Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - WEYERHAEUSER CO | wy-9302017xex32.htm |
| EX-31 - EXHIBIT 31 - WEYERHAEUSER CO | wy-9302017xex31.htm |
| 10-Q - 10-Q - WEYERHAEUSER CO | wy930201710q.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 September 30, 2017, and 2016
(Dollar amounts in millions)
YEAR-TO-DATE ENDED | |||||||
SEPTEMBER 2017 | SEPTEMBER 2016 | ||||||
Available earnings: | |||||||
Earnings from continuing operations before interest expense, amortization of debt expense and income taxes | $ | 638 | $ | 745 | |||
Add: interest portion of rental expense | 13 | 13 | |||||
Add: distributed income of equity affiliates | 1 | 39 | |||||
Add: undistributed (income) losses of equity affiliates and income attributable to noncontrolling interests in subsidiaries | — | (20 | ) | ||||
Available earnings | $ | 652 | $ | 777 | |||
Fixed charges: | |||||||
Interest expense and other financial charges | $ | 303 | $ | 333 | |||
Interest portion of rental expense | 13 | 13 | |||||
Total fixed charges | 316 | 346 | |||||
Dividends on preference shares (pretax) | — | 26 | |||||
Total fixed charges and preference dividends | $ | 316 | $ | 372 | |||
Ratio of earnings to fixed charges | 2.06 | 2.25 | |||||
Ratio of earnings to combined fixed charges and preference dividends | 2.06 | 2.09 | |||||