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  "documentTitle": "Kenvue | IPO Presentation Deck | 36 slides",
  "authorId": "kenvue",
  "authorName": "Kenvue",
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  "presentationDate": "2023-04-01 00:00:00",
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  "nDataPoints": 6,
  "notes": "The slide outlines a four-pillar capital allocation framework.",
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      "text": "Cash flow of >$2bn",
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      "text": "Cash flow defined as 'Net cash flow from operating activities less Purchases of property, plant, and equipment;' for FY2022; Cash flow and Adjusted EBITDA are non-GAAP measures...",
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      "text": "Healthy balance sheet: Strong liquidity position; Prudent management of debt levels, with 2.4x – 2.5x gross leverage, or 2.1x on a net basis, expected at close",
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      "text": "Disciplined M&A: Continue to evaluate growth and value enhancing opportunities; Disciplined approach selectively targeting tuck-in acquisitions",
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      "text": "Attractive dividend policy: Expecting to pay a quarterly dividend of $0.20 per share; Quarterly dividend policy will be a key element of capital allocation strategy",
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      "text": "Commitment to disciplined capital stewardship",
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