Paul Alexander | Vice President of Investor Relations |
Mike Hsu | Chief Executive Officer |
Maria Henry | Chief Financial Officer |
Ali Dibadj | Bernstein |
Lauren Lieberman | Barclays |
Dara Mohsenian | Morgan Stanley |
Wendy Nicholson | Citigroup |
Bonnie Herzog | Wells Fargo |
Cody Ross | Goldman Sachs |
Andrea Teixeira | JPMorgan |
Olivia Tong | Bank of America |
Steve Strycula | UBS |
Caroline Levy | Macquarie Capital |
Kevin Grundy | Jefferies |
Ladies and gentlemen, thank you for your patience and holding. We now have your presenters in conference. Please be aware that each of your lines is in a listen-only mode. At the conclusion of this morning's presentation, we will open the floor for questions. At that time, instructions will be given as to the procedure to follow if you would like to ask an audio question.