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Commitments and Contingent Liabilities (Tables)
9 Months Ended
Sep. 30, 2012
Commitments and Contingencies Disclosure [Abstract]  
Accretion Of Future Funding Obligation
The future accretion of the noncurrent portion of the liability will total $113 million and be reported as expense in the condensed consolidated statement of income over the period through 2023, as follows (in millions):
 
Remainder of 2012
$
4

2013
14

2014 – 2023
95

Total
$
113

Litigation Settlements Disclosure
The following table summarizes the impact on PPG’s financial statements for the three and nine months ended September 30, 2012 and 2011 resulting from the 2009 PPG Settlement Arrangement including the change in fair value of the stock to be transferred to the Trust and the equity forward instrument (see Note 15, “Derivative Financial Instruments and Hedge Activities”) and the increase in the net present value of the future payments to be made to the Trust.
  
Three Months
Ended September 30
 
Nine Months
Ended September 30
Increase (decrease) in expense
2012
 
2011
 
2012
 
2011
 
(Millions)
Change in fair value:
 
 
 
 
 
 
 
PPG stock
$
13

 
$
(28
)
 
$
44

 
$
18

Equity forward instrument
(12
)
 
28

 
(45
)
 
(18
)
Accretion of asbestos liability
2

 
3

 
10

 
9

Asbestos settlement – net expense
$
3

 
$
3

 
$
9

 
$
9