Weyerhaeuser company (WY)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Net sales (Note 3)

1,728

1,548

1,671

1,692

1,643

1,636

1,910

2,065

1,865

1,823

1,872

1,808

1,693

1,596

1,709

1,655

1,405

819

1,355

1,345

1,727

-126

1,915

1,964

1,736

1,572

1,857

1,874

1,951

930

1,772

1,793

1,494

1,615

1,569

1,610

1,422

1,380

1,514

1,641

1,419

995

1,407

1,391

1,275

2,107

2,174

Costs of sales

1,382

1,301

1,399

1,390

1,322

1,345

1,452

1,447

1,348

1,316

1,374

1,336

1,272

1,278

1,328

1,271

1,103

638

1,073

1,057

1,385

-181

1,504

1,499

1,361

1,251

1,479

1,453

1,533

763

1,424

1,516

1,290

1,317

1,283

1,343

1,177

1,092

1,193

1,314

1,232

-

-

-

-

-

-

Gross margin

346

247

272

302

321

291

458

618

517

507

498

472

421

318

381

384

302

181

282

288

342

55

411

465

375

321

378

421

418

167

348

277

204

298

286

267

245

288

321

327

187

-

-

-

-

-

-

Selling expenses

22

22

20

21

21

22

20

23

23

21

22

22

22

22

22

22

23

23

24

24

28

14

28

27

28

11

32

31

51

-22

49

47

42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative expenses

74

94

85

80

89

82

78

80

78

72

75

76

87

85

80

94

79

60

55

63

74

57

73

88

88

92

98

96

118

72

107

95

108

-29

135

145

172

-36

161

162

163

-

-

-

-

-

-

Research and development expenses

-

-

1

2

-

-

2

2

2

-

4

4

4

5

5

4

5

4

4

5

5

1

5

7

7

10

8

8

7

9

8

8

7

9

7

7

7

10

8

8

8

-

-

-

-

-

-

Charges for integration and restructuring, closures and asset impairments (Note 18)

-

-

-

-

-

-

-

-

-

16

14

151

13

29

16

14

111

23

2

0

14

7

10

8

19

369

1

3

4

0

10

4

12

31

41

7

4

126

16

4

2

-

-

-

-

-

-

Charges (recoveries) for product remediation, net (Note 16)

-

-

-68

-

-

-

0

-

-

50

190

50

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating costs, net (Note 15)

-10

35

-32

-13

-37

-14

-21

-37

-10

116

12

-12

-2

-109

3

-2

55

7

-31

4

-21

-15

23

65

75

3

4

10

18

31

28

53

66

22

-3

19

174

67

24

2

70

-

-

-

-

-

-

Costs and Expenses, Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,284

1,453

1,605

2,463

2,580

Operating income

240

89

202

186

174

177

337

476

404

476

205

157

293

174

261

248

139

78

166

200

200

-39

318

400

308

-158

243

293

256

139

202

176

101

131

100

127

236

55

160

155

84

-110

123

-62

-330

-356

-406

Equity earnings from joint ventures (Note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

7

5

6

0

0

-6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-operating pension and other postretirement benefit costs

-9

-21

-15

-10

-470

-218

-17

-13

-24

-16

-16

-8

-22

39

13

10

-14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income and other

1

8

6

6

10

24

13

11

12

10

12

9

9

31

15

10

9

9

9

9

9

11

7

11

9

14

21

8

11

10

15

11

12

12

15

9

11

7

19

12

42

-

-

-

-

-

-

Interest expense, net of capitalized interest

85

89

91

91

107

97

93

92

93

96

98

100

99

108

114

114

95

86

87

85

83

84

88

83

83

113

94

80

82

84

87

86

87

88

86

117

93

96

95

155

106

-

115

114

-

-

-

Earnings (loss) before income taxes

147

-13

102

91

-393

-114

240

382

299

374

103

58

181

87

184

161

72

21

88

124

120

-112

237

328

234

-256

170

221

185

65

130

101

26

55

29

19

154

-34

84

12

20

-214

30

-148

-442

-426

-474

Less: interest capitalized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7

-9

-

-

-

Income taxes (Note 16)

