Illinois Tool Works (ITW) Q3 2011 Earnings Call October 25, 2011 10:00 am ET Executives Ronald D. Kropp - Chief Financial officer and Senior Vice President David B. Speer - Chairman, Chief Executive officer and Member of Executive Committee John L. Brooklier - Vice President of Investor Relations Analysts Mark Edward Koznarek - Cleveland Research Company Ingrid Aja - JP Morgan Chase & Co, Research Division Eddie Szeto - Goldman Sachs Group Inc., Research Division Peter Chang - Crédit Suisse AG, Research Division Ajay Kejriwal - FBR Capital Markets & Co., Research Division John G. Inch - BofA Merrill Lynch, Research Division Andy Kaplowitz - Barclays Capital, Research Division Deane M. Dray - Citigroup Inc, Research Division PresentationOperator
Welcome, and thank you for standing by. [Operator Instructions] Today's conference is being recorded. If you have any objections, please disconnect at this time. I'd now like to turn the call over to John Brooklier, Vice President of Investor Relations. John L. Brooklier Thank you, Dory. Good morning, everyone, and welcome to all who've joined us for ITW's Third Quarter 2011 Conference Call. As usual, our CEO, David Speer; and our CFO, Ron Kropp have joined us to discuss our third quarter financial results. Here is the agenda for today's call. David will join us shortly to focus on many of our third quarter highlights. Ron will then take you through our Q3 financial results. I will then cover our third quarter operating highlights for our reporting segments, and Ron will then detail our 2011 fourth quarter and full year forecasts. Finally, we will open the call to your questions. And as always, we ask for your cooperation for our "one question, one follow-up question" policy. We are targeting a one-hour completion time for today's call.