Consolidated Balance Sheet (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents	$ 686	$ 1,116
Short-term investments	497	629
Receivables	2,815	2,736
Inventories	1,825	1,824
Deferred income taxes	406	425
Other	621	484
Total current assets	6,850	7,214
Property, plant and equipment, net	3,092	2,876
Goodwill	3,801	3,008
Identifiable intangible assets, net	2,411	1,339
Deferred income taxes	505	491
Investments	443	393
Other assets	481	542
Total	17,583	15,863
Current liabilities
Accounts payable and accrued liabilities	3,548	3,265
Asbestos settlement	821	763
Restructuring reserves	26	73
Short-term debt and current portion of long-term debt	481	34
Total current liabilities	4,876	4,135
Long-term debt	3,544	3,372
Accrued pensions	995	728
Other postretirement benefits	1,132	1,007
Asbestos settlement	259	245
Deferred income taxes	702	249
Other liabilities	810	929
Total liabilities	12,318	10,665
Commitments and contingent liabilities (See Note 13)
Shareholders’ equity
Common stock	484	484
Additional paid-in capital	1,028	953
Retained earnings	14,498	12,757
Treasury stock, at cost	(8,714)	(8,002)
Accumulated other comprehensive loss	(2,116)	(1,260)
Total PPG shareholders’ equity	5,180	4,932
Noncontrolling interests	85	266
Total shareholders’ equity	5,265	5,198
Total	$ 17,583	$ 15,863