Commitments and Contingent Liabilities (Tables)

3 Months Ended

Mar. 31, 2015

Environmental Liabilities [Table Text Block]

As of March 31, 2015 and December 31, 2014, PPG had reserves for environmental contingencies associated with PPG’s former chromium manufacturing plant in Jersey City, N.J. and associated sites (“New Jersey Chrome”) and for other environmental contingencies, including National Priority List sites and legacy glass and chemical manufacturing sites. These reserves are reported as "Accounts payable and accrued liabilities" and "Other liabilities" in the accompanying condensed consolidated balance sheet.



Environmental Reserves
($ in Millions)	March 31, 2015		December 31, 2014
New Jersey Chrome	$	179	$	211
Other contingencies	108		106
Total	$	287	$	317
Current portion	$	133	$	141

Environmental Costs [Table Text Block]

Pre-tax charges against income for environmental remediation costs are included in "Other charges" in the accompanying condensed consolidated statement of income. The pre-tax charges and cash outlays related to such environmental remediation for the three months-ended March 31, 2015 and 2014 were as follows:



Pre-tax charges against income for environmental remediation
	Three Months Ended March 31
($ in Millions)	2015		2014
Legacy glass, chemical and coatings sites	$	4	$	2
Total	$	4	$	2
Cash outlays for environmental spending	$	36	$	27

Accretion Of Future Funding Obligation

The future accretion of the noncurrent portion of the liability will total $78 million and be reported as expense in the condensed consolidated statement of income over the period through 2023, as follows (in millions):



Remainder of 2015	$	11
2016	14
2017 – 2023	53
Total	$	78

Litigation Settlements Disclosure

The following table summarizes the impact on PPG’s financial statements for the three months ended March 31, 2015 and 2014 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 March 31
Increase (decrease) in expense	2015			2014

Change in fair value:
PPG stock	$	(8	)	$	5
Equity forward instrument	7			(6		)
Accretion of asbestos liability	4			4
Asbestos settlement – net expense	$	3		$	3