Supplemental Information Regarding Conference Call Remarks of April 22, 2004
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: