XML 42 R50.htm IDEA: XBRL DOCUMENT v2.4.0.8
Reportable Business Segment Information (Tables)
 12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Reportable Business Segment
(Millions)
Reportable Business Segments
Performance
Coatings
 
Industrial
Coatings
 
Architectural
Coatings –
EMEA
 
Optical
and
Specialty
Materials
 
Glass 
 
Corporate /
Eliminations /
Non-
Segment
Items(1)
 
Consolidated
Totals
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales to external customers
$
5,872

 
$
4,845

 
$
2,062

 
$
1,262

 
$
1,067

 
$
—

 
$
15,108

Intersegment net sales
—

 
—

 
—

 
3

 
1

 
(4
)
 
—

Total net sales
$
5,872

 
$
4,845

 
$
2,062

 
$
1,265

 
$
1,068

 
$
(4
)
 
$
15,108

Segment income
$
858

 
$
724

 
$
184

 
$
368

 
$
56

 
$
—

 
$
2,190

Legacy items(2)
 
 
 
 
 
 
 
 
 
 
 
 
(165
)
Business restructuring
 
 
 
 
 
 
 
 
 
 
 
 
(98
)
Certain acquisition-related costs(5) 
 
 
 
 
 
 
 
 
 
 
 
 
(42
)
Interest expense, net of interest income
 
 
 
 
 
 
 
 
 
 
 
 
(153
)
Corporate unallocated(1)
 
 
 
 
 
 
 
 
 
 
 
 
(243
)
Income before income taxes
 
 
 
 
 
 
 
 
 
 
 
 
$
1,489

Depreciation and amortization
$
164

 
$
98

 
$
105

 
$
34

 
$
52

 
$
22

 
$
475

Share of net earnings (loss) of equity affiliates
(1
)
 
(1
)
 
2

 
—

 
(6
)
 
(2
)
 
(8
)
Segment assets(3)
5,360

 
3,174

 
2,673

 
693

 
917

 
3,046

 
15,863

Investment in equity affiliates
9

 
16

 
23

 
—

 
149

 
48

 
245

Expenditures for property (including business acquisitions)
1,130

 
163

 
37

 
66

 
80

 
32

 
1,508

    
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales to external customers
$
4,752

 
$
4,379

 
$
2,147

 
$
1,202

 
$
1,032

 
$
—

 
$
13,512

Intersegment net sales
—

 
—

 
—

 
3

 
—

 
(3
)
 
—

Total net sales
$
4,752

 
$
4,379

 
$
2,147

 
$
1,205

 
$
1,032

 
$
(3
)
 
$
13,512

Segment income
$
744

 
$
590

 
$
145

 
$
348

 
$
63

 
$
—

 
$
1,890

Legacy items(2)
 
 
 
 
 
 
 
 
 
 
 
 
(217
)
Business restructuring
 
 
 
 
 
 
 
 
 
 
 
 
(208
)
Certain acquisition-related costs(5)
 
 
 
 
 
 
 
 
 
 
 
 
(5
)
Charges related to acquisition of Dyrup and Colpisa
 
 
 
 
 
 
 
 
 
 
 
 
(6
)
Interest expense, net of interest income
 
 
 
 
 
 
 
 
 
 
 
 
(171
)
Corporate unallocated(1)
 
 
 
 
 
 
 
 
 
 
 
 
(226
)
Income before income taxes
 
 
 
 
 
 
 
 
 
 
 
 
$
1,057

Depreciation and amortization
$
112

 
$
87

 
$
115

 
$
32

 
$
53

 
$
22

 
$
421

Share of net earnings/(loss) of equity affiliates
1

 
(1
)
 
2

 
—

 
4

 
3

 
9

Segment assets(3)
3,993

 
2,886

 
2,727

 
646

 
914

 
4,712

 
15,878

Investment in equity affiliates
10

 
15

 
19

 
—

 
166

 
52

 
262

Expenditures for property (including business acquisitions)
103

 
184

 
52

 
65

 
46

 
70

 
520


(Millions)
Reportable Business Segments
Performance
Coatings
 
Industrial
Coatings
 
Architectural
Coatings –
EMEA
 
Optical
and
Specialty
Materials
 
Glass 
 
Corporate /
Eliminations /
Non-
Segment
Items(1)
 
