Attached files
| file | filename |
|---|---|
| EX-31 - EXHIBIT 31 - WEYERHAEUSER CO | wy-63015xex31.htm |
| EX-32 - EXHIBIT 32 - WEYERHAEUSER CO | wy-63015xex32.htm |
| EX-10 - EXHIBIT 10 - WEYERHAEUSER CO | wy-63015xex10.htm |
| 10-Q - 10-Q - WEYERHAEUSER CO | wy-63015x10q.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, 2015, and 2014
(Dollar amounts in millions)
YEAR-TO-DATE ENDED | |||||||
JUNE 2015 | JUNE 2014 | ||||||
Available earnings: | |||||||
Earnings before interest expense, amortization of debt expense and income taxes | $ | 448 | $ | 728 | |||
Add: interest portion of rental expense | 5 | 5 | |||||
Add: undistributed losses of equity affiliates and income attributable to noncontrolling interests in subsidiaries | 13 | 4 | |||||
Available earnings | $ | 466 | $ | 737 | |||
Fixed charges: | |||||||
Interest expense incurred | $ | 171 | $ | 174 | |||
Amortization of debt expense | 3 | 3 | |||||
Interest portion of rental expense | 5 | 5 | |||||
Total fixed charges | 179 | 182 | |||||
Dividends on preference shares (pretax) | 26 | 27 | |||||
Total fixed charges and preference dividends | $ | 205 | $ | 209 | |||
Ratio of earnings to fixed charges | 2.60 | 4.05 | |||||
Ratio of earnings to combined fixed charges and preference dividends | 2.27 | 3.53 | |||||