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Condensed Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 2,559 $ 1,116
Short-term investments 480 629
Receivables (less allowance for doubtful accounts of $73 and $74) 3,016 2,736
Inventories 1,929 1,824
Deferred income taxes 433 425
Other 471 484
Total current assets 8,888 7,214
Property, plant and equipment (net of accumulated depreciation of $4,696 and $4,805) 2,724 2,876
Goodwill 2,969 3,008
Identifiable intangible assets, net 1,326 1,339
Deferred income taxes 270 491
Investments 380 393
Other assets 560 542
Total 17,117 15,863
Current liabilities:    
Accounts payable and accrued liabilities 3,712 3,265
Asbestos settlement 769 763
Restructuring reserves 66 73
Short-term debt and current portion of long-term debt 19 34
Total current liabilities 4,566 4,135
Long-term debt 3,373 3,372
Accrued pensions 718 728
Other postretirement benefits 1,006 1,007
Asbestos settlement 249 245
Deferred income taxes 281 249
Other liabilities 835 929
Other liabilities 11,028 10,665
Commitments and contingent liabilities (Note 16)      
Shareholders’ equity:    
Common stock 484 484
Additional paid-in capital 989 953
Retained earnings 13,934 12,757
Treasury stock, at cost (8,185) (8,002)
Accumulated other comprehensive loss (1,230) (1,260)
Total PPG shareholders’ equity 5,992 4,932
Noncontrolling interests 97 266
Total shareholders’ equity 6,089 5,198
Total $ 17,117 $ 15,863