Earnings Per Common Share

12 Months Ended

Dec. 31, 2022


($ in millions, except per share amounts)	2022	2021	2020
Earnings per common share (attributable to PPG)
Income from continuing operations, net of tax	$1,028	$1,420	$1,056
(Loss)/income from discontinued operations, net of tax	(2)	19	3
Net income (attributable to PPG)	$1,026	$1,439	$1,059
Weighted average common shares outstanding	236.1	237.6	236.8
Effect of dilutive securities:
Stock options	0.5	1.0	0.4
Other stock compensation plans	0.7	0.8	0.7
Potentially dilutive common shares	1.2	1.8	1.1
Adjusted weighted average common shares outstanding	237.3	239.4	237.9
Earnings per common share (attributable to PPG)
Income from continuing operations, net of tax	$4.35	$5.98	$4.46
(Loss)/income from discontinued operations, net of tax	(0.01)	0.08	0.01
Net income (attributable to PPG)	$4.34	$6.06	$4.47
Earnings per common share - assuming dilution (attributable to PPG)
Income from continuing operations, net of tax	$4.33	$5.93	$4.44
(Loss)/income from discontinued operations, net of tax	(0.01)	0.08	0.01
Net income (attributable to PPG)	$4.32	$6.01	$4.45

Excluded from the computation of earnings per diluted share due to their antidilutive effect were 0.9 million, zero, and 1.4 million outstanding stock options in 2022, 2021 and 2020, respectively.