RESULTS OF OPERATIONS
Our 2007 and 2005 results each include 52 weeks of operations while our 2006 results include 53 weeks of operations.

In reviewing our results of operations, it’s important to understand these terms:

• price realizations refer to net selling prices – this includes selling price plus freight minus normal sales deductions; and
• contribution to earnings refers to:
  – earnings before interest and income taxes for the Weyerhaeuser business segments; and
– earnings before income taxes for the Real Estate business segment. Interest that was previously capitalized to Real Estate assets that are sold is included in cost of products sold and is included in contribution to earnings for the Real Estate segment.