| Income Statement for PPG Industries, Inc. |
| (Amounts are in millions) |
|
12/2018 |
|
12/2017 |
|
12/2016 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$15,374.00 |
|
$14,750.00 |
|
$14,751.00 |
| Cost of Goods Sold |
|
$9,001.00 |
|
$8,204.00 |
|
$8,063.00 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$6,373.00 |
|
$6,546.00 |
|
$6,688.00 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$441.00 |
|
$453.00 |
|
$466.00 |
| Selling, General, & Admin. Expense |
|
$3,639.00 |
|
$3,570.00 |
|
$3,859.00 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$2,293.00 |
|
$2,523.00 |
|
$2,363.00 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$497.00 |
|
$460.00 |
|
$462.00 |
| Non-Operating Income |
|
$15.00 |
|
$50.00 |
|
($939.00) |
| Interest Expense |
|
$118.00 |
|
$105.00 |
|
$125.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
$1,693.00 |
|
$2,008.00 |
|
$827.00 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$353.00 |
|
$616.00 |
|
$241.00 |
| Minority Interest |
|
$17.00 |
|
$21.00 |
|
$22.00 |
| Investment Gains (Losses) |
|
N/A |
|
$0.00 |
|
$0.00 |
| Other Income |
|
N/A |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$1,340.00 |
|
$1,392.00 |
|
$586.00 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$18.00 |
|
$220.00 |
|
$313.00 |
|
|
|
|
|
|
|
| Net Income |
|
$1,341.00 |
|
$1,591.00 |
|
$877.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$5.50 |
|
$6.21 |
|
$3.30 |
| Diluted Earnings Per Share |
|
$5.47 |
|
$6.17 |
|
$3.28 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
243.90 |
|
256.10 |
|
265.60 |
| Weighted Average Diluted Shares Outstanding |
|
245.40 |
|
257.80 |
|
267.40 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$1,449.00 |
|
$1,513.00 |
|
$1,548.00 |
| Income From Non-Recurring Items |
|
($126.00) |
|
($105.00) |
|
($984.00) |
| Diluted Earnings Per Share before extras |
|
$5.92 |
|
$5.87 |
|
$5.82 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$446.19 |
|
$432.61 |
|
$411.83 |
| Dividend Per Share (common) |
|
$1.86 |
|
$1.70 |
|
$1.56 |
|
