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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current assets              
Cash and cash equivalents $ 1,436 $ 2,287 $ 1,569 $ 1,349 $ 1,820 $ 1,311 $ 686
Short-term investments 55 41 48 40 43    
Receivables 2,903 3,155 3,191 3,013 2,654    
Inventories 1,730 1,805 1,766 1,699 1,514    
Assets held-for-sale 0 0 177 223 223    
Other 353 350 390 439 320    
Total current assets 6,477 7,638 7,141 6,763 6,574    
Property, plant and equipment, net 2,824 2,730 2,710 2,659 2,608 2,608  
Goodwill 3,942 3,881 3,845 3,720 3,572 3,625  
Identifiable intangible assets, net 2,045 2,099 2,118 2,080 1,983    
Deferred income taxes 305 422 321 170 186    
Investments 268 261 256 175 179    
Other assets 677 585 582 587 669    
Total 16,538 17,616 16,973 16,154 15,771    
Current liabilities              
Accounts payable and accrued liabilities 3,781 3,900 3,656 3,517 3,460    
Restructuring reserves 102 107 115 95 100    
Short-term debt and current portion of long-term debt 12 616 619 604 629    
Liabilities held-for-sale 0 0 54 69 64    
Total current liabilities 3,895 4,623 4,444 4,285 4,253    
Long-term debt 4,134 4,089 3,998 3,817 3,787    
Accrued pensions 729 759 748 712 740    
Other postretirement benefits 699 767 755 720 724    
Deferred income taxes 442       417    
Other liabilities 967 928 910 934 935    
Total liabilities 10,866 11,611 11,245 10,868 10,856    
Commitments and contingent liabilities (See Note 14)          
Shareholders’ equity              
Common stock 969 969 969 969 969    
Additional paid-in capital 756 745 723 711 707    
Retained earnings 17,140 17,101 16,606 16,214 15,980    
Treasury stock, at cost (11,251) (10,855) (10,616) (10,626) (10,472)    
Accumulated other comprehensive loss (2,057) (2,063) (2,059) (2,076) (2,356)    
Total PPG shareholders’ equity 5,557 5,897 5,623 5,192 4,828    
Noncontrolling interests 115 108 105 94 87    
Total shareholders’ equity 5,672 6,005 5,728 5,286 4,915 $ 5,069 $ 5,265
Total $ 16,538 $ 17,616 $ 16,973 $ 16,154 $ 15,771