PPG INDUSTRIES INC, 10-K filed on 2/19/2026
Annual Report
v3.25.4
Cover - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Jan. 31, 2026
Jun. 30, 2025
Entity Information [Line Items]      
Document Type 10-K    
Document Annual Report true    
Document Period End Date Dec. 31, 2025    
Document Transition Report false    
Entity File Number 1-1687    
Entity Registrant Name PPG INDUSTRIES, INC.    
Entity Incorporation, State or Country Code PA    
Entity Tax Identification Number 25-0730780    
Entity Address, Address Line One One PPG Place    
Entity Address, City or Town Pittsburgh    
Entity Address, State or Province PA    
Entity Address, Postal Zip Code 15272    
City Area Code 412    
Local Phone Number 434-3131    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag] false    
Entity Shell Company false    
Entity Public Float     $ 25,642
Entity Common Stock, Shares Outstanding   223,494,714  
Documents Incorporated by Reference
Portions of PPG Industries, Inc. Proxy Statement for its 2025 Annual Meeting of Shareholders (the “Proxy Statement”) to be filed with the Securities and Exchange Commission within 120 days after the end of the Company’s fiscal year, are incorporated herein by reference into Part III of this report.
   
Amendment Flag false    
Document Fiscal Year Focus 2025    
Document Fiscal Period Focus FY    
Entity Central Index Key 0000079879    
Current Fiscal Year End Date --12-31    
Common Stock – Par Value $1.66 2/3      
Entity Information [Line Items]      
Title of 12(b) Security Common Stock – Par Value $1.66 2/3    
Trading Symbol PPG    
Security Exchange Name NYSE    
1.400% Notes due 2027      
Entity Information [Line Items]      
Title of 12(b) Security 1.400% Notes due 2027    
Trading Symbol PPG 27    
Security Exchange Name NYSE    
2.750% Notes Due 2029      
Entity Information [Line Items]      
Title of 12(b) Security 2.750% Notes due 2029    
Trading Symbol PPG 29A    
Security Exchange Name NYSE    
3.250% Notes Due 2032      
Entity Information [Line Items]      
Title of 12(b) Security 3.250% Notes due 2032    
Trading Symbol PPG 32    
Security Exchange Name NYSE    
v3.25.4
Audit Information
12 Months Ended
Dec. 31, 2025
Audit Information [Abstract]  
Auditor Name PricewaterhouseCoopers LLP
Auditor Location Pittsburgh, Pennsylvania
Auditor Firm ID 238
v3.25.4
Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Net sales $ 15,875 $ 15,845 $ 16,242
Cost of sales, exclusive of depreciation and amortization 9,316 9,252 9,678
Selling, general and administrative 3,439 3,391 3,401
Depreciation 403 360 360
Amortization 125 132 154
Research and development, net 423 423 424
Interest expense 241 241 247
Interest income (153) (177) (140)
Business restructuring, net 6 233 (2)
Impairment and other-related charges, net 24 146 160
Pension settlement charge 0 0 190
Other charges/(income), net 6 (8) 80
Income before income taxes 2,045 1,852 1,690
Income tax expense 458 475 428
Income from continuing operations 1,587 1,377 1,262
Income/(loss) from discontinued operations, net of tax 5 (228) 47
Net income attributable to the controlling and noncontrolling interests 1,592 1,149 1,309
Less: Net income attributable to noncontrolling interests 16 33 39
Net income (attributable to PPG) 1,576 1,116 1,270
Income from continuing operations, net of tax 1,571 1,344 1,223
Income/(loss) from discontinued operations, net of tax $ 5 $ (228) $ 47
Earnings per common share      
Continuing operations (in dollars per share) $ 6.94 $ 5.75 $ 5.18
Discontinued operations (in dollars per share) 0.02 (0.98) 0.20
Net Income (attributable to PPG) (in dollars per share) 6.96 4.77 5.38
Earnings per common share - assuming dilution      
Continuing operations (in dollars per share) 6.92 5.72 5.16
Discontinued operations (in dollars per share) 0.02 (0.97) 0.19
Net Income (attributable to PPG) (in dollars per share) $ 6.94 $ 4.75 $ 5.35
v3.25.4
Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net income attributable to the controlling and noncontrolling interests $ 1,592 $ 1,149 $ 1,309
Defined benefit pension and other postretirement benefit adjustments (17) 36 63
Unrealized foreign currency translation adjustments 950 (916) 509
Other comprehensive income/(loss), net of tax 933 (880) 572
Total comprehensive income 2,525 269 1,881
Less: amounts attributable to noncontrolling interests:      
Net income (16) (33) (39)
Unrealized foreign currency translation adjustments (1) 11 (1)
Comprehensive income attributable to PPG $ 2,508 $ 247 $ 1,841
v3.25.4
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 2,163 $ 1,270
Short-term investments 56 88
Receivables 3,336 2,985
Inventories 1,996 1,846
Other current assets 408 368
Total current assets 7,959 6,557
Property, plant and equipment, net 4,005 3,464
Goodwill 6,149 5,690
Identifiable intangible assets, net 1,971 1,922
Deferred income taxes 481 303
Investments 332 331
Operating lease right-of-use assets 604 597
Other assets 597 569
Total 22,098 19,433
Current liabilities    
Accounts payable and accrued liabilities 3,957 3,731
Restructuring reserves 99 128
Short-term debt and current portion of long-term debt 706 939
Current portion of operating lease liabilities 138 126
Other 0 90
Total current liabilities 4,900 5,014
Long-term debt 6,602 4,876
Operating lease liabilities 450 454
Accrued pensions 550 558
Other postretirement benefits 392 410
Deferred income taxes 457 405
Other liabilities 650 754
Total liabilities 14,001 12,471
Commitments and contingent liabilities (Note 15)
Shareholders’ equity    
Common stock (Note 16) 969 969
Additional paid-in capital 1,325 1,272
Retained earnings 22,942 21,994
Treasury stock, at cost (15,119) (14,342)
Accumulated other comprehensive loss (2,176) (3,108)
Total PPG shareholders’ equity 7,941 6,785
Noncontrolling interests 156 177
Total shareholders’ equity 8,097 6,962
Total $ 22,098 $ 19,433
v3.25.4
Consolidated Statement of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Loss
Total PPG
Non-controlling Interests
Beginning balance at Dec. 31, 2022 $ 6,709 $ 969 $ 1,130 $ 20,828 $ (13,525) $ (2,810) $ 6,592 $ 117
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to the controlling and noncontrolling interests 1,309     1,270     1,270 39
Other comprehensive loss, net of tax 572         571 571 1
Cash dividends (598)     (598)     (598)  
Purchase of treasury stock (100)       (100)   (100)  
Issuance of treasury stock 83   58   25   83  
Stock-based compensation activity 14   14       14  
Dividends paid on subsidiary common stock to noncontrolling interests (21)             (21)
Acquisitions of noncontrolling interests 55             55
Ending balance at Dec. 31, 2023 8,023 969 1,202 21,500 (13,600) (2,239) 7,832 191
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to the controlling and noncontrolling interests 1,149     1,116     1,116 33
Other comprehensive loss, net of tax (880)         (869) (869) (11)
Cash dividends (622)     (622)     (622)  
Purchase of treasury stock (759)       (759)   (759)  
Issuance of treasury stock 67   50   17   67  
Stock-based compensation activity 20   20       20  
Dividends paid on subsidiary common stock to noncontrolling interests (25)             (25)
Reductions in noncontrolling interests (11)             (11)
Ending balance at Dec. 31, 2024 6,962 969 1,272 21,994 (14,342) (3,108) 6,785 177
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to the controlling and noncontrolling interests 1,592     1,576     1,576 16
Other comprehensive loss, net of tax 933         932 932 1
Cash dividends (628)     (628)     (628)  
Purchase of treasury stock (790)       (790)   (790)  
Issuance of treasury stock 52   39   13   52  
Stock-based compensation activity 14   14       14  
Dividends paid on subsidiary common stock to noncontrolling interests (23)             (23)
Reductions in noncontrolling interests (15)             (15)
Ending balance at Dec. 31, 2025 $ 8,097 $ 969 $ 1,325 $ 22,942 $ (15,119) $ (2,176) $ 7,941 $ 156
v3.25.4
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Income from continuing operations $ 1,587 $ 1,377 $ 1,262
Adjustments to reconcile net income to cash from operations:      
Depreciation and amortization 528 492 514
Pension settlement charge 0 0 190
Impairment and other-related charges, net 24 146 160
Stock-based compensation expense 46 42 56
Deferred income taxes (27) (97) (187)
Business restructuring, net 6 233 (2)
Cash contributions to pension plans (29) (26) (46)
Cash used for restructuring actions (82) (52) (56)
Change in certain asset and liability accounts (net of acquisitions):      
Receivables (190) (181) 12
Inventories (35) (27) 145
Other current assets (1) (30) (41)
Accounts payable and accrued liabilities 67 (259) 151
Noncurrent assets and liabilities, net (40) (73) (50)
Taxes and interest payable (105) (31) 71
Other 187 (123) 115
Cash from operating activities - continuing operations 1,936 1,391 2,294
Cash from operating activities - discontinued operations 5 29 117
Cash from operating activities 1,941 1,420 2,411
Investing activities      
Capital expenditures (778) (721) (516)
Business acquisitions, net of cash balances acquired (1) (31) (109)
Proceeds from divestiture of businesses 43 325 36
Other 36 28 64
Cash used for investing activities - continuing operations (700) (399) (525)
Cash from/(used for) investing activities - discontinued operations 0 506 (31)
Cash (used for)/from investing activities (700) 107 (556)
Financing activities      
Proceeds from Term Loan, net of fees 309 274 550
Repayment of Term Loan Credit Agreement 0 0 (1,100)
Proceeds from the issuance of debt, net of discounts and fees 1,633 0 0
Repayment of long-term debt (1,039) (300) (300)
Purchase of treasury stock (790) (752) (86)
Dividends paid on PPG common stock (628) (622) (598)
Other (30) (25) (16)
Cash used for financing activities - continuing operations (545) (1,425) (1,550)
Cash used for financing activities - discontinued operations 0 0 0
Cash used for financing activities (545) (1,425) (1,550)
Effect of currency exchange rate changes on cash and cash equivalents 197 (325) 110
Cash reclassified to assets held for sale 0 0 (5)
Net increase/(decrease) in cash and cash equivalents 893 (223) 410
Cash and cash equivalents, beginning of year 1,270 1,493 1,083
Cash and cash equivalents, end of year 2,163 1,270 1,493
Supplemental disclosures of cash flow information:      
Interest paid, net of amount capitalized 210 247 213
Taxes paid, net of refunds 438 653 488
Capital expenditures accrued within Accounts payable and accrued liabilities at year-end 147 160 170
Purchases of treasury stock transacted but not yet settled $ 4 $ 12 $ 14
v3.25.4
Summary of Significant Accounting Policies
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies Summary of Significant Accounting Policies
Principles of Consolidation
The accompanying consolidated financial statements include the accounts of PPG Industries, Inc. (“PPG” or the “Company”) and all subsidiaries, both U.S. and non-U.S., that it controls. PPG owns more than 50% of the voting stock of most of the subsidiaries that it controls. For those consolidated subsidiaries in which the Company’s ownership is less than 100%, the outside shareholders’ interests are shown as noncontrolling interests. Investments in companies in which PPG owns 20% to 50% of the voting stock and has the ability to exercise significant influence over operating and financial policies of the investee are accounted for using the equity method of accounting. As a result, PPG’s share of income or losses from such equity affiliates is included in the consolidated statement of income and PPG’s share of these companies’ shareholders’ equity is included in Investments on the consolidated balance sheet. Transactions between PPG and its subsidiaries are eliminated in consolidation.
Use of Estimates in the Preparation of Financial Statements
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of income and expenses during the reporting period. Such estimates also include the fair value of assets acquired and liabilities assumed resulting from the allocation of the purchase price related to business combinations consummated. Actual outcomes could differ from those estimates.
Revenue Recognition
Revenue is recognized as performance obligations with the customer are satisfied, at an amount that is determined to be collectible. For the sale of products, this generally occurs at the point in time when control of the Company’s products transfers to the customer based on the agreed upon shipping terms.
Shipping and Handling Costs
Amounts billed to customers for shipping and handling are reported in Net sales in the consolidated statement of income. Shipping and handling costs incurred by the Company for the delivery of goods to customers are included in Cost of sales, exclusive of depreciation and amortization in the consolidated statement of income.
Selling, General and Administrative Costs
Amounts presented in Selling, general and administrative in the consolidated statement of income are comprised of selling, customer service, distribution and advertising costs, as well as the costs of providing corporate-wide functional support in areas such as finance, law, human resources and planning. Distribution costs pertain to the movement and storage of finished goods inventory at company-owned and leased warehouses and other distribution facilities.
Advertising Costs
Advertising costs are charged to expense as incurred and totaled $199 million, $203 million and $193 million in 2025, 2024 and 2023, respectively.
Research and Development
Research and development costs, which consist primarily of employee-related costs, are charged to expense as incurred.
($ in millions)202520242023
Research and development – total$446 $447 $446 
Less: depreciation on research facilities23 24 22 
Research and development, net$423 $423 $424 
Legal Costs
Legal costs, which primarily include costs associated with acquisition and divestiture transactions, general litigation, environmental regulation compliance, patent and trademark protection and other general corporate purposes, are charged to expense as incurred.
Income Taxes
Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to operating losses and tax credit carryforwards as well as differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in Income tax expense in the consolidated statement of income in the period that includes the enactment date.
A valuation allowance is provided against deferred tax assets in situations where PPG determines it is more likely than not such assets will not ultimately be realized.
PPG does not recognize a tax benefit unless it concludes that it is more likely than not that the benefit will be sustained on audit by the taxing authority based solely on the technical merits of the associated tax position. If the recognition threshold is met, PPG recognizes a tax benefit measured at the largest amount of the tax benefit that, in PPG’s judgment, is greater than 50 percent likely to be realized. PPG records interest and penalties related to uncertain tax positions in Income tax expense in the consolidated statement of income.
Foreign Currency Translation
The functional currency of most significant non-U.S. operations is their local currency. Assets and liabilities of those operations are translated into U.S. dollars using year-end exchange rates. Income and expenses are translated using the average exchange rates for the reporting period. Unrealized foreign currency translation gains and losses are deferred in Accumulated other comprehensive loss on the consolidated balance sheet.
Cash Equivalents
Cash equivalents are highly liquid investments (valued at cost, which approximates fair value) acquired with an original maturity of three months or less.
Short-term Investments
Short-term investments are highly liquid, high credit quality investments (valued at cost plus accrued interest) that have stated maturities of greater than three months to less than one year. The purchases and sales of these investments are classified as Investing activities in the consolidated statement of cash flows.
Marketable Equity Securities
The Company’s investment in marketable equity securities is recorded at fair market value and reported as Other current assets and Investments on the consolidated balance sheet with changes in fair market value recorded in income.
Inventories
Inventories are stated at the lower of cost or net realizable value. Most U.S. inventories are stated at cost, using the last-in, first-out (“LIFO”) method of accounting, which does not exceed net realizable value. All other inventories are stated at cost, using the first-in, first-out (“FIFO”) method of accounting, which does not exceed net realizable value. PPG determines cost using either average or standard factory costs, which approximate actual costs, excluding certain fixed costs such as depreciation and property taxes. Refer to Note 3, “Working Capital Detail” for further information related to the Company’s inventories.
Derivative Financial Instruments
The Company recognizes all derivative financial instruments (a “derivative”) as either assets or liabilities at fair value on the consolidated balance sheet. The accounting for changes in the fair value of a derivative depends on the use of the instrument.
For derivative instruments that are designated and qualify as cash flow hedges, the unrealized gains or losses on the derivatives are recorded in the consolidated statement of comprehensive income. Amounts in Accumulated other comprehensive loss on the consolidated balance sheet are reclassified into Income before income taxes in the consolidated statement of income in the same period or periods during which the hedged transactions are recorded in Income before income taxes in the consolidated statement of income.
For derivative instruments that are designated and qualify as fair value hedges, the change in the fair value of the derivatives are reported in Income before income taxes in the consolidated statement of income, offsetting the gain or loss recognized for the change in fair value of the asset, liability, or firm commitment that is being hedged.
For derivatives, debt or other financial instruments that are designated and qualify as net investment hedges, the gains or losses associated with the financial instruments are reported as translation gains or losses in Accumulated other comprehensive loss on the consolidated balance sheet. Gains and losses in Accumulated other comprehensive loss related to hedges of the Company’s net investments in foreign operations are reclassified out of Accumulated other comprehensive loss and recognized in Income before income taxes in the consolidated statement of income upon a substantial liquidation, sale or partial sale of such investments or upon impairment of all or a portion of such investments. The cash flow impact of these instruments is classified as Investing activities in the consolidated statement of cash flows.
Changes in the fair value of derivative instruments not designated as hedges for hedge accounting purposes are recognized in Income before income taxes in the consolidated statement of income in the period of change.
Property, Plant and Equipment
Property, plant and equipment is recorded at cost. Depreciation is computed on a straight-line method based on the estimated useful lives of related assets. Accelerated depreciation expense is recorded when facilities or equipment are subject to abnormal economic conditions, restructuring actions or obsolescence.
The cost of significant improvements that add to productive capacity or extend the lives of properties are capitalized. Costs for repairs and maintenance are charged to expense as incurred. When a capitalized asset is retired or otherwise disposed of, the original cost and related accumulated depreciation balance are removed from the accounts and any related gain or loss is recorded in Income before income taxes in the consolidated statement of income. The amortization cost of finance lease assets is recorded in Depreciation expense in the consolidated statement of income. Property and other long-lived assets are reviewed for impairment whenever events or circumstances indicate that their carrying amounts may not be recoverable. Refer to Note 4, “Property, Plant and Equipment” for further details.
Goodwill and Identifiable Intangible Assets
Goodwill represents the excess of the cost over the fair value of acquired identifiable tangible and intangible assets less liabilities assumed from acquired businesses. Identifiable intangible assets acquired in business combinations are recorded based upon their fair value at the date of acquisition.
PPG is a multinational manufacturer with 10 operating segments (which the Company refers to as “strategic business units”) that are organized based on the Company’s major product lines. These operating segments are also the Company’s reporting units for purposes of testing goodwill for impairment, which is tested at least annually in connection with PPG’s strategic planning process or more frequently if an indication of impairment exists. The Company tests goodwill for impairment by either performing a qualitative evaluation or a quantitative test. The qualitative evaluation is an assessment of factors, including reporting unit specific operating results as well as industry, market and general economic conditions, to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. The Company may elect to bypass this qualitative assessment for some or all of its reporting units and perform a quantitative test. Quantitative goodwill impairment testing, if deemed necessary, is performed during the fourth quarter of each year by comparing the estimated fair value of an associated reporting unit to its carrying value. Fair value is estimated using a discounted cash flow model. Key assumptions and estimates used in the discounted cash flow model include projected future revenues, discount rates, operating cash flows, capital expenditures and tax rates.
The annual indefinite-lived intangible asset impairment assessment takes place in the fourth quarter of each year either by completing a qualitative assessment or quantitatively by comparing the estimated fair value of each trademark to its carrying value. Fair value is estimated using the relief from royalty method (a discounted cash flow methodology). The qualitative assessment includes consideration of factors, including revenue relative to the asset being assessed, the operating results of the related business and industry, market and general economic conditions, to determine whether it is more likely than not that the fair value of the asset is less than its carrying amount.
Identifiable intangible assets with finite lives are amortized on a straight-line basis over their estimated useful lives (1 to 30 years) and are reviewed for impairment whenever events or circumstances indicate that their carrying amount may not be recoverable.
Receivables and Allowances
All trade receivables are reported on the consolidated balance sheet at the outstanding principal adjusted for any allowance for doubtful accounts and any charge offs. The Company provides an allowance for doubtful accounts to reduce receivables to their estimated net realizable value when it is probable that a loss will be incurred. Those estimates are based on historical collection experience, current regional economic and market conditions, the aging of accounts receivable, assessments of current creditworthiness of customers, and forward-looking information. Refer to Note 20, “Revenue Recognition” for further details.
Leases
The Company determines if a contract is a lease at the inception of the arrangement. The Company reviews all options to extend, terminate, or purchase its right of use assets at the inception of the lease and accounts for these options when they are reasonably certain of being exercised. Certain real estate leases contain lease and non-lease components, which are accounted for separately. For certain equipment leases, lease and non-lease components are accounted for as a single lease component.
Leases with an initial term of 12 months or less are not recorded on the consolidated balance sheet. Lease expense for these leases is recognized on a straight-line basis over the lease term.
Variable lease expense is based on contractual arrangements with PPG’s lessors determined based on external indices or other relevant market factors. In addition, PPG’s variable lease expense also includes elements of a contract that do not represent a good or service but for which the lessee is responsible for paying.
Nearly all of PPG’s lease contracts do not provide a readily determinable implicit rate. For these contracts, PPG’s estimated incremental borrowing rate is based on information available at the inception of the lease.
Product Warranties
The Company accrues for product warranties at the time the associated products are sold based on historical claims experience. The reserve, pretax charges against income and cash outlays for product warranties were not significant to the consolidated financial statements of the Company for any year presented.
Asset Retirement Obligations
An asset retirement obligation represents a legal obligation associated with the retirement of a tangible long-lived asset that is incurred upon the acquisition, construction, development or normal operation of that long-lived asset. PPG recognizes asset retirement obligations in the period in which they are incurred if a reasonable estimate of fair value can be made. The asset retirement obligation is subsequently adjusted for changes in fair value. The associated estimated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset and depreciated over its useful life. PPG’s asset retirement obligations are primarily associated with the retirement or closure of certain assets used in PPG’s manufacturing process. The accrued asset retirement obligation is recorded in Accounts payable and accrued liabilities and Other liabilities on the consolidated balance sheet and was $12 million and $11 million as of December 31, 2025 and December 31, 2024, respectively.
PPG’s only conditional asset retirement obligation relates to the possible future abatement of asbestos contained in certain PPG production facilities. The asbestos in PPG’s production facilities arises from the application of normal and customary building practices in the past when the facilities were constructed. This asbestos is encapsulated in place and, as a result, there is no current legal requirement to abate it. Because there is no requirement to abate, the Company does not have any current plans or an intention to abate and therefore the timing, method and cost of future abatement, if any, are not known. The Company has not recorded an asset retirement obligation associated with asbestos abatement, given the uncertainty concerning the timing of future abatement, if any.
Environmental Contingencies
It is PPG’s policy to accrue expenses for environmental contingencies when it is probable that a liability has been incurred and the amount of loss can be reasonably estimated. Reserves for environmental contingencies are exclusive of claims against third parties and are generally not discounted.
Assets and Liabilities Held for Sale
The Company classifies assets and liabilities as held for sale (a “disposal group”) when management commits to a plan to sell the disposal group, the sale is probable within one year and the disposal group is available for immediate sale in its present condition. The Company considers various factors, particularly whether actions required to complete the plan indicate it is unlikely that significant changes to the plan will be made or the plan will be withdrawn. Assets held for sale are measured at the lower of carrying value or fair value less costs to sell. Any loss resulting from the measurement is recognized in the period the held-for-sale criteria are met. Conversely, gains are not recognized until the date of the sale. When the disposal group is classified as held for sale, depreciation and amortization ceases and the Company tests the assets for impairment.
Reclassifications
Certain reclassifications of prior years’ data have been made to conform to the current year presentation. These reclassifications had no impact on our previously reported Net income, cash flows or shareholders’ equity.
Accounting Standards Adopted in 2025
Effective for the annual period ended December 31, 2025, PPG adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) No. 2023-09 “Improvements to Income Tax Disclosures (Topic 740)”. This ASU updated current income tax disclosure requirements to require disclosures of specific categories of information within the effective tax rate reconciliation, as well as disclosure of income taxes paid disaggregated by jurisdiction. PPG elected to apply ASU 2023-09 prospectively. Adoption of this ASU resulted in additional disclosure, but did not impact PPG’s consolidated financial position, results of operations or cash flows.
Accounting Standards to be Adopted in Future Years
In November 2024, the FASB issued ASU 2024-03, “Income Statement – Reporting Comprehensive Income-Expense Disaggregation (Subtopic 220-40): Disaggregation of Income Statement Expenses”. The ASU requires the disclosure of additional information related to certain costs and expenses, including amounts of inventory purchases, employee compensation, and depreciation and amortization included in each income statement line item. The ASU also requires disclosure of the total amount of selling expenses and our definition of selling expenses. This ASU will be effective for the
annual period ending December 31, 2027. Adoption of this ASU will result in additional disclosure, but will not impact PPG’s consolidated financial position, results of operations or cash flows.
In September 2025, the FASB issued ASU 2025-06, “Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software”. The ASU is intended to modernize the recognition and disclosure framework for internal-use software costs, removing the previous “development stage” model to align the accounting rules with how software is developed today. This ASU will be effective for PPG beginning January 1, 2028. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.
v3.25.4
Divestitures
12 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Divestitures Divestitures
U.S. and Canada Architectural Coatings Business
In 2024, PPG completed the sale of 100% of its architectural coatings business in the U.S. and Canada to American Industrial Partners (AIP), an industrials investor. PPG received $516 million in proceeds and recorded a loss on the sale of $285 million. No tax benefit was recorded on the loss. The loss on the sale was recorded in “Income/(loss) from discontinued operations, net of tax” in the consolidated statement of income. The proceeds from the sale were recorded in “Cash from/(used for) investing activities - discontinued operations” in the consolidated statement of cash flows.
The sale represented a strategic shift in PPG’s business portfolio that had a major effect on the Company’s operations and financial results. Accordingly, the Company’s consolidated results of operations and cash flows were recast to present the results of the architectural coatings business in the U.S. and Canada as discontinued operations for all periods presented. The results of the U.S. and Canada architectural coatings business were previously included in the Performance Coatings segment.
The operating results of discontinued operations related to the U.S. and Canada architectural coatings business for the three years ended December 31, 2025, 2024, and 2023 were as follows:
($ in millions)202520242023
Net sales$— $1,878 $2,004 
Cost of sales, exclusive of depreciation and amortization— 976 1,067 
Selling, general, and administrative— 787 821 
Depreciation— 28 31 
Amortization— 13 
Research and development, net— 
Other charges, net
Loss on sale of discontinued operations— 285 — 
(Loss)/income before income taxes($8)($214)$58 
Income tax (benefit)/expense(13)14 11 
Income/(loss) from discontinued operations, net of tax$5 ($228)$47 
The following table presents the significant non-cash items and capital expenditures for the discontinued operations related to the U.S. and Canada architectural coatings business that are included in the Consolidated Statement of Cash Flows for the three years ended December 31, 2025, 2024, and 2023:
($ in millions)202520242023
Depreciation and amortization$— $34 $44 
Capital expenditures$— $10 $33 
In conjunction with the divestiture of U.S. and Canada architectural coatings business, PPG entered into a supply agreement with the divested business to sell certain products, which are recognized as Net sales in the refinish coatings, industrial coatings and protective and marine coatings businesses. Additionally, PPG entered into transition services agreements to provide administrative services subsequent to the sale. The fees for services rendered under the transition services agreements are expected to offset the cost of providing those services.
Silicas Products Business
In 2024, PPG completed the sale of its silicas products business for $325 million in proceeds and recorded a pre-tax gain on the sale of $129 million. The gain on the sale was recorded in “Other charges/(income), net” in the consolidated statement of income. The Company determined that the divestiture did not meet the criteria of a discontinued operation as it did not represent a strategic shift for the Company, and therefore, its historical results are included in the Company's continuing operations within the Industrial Coatings reportable business segment.
v3.25.4
Working Capital Detail
12 Months Ended
Dec. 31, 2025
Disclosure Components Of Working Capital Detail [Abstract]  
Working Capital Detail Working Capital Detail
($ in millions)20252024
Receivables  
 Trade - net$2,783 $2,477 
 Other - net553 508 
 Total$3,336 $2,985 
Inventories(1)
 Finished products$1,067 $949 
 Work in process251 235 
 Raw materials624 613 
 Supplies54 49 
 Total$1,996 $1,846 
Accounts payable and accrued liabilities
 Trade $2,212 $2,161 
 Accrued payroll549 490 
 Customer rebates433 364 
 Other postretirement and pension benefits75 76 
 Income taxes118 130 
 Other570 510 
 Total$3,957 $3,731 
(1)Most U.S. inventories are valued using the LIFO method. If the FIFO method of inventory valuation had been used, inventories would have been $181 million and $169 million higher as of December 31, 2025 and 2024, respectively.
v3.25.4
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
($ in millions)Useful Lives (years)20252024
Land and land improvements1-30$593 $525 
Buildings20-401,939 1,769 
Machinery and equipment5-253,977 3,545 
Other3-201,464 1,107 
Construction in progress 756 735 
Total$8,729 $7,681 
Less: accumulated depreciation4,724 4,217 
Net
 $4,005 $3,464 
v3.25.4
Investments
12 Months Ended
Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Investments Investments
($ in millions)20252024
Investments in equity affiliates$151 $141 
Marketable equity securities (See Note 11)
79 85 
Other102 105 
Total$332 $331 
Investments in equity affiliates represent PPG’s ownership interests in entities between 20% and 50% that manufacture and sell coatings and certain chemicals.
PPG’s share of undistributed net earnings of equity affiliates was $19 million, $20 million and $21 million in 2025, 2024 and 2023, respectively. Dividends received from equity affiliates were $12 million, $14 million and $17 million in 2025, 2024 and 2023, respectively.
v3.25.4
Goodwill and Other Identifiable Intangible Assets
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Identifiable Intangible Assets Goodwill and Other Identifiable Intangible Assets
Goodwill
($ in millions)Global Architectural CoatingsPerformance CoatingsIndustrial CoatingsTotal
January 1, 2024
$2,996 $1,913 $1,206 $6,115 
Acquisitions, including purchase accounting adjustments— — 
Divestitures— — (2)(2)
Foreign currency impact and other(308)(61)(56)(425)
December 31, 2024$2,688 $1,854 $1,148 $5,690 
Foreign currency impact and other320 60 79 459 
December 31, 2025$3,008 $1,914 $1,227 $6,149 
In the fourth quarter, the Company tests the carrying value of goodwill for impairment, as discussed in Note 1. “Summary of Significant Accounting Policies.” In both 2025 and 2024, the annual impairment testing of goodwill did not result in impairment of any of the Company’s reporting units. In conjunction with the 2023 assessment, the Company determined that the estimated fair value of the traffic solutions reporting unit was less than its carrying value, resulting in recognition of a goodwill impairment charge of $158 million in Impairment and other related charges, net in the accompanying consolidated statements of income. The fair value of the traffic solutions reporting unit was estimated using a discounted cash flow model. Key assumptions and estimates used in the discounted cash flow model included projected future revenues, a discount rate, operating cash flows, capital expenditures, and a tax rate. The decline in the fair value of the traffic solutions reporting unit compared to prior periods was primarily due to an increase in the weighted average cost of capital (discount rate assumption) reflecting the current interest rate environment. In addition, the fair value was impacted by a decline in the reporting unit’s long-term cash generation forecast due to the highly inflationary environment in Argentina and the fourth quarter 2023 divestitures of its European and Australian businesses.
As of December 31, 2025, accumulated goodwill impairment losses totaled $158 million, all of which relates to the Performance Coatings reportable segment.
Identifiable Intangible Assets
 December 31, 2025December 31, 2024
($ in millions)Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
Indefinite-Lived Identifiable Intangible Assets
Trademarks$1,274 $— $1,274 $1,123 $— $1,123 
Definite-Lived Identifiable Intangible Assets
Acquired technology$819 ($720)$99 $800 ($666)$134 
Customer-related1,782 (1,293)489 1,656 (1,106)550 
Trade names299 (191)108 276 (162)114 
Other46 (45)43 (42)
Total Definite Lived Intangible Assets$2,946 ($2,249)$697 $2,775 ($1,976)$799 
Total Identifiable Intangible Assets$4,220 ($2,249)$1,971 $3,898 ($1,976)$1,922 
In the fourth quarter, the Company tests the carrying value of indefinite-lived trademarks for impairment, as discussed in Note 1, “Summary of Significant Accounting Policies.” In both 2025 and 2024, the annual impairment testing review of indefinite-lived intangibles did not result in an impairment. In conjunction with the 2023 annual impairment test, the Company determined that the estimated fair value of certain trademarks in the Global Architectural Coatings segment were less than the carrying value, resulting in recognition of impairment charges of $2 million in Impairment and other related charges, net in the accompanying consolidated statement of income.
