Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2013

The following table presents the earnings per common share calculations for the three and six months ended June 30, 2013 and 2012.



	Three Months Ended June 30				Six Months Ended June 30
(Millions, except per share amounts)	2013		2012		2013		2012
Earnings per common share (attributable to PPG)
Income from continuing operations, net of tax	$	341	$	297	$	560	$	247
Income from discontinued operations, net of tax	—		65		2,191		128
Net income (attributable to PPG)	$	341	$	362	$	2,751	$	375
Weighted average common shares outstanding	143.4		153.2		145.0		153.0
Earnings per common share (attributable to PPG):
Income from continuing operations, net of tax	$	2.38	$	1.94	$	3.86	$	1.61
Income from discontinued operations, net of tax	—		0.43		15.11		0.84
Net income (attributable to PPG)	$	2.38	$	2.37	$	18.97	$	2.45
Earnings per common share - assuming dilution (attributable to PPG)
Income from continuing operations, net of tax	$	341	$	297	$	560	$	247
Income from discontinued operations, net of tax	—		65		2,191		128
Net income (attributable to PPG)	$	341	$	362	$	2,751	$	375
Weighted average common shares outstanding	143.4		153.2		145.0		153.0
Effect of dilutive securities:
Stock options	0.9		0.9		0.9		0.9
Other stock compensation plans	0.7		0.9		0.8		0.8
Potentially dilutive common shares	1.6		1.8		1.7		1.7
Adjusted weighted average common shares outstanding	145.0		155.0		146.7		154.7
Earnings per common share - assuming dilution (attributable to PPG):
Income from continuing operations, net of tax	$	2.35	$	1.92	$	3.82	$	1.60
Income from discontinued operations, net of tax	—		0.42		14.94		0.82
Net income (attributable to PPG)	$	2.35	$	2.34	$	18.76	$	2.42