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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities      
Income from continuing operations $ 1,377 $ 1,262 $ 1,035
Adjustments to reconcile net income to cash from operations:      
Depreciation and amortization 492 514 502
Pension settlement charge 0 190 0
Impairment and other-related charges, net 146 160 231
Stock-based compensation expense 42 56 34
Deferred income taxes (97) (187) (151)
Business restructuring, net 233 (2) 33
Cash contributions to pension plans (26) (46) (11)
Cash used for restructuring actions (52) (56) (85)
Change in certain asset and liability accounts (net of acquisitions):      
Receivables (181) 12 (248)
Inventories (27) 145 (177)
Other current assets (30) (41) (59)
Accounts payable and accrued liabilities (259) 151 21
Noncurrent assets and liabilities, net (73) (50) (112)
Taxes and interest payable (31) 71 143
Other (123) 115 (156)
Cash from operating activities - continuing operations 1,391 2,294 1,000
Cash from/(used for) operating activities - discontinued operations 29 117 (37)
Cash from operating activities 1,420 2,411 963
Investing activities      
Capital expenditures (721) (516) (486)
Business acquisitions, net of cash balances acquired (31) (109) (114)
Proceeds from divestiture of businesses 325 36 117
Other 28 64 53
Cash used for investing activities - continuing operations (399) (525) (430)
Cash from/(used for) investing activities - discontinued operations 506 (31) (31)
Cash from/(used for) investing activities 107 (556) (461)
Financing activities      
Proceeds from Term Loan Credit Agreement, net of fees 274 550 0
Repayment of Term Loan Credit Agreement 0 (1,100) (300)
Net payments on commercial paper and short-term debt 0 0 (439)
Proceeds from the issuance of debt, net of discounts and fees 0 0 1,116
Repayment of long-term debt (300) (300) 0
Purchase of treasury stock (752) (86) (190)
Dividends paid on PPG common stock (622) (598) (570)
Other (25) (16) (26)
Cash used for financing activities - continuing operations (1,425) (1,550) (409)
Cash used for financing activities - discontinued operations 0 0 0
Cash used for financing activities (1,425) (1,550) (409)
Effect of currency exchange rate changes on cash and cash equivalents (325) 110 1
Cash reclassified to assets held for sale 0 (5) (3)
Net (decrease)/increase in cash and cash equivalents (223) 410 91
Cash and cash equivalents, beginning of year 1,493 1,083 992
Cash and cash equivalents, end of year 1,270 1,493 1,083
Supplemental disclosures of cash flow information:      
Interest paid, net of amount capitalized 247 213 156
Taxes paid, net of refunds 653 488 436
Capital expenditures accrued within Accounts payable and accrued liabilities at year-end 160 170 71
Purchases of treasury stock transacted but not yet settled $ 12 $ 14 $ 0