Karen Fletcher | VP, IR |
Scott Santi | Chairman & CEO |
Michael Larsen | SVP & CFO |
Jeffrey Sprague | Vertical Research Partners |
Scott Davis | Melius Research |
Jamie Cook | Crédit Suisse |
Andrew Kaplowitz | Citigroup |
Ann Duignan | JPMorgan Chase & Co. |
Joseph Ritchie | Goldman Sachs Group |
Julian Mitchell | Barclays Bank |
Nigel Coe | Wolfe Research |
Good morning. My name is Tammy, and I will be your conference operator today. At this time, I would like to welcome everyone to the conference call. [Operator Instructions]. Thank you.