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	-	1,270	1,493	1,099	1,005
Short-Term Investments	-	97	84	64	73
Cash & Short-Term Investments	1,918	1,367	1,577	1,163	1,078
Cash Growth	40.31%	-13.32%	35.60%	7.89%	-44.09%
Accounts Receivable	-	2,477	2,622	2,824	2,687
Other Receivables	-	508	385	479	465
Receivables	-	2,985	3,007	3,303	3,152
Inventory	-	1,846	1,934	2,272	2,171
Other Current Assets	-	359	913	435	373
Total Current Assets	-	6,557	7,431	7,173	6,774
Property, Plant & Equipment	-	4,061	4,021	4,157	4,333
Long-Term Investments	-	331	254	244	310
Goodwill	-	5,690	6,115	6,078	6,248
Other Intangible Assets	-	1,922	2,261	2,414	2,783
Long-Term Deferred Tax Assets	-	303	272	95	197
Other Long-Term Assets	-	569	1,293	583	706
Total Assets	-	19,433	21,647	20,744	21,351
Accounts Payable	-	2,161	2,438	2,538	2,734
Accrued Expenses	-	930	1,079	955	989
Short-Term Debt	-	7	4	10	6
Current Portion of Long-Term Debt	-	930	300	303	-
Current Portion of Leases	-	128	130	186	195
Current Income Taxes Payable	-	130	128	37	36
Other Current Liabilities	-	728	975	692	806
Total Current Liabilities	-	5,014	5,054	4,721	4,766
Long-Term Debt	-	4,887	5,756	6,515	6,565
Long-Term Leases	-	459	423	643	700
Pension & Post-Retirement Benefits	-	968	1,038	1,042	1,506
Long-Term Deferred Tax Liabilities	-	405	500	501	646
Other Long-Term Liabilities	-	738	853	613	757
Total Liabilities	-	12,471	13,624	14,035	14,940
Common Stock	-	969	969	969	969
Additional Paid-In Capital	-	1,272	1,202	1,130	1,081
Retained Earnings	-	21,994	21,500	20,828	20,372
Treasury Stock	-	-14,342	-13,600	-13,525	-13,386
Comprehensive Income & Other	-	-3,108	-2,239	-2,810	-2,750
Total Common Equity	7,800	6,785	7,832	6,592	6,286
Minority Interest	-	177	191	117	125
Shareholders' Equity	7,956	6,962	8,023	6,709	6,411
Total Liabilities & Equity	-	19,433	21,647	20,744	21,351
Total Debt	7,921	6,411	6,613	7,657	7,466
Net Cash (Debt)	-5,923	-4,959	-4,962	-6,433	-6,290
Net Cash Per Share	-26.08	-21.11	-20.92	-27.11	-26.27
Filing Date Shares Outstanding	224.4	226.95	235.25	235.18	236
Total Common Shares Outstanding	224.4	229.93	235.21	235.07	235.91
Working Capital	-	1,543	2,377	2,452	2,008
Book Value Per Share	34.76	29.51	33.30	28.04	26.65
Tangible Book Value	-299	-827	-544	-1,900	-2,745
Tangible Book Value Per Share	-1.33	-3.60	-2.31	-8.08	-11.64
Land	-	525	541	548	570
Buildings	-	1,769	1,761	1,774	1,769
Machinery	-	3,545	3,862	3,960	3,949
Construction In Progress	-	735	669	492	509
Order Backlog	315	-	-	-	-

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