Aggregate amortization expense was $125 million, $132 million and $154 million in 2025, 2024 and 2023, respectively. In the fourth quarter 2023, the Company recognized accelerated amortization expense of $6 million related to the exit of a non-core business.
($ in millions)20262027202820292030Thereafter
Estimated future amortization expense$104 $84 $77 $71 $62 $299 
v3.25.4
Impairment and Other Related Charges
12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Impairment and Other Related Charges
7. Impairment and Other Related Charges, Net
In 2025, the Company recognized pretax net impairment and other related charges of $24 million related to a consolidated joint venture in the Performance Coatings segment. The charges primarily represented the impairment of definite-lived identified intangible assets and are included in Impairment and other related charges, net in the consolidated statement of income. Net loss of $12 million related to the charges was attributable to noncontrolling interests.
In 2023, the Company recorded a goodwill impairment charge for the traffic solutions reporting unit and indefinite-lived intangible asset impairment charges related to certain trademarks. Refer to Note 6, “Goodwill and Other Identifiable Intangible Assets” for further detail related to this charge, which is included in Impairment and other related charges, net in the accompanying consolidated statement of income.
Sale of Russia Operations
In 2024, the Company received written approval from Russian regulatory authorities of a definitive agreement to sell the Company’s remaining Russian business. As a result, the Company classified the business as held for sale as of December 31, 2024 and recognized an impairment charge of $146 million during 2024, primarily related to accumulated foreign currency translation losses, which was included in Impairment and other related charges, net in the consolidated statement of income. No tax benefit was recorded on the impairment charge. The remaining liabilities of the business were reported as held for sale in Other current liabilities on the consolidated balance sheet as of December 31, 2024. In the first quarter 2025, PPG completed the sale of its remaining Russian business. The results of the business were reported within the Global Architectural Coatings reportable business segment.
v3.25.4
Business Restructuring
12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Business Restructuring Business Restructuring
The Company records restructuring liabilities that represent charges incurred in connection with consolidations of certain operations, including operations from acquisitions, as well as headcount reduction programs. These charges consist primarily of severance costs and certain other cash costs. As a result of these programs, the Company will also incur incremental non-cash accelerated depreciation expense for certain assets due to their reduced expected asset life. These charges are not allocated to the Company’s reportable business segments. Refer to Note 21, “Reportable Business Segment Information” for additional information.
In 2024, the Company approved a comprehensive cost reduction program. The multi-year program focused on reducing structural costs primarily in Europe and in certain other global businesses, along with other corporate costs following the divestitures of PPG’s silicas products business and the architectural coatings business in the U.S. and Canada. The program includes various facility closures and other targeted fixed cost reductions. In connection with approval of this restructuring program, the Company recorded a pretax restructuring charge of $239 million, representing employee severance and other cash costs. As a result of this program, the Company also recognized a $110 million non-cash charge in 2024 due to the recognition of accumulated currency losses related to the exit of its Argentina operations.
The majority of the remaining approved business restructuring actions and associated cash outlays are expected to be completed in 2026 and 2027.
The following table summarizes restructuring reserve activity for the years ended December 31, 2025 and 2024:
Total Reserve
($ in millions)20252024
January 1$276 $110 
Approved restructuring actions39 239 
Release of prior reserves and other adjustments(a)
(33)(6)
Cash payments(82)(52)
Foreign currency impact26 (15)
December 31$226 $276 
(a)Certain releases were recorded to reflect the current estimate of costs to complete planned business restructuring actions.
v3.25.4
Leases
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases Leases
PPG leases certain retail paint stores, warehouses, distribution facilities, office space, fleet vehicles and equipment.
The components of lease expense for the years ended December 31, 2025, 2024 and 2023 were as follows:
($ in millions)Classification in the Consolidated Statement of Income202520242023
Operating lease costCost of sales, exclusive of depreciation and amortization$49 $47 $45 
Operating lease costSelling, general and administrative150 141 138 
Total operating lease cost$199 $188 $183 
Finance lease cost:
Amortization of right-of-use assetsDepreciation$1 $1 $1 
Interest on lease liabilitiesInterest expense
Total finance lease cost$2 $2 $2 
Total lease cost$201 $190 $185 
Total operating lease cost for the years ended December 31, 2025, 2024 and 2023 is inclusive of the following:
($ in millions)202520242023
Variable lease costs$10 $9 $9 
Short-term lease costs$19 $20 $19 
The lease amounts included in the consolidated balance sheet as of December 31, 2025 and 2024 were as follows:
($ in millions)Classification on the Consolidated Balance Sheet20252024
Assets:
OperatingOperating lease right-of-use assets$604 $597 
Finance(1)
Property, plant, and equipment, net15 12 
Total leased assets$619 $609 
Liabilities:
Current
OperatingCurrent portion of operating lease liabilities$138 $126 
FinanceShort-term debt and current portion of long-term debt
Noncurrent
OperatingOperating lease liabilities450 454 
FinanceLong-term debt
Total lease liabilities$595 $587 
(1)Net of accumulated depreciation of $16 million and $14 million as of December 31, 2025 and 2024, respectively.
Supplemental cash flow information related to leases for the years ended December 31, 2025, 2024 and 2023 was as follows:
($ in millions)202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases$168 $157 $155 
Operating cash flows paid for finance leases$1 $1 $1 
Financing cash flows paid for finance leases$2 $2 $2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$109 $184 $119 
Finance leases$2 $1 $1 
Lease terms and discount rates as of December 31, 2025, 2024 and 2023 were as follows:
202520242023
Weighted-average remaining lease term (in years)
Operating leases6.36.96.8
Finance leases10.48.19.3
Weighted-average discount rate
Operating leases3.6%3.6%3.0%
Finance leases6.7%6.8%6.0%
As of December 31, 2025, maturities of lease liabilities were as follows:
($ in millions)Operating LeasesFinance Leases
2026$156 $2 
2027123 
202898 
202972 
203059 
Thereafter150 
Total lease payments$658 $8 
Less: Interest70 
Total lease obligations$588 $7 
Leases Leases
PPG leases certain retail paint stores, warehouses, distribution facilities, office space, fleet vehicles and equipment.
The components of lease expense for the years ended December 31, 2025, 2024 and 2023 were as follows:
($ in millions)Classification in the Consolidated Statement of Income202520242023
Operating lease costCost of sales, exclusive of depreciation and amortization$49 $47 $45 
Operating lease costSelling, general and administrative150 141 138 
Total operating lease cost$199 $188 $183 
Finance lease cost:
Amortization of right-of-use assetsDepreciation$1 $1 $1 
Interest on lease liabilitiesInterest expense
Total finance lease cost$2 $2 $2 
Total lease cost$201 $190 $185 
Total operating lease cost for the years ended December 31, 2025, 2024 and 2023 is inclusive of the following:
($ in millions)202520242023
Variable lease costs$10 $9 $9 
Short-term lease costs$19 $20 $19 
The lease amounts included in the consolidated balance sheet as of December 31, 2025 and 2024 were as follows:
($ in millions)Classification on the Consolidated Balance Sheet20252024
Assets:
OperatingOperating lease right-of-use assets$604 $597 
Finance(1)
Property, plant, and equipment, net15 12 
Total leased assets$619 $609 
Liabilities:
Current
OperatingCurrent portion of operating lease liabilities$138 $126 
FinanceShort-term debt and current portion of long-term debt
Noncurrent
OperatingOperating lease liabilities450 454 
FinanceLong-term debt
Total lease liabilities$595 $587 
(1)Net of accumulated depreciation of $16 million and $14 million as of December 31, 2025 and 2024, respectively.
Supplemental cash flow information related to leases for the years ended December 31, 2025, 2024 and 2023 was as follows:
($ in millions)202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases$168 $157 $155 
Operating cash flows paid for finance leases$1 $1 $1 
Financing cash flows paid for finance leases$2 $2 $2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$109 $184 $119 
Finance leases$2 $1 $1 
Lease terms and discount rates as of December 31, 2025, 2024 and 2023 were as follows:
202520242023
Weighted-average remaining lease term (in years)
Operating leases6.36.96.8
Finance leases10.48.19.3
Weighted-average discount rate
Operating leases3.6%3.6%3.0%
Finance leases6.7%6.8%6.0%
As of December 31, 2025, maturities of lease liabilities were as follows:
($ in millions)Operating LeasesFinance Leases
2026$156 $2 
2027123 
202898 
202972 
203059 
Thereafter150 
Total lease payments$658 $8 
Less: Interest70 
Total lease obligations$588 $7 
v3.25.4
Borrowings and Lines of Credit
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Borrowings and Lines of Credit Borrowings and Lines of Credit
Long-term Debt Obligations
($ in millions)Maturity Date20252024
0.875% notes (€600)
2025— 620 
1.875% notes (€300)
2025— 310 
1.2% notes ($700)
2026700 698 
1.4% notes (€600)
2027704 619 
Term Loan due 2028 (€1,050)(1)
20281,233 776 
3.75% notes ($800)(2)
2028801 806 
2.5% notes (€80)
202994 83 
2.8% notes ($300)
2029299 298 
2.75% notes (€700)
2029819 718 
2.55% notes ($300)
2030298 297 
4.375% notes ($700)
2031692 — 
3.25% notes (€900)
20321,047 — 
1.95% note (€50)
203758 51 
7.7% notes ($176)
2038175 175 
5.5% notes ($250)
2040248 248 
3.0% notes (€120)
2044135 118 
Finance lease obligationsVarious
Impact of derivatives on debt(3)
N/A(6)(16)
Total$7,304 $5,808 
Less payments due within one yearN/A702 932 
Long-term debt$6,602 $4,876 
(1)As of December 31, 2025, the Term Loan was due in 2028. In January 2026, the Term Loan was amended to extend its maturity to January 2029.
(2)In February 2018, PPG entered into interest rate swaps which converted $375 million of the notes from a fixed interest rate to a floating interest rate based on the three month SOFR. The impact of the derivative on the notes represents the fair value adjustment of the debt. The average effective interest rate for the portion of the notes impacted by the swaps was 5.5% and 6.4% for the years ended December 31, 2025 and 2024, respectively. Refer to Note 11, “Financial Instruments, Hedging Activities and Fair Value Measurements” for additional information.
(3)Fair value adjustment of the 3.75% $800 million notes as a result of fair value hedge accounting treatment related to the outstanding interest rate swaps as of December 31, 2025 and 2024. Refer to Note 11, “Financial Instruments, Hedging Activities and Fair Value Measurements” for additional information.
Credit Agreements
In April 2023, PPG entered into a €500 million term loan credit agreement (the "Term Loan"). The Term Loan contains covenants that are consistent with those in the Credit Agreement discussed below and that are usual and customary restrictive covenants for facilities of its type, which include, with specified exceptions, limitations on the Company’s ability to create liens or other encumbrances, to enter into sale and leaseback transactions and to enter into consolidations, mergers or transfers of all or substantially all of its assets. In April 2023, PPG borrowed €500 million under the Term Loan. In December 2023, PPG obtained lender commitments sufficient to increase the size of the Term Loan by €250 million. In January 2024, PPG borrowed the additional €250 million. In December 2024, PPG obtained lender commitments sufficient to increase the size of the Term Loan by €300 million. In January 2025, PPG borrowed the additional €300 million. In January 2026, the Term Loan was amended to extend its maturity. Based on this amendment, the Term Loan terminates and all amounts outstanding are payable in January 2029. The Term Loan is denominated in euro and has been designated as a hedge of the net investment in the Company’s European operations. For more information, refer to Note 11 “Financial Instruments, Hedging Activities and Fair Value Measurements.”
In July 2023, PPG amended and restated its five-year credit agreement (the "Credit Agreement") dated as of August 30, 2019, extending the term through July 27, 2028. In October 2025, PPG amended the Credit Agreement to extend its maturity as to certain commitments. The amended Credit Agreement provides for a $2.3 billion unsecured revolving credit facility, of which $2,148 million of the total commitment has a term through July 2029 and $152 million of the total commitment has a term through July 2028. The Company has the ability to increase the size of the Credit Agreement by up to an additional $750 million, subject to the receipt of lender commitments and other conditions precedent. The Company has the right, subject to certain conditions set forth in the Credit Agreement, to designate certain subsidiaries of the Company as borrowers under the Credit Agreement. In connection with any such designation, the Company is required to guarantee the obligations of any such subsidiaries under the Credit Agreement. There were no amounts outstanding under the Credit Agreement as of December 31, 2025 and December 31, 2024.
Borrowings under the Credit Agreement may be made in U.S. Dollars or in euros. The Credit Agreement provides that loans will bear interest at rates based, at the Company’s option, on one of two specified base rates plus a margin based on certain formulas defined in the Credit Agreement. Additionally, the Credit Agreement contains a Commitment Fee, as defined in the Credit Agreement, on the amount of unused commitments under the Credit Agreement ranging from 0.060% to 0.125% per annum.
The Credit Agreement also supports the Company’s commercial paper borrowings which are classified as long-term based on PPG’s intent and ability to refinance these borrowings on a long-term basis. There were no commercial paper borrowings outstanding as of both December 31, 2025 and December 31, 2024.
The Credit Agreement contains usual and customary restrictive covenants for facilities of its type, which include, with specified exceptions, limitations on the Company’s ability to create liens or other encumbrances, to enter into sale and leaseback transactions and to enter into consolidations, mergers or transfers of all or substantially all of its assets. The Credit Agreement also requires the Company to maintain a ratio of Total Indebtedness to Total Capitalization, as defined in the Credit Agreement, of 60% or less; provided, that for any fiscal quarter in which the Company has made an acquisition for consideration in excess of $1 billion and for the next five fiscal quarters thereafter, the ratio of Total Indebtedness to Total Capitalization may not exceed 65% at any time. As of December 31, 2025, Total Indebtedness to Total Capitalization as defined under the Credit Agreement was 47%.
The Credit Agreement contains, among other things, customary events of default that would permit the lenders to accelerate the loans, including the failure to make timely payments when due under the Credit Agreement or other material indebtedness, the failure to satisfy covenants contained in the Credit Agreement, a change in control of the Company and specified events of bankruptcy and insolvency.
Other Long-term Debt Activities
In November 2025, PPG’s €600 million 0.875% notes matured, and the Company repaid this obligation using cash on hand.
In October 2025, PPG completed a public offering of $700 million 4.375% Notes due 2031. These notes were issued pursuant to PPG’s existing shelf registration statement and pursuant to an indenture between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee, as supplemented (the "2025 Indenture"). The 2025 Indenture governing these notes contains covenants that limit the Company’s ability to, among other things, incur certain liens securing indebtedness, engage in certain sale-leaseback transactions, and enter into certain consolidations, mergers, conveyances, transfers or leases of all or substantially all the Company’s assets. The terms of these notes also require the Company to make an offer to repurchase Notes upon a Change of Control Triggering Event (as defined in the 2025 Indenture) at a price equal to 101% of their principal amount plus accrued and unpaid interest. The Company may issue additional debt from time to time pursuant to the Indenture. The aggregate cash proceeds from the notes, net of discounts and fees, was $693 million.
In June 2025, PPG's €300 million 1.875% notes matured, and the Company repaid this obligation using cash on hand.
In March 2025, PPG completed a public offering of €900 million 3.250% Notes due 2032. These notes were issued pursuant to PPG’s existing shelf registration statement and pursuant to an indenture between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee, as supplemented. These notes contain covenants materially consistent with the $700 million 4.375% Notes due 2031 discussed above. The aggregate cash proceeds from the notes, net of discounts and fees, was $940 million. The notes are denominated in euro and the notes have been designated as hedges of net investments in the Company’s European operations. Refer to Note 11 “Financial Instruments, Hedging Activities and Fair Value Measurements” for additional information.
In August 2024, PPG’s $300 million 2.4% notes matured, and the Company repaid this obligation using cash on hand.
In March 2023, PPG’s $300 million 3.2% notes matured, and the Company repaid this obligation using cash on hand.
In February 2021, PPG entered into a $2.0 billion term loan credit agreement (the "Term Loan Credit Agreement") to finance the Company’s acquisition of Tikkurila, and to pay fees, costs and expenses related thereto. The Term Loan Credit Agreement provided the Company with the ability to borrow up to an aggregate principal amount of $2.0 billion on an unsecured basis. In 2023, PPG fully repaid the remaining $1.1 billion that was outstanding under the Term Loan Credit Agreement using cash on hand.
Restrictive Covenants and Cross-Default Provisions
As of December 31, 2025, PPG was in full compliance with the restrictive covenants under its various credit agreements, loan agreements and indentures.
Additionally, the Company’s Credit Agreement and Term Loan contain customary cross-default provisions. These provisions provide that a default on a debt service payment of $100 million or more for longer than the grace period provided under another agreement may result in an event of default under this agreement. None of the Company’s primary debt obligations are secured or guaranteed by the Company’s affiliates.
Long-term Debt Maturities
($ in millions)Maturity per year
2026$702 
2027$702 
2028(1)
$2,023 
2029$1,212 
2030$295 
Thereafter$2,370 
(1)As of December 31, 2025, the Term Loan with an outstanding balance of $1,233 million was due in 2028. The Term Loan is shown as due in 2028 within this table. In January 2026, the Term Loan was amended to extend its maturity to January 2029.
Short-term Debt Obligations
($ in millions)20252024
Various, weighted average 0.7% and 1.9% as of December 31, 2025 and 2024, respectively. $4 $7 
Lines of Credit, Letters of Credit and Surety Bonds
PPG’s non-U.S. operations have uncommitted lines of credit totaling $436 million of which none was used as of December 31, 2025. These uncommitted lines of credit are subject to cancellation at any time and are generally not subject to any commitment fees.
The Company had outstanding letters of credit and surety bonds of $272 million and $302 million as of December 31, 2025 and 2024, respectively. The letters of credit secure the Company’s performance to third parties under certain self-insurance programs and other commitments made in the ordinary course of business. The Company does not believe any loss related to these letters of credit or surety bonds is likely.
v3.25.4
Financial Instruments, Hedging Activities and Fair Value Measurements
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Financial Instruments, Hedging Activities and Fair Value Measurements Financial Instruments, Hedging Activities and Fair Value Measurements
Financial instruments include cash and cash equivalents, short-term investments, cash held in escrow, marketable equity securities, accounts receivable, company-owned life insurance, accounts payable, short-term and long-term debt instruments, and derivatives. The fair values of these financial instruments approximated their carrying values at December 31, 2025 and 2024, in the aggregate, except for long-term debt instruments.
Hedging Activities
The Company has exposure to market risk from changes in foreign currency exchange rates and interest rates. As a result, financial instruments, including derivatives, have been used to hedge a portion of these underlying economic exposures. Certain of these instruments qualify as fair value, cash flow, and net investment hedges upon meeting the requisite criteria, including effectiveness of offsetting hedged or underlying exposures. Changes in the fair value of derivatives that do not qualify for hedge accounting are recognized in Income before income taxes in the period incurred.
PPG’s policies do not permit speculative use of derivative financial instruments. PPG enters into derivative financial instruments with high credit quality counterparties and diversifies its positions among such counterparties in order to reduce its exposure to credit losses. The Company did not realize a credit loss on derivatives during the three-year period ended December 31, 2025.
All of PPG’s outstanding derivative instruments are subject to accelerated settlement in the event of PPG’s failure to meet its debt or payment obligations under the terms of the instruments’ contractual provisions. In addition, if the Company would be acquired and its payment obligations under its derivative instruments’ contractual arrangements are not assumed by the acquirer, or if PPG would enter into bankruptcy, receivership or reorganization proceedings, its outstanding derivative instruments would also be subject to accelerated settlement.
In 2025 and 2024, there were no derivative instruments de-designated or discontinued as a hedging instrument. There were no gains or losses deferred in Accumulated other comprehensive loss on the consolidated balance sheet that were reclassified to Income before income taxes in the consolidated statement of income during the three-year period ended December 31, 2025 related to hedges of anticipated transactions that were no longer expected to occur.
Fair Value Hedges
The Company uses interest rate swaps from time to time to manage its exposure to changing interest rates. When outstanding, the interest rate swaps are typically designated as fair value hedges of certain outstanding debt obligations of the Company and are recorded at fair value.
PPG has interest rate swaps which converted $375 million of fixed rate debt to variable rate debt as of both December 31, 2025 and December 31, 2024, respectively. These swaps are designated as fair value hedges and are carried at fair value. Changes in the fair value of these swaps and changes in the fair value of the related debt are recorded in Interest expense in the accompanying consolidated statement of income. The fair value of these interest rate swaps were liabilities of $6 million and $16 million at December 31, 2025 and 2024, respectively.
Cash Flow Hedges
At times, PPG designates certain foreign currency forward contracts as cash flow hedges of the Company’s exposure to variability in exchange rates on third party transactions denominated in foreign currencies. There were no outstanding cash flow hedges at December 31, 2025 and December 31, 2024, respectively.
Net Investment Hedges
PPG uses cross currency swaps and foreign currency euro-denominated debt to hedge a significant portion of its net investment in its European operations, as follows:
PPG had U.S. dollar to euro cross currency swap contracts with total notional amounts of $375 million as of both December 31, 2025 and December 31, 2024, respectively, and designated these contracts as hedges of the Company's net investment in its European operations. During the term of these contracts, PPG will receive payment in U.S. dollars and make payments in euros to the counterparties. As of December 31, 2025 and 2024, the fair value of these contracts were net assets of $11 million and $50 million, respectively.
At December 31, 2025 and 2024, PPG had designated €3.5 billion and €3.2 billion, respectively, of euro-denominated borrowings as hedges of a portion of its net investment in the Company’s European operations. The carrying value of these instruments was $4.1 billion and $3.3 billion at December 31, 2025 and 2024, respectively.
There were no foreign currency forward contracts designated as net investment hedges used or outstanding as of and for the periods ended December 31, 2025, 2024 and 2023.
Other Financial Instruments
PPG uses foreign currency forward contracts to manage net transaction exposures that do not qualify for hedge accounting; therefore, the change in the fair value of these instruments is recorded in Other charges/(income), net in the consolidated statement of income in the period of change. Underlying notional amounts related to these foreign currency forward contracts were $2.9 billion and $2.8 billion at December 31, 2025 and 2024, respectively. The fair values of these contracts were net assets of $1 million as of December 31, 2025 and net liabilities of $53 million as of December 31, 2024, respectively.
Gains/Losses Deferred in Accumulated Other Comprehensive Loss
As of December 31, 2025, the Company had accumulated pretax unrealized translation losses in Accumulated other comprehensive loss on the consolidated balance sheet related to the euro-denominated borrowings, foreign currency forward contracts, and the cross currency swaps of $572 million and gains of $460 million as of December 31, 2024.
The following table summarizes the amount of gains/(losses) deferred in Other comprehensive income ("OCI") and the amount and location of gains recognized within the consolidated statement of income related to derivative and debt financial instruments for the years ended December 31, 2025, 2024 and 2023. All dollar amounts are shown on a pretax basis.
202520242023
($ in millions)Loss Deferred in OCI(Loss)/Gain RecognizedGain Deferred in OCI(Loss)/Gain RecognizedLoss Deferred in OCI(Loss)/Gain RecognizedCaption in Consolidated Statement of Income
Fair Value
Interest rate swaps$— ($3)$— ($10)$— ($10)Interest expense
Total Fair Value$— ($3)$— ($10)$— ($10)
Net Investment
Cross currency swaps($39)$8 $20 $9 ($15)$12 Interest expense
Foreign denominated debt(533)— 217 — (89)— 
Total Net Investment($572)$8 $237 $9 ($104)$12 
Economic
Foreign currency forward contracts$— $86 $— $43 $— $49 Other charges/(income), net
Fair Value Measurements
The Company follows a fair value measurement hierarchy to measure its assets and liabilities. As of December 31, 2025 and 2024, respectively, the assets and liabilities measured at fair value on a recurring basis were cash equivalents, equity securities and derivatives. In addition, the Company measures its pension plan assets at fair value (see Note 14, “Employee Benefit Plans” for further details). The Company’s financial assets and liabilities are measured using inputs from the following three levels:
Level 1 inputs are quoted prices in active markets for identical assets and liabilities that the Company has the ability to access at the measurement date. Level 1 inputs are considered to be the most reliable evidence of fair value as they are based on unadjusted quoted market prices from various financial information service providers and securities exchanges.
Level 2 inputs are directly or indirectly observable prices that are not quoted on active exchanges, which include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability and inputs that are derived principally from or corroborated by observable market data by correlation or other means. The fair values of the derivative instruments reflect the instruments’ contractual terms, including the period to maturity, and uses observable market-based inputs, including forward curves.
Level 3 inputs are unobservable inputs employed for measuring the fair value of assets or liabilities. The Company does not have any recurring financial assets or liabilities that are recorded in its consolidated balance sheets as of December 31, 2025 and 2024 that are classified as Level 3 inputs.
Assets and liabilities reported at fair value on a recurring basis
December 31, 2025December 31, 2024
($ in millions)Level 1Level 2Level 3Level 1Level 2Level 3
Assets:
Other current assets:   
Marketable equity securities$10 $— $— $9 $— $— 
Foreign currency forward contracts(a)
— — — — 
Investments:
Marketable equity securities$79 $— $— $85 $— $— 
Other assets:
Cross currency swaps(b)
$— $15 $— $— $50 $— 
Liabilities:
Accounts payable and accrued liabilities:
Foreign currency forward contracts(a)
$— $4 $— $— $58 $— 
Other liabilities:
Cross currency swaps(b)
$— $4 $— $— $— $— 
Interest rate swaps(c)
— — — 16 — 
(a)    Derivatives not designated as hedging instruments
(b)    Net investment hedges
(c)    Fair value hedges
Long-Term Debt
($ in millions)
December 31, 2025 (a)
December 31, 2024 (b)
Long-term debt - carrying value$7,297$5,801
Long-term debt - fair value$7,215$5,634
(a)    Excluding finance lease obligations of $7 million and short term borrowings of $4 million as of December 31, 2025.
(b)    Excluding finance lease obligations of $7 million and short term borrowings of $7 million as of December 31, 2024.
The fair values of the debt instruments were measured using Level 2 inputs, including discounted cash flows and interest rates then currently available to the Company for instruments of the same remaining maturities.
v3.25.4
Earnings Per Common Share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
($ in millions, except per share amounts)202520242023
Earnings per common share (attributable to PPG)
Income from continuing operations, net of tax$1,571 $1,344 $1,223 
Income/(loss) from discontinued operations, net of tax(228)47 
Net income (attributable to PPG)$1,576 $1,116 $1,270 
Weighted average common shares outstanding226.3 233.8 236.0 
Effect of dilutive securities:   
Stock options0.1 0.4 0.5 
Other stock compensation plans0.7 0.7 0.7 
Potentially dilutive common shares0.8 1.1 1.2 
Adjusted weighted average common shares outstanding227.1 234.9 237.2 
Earnings per common share (attributable to PPG)
Income from continuing operations, net of tax$6.94 $5.75 $5.18 
Income/(loss) from discontinued operations, net of tax0.02 (0.98)0.20 
Net income (attributable to PPG)$6.96 $4.77 $5.38 
Earnings per common share - assuming dilution (attributable to PPG)
Income from continuing operations, net of tax$6.92 $5.72 $5.16 
Income/(loss) from discontinued operations, net of tax0.02 (0.97)0.19 
Net income (attributable to PPG)$6.94 $4.75 $5.35 
Antidilutive securities(a):
Stock options3.4 1.3 0.9 
v3.25.4
Income Taxes
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The provision for income taxes by taxing jurisdiction and by significant components consisted of the following:
($ in millions)202520242023
Current   
U.S. federal$62 $67 $95 
U.S. state and local15 14 
Foreign419 490 506 
Total current income tax expense$485 $572 $615 
Deferred   
U.S. federal($30)($2)($156)
U.S. state and local(3)(8)(15)
Foreign(87)(16)
Total deferred income tax benefit($27)($97)($187)
Total income tax expense$458 $475 $428 
The following table is a reconciliation of the statutory U.S. corporate federal income tax rate to the Company’s effective tax rate for 2025 in accordance with the guidance in ASU 2023-09:
2025
($ in millions, except percentages)AmountPercent
U.S. federal income tax rate$429 21.0%
Foreign tax effects
Mexico
Tax rate differential55 2.7 
Nontaxable inflationary effect(23)(1.1)
Other adjustments34 1.6 
Singapore
Nontaxable gain on sale(45)(2.2)
Other adjustments(2)(0.1)
Switzerland
Nondeductible loss on sale45 2.2 
Other adjustments(11)(0.6)
Other foreign jurisdictions61 3.0 
Tax credits(33)(1.6)
Changes in unrecognized tax benefits(39)(1.9)
Other adjustments
Return to provision(25)(1.2)
Other adjustments12 0.6 
Effective income tax rate$458 22.4%
The following table is a reconciliation of the statutory U.S. corporate federal income tax rate to the Company’s effective tax rate for 2024 and 2023 in accordance with the guidance prior to the adoption of ASU 2023-09:
20242023
U.S. federal income tax rate21.0%21.0%
Changes in rate due to:  
Taxes on non-U.S. earnings4.8 4.3 
Change in valuation allowance reserves3.5 3.6 
Other foreign tax effects(4.7)(2.8)
Pillar 2 global minimum tax0.8 — 
Impairment and other related charges, net(0.2)2.0 
Uncertain tax positions1.2 (1.8)
U.S. tax cost/(benefit) on foreign operations0.9 (0.9)
U.S. tax incentives(0.8)(0.8)
Tax benefits from equity awards— (0.2)
U.S. state and local taxes0.3 — 
Other(1.2)0.9 
Effective income tax rate25.6%25.3%
Income/(loss) before income taxes of the Company’s U.S. operations for 2025, 2024 and 2023 was $293 million, $210 million and $(129) million, respectively. Income before income taxes of the Company’s foreign operations for 2025, 2024 and 2023 was $1,752 million, $1,642 million and $1,819 million, respectively.
Income tax payments, net of refunds
The following table presents the net income taxes paid/(net refunds received) by the Company for 2025 in accordance with the guidance in ASU 2023-09:
($ in millions)2025
Federal(1)
($5)
State
Foreign
Mexico205 
China56 
France25 
Netherlands25 
Switzerland(27)
Other152 
Total taxes paid, net of refunds$438 
(1)Net refund received due to overpayment of prior year tax liability related to portfolio optimization actions in 2024 and other items.
Deferred income taxes
Deferred income taxes are provided for the effect of temporary differences that arise because there are certain items treated differently for financial accounting than for income tax reporting purposes. The deferred tax assets and liabilities are determined by applying the enacted tax rate in the year in which the temporary difference is expected to reverse.
($ in millions)20252024
Deferred income tax assets related to
Employee benefits$203 $215 
Contingent and accrued liabilities98 105 
Operating loss and other carry-forwards324 389 
Operating lease liabilities145 144 
Research and development amortization304 259 
Other258 280 
Valuation allowance(258)(327)
Total$1,074 $1,065 
Deferred income tax liabilities related to  
Property$201 $268 
Intangibles643 607 
Employee benefits43 39 
Operating lease right-of-use assets150 148 
Other13 105 
Total$1,050 $1,167 
Deferred income tax assets/(liabilities) – net$24 ($102)
Net operating loss and credit carryforwards
($ in millions)20252024Expiration
Available net operating loss carryforwards, tax effected:
Indefinite expiration$95 $85 NA
Definite expiration95 150 2026-2045
Total$190 $235 
Income tax credit carryforwards$128 $112 2026-2035
A valuation allowance of $258 million and $327 million has been established as of December 31, 2025 and 2024, respectively, for carryforwards and certain other items when the ability to utilize them is not likely.
Undistributed foreign earnings
The Company had $7.5 billion of undistributed earnings of non-U.S. subsidiaries as of December 31, 2025. This amount relates to approximately 220 subsidiaries in more than 50 taxable jurisdictions. The Company estimates repatriation of undistributed earnings of non-U.S. subsidiaries as of December 31, 2025 would result in a tax cost of $167 million.
As of December 31, 2025, the Company had not changed its intention to reinvest foreign earnings indefinitely or repatriate when it is tax effective to do so, and as such, has not established a liability for foreign withholding taxes or other costs that would be incurred if the earnings were repatriated.
