v3.23.1
Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Operating activities:      
Net income attributable to the controlling and noncontrolling interests $ 273 $ 23  
Adjustments to reconcile net income to cash from operations:      
Depreciation and amortization 133 145  
Pension settlement charge 190 0  
Impairment and other related charges 0 290 $ (63)
Stock-based compensation expense 17 6  
Deferred income taxes (131) (36)  
Cash used for restructuring actions (16) (32)  
Change in certain asset and liability accounts (net of acquisitions):      
Receivables (277) (530)  
Inventories (308) (325)  
Other current assets (88) (88)  
Accounts payable and accrued liabilities 175 326  
Taxes and interest payable 111 (54)  
Noncurrent assets and liabilities, net (39) (30)  
Other 45 1  
Cash from/(used for) operating activities 85 (304)  
Investing activities:      
Capital expenditures (120) (194)  
Business acquisitions, net of cash balances acquired 0 (9)  
Proceeds from the settlement of cross currency swap contracts 50 17  
Other 6 3  
Cash used for investing activities (64) (183)  
Financing activities:      
Net proceeds from commercial paper and short-term debt 638 586  
Net change in borrowing with maturities of three months or less 190 2  
Repayment of Term Loan Credit Agreement (100) 0  
Proceeds from the issuance of debt, net of discounts and fees 0 55  
Repayment of long-term debt 300 0  
Purchase of treasury stock 0 (40)  
Dividends paid on PPG common stock (146) (139)  
Other (5) (21)  
Cash from financing activities 277 443  
Effect of currency exchange rate changes on cash and cash equivalents 29 (1)  
Net increase/(decrease) in cash and cash equivalents 327 (45)  
Cash and cash equivalents, beginning of period 1,099 1,005 1,005
Cash and cash equivalents, end of period 1,426 960 $ 1,099
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]      
Interest paid, net of amount capitalized 73 52  
Taxes paid, net of refunds 107 114  
Capital expenditures accrued within Accounts payable and accrued liabilities at period-end $ 48 $ 31