Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - WEYERHAEUSER CO | wy-6302017xex32.htm |
| EX-31 - EXHIBIT 31 - WEYERHAEUSER CO | wy-6302017xex31.htm |
| EX-10 - EXHIBIT 10 - WEYERHAEUSER CO | wy-6302017xex10.htm |
| 10-Q - 10-Q - WEYERHAEUSER CO | wy630201710q.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 years-to-date ended June 30, 2017, and 2016
(Dollar amounts in millions)
YEAR-TO-DATE ENDED | |||||||
JUNE 2017 | JUNE 2016 | ||||||
Available earnings: | |||||||
Earnings from continuing operations before interest expense, amortization of debt expense and income taxes | $ | 438 | $ | 445 | |||
Add: interest portion of rental expense | 9 | 8 | |||||
Add: distributed income of equity affiliates | 23 | 32 | |||||
Add: undistributed (income) losses of equity affiliates and income attributable to noncontrolling interests in subsidiaries | — | (12 | ) | ||||
Available earnings | $ | 470 | $ | 473 | |||
Fixed charges: | |||||||
Interest expense and other financial charges | $ | 204 | $ | 215 | |||
Interest portion of rental expense | 9 | 8 | |||||
Total fixed charges | 213 | 223 | |||||
Dividends on preference shares (pretax) | — | 27 | |||||
Total fixed charges and preference dividends | $ | 213 | $ | 250 | |||
Ratio of earnings to fixed charges | 2.21 | 2.12 | |||||
Ratio of earnings to combined fixed charges and preference dividends | 2.21 | 1.89 | |||||