XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,832 $ 1,270
Short-term investments 76 88
Receivables, net 3,718 2,985
Inventories 2,182 1,846
Other current assets 415 368
Total current assets 8,223 6,557
Property, plant and equipment (net of accumulated depreciation of $4,658 and $4,217) 3,718 3,464
Goodwill 6,116 5,690
Identifiable intangible assets, net 1,983 1,922
Deferred income taxes 528 303
Investments 342 331
Operating lease right-of-use assets 615 597
Other assets 619 569
Total assets 22,144 19,433
Current liabilities:    
Accounts payable and accrued liabilities 3,947 3,731
Restructuring reserves 115 128
Short-term debt and current portion of long-term debt 1,410 939
Current portion of operating lease liabilities 140 126
Other 0 90
Total current liabilities 5,612 5,014
Long-term debt 5,904 4,876
Operating lease liabilities 460 454
Accrued pensions 562 558
Other postretirement benefits 406 410
Deferred income taxes 506 405
Other liabilities 738 754
Total liabilities 14,188 12,471
Commitments and contingent liabilities (Note 14)
Shareholders’ equity:    
Common stock 969 969
Additional paid-in capital 1,312 1,272
Retained earnings 22,802 21,994
Treasury stock, at cost (15,019) (14,342)
Accumulated other comprehensive loss (2,264) (3,108)
Total PPG shareholders’ equity 7,800 6,785
Noncontrolling interests 156 177
Total shareholders’ equity 7,956 6,962
Total liabilities and shareholders' equity $ 22,144 $ 19,433