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July 25, 2012 9:00 am ET
Robert Bannon - Director of Investor Relations
Murray S. Kessler - Chairman, Chief Executive Officer and President
David H. Taylor - Chief Financial Officer and Executive Vice President of Finance & Planning
Vivien Azer - Citigroup Inc, Research Division
Nik Modi - UBS Investment Bank, Research Division
Thilo Wrede - Jefferies & Company, Inc., Research Division
David J. Adelman - Morgan Stanley, Research Division
Judy E. Hong - Goldman Sachs Group Inc., Research Division
Andrew Kieley - Deutsche Bank AG, Research Division
Christopher Growe - Stifel, Nicolaus & Co., Inc., Research Division
Ann H. Gurkin - Davenport & Company, LLC, Research Division
Christopher Ferrara - BofA Merrill Lynch, Research Division
Bonnie Herzog - Wells Fargo Securities, LLC, Research Division
Priya Ohri-Gupta - Barclays Capital, Research Division
Good day, ladies and gentlemen, and welcome to the Lorillard, Inc. Second Quarter 2012 Earnings Conference Call. My name is Paula, and I'll be your operator for today's call. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes. At this time, I would like to turn the conference over to your host for today's call, Mr. Bob Bannon. You may begin, sir.
Thank you, Paula, and good morning, everyone. I'm Bob Bannon, Lorillard's Director of Investor Relations, and joining me on today's call are Murray Kessler, Lorillard's Chairman, President and Chief Executive Officer; and David Taylor, its Chief Financial Officer.
By now, you should have received a copy of our second quarter 2012 earnings release. It can be found on the company's website, lorillard.com, under News Releases.