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Condensed Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,392 $ 1,457
Short-term investments 619 25
Receivables (less allowance for doubtful accounts of $78 and $71) 3,190 2,830
Inventories (Note 5) 1,777 1,607
Other 799 775
Total current assets 7,777 6,694
Property (net of accumulated depreciation of $6,092 and $5,893) 2,759 2,721
Investments 424 387
Goodwill (Note 6) 2,706 2,660
Identifiable intangible assets - net (Note 6) 1,066 1,125
Other assets 874 795
Total 15,606 14,382
Current liabilities:    
Short-term debt and current portion of long-term debt (Note 8) 636 108
Asbestos settlement (Note 18) 654 593
Accounts payable and accrued liabilities 3,105 2,996
Business restructuring (Note 7) 95 5
Total current liabilities 4,490 3,702
Long-term debt (Note 8) 3,365 3,574
Asbestos settlement (Note 18) 234 241
Deferred income taxes 263 272
Accrued pensions (Note 12) 992 968
Other postretirement benefits (Note 12) 1,226 1,307
Other liabilities 904 872
Total liabilities 11,474 10,936
Commitments and contingent liabilities (Note 18)      
Shareholders' equity (Note 13):    
Common stock 484 484
Additional paid-in capital 851 783
Retained earnings 9,734 9,288
Treasury stock, at cost (5,504) (5,506)
Accumulated other comprehensive loss (1,704) (1,800)
Total PPG shareholders' equity 3,861 3,249
Noncontrolling interests 271 197
Total shareholders' equity 4,132 3,446
Total $ 15,606 $ 14,382