MERGER WITH PLUM CREEK MERGER WITH PLUM CREEK

12 Months Ended

Dec. 31, 2018

Business Combinations [Abstract]

MERGER WITH PLUM CREEK

MERGER WITH PLUM CREEK

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 2015

DOLLAR AMOUNTS IN MILLIONS, EXCEPT PER-SHARE FIGURES
	2016
Net sales	$	6,525
Net earnings from continuing operations attributable to Weyerhaeuser common shareholders	$	519
Net earnings from continuing operations per share attributable to Weyerhaeuser common shareholders, basic	$	0.69
Net earnings from continuing operations per share attributable to Weyerhaeuser common shareholders, diluted	$	0.68

Pro forma net earnings attributable to Weyerhaeuser common shareholders exclude $155 million of non-recurring merger-related costs (net of tax) incurred in the year ended December 31, 2016. Pro forma data may not be indicative of the results that would have been obtained had these events occurred at the beginning of the period presented, nor is it intended to be a projection of future results.