Unrecognized tax benefits
The Company files federal, state and local income tax returns in numerous domestic and foreign jurisdictions. In most tax jurisdictions, returns are subject to examination by the relevant tax authorities for a number of years after the returns have been filed. In one tax jurisdiction, the Company remains subject to examinations by the tax authority for tax years dating back to 2007. In all other major jurisdictions, the Company is no longer subject to examinations by tax authorities for years before 2016. Furthermore, the Company is no longer subject to examination by the Internal Revenue Service for U.S. federal income tax returns filed for years through 2021, and there are no examinations open by the Internal Revenue Service for U.S. federal income tax returns.

A reconciliation of the total amounts of unrecognized tax benefits (excluding interest and penalties) as of December 31 follows:
($ in millions)202520242023
January 1$141 $121 $145 
Current year tax positions - additions21 16 
Prior year tax positions - additions13 43 33 
Prior year tax positions - reductions— (1)(14)
Statute of limitations expirations(15)(20)(9)
Settlements(14)(6)(51)
Resolution of tax matter(1)
(44)— — 
Foreign currency translation(4)
December 31$111 $141 $121 
(1)In 2025, the Company recorded a net charge related to the anticipated resolution of an outstanding tax matter. The Company expects to pay incremental income taxes and non-income taxes in the impacted taxing jurisdiction related to the matter. In connection with this matter, the Company reduced its provision for uncertain tax positions.
The Company expects that any reasonably possible change in the amount of unrecognized tax benefits in the next 12 months would not be significant. The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate was $94 million as of December 31, 2025.
Interest and penalties
($ in millions)202520242023
Accrued interest and penalties related to unrecognized tax benefits$11 $11 $14 
(Income)/loss recognized in income tax expense related to interest and penalties($1)($2)($2)
The Company recognizes accrued interest and penalties related to unrecognized tax benefits in income tax expense.
v3.25.4
Employee Benefit Plans
12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
Defined Benefit Plans
PPG has defined benefit pension plans that cover certain employees worldwide. The principal defined benefit pension plans are those in the U.S., Canada, Germany, the Netherlands and the U.K. These plans in the aggregate represent 92% of PPG’s total projected benefit obligation at December 31, 2025, of which the U.S. defined benefit pension plans represent the largest component.
As of January 1, 2006, the Company’s U.S. salaried defined benefit plans were closed to new entrants. In 2011 and 2012, the Company approved amendments related to its U.S. and Canadian defined benefit plans pursuant to which employees stopped accruing benefits at certain dates based on the affected employee’s combined age and years of service to PPG. As of December 31, 2020, the Company’s U.S. and Canadian defined benefit plans were frozen for all participants. The Company plans to continue reviewing and potentially amending PPG defined benefit plans in the future.
U.S. pension annuity contracts
In March 2023, the Company purchased group annuity contracts that transferred to third-party insurance companies pension benefit obligations for certain of the Company’s retirees in the U.S. who were receiving their monthly retirement benefit payments from a U.S. pension plan. The amount of each affected retiree’s annuity payment was equal to the amount of such individual’s pension benefit. The purchase of group annuity contracts was funded directly by the assets of the U.S. plans. By transferring the obligations and assets to the insurance companies, the Company reduced its overall pension projected benefit obligation by $309 million and recognized a non-cash Pension settlement charge of $190 million in the consolidated statement of income for the year ended December 31, 2023.
Postretirement medical
PPG sponsors welfare benefit plans that provide postretirement medical and life insurance benefits for certain U.S. and Canadian employees and their dependents of which the U.S. welfare benefit plans represent 87% of PPG’s total projected benefit obligation at December 31, 2025. Salaried and certain hourly employees in the U.S. hired on or after October 1, 2004, or rehired on or after October 1, 2012 are not eligible for postretirement medical benefits. These plans in the U.S. and Canada require retiree contributions based on retiree-selected coverage levels for certain retirees and their dependents and provide for sharing of future benefit cost increases between PPG and participants based on management discretion. The Company has the right to modify, amend or terminate certain of these benefit plans in the future.
The following table sets forth the changes in projected benefit obligations (“PBO”), plan assets, the funded status and the amounts recognized on the accompanying consolidated balance sheet for the Company’s defined benefit pension and other postretirement benefit plans:
Defined Benefit Pension Plans
 United States International Total PPG
($ in millions)202520242025202420252024
Projected benefit obligation, January 1$1,055 $1,143 $972 $1,068 $2,027 $2,211 
Service cost— — 
Interest cost55 55 49 48 104 103 
Actuarial losses/(gains)28 (57)(1)(33)27 (90)
Benefits paid(71)(67)(57)(53)(128)(120)
Foreign currency translation adjustments— — 99 (54)99 (54)
Settlements— (19)(23)(13)(23)(32)
Other— — — — 
Projected benefit obligation, December 31$1,067 $1,055 $1,048 $972 $2,115 $2,027 
Market value of plan assets, January 1$694 $731 $886 $989 $1,580 $1,720 
Actual return on plan assets67 18 (15)85 (8)
Company contributions27 24 29 26 
Benefits paid(53)(49)(45)(44)(98)(93)
Plan settlements— (19)(15)(6)(15)(25)
Foreign currency translation adjustments— — 80 (37)80 (37)
Other— — (5)(3)(5)(3)
Market value of plan assets, December 31$735 $694 $921 $886 $1,656 $1,580 
Funded Status($332)($361)($127)($86)($459)($447)
Amounts recognized in the Consolidated Balance Sheet:
Other assets (long-term)— — 126 144 126 144 
Accounts payable and accrued liabilities(18)(18)(17)(15)(35)(33)
Accrued pensions(314)(343)(236)(215)(550)(558)
Net liability recognized($332)($361)($127)($86)($459)($447)
Other Postretirement Benefit Plans
 United States InternationalTotal PPG
($ in millions)202520242025202420252024
Projected benefit obligation, January 1$390 $424 $63 $71 $453 $495 
Service cost— 
Interest cost20 20 23 23 
Actuarial gains(8)(22)(8)(2)(16)(24)
Benefits paid(30)(35)(4)(4)(34)(39)
Foreign currency translation adjustments— — (5)(5)
Other— — — — 
Projected benefit obligation, December 31$374 $390 $58 $63 $432 $453 
Amounts recognized in the Consolidated Balance Sheet:
Accounts payable and accrued liabilities(36)(39)(4)(4)(40)(43)
Other postretirement benefits(338)(351)(54)(59)(392)(410)
Net liability recognized($374)($390)($58)($63)($432)($453)
The PBO is the actuarial present value of benefits attributable to employee service rendered to date, including the effects of estimated future pay increases. The accumulated benefit obligation (“ABO”) is the actuarial present value of benefits attributable to employee service rendered to date, but does not include the effects of estimated future pay increases. The ABO for all defined benefit pension plans as of December 31, 2025 and 2024 was $2.1 billion and $2.0 billion, respectively.
The following table details the pension plans where the benefit liability exceeds the fair value of the plan assets:
 Pensions
($ in millions)20252024
Plans with PBO in Excess of Plan Assets:
Projected benefit obligation$1,343 $1,307 
Fair value of plan assets$761 $717 
Plans with ABO in Excess of Plan Assets:
Accumulated benefit obligation$1,300 $1,274 
Fair value of plan assets$746 $712 
Net actuarial losses/(gains) and prior service credit deferred in accumulated other comprehensive loss
PensionsOther Postretirement Benefits
($ in millions)2025202420252024
Accumulated net actuarial losses/(gains)$707 $670 ($53)($37)
Accumulated prior service credit— — (11)(16)
Total$707 $670 ($64)($53)
The accumulated net actuarial losses/(gains) for pensions and other postretirement benefits relate primarily to historical changes in the discount rates. The accumulated net actuarial losses exceeded 10% of the higher of the market value of plan assets or the PBO at the beginning of each of the last three years; therefore, amortization of such excess has been included in net periodic benefit costs for pension and other postretirement benefits in these periods. The amortization period is the average remaining service period of active employees expected to receive benefits unless a plan is mostly inactive in which case the amortization period is the average remaining life expectancy of the plan participants. Accumulated prior service credit is amortized over the future service periods of those employees who are active at the dates of the plan amendments and who are expected to receive benefits.
The net decrease in Accumulated other comprehensive loss (pretax) related to defined benefit pension and other postretirement benefit plans during the year ended December 31, 2025 was due to the following:
($ in millions)PensionsOther Postretirement Benefits
Net actuarial loss/(gain) arising during the year$47 ($16)
Amortization of actuarial (loss)/gain(23)
Amortization of prior service credit— 
Foreign currency translation adjustments19 (1)
Impact of settlements(6)— 
Net decrease$37 ($11)
Net periodic benefit cost
PensionsOther Postretirement Benefits
($ in millions)202520242023202520242023
Service cost$9 $8 $7 $3 $3 $4 
Interest cost104 103 111 23 23 27 
Expected return on plan assets(105)(109)(110)— — — 
Amortization of prior service cost— — (5)(4)(7)
Amortization of actuarial losses/(gains)23 22 21 (1)(1)(1)
Settlements, curtailments, and special termination benefits11 192 — — (2)
Net periodic benefit cost$37 $36 $221 $20 $21 $21 
Service cost for net periodic pension and other postretirement benefit costs is included in Cost of sales, exclusive of depreciation and amortization, Selling, general and administrative, and Research and development, net in the accompanying consolidated statement of income. Except for the U.S. pension settlement charge in 2023, which is recorded in Pension settlement charge, all other non-service cost components of net periodic benefit cost are recorded in Other charges/(income), net in the accompanying consolidated statement of income.
Key assumptions
The following weighted average assumptions were used to determine the benefit obligation for the Company’s defined benefit pension and other postretirement plans as of December 31, 2025 and 2024:
United StatesInternationalTotal PPG
202520242025202420252024
Discount rate5.4%5.7%5.1%4.8%5.3%5.3%
Rate of compensation increase2.5%2.5%3.4%3.3%2.9%2.9%
The following weighted average assumptions were used to determine the net periodic benefit cost for the Company’s defined benefit pension and other postretirement benefit plans for the three years in the period ended December 31, 2025:
202520242023
Discount rate5.3%4.9%5.2%
Expected return on assets6.7%6.6%6.5%
Rate of compensation increase2.9%2.8%2.7%
These assumptions for each plan are reviewed on an annual basis. In determining the expected return on plan asset assumption, the Company evaluates the mix of investments that comprise each plan’s assets and external forecasts of future long-term investment returns. The Company compares the expected return on plan assets assumption to actual historic returns to ensure reasonability. For 2025, the return on plan assets assumption for PPG’s U.S. defined benefit pension plans was 7.7%. A change in the rate of return of 75 basis points, with other assumptions held constant, would impact 2026 net periodic pension expense by $6 million. The global expected return on plan assets assumption to be used in determining 2026 net periodic pension expense will be 7.1% (7.7% for the U.S. plans only).
The discount rates used in accounting for pension and other postretirement benefits are determined using a yield curve constructed of high-quality fixed-income securities as of the measurement date and using the plans’ projected benefit payments. The Company has elected to use a full yield curve approach in the estimation of the service and interest cost components of net periodic pension benefit cost/(income) for countries with significant pension plans. The full yield curve approach (also known as the split-rate or spot-rate method) allows the Company to align the applicable discount rates with the cost of additional service being earned and the interest being accrued on these obligations. A change in the discount rate of 75 basis points, with all other assumptions held constant, would impact 2026 net periodic benefit expense for our defined benefit pension and other postretirement benefit plans by $4 million and $1 million, respectively.
The weighted-average health care cost trend rate (inflation) used for 2025 was 6.6% declining to a projected 3.9% in the year 2050. For 2026, the assumed weighted-average health care cost trend rate used will be 5.6% declining to a projected 4.0% between 2025 and 2050 for medical and prescription drug costs. These assumptions are reviewed on an annual basis. In selecting rates for current and long-term health care cost assumptions, the Company takes into consideration a number of factors, including the Company’s actual health care cost increases, the design of the Company’s benefit programs, the demographics of the Company’s active and retiree populations and external expectations of future medical cost inflation rates.
Contributions to defined benefit pension plans
($ in millions)202520242023
U.S. defined benefit pension plans$27 $24 $28 
Non-U.S. defined benefit pension plans$2 $2 $18 
PPG expects to make mandatory contributions to its defined benefit pension plans in the range of $20 million to $30 million during 2026. In addition to any mandatory contributions, PPG may elect to make voluntary contributions to its defined benefit pension plans in 2026 and beyond.
Benefit payments
The estimated benefits expected to be paid under the Company’s defined benefit pension and other postretirement benefit plans are:
($ in millions)PensionsOther Postretirement Benefits
2026$150 $40 
2027$149 $39 
2028$148 $38 
2029$151 $36 
2030$157 $35 
2031 to 2035$810 $160 
Plan assets
Each PPG sponsored defined benefit pension plan is managed in accordance with the requirements of local laws and regulations governing defined benefit pension plans for the exclusive purpose of providing pension benefits to participants and their beneficiaries. Investment committees comprised of PPG managers have fiduciary responsibility to oversee the management of pension plan assets by third party asset managers. Pension plan assets are held in trust by financial institutions and managed on a day-to-day basis by the asset managers. The asset managers receive a mandate from each investment committee that is aligned with the asset allocation targets established by each investment committee to achieve the plan’s investment strategies. The performance of the asset managers is monitored and evaluated by the investment committees throughout the year. 
Pension plan assets are invested to generate investment earnings over an extended time horizon to help fund the cost of benefits promised under the plans while mitigating investment risk. The asset allocation targets established for each pension plan are intended to diversify the investments among a variety of asset categories and among a variety of individual securities within each asset category to mitigate investment risk and provide each plan with sufficient liquidity to fund the payment of pension benefits to retirees.
The following summarizes the weighted average target pension plan asset allocation as of December 31, 2025 and 2024 for all PPG defined benefit plans:
Asset Category20252024
Equity securities15-45%15-45%
Debt securities30-65%30-65%
Real estate0-10%0-10%
Other20-40%20-40%
The fair values of the Company’s pension plan assets at December 31, 2025 and 2024, by asset category, are as follows:
December 31, 2025December 31, 2024
($ in millions)
Level 1(1)
Level 2(1)
Level 3(1)
Total
Level 1(1)
Level 2(1)
Level 3(1)
Total
Asset Category     
Equity securities:     
U.S. Large cap$89 $72 $— $161 $80 $54 $— $134 
U.S. Small cap24 — — 24 18 — — 18 
Non-U.S.(2)
64 51 — 115 68 34 — 102 
Debt securities:        
Cash and cash equivalents43 — 45 11 33 — 44 
Diversified(3)
— 13 — 13 — 45 — 45 
Other(4)
— 246 247 — 239 241 
Real estate, hedge funds, and other— 238 319 557 — 203 332 535 
Total assets in the fair value hierarchy$179 $418 $565 $1,162 $177 $371 $571 $1,119 
Common-collective trusts(5)
— — — 494 — — — 461 
Total Investments$179 $418 $565 $1,656 $177 $371 $571 $1,580 
(1)These levels refer to the accounting guidance on fair value measurement described in Note 11, “Financial Instruments, Hedging Activities and Fair Value Measurements.”
(2)This category represents holdings in investment grade debt or equity securities of issuers in both developed markets and emerging economies.
(3)This category represents investment grade debt securities from a diverse set of industry issuers.
(4)This category primarily represents insurance contracts.
(5)Certain investments that are measured at net asset value per share (or its equivalent) are not required to be classified in the fair value hierarchy.
The change in the fair value of the Company’s Level 3 pension assets for the years ended December 31, 2025 and 2024 was as follows:
($ in millions)Real EstateOther Debt SecuritiesHedge Funds and Other AssetsTotal
January 1, 2024
$119 $258 $222 $599 
Realized gains13 
Unrealized (losses)/gains(5)— — 
Transfers (out)/in, net(28)(12)19 (21)
Foreign currency losses(1)(16)(3)(20)
December 31, 2024$87 $239 $245 $571 
Realized gains/(losses)(11)(2)
Unrealized gains— 10 12 
Transfers out, net(11)(13)(37)(61)
Foreign currency gains31 13 45 
December 31, 2025$81 $246 $238 $565 
Real estate properties are externally appraised at least annually by reputable, independent appraisal firms. Property valuations are also reviewed on a regular basis and are adjusted if there has been a significant change in circumstances related to the property since the last valuation.
Other debt securities primarily consist of insurance contracts, which are valued externally by insurance companies based on the present value of the expected future cash flows.
Hedge funds consist of a wide range of investments which target a relatively stable investment return. The underlying funds are valued at different frequencies, some monthly and some quarterly, based on the value of the underlying investments. Other assets consist primarily of small investments in private equity funds and debt obligations of non-investment grade borrowers.
Other Plans
Employee savings plans
PPG’s Employee Savings Plans (“Savings Plans”) cover substantially all employees in the U.S., Puerto Rico and Canada. The Company makes matching contributions to the Savings Plans, at management’s discretion, based upon participants’ savings, subject to certain limitations. For most participants, Company-matching contributions are established each year at the discretion of the Company and are applied to participant accounts up to a maximum of 6% of eligible participant compensation. The Company-matching contribution remained at 100% for 2025.
Compensation expense and cash contributions related to the Company match of participant contributions to the Savings Plans for 2025, 2024, and 2023 totaled $38 million, $52 million and $49 million, respectively. A portion of the Savings Plans qualifies under the Internal Revenue Code as an Employee Stock Ownership Plan. Accordingly, dividends received on PPG shares held in that portion of the Savings Plans totaling $10 million in the year ended December 31, 2025 and $11 million in each of the years ended December 31, 2024 and 2023, respectively, are deductible for PPG’s U.S. Federal tax purposes.
Defined contribution plans
Additionally, the Company has defined contribution plans for certain employees in the U.S., China, United Kingdom, Australia, Italy and other countries. The U.S. defined contribution plan is part of the Employee Savings Plan, and eligible employees receive a contribution equal to between 2% and 5% of annual compensation, based on age and years of service. For the years ended December 31, 2025, 2024 and 2023, the Company recognized expense for its defined contribution retirement plans of $100 million, $97 million and $83 million, respectively. The Company’s annual cash contributions to its defined contribution retirement plans approximated the expense recognized in each year.
Deferred compensation plan
The Company has a deferred compensation plan for certain key managers which allows them to defer a portion of their compensation in a phantom PPG stock account or other phantom investment accounts. The amount deferred earns a return based on the investment options selected by the participant. The amount owed to participants is an unfunded and unsecured general obligation of the Company. Upon retirement, death, disability, termination of employment, scheduled payment or unforeseen emergency, the compensation deferred and related accumulated earnings are distributed in a lump sum or in accordance with the participant’s election in cash or in PPG stock, based on the accounts selected by the participant and whether the participant meets the definition of a retiree under the plan.
The plan provides participants with investment alternatives and the ability to transfer amounts between the phantom non-PPG stock investment accounts. To mitigate the impact on compensation expense of changes in the market value of the liability, the Company has purchased a portfolio of marketable securities that mirror the phantom non-PPG stock investment accounts selected by the participants, except the money market accounts. These investments are carried by PPG at fair market value, and the changes in market value of these securities are also included in Income before income taxes in the consolidated statement of income. Trading occurs in this portfolio to align the securities held with the participant’s phantom non-PPG stock investment accounts, except the money market accounts.
The cost of the deferred compensation plan, comprised of dividend equivalents accrued on the phantom PPG stock account, investment income and the change in market value of the liability, was $16 million, $25 million and $23 million in 2025, 2024 and 2023, respectively. These amounts are included in Selling, general and administrative in the consolidated statements of income. The change in market value of the investment portfolio was income of $16 million, $23 million, and $21 million in 2025, 2024 and 2023, respectively, and is also included in Selling, general and administrative in the consolidated statements of income.
The Company’s obligations under this plan, which are included in Accounts payable and accrued liabilities and Other liabilities on the consolidated balance sheet, totaled $116 million and $125 million as of December 31, 2025 and 2024, respectively, and the investments in marketable securities, which are included in Investments and Other current assets on the accompanying consolidated balance sheet, were $89 million and $94 million as of December 31, 2025 and 2024, respectively.
v3.25.4
Commitments and Contingent Liabilities
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingent Liabilities Commitments and Contingent Liabilities
PPG is involved in a number of lawsuits and claims, both actual and potential, including some that it has asserted against others, in which substantial monetary damages are sought. These lawsuits and claims may relate to contract, patent, environmental, product liability, antitrust, employment and other matters arising out of the conduct of PPG’s current and past business activities. To the extent that these lawsuits and claims involve personal injury, property damage and certain other claims, PPG believes it has adequate insurance; however, certain of PPG’s insurers are contesting coverage with respect to some of these claims, and other insurers may contest coverage with respect to some claims in the future. PPG’s lawsuits and claims against others include claims against insurers and other third parties with respect to actual and contingent losses related to environmental, asbestos and other matters.
The results of any current or future litigation and claims are inherently unpredictable. However, management believes that, in the aggregate, the outcome of all lawsuits and claims involving PPG will not have a material effect on PPG’s consolidated financial position or liquidity; however, such outcome may be material to the results of operations of any particular period in which costs, if any, are recognized.
Asbestos Matters
As of December 31, 2025, the Company was aware of certain asbestos-related claims pending against the Company and certain of its subsidiaries. The Company is defending these asbestos-related claims vigorously. The asbestos-related claims consist of claims against the Company alleging:
exposure to asbestos or asbestos-containing products manufactured, sold or distributed by the Company or its subsidiaries (“Products Claims”);
personal injury caused by asbestos on premises presently or formerly owned, leased or occupied by the Company (“Premises Claims”); and
asbestos-related claims against a subsidiary the Company acquired in 2013 (“Subsidiary Claims”).
The Company monitors and reviews the activity associated with its asbestos claims and evaluates, on a periodic basis, its estimated liability for such claims and all underlying assumptions to determine whether any adjustment to the reserves for these claims is required. Additionally, as a supplement to its periodic monitoring and review, the Company conducts discussions with counsel and engages valuation consultants to analyze its claims history and estimate the amount of the Company’s potential liability for asbestos-related claims.
As of December 31, 2025 and 2024, the Company’s asbestos-related reserves totaled $43 million and $45 million, respectively.
The Company believes that, based on presently available information, the total reserves for asbestos-related claims will be sufficient to encompass all of the Company’s current and estimable potential future asbestos liabilities. These reserves, which are included within Other liabilities on the accompanying consolidated balance sheets, involve significant management judgment and represent the Company’s current best estimate of its liability for these claims.
The amount reserved for asbestos-related claims by its nature is subject to many uncertainties that may change over time, including (i) the ultimate number of claims filed; (ii) whether closed, dismissed or dormant claims are reinstituted, reinstated or revived; (iii) the amounts required to resolve both currently known and future unknown claims; (iv) the amount of insurance, if any, available to cover such claims; (v) the unpredictable aspects of the tort system, including a changing trial docket and the jurisdictions in which trials are scheduled; (vi) the outcome of any trials, including potential judgments or jury verdicts; (vii) the lack of specific information in many cases concerning exposure for which the Company is allegedly responsible, and the claimants’ alleged diseases resulting from such exposure; and (viii) potential changes in applicable federal and/or state tort liability law. All of these factors may have a material effect upon future asbestos-related liability estimates. While the ultimate outcome of the Company’s asbestos litigation cannot be predicted with certainty, the Company believes that any financial exposure resulting from its asbestos-related claims will not have a material adverse effect on the Company’s consolidated financial position, liquidity or results of operations.
Environmental Matters
In management’s opinion, the Company operates in an environmentally sound manner and the outcome of the Company’s environmental contingencies will not have a material effect on PPG’s financial position or liquidity; however, any such outcome may be material to the results of operations of any particular period in which costs, if any, are recognized. Management anticipates that the resolution of the Company’s environmental contingencies will occur over an extended period of time.
As remediation at certain environmental sites progresses, PPG continues to refine its assumptions underlying the estimates of the expected future costs of its remediation programs. PPG’s ongoing evaluation may result in additional charges against income to adjust the reserves for these sites. In 2025, 2024 and 2023, certain charges have been recorded based on updated estimates to increase existing reserves for these sites. Certain other charges related to environmental remediation actions are recorded to expense as incurred.
As of December 31, 2025 and 2024, PPG had reserves for environmental contingencies associated with PPG’s former chromium manufacturing plant in Jersey City, New Jersey (“New Jersey Chrome”), glass and chemical manufacturing sites, and for other environmental contingencies, including current manufacturing locations and National Priority List sites. These reserves are reported as Accounts payable and accrued liabilities and Other liabilities in the accompanying consolidated balance sheet.
Environmental Reserves
($ in millions)20252024
New Jersey Chrome$56 $58 
Glass and chemical45 51 
Other105 113 
Total environmental reserves$206 $222 
Current Portion$57 $39 
Pretax charges against income for environmental remediation costs are included in Other charges/(income), net in the accompanying consolidated statement of income. The pretax charges and cash outlays related to such environmental remediation in 2025, 2024 and 2023, were as follows:
($ in millions)202520242023
New Jersey Chrome$9 $16 $7 
Glass and chemical
Other23 
Total pretax environmental charges$18 $30 $35 
Cash outlays for environmental spending$24 $28 $31 
In 2025, the Company recognized pretax environmental remediation charges of $16 million related to certain legacy PPG manufacturing sites. These legacy environmental remediation charges primarily relate to an increase in the expected cost of surrounding site remediation at the New Jersey Chrome site and remedial actions at a legacy glass manufacturing site.
The Company continues to analyze, assess and remediate the environmental issues associated with New Jersey Chrome as further discussed below. Excluding the charges related to New Jersey Chrome, pretax charges against income for environmental remediation have ranged between approximately $5 million and $40 million per year for the past 10 years.
Management expects cash outlays for environmental remediation costs to range from $20 million to $60 million annually from 2026 through 2030.
Actual future cash outlays may vary from expected future cash outlays and actual future costs may vary from accrued estimates due to the inherent uncertainties involved in estimating future environmental remediation costs, including possible technological, regulatory and enforcement developments, the results of environmental studies and other factors. Specifically, the level of expected future remediation costs and cash outlays is highly dependent upon activity related to New Jersey Chrome as discussed below.
Remediation: New Jersey Chrome
In June 2009, PPG entered into a settlement agreement with the New Jersey Department of Environmental Protection (“NJDEP”) and Jersey City, New Jersey (which had asserted claims against PPG for lost tax revenue) which was in the form of a Partial Consent Judgment (the "Consent"). Under the Consent, PPG accepted sole responsibility for the remediation activities at its former chromium manufacturing location in Jersey City and a number of additional surrounding sites. Remediation of the New Jersey Chrome sites requires PPG to remediate soil and groundwater contaminated by hexavalent chromium, as well as perform certain other environmental remediation activities. The most significant assumptions underlying the estimate of remediation costs for all New Jersey Chrome sites relate to the extent and concentration of chromium in the soil.
PPG regularly evaluates the assessments of costs incurred to date versus current progress and the potential cost impacts of the most recent information, including the extent of impacted soils and groundwater, engineering, administrative and other associated costs. Based on these assessments, the reserve is adjusted accordingly. As of December 31, 2025 and 2024, PPG’s reserve for remediation of all New Jersey Chrome sites was $56 million and $58 million, respectively. The major cost components of this liability are related to excavation of impacted soil, as well as groundwater remediation. These components each account for approximately 65% and 10% of the amount accrued at December 31, 2025, respectively.
There are multiple, future events yet to occur, including further remedy selection and design, remedy implementation and execution and applicable governmental agency or community organization approvals. Considerable uncertainty exists regarding the timing of these future events for the New Jersey Chrome sites. Further resolution of these events is expected to occur over the next several years. As these events occur and to the extent that the cost estimates of the environmental remediation remedies change, the existing reserve for this environmental remediation matter will continue to be adjusted.
Remediation: Glass, Chemicals and Other Sites
Among other sites at which PPG is managing environmental liabilities, remedial actions are occurring at a chemical manufacturing site in Barberton, Ohio where PPG has completed a Facility Investigation and Corrective Measure Study
under the United States Environmental Protection Agency's Resource Conservation and Recovery Act Corrective Action Program. PPG has also been addressing the impacts from a legacy plate glass manufacturing site in Kokomo, Indiana under the Voluntary Remediation Program of the Indiana Department of Environmental Management and a site associated with a legacy plate glass manufacturing site near Ford City, Pennsylvania under the Pennsylvania Land Recycling Program under the oversight of the Pennsylvania Department of Environmental Protection. PPG is currently performing additional investigation and remedial activities at these locations.
With respect to certain other waste sites, the financial condition of other potentially responsible parties also contributes to the uncertainty of estimating PPG’s final costs. Although contributors of waste to sites involving other potentially responsible parties may face governmental agency assertions of joint and several liability, in general, final allocations of costs are made based on the relative contributions of wastes to such sites. PPG is generally not a major contributor to such sites.
Remediation: Reasonably Possible Matters
In addition to the amounts currently reserved for environmental remediation, the Company may be subject to loss contingencies related to environmental matters estimated to be as much as $100 million to $200 million. Such unreserved losses are reasonably possible but are not currently considered to be probable of occurrence. These reasonably possible unreserved losses relate to environmental matters at a number of sites, none of which are individually significant. The loss contingencies related to these sites include significant unresolved issues such as the nature and extent of contamination at these sites and the methods that may have to be employed to remediate them.
The impact of evolving programs, such as natural resource damage claims, industrial site re-use initiatives and domestic and international remediation programs, also adds to the present uncertainties with regard to the ultimate resolution of this unreserved exposure to future loss. The Company’s assessment of the potential impact of these environmental contingencies is subject to considerable uncertainty due to the complex, ongoing and evolving process of investigation and remediation, if necessary, of such environmental contingencies, and the potential for technological and regulatory developments.
v3.25.4
Shareholders' Equity
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Shareholders' Equity Shareholders' Equity
A class of 10 million shares of preferred stock, without par value, is authorized but unissued. Common stock has a par value of $1.66 2/3 per share; 1.2 billion shares are authorized.
Common StockTreasury StockShares Outstanding
January 1, 2023
581,146,136 (346,072,210)235,073,926 
Purchases— (673,638)(673,638)
Issuances— 810,566 810,566 
December 31, 2023581,146,136 (345,935,282)235,210,854 
Purchases— (5,838,606)(5,838,606)
Issuances— 555,635 555,635 
December 31, 2024581,146,136 (351,218,253)229,927,883 
Purchases— (6,876,495)(6,876,495)
Issuances — 375,560 375,560 
December 31, 2025581,146,136 (357,719,188)223,426,948 
Per share cash dividends paid were $2.78, $2.66 and $2.54 in 2025, 2024 and 2023, respectively.
v3.25.4
Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss (AOCL)
($ in millions)
Foreign Currency Translation Adjustments(1)
Pension and Other Postretirement Benefit Adjustments, net of tax(2)
Unrealized Gain on Derivatives, net of taxAccumulated Other Comprehensive Loss
January 1, 2023
($2,254)($557)$1 ($2,810)
Current year deferrals to AOCL475 (93)— 382 
Reclassifications from AOCL to net income33 156 — 189 
December 31, 2023($1,746)($494)$1 ($2,239)
Current year deferrals to AOCL(1,122)15 — (1,107)
Reclassifications from AOCL to net income217 21 — 238 
December 31, 2024($2,651)($458)$1 ($3,108)
Current year deferrals to AOCL809 (36)— 773 
Reclassifications from AOCL to net income140 19 — 159 
December 31, 2025($1,702)($475)$1 ($2,176)
(1)The tax (benefit)/cost related to unrealized foreign currency translation adjustments on net investment hedges as of December 31, 2025, 2024 and 2023 was $(34) million, $105 million and $47 million, respectively.
(2)The tax cost/(benefit) related to the adjustment for pension and other postretirement benefits for the year ended December 31, 2025, 2024 and 2023 was $9 million, $(12) million and $20 million, respectively. Reclassifications from AOCL are included in the computation of net periodic benefit costs (see Note 14, “Employee Benefit Plans").
v3.25.4
Other (Income)/Charges, Net
12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Other Earnings Other Charges/(Income), Net
($ in millions)202520242023
Environmental charges(1)
$18 $30 $35 
Pension and other postretirement benefit plans, non-service cost components45 43 39 
Resolution of tax matter(2)
41 — — 
Share of net earnings of equity affiliates (See Note 5)
(19)(20)(21)
(Gain)/loss on sale of businesses(3)
(18)(129)23 
Insurance recoveries(4)
(6)(4)(16)
Income from legal settlement(5)
(12)— — 
Argentina currency translation charge(6)
— 110 — 
Royalty income(12)(10)(10)
Other, net(31)(28)30 
Total Other charges/(income), net$6 ($8)$80 
(1)In 2025, PPG recognized charges of $16 million related to environmental remediation costs at certain non-operating PPG manufacturing sites. In both 2024 and 2023, PPG recognized charges of $24 million related to environmental remediation costs at certain non-operating PPG manufacturing sites.
