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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities:    
Income from continuing operations $ 1,206 $ 810
Adjustments to reconcile net income to cash from operations:    
Depreciation and amortization 408 421
Pension settlement charge 190 0
Impairment and other related charges, net 0 230
Stock-based compensation expense 42 27
Deferred income taxes (131) (129)
Cash used for restructuring actions (44) (63)
Change in certain asset and liability accounts (net of acquisitions):    
Receivables (358) (644)
Inventories 70 (458)
Other current assets (70) (68)
Accounts payable and accrued liabilities 72 340
Taxes and interest payable 92 67
Noncurrent assets and liabilities, net (133) (41)
Other 169 (116)
Cash from operating activities 1,513 376
Investing activities:    
Capital expenditures (381) (368)
Business acquisitions, net of cash balances acquired (108) (43)
Proceeds from asset sales 25 116
Proceeds from the settlement of cross currency swap contracts 60 27
Other 5 22
Cash used for investing activities (399) (246)
Financing activities:    
Net payments on commercial paper and short-term debt 0 (439)
Net change in borrowing with maturities of three months or less (16) 8
Proceeds from Term Loan 550 0
Repayment of Term Loan (800) (100)
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 (190)
Dividends paid on PPG common stock (445) (424)
Other 6 (27)
Cash used for financing activities (1,005) (56)
Effect of currency exchange rate changes on cash and cash equivalents 10 (50)
Net increase in cash and cash equivalents 119 24
Cash and cash equivalents, beginning of period 1,099 1,005
Cash and cash equivalents, end of period 1,218 1,029
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Interest paid, net of amount capitalized 181 119
Taxes paid, net of refunds 378 343
Capital expenditures accrued within Accounts payable and accrued liabilities at period-end $ 75 $ 76