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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2020
Operating activities:      
Net income attributable to the controlling and noncontrolling interests $ 23 $ 385  
Adjustments to reconcile net income to cash from operations:      
Depreciation and amortization 145 129  
Pension income (7) (9)  
Environmental remediation charges 0 16  
Impairment and other related charges 290 0  
Stock-based compensation expense 6 17  
Deferred income taxes (36) (7)  
Cash used for restructuring actions (32) (26)  
Change in certain asset and liability accounts (net of acquisitions):      
Receivables (530) (354)  
Inventories (325) (189)  
Other current assets (88) (37)  
Accounts payable and accrued liabilities 326 110  
Taxes and interest payable (54) 22  
Noncurrent assets and liabilities, net (30) (32)  
Other 8 (48)  
Cash used for operating activities (304) (23)  
Investing activities:      
Capital expenditures (194) (80)  
Business acquisitions, net of cash balances acquired (9) (356)  
Other 20 12  
Cash used for investing activities (183) (424)  
Financing activities:      
Proceeds from commercial paper and short-term debt, net of payments 586 300  
Repayment of term loan 0 (400) $ (1,100)
Proceeds from the issuance of debt, net of discounts and fees 55 692  
Purchase of treasury stock (40)    
Issuance of treasury stock 6 20  
Dividends paid on PPG common stock (139) (128)  
Payments related to tax withholding on stock-based compensation awards (12) (11)  
Other (13) (4)  
Cash from financing activities 443 469  
Effect of currency exchange rate changes on cash and cash equivalents (1) (40)  
Net decrease in cash and cash equivalents (45) (18)  
Cash and cash equivalents, beginning of period 1,005 1,826  
Cash and cash equivalents, end of period 960 1,808 $ 1,826
Interest paid, net of amount capitalized 52 52  
Taxes paid, net of refunds 114 97  
Capital Expenditures Incurred but Not yet Paid $ 31 $ 31