PPG INDUSTRIES INC PPG Income Statement

Ppg industries inc (PPG)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Net sales
14,899	15,146	15,119	15,110	15,217	15,374	15,411	15,370	15,043	14,748	14,483	14,367	14,345	14,270	13,607	13,672	13,990	14,241	14,625	14,835	14,817	14,791	15,153	14,992	14,793	14,265	12,865	12,936	12,461	12,686	12,371	12,375	12,953	13,153	13,313	12,924	12,396	11,989	13,160	12,925	12,582	12,239	13,348	14,597	0	0	0
Cost of sales, exclusive of depreciation and amortization
8,488	8,653	8,730	8,802	8,893	9,001	8,932	8,783	8,487	8,211	8,002	7,876	7,781	7,693	7,172	7,243	7,538	7,786	8,119	8,299	8,322	8,348	8,654	8,586	8,543	8,314	7,668	7,795	7,515	7,599	7,185	7,250	7,684	7,865	7,873	7,628	7,287	7,104	8,062	7,943	7,765	7,539	8,306	9,146	0	0	0
Selling, general and administrative
3,620	3,604	3,565	3,545	3,556	3,573	3,626	3,653	3,584	3,560	3,520	3,519	3,573	3,588	3,561	3,543	3,567	3,584	3,613	3,679	3,710	3,696	3,731	3,700	3,640	3,486	3,150	3,056	2,910	2,987	3,108	3,098	3,148	3,122	3,108	3,041	2,957	2,887	2,968	2,961	2,947	2,936	3,056	3,260	0	0	0
Depreciation
382	375	363	353	353	354	353	349	339	331	324	321	319	319	288	293	306	314	330	330	322	324	348	346	347	333	291	295	288	292	291	288	298	305	307	307	304	307	350	352	355	354	369	409	0	0	0
Amortization
140	136	141	140	139	143	137	136	134	129	125	124	122	121	124	126	129	132	132	131	129	126	124	120	123	119	112	111	104	107	111	114	118	120	123	123	122	123	125	127	128	126	127	132	0	0	0
Research and development, net
428	432	428	431	434	441	452	456	454	452	451	452	455	459	451	453	461	466	476	479	482	483	485	482	474	463	439	435	429	430	442	437	435	428	423	412	399	392	392	390	390	388	400	423	0	0	0
Interest expense
133	132	129	127	123	118	115	111	106	105	107	114	119	125	127	124	127	125	139	155	169	187	190	191	190	196	199	205	212	210	210	207	208	210	211	206	197	189	186	187	190	193	206	224	0	0	0
Interest income
35	32	28	24	24	23	25	24	21	20	19	20	23	26	28	32	35	39	43	46	49	50	51	49	45	43	40	39	40	40	40	41	42	42	41	0	0	-	0	-	-	-	-	-	-	-	-
In-process research and development (See Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Business restructuring, net
186	176	170	156	63	66	71	83	0	-	0	0	-	191	0	140	0	-	0	0	-	-	0	0	-	-	0	-	-	176	208	0	0	-	0	-	-	-	-	-	-	186	349	349	0	0	0
Noncash Pension Settlement Charge - before tax
-	-	-	-	-	-	-	-	-	60	22	990	990	968	968	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asbestos settlement, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-5	-8	-11	-12	-12	-12	-12	-12	-12	-11	-11	-11	-11	-12	-12	-12	-12	-12	-12	-12	-12	-12	-12	-12	-12	-12	-12	-12	-13	-15	-16	0	0	0
Other charges
87	98	119	118	95	122	97	90	92	65	157	151	172	175	69	78	83	90	106	235	220	217	211	180	185	189	177	82	78	223	217	207	201	63	69	83	86	74	81	73	68	65	72	62	0	0	0
Other income
91	89	103	113	106	114	113	105	150	150	156	161	137	127	86	100	93	110	103	228	221	215	261	132	130	127	106	120	131	138	123	131	141	152	173	174	177	173	183	185	179	150	172	163	0	0	0
Income before income taxes
1,561	1,661	1,605	1,575	1,691	1,693	1,728	1,800	1,980	2,005	1,759	810	781	779	957	1,937	1,759	1,745	1,387	1,332	1,404	1,346	1,711	1,459	1,357	1,226	957	1,136	1,116	828	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	0	-	1,204	1,093	934	617	620	739	0	0	0
Income tax expense
361	392	380	350	368	353	494	539	592	615	431	87	215	214	240	593	418	413	254	237	252	237	401	325	298	253	147	229	223	148	103	101	137	260	335	309	292	347	389	385	358	191	219	245	0	0	0
Income from continuing operations
-	-	1,225	1,225	-	1,340	1,234	1,261	1,388	1,390	1,328	723	566	565	717	1,344	1,341	1,332	1,133	1,095	1,152	1,109	1,310	1,134	1,059	973	786	907	893	680	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
-	-	5	14	-	18	19	226	225	225	475	285	317	330	153	144	113	95	64	40	33	1,050	1,042	1,096	1,150	2,380	2,538	2,558	2,565	384	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to controlling and noncontrolling interests
1,200	1,269	1,230	1,239	1,335	1,358	1,253	1,487	1,613	1,615	1,803	1,008	883	895	870	1,488	1,454	1,427	1,197	1,135	1,185	2,159	2,352	2,230	2,209	3,353	3,356	3,465	3,458	1,064	1,018	996	1,004	1,212	1,201	1,151	1,080	880	815	708	576	426	401	494	0	0	0
Less: Net income attributable to noncontrolling interests
26	26	21	19	16	17	19	21	22	21	20	19	20	22	23	24	23	21	22	22	23	57	79	102	126	122	129	125	120	123	111	117	124	117	117	116	113	111	109	105	99	90	90	92	0	0	0
Net income (attributable to PPG)
1,174	1,243	1,209	1,220	1,319	1,341	1,234	1,466	1,591	1,594	1,783	989	863	873	847	1,464	1,431	1,406	1,175	1,113	1,162	2,102	2,273	2,128	2,083	3,231	3,227	3,340	3,338	941	907	879	880	1,095	1,084	1,035	967	769	706	603	477	336	311	402	0	0	0
Income from continuing operations, net of tax
-	-	1,204	1,206	-	1,323	1,215	1,240	1,366	1,369	1,308	704	546	543	694	1,320	1,318	1,311	1,111	1,073	1,129	1,085	1,284	1,111	1,036	950	841	934	904	663	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
-	-	5	14	-	18	19	226	225	225	475	285	317	330	153	144	113	95	64	40	33	1,017	989	1,017	1,047	2,281	2,363	2,406	2,434	278	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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