XML 23 R12.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Investments
12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Investments Investments
($ in millions)
2019

 
2018

Investments in equity affiliates

$129

 

$132

Marketable equity securities (See Note 10)
80

 
69

Other
49

 
50

Total

$258

 

$251


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 as of December 31, 2019 and December 31, 2018. Dividends received from equity affiliates were $15 million, $15 million and $8 million in 2019, 2018 and 2017, respectively.