Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - WEYERHAEUSER CO | wy-93015x10q.htm |
| EX-31 - EXHIBIT 31 - WEYERHAEUSER CO | wy-93015xex31.htm |
| EX-32 - EXHIBIT 32 - WEYERHAEUSER CO | wy-93015xex32.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, 2015, and 2014
(Dollar amounts in millions)
YEAR-TO-DATE ENDED | |||||||
SEPTEMBER 2015 | SEPTEMBER 2014 | ||||||
Available earnings: | |||||||
Earnings before interest expense, amortization of debt expense and income taxes | $ | 711 | $ | 1,053 | |||
Add: interest portion of rental expense | 8 | 8 | |||||
Add: undistributed losses of equity affiliates and income attributable to noncontrolling interests in subsidiaries | 18 | 5 | |||||
Available earnings | $ | 737 | $ | 1,066 | |||
Fixed charges: | |||||||
Interest expense incurred | $ | 259 | $ | 262 | |||
Amortization of debt expense | 4 | 4 | |||||
Interest portion of rental expense | 8 | 8 | |||||
Total fixed charges | 271 | 274 | |||||
Dividends on preference shares (pretax) | 34 | 41 | |||||
Total fixed charges and preference dividends | $ | 305 | $ | 315 | |||
Ratio of earnings to fixed charges | 2.72 | 3.89 | |||||
Ratio of earnings to combined fixed charges and preference dividends | 2.42 | 3.38 | |||||