Good morning, and welcome to S&P Global's first quarter 2025 earnings conference call. I'd like to inform you that this call is being recorded for broadcast. All participants will be in a listen-only mode. We will open the conference for questions and answers after the presentation, and instructions will follow at that time. To access the webcast and slides, go to investor.spglobal.com. If you need any additional technical assistance, please press star zero, and I will assist you momentarily. I would now li ...