(2)In the fourth quarter 2025, the Company recorded a net charge related to the anticipated resolution of an outstanding tax matter that includes both income taxes and non-income taxes. The portion of the charge related to non-income taxes is $41 million.
(3)In 2025, PPG recognized net gains on the sale of certain businesses and non-core assets. In 2024, PPG recognized a $129 million gain on the divestiture of the silicas products business. In 2023, PPG recognized a $22 million loss on the divestitures of the European and Australian traffic solutions businesses.
(4)In the first quarter 2025, the Company received reimbursement under its insurance policies for damages incurred at a southern U.S. factory from a winter storm in 2021. In 2024 and 2023, the Company received reimbursement for previously approved insurance claims under policies covering legacy asbestos-related matters. In 2023, the Company received reimbursement under its insurance policies for damages incurred at a southern U.S. factory from a winter storm in 2020.
(5)In the fourth quarter 2025, the Company settled a legal matter related to a legacy business that it no longer operates and recognized a gain of $12 million.
(6)In 2024, PPG recognized accumulated foreign currency translation losses of $110 million related to the Company's exit of its Argentina operations in connection with a restructuring program.
v3.25.4
Stock-Based Compensation
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
The Company’s stock-based compensation includes stock options, restricted stock units (“RSUs”) and grants of contingent shares that are earned based on achieving targeted levels of total shareholder return. All current grants of stock options, RSUs and contingent shares are made under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan (“PPG Amended Omnibus Plan”), which was amended and restated effective April 21, 2016.
($ in millions)202520242023
Total stock-based compensation$46 $42 $56 
Income tax benefit recognized$10 $9 $11 
Stock Options
PPG has outstanding stock option awards that have been granted under the PPG Amended Omnibus Plan. Under the PPG Amended Omnibus Plan, certain employees of the Company have been granted options to purchase shares of common stock at prices equal to the fair market value of the shares on the date the options were granted. The options are generally exercisable 36 months after being granted and have a maximum term of 10 years. Upon exercise of a stock option, shares of Company stock are issued from treasury stock.
The fair value of stock options issued to employees is measured on the date of grant and is recognized as expense, net of estimated forfeitures, over the requisite service period. PPG estimates the fair value of stock options using the Black-Scholes option pricing model. The risk-free interest rate is determined by using the U.S. Treasury yield curve at the date of the grant and using a maturity equal to the expected life of the option. The expected term assumption is estimated based on the weighted average term of historical stock option grants. The expected dividend yield and volatility are based on historical stock prices and dividend amounts over past time periods equal in length to the expected life of the options. PPG applies an estimated forfeiture rate that is calculated based on historical activity.
The following weighted average assumptions were used to calculate the fair values of stock option grants in each year:
202520242023
Weighted average exercise price$114.39 $142.65 $130.17 
Risk-free interest rate4.2%4.3%3.9%
Expected life of option in years5.56.56.5
Expected dividend yield1.8%1.7%1.7%
Expected volatility29.4%28.4%27.8%
The weighted average fair value of options granted was $32.93 per share, $43.83 per share and $38.55 per share for the years ended December 31, 2025, 2024, and 2023, respectively.
Stock Options Outstanding and ExercisableNumber of SharesWeighted Average Exercise PriceWeighted Average Remaining Contractual Life (in years)Intrinsic Value (in millions)
Outstanding, January 1, 2025
3,489,056 $125.15 5.3
Granted542,263 $114.39   
Exercised(156,496)$105.27   
Forfeited/Expired(110,810)$121.73   
Outstanding, December 31, 2025
3,764,013 $124.56 5.3$1 
Vested or expected to vest, December 31, 2025
3,701,506 $124.64 5.2$1 
Exercisable, December 31, 2025
2,457,460 $123.04 3.7$1 
At December 31, 2025, unrecognized compensation cost related to outstanding stock options that have not yet vested totaled $9 million. This cost is expected to be recognized as expense over a weighted average period of 1.5 years.
The following table presents stock option activity for the years ended December 31, 2025, 2024 and 2023:
($ in millions)202520242023
Total intrinsic value of stock options exercised$2 $6 $24 
Cash received from stock option exercises$20 $24 $55 
Income tax benefit from the exercise of stock options$1 $1 $6 
Total fair value of stock options vested$16 $15 $10 
Restricted Stock Units (“RSUs”)
Long-term incentive value is delivered to selected key management employees by granting RSUs, which have either time or performance-based vesting features. The fair value of an RSU is equal to the market value of a share of PPG common stock on the date of grant. Time-based RSUs generally vest over the three-year period following the date of grant, unless forfeited, and will be paid out in the form of stock, cash or a combination of both at the Company’s discretion at the end of the vesting period. Performance-based RSUs vest based on achieving specific annual performance targets for earnings per share growth and cash flow return on capital over the three calendar year-end periods following the date of grant. Unless forfeited, the performance-based RSUs will be paid out in the form of stock at the end of the three-year performance period if PPG meets the performance targets.
The amount paid upon vesting of performance-based RSUs may range from 0% to 200% of the original grant, based upon the level of earnings per share growth achieved and frequency with which the annual cash flow return on capital performance target is met over the three calendar year periods comprising the vesting period. Performance against the earnings per share growth and the cash flow return on capital goal is calculated annually, and the annual payout for each goal will be weighted equally over the three-year period.
RSU ActivityNumber of SharesWeighted Average Grant Date Fair Value
Outstanding, January 1, 2025
644,256 $139.14 
Granted287,940 $113.11 
Vested(202,647)$116.22 
Forfeited(15,456)$124.98 
Outstanding, December 31, 2025
714,093 $126.62 
Vested or expected to vest, December 31, 2025
689,721 $139.81 
There was $17 million of total unrecognized compensation cost related to unvested RSUs outstanding as of December 31, 2025. This cost is expected to be recognized as expense over a weighted average period of 1.5 years.
Contingent Share Grants
The Company also provides grants of contingent shares to selected key executives that may be earned based on PPG’s total shareholder return (“TSR”) over the three-year period following the date of grant. Contingent share grants (referred to as “TSR awards”) are made annually and are paid out at the end of each three-year period based on the Company’s performance. Performance is measured by determining the percentile rank of the total shareholder return of PPG common stock in relation to the total shareholder return of the S&P 500 for the three-year period following the date of grant. This comparison group represents the entire S&P 500 Index as it existed at the beginning of the performance period, excluding any companies that have been removed from the index because they ceased to be publicly traded. The payout is based on performance achieved during the three-year period calculated in accordance with the scale set forth in the plan agreement and may range from 0% to 200% of the initial grant. A payout of 100% is earned if the target performance is achieved. Contingent share awards earn dividend equivalents for the award period, which will be paid to participants or credited to the participants’ deferred compensation plan accounts with the award payout at the end of the period based on the actual number of contingent shares earned. Any payments made at the end of the award period may be in the form of stock, cash or a combination of both. The TSR awards are classified as liability awards, and compensation expense is recognized over the three-year award period based on the fair value of the awards (giving consideration to the Company’s percentile rank of total shareholder return) remeasured in each reporting period until settlement of the awards.
During 2025, the Company granted TSR awards representing 76,925 contingent shares with a weighted average grant date fair value of $114.39. During 2024, the Company granted TSR awards representing 71,426 contingent shares with a weighted average grant date fair value of $137.94.
The performance period for the TSR shares granted in 2023 ended on December 31, 2025, and PPG’s total shareholder return was measured against that of the S&P 500 over the three‑year period, resulting in no payout. As of December 31, 2025, there were 148,351 contingent shares outstanding under TSR awards and total unrecognized compensation cost related to those awards is $0.
v3.25.4
Revenue Recognition
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The Company recognizes revenue when control of the promised goods or services is transferred to the customer and in amounts that the Company expects to collect. The timing of revenue recognition takes into consideration the various shipping terms applicable to the Company’s sales. For most transactions, control passes in accordance with agreed upon delivery terms.
The Company delivers products to company-owned stores, home centers and other regional or national consumer retail outlets, paint dealers, concessionaires and independent distributors, company-owned distribution networks, and directly to manufacturing companies and retail customers. Each product delivered to a third party customer is considered to satisfy a performance obligation. Performance obligations generally occur at a point in time and are satisfied when control of the goods passes to the customer. The Company is entitled to collection of the sales price under normal credit terms in the regions in which it operates. Accounts receivable are recognized when there is an unconditional right to consideration. Payment terms vary from customer to customer, depending on creditworthiness, prior payment history and other considerations.
The Company also provides services by applying coatings to customers' manufactured parts and assembled products and by providing technical support to certain customers. Performance obligations are satisfied over time as critical milestones are met and as services are provided. PPG is entitled to payment as the services are rendered. For the years ended December 31, 2025, 2024 and 2023, service revenue constituted less than 5% of total revenue.
Net sales by segment and region for the years ended December 31, 2025, 2024 and 2023 were as follows:
($ in millions)202520242023
Global Architectural Coatings
EMEA$2,320 $2,357 $2,408 
Asia Pacific204 232 237 
Latin America1,314 1,332 1,376 
Total$3,838 $3,921 $4,021 
Performance Coatings
United States and Canada$3,162 $2,981 $2,902 
EMEA1,318 1,262 1,220 
Asia Pacific927 883 866 
Latin America106 111 144 
Total$5,513 $5,237 $5,132 
Industrial Coatings
United States and Canada$2,210 $2,371 $2,583 
EMEA1,730 1,767 1,989 
Asia Pacific1,806 1,797 1,770 
Latin America778 752 747 
Total$6,524 $6,687 $7,089 
Total Net Sales(1)
United States and Canada(2)
$5,372 $5,352 $5,485 
EMEA5,368 5,386 5,617 
Asia Pacific(3)
2,937 2,912 2,873 
Latin America(4)
2,198 2,195 2,267 
Total PPG$15,875 $15,845 $16,242 
(1)Net sales to external customers are attributed to geographic regions based upon the location of the operating unit shipping the product.
(2)Net sales recognized in the United States represented 32% of the Company’s total Net sales for each of the years ended December 31, 2025, 2024 and 2023, respectively.
(3)Net sales recognized in China represented 10% of the Company’s total Net sales for each of the years ended December 31, 2025, 2024 and 2023, respectively.
(4)Net sales recognized in Mexico represented 11% of the Company’s total Net sales for each of the years ended December 31, 2025, 2024 and 2023, respectively.
Allowance for Doubtful Accounts
All trade receivables are reported on the consolidated balance sheet at the outstanding principal amount adjusted for any allowance for doubtful accounts and any charge-offs. PPG provides an allowance for doubtful accounts to reduce trade receivables to their estimated net realizable value equal to the amount that is expected to be collected. This allowance is estimated based on historical collection experience, current regional economic and market conditions, the aging of accounts receivable, assessments of current creditworthiness of customers and forward-looking information. The use of forward-looking information is based on certain macroeconomic and microeconomic indicators including, but not limited to, regional business environment risk, political risk, and commercial and financing risks.
PPG reviews its allowance for doubtful accounts on a quarterly basis to ensure the estimate reflects regional risk trends as well as current and future global operating conditions.
The following table summarizes allowance for doubtful accounts activity for the years ended December 31, 2025, 2024 and 2023:
Trade Receivables Allowance for Doubtful Accounts
($ in millions)202520242023
January 1$23 $23 $29 
Bad debt expense15 17 15 
Write-offs and recoveries of previously reserved trade receivables(18)(15)(19)
Other(2)(2)
December 31$22 $23 $23 
v3.25.4
Reportable Business Segment Information
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Reportable Business Segment Information Reportable Business Segment Information
PPG is a multinational manufacturer with 10 operating segments (which the Company refers to as “strategic business units”) that are organized based on the Company’s major products lines. The operating segments are aggregated into reportable business segments based on their similar economic characteristics, including similar nature of products, production processes, end-use markets and methods of distribution.
The Global Architectural Coatings reportable business segment is comprised of the architectural coatings EMEA and architectural coatings Latin America and Asia Pacific operating segments. This reportable business segment primarily supplies paints, wood stains, adhesives, sealants and purchased sundries.
The Performance Coatings reportable business segment is comprised of the automotive refinish coatings, aerospace coatings, protective and marine coatings and traffic solutions operating segments. This reportable business segment primarily supplies a variety of coatings, solvents, adhesives, sealants and finishes, along with pavement marking products, transparencies and paint films.
The Industrial Coatings reportable business segment is comprised of the automotive OEM coatings, industrial coatings, packaging coatings, and the specialty products operating segments. This reportable business segment primarily supplies a variety of protective and decorative coatings and finishes along with adhesives, sealants, metal pretreatment products, optical monomers and coatings, low-friction coatings, paint films and other specialty products.
Production facilities and sales for PPG’s reportable business segments are global and each segment continues to pursue opportunities to further develop their global reach. Each of the reportable business segments in which PPG is engaged is highly competitive. The diversification of product lines and the worldwide sales tend to minimize the impact on PPG’s business of changes in demand in a particular industry or in a particular geographic area.
PPG’s chief operating decision maker is its Executive Committee, which is comprised of the Chief Executive Officer, the Chief Financial Officer and General Counsel. The Executive Committee regularly reviews the discrete financial information of the 10 operating segments to assess performance and make decisions about the allocation of resources by comparing actual results versus forecasted and historical financial information and discussing observations with the leadership team responsible for managing the operations of each operating segment. The primary measure of profit or loss considered by the Executive Committee when evaluating operating segment performance is segment income, which is income before interest expense, interest income, income taxes and noncontrolling interests and excludes certain charges which are considered to be unusual or non-recurring. The Company also evaluates performance of operating segments based on working capital management and selling price and sales volume performance.
The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies (see Note 1, “Summary of Significant Accounting Policies”). Corporate unallocated costs include the costs of corporate staff functions not directly associated with the operating segments, certain legal matters, net of related insurance recoveries, the cost of certain insurance and stock-based compensation programs and certain other unusual or non-recurring items. The service cost component of net periodic benefit cost related to current employees of each reportable business segment is allocated to that reportable business segment and the remaining portion of net periodic pension expense is included in Corporate unallocated costs.
Product movement between PPG’s reportable business segments is limited, is accounted for as an inventory transfer, and is recorded at cost plus a mark-up, the impact of which is not significant to the net sales or segment income of the reportable business segments.
($ in millions)202520242023
Global Architectural Coatings
Net sales to external customers$3,838 $3,921 $4,021 
Cost of sales, exclusive of depreciation and amortization1,891 1,904 2,022 
Selling, general and administrative1,175 1,186 1,170 
Depreciation and amortization109 104 101 
Other(1)
64 49 55 
Global Architectural Coatings segment income$599 $678$673
Performance Coatings
Net sales to external customers$5,513 $5,237 $5,132 
Cost of sales, exclusive of depreciation and amortization3,055 2,851 2,893 
Selling, general and administrative1,069 1,017 966 
Depreciation and amortization134 132 139 
Other(1)
107 95 115 
Performance Coatings segment income$1,148 $1,142$1,019
Industrial Coatings
Net sales to external customers$6,524 $6,687 $7,089 
Cost of sales, exclusive of depreciation and amortization4,369 4,498 4,759 
Selling, general and administrative822 838 870 
Depreciation and amortization192 206 213 
Other(1)
266 252 279 
Industrial Coatings segment income$875 $893$968
Total Net Sales$15,875 $15,845 $16,242 
Total Segment income$2,622 $2,713 $2,660 
Corporate / Non-Segment Items
Corporate / non-segment unallocated, exclusive of depreciation and amortization(308)(291)(330)
Corporate / non-segment depreciation and amortization(63)(50)(61)
Interest expense, net of interest income(88)(64)(107)
Business restructuring-related costs, net(2)
(54)(377)(41)
Portfolio optimization(3)
(1)(59)(53)
Legacy environmental remediation charges, net(4)
(16)(24)(24)
Insurance recoveries(5)
16 
Impairment and other related charges, net(6)
(24)— (160)
Income from legal settlement(7)
12 — — 
Resolution of tax matter(8)
(41)— — 
Argentina currency devaluation losses(9)
— — (20)
Pension settlement charge(10)
— — (190)
Total Income from continuing operations before income taxes$2,045 $1,852 $1,690 
($ in millions)202520242023
Segment assets(11)
Global Architectural Coatings$6,676 $5,887 $6,595 
Performance Coatings5,535 5,601 5,586 
Industrial Coatings6,183 5,230 5,643 
Corporate / Non-Segment Items3,704 2,715 3,823 
Total$22,098 $19,433 $21,647 
Expenditures for property (including business acquisitions)
Global Architectural Coatings$126 $160 $93 
Performance Coatings249 166 217 
Industrial Coatings245 247 184 
Corporate / Non-Segment Items159 179 131 
Total$779 $752 $625 
Investment in equity affiliates
Global Architectural Coatings$24 $20 $25 
Performance Coatings29 26 23 
Industrial Coatings22 20 18 
Corporate / Non-Segment Items76 75 75 
Total $151 $141 $141 
Share of net earnings of equity affiliates
Global Architectural Coatings$1 $3 $1 
Performance Coatings
Industrial Coatings
Corporate / Non-Segment Items11 10 13 
Total$19 $20 $21 
($ in millions)202520242023
Geographic Information
Segment income   
United States and Canada$1,101 $1,039 $1,033 
EMEA581 617 679 
Asia Pacific418 476 430 
Latin America522 581 518 
Total$2,622 $2,713 $2,660 
Property, plant and equipment — net   
United States and Canada$1,811 $1,502 $1,365 
EMEA1,136 945 1,010 
Asia Pacific698 693 718 
Latin America360 324 357 
Total$4,005 $3,464 $3,450 
(1)Other segment items for each reportable business segment includes research and development, net and other segment (income)/expense, net.
(2)Business restructuring-related costs, net include business restructuring charges, offset by releases related to previously approved programs, which are included in Business restructuring, net on the consolidated statement of income, accelerated depreciation of certain assets, which is included in Depreciation on the consolidated statement of income, and other restructuring-related costs, which are included in Cost of sales, exclusive of depreciation and amortization and Selling, general and administrative on the consolidated statement of income. Business restructuring-related costs, net also includes the fourth quarter 2024 recognition of accumulated foreign currency translation losses of $110 million related to the company's exit of its Argentina operations in connection with a restructuring program, which are included in Other (income)/charges, net in the consolidated statement of income. No tax benefit was recorded on the fourth quarter 2024 recognition of the accumulated foreign currency translation losses.
(3)Portfolio optimization includes gains and losses related to the sale of certain assets, which are included in Other (income)/charges, net on the consolidated statement of income, including the gain of $129 million on the sale of the company's silicas products business in the fourth quarter 2024, and the losses on the sales of the company's traffic solutions business in Argentina in the second quarter 2024. Portfolio optimization includes advisory, legal, accounting, valuation, other professional or consulting fees and certain internal costs directly incurred to effect acquisitions, as well as similar fees and other costs to effect divestitures and other portfolio optimization exit actions. These costs are included in Selling, general and administrative expense on the consolidated statement of income. Portfolio optimization also includes an impairment charge of $146 million recognized during the fourth quarter 2024 when the company's remaining operations in Russia were classified as held for sale, which is included in Impairment and other related charges, net on the consolidated statement of income. No tax benefit was recorded on the fourth quarter 2024 impairment charge.
(4)Legacy environmental remediation charges represent environmental remediation costs at certain non-operating PPG manufacturing sites. These charges are included in Other (income)/charges, net in the consolidated statement of income.
(5)In the first quarter 2025, the Company received reimbursement under its insurance policies for damages incurred at a southern U.S. factory from a winter storm in 2021. In the fourth quarter 2024, the company received reimbursement for previously approved insurance claims under policies
covering legacy asbestos-related matters. In the first quarter 2023, the company received reimbursement under its insurance policies for damages incurred at a southern U.S. factory from a winter storm in 2020. In the fourth quarter 2023, the company received reimbursement for a previously approved insurance claim under a policy covering legacy asbestos-related matters. These insurance recoveries are included in Other charges/(income), net on the consolidated statement of income.
(6)In the third quarter 2025, the Company recorded net impairment and other related charges related to a consolidated joint venture in the Performance Coatings segment, which are included in Other charges/(income), net on the consolidated statement of income. In the fourth quarter 2023, the Company recorded impairment and other related charges due to a non-cash goodwill impairment recognized for the Traffic Solutions reporting unit as a result of its annual goodwill impairment test. The fair value of the Traffic Solutions reporting unit decreased primarily due to increases in the cost of capital (discount rate assumption) and declines in the reporting unit’s long-term forecast driven by challenges at its operations in Argentina due to the highly inflationary environment and changes to the reporting unit’s global footprint, including the fourth quarter 2023 divestiture of its European and Australian businesses.
(7)In the fourth quarter 2025, the Company settled a legal matter related to a legacy business that it no longer operates. The related gain is included in Other charges/(income), net on the consolidated statement of income.
(8)In the fourth quarter 2025, the Company recorded a net charge related to the anticipated resolution of an outstanding tax matter. The Company expects to pay incremental income taxes and non-income taxes in the impacted taxing jurisdiction related to the matter. The portion of the charge related to non-income taxes is included in Other charges/(income), net on the consolidated statement of income. In connection with this matter, the Company reduced its provision for uncertain tax positions, the impact of which is included in income tax expense on the consolidated statement of income.
(9)In December 2023, the central bank of Argentina adjusted the official foreign currency exchange rate for the Argentine peso, significantly devaluing the currency relative to the United States dollar. Argentina currency devaluation losses represent foreign currency translation losses recognized during December 2023 related to the devaluation of the Argentine peso, which is included in Other charges/(income), net on the consolidated statement of income.
(10)In the first quarter 2023, PPG purchased group annuity contracts that transferred pension benefit obligations for certain of the Company’s retirees in the U.S. to third-party insurance companies, resulting in a non-cash pension settlement charge.
(11)Segment assets are the total assets used in the operation of each segment. Corporate assets principally include amounts recorded in Cash and cash equivalents, Deferred income taxes, and Property, plant and equipment, net on the consolidated balance sheet.
v3.25.4
Supplier Finance Programs
12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Supplier Finance Programs Supplier Finance Programs
PPG has certain voluntary supply chain finance programs with financial intermediaries which provide participating suppliers the option to be paid by the intermediary earlier than the original invoice due date. PPG’s responsibility is limited to making payments on the terms originally negotiated with the suppliers, regardless of whether the intermediary pays the supplier in advance of the original due date. The range of payment terms PPG negotiates with suppliers are consistent, regardless of whether a supplier participates in a supply chain finance program. These amounts are included within Accounts payable and accrued liabilities on the accompanying consolidated balance sheet.
The rollforward of outstanding obligations confirmed as valid under the supplier finance programs for the years ended December 31, 2025 and 2024 is as follows:
($ in millions)20252024
January 1$251 $286 
Invoices confirmed 569 598 
Confirmed invoices paid (600)(673)
Currency impact 25 40 
December 31 $245 $251 
v3.25.4
Insider Trading Arrangements
3 Months Ended
Dec. 31, 2025
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.25.4
Insider Trading Policies and Procedures
12 Months Ended
Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true
v3.25.4
Cybersecurity Risk Management and Strategy Disclosure
12 Months Ended
Dec. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]
PPG’s cybersecurity program is designed to protect and preserve the confidentiality, integrity and availability of our networks and systems as well as information that we own or is in our care through a risk-based approach. The Company’s program is based on the U.S. National Institute for Standards and Technology (NIST) cybersecurity framework and other applicable industry frameworks.
Our cybersecurity program includes:
ongoing employee cybersecurity awareness and training activities, which include frequent phishing testing;
access management and access controls intended to implement Principle of Least Privilege (PoLP) access;
protection of certain data through encryption at rest and in transit;
monitoring and protection software;
a vulnerability management program that includes managing the risk of third-party software;
a cyber incident response plan that provides controls and procedures to support appropriate containment, response, investigation, reporting and recovery of cybersecurity incidents;
periodic testing of our cybersecurity posture, including by independent third-party consultants; and
integrating cybersecurity requirements and other provisions into various contracts.
PPG has continued to invest in cybersecurity to evolve and improve its program. PPG regularly assesses and measures itself against industry practices to identify opportunities to improve its people, processes and technology used to identify, prevent, detect, respond and recover from cybersecurity incidents. When such improvements are identified and validated as appropriate in PPG’s business context, they are incorporated in the roadmap for implementation.
Cybersecurity Risk Management Processes Integrated [Flag] true
Cybersecurity Risk Management Processes Integrated [Text Block]
Our cybersecurity program includes:
ongoing employee cybersecurity awareness and training activities, which include frequent phishing testing;
access management and access controls intended to implement Principle of Least Privilege (PoLP) access;
protection of certain data through encryption at rest and in transit;
monitoring and protection software;
a vulnerability management program that includes managing the risk of third-party software;
a cyber incident response plan that provides controls and procedures to support appropriate containment, response, investigation, reporting and recovery of cybersecurity incidents;
periodic testing of our cybersecurity posture, including by independent third-party consultants; and
integrating cybersecurity requirements and other provisions into various contracts.
Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block] The PPG Board of Directors (the “Board”) has overall responsibility for the oversight of risk management at PPG, which includes cybersecurity risks.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] The Audit Committee of the Board (the “Audit Committee”), is responsible for oversight of the Company’s enterprise risk management (“ERM”) program which provides oversight and governance of all of the Company’s operational and financial risks, including risks from cybersecurity threats to the Company.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] The Audit Committee receives bi-annual reports and periodic briefings on cybersecurity matters, including key risks to the Company, recent developments, and risk mitigation activities from our Vice President and Chief Information Officer (“CIO”) and our Chief Information Security Officer (“CISO"), who are both responsible for overseeing our cybersecurity program. In addition, the full Board receives bi-annual briefings from our CIO on our cybersecurity program. The Board and the Audit Committee also periodically review the results of exercises performed by our advisors as part of an independent assessment of PPG’s cybersecurity program and internal preparedness.
Cybersecurity Risk Role of Management [Text Block] The Audit Committee receives bi-annual reports and periodic briefings on cybersecurity matters, including key risks to the Company, recent developments, and risk mitigation activities from our Vice President and Chief Information Officer (“CIO”) and our Chief Information Security Officer (“CISO"), who are both responsible for overseeing our cybersecurity program. In addition, the full Board receives bi-annual briefings from our CIO on our cybersecurity program. The Board and the Audit Committee also periodically review the results of exercises performed by our advisors as part of an independent assessment of PPG’s cybersecurity program and internal preparedness.
In addition, the Enterprise Risk Committee, a committee of senior executives who identify and monitor the risks to PPG and are responsible for our ERM program, receives updated information on cybersecurity risks at each of its meetings.
As part of their oversight of our cybersecurity program, our CIO and our CISO oversee a team of cybersecurity professionals and are responsible for assessing and managing our material risks from cybersecurity threats. Our CIO and CISO are trained information technology professionals, each of whom has earned degrees in information systems and business administration and has many years of experience in or managing global enterprise information technology at various organizations.
PPG maintains an internal communication hierarchy that is designed to communicate the occurrence of certain cybersecurity events and/or incidents into our systems to our CISO, our CIO, our company crisis response team, and, as appropriate, to certain members of senior management. This communication hierarchy includes protocols for informing the Audit Committee and the full Board of certain cybersecurity events or incidents and for determining the materiality thereof.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block] The Audit Committee receives bi-annual reports and periodic briefings on cybersecurity matters, including key risks to the Company, recent developments, and risk mitigation activities from our Vice President and Chief Information Officer (“CIO”) and our Chief Information Security Officer (“CISO"), who are both responsible for overseeing our cybersecurity program.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] Our CIO and CISO are trained information technology professionals, each of whom has earned degrees in information systems and business administration and has many years of experience in or managing global enterprise information technology at various organizations.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] PPG maintains an internal communication hierarchy that is designed to communicate the occurrence of certain cybersecurity events and/or incidents into our systems to our CISO, our CIO, our company crisis response team, and, as appropriate, to certain members of senior management. This communication hierarchy includes protocols for informing the Audit Committee and the full Board of certain cybersecurity events or incidents and for determining the materiality thereof.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.25.4
Summary of Significant Accounting Policies (Policies)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Principles of Consolidation
Principles of Consolidation
The accompanying consolidated financial statements include the accounts of PPG Industries, Inc. (“PPG” or the “Company”) and all subsidiaries, both U.S. and non-U.S., that it controls. PPG owns more than 50% of the voting stock of most of the subsidiaries that it controls. For those consolidated subsidiaries in which the Company’s ownership is less than 100%, the outside shareholders’ interests are shown as noncontrolling interests. Investments in companies in which PPG owns 20% to 50% of the voting stock and has the ability to exercise significant influence over operating and financial policies of the investee are accounted for using the equity method of accounting. As a result, PPG’s share of income or losses from such equity affiliates is included in the consolidated statement of income and PPG’s share of these companies’ shareholders’ equity is included in Investments on the consolidated balance sheet. Transactions between PPG and its subsidiaries are eliminated in consolidation.
Use of Estimates in the Preparation of Financial Statements
Use of Estimates in the Preparation of Financial Statements
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of income and expenses during the reporting period. Such estimates also include the fair value of assets acquired and liabilities assumed resulting from the allocation of the purchase price related to business combinations consummated. Actual outcomes could differ from those estimates.
Revenue Recognition
Revenue Recognition
Revenue is recognized as performance obligations with the customer are satisfied, at an amount that is determined to be collectible. For the sale of products, this generally occurs at the point in time when control of the Company’s products transfers to the customer based on the agreed upon shipping terms.
Shipping and Handling Costs
Amounts billed to customers for shipping and handling are reported in Net sales in the consolidated statement of income. Shipping and handling costs incurred by the Company for the delivery of goods to customers are included in Cost of sales, exclusive of depreciation and amortization in the consolidated statement of income.
Revenue Recognition
The Company recognizes revenue when control of the promised goods or services is transferred to the customer and in amounts that the Company expects to collect. The timing of revenue recognition takes into consideration the various shipping terms applicable to the Company’s sales. For most transactions, control passes in accordance with agreed upon delivery terms.
The Company delivers products to company-owned stores, home centers and other regional or national consumer retail outlets, paint dealers, concessionaires and independent distributors, company-owned distribution networks, and directly to manufacturing companies and retail customers. Each product delivered to a third party customer is considered to satisfy a performance obligation. Performance obligations generally occur at a point in time and are satisfied when control of the goods passes to the customer. The Company is entitled to collection of the sales price under normal credit terms in the regions in which it operates. Accounts receivable are recognized when there is an unconditional right to consideration. Payment terms vary from customer to customer, depending on creditworthiness, prior payment history and other considerations.
The Company also provides services by applying coatings to customers' manufactured parts and assembled products and by providing technical support to certain customers. Performance obligations are satisfied over time as critical milestones are met and as services are provided. PPG is entitled to payment as the services are rendered. For the years ended December 31, 2025, 2024 and 2023, service revenue constituted less than 5% of total revenue.
Selling, General and Administrative Costs
Selling, General and Administrative Costs
Amounts presented in Selling, general and administrative in the consolidated statement of income are comprised of selling, customer service, distribution and advertising costs, as well as the costs of providing corporate-wide functional support in areas such as finance, law, human resources and planning. Distribution costs pertain to the movement and storage of finished goods inventory at company-owned and leased warehouses and other distribution facilities.
Advertising Costs
Advertising Costs
Advertising costs are charged to expense as incurred and totaled $199 million, $203 million and $193 million in 2025, 2024 and 2023, respectively.
Research and Development
Research and Development
Research and development costs, which consist primarily of employee-related costs, are charged to expense as incurred.
Legal Costs
Legal Costs
Legal costs, which primarily include costs associated with acquisition and divestiture transactions, general litigation, environmental regulation compliance, patent and trademark protection and other general corporate purposes, are charged to expense as incurred.
Income Taxes
Income Taxes
Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to operating losses and tax credit carryforwards as well as differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in Income tax expense in the consolidated statement of income in the period that includes the enactment date.
A valuation allowance is provided against deferred tax assets in situations where PPG determines it is more likely than not such assets will not ultimately be realized.
