Gregory Riddle; Vice President, Investor Relations and Corporate Communications; Eastman Chemical Co

Mark Costa; Chairman of the Board, Chief Executive Officer; Eastman Chemical Co

William Mclain; Chief Financial Officer, Senior Vice President; Eastman Chemical Co

James Canon; Analyst; UBS

David Begleiter; Analyst; Deutsche Bank

Mike Sison; Analyst; Wells Fargo

Aleksey Yefremov; Analyst; KeyBanc Capital Markets

Vincent Andrews; Analyst; Morgan Stanley

Jeff Zekauskas; Analyst; J.P. Morgan

Patrick Cunningham; Analyst; Citigroup

Salvator Tiano; Analyst; Bank of America

Michael Leithead; Analyst; Barclays

Arun Vishwanathan; Analyst; RBC

John Roberts; Analyst; Mizuho

Good day, everyone, and welcome to the fourth-quarter and full year 2024 Eastman conference call. Today's conference is being recorded. This call is being broadcast live on the Eastman website, www.eastman.com.
We will now turn it over to Mr. Greg Riddle, Eastman, Investor Relations. Please go ahead, sir.

Thank you, Harry, and good morning, everyone, and thanks for joining us. On the call with me today are Mark Costa, Board Chair and CEO; Willie McLain, Executive Vice President and CFO; and Jake LaRoe and Emily Alexander from the Investor Relations team.
Yesterday, after market closed, we posted our fourth quarter and full year 2024 financial results news release and SEC 8-K filing, our slides and the related prepared remarks in the Investors section of our website, eastman.com.
Before we begin, I'll cover two items. First, during this presentation, you will hear certain forward-looking statements, including our plans and expectations. Actual events or results could differ materially. Certain factors related to our future expectations are or will be detailed in our fourth quarter and full year 2024 financial results news release during this call in the preceding slides and prepared remarks and in our filings with the Securities and Exchange Commission, including the Form 10-K filed for full year 2023 and the Form 10-K to be filed for full year 2024.
Second, earnings referenced in this presentation exclude certain noncore and unusual items. Reconciliations to the most directly comparable GAAP financial measures and other associated disclosures, including a description of the excluded and adjusted items are available in the fourth quarter and full year 2024 financial results news release. As we posted the slides and accompanying prepared remarks on our website last night, we will now go straight into Q&A.
Harry, please let's start with our first question.