| Income Statement for PPG Industries, Inc. |
| (Amounts are in millions) |
|
12/2016 |
|
12/2015 |
|
12/2014 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$14,751.00 |
|
$15,330.00 |
|
$15,360.00 |
| Cost of Goods Sold |
|
$8,063.00 |
|
$8,591.00 |
|
$8,791.00 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$6,688.00 |
|
$6,739.00 |
|
$6,569.00 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$466.00 |
|
$486.00 |
|
$492.00 |
| Selling, General, & Admin. Expense |
|
$3,859.00 |
|
$3,819.00 |
|
$3,758.00 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$2,363.00 |
|
$2,434.00 |
|
$2,319.00 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$462.00 |
|
$495.00 |
|
$476.00 |
| Non-Operating Income |
|
($939.00) |
|
$93.00 |
|
($216.00) |
| Interest Expense |
|
$125.00 |
|
$126.00 |
|
$187.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
$827.00 |
|
$1,882.00 |
|
$1,416.00 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$241.00 |
|
$456.00 |
|
$259.00 |
| Minority Interest |
|
$22.00 |
|
$21.00 |
|
$57.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$586.00 |
|
$1,426.00 |
|
$1,157.00 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$313.00 |
|
$1.00 |
|
$1,002.00 |
|
|
|
|
|
|
|
| Net Income |
|
$877.00 |
|
$1,406.00 |
|
$2,102.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$3.30 |
|
$5.18 |
|
$7.60 |
| Diluted Earnings Per Share |
|
$3.28 |
|
$5.14 |
|
$7.52 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
265.60 |
|
271.40 |
|
276.60 |
| Weighted Average Diluted Shares Outstanding |
|
267.40 |
|
273.60 |
|
279.60 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$1,548.00 |
|
$1,555.00 |
|
$1,363.67 |
| Income From Non-Recurring Items |
|
($984.00) |
|
($150.00) |
|
($230.67) |
| Diluted Earnings Per Share before extras |
|
$5.82 |
|
$5.69 |
|
$4.88 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$411.83 |
|
$381.02 |
|
$359.56 |
| Dividend Per Share (common) |
|
$1.56 |
|
$1.42 |
|
$1.31 |
|
