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      "text": "FCF1 ($M) 2017: 7, 2018: 52, 2019: 114, 2020: 280, 2021: 74, 2022: 207, 2023 Estimate: 350, 2028 Target: $400M+",
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      "text": "Ample Cash Flow for Reinvestment and Potential Strategic Initiatives2",
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      "text": "(1) Free cash Flow (FCF) is defined as cash provided by operating activities less net capex. Refer to the appendix for additional information.\n(2) Free cash flow is expected to be used for certain non-discretionary expenditures, as well as reinvestment and potential strategic alternatives.\nReconciliations for Non-GAAP measures are presented in the appendix",
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      "text": "Proprietary to Owens & Minor, Inc.",
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