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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Common Share Calculations
The following table presents the earnings per common share calculations for the three months ended March 31, 2013 and 2012.
 
Three Months
Ended March 31
 
(Millions, except per share amounts)
2013
 
2012
 
Earnings per common share (attributable to PPG)
 
 
 
 
Income from continuing operations, net of tax
$
219

 
$
(50
)
 
Income from discontinued operations, net of tax
2,191

 
63

 
Net income (attributable to PPG)
$
2,410

 
$
13

 
Weighted average common shares outstanding
146.1

 
152.8

 
Earnings per common share (attributable to PPG):
 
 
 
 
Income from continuing operations, net of tax
$
1.50

 
$
(0.33
)
 
Income from discontinued operations, net of tax
14.99

 
0.41

 
Net income (attributable to PPG)
$
16.49

 
$
0.08

 
Earnings per common share - assuming dilution (attributable to PPG)
 
 
 
 
Income from continuing operations, net of tax
$
219

 
$
(50
)
 
Income from discontinued operations, net of tax
2,191

 
63

 
Net income (attributable to PPG)
$
2,410

 
$
13

 
Weighted average common shares outstanding
146.1

 
152.8

 
Effect of dilutive securities:
 
 
 
 
Stock options
0.9

 
0.9

 
Other stock compensation plans
0.7

 
0.8

 
Potentially dilutive common shares
1.6

 
1.7

 
Adjusted weighted average common shares outstanding
147.7

 
154.5

 
Earnings per common share - assuming dilution (attributable to PPG):
 
 
 
 
Income from continuing operations, net of tax
$
1.48

 
$
(0.32
)
 
Income from discontinued operations, net of tax
14.83

 
0.40

 
Net income (attributable to PPG)
$
16.31

 
$
0.08