Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - WEYERHAEUSER CO | wy930201610q.htm |
| EX-32 - EXHIBIT 32 - WEYERHAEUSER CO | wy-93016xex32.htm |
| EX-31 - EXHIBIT 31 - WEYERHAEUSER CO | wy-93016xex31.htm |
| EX-10.1 - EXHIBIT 10.1 - WEYERHAEUSER CO | wy-93016xex101.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 quarters ended September 30, 2016, and 2015
(Dollar amounts in millions)
YEAR-TO-DATE ENDED | |||||||
SEPTEMBER 2016 | SEPTEMBER 2015 | ||||||
Available earnings: | |||||||
Earnings from continuing operations before interest expense, amortization of debt expense and income taxes | $ | 745 | $ | 548 | |||
Add: interest portion of rental expense | 13 | 10 | |||||
Add: distributed income of equity affiliates | 39 | — | |||||
Add: undistributed (income) losses of equity affiliates and income attributable to noncontrolling interests in subsidiaries | (20 | ) | — | ||||
Available earnings | $ | 777 | $ | 558 | |||
Fixed charges: | |||||||
Interest expense and other financial charges | $ | 333 | $ | 263 | |||
Interest portion of rental expense | 13 | 10 | |||||
Total fixed charges | 346 | 273 | |||||
Dividends on preference shares (pretax) | 26 | 33 | |||||
Total fixed charges and preference dividends | $ | 372 | $ | 306 | |||
Ratio of earnings to fixed charges | 2.25 | 2.04 | |||||
Ratio of earnings to combined fixed charges and preference dividends | 2.09 | 1.82 | |||||