Pay vs Performance Disclosure

12 Months Ended

Dec. 31, 2024

USD ($)

$ / shares

Dec. 31, 2023

USD ($)

$ / shares

Dec. 31, 2022

USD ($)

$ / shares

Dec. 31, 2021

USD ($)

$ / shares

Dec. 31, 2020

USD ($)

$ / shares

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

															COMPANY
					AVERAGE			AVERAGE							SELECTED
					SUMMARY			COMP.	VALUE OF INITIAL FIXED $100						MEASURE:
					COMP. TABLE		ACTUALLY PAID		INVESTMENT BASED ON:						ADJUSTED
	SUMMARY		COMP.		TOTAL FOR		TO NON-PEO				PEER GROUP(3)				EARNINGS
	COMP. TABLE		ACTUALLY		NON-PEO NAMED		NAMED		TOTAL		TOTAL		NET		PER
	TOTAL FOR		PAID TO		EXECUTIVE		EXECUTIVE		SHAREHOLDER		SHAREHOLDER		INCOME		DILUTED
YEAR	PEO(1)		PEO(1)		OFFICERS(2)		OFFICERS(2)		RETURN		RETURN		(in millions)(4)		SHARE(4)
2024	$	11,724,469	$	3,687,813	$	2,792,842	$	1,144,265	$	98	$	138	$	1,344	$	7.87
2023	$	12,472,955	$	15,222,098	$	4,903,304	$	6,491,421	$	120	$	122	$	1,223	$	7.42
2022	$	8,867,377	$	238,659	$	2,280,483	$	(26,911)	$	99	$	102	$	1,007	$	5.84
2021	$	13,199,616	$	22,568,453	$	3,035,088	$	5,267,224	$	133	$	135	$	1,420	$	6.77
2020	$	15,903,993	$	16,689,353	$	3,607,399	$	3,526,539	$	110	$	112	$	1,056	$	6.12

(1) The principal executive officer was Mr. McGarry for years 2020-2022 and the principal executive officer for 2023 and 2024 was Mr. Knavish.

(2) The non-principal executive officer named executive officers were Mr. Morales, Mr. Knavish, Ms. Liebert and Ms. Foulkes for years 2020-2022. For 2023, the non-principal executive officer named executive officers were Mr. McGarry, Mr. Morales, Ms. Foulkes and Mr. Vadlamannati. Ms. Ericson was included as a non-principal executive officer named executive officer for 2023. For 2024, the non-principal executive officer named executive officers were Mr. Morales, Ms. Foulkes, Mr. Bergström, Mr. Vadlamannati, and Mr. Hagerty.

(3) The peer group consists of: 3M Co., Akzo Nobel N.V., Axalta Coatings Systems Ltd., Dow, Inc., Dupont de Nemours, Inc., Eastman Chemical Co., Masco Corp., RPM International Inc., and The Sherwin-Williams Co. See Exhibit 13.1 of our Form 10-K for the year ended December 31, 2024.

(4) From continuing operations. Recast to exclude the divested architectural coatings United States and Canada business for years 2022 and 2023. For the calculation of adjusted earnings per diluted share for the company performance component of the annual incentive award, an adjustment of $0.01 for currency translation was applied.

Company Selected Measure Name

Adjusted earnings per diluted share

Named Executive Officers, Footnote

(1) The principal executive officer was Mr. McGarry for years 2020-2022 and the principal executive officer for 2023 and 2024 was Mr. Knavish.

(2) The non-principal executive officer named executive officers were Mr. Morales, Mr. Knavish, Ms. Liebert and Ms. Foulkes for years 2020-2022. For 2023, the non-principal executive officer named executive officers were Mr. McGarry, Mr. Morales, Ms. Foulkes and Mr. Vadlamannati. Ms. Ericson was included as a non-principal executive officer named executive officer for 2023. For 2024, the non-principal executive officer named executive officers were Mr. Morales, Ms. Foulkes, Mr. Bergström, Mr. Vadlamannati, and Mr. Hagerty.

Peer Group Issuers, Footnote

(3) The peer group consists of: 3M Co., Akzo Nobel N.V., Axalta Coatings Systems Ltd., Dow, Inc., Dupont de Nemours, Inc., Eastman Chemical Co., Masco Corp., RPM International Inc., and The Sherwin-Williams Co. See Exhibit 13.1 of our Form 10-K for the year ended December 31, 2024.