-3

1

3

-37

-104

-21

-15

65

30

103

-27

34

24

25

22

31

11

-32

-44

-1

19

-77

39

59

50

-272

24

36

41

-5

13

17

-15

-10

-104

-4

56

-206

-1,028

4

38

-76

35

-32

-176

-221

-214

Earnings from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

62

162

130

61

-

132

125

-

-35

198

269

184

16

146

185

144

-

117

84

-

65

133

23

98

-

1,112

8

-

-

-

-

-

-205

-260

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

489

65

38

20

-

59

19

-

212

966

22

10

-

21

13

-

-

-

-

-

0

24

-13

1

-

4

6

-

-

-

-

-

480

111

Net earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

171

1,116

14

-18

-181

-5

-116

-266

275

-149

Net loss attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2

-6

-5

-10

-2

-5

-53

Net earnings (loss)

150

-14

99

128

-289

-93

255

317

269

271

130

24

157

551

227

168

81

70

191

144

101

177

1,164

291

194

-

167

198

-

143

117

84

41

65

157

10

99

171

1,116

14

-20

-175

0

-106

-264

280

-96

Dividends on preference shares

-

-

-

-

-

-

-

-

-

-

-

-

-

22

0

11

-11

11

11

11

11

11

11

11

11

11

10

2

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings attributable to Weyerhaeuser common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

551

227

157

70

59

180

133

90

166

1,153

280

183

43

157

196

144

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings (loss) per share, basic and diluted (Note 4)

0.20

-0.01

0.13

0.17

-0.39

-0.12

0.34

0.42

0.35

0.36

0.17

0.03

0.21

-

-

0.21

0.11

-

-

-

0.17

-

-

-

0.31

-

-

-

0.26

-

-

-

0.08

-

0.29

0.02

0.18

-

-

0.07

-

-

-

-

-1.25

1.33

-0.45

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

0.09

0.22

0.16

0.08

-

0.24

0.22

-

-0.05

0.35

0.44

0.29

-

0.23

0.33

-

-

-

-

-

0.13

0.25

0.04

0.18

-

3.51

0.04

-

-

-

-

-

-0.94

-0.98

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

0.69

0.08

0.05

0.03

-

0.11

0.04

-

0.29

1.82

0.04

0.02

-

0.04

0.02

-

-

-

-

-

0.00

0.04

-0.02

0.00

-

0.01

0.03

-

-

-

-

-

2.27

0.53

Net earnings per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.30

-

-

-

0.35

0.26

-

-

2.17

0.48

-

-

0.27

0.35

-

-

0.22

0.16

-

-

-

-

-

-

3.52

-

-0.10

-

-

-0.50

-

-

-

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.21

-

-

-

0.23

-

-

-

0.35

0.43

-

-

0.23

0.33

-

-

-

-

-

-

-

-

-

-

3.49

-

-

-

-

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.09

-

-

-

0.12

-

-

-

1.80

0.04

-

-

0.04

0.02

-

-

-

-

-

-

-

-

-

-

0.01

-

-

-

-

-

-

-

-

Net earnings per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.30

-

-

-

0.35

-

-

-

2.15

0.47

-

-

0.27

0.35

-

-

0.22

0.16

-

-

-

-

-

-

3.50

-

-0.10

-

-

-0.50

-

-

-

Dividends paid per share

-

-

-

-

-

-

-

-

-

-

0.31

0.31

0.31

-

0.31

0.31

0.31

0.31

0.31

0.29

0.29

0.29

0.29

0.22

0.22

-

0.22

-

-

0.17

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.05

26.46

0.05

0.05

0.05

0.05

0.25

0.25

0.60

0.60

Weighted average shares outstanding (in thousands) (Note 4):
Basic

746

745

745

745

746

748

754

757

756

755

753

752

750

749

749

743

632

511

514

516

523

523

531

586

584

584

582

552

545

542

539

537

537

536

537

538

537

539

317

211

211

211

211

211

211

211

211

Diluted

747

744

746

746

746

749

757

760

759

758

756

756

754

752

754

747

634

514

517

519

527

528

536

589

589

589

587

557

550

547

542

540

539

538

539

541

540

542

318

212

211

211

211

211

211

211

211