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Condensed Consolidated Statement of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 4,468 $ 4,372 $ 13,467 $ 12,612
Cost of sales, exclusive of depreciation and amortization 2,821 2,733 8,473 7,594
Selling, general and administrative 931 950 2,887 2,796
Depreciation 95 100 296 286
Amortization 40 46 125 126
Research and development, net 110 114 340 323
Interest expense 46 30 114 91
Interest income (14) (7) (34) (19)
Impairment and other related charges, net 0 21 230 21
Business restructuring, net 36 0 36 (21)
Other income, net (15) (56) (62) (118)
Income before income taxes 418 441 1,062 1,533
Income tax expense 79 96 252 370
Income from continuing operations 339 345 810 1,163
Loss from discontinued operations, net of tax 0 0 (2) 0
Net income attributable to the controlling and noncontrolling interests 339 345 808 1,163
Net income attributable to noncontrolling interests 10 1 20 10
Net income (attributable to PPG) 329 344 788 1,153
Income from continuing operations, net of tax 329 344 790 1,153
Loss from discontinued operations, net of tax $ 0 $ 0 $ (2) $ 0
Income (Loss) from Continuing Operations, Per Basic Share $ 1.40 $ 1.45 $ 3.34 $ 4.85
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0 0 (0.01) 0
Earnings per common share (attributable to PPG) (in dollars per share) 1.40 1.45 3.33 4.85
Income (Loss) from Continuing Operations, Per Diluted Share 1.39 1.43 3.33 4.81
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0 0 (0.01) 0
Earnings per common share (attributable to PPG) - assuming dilution (in dollars per share) $ 1.39 $ 1.43 $ 3.32 $ 4.81