Thomas Ostrom Enderswas a United States diplomat... (wikipedia)
We are in a cyclical business and it is good to have a lot of cash on the upswing in case you have a downturn ... we might also use the firepower for some acquisitions in the future.
We want to intensify our global reach into other markets.
I don't think that this will topple the Franco-German balance; it can be done respecting that.