Johnson & Johnson (JNJ) Q4 2010 Earnings Call January 25, 2011 8:30 am ET Executives Dominic Caruso - Chief Financial Officer, Corporate Vice President of Finance and Member of Executive Committee William Weldon - Chairman of the Board, Chief Executive Officer, Chairman of Executive Committee and Chairman of Finance Committee Louise Mehrotra - Vice President of Investor Relations Analysts Matthew Dodds - Citigroup Inc Matthew Miksic - Piper Jaffray Companies Catherine Arnold - Crédit Suisse AG Jami Rubin - Goldman Sachs Group Inc. Michael Weinstein - JP Morgan Chase & Co Robert Hopkins Kristen Stewart - Deutsche Bank AG Derrick Sung - Bernstein Research Larry Biegelsen - Wells Fargo Securities, LLC Frederick Wise - Leerink Swann LLC Bruce Nudell - UBS Investment Bank PresentationLouise Mehrotra
Good morning, and welcome. I'm Louise Mehrotra, Vice President of Investor Relations for Johnson & Johnson, and it's my pleasure this morning to review our business results for the fourth quarter of 2010. Joining me on the podium today are Bill Weldon, Chairman of the Board of Directors and Chief Executive Officer of Johnson & Johnson; and Dominic Caruso, Vice President, Finance and Chief Financial Officer. A few logistics before we get into the details. The audio and visuals from this presentation are being made available to a broader audience via webcast, accessible through the Investor Relations section of the Johnson & Johnson website. I'll begin by briefly reviewing highlights of the fourth quarter for the corporation and highlights for our three business segments. Following my remarks, Bill Weldon will comment on 2010 results and provide a strategic outlook for the company. At the completion of Bill's remarks, Dominic Caruso will provide some commentary on the fourth quarter financial results and guidance for the full year of 2011.