[fbergen]

they keep iterating that foreign exchange is a big part of the non-US decline, but I fail to find how much in the PDF

[alberth]

“Our third quarter revenues were $69.1 billion, up 6% versus last year or up 11% on a constant currency basis.”

Constant currency means excluding impacts of FX.

11% growth (constant currency) vs 41% growth last year is still has huge slowdown in growth.