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That was nearly 65 years ago

Academic Press, San Diego, p 345 Maxwell JC (2010) The Maxwell report: year end and fourth quarter 2009 sales estimates for the cigarette industry

We followed the pack as they meandered up the inlet to their starting formations

I was immensely surprised to find that they kept my feet warm and comfortable at -16 for the best part of half a day with absolutely zero concessions

Likewise, if the company does not engage in M&A moving forward (which is not a safe assumption, but is one that is easier to approximate), FCF conversion would be materially higher, as evidenced by historical performance