PEO Total Compensation Amount

$ 11,724,469

$ 12,472,955

$ 8,867,377

$ 13,199,616

$ 15,903,993

PEO Actually Paid Compensation Amount

$ 3,687,813

15,222,098

238,659

22,568,453

16,689,353

Adjustment To PEO Compensation, Footnote

PEO SCT Total Compensation to CAP Reconciliation (2020-2024)

											PLUS CHANGE
											FROM BOY TO		PLUS CHANGE
									PLUS EOY		EOY IN FAIR		IN FAIR VALUE
									FAIR VALUE		VALUE OF		FROM BOY TO
									OF EQUITY		AWARDS		VESTING DATE
									AWARDS		GRANTED IN		OF AWARDS
									GRANTED		ANY PRIOR		GRANTED IN
					PLUS				DURING YEAR		YEAR		ANY PRIOR
			MINUS SCT		PENSION				THAT ARE		THAT ARE		YEAR THAT
	SCT		CHANGE IN		VALUE				OUTSTANDING		OUTSTANDING		VESTED
	TOTAL FOR		PENSION		SERVICE		MINUS SCT		AND UNVESTED		AND UNVESTED		DURING		PEO
YEAR	PEO		VALUE		COST		EQUITY		AT EOY		AT EOY		THE YEAR		CAP
2024	$	11,724,469	$	59,721	$	—	$	(8,750,401)	$	5,380,791	$	(3,833,975)	$	(892,792)	$	3,687,813
2023	$	12,472,955	$	(312,592)	$	—	$	(7,499,749)	$	9,111,166	$	744,589	$	705,729	$	15,222,098
2022	$	8,867,377	$	4,368,862	$	—	$	(10,000,026)	$	7,834,096	$	(4,197,554)	$	(6,634,096)	$	238,659
2021	$	13,199,616	$	218,598	$	—	$	(9,400,002)	$	10,917,328	$	4,275,913	$	3,357,000	$	22,568,453
2020	$	15,903,993	$	(4,289,632)	$	180,279	$	(8,249,709)	$	11,073,569	$	1,559,781	$	511,072	$	16,689,353
"EOY" = end of Year; "BOY" = Beginning of Year

Non-PEO NEO Average Total Compensation Amount

$ 2,792,842

4,903,304

2,280,483

3,035,088

3,607,399

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,144,265

6,491,421

(26,911)

5,267,224

3,526,539

Adjustment to Non-PEO NEO Compensation Footnote

Average Non-PEO NEOs SCT Total Compensation to CAP Reconciliation (2020-2024)

											PLUS CHANGE
											FROM BOY TO		PLUS CHANGE		MINUS FAIR
									PLUS EOY		EOY IN FAIR		IN FAIR VALUE		VALUE AT
									FAIR VALUE		VALUE OF		FROM BOY TO		BOY OF
									OF EQUITY		AWARDS		VESTING DATE		AWARDS
									AWARDS		GRANTED IN		OF AWARDS		GRANTED
									GRANTED		ANY PRIOR		GRANTED IN		IN PRIOR
					PLUS				DURING YEAR		YEAR		ANY PRIOR		YEAR THAT
	SCT		MINUS SCT		PENSION				THAT ARE		THAT ARE		YEAR THAT		WERE
	TOTAL FOR		CHANGE IN		VALUE				OUTSTANDING		OUTSTANDING		VESTED		FORFEITED		NON-PEO
	NON-PEO		PENSION		SERVICE		MINUS SCT		AND UNVESTED		AND UNVESTED		DURING		DURING		NEOs
YEAR	NEOs		VALUE		COST		EQUITY		AT EOY		AT EOY		THE YEAR		THE YEAR		CAP
2024	$	2,792,842	$	19,362	$	—	$	(1,500,219)	$	922,505	$	(701,109)	$	(389,116)	$	—	$	1,144,265
2023	$	4,903,304	$	(245,779)	$	—	$	(2,279,917)	$	2,546,286	$	753,488	$	814,038	$	—	$	6,491,421
2022	$	2,280,483	$	846,793	$	—	$	(1,970,003)	$	1,253,448	$	(546,994)	$	(815,908)	$	(1,074,730)	$	(26,911)
2021	$	3,035,088	$	105,473	$	—	$	(1,724,948)	$	2,003,403	$	1,388,365	$	459,843	$	—	$	5,267,224
2020	$	3,607,399	$	(995,665)	$	117,478	$	(1,399,950)	$	1,879,152	$	201,719	$	116,406	$	—	$	3,526,539
"EOY" = end of Year; "BOY" = Beginning of Year

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Total Shareholder Return Vs Peer Group

