Ppg industries inc (PPG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Net sales

15,146

15,374

14,748

14,270

14,241

14,791

14,265

12,686

13,153

11,989

12,239

15,849

12,220

Cost of sales, exclusive of depreciation and amortization

8,653

9,001

8,209

7,665

7,786

8,348

8,314

7,599

7,865

7,104

7,539

10,155

7,828

Selling, general and administrative

3,604

3,573

3,554

3,555

3,584

3,696

3,486

2,987

3,122

2,887

2,936

3,432

2,310

Depreciation

375

354

331

319

314

324

333

292

305

307

354

428

345

Amortization

136

143

129

121

132

126

119

107

120

123

126

135

58

Research and development, net

432

441

451

453

466

483

463

430

428

392

388

451

348

Interest expense

132

118

105

125

125

187

196

210

210

189

193

254

93

Interest income

32

23

20

26

39

50

43

40

42

34

28

-

-

In-process research and development (See Note 2)

-

-

-

-

-

-

-

-

-

-

-

23

0

Business restructuring, net

176

66

0

191

136

0

98

176

0

0

186

163

0

Debt refinancing charge

-

-

-

-

-

-317

0

0

-

-

-

-

-

Noncash Pension Settlement Charge - before tax

0

0

60

968

0

0

-

-

-

-

-

-

-

Asbestos settlement, net

-

-

-

-5

-12

-12

-11

-12

-12

-12

-13

-4

-24

Other charges

98

122

74

242

90

217

189

223

63

74

65

61

59

Other income

89

114

150

127

110

215

127

138

152

173

150

165

160

Income before income taxes

1,661

1,693

2,005

779

1,745

1,346

1,226

828

1,222

1,108

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

617

908

1,315

Income tax expense

392

353

615

214

413

237

253

148

260

347

191

284

383

Income from continuing operations

1,269

1,340

1,390

565

1,332

1,109

973

680

962

761

-

-

932

Income from discontinued operations, net of tax

0

18

225

330

95

1,050

2,380

384

250

119

-

-

-22

Net income attributable to controlling and noncontrolling interests

1,269

1,358

1,615

895

1,427

2,159

3,353

1,064

1,212

880

426

624

910

Less: Net income attributable to noncontrolling interests

26

17

21

22

21

57

122

123

117

111

90

86

76

Net income (attributable to PPG)

1,243

1,341

1,594

873

1,406

2,102

3,231

941

1,095

769

336

538

834

Income from continuing operations, net of tax

1,243

1,323

1,369

543

1,311

1,085

950

663

858

658

-

-

856

Income from discontinued operations, net of tax

0

18

225

330

95

1,017

2,281

278

237

111

-

-

-22

Earnings Per Share, Basic [Abstract]
Continuing operations (in dollars per share)

5.25

5.43

5.34

2.05

4.83

3.92

3.31

4.32

5.45

4.00

-

-

5.20

Discontinued operations (in dollars per share)

0.00

0.07

0.88

1.24

0.35

3.68

7.96

1.81

1.51

0.67

-

-

-0.13

Earnings Per Share, Basic

5.25

5.50

6.22

3.29

5.18

7.60

11.27

6.13

6.96

4.67

2.04

3.27

5.07

Earnings Per Share, Diluted [Abstract]
Continuing operations (in dollars per share)

5.22

5.40

5.31

2.04

4.79

3.88

3.27

4.27

5.40

3.96

-

-

5.16

Discontinued operations (in dollars per share)

0.00

0.07

0.87

1.23

0.35

3.64

7.86

1.79

1.47

0.67

-

-

-0.13

Earnings Per Share, Diluted

5.22

5.47

6.18

3.27

5.14

7.52

11.13

6.06

6.87

4.63

2.03

3.25

5.03