v3.26.3
Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,593 $ 2,163
Short-term investments 49 56
Receivables, net 3,857 3,336
Inventories 2,236 1,996
Other current assets 507 408
Total current assets 8,242 7,959
Property, plant and equipment (net of accumulated depreciation of $4,898 and $4,724) 4,096 4,005
Goodwill 6,147 6,149
Identifiable intangible assets, net 1,899 1,971
Deferred income taxes 510 481
Investments 403 332
Operating lease right-of-use assets 638 604
Other assets 639 597
Total assets 22,574 22,098
Current liabilities:    
Accounts payable and accrued liabilities 4,339 3,957
Restructuring reserves 69 99
Short-term debt and current portion of long-term debt 686 706
Current portion of operating lease liabilities 127 138
Total current liabilities 5,221 4,900
Long-term debt 6,155 6,602
Operating lease liabilities 495 450
Accrued pensions 546 550
Other postretirement benefits 385 392
Deferred income taxes 485 457
Other liabilities 658 650
Total liabilities 13,945 14,001
Commitments and contingent liabilities (Note 14)
Shareholders’ equity:    
Common stock 969 969
Additional paid-in capital 1,379 1,325
Retained earnings 23,730 22,942
Treasury stock, at cost (15,431) (15,119)
Accumulated other comprehensive loss (2,161) (2,176)
Total PPG shareholders’ equity 8,486 7,941
Noncontrolling interests 143 156
Total shareholders’ equity 8,629 8,097
Total liabilities and shareholders' equity $ 22,574 $ 22,098