Guillermo Gutierrez | International Paper Co. |
Mark S. Sutton | International Paper Co. |
Glenn R. Landau | International Paper Co. |
Chris D. Manuel | Wells Fargo Securities LLC |
Chip Dillon | Vertical Research Partners LLC |
Mark Weintraub | The Buckingham Research Group, Inc. |
Brian Maguire | Goldman Sachs & Co. LLC |
Gail Glazerman | Roe Equity Research LLC |
George Leon Staphos | Merrill Lynch, Pierce, Fenner & Smith, Inc. |
Mark William Wilde | BMO Capital Markets (United States) |
Steven Pierre Chercover | D.A. Davidson & Co. |
Adam Jesse Josephson | KeyBanc Capital Markets, Inc. |
Scott L. Gaffner | Barclays Capital, Inc. |
Mark Connelly | Stephens, Inc. |
Marcio Farid | UBS Brasil CCTVM SA |
Good morning. My name is Sera and I will be your conference operator today. At this time, I would like to welcome everyone to the First Quarter 2018 International Paper Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.