everyone. morning, good and John, Thanks,
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over exchange earnings $X.XX share performance control unfavorable reflects driven improvement strong an a and price impact per earnings per XX%, year. This representing from foreign of volume, cost of translation. increased disciplined $X.XX also quarter Third $X.XX share last by
cash XX% business shareholders of flow for to invest cash more continue cash of we capital capital invested the discuss sequential through exceeded on improvement Free return flow to share significantly dividends free continued in and later quarterly demonstrated as return cost quarter in of million the in detail. Our will results. repurchases. $XX our and I
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in detail the capital our me let deployment Now quarter.
Mexico our with Monterrey, investments capital expenditures, facility, allocation to element cash its investments the announced in acquisitions company an ProAll remains increase to and X. dividend X% million year. is and $XX We $X.XX, We prior on The capital had shareholders our A technology to quarterly share Acculon disciplined and important of large schedule over of which primarily related million. an continue Returning August. continued is $XX strategy. associated of invest with our of portion expenditures budget. our of business in capital per
We $XX the of in shares quarter. million also repurchased
prospects, Given our long-term we Terex operating investment. growth performance are shares an attractive and believe
remaining We of to balance our cash The company's repurchase sheet $XXX million shareholders has year-to-date. strong us on allowed $XX return to have program. approximately million share
third quarter decrease. has quarter Outstanding have reduced a X.X% million and or the XX% million third $XXX years the the $XX delevered XXXX since past a gross over XXXX, four since of We debt and our of strengthened balance by significantly decrease sheet. been
X% We debt have of XX% of end no of and fixed the is near-term decade. maturities until XXXX, until our rate the at a
X.Xx net Our cycle. low below through the at leverage which remains X.Xx, well target is our
company position business. We $XXX The the run is million. and excellent to have ample an liquidity in grow of
currency backlog, year now expect to our an incorporates members and per per to raising team the our $X.XX. outlook Slide XXXX additional of outlook and our of prior has This successfully anticipate our uncertainty challenges share to outlook. we strong we the of We XX continue, XX Now a and our foreign $X. and from volatile the due impact prior year Supply versus three pressures, $X our unfavorable exchange approximately turning Thanks robust full Overall, to XXXX. per quarters prior year. our chain of full FX range. share for outlook. execution geopolitical negative end inflation these foreign upper markets earnings of challenges, to team $X.XX are navigated share
for the continued execution expect year. We remainder of strong the
sales supports approximately supply the a of are chain now backlog strong of Our function deliver which we but components. our have not the outlook, ability rather billion. $X.X Sales increased demand, to to
past. capacity to internal have the have in produce which the more, We we demonstrated
maintain and is full foreign our the by been growth management based For unfavorable sales. year, volume sales offset approximately full growth execution on of we XX.X% has X%. price our of excellent, cost improved outlook SG&A X%, exchange of partially XX%, of of year
X%, approximately share in on We end upper approximately was repurchase updated at prior range. count of million estimate Our our margin $XX.X to outlook current a has which of based X. the operating year. been activities the
full We effective of XX%. are reaffirming tax our year rate
levels negative we While the expect sequential primarily a of million. of foreign quarter, $XXX disruption year Corporate higher been flow in to This inventory free cash the million. due we & Other $XX result improvement flow full chain expect supply free approximately is fourth cash reduced now has and to exchange.
target. We above margins the to incremental our expect be quarter in XX% our fourth
to with MP's to operating an strong upon approximately supply chain the challenges of chain XX% margin challenges of to performance sales continue Supply successful disruptive segment expect to XX.X%. billion outlook. of date, we be costs, Turning $X.X segment. net range and mitigation the input Based AWP persistent in
of pound. net the segment full of the operating impacted and deliveries, strengthening sales This been the approximately $X.X margin negatively management made euro progress expect team's approximately on estimating billion. year U. has the cost we However, by out a British to and X%. dollar Incorporating the team and the of initiatives, S. expense we has are
the to to be We neutral price/cost year. expect continue for full
We to are turn to it per to with $X raise pleased will of $X.XX. to back John. you, earnings share that, range a outlook And our I
