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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Common Share Calculations
The following table presents the earnings per common share calculations for the three and nine months ended September 30, 2012 and 2011.
 
 
Three Months
Ended September 30
 
Nine Months Ended September 30
(Millions, except per share amounts)
2012
 
2011
 
2012
 
2011
Earnings per common share (attributable to PPG)
 
 
 
 
 
 
 
Net income (attributable to PPG)
$
339

 
$
311

 
$
714

 
$
879

Weighted average common shares outstanding
153.7

 
156.8

 
153.2

 
158.5

Earnings per common share (attributable to PPG)
$
2.21

 
$
1.98

 
$
4.66

 
$
5.55

Earnings per common share - assuming dilution (attributable to PPG)
 
 
 
 
 
 
 
Net income (attributable to PPG)
$
339

 
$
311

 
$
714

 
$
879

Weighted average common shares outstanding
153.7

 
156.8

 
153.2

 
158.5

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
0.9

 
1.0

 
0.8

 
1.2

Other stock compensation plans
0.9

 
0.8

 
0.8

 
0.8

Potentially dilutive common shares
1.8

 
1.8

 
1.6

 
2.0

Adjusted weighted average common shares outstanding
155.5

 
158.6

 
154.8

 
160.5

Earnings per common share - assuming dilution (attributable to PPG)
$
2.18

 
$
1.96

 
$
4.61

 
$
5.48