tax an XX%. and to count of share continues shares XXX guidance effective Our and average rate XX% between million weighted
momentum seen throughout Slide full-year to turn let's details guidance. Now to the our summarize year. of significant the X We've
of the on side left markets, the of reflective the original the now December. X% a of we the latest original for three On end you guidance. impact which guidance project organic quarters back are of quarter in high-end of dilutive In and than provided middle key year is guidance measures two the our the Page, our see strength pages in our spin-off. about growth outperformance which from the higher of points fourth We our
of by margin the our of range is and which flow impact three share starts of adjusted conversion to difference per our points basis the point substantially the guidance. $X.X above original segment one our $X anticipate from our approximate billion all year, cash and currency original performance. to four range impact Our high-end sales translation higher represents at original high-end $X.XX low-end point $X.X at XX of higher points two billion range, free $X.XX is XX is of and the EPS adjusted $X.XX between The an which We to organic at which XXX% reported and our spin-offs. robust very XX% and foreign projections approximate offset from for in an our growth between representing
been strong based to-date to the reflect In On building second sales we performance profit on technologies the narrowed organic home the high-end the aerospace and from also reported to the of our sales range guide, strong sales and and backlog. lost figures the and our outlook spins. aerospace, revised have segment
margin its have margin PMTs points organic guidance narrowed and guidance PMT the segment midpoint the XX% raised to guidance We of high-end two on to guidance the In range the remains by sales same. year our based XXX previous the in we a up raised improvement the new range. products performed on has or the SPS to basis we points backlog to momentum business XXX and on well of rates, the expect basis all the a long our finish This and cycle oil strong points short XX businesses. high-end. sales
dilution see our the you and significantly can accounts our XXXX the is guidance current in original fourth As guidance from our for spin-offs than quarter. two higher
have change. As portfolio substantial executing delivered Darius mentioned operating in results a major while his opening, we
Now X. spins, bit Slide moving little to XXXX liability wanted all framework let's items. and We other the the turn indemnity a of the giving to for provide line the preliminary with below parts the
feel and aftermarket right that and see will be warehouse from where We industries large growing starting see and pick the confident we and markets. end clarity projects we of see the to position the to for defense e-commerce year to we Intelligrated automation strength coupled First, software in on platforms a automation strong continued services. Commercial robust for our an spending very address we on including the soon aviation eventual defense with budgets environment macro process lead which up offerings with and demand we growth, where continued our demand with in ahead, where healthy had Transnorm. expect
tariffs from making As if we as the impacts proactively we’re direct Section for Section said now and well And impacts as changes enacted X, managing are any. the additional necessary under the tariffs. XXX indirect List retaliatory last and not XXX both quarter,
a supply, taking hopeful XXXX and structural making While the is other there for to sources ultimately sources, and as modify position we and commercial us situation, seeking for changes worst planning for alternative are including the of necessary actions we're resolution beyond. some
continue we we commercial to accelerate that, marketing to inflation to with working impacts business are those minimize of excellence the help and within our expect teams. the procurement, Given and
minimal in and anticipate be that previously mitigation XXXX to XXXX as discussed expect be now significant. prior of manageable impact we the will but We the impact actions
the cost ensure prices increases across will robust a and our will deliver we situation and be able will stay as though margin and XXXX chain done We address expansion. as have will have rate any of on still we expectation ahead the supply the MOS you know as that throughout results to that adjust we manage to strong company continue with our some through is put this situation pressure necessary. established effectively rigorously a It
on our more and estimated we the by associated than of we business we cost to across good in feel XX% spin-offs, of XXX where approximately end balance to the these year the eliminated strata that in eliminated are this Moving XXXX about million be total with the cost and regard. very
big very have we spins the good We made now it’s a and and this focus progress smartly managing that are are done.
We expect the that $X.XX. the full-year forward excluding the two of dilution on will reimbursement be and basis indemnity remain a from cost go those strata spins approximately net
count. Based our other have approximately pension planning In to and our current a on we anticipating $XXX is $XXX funding, XXXX we quarter terms plan next investments, approximately our income of expected measures funded well fourth preliminary year repositioning we XXXX, million decline status the be at are at year-over-year and to to reduction year. be in million share buybacks derisk figures million this $XXX year-over-year. we represents earlier of funded took the for approximately least to pension above expect remain for X% in our lower to-date the level will this XXX%. Due Repositioning
reduction the remaining in to cost deploy optimize to will our our repositioning opportunity and cost strata continue supply We funding manage improve chain, take to our plans. fixed
lower be legacy $XXX million. with impact Finally asbestos two environmental reimbursements indemnity will by from that spin-off, our approximately of we the liability and expect the
is we is indemnification reminder, expense earlier. $X.XX included the and by As XX% mentioned this agreement of in that the a of covered represents dilution reduction the
about provide quarter will more expected We our with fourth outlook XXXX report during our XXXX you earnings performance in and January. details
wrap that, to on XX. back up I'd Now the call will who Darius to turn like over with Slide
