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January 26, 2012 8:30 am ET
Albert P. L. Stroucken - Executive Chairman, Chief Executive Officer, President and Member of Risk Oversight Committee
Edward C. White - Chief Financial Officer, Principal Accounting Officer and Senior Vice President
Jason Bissell -
George L. Staphos - BofA Merrill Lynch, Research Division
Alex Ovshey - Goldman Sachs Group Inc., Research Division
Alton K. Stump - Longbow Research LLC
Christopher D. Manuel - KeyBanc Capital Markets Inc., Research Division
Philip Ng - Jefferies & Company, Inc., Research Division
Albert T. Kabili - Macquarie Research
Mark Wilde - Deutsche Bank AG, Research Division
Phil M. Gresh - JP Morgan Chase & Co, Research Division
Good morning. My name is Angela, and I will be your conference operator today. At this time, I would like to welcome everyone to the O-I Fourth Quarter and Full Year 2011 Earnings Conference Call. [Operator Instructions] I would like to turn the call over to Mr. Jason Bissell, Director of Investor Relations. You may begin your conference.
I am joined today by Al Stroucken, our Chairman and CEO; Ed White, our Chief Financial Officer; and several other members of our senior management team. Today, we will discuss key business developments, review our financial results for the fourth quarter, the full year 2011 and discuss future trends affecting our business in 2012. Following our prepared remarks, we will host a question-and-answer period. The presentation materials for this earnings call are also being simulcast from the company's website at o-i.com. Please review the Safe Harbor comments and disclosure of our use of non-GAAP financial measures included in those materials. Unless otherwise noted, the financial results we are presenting today relate to adjusted net earnings, which exclude certain items that management considers not representative of ongoing operations. A reconciliation of GAAP to non-GAAP earnings can be found in our earnings press release and in the appendix to this presentation. I'll now turn the call over to Al, who will start on Chart 2.