Ppg industries inc (PPG)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Net sales

3,377

3,672

3,826

4,024

3,624

3,645

3,817

4,131

3,781

3,682

3,776

3,804

3,486

3,417

3,660

3,782

3,411

2,754

3,725

4,100

3,662

3,138

3,935

4,082

3,636

3,500

3,774

3,883

3,108

2,100

3,845

3,408

3,333

1,785

3,849

3,986

3,533

1,945

3,460

3,458

3,126

3,116

3,225

3,115

2,783

4,225

4,474

Cost of sales, exclusive of depreciation and amortization

1,908

2,111

2,181

2,288

2,073

2,188

2,253

2,379

2,181

2,119

2,104

2,083

1,905

1,910

1,978

1,988

1,817

1,389

2,049

2,283

2,065

1,722

2,229

2,306

2,091

2,028

2,161

2,263

1,862

1,382

2,288

1,983

1,946

968

2,353

2,417

2,127

976

2,108

2,076

1,944

1,934

1,989

1,898

1,718

2,701

2,829

Selling, general and administrative

905

894

887

934

889

855

867

945

906

908

894

876

882

868

893

930

897

841

875

954

914

870

941

985

900

905

910

925

746

569

816

779

823

690

806

829

797

676

739

745

727

757

732

731

716

877

936

Depreciation

93

99

99

91

86

87

89

91

87

86

85

81

79

79

82

79

79

48

87

92

87

64

87

84

89

88

85

85

75

46

89

78

79

45

86

88

86

47

86

85

89

90

88

88

88

105

128

Amortization

36

35

34

35

32

40

33

34

36

34

32

32

31

30

31

30

30

33

33

33

33

33

32

31

30

31

28

34

26

24

27

27

29

28

30

31

31

31

30

30

32

33

32

31

30

34

37

Research and development, net

101

109

107

111

105

105

110

114

112

116

114

112

110

115

115

115

114

107

117

123

119

117

120

126

120

119

117

118

109

95

113

112

110

107

108

110

103

102

97

97

96

102

95

97

94

114

118

Interest expense

32

33

33

35

31

30

31

31

26

27

27

26

25

29

34

31

31

31

31

34

29

45

47

48

47

48

48

47

53

51

54

54

51

51

51

55

53

52

46

46

45

49

47

49

48

62

65

Interest income

9

9

10

7

6

5

6

7

5

7

5

4

4

6

6

7

7

8

10

10

11

12

13

13

12

13

11

9

10

10

10

10

10

10

11

11

10

-

9

-

-

-

-

-

-

-

-

In-process research and development (See Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Business restructuring, net

7

1

2

176

-3

-5

-12

83

0

-

0

0

-

191

0

0

0

-

0

140

-

-

0

0

-

-

98

-

-

-32

0

0

208

-

0

-

-

-

-

-

-

0

0

0

186

163

0

Noncash Pension Settlement Charge - before tax

-

-

-

-

-

-

-

-

-

38

0

0

22

0

968

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asbestos settlement, net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-2

-3

-3

-3

-3

-3

-3

-3

-3

-3

-2

-3

-3

-3

-3

-3

-3

-3

-3

-3

-3

-3

-3

-3

-3

-3

-3

-3

-3

-4

-5

-4

Other charges

3

29

26

29

14

50

25

6

41

25

18

8

14

117

12

29

17

11

21

34

24

27

150

19

21

21

119

24

25

9

24

20

170

3

14

14

32

9

28

17

20

16

20

12

17

23

10

Other income

18

28

14

31

16

42

24

24

24

41

16

69

24

47

21

45

14

6

35

38

31

-1

160

31

25

45

31

29

22

24

45

40

29

9

53

50

40

30

54

53

36

40

56

47

7

62

47

Income before income taxes

319

398

481

363

419

342

451

479

421

377

523

659

446

131

-426

630

444

309

554

452

430

-49

499

524

372

316

247

422

241

47

426

402

-47

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

486

-

-

-

462

500

351

-

386

412

206

200

275

253

-111

203

394

Income tax expense

71

95

109

86

102

83

79

104

87

224

124

157

110

40

-220

285

109

66

133

110

104

-93

116

125

89

71

40

98

44

-35

122

92

-31

-80

120

128

92

-5

94

111

147

37

90

84

-20

65

116

Income from continuing operations

-

-

372

277

-

259

372

375

334

153

399

502

336

91

-206

345

335

243

421

342

326

44

383

399

283

245

207

324

197

58

328

310

-16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

1

2

-

2

10

0

6

3

217

-1

6

253

27

31

19

76

18

0

1

45

-6

-7

1,018

37

48

47

2,248

195

68

54

67

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to controlling and noncontrolling interests

