Union Pacific is committed to implementing Positive Train Control (PTC) carefully and thoroughly to enhance the safety of both our employees and the communities where we operate trains. We invested $1.8 billion in PTC so far and will spend another $200 million this year, with a total expected investment of $2.5 billion. Without an extension of the PTC deadline however, neither passenger traffic nor chemicals Americans need and use every day, such as chlorine for drinking water, will move on the Union Pacific system by the end of 2015. We remain hopeful that Congress will pass a PTC deadline extension. With 10,000 customers across nearly every industry relying on us to deliver products, we are aware that any change in our operating practices would have wide reverberations across the country.