XML 64 R45.htm IDEA: XBRL DOCUMENT v3.8.0.1
Quarterly Financial Information (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)
 
2017 Quarter Ended
Full Year 2017 (1)

($ in millions, except per share amounts)
March 31

June 30

September 30

December 31

Net sales

$3,486


$3,806


$3,776


$3,682


$14,750

Cost of sales(2)
1,905

2,082

2,100

2,117

8,204

Net income (loss) attributable to PPG
Continuing operations

$328


$504


$392


$147


$1,371

Discontinued operations
6

(3
)
217

—

220

Net income

$334


$501


$609


$147


$1,591

Earnings (loss) per common share
Continuing operations

$1.28


$1.96


$1.53


$0.58


$5.35

Discontinued operations
0.02

(0.01
)
0.85

—

0.86

Earnings per common share

$1.30


$1.95


$2.38


$0.58


$6.21

Earnings per common share - assuming dilution
Continuing operations

$1.27


$1.95


$1.52


$0.58


$5.32

Discontinued operations
0.02

(0.01
)
0.84

—

0.85

Earnings per common share – assuming dilution

$1.29


$1.94


$2.36


$0.58


$6.17

 
 
 
 
 
 
 
2016 Quarter Ended
Full Year 2016(1)

($ in millions except per share amounts)
March 31

June 30

September 30

December 31

Net sales

$3,411


$3,782


$3,660


$3,417


$14,270

Cost of sales(2)
1,817

1,988

1,978

1,910

7,693

Net income (loss) attributable to PPG
Continuing operations

$328


$339


($211
)

$91


$547

Discontinued operations
19

31

27

253

330

Net income (loss)

$347


$370


($184
)

$344


$877

Earnings (loss) per common share
Continuing operations

$1.23


$1.26


($0.79
)

$0.35


$2.06

Discontinued operations
0.07

0.12

0.10

0.96

1.24

Earnings (loss) per common share

$1.30


$1.38


($0.69
)

$1.31


$3.30

Earnings (loss) per common share - assuming dilution
Continuing operations

$1.22


$1.25


($0.79
)

$0.34


$2.05

Discontinued operations
0.07

0.12

0.10

0.96

1.23

Earnings (loss) per common share – assuming dilution

$1.29


$1.37


($0.69
)

$1.30


$3.28

(1)
Full year earnings-per-share was calculated using the full year weighted average shares outstanding. As such, the sum of the quarters may not equal the total earnings-per-share for the year.
(2)
Exclusive of depreciation and amortization.