For 2019, calculate ROCE (return on common equity).

Net Income = 955.80

Average Stakeholder's equity = $8,491.05

Commitments and Contingencies (Notes Rand S) Shareowners' Equity Stanley Black & Decker, Inc. Shareowners' Equity Preferred stock, without par value: Authorized 10,000,000 shares in 2019 and 2018 Issued and outstanding 1,500,000 shares in 2019 and 750,000 shares in 2018 Common stock, par value $2.50 per share: Authorized 300,000,000 shares in 2019 and 2018 Issued 176,902,738 shares in 2019 and 2018 1,500.0 750.0 442.3 442.3