XML 20 R31.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Acquisitions and Dispositions (Tables)
12 Months Ended
Dec. 31, 2019
Glass Segment  
Business Acquisition [Line Items]  
Disposal Groups, Including Discontinued Operations
The net sales and income from discontinued operations related to the former Glass segment for the three years ended December 31, 2019, 2018, and 2017 were as follows:
($ in millions)
2019

2018

2017

Net sales

$—


$—


$217

Income from operations

$3


$21


$30

Net gains on the divestitures of businesses


343

Income tax expense
1

5

140

Income from discontinued operations, net of tax

$2


$16


$233

During 2018, PPG released $13 million of previously recorded accruals and contingencies established in conjunction with the divestitures of businesses within the former Glass segment as a result of completed actions, new information and updated estimates. Also during 2018, PPG made a final payment of $20 million to Vitro S.A.B. de C.V related to the transfer of certain pension obligations upon the sale of the former flat glass business.
North American Fiber Glass Business
On September 1, 2017, PPG completed the sale of its North American fiber glass business to Nippon Electric Glass Co. Ltd. (“NEG”). Cash proceeds from the sale were $541 million, resulting in a pretax gain of $343 million, net of certain accruals and contingencies established in conjunction with the divestiture.
PPG’s fiber glass operations included manufacturing facilities in Chester, South Carolina, and Lexington and Shelby, North Carolina; and administrative and research-and-development operations in Shelby and in Harmar, Pennsylvania, near Pittsburgh. The business supplies the transportation, energy, infrastructure and consumer markets.