And so as the debt comes down, I think there's kind of two things that happen. One, the interest expense comes down, and so that balancing point on free cash flow neutrality is enhanced. And then the other is kind of your question, which is, do you even feel the need to hedge at all? And I think that's something that we'll just continue to address as we work towards that debt reduction. But the direction of travel is as you suggested, which is as the business delevers, the need to hedge goes down.

May 8, 2024 / receipt, needs a key / Brendan, CEO | earnings call 2024-05-08 | transcript 03d53812-b6ed-491d-a46e-c3828ac80bec | chars 29479-29981 | segment 29

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