Johnson Controls (JCI)

Q1 2011 Earnings Call

January 20, 2011 11:00 am ET


Glen Ponczak - Director of IR

R. McDonald - Chief Financial Officer and Executive Vice President

Stephen Roell - Chairman of the Board, Chief Executive Officer, President and Chairman of Executive Committee


Colin Langan - UBS Investment Bank

David Leiker - Robert W. Baird & Co. Incorporated

Colin Rusch - ThinkEquity LLC

Patrick Archambault - Goldman Sachs Group Inc.

Brian Johnson - Barclays Capital

Patrick Nolan - Deutsche Bank AG

Christopher Ceraso - Crédit Suisse AG

Brett Hoselton - KeyBanc Capital Markets Inc.

Michael Lew - Needham & Company, LLC

Ravi Shanker - Morgan Stanley

Vivek Aalok - JP Morgan Chase & Co

Timothy Denoyer - Wolfe Trahan & Co.



Good morning, and thank you for standing by. [Operator Instructions] I would now like to turn the call over to Mr. Glen Ponczak. You may begin.

Glen Ponczak

Thank you, Kathy, and good morning, everyone. Thank you for joining us. Before we begin this morning, I want to remind you of our forward-looking statements. Johnson Controls will make forward-looking statements in today's call pertaining to its financial results for fiscal 2011 and beyond that are based on preliminary data and are subject to risks and uncertainties. All statements other than statements of historical fact are statements that are or could be deemed forward-looking statements and include terms such as outlook, expectations, estimates or forecasts.

For those statements, the company cautions that numerous important factors, such as automotive vehicle production levels, mixes and schedules, energy and commodity prices, the strength of U.S. or other economies, currency exchange rates, cancellations of or changes to commercial contracts, changes in the levels or timing of investments in commercial buildings, as well as other factors discussed in Item 1A of Part 1 of the company's most recent Form 10-K filing, which was filed November 24, 2009, could affect the company's actual results and could cause its actual consolidated results to differ materially from those expressed in any forward-looking statement made by, or on behalf of, the company.

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