Use the following information to answer this question.

Use the following information to answer this question. Thomas Company 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation $ 9,530 7,760 465 Earnings before interest and taxes $ 1,305 Interest paid Taxable income Taxes Net income Thomas Company 2016 and 2017 Balance Sheets ($ in millions) Cash Accounts rec. Inventory Total Net fixed assets Total assets 104 $ 1,201 420 $ 781 2016 230 1,000 1,810 3,040 3,410 6,450 2017 $ 260 900 1,695 2,855 3,970 6,825 Accounts payable Long-term debt Common stock Retained earnings Total liab. & equity 2016 1,370 1,100 3,340 6,450 2017 1,385 1,300 3,250 890 6,825 What is the return on equity for 2017?