(Reuters) – General Electric (NYSE) Co. Tuesday’s full-year earnings were lowered from its prior forecast due to supply chain disruptions that continue and increasing freight and material costs.

While we are still within the January outlook range, inflation is a major concern. We continue to adjust our efforts and we tend toward the bottom of the range. Larry Culp, Chief Executive Officer at GE.

The company forecast that organic revenue will grow to 2022 in the single-digits, with free cash flow expected to range between $5.5 billion-$6.5 billion.