PPG Industries Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,163	1,270	1,493	1,099	1,005
Short-Term Investments	56	88	84	64	73
Cash & Short-Term Investments	2,219	1,358	1,577	1,163	1,078
Cash Growth	63.40%	-13.89%	35.60%	7.89%	-44.09%
Accounts Receivable	2,783	2,477	2,622	2,824	2,687
Other Receivables	553	508	385	479	465
Receivables	3,336	2,985	3,007	3,303	3,152
Inventory	1,996	1,846	1,934	2,272	2,171
Other Current Assets	408	368	913	435	373
Total Current Assets	7,959	6,557	7,431	7,173	6,774
Property, Plant & Equipment	4,609	4,061	4,021	4,157	4,333
Long-Term Investments	253	246	254	244	310
Goodwill	6,149	5,690	6,115	6,078	6,248
Other Intangible Assets	1,971	1,922	2,261	2,414	2,783
Long-Term Deferred Tax Assets	481	303	272	95	197
Other Long-Term Assets	676	654	1,293	583	706
Total Assets	22,098	19,433	21,647	20,744	21,351
Accounts Payable	2,212	2,161	2,438	2,538	2,734
Accrued Expenses	1,057	930	1,079	955	989
Short-Term Debt	4	7	4	10	6
Current Portion of Long-Term Debt	700	930	300	303	-
Current Portion of Leases	140	128	130	186	195
Current Income Taxes Payable	118	130	128	37	36
Other Current Liabilities	669	728	975	692	806
Total Current Liabilities	4,900	5,014	5,054	4,721	4,766
Long-Term Debt	6,603	4,887	5,756	6,515	6,565
Long-Term Leases	455	459	423	643	700
Pension & Post-Retirement Benefits	942	968	1,038	1,042	1,506
Long-Term Deferred Tax Liabilities	457	405	500	501	646
Other Long-Term Liabilities	644	738	853	613	757
Total Liabilities	14,001	12,471	13,624	14,035	14,940
Common Stock	969	969	969	969	969
Additional Paid-In Capital	1,325	1,272	1,202	1,130	1,081
Retained Earnings	22,942	21,994	21,500	20,828	20,372
Treasury Stock	-15,119	-14,342	-13,600	-13,525	-13,386
Comprehensive Income & Other	-2,176	-3,108	-2,239	-2,810	-2,750
Total Common Equity	7,941	6,785	7,832	6,592	6,286
Minority Interest	156	177	191	117	125
Shareholders' Equity	8,097	6,962	8,023	6,709	6,411
Total Liabilities & Equity	22,098	19,433	21,647	20,744	21,351
Total Debt	7,902	6,411	6,613	7,657	7,466
Net Cash (Debt)	-5,683	-5,053	-4,962	-6,433	-6,290
Net Cash Per Share	-25.02	-21.51	-20.92	-27.11	-26.27
Filing Date Shares Outstanding	223.49	226.95	235.25	235.18	236
Total Common Shares Outstanding	223.43	229.93	235.21	235.07	235.91
Working Capital	3,059	1,543	2,377	2,452	2,008
Book Value Per Share	35.54	29.51	33.30	28.04	26.65
Tangible Book Value	-179	-827	-544	-1,900	-2,745
Tangible Book Value Per Share	-0.80	-3.60	-2.31	-8.08	-11.64
Land	593	525	541	548	570
Buildings	1,939	1,769	1,761	1,774	1,769
Machinery	3,977	3,545	3,862	3,960	3,949
Construction In Progress	756	735	669	492	509
Order Backlog	315	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.