Attached files
| file | filename |
|---|---|
| EX-99.1 - PRESS RELEASE - PPG INDUSTRIES INC | ex99-1qearnings.htm |
| 8-K - 8-K - PPG INDUSTRIES INC | a8k.htm |
1 Continuing Operations Discontinued Operations Total PPG Year 2013 Net Income EPS Net Income EPS Net Income EPS Net Income/(Loss) Attributable to PPG as Reported $ 219 $ 1.48 $ 2,191 $ 14.83 $ 2,410 $ 16.31 Legacy pension and environmental costs 21 0.14 -- -- 21 0.14 Acquisition-related costs 5 0.03 -- -- 5 0.03 U.S. tax law change enacted in 2013 (10) (0.07) -- -- (10) (0.07) Adjusted Net Income/(Loss) Attributable to PPG $ 235 $ 1.58 $ 2,191 $ 14.83 $ 2,426 $ 16.41 Year 2012 Net Income/(Loss) Attributable to PPG as Reported $ (50) $ (0.32) $ 63 $ 0.40 $ 13 $ 0.08 Business restructuring 163 1.06 -- -- 163 1.06 Environmental remediation costs 99 0.64 -- -- 99 0.64 Acquisition-related costs 4 0.03 -- -- 4 0.03 Adjusted Net Income/(Loss) Attributable to PPG $ 216 $ 1.41 $ 63 $ 0.40 $ 279 $ 1.81 Year 2011 Net Income/(Loss) Attributable to PPG as Reported $ 167 $ 1.03 $ 61 $ 0.37 $ 228 $ 1.40 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 167 $ 1.03 $ 61 $ 0.37 $ 228 $ 1.40 Year 2010 Net Income/(Loss) Attributable to PPG as Reported $ 42 $ 0.25 $ (12) $ (0.07) $ 30 $ 0.18 Change in US Tax Law 73 0.44 12 0.07 85 0.51 Adjusted Net Income/(Loss) Attributable to PPG $ 115 $ 0.69 $ -- $ - - $ 115 $ 0.69 Year 2009 Net Income/(Loss) Attributable to PPG as Reported $ (161) $ (0.98) $ 50 $ 0.30 $ (111) $ (0.68) Business Restructuring 136 0.83 5 0.03 141 0.86 Adjusted Net Income/(Loss) Attributable to PPG $ (25) $ (0.15) $ 55 $ 0.33 $ 30 $ 0.18 Year 2008 Net Income/(Loss) Attributable to PPG as Reported $ 58 $ 0.35 $ 42 $ 0.26 $ 100 $ 0.61 Acquisition-related costs 89 0.54 -- -- 89 0.54 Adjusted Net Income/(Loss) Attributable to PPG $ 147 $ 0.89 $ 42 $ 0.26 $ 189 $ 1.15 Adjusted EPS Reconciliation 1st Quarter Reporting Period Amounts in Millions of USD except EPS Exhibit 99.2
2 Continuing Operations Discontinued Operations Total PPG Year 2012 Net Income EPS Net Income EPS Net Income EPS Net Income/(Loss) Attributable to PPG as Reported $ 297 $ 1.92 $ 65 $ 0.42 $ 362 $ 2.34 Business separation costs -- -- 3 0.02 3 0.02 Adjusted Net Income/(Loss) Attributable to PPG $ 297 $ 1.92 $ 68 $ 0.44 $ 365 $ 2.36 Year 2011 Net Income/(Loss) Attributable to PPG as Reported $ 266 $ 1.66 $ 74 $ 0.46 $ 340 $ 2.12 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 266 $ 1.66 $ 74 $ 0.46 $ 340 $ 2.12 Year 2010 Net Income/(Loss) Attributable to PPG as Reported $ 237 $ 1.42 $ 35 $ 0.21 $ 272 $ 1.63 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 237 $ 1.42 $ 35 $ 0.21 $ 272 $ 1.63 Year 2009 Net Income/(Loss) Attributable to PPG as Reported $ 119 $ 0.73 $ 27 $ 0.16 $ 146 $ 0.89 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 119 $ 0.73 $ 27 $ 0.16 $ 146 $ 0.89 Year 2008 Net Income/(Loss) Attributable to PPG as Reported $ 209 $ 1.26 $ 41 $ 0.25 $ 250 $ 1.51 Auto-Glass and Services depreciation and benefit costs 23 0.14 -- -- 23 0.14 Adjusted Net Income/(Loss) Attributable to PPG $ 232 $ 1.40 $ 41 $ 0.25 $ 273 $ 1.65 Adjusted EPS Reconciliation 2nd Quarter Reporting Period Amounts in Millions of USD except EPS
