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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities:    
Net income attributable to the controlling and noncontrolling interests $ 946 $ 770
Adjustments to reconcile net income to cash from operations:    
Depreciation and amortization 275 266
Pension settlement charge 0 190
Stock-based compensation expense 22 34
Deferred income taxes (44) (112)
Cash used for restructuring actions (27) (29)
Change in certain asset and liability accounts (net of acquisitions):    
Receivables (638) (528)
Inventories (217) (176)
Other current assets (43) (61)
Accounts payable and accrued liabilities 41 156
Taxes and interest payable (5) 51
Noncurrent assets and liabilities, net 39 (77)
Other (44) 137
Cash from operating activities 305 621
Investing activities:    
Capital expenditures (374) (242)
Business acquisitions, net of cash balances acquired (27) (106)
Proceeds from the settlement of cross currency swap contracts 10 52
Other 21 6
Cash used for investing activities (370) (290)
Financing activities:    
Net proceeds from commercial paper and short-term debt 171 100
Net change in borrowing with maturities of three months or less 11 (12)
Proceeds from Term Loan, net of fees 274 550
Repayment of Term Loan Credit Agreement 0 (300)
Repayment of long-term debt 0 300
Purchase of treasury stock (312)  
Dividends paid on PPG common stock (305) (292)
Other (24) (12)
Cash used for financing activities (185) (266)
Effect of currency exchange rate changes on cash and cash equivalents (133) 64
Net (decrease)/increase in cash and cash equivalents (383) 129
Cash and cash equivalents, beginning of period 1,514 1,099
Cash and cash equivalents, end of period 1,131 1,228
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Interest paid, net of amount capitalized 134 130
Taxes paid, net of refunds 343 270
Capital expenditures accrued within Accounts payable and accrued liabilities at period-end $ 73 $ 73