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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income attributable to the controlling and noncontrolling interests $ 378 $ 409
Loss from discontinued operations, net of tax (2) (5)
Income from continuing operations 380 414
Adjustments to reconcile net income to cash (used for)/from operations:    
Depreciation and amortization 121 130
Stock-based compensation expense 23 11
Deferred income taxes (20) (44)
Cash used for restructuring actions (18) (10)
Change in certain asset and liability accounts (net of acquisitions):    
Receivables (396) (268)
Inventories (230) (189)
Other current assets (34) (65)
Accounts payable and accrued liabilities 202 (53)
Taxes and interest payable 1 88
Noncurrent assets and liabilities, net (43) 6
Other (2) (13)
Cash (used for)/from operating activities - continuing operations (16) 7
Cash used for operating activities - discontinued operations (2) (67)
Cash used for operating activities (18) (60)
Investing activities:    
Capital expenditures (209) (252)
Business acquisitions, net of cash balances acquired 0 (10)
Other 41 27
Cash used for investing activities - continuing operations (168) (235)
Cash used for investing activities - discontinued operations 0 (4)
Cash used for investing activities (168) (239)
Financing activities:    
Proceeds from Term Loan, net of fees 309 274
Proceeds from the issuance of debt, net of discounts and fees 940 0
Purchase of treasury stock (394) (149)
Dividends paid on PPG common stock (154) (153)
Other (3) (7)
Cash from/(used for) financing activities - continuing operations 698 (35)
Cash used for financing activities - discontinued operations 0 0
Cash from/(used for) financing activities 698 (35)
Effect of currency exchange rate changes on cash and cash equivalents 48 1
Cash reclassified from assets held for sale 0 8
Net increase/(decrease) in cash and cash equivalents 560 (325)
Cash and cash equivalents, beginning of period 1,270 1,493
Cash and cash equivalents, end of period 1,830 1,168
Supplemental disclosures of cash flow information:    
Interest paid, net of amount capitalized 55 66
Taxes paid, net of refunds 123 93
Capital expenditures accrued within Accounts payable and accrued liabilities at period-end 63 47
Purchases of treasury stock transacted but not yet settled $ 0 $ 15