PPG Industries, Inc. (PPG)

PPG Industries Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,089	1,116	1,270	1,026	1,439	1,059
Depreciation & Amortization	483	492	514	502	561	509
Asset Writedown & Restructuring Costs	319	327	102	179	-56	141
Stock-Based Compensation	54	42	56	34	57	44
Other Operating Activities	43	15	64	-309	-251	36
Change in Accounts Receivable	-309	-181	12	-248	-63	187
Change in Inventory	-68	-27	145	-177	-279	111
Change in Accounts Payable	-4	-259	151	21	295	127
Change in Income Taxes	-118	-31	71	143	-64	-108
Change in Other Net Operating Assets	-121	-103	-91	-171	-77	24
Operating Cash Flow	1,462	1,420	2,411	963	1,562	2,130
Operating Cash Flow Growth	-35.48%	-41.10%	150.36%	-38.35%	-26.67%	2.40%
Capital Expenditures	-678	-721	-516	-486	-371	-304
Sale of Property, Plant & Equipment	325	325	36	117	47	-
Cash Acquisitions	-21	-31	-109	-114	-2,137	-1,169
Other Investing Activities	552	534	33	22	57	26
Investing Cash Flow	178	107	-556	-461	-2,404	-1,447
Short-Term Debt Issued	-	-	-	-	190	2,297
Long-Term Debt Issued	-	274	550	1,116	2,091	565
Total Debt Issued	1,249	274	550	1,116	2,281	2,862
Short-Term Debt Repaid	-	-	-	-439	-	-1,900
Long-Term Debt Repaid	-	-300	-1,400	-300	-1,454	-513
Total Debt Repaid	-300	-300	-1,400	-739	-1,454	-2,413
Net Debt Issued (Repaid)	949	-26	-850	377	827	449
Repurchase of Common Stock	-997	-752	-86	-190	-210	-
Common Dividends Paid	-623	-622	-598	-570	-536	-496
Other Financing Activities	-21	-25	-16	-26	12	-12
Financing Cash Flow	-692	-1,425	-1,550	-409	93	-59
Foreign Exchange Rate Adjustments	-278	-325	110	1	-72	6
Miscellaneous Cash Flow Adjustments	-8	-	-5	-3	-	-20
Net Cash Flow	662	-223	410	91	-821	610
Free Cash Flow	784	699	1,895	477	1,191	1,826
Free Cash Flow Growth	-51.54%	-63.11%	297.27%	-59.95%	-34.77%	9.54%
Free Cash Flow Margin	5.00%	4.41%	11.67%	3.06%	7.09%	13.20%
Free Cash Flow Per Share	3.37	2.98	7.99	2.01	4.97	7.67
Cash Interest Paid	236	247	213	156	140	153
Cash Income Tax Paid	683	653	488	436	491	367
Levered Free Cash Flow	1,067	1,058	1,820	336.13	931.75	1,684
Unlevered Free Cash Flow	1,218	1,209	1,974	440.5	1,007	1,770
Change in Net Working Capital	-4	7	-554	657	334	-403

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q