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Derivative Financial Instruments and Hedge Activities (Tables)
 3 Months Ended
Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value, Cash Flow and Net Investment Hedges
The following table provides details for the quarter ended March 31, 2014 related to PPG's hedging activities. All dollar amounts are shown on a pre-tax basis.
($ in Millions)
March 31, 2014

Hedge Type
Gain (Loss)
Deferred in
OCI
 
Gain (Loss) Recognized
Amount
 
Caption
Fair Value
 
 
 
 
 
Foreign currency forward contracts
Not applicable
 
$
—

 
Sales
Equity forward arrangements
Not applicable
 
7

 
Asbestos - net
Total Fair Value
 
 
$
7

 
 
Cash Flow
 
 
 
 
 
Forward starting swaps
—

 
$
(3
)
 
Interest expense
Foreign currency forward contracts
5

 
5

 
Other charges
Total Cash Flow
$
5

 
$
2

 
 
Net Investment
 
 
 
 
 
Cross currency swaps
$
(6
)
 
$
—

 
Other charges
Foreign denominated debt
(1
)
 
Not applicable
 
 
Total Net Investment
$
(7
)
 
 
 
 

The following table provides details for the three month period ended March 31, 2013 related to fair value, cash flow and net investment hedges by type of financial instrument. All amounts are shown on a pre-tax basis:
($ in Millions)
March 31, 2013

Hedge Type
Gain (Loss)
Deferred in OCI
 
Gain (Loss) Recognized
Amount
 
Caption
Fair Value
 
 
 
 
 
Foreign currency forward contracts
Not applicable
 
—

 
Sales
Equity forward arrangements
Not applicable
 
(1
)
 
Asbestos - net
Total Fair Value
 
 
$
(1
)
 
 
Cash Flow
 
 
 
 
 
Forward starting swaps
 
 
(3
)
 
Interest expense
Foreign currency forward contracts
(3
)
 
(3
)
 
Other charges
Total Cash Flow
$
(3
)
 
$
(6
)
 
 
Net Investment
 
 
 
 
 
Cross currency swaps
$
28

 
$
—

 
 
Foreign denominated debt
11

 
Not applicable
 
 
Total Net Investment
$
39