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Condensed Consolidated Statement of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net sales $ 4,372 $ 3,685 $ 12,612 $ 10,077
Cost of sales, exclusive of depreciation and amortization 2,733 2,026 7,594 5,637
Selling, general and administrative 950 836 2,796 2,507
Depreciation 100 96 286 280
Amortization 46 36 126 104
Research and development, net 114 92 323 279
Interest expense 30 34 91 107
Interest income (7) (4) (19) (18)
Impairment charge 21 0 21 0
Business restructuring, net 0 0 (21) 172
Other charges 0 21 28 45
Other income (56) (24) (146) (53)
Income before income taxes 441 572 1,533 1,017
Income tax expense 96 124 370 224
Income from continuing operations 345 448 1,163 793
Income from discontinued operations, net of tax 0 0 0 3
Net income attributable to controlling and noncontrolling interests 345 448 1,163 796
Net income attributable to noncontrolling interests 1 6 10 9
Net income (attributable to PPG) 344 442 1,153 787
Income from continuing operations, net of tax 344 442 1,153 784
Income from discontinued operations, net of tax $ 0 $ 0 $ 0 $ 3
Income (Loss) from Continuing Operations, Per Basic Share $ 1.45 $ 1.87 $ 4.85 $ 3.32
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0 0 0 0.01
Earnings per common share (attributable to PPG) (in dollars per share) 1.45 1.87 4.85 3.33
Income (Loss) from Continuing Operations, Per Diluted Share 1.43 1.86 4.81 3.30
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0 0 0 0.01
Earnings per common share (attributable to PPG) - assuming dilution (in dollars per share) $ 1.43 $ 1.86 $ 4.81 $ 3.31