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June 20, 2012 10:00 am ET
Janet Pfeffer- VP-Business Development & Investor Relations
Mike Lamach - Chairman and Chief Executive Officer
Steve Shawley - Senior Vice President and Chief Financial Officer
Andy Casey – Wells Fargo
Jeff Hammond - KeyBanc Capital Markets
Mike Wherley - Janney Capital Markets
Eli Lustgarten - Longbow Securities
Steven Winoker - Sanford Bernstein
Deane Dray – Citi
Stephen Volkmann - Jefferies Securities
Andrew Obin - Bank of America
Julian Mitchell - Credit Suisse
Terry Darling - Goldman Sachs
Good day, ladies and gentlemen, and welcome to the Ingersoll-Rand Second Quarter 2012 Earnings Conference Call. At this time all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions). As a reminder, today's conference is being recorded for replay purposes.
I would now like to turn the conference over to your host for today, Ms. Janet Pfeffer. Ma'am, you may begin.
Good morning, everyone. Welcome to Ingersoll-Rand second quarter 2012 conference call. We released earnings at 7 am this morning and the release is posted on our website. We will be broadcasting, in addition to this call, through our website at ingersollrand.com, where you will find the slide presentation that we will be using this morning.
If you would please go to slide 2. Statements made in today's call that are not historical facts are considered forward-looking statements and are pursuant to the Safe Harbor provisions of Securities Laws. Please see our SEC filings for a description of some of the factors that may cause actual results to vary from anticipated. This release also contains non-GAAP measures, which are explained in the financial tables attached to our news release.