Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2013

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the fair value of assets acquired and liabilities assumed as reflected in the purchase price allocations for the Dyrup, Colpisa, and Spraylat acquisitions.

	(Millions)
Cash	$	6
Current assets	167
Property, plant, and equipment	91
Goodwill	35
Identifiable intangible assets	57
Other non-current assets	19
Total assets	$	375
Short-term debt	(110		)
Current liabilities	(71		)
Long-term debt	(10		)
Other long-term liabilities	(22		)
Total liabilities	$	(213	)
Total purchase price including cash in escrow and contingent payments	$	162

PPG is in the process of completing valuations of assets acquired and liabilities assumed for the North American architectural coatings acquisition. As such, the allocation of the purchase price is subject to change. The following table summarizes the estimated fair value of assets acquired and liabilities assumed as reflected in the preliminary purchase price allocation for the North American architectural coatings acquisition.

	(Millions)
Current assets	$	550
Property, plant, and equipment	180
Trademarks with indefinite lives	174
Identifiable intangible assets with finite lives	196
Goodwill	234
Other non-current assets	61
Total assets	$	1,395
Current liabilities	(332		)
Accrued pensions	(29		)
Other post-retirement benefits	(40		)
Other long-term liabilities	(40		)
Total liabilities	$	(441	)
Total purchase price, net of cash acquired	$	954

Pro Forma Information

The following information reflects the net sales of PPG for the years ended December 31, 2013 and 2012 on a pro forma basis as if the transaction for the North American architectural coatings acquisition had been completed on January 1, 2012.

Condensed Consolidated Pro Forma information (unaudited)
	Year ended
Millions	2013	2012
Net sales	$15,480	$15,049