USG Corporation Q2 2010 Earnings Conference Call Transcript

USG Corporation (USG)

Q2 2010 Earnings Conference Call

July 22, 2010, 11:00 AM ET

Executives

Brian Moore - Director, Investor Relations

Bill Foote - Chairman, CEO

Jim Metcalf - President, COO

Rick Fleming - Executive Vice President, CFO

Analysts

Dan Oppenheim - Credit Suisse

Michael Rehaut - JPMorgan

Joshua Pollard - Goldman Sachs

Jim Barrett - CL King & Associates

Trey Grooms - Stephens Inc

Dennis McGill - Zelman & Associates

Garik Shmois - Longbow Research

Jack Kasprzak - BB&T Capital Markets

Kathryn Thompson - Thompson Research Group

Mark Weintraub - Buckingham Research Group

[John Shane - Shane & Company]

Todd Vencil - Davenport

Presentation

Operator

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Welcome to the USG Corporation's second quarter 2010 earnings conference call. My name is [John] and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session.

Please note that this conference is being recorded. I will now turn the call over to Mr. Brian Moore. Mr. Moore, you may begin.

Brian Moore

Good morning and welcome to USG Corporation's second quarter 2010 earnings conference call and live webcast. We will be using a slide presentation in conjunction with our call today. It is available by going to the investor information section of our website, www.usg.com, and clicking on the link to the webcast.

Before we proceed let me remind you that certain statements in this conference call may be forward-looking statements under Securities laws. These statements are made on the basis of management's current views and assumptions about business, market and other conditions and management undertakes no obligation to update these statements.