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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net income attributable to the controlling and noncontrolling interests $ 770 $ 469
Adjustments to reconcile net income to cash from operations:    
Depreciation and amortization 266 286
Pension settlement charge 190 0
Impairment and other related charges, net 0 230
Stock-based compensation expense 34 18
Deferred income taxes (112) (95)
Cash used for restructuring actions (29) (52)
Change in certain asset and liability accounts (net of acquisitions):    
Receivables (528) (792)
Inventories (176) (437)
Other current assets (61) (83)
Accounts payable and accrued liabilities 156 417
Taxes and interest payable 51 33
Noncurrent assets and liabilities, net (77) (25)
Other 137 (107)
Cash from/(used for) operating activities 621 (136)
Investing activities:    
Capital expenditures (242) (264)
Business acquisitions, net of cash balances acquired (106) (43)
Proceeds from asset sales 0 116
Proceeds from the settlement of cross currency swap contracts 52 18
Other 6 23
Cash used for investing activities (290) (150)
Financing activities:    
Net proceeds from/(payments on) commercial paper and short-term debt 100 (440)
Net change in borrowing with maturities of three months or less (12) 15
Proceeds from Term Loan 550 0
Repayment of Term Loan (300) 0
Proceeds from the issuance of debt, net of discounts and fees 0 1,116
Repayment of long-term debt 300 0
Purchase of treasury stock 0 (175)
Dividends paid on PPG common stock (292) (279)
Other (12) (24)
Cash (used for)/from financing activities (266) 213
Effect of currency exchange rate changes on cash and cash equivalents 64 (1)
Net increase/(decrease) in cash and cash equivalents 129 (74)
Cash and cash equivalents, beginning of period 1,099 1,005
Cash and cash equivalents, end of period 1,228 931
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Interest paid, net of amount capitalized 130 69
Taxes paid, net of refunds 270 214
Capital expenditures accrued within Accounts payable and accrued liabilities at period-end 73 51
Purchases of treasury stock transacted but not yet settled $ 0 $ 15