MERGER WITH PLUM CREEK MERGER WITH PLUM CREEK

6 Months Ended

Jun. 30, 2017

On February 19, 2016, we merged with Plum Creek Timber Company, Inc. (Plum Creek). Plum Creek was a REIT that primarily owned and managed timberlands in the United States. Plum Creek also produced wood products, developed opportunities for mineral and other natural resource extraction, and sold real estate properties.

The acquisition of total assets of $10.0 billion was a noncash investing and financing activity comprised of $6.4 billion in equity consideration transferred and $3.6 billion of liabilities assumed.

Summarized unaudited pro forma information that presents combined amounts as if this merger occurred at the beginning of 2016 is as follows:



	QUARTER ENDED		YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS, EXCEPT PER-SHARE FIGURES	JUNE 2016		JUNE 2016
Net sales	$	1,655	$	3,216
Net earnings from continuing operations attributable to Weyerhaeuser common shareholders	$	122	$	266
Earnings from continuing operations per share attributable to Weyerhaeuser common shareholders, basic and diluted	$	0.16	$	0.35

Pro forma "Net earnings from continuing operations attributable to Weyerhaeuser common shareholders" excludes $3 million and $134 million non-recurring merger-related costs (net of tax) incurred in the quarter and year-to-date ended June 30, 2016, respectively. Pro forma data may not be indicative of the results that would have been obtained had these events occurred at the beginning of the periods presented, nor is it intended to be a projection of future results.