Attached files
| file | filename |
|---|---|
| EX-31 - EXHIBIT - WEYERHAEUSER CO | wy-63014xex31.htm |
| EX-32 - EXHIBIT - WEYERHAEUSER CO | wy-63014xex32.htm |
| EXCEL - IDEA: XBRL DOCUMENT - WEYERHAEUSER CO | Financial_Report.xls |
| 10-Q - 10-Q - WEYERHAEUSER CO | wy-63014x10q.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 June 30, 2014, and 2013
(Dollar amounts in millions)
YEAR-TO-DATE ENDED | |||||||
JUNE 2014 | JUNE 2013 | ||||||
Available earnings: | |||||||
Earnings before interest expense, amortization of debt expense and income taxes | $ | 771 | $ | 565 | |||
Add: interest portion of rental expense | 5 | 6 | |||||
Add: undistributed loss of equity affiliates and income attributable to noncontrolling interests in subsidiaries | 4 | 7 | |||||
Available earnings | $ | 780 | $ | 578 | |||
Fixed charges: | |||||||
Interest expense incurred | 174 | 166 | |||||
Amortization of debt expense | 3 | 4 | |||||
Interest portion of rental expense | 5 | 6 | |||||
Total fixed charges | 182 | 176 | |||||
Dividends on preference shares (pretax) | 27 | 2 | |||||
Total fixed charges and preference dividends | $ | 209 | $ | 178 | |||
Ratio of earnings to fixed charges | 4.29 | 3.28 | |||||
Ratio of earnings to combined fixed charges and preference dividends | 3.73 | 3.25 | |||||