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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities      
Net income attributable to the controlling and noncontrolling interests $ 1,612 $ 899 $ 1,427
Income from discontinued operations, net of tax 220 330 95
Income from continuing operations 1,392 569 1,332
Adjustments to reconcile to cash from operations:      
Depreciation and amortization 460 440 446
Defined benefit pension expense 65 85 88
Pension Settlement Charges 60 968 0
Business restructuring 0 195 136
Environmental remediation charge 0 82 0
Stock-based compensation expense 42 38 54
Gain (Loss) on Sale of Equity Investments (25) (39) 0
Equity affiliate (income)/loss, net of dividends (4) (6) 66
Deferred income taxes 36 174 0
Cash contributions to pension plans (87) (188) (263)
Restructuring cash expenditures (49) (76) (47)
Cash Paid for Asbestos Settlement Funding 0 (813) 0
Change in certain asset and liability accounts (net of acquisitions):      
Receivables (76) (68) (125)
Inventories (116) 56 37
Other current assets (43) 21 (81)
Accounts payable and accrued liabilities 186 169 152
Noncurrent assets and liabilities, net (170) (53) 79
Taxes and interest payable (124) (270) (96)
Other 9 (66) (19)
Cash from operating activities - continuing operations 1,556 1,218 1,759
Cash from operating activities - discontinued operations 12 133 136
Cash from operating activities 1,568 1,351 1,895
Investing activities      
Additions to property and investments (360) (380) (430)
Business acquisitions, net of cash balances acquired (See Note 2) (225) (349) (320)
Payments to Acquire Equity Method Investments (100) 0 0
Net proceeds from the sale of businesses 593 1,094 47
Proceeds from maturity of short-term investments 0 92 402
Purchase of short-term investments (1) 0 (97)
Payments for the settlement of cross currency swap contracts (34) (36) (34)
Proceeds from the settlement of cross currency swap contracts 37 37 37
(Payments on) / Proceeds from net investment hedges 0 (13) 19
Other 27 27 27
Cash (used for)/from investing activities - continuing operations (63) 472 (349)
Cash used for investing activities - discontinued operations (4) (36) (46)
Cash (used for)/from investing activities (67) 436 (395)
Financing activities      
Net change in borrowings with maturities of three months or less (7) (15) (32)
Net payments on commercial paper and short-term debt (93) (361) (528)
Proceeds from long term debt (net of discount and issuance costs) (See Note 8) 0 988 1,242
Repayment of long-term debt (See Note 8) (588) (379) (340)
Payments Related to Tax Withholding for Share-based Compensation (28) (26) (58)
Purchase of treasury stock (813) (1,050) (751)
Issuance of treasury stock 52 31 53
Dividends paid on PPG common stock (434) (414) (383)
Other (43) 16 (15)
Cash used for financing activities (1,954) (1,210) (812)
Effect of currency exchange rate changes on cash and cash equivalents 69 (68) (63)
Net increase in cash and cash equivalents (384) 509 625
Cash and cash equivalents, beginning of year 1,820 1,311 686
Cash and cash equivalents, end of year 1,436 1,820 1,311
Supplemental disclosures of cash flow information:      
Interest paid, net of amount capitalized 100 118 115
Taxes paid, net of refunds $ 648 $ 349 $ 383