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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 1,116 $ 1,306
Short-term investments 629 1,087
Receivables 2,736 2,813
Inventories 1,824 1,687
Deferred income taxes 425 430
Other 484 392
Total current assets 7,214 7,715
Property, plant and equipment, net 2,876 2,888
Goodwill 3,008 2,761
Identifiable intangible assets, net 1,339 1,085
Deferred income taxes 491 669
Investments 393 422
Other assets 542 338
Total 15,863 15,878
Current liabilities    
Accounts payable and accrued liabilities 3,265 3,061
Asbestos settlement 763 683
Restructuring reserves 73 75
Short-term debt and current portion of long-term debt 34 642
Total current liabilities 4,135 4,461
Long-term debt 3,372 3,368
Accrued pensions 728 1,057
Other postretirement benefits 1,007 1,287
Asbestos settlement 245 237
Deferred income taxes 249 231
Other liabilities 929 915
Total liabilities 10,665 11,556
Commitments and contingent liabilities (See Note 14)      
Shareholders’ equity    
Common stock 484 484
Additional paid-in capital 953 870
Retained earnings 12,757 9,871
Treasury stock, at cost (8,002) (5,496)
Accumulated other comprehensive loss (1,260) (1,666)
Total PPG shareholders’ equity 4,932 4,063
Noncontrolling interests 266 259
Total shareholders’ equity 5,198 4,322
Total $ 15,863 $ 15,878