248

300

373

279

317

261

382

375

340

156

616

501

342

344

-179

376

354

319

439

342

327

89

377

392

1,301

282

255

371

2,445

285

364

364

51

239

342

372

259

228

292

301

59

163

185

169

-91

138

278

Less: Net income attributable to noncontrolling interests

5

8

6

7

5

3

4

4

6

5

6

5

5

4

5

6

7

5

6

5

5

6

6

6

39

28

29

30

35

35

25

25

38

23

31

32

31

23

30

29

29

21

26

23

20

21

28

Net income (attributable to PPG)

243

292

367

272

312

258

378

371

334

151

610

496

337

340

-184

370

347

314

433

337

322

83

371

386

1,262

254

226

341

2,410

250

339

339

13

216

311

340

228

205

262

272

30

142

159

146

-111

117

250

Income from continuing operations, net of tax

-

-

366

270

-

256

368

371

328

148

393

497

331

87

-211

339

328

238

415

337

321

38

377

393

277

237

204

318

191

128

297

288

-50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

1

2

-

2

10

0

6

3

217

-1

6

253

27

31

19

76

18

0

1

45

-6

-7

985

17

22

23

2,219

99

65

51

63

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

1.55

1.14

-

1.08

1.52

1.51

1.32

0.59

1.53

1.93

1.29

0.34

-0.79

1.26

1.23

0.89

1.53

1.24

1.17

-0.84

1.36

1.41

1.99

-1.65

1.43

2.22

1.31

0.83

1.94

1.88

-0.33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

0.00

0.01

-

0.01

0.04

0.00

0.02

0.01

0.85

0.00

0.02

0.96

0.10

0.12

0.07

0.27

0.07

0.00

0.01

-3.36

-0.02

-0.02

7.08

-7.53

0.15

0.16

15.18

0.64

0.43

0.33

0.41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Basic

1.03

1.23

1.55

1.15

1.32

1.09

1.56

1.51

1.34

0.60

2.38

1.93

1.31

1.30

-0.69

1.38

1.30

1.16

1.60

1.24

1.18

-4.20

1.34

1.39

9.07

-9.18

1.58

2.38

16.49

1.63

2.21

2.21

0.08

1.41

1.98

2.15

1.42

1.26

1.59

1.64

0.18

0.87

0.96

0.89

-0.68

0.71

1.52

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

-

-

1.54

1.13

-

1.07

1.51

1.51

1.31

0.58

1.52

1.92

1.28

0.33

-0.79

1.25

1.22

0.88

1.52

1.23

1.16

-0.84

1.35

1.40

1.97

-1.62

1.41

2.19

1.29

0.81

1.92

1.86

-0.32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

0.00

0.01

-

0.01

0.04

0.00

0.02

0.01

0.84

0.00

0.02

0.96

0.10

0.12

0.07

0.27

0.07

0.00

0.01

-3.32

-0.02

-0.02

7.00

-7.47

0.15

0.16

15.02

0.64

0.43

0.32

0.40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

1.02

1.23

1.54

1.14

1.31

1.08

1.55

1.51

1.33

0.59

2.36

1.92

1.30

1.29

-0.69

1.37

1.29

1.15

1.59

1.23

1.17

-4.16

1.33

1.38

8.97

-9.09

1.56

2.35

16.31

1.62

2.18

2.18

0.08

1.39

1.96

2.12

1.40

1.24

1.58

1.63

0.18

0.86

0.96

0.89

-0.68

0.70

1.51

Dividends per common share (in usd per share)

-

-

-

-

-

-

-

-

-

-

0.45

0.40

-

-

-

-

-

-

0.36

0.36

0.33

-

0.34

0.33

0.61

-

0.61

0.61

0.59

-

0.59

0.59

0.57

-

0.57

0.57

0.55

-

0.55

0.54

0.54

-

0.53

0.53

0.53

0.52

0.52