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Condensed Consolidated Statement of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 4,359 $ 3,015 $ 8,240 $ 6,392
Cost of sales, exclusive of depreciation and amortization 2,629 1,703 4,861 3,611
Selling, general and administrative 955 766 1,846 1,671
Depreciation 96 91 186 184
Amortization 41 32 80 68
Research and development, net 107 86 209 187
Interest expense 31 41 61 73
Interest income (6) (5) (12) (14)
Business restructuring, net (21) 165 (21) 172
Other charges 11 21 28 24
Other income (77) (11) (90) (29)
Income before income taxes 593 126 1,092 445
Income tax expense 160 29 274 100
Income from continuing operations 433 97 818 345
Income from discontinued operations, net of tax 0 3 0 3
Net income attributable to controlling and noncontrolling interests 433 100 818 348
Net (income)/loss attributable to noncontrolling interests 2 (2) 9 3
Net income (attributable to PPG) 431 102 809 345
Income from continuing operations, net of tax 431 99 809 342
Income from discontinued operations, net of tax $ 0 $ 3 $ 0 $ 3
Income (Loss) from Continuing Operations, Per Basic Share $ 1.81 $ 0.42 $ 3.40 $ 1.45
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0 0.01 0 0.01
Earnings per common share (attributable to PPG) (in dollars per share) 1.81 0.43 3.40 1.46
Income (Loss) from Continuing Operations, Per Diluted Share 1.80 0.42 3.38 1.44
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0 0.01 0 0.01
Earnings per common share (attributable to PPG) - assuming dilution (in dollars per share) $ 1.80 $ 0.43 $ 3.38 $ 1.45