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Commitments and Contingent Liabilities (Tables)
6 Months Ended
Jun. 30, 2013
Commitments and Contingencies Disclosure [Abstract]  
Accretion Of Future Funding Obligation
The future accretion of the noncurrent portion of the liability will total $102 million and be reported as expense in the condensed consolidated statement of income over the period through 2023, as follows (in millions):
 
Remainder of 2013
$
7

2014
14

2015 – 2023
81

Total
$
102

Litigation Settlements Disclosure
The following table summarizes the impact on PPG’s financial statements for the three and six months ended June 30, 2013 and 2012 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 17, “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 June 30
 
Six Months
Ended June 30
Increase (decrease) in expense
2013
 
2012
 
2013
 
2012
 
(Millions)
Change in fair value:
 
 
 
 
 
 
 
PPG stock
$
16

 
$
14

 
$
15

 
$
31

Equity forward instrument
(17
)
 
(15
)
 
(16
)
 
(33
)
Accretion of asbestos liability
4

 
4

 
7

 
8

Asbestos settlement – net expense
$
3

 
$
3

 
$
6

 
$
6