Patrick Nolan | BorgWarner, Inc. |
Frédéric Lissalde | BorgWarner, Inc. |
Ronald T. Hundzinski | BorgWarner, Inc. |
Richard M. Kwas | Wells Fargo Securities LLC |
Noah Kaye | Oppenheimer & Co., Inc. |
David Leiker | Robert W. Baird & Co., Inc. |
David Tamberrino | Goldman Sachs & Co. LLC |
John Murphy | Bank of America Merrill Lynch |
Colin Langan | UBS Securities LLC |
Stephen Hunt | Barclays Capital Securities Ltd. |
Joseph Spak | RBC Capital Markets LLC |
Good morning. My name is Sharon, and I will be your conference facilitator. At this time, I would like to welcome everyone to the BorgWarner 2018 Third Quarter Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer period.