Item 6. SELECTED FINANCIAL DATA

SELECTED FINANCIAL DATA

DOLLAR AMOUNTS IN MILLIONS, EXCEPT PER-SHARE FIGURES



PER COMMON SHARE
	2015			2014		2013		2012		2011
Diluted earnings from continuing operations attributable to Weyerhaeuser common shareholders	$	0.89		1.40		0.82		0.58		0.50
Diluted earnings from discontinued operations attributable to Weyerhaeuser common shareholders(1)	—			1.78		0.13		0.13		0.11
Diluted net earnings attributable to Weyerhaeuser common shareholders	$	0.89		3.18		0.95		0.71		0.61
Dividends paid per common share	$	1.20		1.02		0.81		0.62		0.60
Weyerhaeuser shareholders’ interest (end of year)	$	9.54		10.11		11.64		7.50		7.95
FINANCIAL POSITION
	2015			2014		2013		2012		2011
Total assets	$	12,486		13,265		14,372		12,609		12,523
Total long-term debt	$	4,891		4,891		4,891		4,291		4,478
Weyerhaeuser shareholders’ interest	$	4,869		5,304		6,795		4,070		4,263
Percent earned on average Weyerhaeuser shareholders’ interest	9.1		%	29.5	%	9.9	%	9.2	%	7.5	%
OPERATING RESULTS
	2015			2014		2013		2012		2011
Net sales	$	7,082		7,403		7,254		5,989		5,378
Earnings from continuing operations	$	506		828		491		312		270
Discontinued operations, net of income taxes(1)	—			998		72		72		61
Net earnings	506			1,826		563		384		331
Net loss (earnings) attributable to noncontrolling interest	—			—		—		1		—
Net earnings attributable to Weyerhaeuser	506			1,826		563		385		331
Dividends on preference shares	(44		)	(44	)	(23	)	—		—
Net earnings attributable to Weyerhaeuser common shareholders	$	462		1,782		540		385		331
CASH FLOWS
	2015			2014		2013		2012		2011
Net cash from operations	$	1,064		1,088		1,004		581		291
Cash from investing activities	(487		)	361		(1,829	)	(192	)	122
Cash from financing activities	(1,145		)	(704	)	762		(444	)	(927	)
Net change in cash and cash equivalents	$	(568	)	745		(63	)	(55	)	(514	)
STATISTICS (UNAUDITED)
	2015			2014		2013		2012		2011
Number of employees	12,600			12,800		13,700		13,200		12,800
Number of common shareholder accounts at year-end	7,700			8,248		8,859		9,227		9,724
Number of common shares outstanding at year-end (thousands)	510,483			524,474		583,548		542,393		536,425
Weighted average common shares outstanding – diluted (thousands)	519,618			560,899		571,239		542,310		539,879


(1)	See Note 3: Discontinued Operations in the Notes to Consolidated Financial Statements.

WEYERHAEUSER COMPANY > 2015 ANNUAL REPORT AND FORM 10-K 36

Previous: Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES · Next: Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS