The document discusses .NET 4.0's System.Runtime.Caching library. It begins with an agenda that includes discussing features, components, development flow, and demos. The main components covered are ObjectCache, which provides caching methods and properties, and ChangeMonitor, which monitors dependencies of cached items. Examples are provided of using CacheItemPolicy to set expiration policies and using different ChangeMonitor implementations like HostFileChangeMonitor. The document concludes with references to documentation, code samples, and a question and answer section.