To our witnesses, thank you for your appearance here today.
I believe all of you have appeared before us before and are very familiar with how the process works. Normally, we would give five minutes for brief opening statements. You still have that, if you wish. However, that would curtail the amount of time we have for questions, because the bells will start ringing in less than an hour, and we will have to adjourn at that time.
I would ask all of you, if you have an opening statement, to please curtail it perhaps to just new information that you haven't presented before, or, if needed, just a re-emphasis of some of the priority items you wish to present. Otherwise, we'll be running out of time.
With that, we will start with Ms. McAuley.