Separation and Merger Transaction Separation and Merger Transaction (Tables)

12 Months Ended

Dec. 31, 2012



	Year-ended
Millions	2012			2011			2010
Net sales	$	1,688		$	1,732		$	1,434
Income before income taxes	$	345		$	376		$	187
Income tax expense	$	117		$	126		$	68
Income from discontinued operations, net of tax	$	228		$	250		$	119
Less: Net income attributable to non-controlling interests, discontinued operations	$	(13	)	$	(13	)	$	(8	)
Net income from discontinued operations (attributable to PPG)	$	215		$	237		$	111

- Definition

Tabular disclosure of significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, losses resulting from fire or flood, losses on receivables, significant realized and unrealized gains and losses that result from changes in quoted market prices of securities, declines in market prices of inventory, changes in authorized or issued debt (SEC), significant foreign exchange rate changes, substantial loans to insiders or affiliates, significant long-term investments, and substantial dividends not in the ordinary course of business.

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