|Nicholas Rolli||VP, IR and Financial Communications|
|Judy Hong||Goldman Sachs|
|Michael Lavery||Piper Jaffray|
|Adam Spielman||Citigroup Inc|
|Bonnie Herzog||Wells Fargo Securities|
|Vivien Azer||Cowen and Company, LLC|
|Chris Growe||Stifel Financial Corp|
Good day, and welcome to the Philip Morris International First Quarter 2018 Earnings Conference Call. Today's call is scheduled to last about one hour including remarks by Philip Morris International management and the question-and-answer session. [Operator Instructions]. Media representatives on the call will also be invited to ask questions at the conclusion of questions from the investment community. I will now turn the call over to Mr.