PPG does not recognize a tax benefit unless it concludes that it is more likely than not that the benefit will be sustained on audit by the taxing authority based solely on the technical merits of the associated tax position. If the recognition threshold is met, PPG recognizes a tax benefit measured at the largest amount of the tax benefit that, in PPG’s judgment, is greater than 50 percent likely to be realized. PPG records interest and penalties related to uncertain tax positions in Income tax expense in the consolidated statement of income.
Foreign Currency Translation
Foreign Currency Translation
The functional currency of most significant non-U.S. operations is their local currency. Assets and liabilities of those operations are translated into U.S. dollars using year-end exchange rates. Income and expenses are translated using the average exchange rates for the reporting period. Unrealized foreign currency translation gains and losses are deferred in Accumulated other comprehensive loss on the consolidated balance sheet.
Cash Equivalents
Cash Equivalents
Cash equivalents are highly liquid investments (valued at cost, which approximates fair value) acquired with an original maturity of three months or less.
Short-term Investments
Short-term Investments
Short-term investments are highly liquid, high credit quality investments (valued at cost plus accrued interest) that have stated maturities of greater than three months to less than one year. The purchases and sales of these investments are classified as Investing activities in the consolidated statement of cash flows.
Marketable Equity Securities
Marketable Equity Securities
The Company’s investment in marketable equity securities is recorded at fair market value and reported as Other current assets and Investments on the consolidated balance sheet with changes in fair market value recorded in income.
Inventories
Inventories
Inventories are stated at the lower of cost or net realizable value. Most U.S. inventories are stated at cost, using the last-in, first-out (“LIFO”) method of accounting, which does not exceed net realizable value. All other inventories are stated at cost, using the first-in, first-out (“FIFO”) method of accounting, which does not exceed net realizable value. PPG determines cost using either average or standard factory costs, which approximate actual costs, excluding certain fixed costs such as depreciation and property taxes. Refer to Note 3, “Working Capital Detail” for further information related to the Company’s inventories.
Derivative Financial Instruments
Derivative Financial Instruments
The Company recognizes all derivative financial instruments (a “derivative”) as either assets or liabilities at fair value on the consolidated balance sheet. The accounting for changes in the fair value of a derivative depends on the use of the instrument.
For derivative instruments that are designated and qualify as cash flow hedges, the unrealized gains or losses on the derivatives are recorded in the consolidated statement of comprehensive income. Amounts in Accumulated other comprehensive loss on the consolidated balance sheet are reclassified into Income before income taxes in the consolidated statement of income in the same period or periods during which the hedged transactions are recorded in Income before income taxes in the consolidated statement of income.
For derivative instruments that are designated and qualify as fair value hedges, the change in the fair value of the derivatives are reported in Income before income taxes in the consolidated statement of income, offsetting the gain or loss recognized for the change in fair value of the asset, liability, or firm commitment that is being hedged.
For derivatives, debt or other financial instruments that are designated and qualify as net investment hedges, the gains or losses associated with the financial instruments are reported as translation gains or losses in Accumulated other comprehensive loss on the consolidated balance sheet. Gains and losses in Accumulated other comprehensive loss related to hedges of the Company’s net investments in foreign operations are reclassified out of Accumulated other comprehensive loss and recognized in Income before income taxes in the consolidated statement of income upon a substantial liquidation, sale or partial sale of such investments or upon impairment of all or a portion of such investments. The cash flow impact of these instruments is classified as Investing activities in the consolidated statement of cash flows.
Changes in the fair value of derivative instruments not designated as hedges for hedge accounting purposes are recognized in Income before income taxes in the consolidated statement of income in the period of change.
Property, Plant and Equipment
Property, Plant and Equipment
Property, plant and equipment is recorded at cost. Depreciation is computed on a straight-line method based on the estimated useful lives of related assets. Accelerated depreciation expense is recorded when facilities or equipment are subject to abnormal economic conditions, restructuring actions or obsolescence.
The cost of significant improvements that add to productive capacity or extend the lives of properties are capitalized. Costs for repairs and maintenance are charged to expense as incurred. When a capitalized asset is retired or otherwise disposed of, the original cost and related accumulated depreciation balance are removed from the accounts and any related gain or loss is recorded in Income before income taxes in the consolidated statement of income. The amortization cost of finance lease assets is recorded in Depreciation expense in the consolidated statement of income. Property and other long-lived assets are reviewed for impairment whenever events or circumstances indicate that their carrying amounts may not be recoverable. Refer to Note 4, “Property, Plant and Equipment” for further details.
Goodwill and Identifiable Intangible Assets
Goodwill and Identifiable Intangible Assets
Goodwill represents the excess of the cost over the fair value of acquired identifiable tangible and intangible assets less liabilities assumed from acquired businesses. Identifiable intangible assets acquired in business combinations are recorded based upon their fair value at the date of acquisition.
PPG is a multinational manufacturer with 10 operating segments (which the Company refers to as “strategic business units”) that are organized based on the Company’s major product lines. These operating segments are also the Company’s reporting units for purposes of testing goodwill for impairment, which is tested at least annually in connection with PPG’s strategic planning process or more frequently if an indication of impairment exists. The Company tests goodwill for impairment by either performing a qualitative evaluation or a quantitative test. The qualitative evaluation is an assessment of factors, including reporting unit specific operating results as well as industry, market and general economic conditions, to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. The Company may elect to bypass this qualitative assessment for some or all of its reporting units and perform a quantitative test. Quantitative goodwill impairment testing, if deemed necessary, is performed during the fourth quarter of each year by comparing the estimated fair value of an associated reporting unit to its carrying value. Fair value is estimated using a discounted cash flow model. Key assumptions and estimates used in the discounted cash flow model include projected future revenues, discount rates, operating cash flows, capital expenditures and tax rates.
The annual indefinite-lived intangible asset impairment assessment takes place in the fourth quarter of each year either by completing a qualitative assessment or quantitatively by comparing the estimated fair value of each trademark to its carrying value. Fair value is estimated using the relief from royalty method (a discounted cash flow methodology). The qualitative assessment includes consideration of factors, including revenue relative to the asset being assessed, the operating results of the related business and industry, market and general economic conditions, to determine whether it is more likely than not that the fair value of the asset is less than its carrying amount.
Identifiable intangible assets with finite lives are amortized on a straight-line basis over their estimated useful lives (1 to 30 years) and are reviewed for impairment whenever events or circumstances indicate that their carrying amount may not be recoverable.
Receivables and Allowances
Receivables and Allowances
All trade receivables are reported on the consolidated balance sheet at the outstanding principal adjusted for any allowance for doubtful accounts and any charge offs. The Company provides an allowance for doubtful accounts to reduce receivables to their estimated net realizable value when it is probable that a loss will be incurred. Those estimates are based on historical collection experience, current regional economic and market conditions, the aging of accounts receivable, assessments of current creditworthiness of customers, and forward-looking information. Refer to Note 20, “Revenue Recognition” for further details.
Leases
Leases
The Company determines if a contract is a lease at the inception of the arrangement. The Company reviews all options to extend, terminate, or purchase its right of use assets at the inception of the lease and accounts for these options when they are reasonably certain of being exercised. Certain real estate leases contain lease and non-lease components, which are accounted for separately. For certain equipment leases, lease and non-lease components are accounted for as a single lease component.
Leases with an initial term of 12 months or less are not recorded on the consolidated balance sheet. Lease expense for these leases is recognized on a straight-line basis over the lease term.
Variable lease expense is based on contractual arrangements with PPG’s lessors determined based on external indices or other relevant market factors. In addition, PPG’s variable lease expense also includes elements of a contract that do not represent a good or service but for which the lessee is responsible for paying.
Nearly all of PPG’s lease contracts do not provide a readily determinable implicit rate. For these contracts, PPG’s estimated incremental borrowing rate is based on information available at the inception of the lease.
Product Warranties
Product Warranties
The Company accrues for product warranties at the time the associated products are sold based on historical claims experience. The reserve, pretax charges against income and cash outlays for product warranties were not significant to the consolidated financial statements of the Company for any year presented.
Asset Retirement Obligations
Asset Retirement Obligations
An asset retirement obligation represents a legal obligation associated with the retirement of a tangible long-lived asset that is incurred upon the acquisition, construction, development or normal operation of that long-lived asset. PPG recognizes asset retirement obligations in the period in which they are incurred if a reasonable estimate of fair value can be made. The asset retirement obligation is subsequently adjusted for changes in fair value. The associated estimated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset and depreciated over its useful life. PPG’s asset retirement obligations are primarily associated with the retirement or closure of certain assets used in PPG’s manufacturing process. The accrued asset retirement obligation is recorded in Accounts payable and accrued liabilities and Other liabilities on the consolidated balance sheet and was $12 million and $11 million as of December 31, 2025 and December 31, 2024, respectively.
PPG’s only conditional asset retirement obligation relates to the possible future abatement of asbestos contained in certain PPG production facilities. The asbestos in PPG’s production facilities arises from the application of normal and customary building practices in the past when the facilities were constructed. This asbestos is encapsulated in place and, as a result, there is no current legal requirement to abate it. Because there is no requirement to abate, the Company does not have any current plans or an intention to abate and therefore the timing, method and cost of future abatement, if any, are not known. The Company has not recorded an asset retirement obligation associated with asbestos abatement, given the uncertainty concerning the timing of future abatement, if any.
Environmental Contingencies
Environmental Contingencies
It is PPG’s policy to accrue expenses for environmental contingencies when it is probable that a liability has been incurred and the amount of loss can be reasonably estimated. Reserves for environmental contingencies are exclusive of claims against third parties and are generally not discounted.
Assets and Liabilities Held for Sale
Assets and Liabilities Held for Sale
The Company classifies assets and liabilities as held for sale (a “disposal group”) when management commits to a plan to sell the disposal group, the sale is probable within one year and the disposal group is available for immediate sale in its present condition. The Company considers various factors, particularly whether actions required to complete the plan indicate it is unlikely that significant changes to the plan will be made or the plan will be withdrawn. Assets held for sale are measured at the lower of carrying value or fair value less costs to sell. Any loss resulting from the measurement is recognized in the period the held-for-sale criteria are met. Conversely, gains are not recognized until the date of the sale. When the disposal group is classified as held for sale, depreciation and amortization ceases and the Company tests the assets for impairment.
Reclassifications
Reclassifications
Certain reclassifications of prior years’ data have been made to conform to the current year presentation. These reclassifications had no impact on our previously reported Net income, cash flows or shareholders’ equity.
New Accounting Standards
Accounting Standards Adopted in 2025
Effective for the annual period ended December 31, 2025, PPG adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) No. 2023-09 “Improvements to Income Tax Disclosures (Topic 740)”. This ASU updated current income tax disclosure requirements to require disclosures of specific categories of information within the effective tax rate reconciliation, as well as disclosure of income taxes paid disaggregated by jurisdiction. PPG elected to apply ASU 2023-09 prospectively. Adoption of this ASU resulted in additional disclosure, but did not impact PPG’s consolidated financial position, results of operations or cash flows.
Accounting Standards to be Adopted in Future Years
In November 2024, the FASB issued ASU 2024-03, “Income Statement – Reporting Comprehensive Income-Expense Disaggregation (Subtopic 220-40): Disaggregation of Income Statement Expenses”. The ASU requires the disclosure of additional information related to certain costs and expenses, including amounts of inventory purchases, employee compensation, and depreciation and amortization included in each income statement line item. The ASU also requires disclosure of the total amount of selling expenses and our definition of selling expenses. This ASU will be effective for the
annual period ending December 31, 2027. Adoption of this ASU will result in additional disclosure, but will not impact PPG’s consolidated financial position, results of operations or cash flows.
In September 2025, the FASB issued ASU 2025-06, “Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software”. The ASU is intended to modernize the recognition and disclosure framework for internal-use software costs, removing the previous “development stage” model to align the accounting rules with how software is developed today. This ASU will be effective for PPG beginning January 1, 2028. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.
v3.25.4
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Research and Development
($ in millions)202520242023
Research and development – total$446 $447 $446 
Less: depreciation on research facilities23 24 22 
Research and development, net$423 $423 $424 
v3.25.4
Divestitures (Tables)
12 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The operating results of discontinued operations related to the U.S. and Canada architectural coatings business for the three years ended December 31, 2025, 2024, and 2023 were as follows:
($ in millions)202520242023
Net sales$— $1,878 $2,004 
Cost of sales, exclusive of depreciation and amortization— 976 1,067 
Selling, general, and administrative— 787 821 
Depreciation— 28 31 
Amortization— 13 
Research and development, net— 
Other charges, net
Loss on sale of discontinued operations— 285 — 
(Loss)/income before income taxes($8)($214)$58 
Income tax (benefit)/expense(13)14 11 
Income/(loss) from discontinued operations, net of tax$5 ($228)$47 
The following table presents the significant non-cash items and capital expenditures for the discontinued operations related to the U.S. and Canada architectural coatings business that are included in the Consolidated Statement of Cash Flows for the three years ended December 31, 2025, 2024, and 2023:
($ in millions)202520242023
Depreciation and amortization$— $34 $44 
Capital expenditures$— $10 $33 
v3.25.4
Working Capital Detail (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure Components Of Working Capital Detail [Abstract]  
Components of Working Capital Detail Working Capital Detail
($ in millions)20252024
Receivables  
 Trade - net$2,783 $2,477 
 Other - net553 508 
 Total$3,336 $2,985 
Inventories(1)
 Finished products$1,067 $949 
 Work in process251 235 
 Raw materials624 613 
 Supplies54 49 
 Total$1,996 $1,846 
Accounts payable and accrued liabilities
 Trade $2,212 $2,161 
 Accrued payroll549 490 
 Customer rebates433 364 
 Other postretirement and pension benefits75 76 
 Income taxes118 130 
 Other570 510 
 Total$3,957 $3,731 
(1)Most U.S. inventories are valued using the LIFO method. If the FIFO method of inventory valuation had been used, inventories would have been $181 million and $169 million higher as of December 31, 2025 and 2024, respectively.
v3.25.4
Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
($ in millions)Useful Lives (years)20252024
Land and land improvements1-30$593 $525 
Buildings20-401,939 1,769 
Machinery and equipment5-253,977 3,545 
Other3-201,464 1,107 
Construction in progress 756 735 
Total$8,729 $7,681 
Less: accumulated depreciation4,724 4,217 
Net
 $4,005 $3,464 
v3.25.4
Investments (Tables)
12 Months Ended
Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Investments
($ in millions)20252024
Investments in equity affiliates$151 $141 
Marketable equity securities (See Note 11)
79 85 
Other102 105 
Total$332 $331 
v3.25.4
Goodwill and Other Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Amount of Goodwill Attributable to Each Reportable Segment
Goodwill
($ in millions)Global Architectural CoatingsPerformance CoatingsIndustrial CoatingsTotal
January 1, 2024
$2,996 $1,913 $1,206 $6,115 
Acquisitions, including purchase accounting adjustments— — 
Divestitures— — (2)(2)
Foreign currency impact and other(308)(61)(56)(425)
December 31, 2024$2,688 $1,854 $1,148 $5,690 
Foreign currency impact and other320 60 79 459 
December 31, 2025$3,008 $1,914 $1,227 $6,149 
In the fourth quarter, the Company tests the carrying value of goodwill for impairment, as discussed in Note 1. “Summary of Significant Accounting Policies.” In both 2025 and 2024, the annual impairment testing of goodwill did not result in impairment of any of the Company’s reporting units. In conjunction with the 2023 assessment, the Company determined that the estimated fair value of the traffic solutions reporting unit was less than its carrying value, resulting in recognition of a goodwill impairment charge of $158 million in Impairment and other related charges, net in the accompanying consolidated statements of income. The fair value of the traffic solutions reporting unit was estimated using a discounted cash flow model. Key assumptions and estimates used in the discounted cash flow model included projected future revenues, a discount rate, operating cash flows, capital expenditures, and a tax rate. The decline in the fair value of the traffic solutions reporting unit compared to prior periods was primarily due to an increase in the weighted average cost of capital (discount rate assumption) reflecting the current interest rate environment. In addition, the fair value was impacted by a decline in the reporting unit’s long-term cash generation forecast due to the highly inflationary environment in Argentina and the fourth quarter 2023 divestitures of its European and Australian businesses.
As of December 31, 2025, accumulated goodwill impairment losses totaled $158 million, all of which relates to the Performance Coatings reportable segment.
Identifiable Intangible Assets with Finite Lives
Identifiable Intangible Assets
 December 31, 2025December 31, 2024
($ in millions)Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
Indefinite-Lived Identifiable Intangible Assets
Trademarks$1,274 $— $1,274 $1,123 $— $1,123 
Definite-Lived Identifiable Intangible Assets
Acquired technology$819 ($720)$99 $800 ($666)$134 
Customer-related1,782 (1,293)489 1,656 (1,106)550 
Trade names299 (191)108 276 (162)114 
Other46 (45)43 (42)
Total Definite Lived Intangible Assets$2,946 ($2,249)$697 $2,775 ($1,976)$799 
Total Identifiable Intangible Assets$4,220 ($2,249)$1,971 $3,898 ($1,976)$1,922 
In the fourth quarter, the Company tests the carrying value of indefinite-lived trademarks for impairment, as discussed in Note 1, “Summary of Significant Accounting Policies.” In both 2025 and 2024, the annual impairment testing review of indefinite-lived intangibles did not result in an impairment. In conjunction with the 2023 annual impairment test, the Company determined that the estimated fair value of certain trademarks in the Global Architectural Coatings segment were less than the carrying value, resulting in recognition of impairment charges of $2 million in Impairment and other related charges, net in the accompanying consolidated statement of income.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
($ in millions)20262027202820292030Thereafter
Estimated future amortization expense$104 $84 $77 $71 $62 $299 
v3.25.4
Business Restructuring (Tables)
12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Activity Related to Restructuring Reserves
The following table summarizes restructuring reserve activity for the years ended December 31, 2025 and 2024:
Total Reserve
($ in millions)20252024
January 1$276 $110 
Approved restructuring actions39 239 
Release of prior reserves and other adjustments(a)
(33)(6)
Cash payments(82)(52)
Foreign currency impact26 (15)
December 31$226 $276 
(a)Certain releases were recorded to reflect the current estimate of costs to complete planned business restructuring actions.
v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense for the years ended December 31, 2025, 2024 and 2023 were as follows:
($ in millions)Classification in the Consolidated Statement of Income202520242023
Operating lease costCost of sales, exclusive of depreciation and amortization$49 $47 $45 
Operating lease costSelling, general and administrative150 141 138 
Total operating lease cost$199 $188 $183 
Finance lease cost:
Amortization of right-of-use assetsDepreciation$1 $1 $1 
Interest on lease liabilitiesInterest expense
Total finance lease cost$2 $2 $2 
Total lease cost$201 $190 $185 
Total operating lease cost for the years ended December 31, 2025, 2024 and 2023 is inclusive of the following:
($ in millions)202520242023
Variable lease costs$10 $9 $9 
Short-term lease costs$19 $20 $19 
The lease amounts included in
Schedule of Classification on the Condensed Consolidated Balance Sheet
($ in millions)Classification on the Consolidated Balance Sheet20252024
Assets:
OperatingOperating lease right-of-use assets$604 $597 
Finance(1)
Property, plant, and equipment, net15 12 
Total leased assets$619 $609 
Liabilities:
Current
OperatingCurrent portion of operating lease liabilities$138 $126 
FinanceShort-term debt and current portion of long-term debt
Noncurrent
OperatingOperating lease liabilities450 454 
FinanceLong-term debt
Total lease liabilities$595 $587 
(1)Net of accumulated depreciation of $16 million and $14 million as of December 31, 2025 and 2024, respectively.
Supplemental cash flow information related to leases for the years ended December 31, 2025, 2024 and 2023 was as follows:
Schedule of Cash Paid for Lease Liabilities and Right-of-Use Assets Obtained in Exchange for Lease Obligations
($ in millions)202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases$168 $157 $155 
Operating cash flows paid for finance leases$1 $1 $1 
Financing cash flows paid for finance leases$2 $2 $2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$109 $184 $119 
Finance leases$2 $1 $1 
Lease terms and discount rates as of December 31, 2025, 2024 and 2023 were as follows:
The following table presents the net income taxes paid/(net refunds received) by the Company for 2025 in accordance with the guidance in ASU 2023-09:
($ in millions)2025
Federal(1)
($5)
State
Foreign
Mexico205 
China56 
France25 
Netherlands25 
Switzerland(27)
Other152 
Total taxes paid, net of refunds$438 
(1)Net refund received due to overpayment of prior year tax liability related to portfolio optimization actions in 2024 and other items.
Schedule of Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate
202520242023
Weighted-average remaining lease term (in years)
Operating leases6.36.96.8
Finance leases10.48.19.3
Weighted-average discount rate
Operating leases3.6%3.6%3.0%
Finance leases6.7%6.8%6.0%
Schedule of Maturities of Lease Liabilities, Operating Lease
As of December 31, 2025, maturities of lease liabilities were as follows:
($ in millions)Operating LeasesFinance Leases
2026$156 $2 
2027123 
202898 
202972 
203059 
Thereafter150 
Total lease payments$658 $8 
Less: Interest70 
Total lease obligations$588 $7 
Schedule of Maturities of Lease Liabilities, Finance Lease
As of December 31, 2025, maturities of lease liabilities were as follows:
($ in millions)Operating LeasesFinance Leases
2026$156 $2 
2027123 
202898 
202972 
203059 
Thereafter150 
Total lease payments$658 $8 
Less: Interest70 
Total lease obligations$588 $7 
v3.25.4
Borrowings and Lines of Credit (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term Debt Obligations
($ in millions)Maturity Date20252024
0.875% notes (€600)
2025— 620 
1.875% notes (€300)
2025— 310 
1.2% notes ($700)
2026700 698 
1.4% notes (€600)
2027704 619 
Term Loan due 2028 (€1,050)(1)
20281,233 776 
3.75% notes ($800)(2)
2028801 806 
2.5% notes (€80)
202994 83 
2.8% notes ($300)
2029299 298 
2.75% notes (€700)
2029819 718 
2.55% notes ($300)
2030298 297 
4.375% notes ($700)
2031692 — 
3.25% notes (€900)
20321,047 — 
1.95% note (€50)
203758 51 
7.7% notes ($176)
2038175 175 
5.5% notes ($250)
2040248 248 
3.0% notes (€120)
2044135 118 
Finance lease obligationsVarious
Impact of derivatives on debt(3)
N/A(6)(16)
Total$7,304 $5,808 
Less payments due within one yearN/A702 932 
Long-term debt$6,602 $4,876 
(1)As of December 31, 2025, the Term Loan was due in 2028. In January 2026, the Term Loan was amended to extend its maturity to January 2029.
(2)In February 2018, PPG entered into interest rate swaps which converted $375 million of the notes from a fixed interest rate to a floating interest rate based on the three month SOFR. The impact of the derivative on the notes represents the fair value adjustment of the debt. The average effective interest rate for the portion of the notes impacted by the swaps was 5.5% and 6.4% for the years ended December 31, 2025 and 2024, respectively. Refer to Note 11, “Financial Instruments, Hedging Activities and Fair Value Measurements” for additional information.
(3)Fair value adjustment of the 3.75% $800 million notes as a result of fair value hedge accounting treatment related to the outstanding interest rate swaps as of December 31, 2025 and 2024. Refer to Note 11, “Financial Instruments, Hedging Activities and Fair Value Measurements” for additional information.
Long-Term Debt
($ in millions)
December 31, 2025 (a)
December 31, 2024 (b)
Long-term debt - carrying value$7,297$5,801
Long-term debt - fair value$7,215$5,634
(a)    Excluding finance lease obligations of $7 million and short term borrowings of $4 million as of December 31, 2025.
(b)    Excluding finance lease obligations of $7 million and short term borrowings of $7 million as of December 31, 2024.
Schedule of Maturities of Long-term Debt
Long-term Debt Maturities
($ in millions)Maturity per year
2026$702 
2027$702 
2028(1)
$2,023 
2029$1,212 
2030$295 
Thereafter$2,370 
(1)As of December 31, 2025, the Term Loan with an outstanding balance of $1,233 million was due in 2028. The Term Loan is shown as due in 2028 within this table. In January 2026, the Term Loan was amended to extend its maturity to January 2029.
Short-Term Debt Outstanding
Short-term Debt Obligations
($ in millions)20252024
Various, weighted average 0.7% and 1.9% as of December 31, 2025 and 2024, respectively. $4 $7 
v3.25.4
Financial Instruments, Hedging Activities and Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value, Cash Flow and Net Investment Hedges the years ended December 31, 2025, 2024 and 2023. All dollar amounts are shown on a pretax basis.
202520242023
($ in millions)Loss Deferred in OCI(Loss)/Gain RecognizedGain Deferred in OCI(Loss)/Gain RecognizedLoss Deferred in OCI(Loss)/Gain RecognizedCaption in Consolidated Statement of Income
Fair Value
Interest rate swaps$— ($3)$— ($10)$— ($10)Interest expense
Total Fair Value$— ($3)$— ($10)$— ($10)
Net Investment
Cross currency swaps($39)$8 $20 $9 ($15)$12 Interest expense
Foreign denominated debt(533)— 217 — (89)— 
Total Net Investment($572)$8 $237 $9 ($104)$12 
Economic
Foreign currency forward contracts$— $86 $— $43 $— $49 Other charges/(income), net
Schedule of Derivative Liabilities at Fair Value
Assets and liabilities reported at fair value on a recurring basis
December 31, 2025December 31, 2024
($ in millions)Level 1Level 2Level 3Level 1Level 2Level 3
Assets:
Other current assets:   
Marketable equity securities$10 $— $— $9 $— $— 
Foreign currency forward contracts(a)
— — — — 
Investments:
Marketable equity securities$79 $— $— $85 $— $— 
Other assets:
Cross currency swaps(b)
$— $15 $— $— $50 $— 
Liabilities:
Accounts payable and accrued liabilities:
Foreign currency forward contracts(a)
$— $4 $— $— $58 $— 
Other liabilities:
Cross currency swaps(b)
$— $4 $— $— $— $— 
Interest rate swaps(c)
— — — 16 — 
(a)    Derivatives not designated as hedging instruments
(b)    Net investment hedges
(c)    Fair value hedges
Schedule of Long-term Debt Instruments
Long-term Debt Obligations
($ in millions)Maturity Date20252024
0.875% notes (€600)
2025— 620 
1.875% notes (€300)
2025— 310 
1.2% notes ($700)
2026700 698 
1.4% notes (€600)
2027704 619 
Term Loan due 2028 (€1,050)(1)
20281,233 776 
3.75% notes ($800)(2)
2028801 806 
2.5% notes (€80)
202994 83 
2.8% notes ($300)
2029299 298 
2.75% notes (€700)
2029819 718 
2.55% notes ($300)
2030298 297 
4.375% notes ($700)
2031692 — 
3.25% notes (€900)
20321,047 — 
1.95% note (€50)
203758 51 
7.7% notes ($176)
2038175 175 
5.5% notes ($250)
2040248 248 
3.0% notes (€120)
2044135 118 
Finance lease obligationsVarious
Impact of derivatives on debt(3)
N/A(6)(16)
Total$7,304 $5,808 
Less payments due within one yearN/A702 932 
Long-term debt$6,602 $4,876 
(1)As of December 31, 2025, the Term Loan was due in 2028. In January 2026, the Term Loan was amended to extend its maturity to January 2029.
(2)In February 2018, PPG entered into interest rate swaps which converted $375 million of the notes from a fixed interest rate to a floating interest rate based on the three month SOFR. The impact of the derivative on the notes represents the fair value adjustment of the debt. The average effective interest rate for the portion of the notes impacted by the swaps was 5.5% and 6.4% for the years ended December 31, 2025 and 2024, respectively. Refer to Note 11, “Financial Instruments, Hedging Activities and Fair Value Measurements” for additional information.
(3)Fair value adjustment of the 3.75% $800 million notes as a result of fair value hedge accounting treatment related to the outstanding interest rate swaps as of December 31, 2025 and 2024. Refer to Note 11, “Financial Instruments, Hedging Activities and Fair Value Measurements” for additional information.
Long-Term Debt
($ in millions)
December 31, 2025 (a)
December 31, 2024 (b)
Long-term debt - carrying value$7,297$5,801
Long-term debt - fair value$7,215$5,634
(a)    Excluding finance lease obligations of $7 million and short term borrowings of $4 million as of December 31, 2025.
(b)    Excluding finance lease obligations of $7 million and short term borrowings of $7 million as of December 31, 2024.
v3.25.4
Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Common Share Calculations
($ in millions, except per share amounts)202520242023
Earnings per common share (attributable to PPG)
Income from continuing operations, net of tax$1,571 $1,344 $1,223 
Income/(loss) from discontinued operations, net of tax(228)47 
Net income (attributable to PPG)$1,576 $1,116 $1,270 
Weighted average common shares outstanding226.3 233.8 236.0 
Effect of dilutive securities:   
Stock options0.1 0.4 0.5 
Other stock compensation plans0.7 0.7 0.7 
Potentially dilutive common shares0.8 1.1 1.2 
Adjusted weighted average common shares outstanding227.1 234.9 237.2 
Earnings per common share (attributable to PPG)
Income from continuing operations, net of tax$6.94 $5.75 $5.18 
Income/(loss) from discontinued operations, net of tax0.02 (0.98)0.20 
Net income (attributable to PPG)$6.96 $4.77 $5.38 
Earnings per common share - assuming dilution (attributable to PPG)
Income from continuing operations, net of tax$6.92 $5.72 $5.16 
Income/(loss) from discontinued operations, net of tax0.02 (0.97)0.19 
Net income (attributable to PPG)$6.94 $4.75 $5.35 
Antidilutive securities(a):
Stock options3.4 1.3 0.9 
v3.25.4
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Components of Income Tax Expense
The provision for income taxes by taxing jurisdiction and by significant components consisted of the following:
($ in millions)202520242023
Current   
U.S. federal$62 $67 $95 
U.S. state and local15 14 
Foreign419 490 506 
Total current income tax expense$485 $572 $615 
Deferred   
U.S. federal($30)($2)($156)
U.S. state and local(3)(8)(15)
Foreign(87)(16)
Total deferred income tax benefit($27)($97)($187)
Total income tax expense$458 $475 $428 
Reconciliation of Statutory U.S. Corporate Federal Income Tax Rate to Effective Income Tax Rate
2025
($ in millions, except percentages)AmountPercent
U.S. federal income tax rate$429 21.0%
Foreign tax effects
Mexico
Tax rate differential55 2.7 
Nontaxable inflationary effect(23)(1.1)
Other adjustments34 1.6 
Singapore
Nontaxable gain on sale(45)(2.2)
Other adjustments(2)(0.1)
Switzerland
Nondeductible loss on sale45 2.2 
Other adjustments(11)(0.6)
Other foreign jurisdictions61 3.0 
Tax credits(33)(1.6)
Changes in unrecognized tax benefits(39)(1.9)
Other adjustments
Return to provision(25)(1.2)
Other adjustments12 0.6 
Effective income tax rate$458 22.4%
The following table is a reconciliation of the statutory U.S. corporate federal income tax rate to the Company’s effective tax rate for 2024 and 2023 in accordance with the guidance prior to the adoption of ASU 2023-09:
20242023
U.S. federal income tax rate21.0%21.0%
Changes in rate due to:  
Taxes on non-U.S. earnings4.8 4.3 
Change in valuation allowance reserves3.5 3.6 
Other foreign tax effects(4.7)(2.8)
Pillar 2 global minimum tax0.8 — 
Impairment and other related charges, net(0.2)2.0 
Uncertain tax positions1.2 (1.8)
U.S. tax cost/(benefit) on foreign operations0.9 (0.9)
U.S. tax incentives(0.8)(0.8)
Tax benefits from equity awards— (0.2)
U.S. state and local taxes0.3 — 
Other(1.2)0.9 
Effective income tax rate25.6%25.3%
Schedule of Cash Paid for Lease Liabilities and Right-of-Use Assets Obtained in Exchange for Lease Obligations
($ in millions)202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases$168 $157 $155 
Operating cash flows paid for finance leases$1 $1 $1 
Financing cash flows paid for finance leases$2 $2 $2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$109 $184 $119 
Finance leases$2 $1 $1 
Lease terms and discount rates as of December 31, 2025, 2024 and 2023 were as follows:
The following table presents the net income taxes paid/(net refunds received) by the Company for 2025 in accordance with the guidance in ASU 2023-09:
($ in millions)2025
Federal(1)
($5)
State
Foreign
Mexico205 
China56 
France25 
Netherlands25 
Switzerland(27)
Other152 
Total taxes paid, net of refunds$438 
(1)Net refund received due to overpayment of prior year tax liability related to portfolio optimization actions in 2024 and other items.
