Ingersoll-Rand plc (IR) Q1 2012 Earnings Call April 20, 2012 10: 30 am ET Executives Janet Pfeffer – VP-Business Development & Investor Relations Michael W. Lamach – Chairman, President & Chief Executive Officer Steven R. Shawley – Chief Financial Officer & Senior Vice President Analyst Jeffrey D. Hammond - KeyBanc Capital Markets Stephen E. Volkmann - Jefferies & Co., Inc. David M. Raso - International Strategy & Investment Group, Inc. Deane Michael Dray – Citigroup Global Markets (United States) Nigel Coe – Morgan Stanley & Co. LLC Jeffrey T. Sprague – Vertical Research Partners, LLC Terry Darling – Goldman Sachs & Co. Steven E. Winoker – Sanford C. Bernstein & Co., LLC. Andrew Millard Casey – Wells Fargo Advisors LLC Joshua C. Pokrzywinski – MKM Partners LLC. Shannon O’Callaghan – Nomura Securities International, Inc. Stephen Tusa – JPMorgan Securities LLC Robert F. McCarthy Jr. – Robert W. Baird & Co. PresentationOperator
Good day, ladies and gentlemen, and welcome to the Ingersoll-Rand First Quarter 2012 Earnings Conference Call. At this time all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder, today’s conference is being recorded. I would now like to introduce your host for this conference call, Ms. Janet Pfeffer. You may begin, ma’am. Janet Pfeffer Good morning. Thank you, Kevin. Welcome to our First Quarter 2012 Conference Call. We released earnings at 7 AM this morning, and the release is posted on our website. We’ll be broadcasting, in addition to this phone call, through our website at ingersollrand.com, where you will find the slide presentation that we will be using this morning. The call will be recorded and archived on our website.