International Paper (IP) Q1 2012 Earnings Call April 27, 2012 9:00 am ET Executives Glenn Landau - Vice President of Investor Relations John V. Faraci - Chairman, Chief Executive Officer and Chairman of Executive Committee Carol L. Roberts - Chief Financial Officer and Senior Vice President Timothy S. Nicholls - Senior Vice President of Printing & Communications Papers Mark Stephan Sutton - Senior Vice President of Industrial Packaging Thomas Gustave Kadien - Senior Vice President - Consumer Packaging and Ip Asia Analysts Steven Chercover - D.A. Davidson & Co., Research Division Gail S. Glazerman - UBS Investment Bank, Research Division Anthony Pettinari - Citigroup Inc, Research Division Phil M. Gresh - JP Morgan Chase & Co, Research Division Chip A. Dillon - Vertical Research Partners Inc. Kurt Schoen - Credit Agricole Securities (USA) Inc., Research Division George L. Staphos - BofA Merrill Lynch, Research Division Mark Wilde - Deutsche Bank AG, Research Division Mark A. Weintraub - The Buckingham Research Group Incorporated PresentationOperator
Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2012 International Paper Earnings Conference Call. [Operator Instructions] Thank you. Mr. Glenn Landau, you may begin your conference. Glenn Landau Good morning, and thank you for joining International Paper's First Quarter Earnings Conference Call. Our key speakers this morning are John Faraci, Chairman and Chief Executive Officer; and Carol Roberts, Senior Vice President and Chief Financial Officer. During this call, we will make forward-looking statements that are subject to risks and uncertainties, which are outlined on Slide 2 of our presentations. We will also present certain non-U.S. GAAP financial information. A reconciliation of those figures to U.S. GAAP financial measures are available on our website. Our website also contains copies of the first quarter 2012 earnings press release and today's presentation slides.