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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net income attributable to the controlling and noncontrolling interests $ 1,427 $ 2,159 $ 3,353
Income from discontinued operations, net of tax 1 1,002 2,380
Income from continuing operations 1,426 1,157 973
Adjustments to reconcile to cash from operations:      
Depreciation and amortization 495 476 452
Defined benefit pension expense 96 68 107
Business restructuring 140 0 98
Environmental remediation charge 0 138 101
Stock-based compensation expense 56 73 81
Equity affiliate losses/(earnings), net of dividends 63 (56) 17
Deferred income taxes 0 (89) (16)
Cash contributions to pension plans (289) (41) (174)
Restructuring cash spending (45) (57) (86)
Debt refinancing charge 0 317 0
Change in certain asset and liability accounts (net of acquisitions):      
Receivables (149) (119) (25)
Inventories 46 (95) 44
Other current assets (82) (68) (34)
Accounts payable and accrued liabilities 75 215 5
Noncurrent assets and liabilities, net (100) (130) (17)
Taxes and interest payable 122 64 19
Other (17) (46) 17
Cash from operating activities - continuing operations 1,837 1,807 1,562
Cash (used for)/from operating activities - discontinued operations 0 (279) 229
Cash from operating activities 1,837 1,528 1,791
Investing activities      
Additions to property and investments (476) (587) (494)
Business acquisitions, net of cash balances acquired (See Note 2) (320) (2,113) (983)
Net proceeds from the 2014 sale of Transitions Optical and sunlens business and the 2013 separation of the commodity chemicals business 47 1,625 940
Proceeds from maturity of short-term investments 402 1,298 1,796
Purchase of short-term investments (97) (1,204) (1,227)
Payments on cross currency swap contracts (34) (45) (42)
Proceeds from cross currency swap contracts 37 37 37
Proceeds from net investment hedges 19 49 0
Other 27 84 (5)
Cash (used for)/from investing activities - continuing operations (395) (856) 22
Cash used for investing activities - discontinued operations 0 (1) (19)
Cash (used for)/from investing activities (395) (857) 3
Financing activities      
Net change in borrowings with maturities of three months or less (32) 89 (7)
Net (payments)/proceeds on commercial paper and short-term debt (528) 932 0
Proceeds from long term debt (net of discount and issuance costs) (See Note 8) 1,242 1,163 0
Repayment of long-term debt (See Note 8) (340) (1,489) (605)
Repayment of acquired debt (See Note 8) 0 (314) 0
Premium paid for redemption of securities 0 (222) 0
Purchase of treasury stock (751) (750) (1,000)
Issuance of treasury stock 53 57 68
Dividends paid on PPG common stock (383) (361) (345)
Other (15) (34) (4)
Cash used for financing activities - continuing operations (754) (929) (1,893)
Cash used for financing activities - discontinued operations 0 (40) (86)
Cash used for financing activities (754) (969) (1,979)
Effect of currency exchange rate changes on cash and cash equivalents (63) (132) (5)
Net increase/(decrease) in cash and cash equivalents 625 (430) (190)
Cash and cash equivalents, beginning of year 686 1,116  
Cash and cash equivalents, end of year 1,311 686 1,116
Supplemental disclosures of cash flow information:      
Interest paid, net of amount capitalized 115 218 201
Taxes paid, net of refunds $ 383 $ 642 $ 319