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Good morning and welcome to Procter & Gamble s Quarter End Conference Call. [Operator Instructions] This discussion will include a number of forward-looking statements. If you will refer to P&G s most recent 10-K, 10-Q and 8-K reports, you will see a discussion of factors that could cause the Company s actual results to differ materially from these projections. As required by Regulation G, Procter & Gamble needs to make you aware that during the discussion the Company will make a number of references to non-GAAP and other financial measures. Procter & Gamble believes these measures provide investors with useful perspective on underlying business trends and has posted on its Investor Relations website, www.pginvestor.com, a full reconciliation of non-GAAP financial measures.

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