3 Continuing Operations Discontinued Operations Total PPG Year 2012 Net Income EPS Net Income EPS Net Income EPS Net Income/(Loss) Attributable to PPG as Reported $ 288 $ 1.86 $ 51 $0.32 $ 339 $ 2.18 Business separation costs -- -- 9 0.06 9 0.06 Adjusted Net Income/(Loss) Attributable to PPG $ 288 $ 1.86 $ 60 $0.38 $ 348 $ 2.24 Year 2011 Net Income/(Loss) Attributable to PPG as Reported $ 247 $ 1.56 $ 64 $0.40 $ 311 $ 1.96 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 247 $ 1.56 $ 64 $0.40 $ 311 $ 1.96 Year 2010 Net Income/(Loss) Attributable to PPG as Reported $ 222 $ 1.34 $ 40 $0.24 $ 262 $ 1.58 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 222 $ 1.34 $ 40 $0.24 $ 262 $ 1.58 Year 2009 Net Income/(Loss) Attributable to PPG as Reported $ 147 $ 0.88 $ 12 $0.07 $ 159 $ 0.96 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 147 $ 0.88 $ 12 $0.07 $ 159 $ 0.96 Year 2008 Net Income/(Loss) Attributable to PPG as Reported $ 52 $ 0.31 $ 65 $0.39 $ 117 $ 0.70 Business Restructuring 103 0.63 7 0.04 110 0.67 Gain on Divestiture of Auto Glass and Services Business (3) (0.02) -- -- (3) (0.02) Adjusted Net Income/(Loss) Attributable to PPG $ 152 $ 0.92 $ 72 $0.43 $ 224 $ 1.35 Adjusted EPS Reconciliation 3rd Quarter Reporting Period Amounts in Millions of USD except EPS
4 Continuing Operations Discontinued Operations Total PPG Year 2012 Net Income EPS Net Income EPS Net Income EPS Net Income/(Loss) Attributable to PPG as Reported $ 191 $ 1.23 $ 36 $ 0.23 $ 227 $ 1.46 Business separation costs -- -- 8 0.05 8 0.05 Acquisition related costs 3 0.02 -- -- 3 0.02 Adjusted Net Income/(Loss) Attributable to PPG $ 194 $ 1.25 $ 44 $ 0.28 $ 238 $ 1.53 Year 2011 Net Income/(Loss) Attributable to PPG as Reported $ 178 $ 1.15 $ 38 $ 0.24 $ 216 $ 1.39 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 178 $ 1.15 $ 38 $ 0.24 $ 216 $ 1.39 Year 2010 Net Income/(Loss) Attributable to PPG as Reported $ 157 $ 0.95 $ 48 $ 0.29 $ 205 $ 1.24 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 157 $ 0.95 $ 48 $ 0.29 $ 205 $ 1.24 Year 2009 Net Income/(Loss) Attributable to PPG as Reported $ 139 $ 0.83 $ 3 $ 0.02 $ 142 $ 0.85 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 139 $ 0.83 $ 3 $ 0.02 $ 142 $ 0.85 Year 2008 Net Income/(Loss) Attributable to PPG as Reported $ 15 $ 0.09 $ 56 $ 0.34 $ 71 $ 0.43 No adjustments -- -- -- -- -- -- Adjusted Net Income/(Loss) Attributable to PPG $ 15 $ 0.09 $ 56 $ 0.34 $ 71 $ 0.43 Adjusted EPS Reconciliation 4th Quarter Reporting Period Amounts in Millions of USD except EPS