Q4 2019 Illinois Tool Works Inc Earnings Call Transcript

Jan 31, 2020 / 03:00PM GMT
Operator

Good morning. My name is Julianne, and I will be your conference operator today. At this time, I would like to welcome everyone to the conference call. (Operator Instructions) Thank you. Karen Fletcher, Vice President of Investor Relations. You may begin your conference.

Karen A. Fletcher - Illinois Tool Works Inc. - VP of IR

Okay. Thank you, Julianne. Good morning, and welcome to ITW's Fourth Quarter 2019 Conference Call. I'm joined with our Chairman and CEO, Scott Santi; and Senior Vice President and CFO, Michael Larsen. During today's call, we will discuss fourth quarter and full year 2019 financial results and provide guidance for full year 2020.

Slide 2 is a reminder that this presentation contains our financial forecast for 2020 as well as other forward-looking statements identified on this slide. We refer you to the company's 2018 Form 10-K for more detail about important risks that could cause actual results to differ materially from our expectations. This presentation uses certain non-GAAP measures, and a reconciliation of those measures to the

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