PG | Q2 2013

Operator:

Jon Moeller:

Operator:

Chris Ferrara – Bank of America:

Bob McDonald:

Jon Moeller:

Bob McDonald:

Operator:

Dara Mohsenian - Morgan Stanley:

Bob McDonald:

Jon Moeller:

Operator:

Lauren Lieberman - Barclays:

Bob McDonald:

Lauren Lieberman - Barclays:

Jon Moeller:

Bob McDonald:

Operator:

John Faucher - JPMorgan:

Bob McDonald:

Jon Moeller:

Operator:

Nik Modi - UBS:

Bob McDonald:

Jon Moeller:

Operator:

Bill Schmitz - Deutsche Bank:

Jon Moeller:

Operator:

Bill Chappell - SunTrust Robinson Humphrey:

Bob McDonald:

Bill Chappell - SunTrust Robinson Humphrey:

Bob McDonald:

Operator:

Ali Dibadj - Bernstein:

Bob McDonald:

Operator:

Joe Altobello - Oppenheimer:

Bob McDonald:

Operator:

Connie Maneaty - BMO Capital Markets:

Bob McDonald:

Operator:

Javier Escalante - Consumer Edge Research:

Jon Moeller:

Operator:

Jason Gere - RBC Capital Markets:

Bob McDonald:

Jon Moeller:

Operator:

Joe Lachky - Wells Fargo:

Bob McDonald:

Operator:

Alice Longley - Buckingham Research:

Jon Moeller:

Bob McDonald:

Operator:

Mark Astrachan - Stifel Nicolaus:

Bob McDonald:

Operator:

Michael Steib - Credit Suisse:

Jon Moeller:

Bob McDonald:

Operator:

Linda Bolton Weiser - B. Riley Caris:

Jon Moeller:

Bob McDonald:

Operator:

Leigh Ferst - Wellington Shields:

Bob McDonald:

Operator:

Caroline Levy - CLSA:

Bob McDonald:

Operator: