Deere & Company ( DE) F1Q12 Earnings Call February 15, 2012 10:00 am ET Executives Tony Huegel - Director, IR Susan Karlix - Manager, Investor Communications Jim Field - SVP & CFO Marie Ziegler - VP & Treasurer Analysts Andrew Obin - Bank of America - Merrill Lynch Andy Kaplowitz - Barclays Capital Jamie Cook - Credit Suisse Henry Kirn - UBS Rob Wertheimer - Vertical Research Partners Andy Casey - Wells Fargo Securities Steve Volkmann - Jefferies & Co Robert McCarthy - Robert W. Baird Jerry Revich - Goldman Sachs Joel Tiss - Buckingham Research Ashish Gupta - Credit Agricole Securities Seth Weber - RBC David Raso - ISI Group Ann Duignan - JPMorgan PresentationOperator
Good morning and welcome to Deere’s first quarter earnings conference call. Your lines have been placed on listen only until the question-and-answer session of today’s conference. I would now like to turn the call over to Mr. Tony Huegel, Director of Investor Relations. Thank you sir, you may begin. Tony Huegel Also on the call today are Jim Field, our Chief Financial Officer; Marie Ziegler, Vice President and Treasurer; and Susan Karlix, our Manager of Investor Communications. Today we’ll take a closer look at Deere’s first quarter earnings, then spend some time talking about our markets and the outlook for the remainder of 2012. After that we’ll respond to your questions. Please note that the slides are available to complement the call this morning. They can be accessed on our website at www.johndeere.com. First a reminder, this call is being broadcast live on the Internet and recorded for future transmission and use by Deere and Thompson Reuters. Any other use, recording, or transmission of any portion of this copyrighted broadcast without the expressed written consent of Deere is strictly prohibited. Participants in the call including the Q&A session agree that their likeness and remarks in all media may be stored and used as part of the earnings call.