XML 25 R37.htm IDEA: XBRL DOCUMENT v2.4.1.9
Subsequent Event (Tables)
3 Months Ended
Mar. 31, 2015
Subsequent Events [Abstract]  
Pro forma per share information
Pro forma earnings per share is as follows, giving retroactive effect to the stock split:
 
 
For the three months ended March 31,
 
 
2015
2014
 
2015
2014
($ in millions, except per share amounts)

 
Basic
 
Diluted
Amounts attributable to PPG:
 
 
 
 
 
 
Income from continuing operations, net of tax
 
$
321

$
277

 
$
321

$
277

Income from discontinued operations, net of tax
 
1

985

 
1

985

Net income (attributable to PPG)
 
$
322

$
1,262

 
$
322

$
1,262

 
 
 
 
 
 
 
Weighted-average shares outstanding, as reported
 
136.6

139.1

 
137.8

140.7

Weighted-average shares outstanding, pro forma
 
273.2

278.2

 
275.6

281.4

 
 
 
 
 
 
 
Earnings per common share - as reported:
 
 
 
 
 
 
Income from continuing operations, net of tax
 
$
2.35

$
1.99

 
$
2.33

$
1.97

Income from discontinued operations, net of tax
 
0.01

7.08

 
0.01

7.00

Net income (attributable to PPG)
 
$
2.36

$
9.07

 
$
2.34

$
8.97

Earnings per common share – pro forma:
 
 
 
 
 
 
Income from continuing operations, net of tax
 
$
1.17

$
1.00


$
1.16

$
0.98

Income from discontinued operations, net of tax
 
0.01

3.54

 
0.01

3.50

Net income (attributable to PPG)
 
$
1.18

$
4.54

 
$
1.17

$
4.48

 
 
 
 
 
 
 
Dividends per common share:
 
 
 
 
 
 
As reported
 
$
0.67

$
0.61

 
 
 
Pro forma
 
$
0.33

$
0.31