Lowell Singer | The Walt Disney Co. |
Christine M. McCarthy | The Walt Disney Co. |
Robert A. Iger | The Walt Disney Co. |
Michael B. Nathanson | MoffettNathanson LLC |
Alexia S. Quadrani | JPMorgan Securities LLC |
Benjamin Daniel Swinburne | Morgan Stanley & Co. LLC |
Jessica Jean Reif Cohen | Bank of America Merrill Lynch |
Jason Boisvert Bazinet | Citigroup Global Markets, Inc. |
Todd Michael Juenger | Sanford C. Bernstein & Co. LLC |
Steven Cahall | RBC Capital Markets LLC |
Marci L. Ryvicker | Wells Fargo Securities LLC |
Tim Nollen | Macquarie Capital (NYSE:USA), Inc. |
Barton Crockett | B. Riley FBR, Inc. |
Welcome to The Walt Disney Company Fiscal Full Year and Q4 2017 Earnings Conference Call. My name is Victoria, and I will be your operator for today's call. At this time, all participants are in a listen-only mode, and later we will conduct a question-and-answer session. Please note that this conference is being recorded. And I will now turn the call over to Lowell Singer, Senior VP of Investor Relations.