Condensed Consolidated Statement of Income - USD ($)
$ in Millions |
3 Months Ended |
Mar. 31, 2016 |
Mar. 31, 2015 |
| Income Statement [Abstract] |
|
|
| Net sales |
$ 3,672
|
$ 3,662
|
| Cost of sales, exclusive of depreciation and amortization |
2,013
|
2,065
|
| Selling, general and administrative |
919
|
914
|
| Depreciation |
91
|
87
|
| Amortization |
30
|
33
|
| Research and development, net |
118
|
119
|
| Interest expense |
31
|
29
|
| Interest income |
(7)
|
(11)
|
| Asbestos settlement, net |
3
|
3
|
| Other charges |
21
|
24
|
| Other income |
(18)
|
(31)
|
| Income from continuing operations before income taxes |
471
|
430
|
| Income tax expense |
117
|
104
|
| Income from continuing operations |
354
|
326
|
| Income from discontinued operations, net of tax |
0
|
(1)
|
| Net income attributable to the controlling and noncontrolling interests |
354
|
327
|
| Less: Net income attributable to noncontrolling interests |
(7)
|
(5)
|
| Net income (attributable to PPG) |
347
|
322
|
| Income from continuing operations, net of tax |
347
|
321
|
| Income from discontinued operations, net of tax |
$ 0
|
$ 1
|
| Income from continuing operations, net of tax |
$ 1.30
|
$ 1.17
|
| Income from discontinued operations, net of tax |
0.00
|
0.01
|
| Net income (attributable to PPG) |
1.30
|
1.18
|
| Income from continuing operations, net of tax |
1.29
|
1.16
|
| Income from discontinued operations, net of tax |
0.00
|
0.01
|
| Net income (attributable to PPG) |
1.29
|
1.17
|
| Dividends per common share |
$ 0.36
|
$ 0.33
|