Net deferred income tax assets and liabilities
($ in millions)20252024
Deferred income tax assets related to
Employee benefits$203 $215 
Contingent and accrued liabilities98 105 
Operating loss and other carry-forwards324 389 
Operating lease liabilities145 144 
Research and development amortization304 259 
Other258 280 
Valuation allowance(258)(327)
Total$1,074 $1,065 
Deferred income tax liabilities related to  
Property$201 $268 
Intangibles643 607 
Employee benefits43 39 
Operating lease right-of-use assets150 148 
Other13 105 
Total$1,050 $1,167 
Deferred income tax assets/(liabilities) – net$24 ($102)
Schedule of Unrecognized Tax Benefits Roll Forward
A reconciliation of the total amounts of unrecognized tax benefits (excluding interest and penalties) as of December 31 follows:
($ in millions)202520242023
January 1$141 $121 $145 
Current year tax positions - additions21 16 
Prior year tax positions - additions13 43 33 
Prior year tax positions - reductions— (1)(14)
Statute of limitations expirations(15)(20)(9)
Settlements(14)(6)(51)
Resolution of tax matter(1)
(44)— — 
Foreign currency translation(4)
December 31$111 $141 $121 
(1)In 2025, the Company recorded a net charge related to the anticipated resolution of an outstanding tax matter. The Company expects to pay incremental income taxes and non-income taxes in the impacted taxing jurisdiction related to the matter. In connection with this matter, the Company reduced its provision for uncertain tax positions.
Unrecognized Tax Benefits
Interest and penalties
($ in millions)202520242023
Accrued interest and penalties related to unrecognized tax benefits$11 $11 $14 
(Income)/loss recognized in income tax expense related to interest and penalties($1)($2)($2)
Summary of Operating Loss Carryforwards
($ in millions)20252024Expiration
Available net operating loss carryforwards, tax effected:
Indefinite expiration$95 $85 NA
Definite expiration95 150 2026-2045
Total$190 $235 
Income tax credit carryforwards$128 $112 2026-2035
v3.25.4
Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2025
Defined Benefit Plan Disclosure [Line Items]  
Changes in Projected Benefit Obligations, Plan Assets and Funded Status
The following table sets forth the changes in projected benefit obligations (“PBO”), plan assets, the funded status and the amounts recognized on the accompanying consolidated balance sheet for the Company’s defined benefit pension and other postretirement benefit plans:
Defined Benefit Pension Plans
 United States International Total PPG
($ in millions)202520242025202420252024
Projected benefit obligation, January 1$1,055 $1,143 $972 $1,068 $2,027 $2,211 
Service cost— — 
Interest cost55 55 49 48 104 103 
Actuarial losses/(gains)28 (57)(1)(33)27 (90)
Benefits paid(71)(67)(57)(53)(128)(120)
Foreign currency translation adjustments— — 99 (54)99 (54)
Settlements— (19)(23)(13)(23)(32)
Other— — — — 
Projected benefit obligation, December 31$1,067 $1,055 $1,048 $972 $2,115 $2,027 
Market value of plan assets, January 1$694 $731 $886 $989 $1,580 $1,720 
Actual return on plan assets67 18 (15)85 (8)
Company contributions27 24 29 26 
Benefits paid(53)(49)(45)(44)(98)(93)
Plan settlements— (19)(15)(6)(15)(25)
Foreign currency translation adjustments— — 80 (37)80 (37)
Other— — (5)(3)(5)(3)
Market value of plan assets, December 31$735 $694 $921 $886 $1,656 $1,580 
Funded Status($332)($361)($127)($86)($459)($447)
Amounts recognized in the Consolidated Balance Sheet:
Other assets (long-term)— — 126 144 126 144 
Accounts payable and accrued liabilities(18)(18)(17)(15)(35)(33)
Accrued pensions(314)(343)(236)(215)(550)(558)
Net liability recognized($332)($361)($127)($86)($459)($447)
Other Postretirement Benefit Plans
 United States InternationalTotal PPG
($ in millions)202520242025202420252024
Projected benefit obligation, January 1$390 $424 $63 $71 $453 $495 
Service cost— 
Interest cost20 20 23 23 
Actuarial gains(8)(22)(8)(2)(16)(24)
Benefits paid(30)(35)(4)(4)(34)(39)
Foreign currency translation adjustments— — (5)(5)
Other— — — — 
Projected benefit obligation, December 31$374 $390 $58 $63 $432 $453 
Amounts recognized in the Consolidated Balance Sheet:
Accounts payable and accrued liabilities(36)(39)(4)(4)(40)(43)
Other postretirement benefits(338)(351)(54)(59)(392)(410)
Net liability recognized($374)($390)($58)($63)($432)($453)
The PBO is the actuarial present value of benefits attributable to employee service rendered to date, including the effects of estimated future pay increases. The accumulated benefit obligation (“ABO”) is the actuarial present value of benefits attributable to employee service rendered to date, but does not include the effects of estimated future pay increases. The ABO for all defined benefit pension plans as of December 31, 2025 and 2024 was $2.1 billion and $2.0 billion, respectively.
The following table details the pension plans where the benefit liability exceeds the fair value of the plan assets:
 Pensions
($ in millions)20252024
Plans with PBO in Excess of Plan Assets:
Projected benefit obligation$1,343 $1,307 
Fair value of plan assets$761 $717 
Plans with ABO in Excess of Plan Assets:
Accumulated benefit obligation$1,300 $1,274 
Fair value of plan assets$746 $712 
Accumulated Other Comprehensive Loss Pretax Amounts Not Yet Reflected in Net Periodic Benefit Cost
PensionsOther Postretirement Benefits
($ in millions)2025202420252024
Accumulated net actuarial losses/(gains)$707 $670 ($53)($37)
Accumulated prior service credit— — (11)(16)
Total$707 $670 ($64)($53)
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
The net decrease in Accumulated other comprehensive loss (pretax) related to defined benefit pension and other postretirement benefit plans during the year ended December 31, 2025 was due to the following:
($ in millions)PensionsOther Postretirement Benefits
Net actuarial loss/(gain) arising during the year$47 ($16)
Amortization of actuarial (loss)/gain(23)
Amortization of prior service credit— 
Foreign currency translation adjustments19 (1)
Impact of settlements(6)— 
Net decrease$37 ($11)
Net Periodic Benefit Cost
PensionsOther Postretirement Benefits
($ in millions)202520242023202520242023
Service cost$9 $8 $7 $3 $3 $4 
Interest cost104 103 111 23 23 27 
Expected return on plan assets(105)(109)(110)— — — 
Amortization of prior service cost— — (5)(4)(7)
Amortization of actuarial losses/(gains)23 22 21 (1)(1)(1)
Settlements, curtailments, and special termination benefits11 192 — — (2)
Net periodic benefit cost$37 $36 $221 $20 $21 $21 
Schedule of Contributions to Defined benefit Plans
Contributions to defined benefit pension plans
($ in millions)202520242023
U.S. defined benefit pension plans$27 $24 $28 
Non-U.S. defined benefit pension plans$2 $2 $18 
Schedule of Expected Benefit Payments
The estimated benefits expected to be paid under the Company’s defined benefit pension and other postretirement benefit plans are:
($ in millions)PensionsOther Postretirement Benefits
2026$150 $40 
2027$149 $39 
2028$148 $38 
2029$151 $36 
2030$157 $35 
2031 to 2035$810 $160 
Weighted Average Target Pension Plan Asset Allocations
The following summarizes the weighted average target pension plan asset allocation as of December 31, 2025 and 2024 for all PPG defined benefit plans:
Asset Category20252024
Equity securities15-45%15-45%
Debt securities30-65%30-65%
Real estate0-10%0-10%
Other20-40%20-40%
Fair Values of the Company's Pension Plan Assets by Asset Category
The fair values of the Company’s pension plan assets at December 31, 2025 and 2024, by asset category, are as follows:
December 31, 2025December 31, 2024
($ in millions)
Level 1(1)
Level 2(1)
Level 3(1)
Total
Level 1(1)
Level 2(1)
Level 3(1)
Total
Asset Category     
Equity securities:     
U.S. Large cap$89 $72 $— $161 $80 $54 $— $134 
U.S. Small cap24 — — 24 18 — — 18 
Non-U.S.(2)
64 51 — 115 68 34 — 102 
Debt securities:        
Cash and cash equivalents43 — 45 11 33 — 44 
Diversified(3)
— 13 — 13 — 45 — 45 
Other(4)
— 246 247 — 239 241 
Real estate, hedge funds, and other— 238 319 557 — 203 332 535 
Total assets in the fair value hierarchy$179 $418 $565 $1,162 $177 $371 $571 $1,119 
Common-collective trusts(5)
— — — 494 — — — 461 
Total Investments$179 $418 $565 $1,656 $177 $371 $571 $1,580 
(1)These levels refer to the accounting guidance on fair value measurement described in Note 11, “Financial Instruments, Hedging Activities and Fair Value Measurements.”
(2)This category represents holdings in investment grade debt or equity securities of issuers in both developed markets and emerging economies.
(3)This category represents investment grade debt securities from a diverse set of industry issuers.
(4)This category primarily represents insurance contracts.
(5)Certain investments that are measured at net asset value per share (or its equivalent) are not required to be classified in the fair value hierarchy.
Change in the Fair Value of the Company's Level 3 Pension Assets
The change in the fair value of the Company’s Level 3 pension assets for the years ended December 31, 2025 and 2024 was as follows:
($ in millions)Real EstateOther Debt SecuritiesHedge Funds and Other AssetsTotal
January 1, 2024
$119 $258 $222 $599 
Realized gains13 
Unrealized (losses)/gains(5)— — 
Transfers (out)/in, net(28)(12)19 (21)
Foreign currency losses(1)(16)(3)(20)
December 31, 2024$87 $239 $245 $571 
Realized gains/(losses)(11)(2)
Unrealized gains— 10 12 
Transfers out, net(11)(13)(37)(61)
Foreign currency gains31 13 45 
December 31, 2025$81 $246 $238 $565 
Benefit Obligations  
Defined Benefit Plan Disclosure [Line Items]  
Weighted Average Assumptions Used for the Defined Benefit Pension and Other Postretirement Plans
The following weighted average assumptions were used to determine the benefit obligation for the Company’s defined benefit pension and other postretirement plans as of December 31, 2025 and 2024:
United StatesInternationalTotal PPG
202520242025202420252024
Discount rate5.4%5.7%5.1%4.8%5.3%5.3%
Rate of compensation increase2.5%2.5%3.4%3.3%2.9%2.9%
Benefit Costs  
Defined Benefit Plan Disclosure [Line Items]  
Weighted Average Assumptions Used for the Defined Benefit Pension and Other Postretirement Plans
The following weighted average assumptions were used to determine the net periodic benefit cost for the Company’s defined benefit pension and other postretirement benefit plans for the three years in the period ended December 31, 2025:
202520242023
Discount rate5.3%4.9%5.2%
Expected return on assets6.7%6.6%6.5%
Rate of compensation increase2.9%2.8%2.7%
v3.25.4
Commitments and Contingent Liabilities (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Loss Contingencies by Contingency
Environmental Reserves
($ in millions)20252024
New Jersey Chrome$56 $58 
Glass and chemical45 51 
Other105 113 
Total environmental reserves$206 $222 
Current Portion$57 $39 
Environmental Costs The pretax charges and cash outlays related to such environmental remediation in 2025, 2024 and 2023, were as follows:
($ in millions)202520242023
New Jersey Chrome$9 $16 $7 
Glass and chemical
Other23 
Total pretax environmental charges$18 $30 $35 
Cash outlays for environmental spending$24 $28 $31 
v3.25.4
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Summary of Shares Outstanding
Common StockTreasury StockShares Outstanding
January 1, 2023
581,146,136 (346,072,210)235,073,926 
Purchases— (673,638)(673,638)
Issuances— 810,566 810,566 
December 31, 2023581,146,136 (345,935,282)235,210,854 
Purchases— (5,838,606)(5,838,606)
Issuances— 555,635 555,635 
December 31, 2024581,146,136 (351,218,253)229,927,883 
Purchases— (6,876,495)(6,876,495)
Issuances — 375,560 375,560 
December 31, 2025581,146,136 (357,719,188)223,426,948 
v3.25.4
Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Loss
($ in millions)
Foreign Currency Translation Adjustments(1)
Pension and Other Postretirement Benefit Adjustments, net of tax(2)
Unrealized Gain on Derivatives, net of taxAccumulated Other Comprehensive Loss
January 1, 2023
($2,254)($557)$1 ($2,810)
Current year deferrals to AOCL475 (93)— 382 
Reclassifications from AOCL to net income33 156 — 189 
December 31, 2023($1,746)($494)$1 ($2,239)
Current year deferrals to AOCL(1,122)15 — (1,107)
Reclassifications from AOCL to net income217 21 — 238 
December 31, 2024($2,651)($458)$1 ($3,108)
Current year deferrals to AOCL809 (36)— 773 
Reclassifications from AOCL to net income140 19 — 159 
December 31, 2025($1,702)($475)$1 ($2,176)
(1)The tax (benefit)/cost related to unrealized foreign currency translation adjustments on net investment hedges as of December 31, 2025, 2024 and 2023 was $(34) million, $105 million and $47 million, respectively.
(2)The tax cost/(benefit) related to the adjustment for pension and other postretirement benefits for the year ended December 31, 2025, 2024 and 2023 was $9 million, $(12) million and $20 million, respectively. Reclassifications from AOCL are included in the computation of net periodic benefit costs (see Note 14, “Employee Benefit Plans").
v3.25.4
Other (Income)/Charges, Net (Tables)
12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Components of Other Earnings
($ in millions)202520242023
Environmental charges(1)
$18 $30 $35 
Pension and other postretirement benefit plans, non-service cost components45 43 39 
Resolution of tax matter(2)
41 — — 
Share of net earnings of equity affiliates (See Note 5)
(19)(20)(21)
(Gain)/loss on sale of businesses(3)
(18)(129)23 
Insurance recoveries(4)
(6)(4)(16)
Income from legal settlement(5)
(12)— — 
Argentina currency translation charge(6)
— 110 — 
Royalty income(12)(10)(10)
Other, net(31)(28)30 
Total Other charges/(income), net$6 ($8)$80 
(1)In 2025, PPG recognized charges of $16 million related to environmental remediation costs at certain non-operating PPG manufacturing sites. In both 2024 and 2023, PPG recognized charges of $24 million related to environmental remediation costs at certain non-operating PPG manufacturing sites.
(2)In the fourth quarter 2025, the Company recorded a net charge related to the anticipated resolution of an outstanding tax matter that includes both income taxes and non-income taxes. The portion of the charge related to non-income taxes is $41 million.
(3)In 2025, PPG recognized net gains on the sale of certain businesses and non-core assets. In 2024, PPG recognized a $129 million gain on the divestiture of the silicas products business. In 2023, PPG recognized a $22 million loss on the divestitures of the European and Australian traffic solutions businesses.
(4)In the first quarter 2025, the Company received reimbursement under its insurance policies for damages incurred at a southern U.S. factory from a winter storm in 2021. In 2024 and 2023, the Company received reimbursement for previously approved insurance claims under policies covering legacy asbestos-related matters. In 2023, the Company received reimbursement under its insurance policies for damages incurred at a southern U.S. factory from a winter storm in 2020.
(5)In the fourth quarter 2025, the Company settled a legal matter related to a legacy business that it no longer operates and recognized a gain of $12 million.
(6)In 2024, PPG recognized accumulated foreign currency translation losses of $110 million related to the Company's exit of its Argentina operations in connection with a restructuring program.
v3.25.4
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Share-based Compensation, Stock Options, Activity
($ in millions)202520242023
Total stock-based compensation$46 $42 $56 
Income tax benefit recognized$10 $9 $11 
Weighted Average Assumptions Used in Calculating the Fair Value of Stock Option
The following weighted average assumptions were used to calculate the fair values of stock option grants in each year:
202520242023
Weighted average exercise price$114.39 $142.65 $130.17 
Risk-free interest rate4.2%4.3%3.9%
Expected life of option in years5.56.56.5
Expected dividend yield1.8%1.7%1.7%
Expected volatility29.4%28.4%27.8%
Stock Options Outstanding, Exercisable and Activity
Stock Options Outstanding and ExercisableNumber of SharesWeighted Average Exercise PriceWeighted Average Remaining Contractual Life (in years)Intrinsic Value (in millions)
Outstanding, January 1, 2025
3,489,056 $125.15 5.3
Granted542,263 $114.39   
Exercised(156,496)$105.27   
Forfeited/Expired(110,810)$121.73   
Outstanding, December 31, 2025
3,764,013 $124.56 5.3$1 
Vested or expected to vest, December 31, 2025
3,701,506 $124.64 5.2$1 
Exercisable, December 31, 2025
2,457,460 $123.04 3.7$1 
Stock Option Activity
The following table presents stock option activity for the years ended December 31, 2025, 2024 and 2023:
($ in millions)202520242023
Total intrinsic value of stock options exercised$2 $6 $24 
Cash received from stock option exercises$20 $24 $55 
Income tax benefit from the exercise of stock options$1 $1 $6 
Total fair value of stock options vested$16 $15 $10 
RSU Activity
RSU ActivityNumber of SharesWeighted Average Grant Date Fair Value
Outstanding, January 1, 2025
644,256 $139.14 
Granted287,940 $113.11 
Vested(202,647)$116.22 
Forfeited(15,456)$124.98 
Outstanding, December 31, 2025
714,093 $126.62 
Vested or expected to vest, December 31, 2025
689,721 $139.81 
v3.25.4
Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from External Customers by Geographic Areas
Net sales by segment and region for the years ended December 31, 2025, 2024 and 2023 were as follows:
($ in millions)202520242023
Global Architectural Coatings
EMEA$2,320 $2,357 $2,408 
Asia Pacific204 232 237 
Latin America1,314 1,332 1,376 
Total$3,838 $3,921 $4,021 
Performance Coatings
United States and Canada$3,162 $2,981 $2,902 
EMEA1,318 1,262 1,220 
Asia Pacific927 883 866 
Latin America106 111 144 
Total$5,513 $5,237 $5,132 
Industrial Coatings
United States and Canada$2,210 $2,371 $2,583 
EMEA1,730 1,767 1,989 
Asia Pacific1,806 1,797 1,770 
Latin America778 752 747 
Total$6,524 $6,687 $7,089 
Total Net Sales(1)
United States and Canada(2)
$5,372 $5,352 $5,485 
EMEA5,368 5,386 5,617 
Asia Pacific(3)
2,937 2,912 2,873 
Latin America(4)
2,198 2,195 2,267 
Total PPG$15,875 $15,845 $16,242 
(1)Net sales to external customers are attributed to geographic regions based upon the location of the operating unit shipping the product.
(2)Net sales recognized in the United States represented 32% of the Company’s total Net sales for each of the years ended December 31, 2025, 2024 and 2023, respectively.
(3)Net sales recognized in China represented 10% of the Company’s total Net sales for each of the years ended December 31, 2025, 2024 and 2023, respectively.
(4)Net sales recognized in Mexico represented 11% of the Company’s total Net sales for each of the years ended December 31, 2025, 2024 and 2023, respectively.
Accounts Receivable, Allowance for Credit Loss
The following table summarizes allowance for doubtful accounts activity for the years ended December 31, 2025, 2024 and 2023:
Trade Receivables Allowance for Doubtful Accounts
($ in millions)202520242023
January 1$23 $23 $29 
Bad debt expense15 17 15 
Write-offs and recoveries of previously reserved trade receivables(18)(15)(19)
Other(2)(2)
December 31$22 $23 $23 
v3.25.4
Reportable Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
($ in millions)202520242023
Global Architectural Coatings
Net sales to external customers$3,838 $3,921 $4,021 
Cost of sales, exclusive of depreciation and amortization1,891 1,904 2,022 
Selling, general and administrative1,175 1,186 1,170 
Depreciation and amortization109 104 101 
Other(1)
64 49 55 
Global Architectural Coatings segment income$599 $678$673
Performance Coatings
Net sales to external customers$5,513 $5,237 $5,132 
Cost of sales, exclusive of depreciation and amortization3,055 2,851 2,893 
Selling, general and administrative1,069 1,017 966 
Depreciation and amortization134 132 139 
Other(1)
107 95 115 
Performance Coatings segment income$1,148 $1,142$1,019
Industrial Coatings
Net sales to external customers$6,524 $6,687 $7,089 
Cost of sales, exclusive of depreciation and amortization4,369 4,498 4,759 
Selling, general and administrative822 838 870 
Depreciation and amortization192 206 213 
Other(1)
266 252 279 
Industrial Coatings segment income$875 $893$968
Total Net Sales$15,875 $15,845 $16,242 
Total Segment income$2,622 $2,713 $2,660 
Corporate / Non-Segment Items
Corporate / non-segment unallocated, exclusive of depreciation and amortization(308)(291)(330)
Corporate / non-segment depreciation and amortization(63)(50)(61)
Interest expense, net of interest income(88)(64)(107)
Business restructuring-related costs, net(2)
(54)(377)(41)
Portfolio optimization(3)
(1)(59)(53)
Legacy environmental remediation charges, net(4)
(16)(24)(24)
Insurance recoveries(5)
16 
Impairment and other related charges, net(6)
(24)— (160)
Income from legal settlement(7)
12 — — 
Resolution of tax matter(8)
(41)— — 
Argentina currency devaluation losses(9)
— — (20)
Pension settlement charge(10)
— — (190)
Total Income from continuing operations before income taxes$2,045 $1,852 $1,690 
($ in millions)202520242023
Segment assets(11)
Global Architectural Coatings$6,676 $5,887 $6,595 
Performance Coatings5,535 5,601 5,586 
Industrial Coatings6,183 5,230 5,643 
Corporate / Non-Segment Items3,704 2,715 3,823 
Total$22,098 $19,433 $21,647 
Expenditures for property (including business acquisitions)
Global Architectural Coatings$126 $160 $93 
Performance Coatings249 166 217 
Industrial Coatings245 247 184 
Corporate / Non-Segment Items159 179 131 
Total$779 $752 $625 
Investment in equity affiliates
Global Architectural Coatings$24 $20 $25 
Performance Coatings29 26 23 
Industrial Coatings22 20 18 
Corporate / Non-Segment Items76 75 75 
Total $151 $141 $141 
Share of net earnings of equity affiliates
Global Architectural Coatings$1 $3 $1 
Performance Coatings
Industrial Coatings
Corporate / Non-Segment Items11 10 13 
Total$19 $20 $21 
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Area
($ in millions)202520242023
Geographic Information
Segment income   
United States and Canada$1,101 $1,039 $1,033 
EMEA581 617 679 
Asia Pacific418 476 430 
Latin America522 581 518 
Total$2,622 $2,713 $2,660 
Property, plant and equipment — net   
United States and Canada$1,811 $1,502 $1,365 
EMEA1,136 945 1,010 
Asia Pacific698 693 718 
Latin America360 324 357 
Total$4,005 $3,464 $3,450 
(1)Other segment items for each reportable business segment includes research and development, net and other segment (income)/expense, net.
(2)Business restructuring-related costs, net include business restructuring charges, offset by releases related to previously approved programs, which are included in Business restructuring, net on the consolidated statement of income, accelerated depreciation of certain assets, which is included in Depreciation on the consolidated statement of income, and other restructuring-related costs, which are included in Cost of sales, exclusive of depreciation and amortization and Selling, general and administrative on the consolidated statement of income. Business restructuring-related costs, net also includes the fourth quarter 2024 recognition of accumulated foreign currency translation losses of $110 million related to the company's exit of its Argentina operations in connection with a restructuring program, which are included in Other (income)/charges, net in the consolidated statement of income. No tax benefit was recorded on the fourth quarter 2024 recognition of the accumulated foreign currency translation losses.
(3)Portfolio optimization includes gains and losses related to the sale of certain assets, which are included in Other (income)/charges, net on the consolidated statement of income, including the gain of $129 million on the sale of the company's silicas products business in the fourth quarter 2024, and the losses on the sales of the company's traffic solutions business in Argentina in the second quarter 2024. Portfolio optimization includes advisory, legal, accounting, valuation, other professional or consulting fees and certain internal costs directly incurred to effect acquisitions, as well as similar fees and other costs to effect divestitures and other portfolio optimization exit actions. These costs are included in Selling, general and administrative expense on the consolidated statement of income. Portfolio optimization also includes an impairment charge of $146 million recognized during the fourth quarter 2024 when the company's remaining operations in Russia were classified as held for sale, which is included in Impairment and other related charges, net on the consolidated statement of income. No tax benefit was recorded on the fourth quarter 2024 impairment charge.
(4)Legacy environmental remediation charges represent environmental remediation costs at certain non-operating PPG manufacturing sites. These charges are included in Other (income)/charges, net in the consolidated statement of income.
(5)In the first quarter 2025, the Company received reimbursement under its insurance policies for damages incurred at a southern U.S. factory from a winter storm in 2021. In the fourth quarter 2024, the company received reimbursement for previously approved insurance claims under policies
covering legacy asbestos-related matters. In the first quarter 2023, the company received reimbursement under its insurance policies for damages incurred at a southern U.S. factory from a winter storm in 2020. In the fourth quarter 2023, the company received reimbursement for a previously approved insurance claim under a policy covering legacy asbestos-related matters. These insurance recoveries are included in Other charges/(income), net on the consolidated statement of income.
(6)In the third quarter 2025, the Company recorded net impairment and other related charges related to a consolidated joint venture in the Performance Coatings segment, which are included in Other charges/(income), net on the consolidated statement of income. In the fourth quarter 2023, the Company recorded impairment and other related charges due to a non-cash goodwill impairment recognized for the Traffic Solutions reporting unit as a result of its annual goodwill impairment test. The fair value of the Traffic Solutions reporting unit decreased primarily due to increases in the cost of capital (discount rate assumption) and declines in the reporting unit’s long-term forecast driven by challenges at its operations in Argentina due to the highly inflationary environment and changes to the reporting unit’s global footprint, including the fourth quarter 2023 divestiture of its European and Australian businesses.
(7)In the fourth quarter 2025, the Company settled a legal matter related to a legacy business that it no longer operates. The related gain is included in Other charges/(income), net on the consolidated statement of income.
(8)In the fourth quarter 2025, the Company recorded a net charge related to the anticipated resolution of an outstanding tax matter. The Company expects to pay incremental income taxes and non-income taxes in the impacted taxing jurisdiction related to the matter. The portion of the charge related to non-income taxes is included in Other charges/(income), net on the consolidated statement of income. In connection with this matter, the Company reduced its provision for uncertain tax positions, the impact of which is included in income tax expense on the consolidated statement of income.
(9)In December 2023, the central bank of Argentina adjusted the official foreign currency exchange rate for the Argentine peso, significantly devaluing the currency relative to the United States dollar. Argentina currency devaluation losses represent foreign currency translation losses recognized during December 2023 related to the devaluation of the Argentine peso, which is included in Other charges/(income), net on the consolidated statement of income.
(10)In the first quarter 2023, PPG purchased group annuity contracts that transferred pension benefit obligations for certain of the Company’s retirees in the U.S. to third-party insurance companies, resulting in a non-cash pension settlement charge.
(11)Segment assets are the total assets used in the operation of each segment. Corporate assets principally include amounts recorded in Cash and cash equivalents, Deferred income taxes, and Property, plant and equipment, net on the consolidated balance sheet.
