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Assume you are evaluating a company with the following selected financial results ($ Millions): 2019 2018 Revenues 3,427.4 3,306.8 Operating Expenses 2,947.4 2,876.9 Restructuring Charges

Assume you are evaluating a company with the following selected financial results ($ Millions):
2019 2018
Revenues 3,427.4 3,306.8
Operating Expenses 2,947.4 2,876.9
Restructuring Charges 166.4 29.8
Earnings Before Pension (EBITDAP) 313.6 400.1
Pension Service Cost 67.2 64.5
Pension Interest Cost 24.6 27.1
EBITDA 221.8 308.5
D&A 93.2 92.4
EBIT 128.6 216.1
Interest Expense 62.7 61.5
Interest Income 2.3 2.2
Pretax Income 68.2 156.8
Taxes @ 21% 14.3 32.9
Net Income 53.9 123.9
Cash 47.9 45.3
Marketable Securities 88.7 128.5
PP&E 1,332.7 1,256.4
Goodwill 264.6 264.6
Acquired Intangibles 43.1 48.8
Accounts Payable 558.3 536.4
Pension Liability 594.3 588.5
Interest-Bearing Debt 735.1 690.4
Shareholders Equity 876.8 822.9

What is the company's ROIC (excluding Goodwill and Intangibles) for 2019?

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