Greetings and welcome to the ADT announcement. All lines have been placed on mute to prevent any background noise. For operator assistance, please press star zero at any time. It is now my pleasure to introduce Elizabeth Landers, Senior Director of Investor Relations. Thank you. You may begin. Thanks, and good morning, everyone. Earlier this morning, we issued a press release announcing our new partnership with State Farm. The release and an accompanying presentation are available on our website at investor. adt. com. Joining me on the call this morning to discuss this exciting announcement are ADT's President and CEO, Jim DeVries, our President Corporate Development and Chief Transformation Officer, Jeff Likosar, and our Executive Vice President and Chief Financial Officer, Ken Porpora. Before we start, I do need to mention that today's remarks contain forward-looking statements that represent our beliefs or expectations about future events. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Some of the factors that may cause such differences are described in our SEC filings. With that, I'm excited to turn the call over to Jim. Thanks, Jill. Good morning, and thank you for joining our call on such short notice. This morning, ADT is excited to announce our new partnership with State Farm. State Farm and ADT will design and deploy an innovative offering that combines security, risk mitigation, and smart home capabilities to revolutionize the customer experience. Committing to this goal, State Farm is investing $1.5 billion in ADT. The investment will consist of $1.2 billion for a 15% equity stake and an additional $300 million towards an opportunity fund. Jeff, Ken, and I will provide more details in a minute, but first, I want to spend some time discussing our shared strategic vision. Through partnering with State Farm, we will now have the opportunity to capture a greater share of market by using ADT's smart home security offerings to drive innovation in homeowners insurance. With a first of its kind integrated offering, we'll work to deliver substantial customer value using smart home technology to detect and mitigate losses related to water, fire, intrusion, and other homeownership risks, moving from a repair and replace model to a predict and prevent mindset. For 100 years, State Farm has made it their mission to restore lives, help rebuild neighborhoods, invest in communities, and support education and safety initiatives where they live and work. As State Farm reminds us, it's what being a good neighbor is all about, and ADT couldn't be more excited to welcome them as our long-term partner. State Farm's legacy has made them the largest insurer of homes in the United States, with 13.7 million homeowners policies in place and approximately 90 million total policies and accounts. Their strong focus on the customer is not only reflected in their culture, but it's affirmed in their A++ rating from AM Best, the most recognized provider of ratings in the insurance industry. We're proud to partner with such a respected organization. Our State Farm partnership consists of some key components. First, State Farm will become a strategic investor in ADT by committing $1.2 billion to acquire 133 million shares of ADT at $9 per share. This equity investment at roughly an 18% premium to our trailing 30-day average price demonstrates their partnership and strong conviction in our shared customer-focused strategy and growth potential. We plan to use the proceeds from the State Farm equity investment to self-tender for up to 133 million shares at $9 per share, which will eliminate any dilution from State Farm's equity investment. Our controlling shareholder, Apollo, has committed to backstop the entire offering to ensure a full subscription. I'd like to note that Google, which holds about 6% of ADT equity on an as-converted basis, will not participate in this tender. Additionally, ADT's entire leadership team has committed to not participate. After their equity investment and the self-tender, State Farm will own approximately 15% of ADT's equity. With their equity investment, State Farm will also obtain a seat on the ADT board. Their initial designee is Paul Smith, Executive Vice President and Chief Operating Officer at State Farm. I've gotten to know Paul quite well during this process. As you can imagine, we've spent a great deal of time together. I'm confident he will be an extraordinary addition to our board. To accommodate Paul's addition, ADT's board size will increase to 12. Now I will briefly turn the call over to Ken to cover the second component of our partnership. Thank you, Jim, and thank you everyone for joining today. The second component of the State Farm partnership is an additional $300 million investment towards an opportunity fund. Like our Google Success Fund structure, it's a commitment to fund product and technology innovation, customer growth, and marketing. It's demonstrative of our partnership and vision. ADT will receive the first $100 million of this opportunity fund when the equity transaction closes, which we expect to be in the fourth quarter of this year. This additional opportunity fund investment will help us accelerate innovation to deliver customer benefits. We are incredibly