XML 31 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investments
12 Months Ended
Dec. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Investments
($ in millions)
2018

 
2017

Investments in equity affiliates

$132

 

$135

Marketable equity securities (See Note 10)
69

 
79

Other
50

 
54

Total

$251

 

$268


Investments in equity affiliates represent PPG’s ownership interests in entities between 20% and 50% that manufacture and sell coatings and certain chemicals. In 2017, PPG purchased a 40% ownership interest in TCI. Refer to Note 3, “Acquisitions and Divestitures” for additional information.
PPG’s share of undistributed net earnings of equity affiliates was $11 million and $12 million as of December 31, 2018 and December 31, 2017, respectively. Dividends received from equity affiliates were $15 million, $8 million and $7 million in 2018, 2017 and 2016, respectively.