Karen Fletcher | Vice President of Investor Relations |
Scott Santi | Chairman and CEO |
Michael Larsen | Senior Vice President and CFO |
Andrew Kaplowitz | Citi |
Jeff Sprague | Vertical Research |
Mirc Dobre | Baird |
Ann Duignan | JPMorgan |
Andy Casey | Wells Fargo Securities |
Ross Gilardi | Bank of America |
John Inch | Gordon Haskett |
Jamie Cook | Credit Suisse |
Joe Richie | Goldman Sachs |
Steven Fisher | UBS |
Nigel Coe | Wolfe Research |
Good morning. My name is Julianne, and I will be your conference operator today. At this time, I would like to welcome everyone to the conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.