Tabular List, Table

											PLUS CHANGE
											FROM BOY TO		PLUS CHANGE		MINUS FAIR
									PLUS EOY		EOY IN FAIR		IN FAIR VALUE		VALUE AT
									FAIR VALUE		VALUE OF		FROM BOY TO		BOY OF
									OF EQUITY		AWARDS		VESTING DATE		AWARDS
									AWARDS		GRANTED IN		OF AWARDS		GRANTED
									GRANTED		ANY PRIOR		GRANTED IN		IN PRIOR
					PLUS				DURING YEAR		YEAR		ANY PRIOR		YEAR THAT
	SCT		MINUS SCT		PENSION				THAT ARE		THAT ARE		YEAR THAT		WERE
	TOTAL FOR		CHANGE IN		VALUE				OUTSTANDING		OUTSTANDING		VESTED		FORFEITED		NON-PEO
	NON-PEO		PENSION		SERVICE		MINUS SCT		AND UNVESTED		AND UNVESTED		DURING		DURING		NEOs
YEAR	NEOs		VALUE		COST		EQUITY		AT EOY		AT EOY		THE YEAR		THE YEAR		CAP
2024	$	2,792,842	$	19,362	$	—	$	(1,500,219)	$	922,505	$	(701,109)	$	(389,116)	$	—	$	1,144,265
2023	$	4,903,304	$	(245,779)	$	—	$	(2,279,917)	$	2,546,286	$	753,488	$	814,038	$	—	$	6,491,421
2022	$	2,280,483	$	846,793	$	—	$	(1,970,003)	$	1,253,448	$	(546,994)	$	(815,908)	$	(1,074,730)	$	(26,911)
2021	$	3,035,088	$	105,473	$	—	$	(1,724,948)	$	2,003,403	$	1,388,365	$	459,843	$	—	$	5,267,224
2020	$	3,607,399	$	(995,665)	$	117,478	$	(1,399,950)	$	1,879,152	$	201,719	$	116,406	$	—	$	3,526,539
"EOY" = end of Year; "BOY" = Beginning of Year

Total Shareholder Return Amount

$ 98

120

99

133

110

Peer Group Total Shareholder Return Amount

138

122

102

135

112

Net Income (Loss)

$ 1,344,000,000

$ 1,223,000,000

$ 1,007,000,000

$ 1,420,000,000

$ 1,056,000,000

Company Selected Measure Amount | $ / shares

7.87

7.42

5.84

6.77

6.12

PEO Name

Mr. Knavish

Foreign currency translation adjustment, per share | $ / shares

$ 0.01

$ 0.01

Measure:: 1

Pay vs Performance Disclosure

Name

Adjusted earnings per diluted share

Measure:: 2

Pay vs Performance Disclosure

Name

Cash flow return on capital

Measure:: 3

Pay vs Performance Disclosure

Name

Total shareholder return

PEO | MINUS SCT CHANGE IN PENSION VALUE

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 59,721

$ (312,592)

$ 4,368,862

$ 218,598

$ (4,289,632)

PEO | PLUS PENSION VALUE SERVICE COST

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

180,279

PEO | MINUS SCT EQUITY

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(8,750,401)

(7,499,749)

(10,000,026)

(9,400,002)

(8,249,709)

PEO | PLUS EOY FAIR VALUE OF EQUITY AWARDS GRANTED DURING YEAR THAT ARE OUTSTANDING AND UNVESTED AT EOY

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

5,380,791

9,111,166

7,834,096

10,917,328

11,073,569

PEO | PLUS CHANGE FROM BOY TO EOY IN FAIR VALUE OF AWARDS GRANTED IN ANY PRIOR YEAR THAT ARE OUTSTANDING AND UNVESTED AT EOY

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(3,833,975)

744,589

(4,197,554)

4,275,913

1,559,781

PEO | PLUS CHANGE IN FAIR VALUE FROM BOY TO VESTING DATE OF AWARDS GRANTED IN ANY PRIOR YEAR THAT VESTED DURING THE YEAR

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(892,792)

705,729

(6,634,096)

3,357,000

511,072

Non-PEO NEO | MINUS SCT CHANGE IN PENSION VALUE

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

19,362

(245,779)

846,793

105,473

(995,665)

Non-PEO NEO | PLUS PENSION VALUE SERVICE COST

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

117,478

Non-PEO NEO | MINUS SCT EQUITY

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(1,500,219)

(2,279,917)

(1,970,003)

(1,724,948)

(1,399,950)

Non-PEO NEO | PLUS EOY FAIR VALUE OF EQUITY AWARDS GRANTED DURING YEAR THAT ARE OUTSTANDING AND UNVESTED AT EOY

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

922,505

2,546,286

1,253,448

2,003,403

1,879,152

Non-PEO NEO | PLUS CHANGE FROM BOY TO EOY IN FAIR VALUE OF AWARDS GRANTED IN ANY PRIOR YEAR THAT ARE OUTSTANDING AND UNVESTED AT EOY

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(701,109)

753,488

(546,994)

1,388,365

201,719

Non-PEO NEO | PLUS CHANGE IN FAIR VALUE FROM BOY TO VESTING DATE OF AWARDS GRANTED IN ANY PRIOR YEAR THAT VESTED DURING THE YEAR

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (389,116)

$ 814,038

(815,908)

$ 459,843

$ 116,406

Non-PEO NEO | MINUS FAIR VALUE AT BOY OF AWARDS GRANTED IN PRIOR YEAR THAT WERE FORFEITED DURING THE YEAR

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (1,074,730)