v3.25.4
Supplier Finance Programs (Tables)
12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Supplier Finance Program
The rollforward of outstanding obligations confirmed as valid under the supplier finance programs for the years ended December 31, 2025 and 2024 is as follows:
($ in millions)20252024
January 1$251 $286 
Invoices confirmed 569 598 
Confirmed invoices paid (600)(673)
Currency impact 25 40 
December 31 $245 $251 
v3.25.4
Summary of Significant Accounting Policies (Additional Information) (Detail)
$ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
segment
Dec. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
segement
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Advertising costs expensed   $ 199   $ 203 $ 193
Research and development – total   446   447 446
Less: depreciation on research facilities   23   24 22
Research and development, net   423   423 424
Number of operating segments 3   10    
Impairment of intangible assets, indefinite-lived (excluding goodwill)   2      
Supplier finance obligation, beginning of period $ 245 245 $ 245 251 286
Asset retirement obligation $ 12 $ 12 $ 12 $ 11  
Number of reportable business segments | segment 3        
Traffic Solutions          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Goodwill, impairment loss         $ 158
Minimum          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Identifiable intangible assets with finite lives estimated useful lives 1 year 1 year 1 year    
Maximum          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Identifiable intangible assets with finite lives estimated useful lives 30 years 30 years 30 years    
v3.25.4
Divestitures (Narrative) (Details) - Discontinued Operations, Disposed of by Sale
$ in Millions
3 Months Ended 12 Months Ended
Nov. 25, 2024
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
U.S. And Canada Architectural Coatings Business      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Ownership percentage in disposed asset     1
Proceeds from divestiture of business     $ 516
Gain (loss) on disposal of discontinued operation, net of tax     $ (285)
Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration]     Income/(loss) from discontinued operations, net of tax
Silicas Products Business      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Proceeds from divestiture of business $ 325    
Gain (loss) on disposal of discontinued operation, net of tax $ 129 $ 129 $ 129
v3.25.4
Divestitures (Operating Results) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Net sales   $ 15,875 $ 15,845 $ 16,242
Cost of sales, exclusive of depreciation and amortization   9,316 9,252 9,678
Selling, general and administrative   3,439 3,391 3,401
Depreciation   403 360 360
Amortization   125 132 154
Research and development, net   423 423 424
Impairment and other-related charges, net $ 146 24 146 160
Other charges/(income), net   6 (8) 80
Income before income taxes   2,045 1,852 1,690
Income tax (benefit)/expense   458 475 428
Income/(loss) from discontinued operations, net of tax   5 (228) 47
Discontinued Operations, Disposed of by Sale | U.S. And Canada Architectural Coatings Business        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Net sales   0 1,878 2,004
Cost of sales, exclusive of depreciation and amortization   0 976 1,067
Selling, general and administrative   0 787 821
Depreciation   0 28 31
Amortization   0 6 13
Research and development, net   0 9 9
Other charges/(income), net   8 1 5
Income from discontinued operations, before tax   0 285 0
Income before income taxes   (8) (214) 58
Income tax (benefit)/expense   (13) 14 11
Income/(loss) from discontinued operations, net of tax   $ 5 $ (228) $ 47
v3.25.4
Divestitures (Major Classes of Assets and Liabilities) (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Cash and cash equivalents $ 2,163 $ 1,270  
Receivables 3,336 2,985  
Inventories 1,996 1,846  
Other current assets 408 368  
Assets, Current 7,959 6,557  
Property, plant and equipment, net 4,005 3,464  
Goodwill 6,149 5,690 $ 6,115
Identifiable intangible assets, net 1,971 1,922  
Deferred income taxes 481 303  
Investment in equity affiliates 332 331  
Operating 604 597  
Other assets 597 569  
Segment assets 22,098 19,433 $ 21,647
Accounts payable and accrued liabilities 3,957 3,731  
Restructuring reserves 99 128  
Operating 138 126  
Liabilities, Current 4,900 5,014  
Operating 450 454  
Deferred income taxes 457 405  
Other liabilities 650 754  
Liabilities $ 14,001 $ 12,471  
v3.25.4
Divestitures (Significant Noncash Items and Capital Expenditures) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Depreciation and amortization $ 528 $ 492 $ 514
Capital expenditures 778 721 516
Discontinued Operations, Disposed of by Sale | U.S. And Canada Architectural Coatings Business      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Depreciation and amortization 0 34 44
Capital expenditures $ 0 $ 10 $ 33
v3.25.4
Working Capital Detail (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Disclosure Components Of Working Capital Detail [Abstract]    
Trade - net $ 2,783 $ 2,477
Other - net 553 508
Total 3,336 2,985
Finished products 1,067 949
Work in process 251 235
Raw materials 624 613
Supplies 54 49
Total 1,996 1,846
Trade 2,212 2,161
Accrued payroll 549 490
Customer rebates 433 364
Other postretirement and pension benefits 75 76
Income taxes 118 130
Other 570 510
Total $ 3,957 $ 3,731
v3.25.4
Working Capital Detail (Additional Information) (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Disclosure Components Of Working Capital Detail [Abstract]    
FIFO adjustment $ 181 $ 169
v3.25.4
Property, Plant and Equipment (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Property, Plant, and Equipment Disclosure [Line Items]    
Property $ 8,729 $ 7,681
Accumulated depreciation, depletion and amortization, property, plant, and equipment 4,724 4,217
Property, plant and equipment, net 4,005 3,464
Land and land improvements    
Property, Plant, and Equipment Disclosure [Line Items]    
Property $ 593 525
Land and land improvements | Minimum    
Property, Plant, and Equipment Disclosure [Line Items]    
Property useful lives 1 year  
Land and land improvements | Maximum    
Property, Plant, and Equipment Disclosure [Line Items]    
Property useful lives 30 years  
Buildings    
Property, Plant, and Equipment Disclosure [Line Items]    
Property $ 1,939 1,769
Buildings | Minimum    
Property, Plant, and Equipment Disclosure [Line Items]    
Property useful lives 20 years  
Buildings | Maximum    
Property, Plant, and Equipment Disclosure [Line Items]    
Property useful lives 40 years  
Machinery and equipment    
Property, Plant, and Equipment Disclosure [Line Items]    
Property $ 3,977 3,545
Machinery and equipment | Minimum    
Property, Plant, and Equipment Disclosure [Line Items]    
Property useful lives 5 years  
Machinery and equipment | Maximum    
Property, Plant, and Equipment Disclosure [Line Items]    
Property useful lives 25 years  
Other    
Property, Plant, and Equipment Disclosure [Line Items]    
Property $ 1,464 1,107
Other | Minimum    
Property, Plant, and Equipment Disclosure [Line Items]    
Property useful lives 3 years  
Other | Maximum    
Property, Plant, and Equipment Disclosure [Line Items]    
Property useful lives 20 years  
Construction in progress    
Property, Plant, and Equipment Disclosure [Line Items]    
Property $ 756 $ 735
v3.25.4
Investments (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]      
Investment in equity affiliates $ 151 $ 141 $ 141
Marketable equity securities 79 85  
Other investments 102 105  
Investments total $ 332 $ 331  
v3.25.4
Investments (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]      
Equity in undistributed earnings losses of subsidiaries $ 19 $ 20 $ 21
Proceeds from dividends received $ 12 $ 14 $ 17
v3.25.4
Goodwill and Other Identifiable Intangible Assets (Carrying Amount of Goodwill Attributable to Each Reportable Segment) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Goodwill [Roll Forward]      
Beginning Balance $ 5,690 $ 6,115  
Acquisitions, including purchase accounting adjustments   2  
Divestitures   2  
Foreign currency impact and other 459 (425)  
Ending Balance 6,149 5,690 $ 6,115
Traffic Solutions      
Goodwill [Roll Forward]      
Goodwill impairment     (158)
Performance Coatings Segment      
Goodwill [Roll Forward]      
Beginning Balance 1,854 1,913  
Acquisitions, including purchase accounting adjustments   2  
Divestitures   0  
Foreign currency impact and other 60 (61)  
Ending Balance 1,914 1,854 1,913
Industrial Coatings Segment      
Goodwill [Roll Forward]      
Beginning Balance 1,148 1,206  
Divestitures   2  
Foreign currency impact and other 79 (56)  
Ending Balance 1,227 1,148 1,206
Global Architectural Coatings      
Goodwill [Roll Forward]      
Beginning Balance 2,688 2,996  
Divestitures   0  
Foreign currency impact and other 320 (308)  
Ending Balance $ 3,008 $ 2,688 $ 2,996
v3.25.4
Goodwill and Other Identifiable Intangible Assets (Identifiable Intangible Assets with Finite Lives) (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Intangible Asset, Acquired, Finite-Lived [Line Items]    
Carrying amount of acquired trademarks with indefinite lives $ 1,274 $ 1,123
Gross carrying amount 2,946 2,775
Intangible assets, gross (excluding goodwill) 4,220 3,898
Accumulated amortization (2,249) (1,976)
Intangible assets, accumulated amortization (excluding goodwill)   1,976
Net 697 799
Total Identifiable Intangible Assets 1,971 1,922
Acquired technology    
Intangible Asset, Acquired, Finite-Lived [Line Items]    
Gross carrying amount 819 800
Accumulated amortization (720) (666)
Net 99 134
Customer-related    
Intangible Asset, Acquired, Finite-Lived [Line Items]    
Gross carrying amount 1,782 1,656
Accumulated amortization (1,293) (1,106)
Net 489 550
Trade names    
Intangible Asset, Acquired, Finite-Lived [Line Items]    
Gross carrying amount 299 276
Accumulated amortization (191) (162)
Net 108 114
Other    
Intangible Asset, Acquired, Finite-Lived [Line Items]    
Gross carrying amount 46 43
Accumulated amortization (45) (42)
Net $ 1 $ 1
v3.25.4
Goodwill and Other Identifiable Intangible Assets (Additional Information) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Goodwill [Line Items]        
Goodwill, impaired, accumulated impairment loss $ 158 $ 158    
Goodwill 6,149 6,149 $ 5,690 $ 6,115
Impairment of intangible assets, indefinite-lived (excluding goodwill)   2    
Impairment and other-related charges, net   24 146 160
Aggregate amortization expense of identifiable intangible assets   $ 125 $ 132 154
Accelerated amortization expense $ 6      
Traffic Solutions        
Goodwill [Line Items]        
Goodwill, impairment loss       $ 158
Goodwill, Impairment Loss, Statement of Income or Comprehensive Income [Extensible Enumeration]       Impairment and other-related charges, net
v3.25.4
Goodwill and Other Identifiable Intangible Assets (Identifiable Intangible Assets, Future Amortization) (Detail)
$ in Millions
Dec. 31, 2025
USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]  
2026 $ 104
2027 84
2028 77
2029 71
2030 62
Thereafter $ 299
v3.25.4
Impairment and Other Related Charges (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Restructuring Cost and Reserve [Line Items]    
Impairment and other related charges $ 24  
Impairment related net loss attributable to noncontrolling interests $ 12  
Russia | Disposal Group, Held-for-sale, Not Discontinued Operations    
Restructuring Cost and Reserve [Line Items]    
Impairment charge   $ 146
v3.25.4
Business Restructuring (Additional Information) (Detail) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Restructuring Reserve [Roll Forward]      
Incurred cost   $ 39 $ 239
2024 Cost Reduction Program | Employee Severance [Member]      
Restructuring Reserve [Roll Forward]      
Incurred cost $ 239    
2024 Cost Reduction Program | Accumulated Currency Losses      
Restructuring Reserve [Roll Forward]      
Incurred cost $ 110    
v3.25.4
Business Restructuring (Restructuring Reserve Activity) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]      
Restructuring Reserve $ 226 $ 276 $ 110
Incurred cost 39 239  
Restructuring, cash payments (82) (52) $ (56)
Restructuring reserve, foreign currency impact, gain (loss) 26 (15)  
Restructuring Charges      
Restructuring Cost and Reserve [Line Items]      
Release of prior reserves and other adjustments $ (33) $ (6)  
v3.25.4
Leases - Schedule of Components of Lease Expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Lessee, Lease, Description [Line Items]      
Total operating lease cost $ 199 $ 188 $ 183
Finance lease cost:      
Amortization of right-of-use assets 1 1 1
Interest on lease liabilities 1 1 1
Total finance lease cost 2 2 2
Total lease cost 201 190 185
Variable lease costs 10 9 9
Short-term lease costs 19 20 19
Cost of sales, exclusive of depreciation and amortization      
Lessee, Lease, Description [Line Items]      
Total operating lease cost 49 47 45
Selling, general and administrative      
Lessee, Lease, Description [Line Items]      
Total operating lease cost $ 150 $ 141 $ 138
v3.25.4
Leases - Schedule of Classification on the Condensed Consolidated Balance Sheet (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets:    
Operating $ 604 $ 597
Finance $ 15 $ 12
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Property, plant and equipment, net Property, plant and equipment, net
Total leased assets $ 619 $ 609
Current    
Operating 138 126
Finance $ 2 $ 2
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Debt, Current Debt, Current
Noncurrent    
Operating $ 450 $ 454
Finance $ 5 $ 5
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Long-term debt Long-term debt
Total lease liabilities $ 595 $ 587
Finance lease ROU asset, accumulated depreciation $ 16 $ 14
v3.25.4
Leases - Schedule of Cash Paid for Lease Liabilities and Right-of-Use Assets Obtained in Exchange for Lease Obligations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Leases [Abstract]      
Operating cash flows paid for operating leases $ 168 $ 157 $ 155
Operating cash flows paid for finance leases 1 1 1
Financing cash flows paid for finance leases 2 2 2
Operating leases 109 184 119
Finance leases $ 2 $ 1 $ 1
v3.25.4
Leases - Schedule of Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate (Details)
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Leases [Abstract]      
Weighted-average remaining lease term, operating leases 6 years 3 months 18 days 6 years 10 months 24 days 6 years 9 months 18 days
Weighted-average remaining lease term, finance leases 10 years 4 months 24 days 8 years 1 month 6 days 9 years 3 months 18 days
Weighted-average discount rate, operating leases 3.60% 3.60% 3.00%
Weighted-average discount rate, finance leases 6.70% 6.80% 6.00%
v3.25.4
Leases - Schedule of Maturities of Lease Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Operating Leases    
2026 $ 156  
2027 123  
2028 98  
2029 72  
2030 59  
Thereafter 150  
Total lease payments 658  
Less: Interest 70  
Total lease obligations, operating leases 588  
Finance Leases    
2026 2  
2027 2  
2028 1  
2029 1  
2030 1  
Thereafter 1  
Total lease payments 8  
Less: Interest 1  
Total lease obligations, finance leases $ 7 $ 7
v3.25.4
Borrowings and Lines of Credit (Long-term Debt Obligations) (Details)
€ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2025
EUR (€)
Oct. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Feb. 28, 2018
USD ($)
Debt Instrument [Line Items]          
Long-term debt $ 7,297,000,000     $ 5,801,000,000  
Finance lease obligation 7,000,000     7,000,000  
Long-Term Debt, Adjustments Due To Derivatives (6,000,000)     (16,000,000)  
Long-term debt and finance lease obligations 7,304,000,000     5,808,000,000  
Less payments due within one year 702,000,000     932,000,000  
Long-term debt $ 6,602,000,000     4,876,000,000  
0.875% Notes Due 2025 [Member]          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 0.875% 0.875%      
Debt instrument, face amount | €   € 600      
Long-term debt $ 0     620,000,000  
1.875% Notes Due 2025 [Member]          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 1.875% 1.875%      
Debt instrument, face amount | €   € 300      
Long-term debt $ 0     310,000,000  
1.200% Notes due 2026          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 1.20% 1.20%      
Debt instrument, face amount $ 700,000,000        
Long-term debt $ 700,000,000     698,000,000  
1.400% Notes due 2027          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 1.40% 1.40%      
Debt instrument, face amount | €   € 600      
Long-term debt $ 704,000,000     619,000,000  
Term Loan Credit Agreement, Due 2028          
Debt Instrument [Line Items]          
Debt instrument, face amount | €   € 1,050      
Long-term debt $ 1,233,000,000     776,000,000  
3.75% Notes due 2028          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 3.75% 3.75%      
Debt instrument, face amount $ 800,000,000        
Long-term debt $ 801,000,000     $ 806,000,000  
Interest rate swaps         $ 375,000,000
Effective interest rates 5.50% 5.50%   6.40%  
Notional amount of non-derivative instruments $ 800        
Notes 2.5 Percent Due 2029          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 2.50% 2.50%      
Debt instrument, face amount | €   € 80      
Long-term debt $ 94,000,000     $ 83,000,000  
2.8% Notes due 2029          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 2.80% 2.80%      
Debt instrument, face amount $ 300,000,000        
Long-term debt $ 299,000,000     298,000,000  
2.750% Notes Due 2029          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 2.75% 2.75%      
Debt instrument, face amount | €   € 700      
Long-term debt $ 819,000,000     718,000,000  
2.55% Notes Due 2030 [Member]          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 2.55% 2.55%      
Debt instrument, face amount $ 300,000,000        
Long-term debt $ 298,000,000     297,000,000  
4.375% Notes Due 2031          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 4.375% 4.375% 4.375%    
Debt instrument, face amount $ 700,000,000   $ 700,000,000    
Long-term debt $ 692,000,000     0  
3.25% Notes Due 2032          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 3.25% 3.25%      
Debt instrument, face amount $ 900,000,000        
Long-term debt $ 1,047,000,000     0  
1.95% Notes due 2037          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 1.95% 1.95%      
Debt instrument, face amount | €   € 50      
Long-term debt $ 58,000,000     51,000,000  
Notes 7.70 Percent Due 2038          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 7.70% 7.70%      
Debt instrument, face amount $ 176,000,000        
Long-term debt $ 175,000,000     175,000,000  
Notes 5.5 Percent Due 2040          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 5.50% 5.50%      
Debt instrument, face amount $ 250,000,000        
Long-term debt $ 248,000,000     248,000,000  
Notes 3.0 Percent Due 2044          
Debt Instrument [Line Items]          
Debt instrument, interest rate, stated percentage 3.00% 3.00%      
Debt instrument, face amount | €   € 120      
Long-term debt $ 135,000,000     $ 118,000,000  
v3.25.4
Borrowings and Lines of Credit (Additional Information) (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Aug. 30, 2019
Oct. 31, 2025
USD ($)
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Jan. 31, 2025
USD ($)
Aug. 31, 2024
USD ($)
Jan. 31, 2024
USD ($)
Apr. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Aug. 31, 2019
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Mar. 31, 2025
EUR (€)
Feb. 28, 2021
USD ($)
Debt Instrument [Line Items]                              
Long-term debt                     $ 7,297,000 $ 5,801,000      
Debt instrument, covenant, total indebtedness to total capitalization ratio, maximum, percentage                   0.60          
Debt instrument, covenant, acquisition for consideration, minimum threshold                   $ 1,000,000          
Debt instrument, covenant, total indebtedness to total capitalization ratio, maximum when acquisition for consideration threshold is met, percentage                   0.65          
Debt instrument, total indebtedness to total capitalization, percentage                     0.47        
Repayments of debt                     $ 1,039,000 300,000 $ 300,000    
Outstanding letters of credit and surety bonds                     272,000 302,000      
International Operations                              
Debt Instrument [Line Items]                              
Lines of credit, current borrowing capacity                     436,000        
Minimum                              
Debt Instrument [Line Items]                              
Periodic payment amount                     100,000        
Commercial paper                              
Debt Instrument [Line Items]                              
Long-term commercial paper, noncurrent                     0        
4.375% Notes Due 2031                              
Debt Instrument [Line Items]                              
Debt instrument, face amount   $ 700,000                 700,000        
Proceeds from issuance of debt   $ 693,000   $ 940,000                      
Long-term debt                     $ 692,000 0      
Debt instrument, interest rate, stated percentage   4.375%                 4.375%        
Debt instrument, redemption price, percentage   101.00%                          
3.250% Notes Due 2032                              
Debt Instrument [Line Items]                              
Debt instrument, face amount | €                           € 900,000,000  
Debt instrument, interest rate, stated percentage                           3.25%  
Term Loan Credit Agreement, due 2024                              
Debt Instrument [Line Items]                              
Debt instrument, face amount                             $ 2,000,000
Repayments of debt                         $ 1,100,000    
Term Loan                              
Debt Instrument [Line Items]                              
Debt instrument, face amount               $ 500,000              
Proceeds from issuance of debt         $ 300,000   $ 250,000 $ 500,000              
Debt instrument, increase                     $ 300,000 250,000      
Credit Agreement | Revolving Credit Facility [Member] | Line of Credit                              
Debt Instrument [Line Items]                              
Debt instrument, term                     5 years        
Line of credit facility, maximum borrowing capacity   $ 2,300,000                          
Line of credit facility, accordion feature, increase limit   750,000                          
Long-term debt                       $ 0      
Credit Agreement | Revolving Credit Facility [Member] | Line of Credit | Minimum                              
Debt Instrument [Line Items]                              
Line of credit facility, unused capacity, commitment fee, percentage 0.06%                            
Credit Agreement | Revolving Credit Facility [Member] | Line of Credit | Maximum                              
Debt Instrument [Line Items]                              
Line of credit facility, unused capacity, commitment fee, percentage                     0.125%        
Credit Agreement, Due July 2029 | Term Loan                              
Debt Instrument [Line Items]                              
Line of credit facility, maximum borrowing capacity   2,148,000                          
Credit Agreement, Due July 2028 | Term Loan                              
Debt Instrument [Line Items]                              
Line of credit facility, maximum borrowing capacity   $ 152,000                          
0.875% Notes Due 2025 [Member]                              
Debt Instrument [Line Items]                              
Repayments of debt           $ 600,000                  
Debt instrument, interest rate, stated percentage           0.875%                  
1.875% Notes Due 2025 [Member]                              
Debt Instrument [Line Items]                              
Repayments of debt     $ 300,000                        
Debt instrument, interest rate, stated percentage     1.875%                        
2.4% Notes due 2024                              
Debt Instrument [Line Items]                              
Repayments of debt           $ 300,000                  
Debt instrument, interest rate, stated percentage           2.40%                  
3.2% Notes Due 2023                              
Debt Instrument [Line Items]                              
Repayments of debt                 $ 300,000            
Debt instrument, interest rate, stated percentage                 3.20%            
v3.25.4
Borrowings and Lines of Credit (Long-term Debt Maturities) (Details)
$ in Millions
Dec. 31, 2025
USD ($)
Debt Disclosure [Abstract]  
2026 $ 702
2027 702
2028 2,023
2029 1,212
2030 295
Thereafter $ 2,370
v3.25.4
Borrowings and Lines of Credit (Short-term Debt Outstanding) (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Debt Disclosure [Abstract]    
Short-term borrowings $ 4 $ 7
v3.25.4
Financial Instruments, Hedging Activities and Fair Value Measurements (Additional Information) (Detail)
€ in Billions
12 Months Ended
Dec. 31, 2025
EUR (€)
Dec. 31, 2024
EUR (€)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Derivative Instruments and Hedging Activities Disclosure [Line Items]            
Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimate of Time to Transfer 3 years          
Fair value of debt instrument designated as hedge of net investment in foreign operations     $ 4,100,000,000 $ 3,300,000,000    
Translation gain (loss) in other comprehensive income (loss)     8,097,000,000 6,962,000,000 $ 8,023,000,000 $ 6,709,000,000
Net Investment Hedging            
Derivative Instruments and Hedging Activities Disclosure [Line Items]            
Notional amount of nonderivative instruments | € € 3.5 € 3.2        
Foreign Currency Contracts            
Derivative Instruments and Hedging Activities Disclosure [Line Items]            
Notional amount of derivative instruments designated as net investment hedges     2,900,000,000 2,800,000,000    
Foreign currency contracts, liability, fair value disclosure     1,000,000 53,000,000    
Interest Rate Swap            
Derivative Instruments and Hedging Activities Disclosure [Line Items]            
Notional amount of derivative instruments designated as net investment hedges       375,000,000    
Interest rate derivatives, at fair value, net       16,000,000    
Cross Currency Swaps            
Derivative Instruments and Hedging Activities Disclosure [Line Items]            
Derivative instruments in hedges, net investment in foreign operations, assets, fair value, net     11,000,000 50,000,000    
Currency Swap            
Derivative Instruments and Hedging Activities Disclosure [Line Items]            
Notional amount of derivative instruments designated as net investment hedges     375,000,000      
Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest            
Derivative Instruments and Hedging Activities Disclosure [Line Items]            
Translation gain (loss) in other comprehensive income (loss)     $ (572,000,000) $ 460,000,000    
v3.25.4
Financial Instruments, Hedging Activities and Fair Value Measurements (Fair Value, Cash Flow and Net Investment Hedges) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Fair Value Hedging      
Derivatives, Fair Value [Line Items]      
Gain (Loss) Recognized Amount $ (3) $ (10) $ (10)
Fair Value Hedging | Foreign Currency Contracts      
Derivatives, Fair Value [Line Items]      
Gain (Loss) Recognized Amount (3) (10) (10)
Net Investment Hedging      
Derivatives, Fair Value [Line Items]      
Derivative financial instruments (572) 237 (104)
Gain (Loss) Recognized Amount 8 9 12
Net Investment Hedging | Currency Swap      
Derivatives, Fair Value [Line Items]      
Derivative financial instruments (39) 20 (15)
Gain (Loss) Recognized Amount 8 9 12
Net Investment Hedging | Other Foreign Currency Denominated Debt      
Derivatives, Fair Value [Line Items]      
Derivative financial instruments (533) 217 (89)
Economic Hedging | Foreign Currency Contracts      
Derivatives, Fair Value [Line Items]      
Gain (Loss) Recognized Amount $ 86 $ 43 $ 49
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Other Nonoperating Income (Expense) Other Nonoperating Income (Expense) Other Nonoperating Income (Expense)
v3.25.4
Financial Instruments, Hedging Activities and Fair Value Measurements (Assets and Liabilities Reported at Fair Value on a Recurring Basis) (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Level 1 | Other Current Assets | Marketable Equity Securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets reported at fair value on a recurring basis $ 10 $ 9
Level 1 | Other Long-Term Investments | Marketable Equity Securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets reported at fair value on a recurring basis 79 85
Level 2 | Foreign Currency Contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liabilities reported at fair value on a recurring basis $ 4 $ 58
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Accounts payable and accrued liabilities Accounts payable and accrued liabilities
Level 2 | Cross Currency Swaps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liabilities reported at fair value on a recurring basis $ 6 $ 16
Level 2 | Currency Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets reported at fair value on a recurring basis 15 50
Liabilities reported at fair value on a recurring basis 4  
Not Designated as Hedging Instrument [Member] | Level 2 | Foreign Currency Contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets reported at fair value on a recurring basis $ 5 $ 5
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other current assets Other current assets
v3.25.4
Financial Instruments, Hedging Activities and Fair Value Measurements (Long-Term Debt) (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Fair Value Disclosures [Abstract]    
Long-term debt $ 7,297 $ 5,801
Long-term debt (excluding capital lease obligations), fair values 7,215 5,634
Total lease obligations, finance leases 7 7
Short-term borrowings $ 4 $ 7
v3.25.4
Earnings Per Common Share (Additional Detail) (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Earnings per common share (attributable to PPG)      
Income from continuing operations, net of tax $ 1,571 $ 1,344 $ 1,223
Income/(loss) from discontinued operations, net of tax 5 (228) 47
Net income (attributable to PPG) $ 1,576 $ 1,116 $ 1,270
Weighted average common shares outstanding 226.3 233.8 236.0
Effect of dilutive securities:      
Stock options 0.1 0.4 0.5
Other stock compensation plans 0.7 0.7 0.7
Potentially dilutive common shares 0.8 1.1 1.2
Adjusted weighted average common shares outstanding 227.1 234.9 237.2
Earnings per common share (attributable to PPG)      
Continuing operations (in dollars per share) $ 6.94 $ 5.75 $ 5.18
Discontinued operations (in dollars per share) 0.02 (0.98) 0.20
Net Income (attributable to PPG) (in dollars per share) 6.96 4.77 5.38
Earnings per common share - assuming dilution (attributable to PPG)      
Continuing operations (in dollars per share) 6.92 5.72 5.16
Discontinued operations (in dollars per share) 0.02 (0.97) 0.19
Earnings per common share - assuming dilution (in dollars per share) $ 6.94 $ 4.75 $ 5.35
Outstanding stock options excluded from the computation of diluted earnings per share due to their antidilutive effect 3.4 1.3 0.9
v3.25.4
Income Taxes (Components of Income Tax Expense) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Current      
U.S. federal $ 62 $ 67 $ 95
U.S. state and local 4 15 14
Foreign 419 490 506
Total current income tax expense 485 572 615
Deferred      
U.S. federal (30) (2) (156)
U.S. state and local (3) (8) (15)
Foreign 6 (87) (16)
Total deferred income tax benefit (27) (97) (187)
Total income tax expense $ 458 $ 475 $ 428
v3.25.4
Income Taxes (Reconciliation of Statutory U.S. Corporate Federal Income Tax Rate to Effective Income Tax Rate, Current Year) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Amount      
U.S. federal income tax rate $ 429    
Tax credits (33)    
Changes in unrecognized tax benefits (39)    
Return to provision (25)    
Total income tax expense $ 458 $ 475 $ 428
Percent      
U.S. federal income tax rate 21.00% 21.00% 21.00%
Tax rate differential   0.90% (0.90%)
Other adjustments   (1.20%) 0.90%
Tax credits (1.60%)    
Changes in unrecognized tax benefits (1.90%)    
Return to provision (1.20%)    
Effective income tax rate 22.40% 25.60% 25.30%
Mexico      
Amount      
Tax rate differential $ 55    
Nontaxable inflationary effect (23)    
Other adjustments $ 34    
Percent      
Tax rate differential 2.70%    
Nontaxable inflationary effect (1.10%)    
Other adjustments 1.60%    
Singapore      
Amount      
Other adjustments $ (2)    
Nontaxable gain on sale $ (45)    
Percent      
Other adjustments (0.10%)    
Nontaxable gain on sale (2.20%)    
Switzerland      
Amount      
Other adjustments $ (11)    
Nondeductible loss on sale $ 45    
Percent      
Other adjustments (0.60%)    
Nondeductible loss on sale 2.20%    
Other      
Amount      
Tax rate differential $ 61    
Percent      
Tax rate differential 3.00%    
United States      
Amount      
Other adjustments $ 12    
Percent      
Other adjustments 0.60%    
v3.25.4
Income Taxes (Reconciliation of Statutory U.S. Corporate Federal Income Tax Rate to Effective Income Tax Rate, Prior Year) (Details)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]      
U.S. federal income tax rate 21.00% 21.00% 21.00%
Percent      
Taxes on non-U.S. earnings   4.80% 4.30%
Change in valuation allowance reserves   3.50% 3.60%
Other foreign tax effects   (4.70%) (2.80%)
Pillar 2 global minimum tax   0.80% 0.00%
Impairment and other related charges, net   (0.002) 0.020
Uncertain tax positions   1.20% (1.80%)
U.S. tax cost/(benefit) on foreign operations   (0.90%) 0.90%
U.S. tax incentives   0.80% 0.80%
Tax benefits from equity awards   0.00% (0.20%)
U.S. state and local taxes   0.30% 0.00%
Other adjustments   (1.20%) 0.90%
Effective income tax rate 22.40% 25.60% 25.30%
v3.25.4
Income Taxes (Additional Information) (Detail)
$ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
subsidiary
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Income Taxes [Line Items]      
Effective income tax rate 22.40% 25.60% 25.30%
SEC Schedule, 12-09, Valuation Allowances and Reserves, Amount $ 258 $ 327  
Undistributed earnings of foreign subsidiaries $ 7,500    
Number of PPG subsidiaries | subsidiary 220    
Income tax, potential U.S. tax cost for repatriation of foreign earnings $ 167    
Unrecognized tax benefits that would affect the effective tax rate, if recognized 94    
Domestic Tax Jurisdiction      
Income Taxes [Line Items]      
Income before income taxes of non-US operations 293 210 $ (129)
Non United States      
Income Taxes [Line Items]      
Income before income taxes of non-US operations $ 1,752 $ 1,642 $ 1,819
v3.25.4
Income Taxes (Net Deferred Income Tax Assets and Liabilities) (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Income Tax Examination [Line Items]    
Employee benefits $ 203 $ 215
Contingent and accrued liabilities 98 105
Operating loss and other carry-forwards 324 389
Operating lease liabilities 145 144
Research and development amortization 304 259
Other 258 280
Valuation allowance 258 327
Deferred tax assets, net of valuation allowance 1,074 1,065
Property 201 268
Intangibles 643 607
Employee benefits 43 39
Operating lease right-of-use assets 150 148
Other 13 105
Deferred tax liabilities, gross 1,050 1,167
Deferred tax assets, net 24  
Deferred tax liabilities, net   102
Net operating loss carryforwards 190 235
Income tax credit carryforwards 128 112
Income tax, potential U.S. tax cost for repatriation of foreign earnings 167  
Deferred income tax assets related to    
Employee benefits 203 215
Contingent and accrued liabilities 98 105
Operating loss and other carry-forwards 324 389
Operating lease liabilities 145 144
Research and development amortization 304 259
Other 258 280
Valuation allowance (258) (327)
Total 1,074 1,065
Deferred income tax liabilities related to    
Property 201 268
Intangibles 643 607
Employee benefits 43 39
Operating lease right-of-use assets 150 148
Other 13 105
Total 1,050 1,167
Deferred income tax assets/(liabilities) – net   (102)
Net Operating Loss, Indefinite Life    
Income Tax Examination [Line Items]    
Net operating loss carryforwards 95 85
Net Operating Loss, Expiring Within 20 Years    
Income Tax Examination [Line Items]    
Net operating loss carryforwards $ 95 $ 150
v3.25.4
Income Taxes (Unrecognized Tax Benefits) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Unrecognized Tax Benefits [Roll Forward]      
Beginning balance $ 141 $ 121 $ 145
Current year tax positions - additions 21 8 16
Prior year tax positions - additions 13 43 33
Prior year tax positions - reductions 0 (1) (14)
Statute of limitations expirations (15) (20) (9)
Settlements (14) (6) (51)
Resolution of tax matter (44) 0 0
Foreign currency translation 9 (4) 1
Ending balance 111 141 121
Accrued interest and penalties related to unrecognized tax benefits 11 11 14
(Income)/loss recognized in income tax expense related to interest and penalties $ (1) $ (2) $ (2)
v3.25.4
Income Taxes (Income Taxes Paid) (Details)
$ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Federal $ 7
State (5)
Total taxes paid, net of refunds 438
Mexico  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign 205
China  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign 56
France  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign 25
Netherlands  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign 25
Switzerland  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign (27)
Other  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign $ 152
v3.25.4
Employee Benefit Plans (Additional Information) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2026
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Pension settlement charge   $ 0 $ 0 $ 190
Reduction in projected benefit obligation due to non-cash settlement charge       $ 309
ABO for all defined benefit pension plans   $ 2,100 $ 2,000  
Return on plan assets assumption   6.70% 6.60% 6.50%
