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Commitments and Contingent Liabilities (Tables)
6 Months Ended
Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Accretion Of Future Funding Obligation
The future accretion of the noncurrent portion of the liability will total $75 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
$
8

2016
14

2017 – 2023
53

Total
$
75

Litigation Settlements Disclosure
The following table summarizes the impact on PPG’s financial statements for the three and six months ended June 30, 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 June 30
 
Six Months
Ended June 30
Increase (decrease) in expense
2015
 
2014
 
2015
 
2014
Change in fair value:
 
 
 
 
 
 
 
PPG stock
$
6

 
$
23

 
$
(2
)
 
$
28

Equity forward instrument
(6
)
 
(23
)
 
1

 
(29
)
Accretion of asbestos liability
3

 
3

 
7

 
7

Asbestos settlement – net expense
$
3

 
$
3

 
$
6

 
$
6

Other Commitments [Line Items]  
Environmental Liabilities [Table Text Block]
As of June 30, 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)
June 30, 2015
 
December 31, 2014
New Jersey Chrome
$
160

 
$
211

Other contingencies
107

 
106

Total
$
267

 
$
317

Current portion
$
122

 
$
141

Environmental Costs [Table Text Block]
Pretax charges against income for environmental remediation costs are included in "Other charges" in the accompanying condensed consolidated statement of income. The pretax charges and cash outlays related to such environmental remediation for the three and six months-ended June 30, 2015 and 2014 were as follows:
Pretax charges against income for environmental remediation
 
 
 
 
 
Three Months Ended June 30
 
Six Months Ended June 30
($ in millions)
2015
 
2014
 
2015
 
2014
Legacy glass, chemical and coatings sites
$
1

 
$
3

 
$
6

 
$
5

Total
$
1

 
$
3

 
$
6

 
$
5

Cash outlays for environmental spending
$
20

 
$
48

 
$
56

 
$
75