Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT - WEYERHAEUSER CO | wy-93014xex32.htm |
| EX-13 - EXHIBIT - WEYERHAEUSER CO | wy-93014xex31.htm |
| EXCEL - IDEA: XBRL DOCUMENT - WEYERHAEUSER CO | Financial_Report.xls |
| 10-Q - 10-Q - WEYERHAEUSER CO | wy-93014x10q.htm |
EXHIBIT 12
Weyerhaeuser Company and Subsidiaries
Computation of Ratios of Earnings to Fixed Charges and
Computation of Ratios of Earnings to Combined Fixed Charges and Preference Dividends
For the year-to-date periods ended September 30, 2014, and 2013
(Dollar amounts in millions)
YEAR-TO-DATE ENDED | |||||||
SEPTEMBER 2014 | SEPTEMBER 2013 | ||||||
Available earnings: | |||||||
Earnings before interest expense, amortization of debt expense and income taxes | $ | 1,053 | $ | 817 | |||
Add: interest portion of rental expense | 8 | 9 | |||||
Add (deduct): undistributed losses (earnings) of equity affiliates and income attributable to noncontrolling interests in subsidiaries | 5 | (3 | ) | ||||
Available earnings | $ | 1,066 | $ | 823 | |||
Fixed charges: | |||||||
Interest expense incurred | $ | 262 | $ | 252 | |||
Amortization of debt expense | 4 | 6 | |||||
Interest portion of rental expense | 8 | 9 | |||||
Total fixed charges | 274 | 267 | |||||
Dividends on preference shares (pretax) | 41 | 15 | |||||
Total fixed charges and preference dividends | $ | 315 | $ | 282 | |||
Ratio of earnings to fixed charges | 3.89 | 3.08 | |||||
Ratio of earnings to combined fixed charges and preference dividends | 3.38 | 2.92 | |||||