Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2013

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



	Three Months Ended September 30				Nine Months Ended September 30
(Millions, except per share amounts)	2013		2012		2013		2012
Earnings per common share (attributable to PPG)
Income from continuing operations, net of tax	$	220	$	288	$	780	$	535
Income from discontinued operations, net of tax	6		51		2,197		179
Net income (attributable to PPG)	$	226	$	339	$	2,977	$	714
Weighted average common shares outstanding	143.2		153.7		144.4		153.2
Earnings per common share (attributable to PPG):
Income from continuing operations, net of tax	$	1.54	$	1.88	$	5.40	$	3.49
Income from discontinued operations, net of tax	0.04		0.33		15.21		1.17
Net income (attributable to PPG)	$	1.58	$	2.21	$	20.61	$	4.66
Earnings per common share - assuming dilution (attributable to PPG)
Income from continuing operations, net of tax	$	220	$	288	$	780	$	535
Income from discontinued operations, net of tax	6		51		2,197		179
Net income (attributable to PPG)	$	226	$	339	$	2,977	$	714
Weighted average common shares outstanding	143.2		153.7		144.4		153.2
Effect of dilutive securities:
Stock options	0.9		0.9		0.8		0.8
Other stock compensation plans	0.8		0.9		0.8		0.8
Potentially dilutive common shares	1.7		1.8		1.6		1.6
Adjusted weighted average common shares outstanding	144.9		155.5		146.0		154.8
Earnings per common share - assuming dilution (attributable to PPG):
Income from continuing operations, net of tax	$	1.52	$	1.86	$	5.34	$	3.46
Income from discontinued operations, net of tax	0.04		0.32		15.05		1.15
Net income (attributable to PPG)	$	1.56	$	2.18	$	20.39	$	4.61