Commitments and Contingent Liabilities (Tables)

9 Months Ended

Sep. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Accretion Of Future Funding Obligation

The future accretion of the noncurrent portion of the liability will total $84 million and be reported as expense in the condensed consolidated statement of income over the period through 2023, as follows (in millions):

Remainder of 2014	$	3
2015	14
2016 – 2023	67
Total	$	84

Litigation Settlements Disclosure

The following table summarizes the impact on PPG’s financial statements for the three and nine months ended September 30, 2014 and 2013 resulting from the 2009 PPG Settlement Arrangement including the change in fair value of the stock to be transferred to the Trust and the equity forward instrument (see Note 13, “Financial Instruments, Hedging Activities and Fair Value Measurements”) and the increase in the net present value of the future payments to be made to the Trust.

($ in millions)	Three Months Ended September 30						Nine Months Ended September 30
Increase (decrease) in expense	2014			2013			2014			2013
Change in fair value:
PPG stock	$	(18	)	$	29		$	10		$	45
Equity forward instrument	18			(29		)	(11		)	(46		)
Accretion of asbestos liability	3			3			10			10
Asbestos settlement – net expense	$	3		$	3		$	9		$	9