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Condensed Consolidated Statement of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 4,691 $ 4,359 $ 8,999 $ 8,240
Cost of sales, exclusive of depreciation and amortization 2,954 2,629 5,652 4,861
Selling, general and administrative 982 955 1,956 1,846
Depreciation 99 96 201 186
Amortization 42 41 85 80
Research and development, net 115 107 230 209
Interest expense 38 31 68 61
Interest income (11) (6) (20) (12)
Impairment and other related charges, net (60) 0 230 0
Business restructuring, net 0 (21) 0 (21)
Other income, net (34) (66) (47) (62)
Income before income taxes 566 593 644 1,092
Income tax expense 118 160 173 274
Income from continuing operations 448 433 471 818
Loss from discontinued operations, net of tax (2) 0 (2) 0
Net income attributable to the controlling and noncontrolling interests 446 433 469 818
Net income attributable to noncontrolling interests 5 2 10 9
Net income (attributable to PPG) 441 431 459 809
Income from continuing operations, net of tax 443 431 461 809
Loss from discontinued operations, net of tax $ (2) $ 0 $ (2) $ 0
Income (Loss) from Continuing Operations, Per Basic Share $ 1.87 $ 1.81 $ 1.95 $ 3.40
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (0.01) 0 (0.01) 0
Earnings per common share (attributable to PPG) (in dollars per share) 1.86 1.81 1.94 3.40
Income (Loss) from Continuing Operations, Per Diluted Share 1.86 1.80 1.94 3.38
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share (0.01) 0 (0.01) 0
Earnings per common share (attributable to PPG) - assuming dilution (in dollars per share) $ 1.85 $ 1.80 $ 1.93 $ 3.38