Leading share positions, albeit in slower-growth categories. Strong brand recognition. Exposure to volatile input costs. Limited brand and geographic diversity. We estimate that leverage will remain greater than 5x during the next two years. We expect good free operating cash flow generation. The stable outlook reflects our expectation that Del Monte Foods Inc. will maintain adequate liquidity and leverage at 7x or below, will continue to generate good cash flow, and will apply excess cash flow to debt reduction. We could consider lowering the ratings if leverage increases significantly beyond 7x, or the company is unable to maintain adequate liquidity. We estimate this could occur if the company's revenues decline by over 2% and the EBITDA margin contracts by over
