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Condensed Consolidated Statement of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net sales $ 4,131 $ 3,804 $ 7,912 $ 7,290
Cost of sales, exclusive of depreciation and amortization 2,379 2,083 4,560 3,985
Selling, general and administrative 945 876 1,851 1,751
Depreciation 91 81 178 160
Amortization 34 32 70 63
Research and development, net 114 112 226 221
Interest expense 31 26 57 51
Interest income (7) (4) (12) (8)
Pension settlement charge 0 0 0 22
Business restructuring charge 83 0 83 0
Other charges 6 8 47 33
Other income (24) (69) (48) (93)
Income from continuing operations before income taxes 479 659 900 1,105
Income tax expense 104 157 191 267
Income from continuing operations 375 502 709 838
(Loss)/Income from discontinued operations, net of tax 0 (1) 6 5
Net income attributable to controlling and noncontrolling interests 375 501 715 843
Less: Net income attributable to noncontrolling interests 4 5 10 10
Net income (attributable to PPG) 371 496 705 833
Income from continuing operations, net of tax 371 497 699 828
(Loss)/Income from discontinued operations, net of tax $ 0 $ (1) $ 6 $ 5
Income from continuing operations, net of tax (in usd per share) $ 1.51 $ 1.93 $ 2.83 $ 3.22
Income from discontinued operations, net of tax (in usd per share) 0.00 0.00 0.02 0.02
Net income (attributable to PPG) (in usd per share) 1.51 1.93 2.85 3.24
Income from continuing operations, net of tax (in usd per share) 1.51 1.92 2.81 3.19
Income from discontinued operations, net of tax (in usd per share) 0.00 0.00 0.02 0.02
Net income (attributable to PPG) (in usd per share) 1.51 1.92 2.83 3.21
Dividends per common share (in usd per share) $ 0.45 $ 0.40 $ 0.90 $ 0.80