Consolidated
Totals
2011
 

 
 

 
 

 
 

 
 

 
 

 
—

Net sales to external customers
$
4,626

 
$
4,158

 
$
2,104

 
$
1,204

 
$
1,061

 
$
—

 
$
13,153

Intersegment net sales
—

 
—

 
—

 
3

 
—

 
(3
)
 
—

Total net sales
$
4,626

 
$
4,158

 
$
2,104

 
$
1,207

 
$
1,061

 
$
(3
)
 
$
13,153

Segment income
$
673

 
$
438

 
$
123

 
$
326

 
$
97

 
$
—

 
$
1,657

Legacy items(2)
 

 
 

 
 

 
 

 
 

 
 

 
(66
)
Interest expense, net of interest income
 

 
 

 
 

 
 

 
 

 
 

 
(168
)
Corporate unallocated(1)
 

 
 

 
 

 
 

 
 

 
 

 
(201
)
Income before income taxes
 

 
 

 
 

 
 

 
 

 
 

 
$
1,222

Depreciation and amortization (See Note 1)
$
115

 
$
90

 
$
113

 
$
36

 
$
52

 
$
19

 
$
425

Share of net earnings of equity affiliates
2

 
1

 
2

 
—

 
24

 
7

 
36

Segment assets(3)
4,017

 
2,614

 
2,626

 
610

 
919

 
3,596

 
14,382

Investment in equity affiliates
12

 
12

 
20

 
—

 
170

 
47

 
261

Expenditures for property (including business acquisitions)
79

 
73

 
48

 
54

 
56

 
130

 
440
Geographic Information
(Millions)
 
 
 
 
 
Geographic Information
2013
 
2012
 
2011
Net sales(4)
 
 
 
 
 
 
The Americas
 
 
 
 
 
 
 
United States
$
6,147

 
$
5,046

 
$
4,647

 
 
Other Americas
1,498

 
1,107

 
1,044

 
Europe, Middle East and Africa (“EMEA”)
4,864

 
4,839

 
5,043

 
Asia Pacific
2,599

 
2,520

 
2,419

 
 
Total
$
15,108

 
$
13,512

 
$
13,153

Segment income
 
 
 
 
 
 
The Americas
 
 
 
 
 
 
 
United States
$
1,173

 
$
976

 
$
807

 
 
Other Americas
136

 
98

 
73

 
EMEA
514

 
475

 
454

 
Asia Pacific
367

 
341

 
323

 
 
Total
$
2,190

 
$
1,890

 
$
1,657

Property—net
 
 
 
 
 
 
The Americas
 
 
 
 
 
 
 
United States
$
1,285

 
$
1,379

 
$
1,345

 
 
Other Americas
153

 
100

 
98

 
EMEA
935

 
903

 
841

 
Asia Pacific
503

 
506

 
437

 
 
Total
$
2,876

 
$
2,888

 
$
2,721

(1)
Corporate intersegment net sales represent intersegment net sales eliminations. Corporate unallocated costs include the costs of corporate staff functions not directly associated with the operating segments, certain legal and insurance costs and stock-based compensation expense.
(2)
Legacy items include current costs related to former operations of the Company, including certain environmental remediation, pension and other postretirement benefit costs, legal costs and certain charges which are considered to be non-recurring. The Legacy items for 2013 and 2012 include environmental remediation pretax charges of $101 million and $159 million, respectively. These charges relate to continued environmental remediation activities at legacy chemicals sites, primarily at PPG's former Jersey City, N.J. chromium manufacturing plant and associated sites (See Note 14). Legacy items also include equity earnings from PPG’s approximate 40% investment in the former automotive glass and services business.
(3)
Segment assets are the total assets used in the operation of each segment. Corporate assets are principally cash and cash equivalents, cash held in escrow, short term investments, deferred tax assets and the approximate 40% investment in the former automotive glass and services business. Non-segment items for 2012 and 2011 also includes the assets of the former commodity chemicals business which has been recast as discontinued operations in the Consolidated Statement of Income (See Note 22).
(4)
Net sales to external customers are attributed to geographic regions based upon the location of the operating unit shipping the product.