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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities:    
Net income attributable to the controlling and noncontrolling interests $ 1,420 $ 1,206
Adjustments to reconcile net income to cash from operations:    
Depreciation and amortization 404 408
Pension settlement charge 0 190
Stock-based compensation expense 32 42
Deferred income taxes (68) (131)
Cash used for restructuring actions (37) (44)
Change in certain asset and liability accounts (net of acquisitions):    
Receivables (436) (358)
Inventories (163) 70
Other current assets (36) (70)
Accounts payable and accrued liabilities (26) 72
Taxes and interest payable 2 92
Noncurrent assets and liabilities, net 20 (133)
Other (38) 169
Cash from operating activities 1,074 1,513
Investing activities:    
Capital expenditures (523) (381)
Business acquisitions, net of cash balances acquired (29) (108)
Proceeds from asset sales 0 25
Payments for the settlement of cross currency swap contracts (107) (13)
Proceeds from the settlement of cross currency swap contracts 118 60
Other 30 18
Cash used for investing activities (511) (399)
Financing activities:    
Net proceeds from commercial paper and short-term debt 408 0
Net change in borrowing with maturities of three months or less (1) (16)
Proceeds from Term Loan, net of fees 274 550
Repayment of Term Loan Credit Agreement 0 (800)
Repayment of long-term debt 300 300
Purchase of treasury stock (511)  
Dividends paid on PPG common stock (464) (445)
Other (23) 6
Cash used for financing activities (617) (1,005)
Effect of currency exchange rate changes on cash and cash equivalents (209) 10
Net (decrease)/increase in cash and cash equivalents (263) 119
Cash and cash equivalents, beginning of period 1,514 1,099
Cash and cash equivalents, end of period 1,251 1,218
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Interest paid, net of amount capitalized 198 181
Taxes paid, net of refunds 481 378
Capital expenditures accrued within Accounts payable and accrued liabilities at period-end $ 89 $ 75