Karen Fletcher | Vice President of Investor Relations |
Scott Santi | Chairman and Chief Executive Officer |
Michael Larsen | Senior Vice President and Chief Financial Officer |
Andrew Casey | Wells Fargo Securities, LLC |
Jeffrey Sprague | Vertical Research Partners LLC |
Jamie Cook | Credit Suisse |
Andrew Kaplowitz | Citibank |
Mircea Dobre | Robert W. Baird & Co., Inc. |
John Inch | Gordon Haskett Research Advisors |
Ross Gilardi | Bank of America Merrill Lynch |
Joseph Ritchie | Goldman Sachs & Co. |
Ann Duignan | J.P. Morgan Securities LLC |
Steven Fisher | UBS |
Nicole DeBlase | Deutsche Bank |
Nathan Jones | Stifel Nicolaus & Company, Inc. |
Josh Pokrzywinski | Morgan Stanley |
David Raso | Evercore ISI |
Welcome, and thank you for joining ITW's 2018 Fourth Quarter Earnings Call. My name is Sheryl, and I will be your conference operator today. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. Please note, today's conference is being recorded.