Paul Alexander | Vice President of Investor Relations |
Mike Hsu | Chief Executive Officer |
Maria Henry | Chief Financial Officer |
Bonnie Herzog | Wells Fargo |
Steve Powers | Deutsche Bank |
Lauren Lieberman | Barclays |
Jason English | Goldman Sachs |
Andrea Teixeira | JPMorgan |
Ali Dibadj | Bernstein |
Olivia Tong | Bank of America |
Steve Strycula | UBS |
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 remarks, 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.