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Reportable Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
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, 2017 and 2016 were as follows: 
 
Three Months Ended
June 30
 
Six Months Ended
June 30
($ in millions)
2017
 
2016
 
2017
 
2016
Net sales:
 
 
 
 
 
 
 
Performance Coatings
$
2,301

 
$
2,338

 
$
4,318

 
$
4,377

Industrial Coatings
1,505

 
1,444

 
2,974

 
2,816

Total
$
3,806

 
$
3,782

 
$
7,292

 
$
7,193

Segment income:
 
 
 
 
 
 
 
Performance Coatings
$
413

 
$
428

 
$
698

 
$
707

Industrial Coatings
264

 
292

 
537

 
557

Total
$
677

 
$
720

 
1,235

 
1,264

Corporate
(27
)
 
(60
)
 
(90
)
 
(123
)
Interest expense, net of interest income
(22
)
 
(24
)
 
(43
)
 
(48
)
Legacy items (a)
5

 
(10
)
 
(3
)
 
(21
)
Asset write-down

 
(10
)
 

 
(10
)
Gain from the sale of an equity affiliate

 
20

 

 
20

Pension settlement charge

 

 
(22
)
 

Gain from sale of a business
25

 

 
25

 

Income from a legal settlement
18

 

 
18

 

Transaction-related costs (b)
(5
)
 
(6
)
 
(9
)
 
(8
)
Income from continuing operations before income taxes
$
671

 
$
630

 
$
1,111

 
$
1,074

(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 other charges which are not associated with PPG's current business portfolio. Until June 2016, legacy included the quarterly remeasurement of the asbestos settlement liability and equity forward.
(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 may also include the flow-through cost of sales for the step up to fair value of inventories acquired in acquisitions. These costs also include certain severance costs and charges associated with the Company's recent business portfolio transformation.