excited to work with State Farm to bring best-in-class products, service, and safety to our customers. By working together, this partnership can drive significant long-term customer and financial benefits to both companies. Our move to revolutionize homeowners insurance also has the strong support of ADT's partner, Google, which has committed an additional $150 million in success funds to advance opportunities created by this type of innovation. In collaboration with Google, we are building the next generation of smart home security solutions. As we shared in our second quarter earnings call, we have great momentum in our core engine, our CSB segment so far in 2022. Solid demand for ADT products and services is already driving subscriber growth, higher average pricing, and a record RMR balance, while also improving our operating efficiency. Now I'll pass the call back to Jim. Thanks, Ken. I would like to take a moment to officially congratulate you. As many of you know, we recently announced the promotion of Ken to CFO, and you will hear from him in that capacity in our next earnings call in November. Concurrently, we also announced that Jeff Likosar was assuming the role of President of Corporate Development and Chief Transformation Officer. I'd also like to congratulate Jeff in his new role and turn the call over to him to provide more details on the customer and financial benefits we expect to achieve through our State Farm partnership. Jeff? Thanks, Jim, and thank you everyone for joining today. As Jim mentioned, we are thrilled by today's news, and I want to take just a couple minutes to highlight some of the reasons for our excitement. At ADT, we believe that everyone deserves to feel safe. Our new partnership with State Farm, combined with our existing partnership with Google, will meaningfully advance our ability to help customers manage some of the risks of everyday life and to protect and connect what matters most. In short, we will deliver even more peace of mind. We envision expanded customer benefits that may include more comprehensive integrated solutions that monitor, detect, and prevent the risks of water, fire, smoke, and intrusion perils. Lower homeowner insurance premiums through discounts for homes equipped with ADT's smart home security systems and powered by Google devices. Reduced claim frequency and severity through ADT's patented smart monitoring technology that enables quick notification to the homeowner or authorities for help where needed. As we outlined at our March Investor Day, our total addressable market is expected to increase to $150 billion by 2025. We expect these partnerships will accelerate our market penetration and unlock a greater share of wallet in fast-growing markets in a manner that is entirely consistent with our strategy, with a focus on innovative offerings, unrivaled safety, and exceptional customer experience. Additionally, these partnerships advance our path towards capital-efficient growth as we expect to expand our reach to attract new subscribers, strengthen retention with more comprehensive solutions, and reduce revenue payback with lower customer acquisition costs through new routes to market and new offerings. Consequently, we expect these partnerships will further improve our growth opportunities and customer unit economics, driving financial benefits and strong returns over time. We plan to share more details on the offers and economics, including their effect on our 2025 financial targets later this year. In summary, we look forward to working closely with both of our key partners, leaders in their respective spaces, to revolutionize the customer experience through new and expanded offerings that deliver more benefits and more value for our customers. Building on our strong momentum, we are executing to a clear strategy and could not be more excited by our future with these two industry leaders, State Farm and Google. Thank you everyone for joining. I'll hand it back to Jim for some final comments. Thank you, Jeff. As we've outlined this morning, this is an exciting milestone for ADT as we continue to execute on our long-term customer-focused growth strategy. These new and expanded partnerships represent another bold step forward for our company and provide us with even more opportunities to grow our customer base, strengthen brand loyalty, and lower customer acquisition costs. To our new partners at State Farm, we look forward to working with you and can't wait to get started. To our partners at Google, we appreciate the support and conviction you've shown us over the past several years, and we look forward to our continued collaboration. In closing, I want to express my thanks to the teams at ADT, State Farm, and Google for all the collaboration and effort it took to get to today's announcement. To all of you that have joined us on today's call, I recognize that this call was announced on short notice, and I'm cognizant that many of you are coming off a long holiday weekend. Therefore, we will handle Q&A offline today. Please reach out to Elizabeth Landers on our IR team if you have any questions. We appreciate you taking the time to join us this morning. Thank you. This concludes today's conference call. You may now disconnect.