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Reportable Segment Information (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Reconciliation of Revenue and Operating Income from Segments to Consolidated
Reportable segment net sales and segment income for the three and six months ended June 30, 2015 and 2014 were as follows: 
 
Three Months
Ended June 30
 
Six Months
Ended June 30
($ in millions)
2015
 
2014
 
2015
 
2014
Net sales:
 
 
 
 
 
 
 
Performance Coatings
$
2,410

 
$
2,343

 
$
4,465

 
$
4,350

Industrial Coatings
1,411

 
1,450

 
2,751

 
2,813

Glass
279

 
289

 
546

 
555

Total
$
4,100

 
$
4,082

 
$
7,762

 
$
7,718

Segment income:
 
 
 
 
 
 
 
Performance Coatings
$
411

 
$
373

 
$
673

 
$
621

Industrial Coatings
260

 
257

 
504

 
488

Glass
37

 
11

 
67

 
15

Total
708

 
641

 
1,244

 
1,124

Legacy items (a)
(6
)
 
(11
)
 
(18
)
 
(21
)
Business restructuring
(140
)
 

 
(140
)
 

Transaction-related costs (b)
(21
)
 
(3
)
 
(30
)
 
(6
)
Interest expense, net of interest income
(24
)
 
(35
)
 
(42
)
 
(70
)
Other corporate expense
(65
)
 
(68
)
 
(132
)
 
(131
)
Income from continuing operations before income taxes
$
452

 
$
524

 
$
882

 
$
896


(a)
Legacy items include current costs related to former operations of the Company, including pension and other postretirement benefit costs, certain charges for legal matters and environmental remediation costs, and certain charges which are considered to be unusual or non-recurring, including the earnings impact of the proposed asbestos settlement. Legacy items also include equity earnings from PPG’s approximate 38% investment in the former automotive glass and services business.
(b)
Transaction-related costs include advisory, legal, accounting, valuation and other professional or consulting fees incurred to effect significant acquisitions, as well as similar fees and other costs to effect disposals not classified as discontinued operations. These costs also include the flow-through cost of sales of the step up to fair value of inventory acquired in acquisitions.