Press Releases
Supplemental Information Regarding Conference Call Remarks of April 22, 2004
Apr 22, 2004
Supplemental Information Regarding Conference Call Remarks of April 22, 2004Return on Invested Capital (ROIC) is a measure of the return we earn on the capital invested in our businesses. Improving ROIC is a primary objective of our Global Business Plan. Our incentive compensation plans also contain ROIC objectives. We calculate ROIC on a rolling average four quarter basis using reported quarterly financial information. We calculate ROIC as follows:
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