PPG Industries, Inc. (PPG)

PPG Industries Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,251	1,514	1,099	1,005	1,826	1,216
Short-Term Investments	80	84	64	73	102	62
Cash & Short-Term Investments	1,331	1,598	1,163	1,078	1,928	1,278
Cash Growth	3.10%	37.40%	7.88%	-44.09%	50.86%	32.16%
Accounts Receivable	3,223	2,881	2,824	2,687	2,412	2,479
Other Receivables	430	398	479	465	314	277
Receivables	3,653	3,279	3,303	3,152	2,726	2,756
Inventory	2,263	2,127	2,272	2,171	1,735	1,710
Other Current Assets	666	427	435	373	409	426
Total Current Assets	7,913	7,431	7,173	6,774	6,798	6,170
Property, Plant & Equipment	4,416	4,476	4,157	4,333	3,974	3,765
Long-Term Investments	300	259	244	310	334	293
Goodwill	6,080	6,200	6,078	6,248	5,102	4,470
Other Intangible Assets	2,203	2,424	2,414	2,783	2,351	2,131
Long-Term Deferred Tax Assets	366	273	95	197	379	220
Other Long-Term Assets	580	584	583	706	618	659
Total Assets	21,858	21,647	20,744	21,351	19,556	17,708
Accounts Payable	3,777	2,612	2,538	2,734	2,259	2,098
Accrued Expenses	-	1,184	955	989	910	820
Short-Term Debt	3	4	10	6	403	10
Current Portion of Long-Term Debt	336	305	303	-	172	500
Current Portion of Leases	196	196	186	195	183	173
Current Income Taxes Payable	-	128	37	36	46	46
Other Current Liabilities	684	625	692	806	858	728
Total Current Liabilities	4,996	5,054	4,721	4,766	4,831	4,375
Long-Term Debt	6,138	5,756	6,515	6,565	5,162	4,531
Long-Term Leases	604	628	643	700	686	630
Long-Term Deferred Tax Liabilities	496	508	501	646	435	452
Other Long-Term Liabilities	630	640	613	757	949	911
Total Liabilities	13,886	13,624	14,035	14,940	13,741	12,305
Common Stock	969	969	969	969	969	969
Additional Paid-In Capital	1,258	1,202	1,130	1,081	1,008	950
Retained Earnings	22,432	21,500	20,828	20,372	19,469	18,906
Treasury Stock	-14,091	-13,600	-13,525	-13,386	-13,158	-13,191
Comprehensive Income & Other	-2,780	-2,239	-2,810	-2,750	-2,599	-2,350
Total Common Equity	7,788	7,832	6,592	6,286	5,689	5,284
Minority Interest	184	191	117	125	126	119
Shareholders' Equity	7,972	8,023	6,709	6,411	5,815	5,403
Total Liabilities & Equity	21,858	21,647	20,744	21,351	19,556	17,708
Total Debt	7,277	6,889	7,657	7,466	6,606	5,844
Net Cash (Debt)	-5,859	-5,217	-6,433	-6,290	-4,581	-4,486
Net Cash Per Share	-24.83	-21.99	-27.11	-26.27	-19.26	-18.83
Filing Date Shares Outstanding	232	235.25	235.18	236	236.79	235.76
Total Common Shares Outstanding	232	235.21	235.07	235.91	236.69	235.68
Working Capital	2,917	2,377	2,452	2,008	1,967	1,795
Book Value Per Share	33.57	33.30	28.04	26.65	24.04	22.42
Tangible Book Value	-495	-792	-1,900	-2,745	-1,764	-1,317
Tangible Book Value Per Share	-2.13	-3.37	-8.08	-11.64	-7.45	-5.59
Land	-	572	548	570	541	511
Buildings	-	1,908	1,774	1,769	1,673	1,573
Machinery	-	4,157	3,960	3,949	3,794	3,575
Construction In Progress	-	683	492	509	345	314

Source: S&P Capital IQ. Standard template. Financial Sources.