Attached files
| file | filename |
|---|---|
| EX-10.1 - EXHIBIT 10.1 - WEYERHAEUSER CO | wy-33116xex101.htm |
| EX-32 - EXHIBIT 32 - WEYERHAEUSER CO | wy-33116xex32.htm |
| EX-31 - EXHIBIT 31 - WEYERHAEUSER CO | wy-33116xex31.htm |
| 10-Q - 10-Q - WEYERHAEUSER CO | wy331201610q.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 March 31, 2016, and 2015
(Dollar amounts in millions)
YEAR-TO-DATE ENDED | |||||||
MARCH 2016 | MARCH 2015 | ||||||
Available earnings: | |||||||
Earnings before interest expense, amortization of debt expense and income taxes | $ | 197 | $ | 203 | |||
Add: interest portion of rental expense | 4 | 2 | |||||
Add: distributed income of equity affiliates | 29 | — | |||||
Add: undistributed (income) losses of equity affiliates and income attributable to noncontrolling interests in subsidiaries | (3 | ) | 6 | ||||
Available earnings | $ | 227 | $ | 211 | |||
Fixed charges: | |||||||
Interest expense incurred | $ | 88 | $ | 83 | |||
Amortization of debt expense | 10 | 2 | |||||
Interest portion of rental expense | 4 | 2 | |||||
Total fixed charges | 102 | 87 | |||||
Dividends on preference shares (pretax) | 14 | 13 | |||||
Total fixed charges and preference dividends | $ | 116 | $ | 100 | |||
Ratio of earnings to fixed charges | 2.23 | 2.43 | |||||
Ratio of earnings to combined fixed charges and preference dividends | 1.96 | 2.11 | |||||