Paul Alexander | Investor Relations |
Mike Hsu | Chairman and Chief Executive Officer |
Maria Henry | Chief Financial Officer |
Lauren Lieberman | Barclays |
Olivia Tong | Bank of America |
Dara Mohsenian | Morgan Stanley |
Kevin Grundy | Jefferies |
Steve Powers | Deutsche Bank |
Andrea Teixeira | JPMorgan |
Jason English | Goldman Sachs |
Wendy Nicholson | Citi |
Ladies and gentlemen, thank you for your patience and holding. We now have your presenters in conference. Please be aware each of your lines is in a listen-only mode. At the conclusion of this morning’s presentation, we will be opening the floor for questions. And at that time, instructions will be given as to the procedure to follow if you'd like to ask an audio question.