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Reportable Segment Information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Reconciliation of Revenue and Operating Income from Segments to Consolidated
Reportable segment net sales and segment income for the three months ended March 31, 2016 and 2015 were as follows: 
 
Three Months Ended
March 31
($ in millions)
2016
 
2015
Net sales:
 
 
 
Performance Coatings
$
2,039

 
$
2,055

Industrial Coatings
1,372

 
1,340

Glass
261

 
267

Total
$
3,672

 
$
3,662

Segment income:
 
 
 
Performance Coatings
$
279

 
$
262

Industrial Coatings
265

 
244

Glass
28

 
30

Total
572

 
536

Corporate
(61
)
 
(67
)
Interest expense, net of interest income
(24
)
 
(18
)
Legacy items (a)
(10
)
 
(12
)
Asset write down
(4
)
 

Transaction-related costs (b)
(2
)
 
(9
)
Income from continuing operations before income taxes
$
471

 
$
430

(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 nonrecurring, including the earnings impact of the proposed asbestos settlement. Legacy items also include equity earnings from PPG’s 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. These costs also include certain nonrecurring severance costs and charges associated with the Company's business portfolio transformation.