Our Full Potential1 continuous improvement program has delivered more than $2 billion in improvements since 2013, and we continue to be laser-focused on long-term value creation for all of our stakeholders. Our technology program also continues to accelerate based on value and viability, and we’re applying lessons learned to inform our approach as we move forward.
Here are more highlights of Full Potential:
This video may contain forward-looking statements. Please reference the Cautionary Statement on page 2 of our investor presentation.
1 Full Potential: Full Potential cost savings or improvements as used in this video and blog post are considered operating measures provided for illustrative purposes, and should not be considered GAAP or non-GAAP financial measures. Full Potential amounts are estimates utilized by management that represent estimated cumulative incremental value realized as a result of Full Potential projects implemented and are based upon both cost savings and efficiencies that have been monetized for purposes of the estimation. Because Full Potential savings/improvements estimates reflect differences between certain actual costs incurred and management estimates of costs that would have been incurred in the absence of the Full Potential program, such estimates are necessarily imprecise and are based on numerous judgments and assumptions.