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Constraining | ||
Legalese | ||
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8th grade Avg
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New words:
abundant, Bulletin, commodity, component, endedSeptember, framework, guidance, heading, King, mill, Notwithstanding, Post, publicly, quantifying, referenced, SAB, scheduled, thequarterlyand, Washington, YearFinancial
Removed:
announcing, August, industrial, release, strong
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Exhibit 12.1 PLUM CREEK TIMBER COMPANY, INC. |
Years Ended December 31, | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
(In Millions) | 9 Months Ended September 30, 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | ||||||||||||||
Consolidated pretax income from | ||||||||||||||||||||
continuing operations | $ | 262 | $ | 339 | $ | 366 | $ | 186 | $ | 235 | $ | 196 | ||||||||
Interest and other financial | ||||||||||||||||||||
charges included in expense | 103 | 118 | 118 | 126 | 113 | 78 | ||||||||||||||
Interest portion of rental | ||||||||||||||||||||
expense | 2 | 1 | 1 | 1 | 1 | -- | ||||||||||||||
Earnings | $ | 367 | $ | 458 | $ | 485 | $ | 313 | $ | 349 | $ | 274 | ||||||||
Interest and other financial | ||||||||||||||||||||
charges | $ | 103 | $ | 118 | $ | 118 | $ | 126 | $ | 113 | $ | 78 | ||||||||
Interest portion of rental | ||||||||||||||||||||
expense | 2 | 1 | 1 | 1 | 1 | -- | ||||||||||||||
Fixed Charges | $ | 105 | $ | 119 | $ | 119 | $ | 127 | $ | 114 | $ | 78 | ||||||||
Ratio of Earnings to Fixed | ||||||||||||||||||||
Charges | 3.5 | 3.8 | 4.1 | 2.5 | 3.1 | 3.5 | ||||||||||||||