Earnings Per Common Share

12 Months Ended

Dec. 31, 2019



($ in millions, except per share amounts)	2019		2018		2017
Earnings per common share (attributable to PPG)
Income from continuing operations, net of tax		$1,243		$1,323		$1,369
Income from discontinued operations, net of tax	—		18		225
Net income (attributable to PPG)		$1,243		$1,341		$1,594
Weighted average common shares outstanding	236.9		243.9		256.1
Effect of dilutive securities:
Stock options	0.6		0.8		0.9
Other stock compensation plans	0.7		0.7		0.8
Potentially dilutive common shares	1.3		1.5		1.7
Adjusted weighted average common shares outstanding	238.2		245.4		257.8
Earnings per common share (attributable to PPG):
Income from continuing operations, net of tax		$5.25		$5.43		$5.34
Income from discontinued operations, net of tax	—		0.07		0.88
Net income (attributable to PPG)		$5.25		$5.50		$6.22
Earnings per common share - assuming dilution (attributable to PPG)
Income from continuing operations, net of tax		$5.22		$5.40		$5.31
Income from discontinued operations, net of tax	—		0.07		0.87
Net income (attributable to PPG)		$5.22		$5.47		$6.18

There were 0.9 million, 1.0 million, and 0.6 million outstanding stock options excluded in 2019, 2018 and 2017, respectively, from the computation of earnings per diluted common share due to their anti-dilutive effect.