Impact on net periodic pension expense   $ 6    
Weighted-average healthcare cost trend rate assumed for next fiscal year   6.60%    
Assumed ultimate health care cost trend rate   3.90%    
Aggregate PBO for the pension plans with PBO in excess of plan assets   $ 1,343 $ 1,307  
Aggregate fair value of plan assets for the pension plans with PBO in excess of plan assets   761 717  
Aggregate ABO for the pension plans with ABO in excess of plan assets   1,300 1,274  
Fair value of plan assets for the pension plans with ABO in excess of plan assets   $ 746 712  
Defined Contribution Plan Contribution Rates As Percentage Of Employees Earnings   6.00%    
Minimum        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Defined Contribution Plan Contribution Rates As Percentage Of Employees Earnings   2.00%    
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year   $ 20    
Maximum        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Defined Contribution Plan Contribution Rates As Percentage Of Employees Earnings   5.00%    
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year   $ 30    
Scenario, Forecast        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Impact on net periodic pension expense $ 4      
Weighted-average healthcare cost trend rate assumed for next fiscal year 5.60%      
Assumed ultimate health care cost trend rate 4.00%      
Pension Plan        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Contributions to defined benefit pension plans   29 26  
Defined Benefit Plan, Benefit Obligation, Benefits Paid   128 120  
Net actuarial loss/(gain) arising during the year   47    
Estimated future benefit payments in 2022   150    
Estimated future benefit payments in 2023   149    
Estimated future benefit payments in 2024   148    
Estimated future benefit payments in 2025   151    
Estimated future benefit payments in 2026   157    
Estimated aggregate future benefits payments for the five years thereafter   810    
Other Postretirement Benefits        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Defined Benefit Plan, Benefit Obligation, Benefits Paid   34 39  
Net actuarial loss/(gain) arising during the year   (16)    
Estimated future benefit payments in 2022   40    
Estimated future benefit payments in 2023   39    
Estimated future benefit payments in 2024   38    
Estimated future benefit payments in 2025   36    
Estimated future benefit payments in 2026   35    
Estimated aggregate future benefits payments for the five years thereafter   160    
Other Postretirement Benefits | Scenario, Forecast        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Impact on net periodic pension expense $ 1      
United States        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Contributions to defined benefit pension plans   $ 27 24 $ 28
Return on plan assets assumption   7.70%    
Percentage of defined benefit pension plan assets market value   92.00%    
United States | Scenario, Forecast        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Return on plan assets assumption 7.70%      
United States | Pension Plan        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Contributions to defined benefit pension plans   $ 27 24  
Defined Benefit Plan, Benefit Obligation, Benefits Paid   71 67  
United States | Other Postretirement Benefits        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Defined Benefit Plan, Benefit Obligation, Benefits Paid   30 35  
International        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Contributions to defined benefit pension plans   2 2 $ 18
International | Scenario, Forecast        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Return on plan assets assumption 7.10%      
International | Pension Plan        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Contributions to defined benefit pension plans   2 2  
Defined Benefit Plan, Benefit Obligation, Benefits Paid   57 53  
International | Other Postretirement Benefits        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Defined Benefit Plan, Benefit Obligation, Benefits Paid   $ 4 $ 4  
Canada, Netherlands, And United Kingdom        
Pension and Other Postretirement Benefits Disclosure [Line Items]        
Percentage of defined benefit pension plan assets market value   92.00%    
v3.25.4
Employee Benefit Plans (Changes in Projected Benefit Obligations, Plan Assets and Funded Status) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Beginning balance $ 1,580    
End balance 1,656 $ 1,580  
Amounts recognized in the Consolidated Balance Sheet:      
Accounts payable and accrued liabilities (75) (76)  
Other postretirement benefits (392) (410)  
Accrued pensions (550) (558)  
Pension Plan      
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Projected benefit obligation, Beginning of year 2,027 2,211  
Service cost 9 8 $ 7
Interest cost 104 103 111
Actuarial losses/(gains) 27 (90)  
Benefits paid (128) (120)  
Foreign currency translation adjustments 99 (54)  
Settlements (23) (32)  
Other 0 1  
Projected benefit obligation, End of year 2,115 2,027 2,211
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Beginning balance 1,580 1,720  
Actual return on plan assets 85 (8)  
Company contributions 29 26  
Benefits paid (98) (93)  
Plan settlements (15) (25)  
Foreign currency translation adjustments 80 (37)  
Other (5) (3)  
End balance 1,656 1,580 1,720
Funded Status (459) (447)  
Amounts recognized in the Consolidated Balance Sheet:      
Other assets (long-term) 126 144  
Accounts payable and accrued liabilities (35) (33)  
Accrued pensions (550) (558)  
Net liability recognized (459) (447)  
Other Postretirement Benefits      
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Projected benefit obligation, Beginning of year 453 495  
Service cost 3 3 4
Interest cost 23 23 27
Actuarial losses/(gains) (16) (24)  
Benefits paid (34) (39)  
Foreign currency translation adjustments 1 (5)  
Other 2 0  
Projected benefit obligation, End of year 432 453 495
Amounts recognized in the Consolidated Balance Sheet:      
Accounts payable and accrued liabilities (40) (43)  
Other postretirement benefits (392) (410)  
Net liability recognized (432) (453)  
United States      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Company contributions 27 24 28
United States | Pension Plan      
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Projected benefit obligation, Beginning of year 1,055 1,143  
Service cost 0 0  
Interest cost 55 55  
Actuarial losses/(gains) 28 (57)  
Benefits paid (71) (67)  
Foreign currency translation adjustments 0 0  
Settlements 0 (19)  
Other 0 0  
Projected benefit obligation, End of year 1,067 1,055 1,143
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Beginning balance 694 731  
Actual return on plan assets 67 7  
Company contributions 27 24  
Benefits paid (53) (49)  
Plan settlements 0 (19)  
Foreign currency translation adjustments 0 0  
Other 0 0  
End balance 735 694 731
Funded Status (332) (361)  
Amounts recognized in the Consolidated Balance Sheet:      
Other assets (long-term) 0 0  
Accounts payable and accrued liabilities (18) (18)  
Accrued pensions (314) (343)  
Net liability recognized (332) (361)  
United States | Other Postretirement Benefits      
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Projected benefit obligation, Beginning of year 390 424  
Service cost 2 3  
Interest cost 20 20  
Actuarial losses/(gains) (8) (22)  
Benefits paid (30) (35)  
Foreign currency translation adjustments 0 0  
Other 0 0  
Projected benefit obligation, End of year 374 390 424
Amounts recognized in the Consolidated Balance Sheet:      
Accounts payable and accrued liabilities (36) (39)  
Other postretirement benefits (338) (351)  
Net liability recognized (374) (390)  
International      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Company contributions 2 2 18
International | Pension Plan      
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Projected benefit obligation, Beginning of year 972 1,068  
Service cost 9 8  
Interest cost 49 48  
Actuarial losses/(gains) (1) (33)  
Benefits paid (57) (53)  
Foreign currency translation adjustments 99 (54)  
Settlements (23) (13)  
Other 0 1  
Projected benefit obligation, End of year 1,048 972 1,068
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Beginning balance 886 989  
Actual return on plan assets 18 (15)  
Company contributions 2 2  
Benefits paid (45) (44)  
Plan settlements (15) (6)  
Foreign currency translation adjustments 80 (37)  
Other (5) (3)  
End balance 921 886 989
Funded Status (127) (86)  
Amounts recognized in the Consolidated Balance Sheet:      
Other assets (long-term) 126 144  
Accounts payable and accrued liabilities (17) (15)  
Accrued pensions (236) (215)  
Net liability recognized (127) (86)  
International | Other Postretirement Benefits      
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Projected benefit obligation, Beginning of year 63 71  
Service cost 1 0  
Interest cost 3 3  
Actuarial losses/(gains) (8) (2)  
Benefits paid (4) (4)  
Foreign currency translation adjustments 1 (5)  
Other 2 0  
Projected benefit obligation, End of year 58 63 $ 71
Amounts recognized in the Consolidated Balance Sheet:      
Accounts payable and accrued liabilities (4) (4)  
Other postretirement benefits (54) (59)  
Net liability recognized $ (58) $ (63)  
v3.25.4
Employee Benefit Plans (Accumulated Other Comprehensive Loss Pretax Amounts Not Yet Reflected in Net Periodic Benefit Cost) (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Pension Plan    
Defined Benefit Plan Disclosure [Line Items]    
Accumulated net actuarial losses/(gains) $ 707 $ 670
Accumulated prior service credit 0 0
Total 707 670
Other Postretirement Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Accumulated net actuarial losses/(gains) (53) (37)
Accumulated prior service credit (11) (16)
Total $ (64) $ (53)
v3.25.4
Employee Benefit Plans (Change in Accumulated Other Comprehensive Loss (Pretax) Relating to Defined Benefit Pension and Other Postretirement Benefits) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Other Postretirement Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Net actuarial loss/(gain) arising during the year $ (16)    
Amortization of actuarial (loss)/gain (1) $ (1) $ (1)
Amortization of prior service credit 5 4 7
Foreign currency translation adjustments (1)    
Impact of settlements 0    
Net decrease (11)    
Pension Plan      
Defined Benefit Plan Disclosure [Line Items]      
Net actuarial loss/(gain) arising during the year 47    
Amortization of actuarial (loss)/gain 23 22 $ 21
Amortization of prior service credit 0 $ (1)  
Foreign currency translation adjustments 19    
Impact of settlements (6)    
Net decrease $ 37    
v3.25.4
Employee Benefit Plans (Net Periodic Benefit Costs) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Other Postretirement Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Service cost $ 3 $ 3 $ 4
Interest cost 23 23 27
Amortization of prior service cost (5) (4) (7)
Amortization of actuarial losses/(gains) (1) (1) (1)
Settlements, curtailments, and special termination benefits     2
Net periodic benefit cost 20 21 21
Pension Plan      
Defined Benefit Plan Disclosure [Line Items]      
Service cost 9 8 7
Interest cost 104 103 111
Expected return on plan assets 105 109 110
Amortization of prior service cost 0 1  
Amortization of actuarial losses/(gains) 23 22 21
Settlements, curtailments, and special termination benefits 6 11 192
Net periodic benefit cost $ 37 $ 36 $ 221
v3.25.4
Employee Benefit Plans (Weighted Average Assumptions Used to Determine Benefit Obligation for Defined Benefit Pension and Other Postretirement Plans) (Detail)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]      
Discount rate used to calculate benefit obligation 5.30% 5.30%  
Rate of compensation increase 2.90% 2.90%  
Return on plan assets assumption 6.70% 6.60% 6.50%
United States      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate used to calculate benefit obligation 5.40% 5.70%  
Rate of compensation increase 2.50% 2.50%  
Return on plan assets assumption 7.70%    
International      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate used to calculate benefit obligation 5.10% 4.80%  
Rate of compensation increase 3.40% 3.30%  
v3.25.4
Employee Benefit Plans (Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost for Defined Benefit Pension and Other Postretirement Plans) (Detail)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Discount rate used to calculate benefit obligation 5.30% 5.30%  
Discount rate 5.30% 4.90% 5.20%
Expected return on assets 6.70% 6.60% 6.50%
Rate of compensation increase 2.90% 2.80% 2.70%
United States      
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Discount rate used to calculate benefit obligation 5.40% 5.70%  
Expected return on assets 7.70%    
v3.25.4
Employee Benefit Plans (Weighted Average Target Pension Plan Asset Allocations) (Detail)
Dec. 31, 2025
Dec. 31, 2024
Minimum | Equity Securities    
Asset Category    
Weighted average target pension plan asset allocation, minimum 15.00% 15.00%
Minimum | Debt securities    
Asset Category    
Weighted average target pension plan asset allocation, minimum 30.00% 30.00%
Minimum | Real Estate    
Asset Category    
Weighted average target pension plan asset allocation, minimum 0.00% 0.00%
Minimum | Other    
Asset Category    
Weighted average target pension plan asset allocation, minimum 20.00% 20.00%
Maximum | Equity Securities    
Asset Category    
Weighted average target pension plan asset allocation, minimum 45.00% 45.00%
Maximum | Debt securities    
Asset Category    
Weighted average target pension plan asset allocation, minimum 65.00% 65.00%
Maximum | Real Estate    
Asset Category    
Weighted average target pension plan asset allocation, minimum 10.00% 10.00%
Maximum | Other    
Asset Category    
Weighted average target pension plan asset allocation, minimum 40.00% 40.00%
v3.25.4
Employee Benefit Plans (Fair Values of the Company's Pension Plan Assets by Asset Category) (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets $ 1,656 $ 1,580  
Fair Value, Inputs, Level 1, 2 and 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 1,162 1,119  
Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 179 177  
Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 418 371  
Level 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 565 571 $ 599
Fair Value Measured at Net Asset Value Per Share      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 494 461  
Defined Benefit Plan, Equity Securities, US, Large Cap | Fair Value, Inputs, Level 1, 2 and 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 161 134  
Defined Benefit Plan, Equity Securities, US, Large Cap | Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 89 80  
Defined Benefit Plan, Equity Securities, US, Large Cap | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 72 54  
Defined Benefit Plan, Equity Securities, US, Large Cap | Level 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 0 0  
Defined Benefit Plan, Equity Securities, US, Small Cap | Fair Value, Inputs, Level 1, 2 and 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 24 18  
Defined Benefit Plan, Equity Securities, US, Small Cap | Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 24 18  
Defined Benefit Plan, Equity Securities, US, Small Cap | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 0 0  
Defined Benefit Plan, Equity Securities, US, Small Cap | Level 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 0 0  
Defined Benefit Plan, Equity Securities, Non-US | Fair Value, Inputs, Level 1, 2 and 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 115 102  
Defined Benefit Plan, Equity Securities, Non-US | Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 64 68  
Defined Benefit Plan, Equity Securities, Non-US | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 51 34  
Defined Benefit Plan, Equity Securities, Non-US | Level 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 0 0  
Defined Benefit Plan, Cash and Cash Equivalents | Fair Value, Inputs, Level 1, 2 and 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 45 44  
Defined Benefit Plan, Cash and Cash Equivalents | Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 2 11  
Defined Benefit Plan, Cash and Cash Equivalents | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 43 33  
Defined Benefit Plan, Cash and Cash Equivalents | Level 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 0 0  
Debt Security, Diverse Portfolio | Fair Value, Inputs, Level 1, 2 and 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 13 45  
Debt Security, Diverse Portfolio | Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 0 0  
Debt Security, Diverse Portfolio | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 13 45  
Debt Security, Diverse Portfolio | Level 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 0 0  
Other | Fair Value, Inputs, Level 1, 2 and 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 247 241  
Other | Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 0 0  
Other | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 1 2  
Other | Level 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 246 239  
Defined Benefit Plan, Real Estate, Hedge Funds, And Other [Member] | Fair Value, Inputs, Level 1, 2 and 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 557 535  
Defined Benefit Plan, Real Estate, Hedge Funds, And Other [Member] | Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 0 0  
Defined Benefit Plan, Real Estate, Hedge Funds, And Other [Member] | Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets 238 203  
Defined Benefit Plan, Real Estate, Hedge Funds, And Other [Member] | Level 3      
Defined Benefit Plan Disclosure [Line Items]      
Fair values of pension plan assets $ 319 $ 332  
v3.25.4
Employee Benefit Plans (Change in Fair Value of Company's Level 3 Pension Assets) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]    
Beginning balance $ 1,580  
End balance 1,656 $ 1,580
Level 3    
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]    
Beginning balance 571 599
Realized gains (2) 13
Unrealized (losses)/gains 12 0
Transfers (out)/in, net (61) (21)
Foreign currency losses 45 (20)
End balance 565 571
Level 3 | Real Estate    
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]    
Beginning balance 87 119
Realized gains 2 2
Unrealized (losses)/gains 2 (5)
Transfers (out)/in, net (11) (28)
Foreign currency losses 1 (1)
End balance 81 87
Level 3 | Other Debt Securities    
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]    
Beginning balance 239 258
Realized gains (11) 9
Unrealized (losses)/gains 0 0
Transfers (out)/in, net (13) (12)
Foreign currency losses 31 (16)
End balance 246 239
Level 3 | Hedge Funds and Other Assets    
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]    
Beginning balance 245 222
Realized gains 7 2
Unrealized (losses)/gains 10 5
Transfers (out)/in, net (37) 19
Foreign currency losses 13 (3)
End balance $ 238 $ 245
v3.25.4
Employee Benefit Plans (Other Plans) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]      
Defined contribution plan contribution rates as percentage of employee earnings 6.00%    
Defined Contribution Plan, Employer Matching Contribution, Percent of Match 100.00%    
Compensation expense related to the ESOP $ 38 $ 52 $ 49
Deductible dividends on PPG shares held by the ESOP 10 11 11
Recognized expense for defined contribution pension plans 100 97 83
Expense (income) of the deferred compensation plan 16 25 23
Increase (Decrease) in fair value of investments 16 23 $ 21
Obligations under the deferred compensation plan 116 125  
Investments in marketable securities by the deferred compensation plan $ 89 $ 94  
Minimum      
Defined Benefit Plan Disclosure [Line Items]      
Defined contribution plan contribution rates as percentage of employee earnings 2.00%    
Maximum      
Defined Benefit Plan Disclosure [Line Items]      
Defined contribution plan contribution rates as percentage of employee earnings 5.00%    
v3.25.4
Commitments and Contingent Liabilities (Asbestos Matters) (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Asbestos Issue    
Commitments and Contingencies Disclosure [Line Items]    
Loss contingency accrual $ 43 $ 45
v3.25.4
Commitments and Contingent Liabilities (Environmental Matters) (Detail) - USD ($)
$ in Millions
12 Months Ended 60 Months Ended
Dec. 31, 2026
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2029
Environmental Matters [Abstract]          
Reserves for environmental contingencies   $ 206 $ 222    
Environmental Loss Contingency, Statement of Financial Position [Extensible Enumeration]   Other liabilities      
Environmental Loss Contingency, Current, Statement of Financial Position [Extensible Enumeration]   Accounts payable and accrued liabilities      
Reserves for environmental contingencies classified as current liabilities   $ 57 39    
Pretax charges for environmental remediation costs   $ 18 $ 30 $ 35  
Environmental Remediation Expense, Statement of Income or Comprehensive Income [Extensible Enumeration]   Other Nonoperating Income (Expense) Other Nonoperating Income (Expense) Other Nonoperating Income (Expense)  
Cash outlays related to environmental remediation   $ 24 $ 28 $ 31  
Historical low end of range of annual environmental remediation expense over the past 15 years   5      
Historical high end of range of annual environmental remediation expense over the past 15 years   $ 40      
Remediation Period   10 years      
Scenario, Forecast | Maximum          
Environmental Matters [Abstract]          
Cash for environmental loss contingencies, high estimate         $ 60
Unreserved loss contingencies related to environmental matters, high estimate $ 200        
Scenario, Forecast | Minimum          
Environmental Matters [Abstract]          
Cash for environmental loss contingencies, low estimate         $ 20
Unreserved loss contingencies related to environmental matters, high estimate $ 100        
Excavation of Soil          
Environmental Matters [Abstract]          
Percentage of the total remaining reserve   65.00%      
Groundwater Remediation          
Environmental Matters [Abstract]          
Percentage of the total remaining reserve   10.00%      
Jersey City Manufacturing Plant          
Environmental Matters [Abstract]          
Reserves for environmental contingencies   $ 56 58    
Pretax charges for environmental remediation costs   9 16 7  
Glass and Chemical Sites          
Environmental Matters [Abstract]          
Reserves for environmental contingencies   45 51    
Pretax charges for environmental remediation costs   7 5 5  
Other Environmental Contingencies          
Environmental Matters [Abstract]          
Reserves for environmental contingencies   105 113    
Pretax charges for environmental remediation costs   2 9 23  
Legacy PPG Manufacturing Sites          
Environmental Matters [Abstract]          
Pretax charges for environmental remediation costs   $ 16 $ 24 $ 24  
v3.25.4
Shareholders' Equity (Summary of Shares Outstanding) (Detail) - $ / shares
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Shareholders' Equity Note [Line Items]      
Preferred stock without par value (in dollars per share) $ 10,000,000    
Common stock, par or stated value per share (in dollars per share) $ 1.667    
Shares of common stock authorized 1,200,000,000    
Per share cash dividends paid (in dollars per share) $ 2.78 $ 2.66 $ 2.54
Increase (Decrease) in Stockholders' Equity [Roll Forward]      
Beginning balance (in shares) 229,927,883 235,210,854 235,073,926
Beginning balance (in shares) 229,927,883 235,210,854 235,073,926
Purchases (in shares) (6,876,495) (5,838,606) (673,638)
Issuances (in shares) 375,560 555,635 810,566
Ending balance (in shares) 223,426,948 229,927,883 235,210,854
Ending balance (in shares) 223,426,948 229,927,883 235,210,854
Common Stock      
Increase (Decrease) in Stockholders' Equity [Roll Forward]      
Beginning balance (in shares) 581,146,136 581,146,136 581,146,136
Beginning balance (in shares) 581,146,136 581,146,136 581,146,136
Ending balance (in shares) 581,146,136 581,146,136 581,146,136
Ending balance (in shares) 581,146,136 581,146,136 581,146,136
Treasury Stock      
Increase (Decrease) in Stockholders' Equity [Roll Forward]      
Beginning balance (in shares) 351,218,253 345,935,282 346,072,210
Beginning balance (in shares) 351,218,253 345,935,282 346,072,210
Purchases (in shares) (6,876,495) (5,838,606) (673,638)
Issuances (in shares) 375,560 555,635 810,566
Ending balance (in shares) 357,719,188 351,218,253 345,935,282
Ending balance (in shares) 357,719,188 351,218,253 345,935,282
v3.25.4
Accumulated Other Comprehensive Loss (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance $ 6,962 $ 8,023 $ 6,709
Ending balance 8,097 6,962 8,023
Unrealized foreign currency translation adjustment, tax (34) 105 47
Adjustment for pension and other postretirement benefits, tax 9 (12) 20
Foreign Currency Translation Adjustments      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (2,651) (1,746) (2,254)
Current year deferrals to AOCL 809 (1,122) 475
Reclassifications from AOCL to net income 140 217 33
Ending balance (1,702) (2,651) (1,746)
Pension and Other Post retirement Benefit Adjustments, net of tax      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (458) (494) (557)
Current year deferrals to AOCL (36) 15 (93)
Reclassifications from AOCL to net income 19 21 156
Ending balance (475) (458) (494)
Unrealized Gain (Loss) on Derivatives, net of tax      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance 1 1 1
Current year deferrals to AOCL 0 0 0
Reclassifications from AOCL to net income 0 0 0
Ending balance 1 1 1
Accumulated Other Comprehensive Loss      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Beginning balance (3,108) (2,239) (2,810)
Current year deferrals to AOCL 773 (1,107) 382
Reclassifications from AOCL to net income 159 238 189
Ending balance $ (2,176) $ (3,108) $ (2,239)
v3.25.4
Other (Income)/Charges, Net (Detail) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Nov. 25, 2024
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Site Contingency [Line Items]          
Environmental charges     $ 18 $ 30 $ 35
Pension and other postretirement benefit plans, non-service cost components     45 43 39
Resolution of tax matter   $ 41 41 0 0
Share of net earnings of equity affiliates (See Note 5)     (19) (20) (21)
(Gain)/loss on sale of businesses     (18) (129) 23
Insurance recoveries     (6) (4) (16)
Income from legal settlement   (12) (12) 0 0
Foreign currency translation charge     0 110 0
Royalty income     (12) (10) (10)
Other income, net     (31) (28)  
Other expense, net         30
Total Other charges/(income), net     6 (8) 80
Gain on sale of production facility         22
Incurred cost     39 239  
Accumulated Currency Losses | 2024 Cost Reduction Program          
Site Contingency [Line Items]          
Incurred cost   110      
Discontinued Operations, Disposed of by Sale | Silicas Products Business          
Site Contingency [Line Items]          
Gain (loss) on disposal of discontinued operation, net of tax $ 129 $ 129   129  
Legacy PPG Manufacturing Sites          
Site Contingency [Line Items]          
Environmental charges     $ 16 $ 24 $ 24
v3.25.4
Stock-Based Compensation (Activity) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]      
Stock-based compensation expense $ 46 $ 42 $ 56
Total income tax benefit recognized related to the stock-based compensation $ 10 $ 9 $ 11
v3.25.4
Stock-Based Compensation (Additional Information) (Detail) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Maximum term of the outstanding stock options for the PPG Omnibus Plan and the PPG Stock Plan for certain employees 10 years    
Weighted average fair value of options granted (in dollars per share) $ 32.93 $ 43.83 $ 38.55
Granted 287,940    
Granted (in dollars per share) $ 113.11    
Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period 36 months    
Employee Stock Option      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total unrecognized compensation cost that have not yet vested $ 9,000,000    
Cost not yet recognized, period for recognition 1 year 6 months    
Restricted Stock Units (RSUs)      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period 3 years    
Total unrecognized compensation cost that have not yet vested $ 17,000,000    
Cost not yet recognized, period for recognition 1 year 6 months    
Restricted Stock Units (RSUs) | Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Percentage of the target award that is paid based on performance 200.00%    
Restricted Stock Units (RSUs) | Minimum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Percentage of the target award that is paid based on performance 0.00%    
Contingent Share Grants      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period 3 years    
Total unrecognized compensation cost that have not yet vested $ 0    
Earned payout if the target performance is achieved 100.00%    
Granted 76,925 71,426  
Granted (in dollars per share) $ 114.39 $ 137.94  
Shares outstanding (in shares) 148,351    
Contingent Share Grants | Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Percentage of the target award that is paid based on performance 200.00%    
Contingent Share Grants | Minimum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Percentage of the target award that is paid based on performance 0.00%    
v3.25.4
Stock-Based Compensation (Weighted Average Assumptions Used in Calculating Fair Value of Stock Option) (Details) - $ / shares
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]      
Weighted average exercise price $ 114.39 $ 142.65 $ 130.17
Risk-free interest rate 4.20% 4.30% 3.90%
Expected life of option in years 5 years 6 months 6 years 6 months 6 years 6 months
Expected dividend yield 1.80% 1.70% 1.70%
Expected volatility 29.40% 28.40% 27.80%
v3.25.4
Stock-Based Compensation (Stock Options Outstanding, Exercisable and Activity) (Detail) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Number of Shares    
Beginning Balance 3,489,056  
Granted 542,263  
Exercised (156,496)  
Forfeited/Expired (110,810)  
Ending Balance 3,764,013 3,489,056
Vested or expected to vest, at end of period 3,701,506  
Exercisable, at end of period 2,457,460  
Weighted Average Exercise Price    
Beginning Balance (in dollars per share) $ 125.15  
Granted (in dollars per share) 114.39  
Exercised (in dollars per share) 105.27  
Forfeited/Expired (in dollars per share) 121.73  
Ending Balance (in dollars per share) 124.56 $ 125.15
Vested or expected to vest, at end of period (in dollars per share) 124.64  
Exercisable, at end of period (in dollars per share) $ 123.04  
Weighted Average Remaining Contractual Life (in years)    
Outstanding 5 years 3 months 18 days 5 years 3 months 18 days
Vested or expected to vest, at end of period 5 years 2 months 12 days  
Exercisable, at end of period 3 years 8 months 12 days  
Intrinsic Value (in millions)    
Outstanding $ 1  
Vested or expected to vest, at end of period 1  
Exercisable, at end of period $ 1  
v3.25.4
Stock-Based Compensation (Stock Option Activity) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]      
Total intrinsic value of stock options exercised $ 2 $ 6 $ 24
Cash received from stock option exercises 20 24 55
Income tax benefit from the exercise of stock options 1 1 6
Total fair value of stock options vested $ 16 $ 15 $ 10
v3.25.4
Stock-Based Compensation (RSU Activity) (Details)
12 Months Ended
Dec. 31, 2025
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]  
Beginning Balance | shares 644,256
Granted | shares 287,940
Vested | shares (202,647)
Forfeited | shares (15,456)
Ending Balance | shares 714,093
Vested or expected vest, at end of period | shares 689,721
Weighted Average Grant Date Fair Value  
Beginning Balance (in dollars per share) | $ / shares $ 139.14
Granted (in dollars per share) | $ / shares 113.11
Released from restrictions (in dollars per share) | $ / shares 116.22
Forfeited (in dollars per share) | $ / shares 124.98
Ending Balance (in dollars per share) | $ / shares 126.62
Vested or expected to vest, at end of period (in dollars per share) | $ / shares $ 139.81
v3.25.4
Revenue Recognition - Narrative (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Disaggregation of Revenue [Line Items]        
Bad debt expense $ 15 $ 17 $ 15  
Allowance for doubtful accounts 22 23 23 $ 29
Net sales 15,875 15,845 16,242  
Performance Coatings Segment        
Disaggregation of Revenue [Line Items]        
Net sales 5,513 5,237 5,132  
Global Architectural Coatings        
Disaggregation of Revenue [Line Items]        
Net sales 3,838 3,921 4,021  
United States and Canada        
Disaggregation of Revenue [Line Items]        
Net sales 5,372 5,352 5,485  
United States and Canada | Performance Coatings Segment        
Disaggregation of Revenue [Line Items]        
Net sales 3,162 2,981 2,902  
EMEA        
Disaggregation of Revenue [Line Items]        
Net sales 5,368 5,386 5,617  
EMEA | Performance Coatings Segment        
Disaggregation of Revenue [Line Items]        
Net sales 1,318 1,262 1,220  
EMEA | Global Architectural Coatings        
Disaggregation of Revenue [Line Items]        
Net sales 2,320 2,357 2,408  
Asia Pacific        
Disaggregation of Revenue [Line Items]        
Net sales 2,937 2,912 2,873  
Asia Pacific | Performance Coatings Segment        
Disaggregation of Revenue [Line Items]        
Net sales 927 883 866  
Asia Pacific | Global Architectural Coatings        
Disaggregation of Revenue [Line Items]        
Net sales 204 232 237  
Latin America        
Disaggregation of Revenue [Line Items]        
Net sales 2,198 2,195 2,267  
Latin America | Performance Coatings Segment        
Disaggregation of Revenue [Line Items]        
Net sales 106 111 144  
Latin America | Global Architectural Coatings        
Disaggregation of Revenue [Line Items]        
Net sales $ 1,314 $ 1,332 $ 1,376  
Service | Revenue from Contract with Customer | Product Concentration Risk        
Disaggregation of Revenue [Line Items]        
Service revenue, percentage of total revenue 5.00% 5.00% 5.00%  
v3.25.4
Revenue Recognition - Schedule Of Revenue (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disaggregation of Revenue [Line Items]      
Net sales $ 15,875 $ 15,845 $ 16,242
United States and Canada      
Disaggregation of Revenue [Line Items]      
Net sales 5,372 5,352 5,485
EMEA      
Disaggregation of Revenue [Line Items]      
Net sales 5,368 5,386 5,617
Asia Pacific      
Disaggregation of Revenue [Line Items]      
Net sales 2,937 2,912 2,873
Latin America      
Disaggregation of Revenue [Line Items]      
Net sales $ 2,198 2,195 2,267
Revenue from Contract with Customer | Geographic Concentration Risk | United States      
Disaggregation of Revenue [Line Items]      
Service revenue, percentage of total revenue 32.00%    
Revenue from Contract with Customer | Geographic Concentration Risk | China      
Disaggregation of Revenue [Line Items]      
Service revenue, percentage of total revenue 10.00%    
Revenue from Contract with Customer | Geographic Concentration Risk | Mexico      
Disaggregation of Revenue [Line Items]      
Service revenue, percentage of total revenue 11.00%    
Performance Coatings Segment      
Disaggregation of Revenue [Line Items]      
Net sales $ 5,513 5,237 5,132
Performance Coatings Segment | United States and Canada      
Disaggregation of Revenue [Line Items]      
Net sales 3,162 2,981 2,902
Performance Coatings Segment | EMEA      
Disaggregation of Revenue [Line Items]      
Net sales 1,318 1,262 1,220
Performance Coatings Segment | Asia Pacific      
Disaggregation of Revenue [Line Items]      
Net sales 927 883 866
Performance Coatings Segment | Latin America      
Disaggregation of Revenue [Line Items]      
Net sales 106 111 144
Industrial Coatings Segment      
Disaggregation of Revenue [Line Items]      
Net sales 6,524 6,687 7,089
Industrial Coatings Segment | United States and Canada      
Disaggregation of Revenue [Line Items]      
Net sales 2,210 2,371 2,583
Industrial Coatings Segment | EMEA      
Disaggregation of Revenue [Line Items]      
Net sales 1,730 1,767 1,989
Industrial Coatings Segment | Asia Pacific      
Disaggregation of Revenue [Line Items]      
Net sales 1,806 1,797 1,770
Industrial Coatings Segment | Latin America      
Disaggregation of Revenue [Line Items]      
Net sales $ 778 $ 752 $ 747
v3.25.4
Revenue Recognition - Summary of Allowance for Doubtful Accounts (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Accounts Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning balance $ 23 $ 23 $ 29
Bad debt expense 15 17 15
Write-offs and recoveries of previously reserved trade receivables (18) (15) (19)
Other (2) (2) (2)
Ending balance $ 22 $ 23 $ 23
v3.25.4
Reportable Business Segment Information (Narrative) (Detail) - 12 months ended Dec. 31, 2025
segment
segement
Segment Reporting [Abstract]    
Number of PPG operating segments 3 10
Number of reportable business segments 3  
v3.25.4
Reportable Business Segment Information (Income(Loss) from Continuing Operations) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]        
Net sales   $ 15,875 $ 15,845 $ 16,242
Cost of sales, exclusive of depreciation and amortization   9,316 9,252 9,678
Selling, general and administrative   3,439 3,391 3,401
Income before income taxes   2,045 1,852 1,690
Business restructuring, net   (6) (233) 2
Environmental charges   (18) (30) (35)
Insurance recoveries   6 4 16
Impairment and other-related charges, net $ (146) (24) (146) (160)
Income from legal settlement 12 12 0 0
Resolution of tax matter $ (41) (41) 0 0
Argentina currency devaluation losses   0 (110) 0
Pension settlement charge   0 0 (190)
Global Architectural Coatings        
Segment Reporting Information [Line Items]        
Net sales   3,838 3,921 4,021
Performance Coatings Segment        
Segment Reporting Information [Line Items]        
Net sales   5,513 5,237 5,132
Industrial Coatings Segment        
Segment Reporting Information [Line Items]        
Net sales   6,524 6,687 7,089
Operating Segments        
Segment Reporting Information [Line Items]        
Net sales   15,875 15,845 16,242
Income before income taxes   2,622 2,713 2,660
Operating Segments | Global Architectural Coatings        
Segment Reporting Information [Line Items]        
Net sales   3,838 3,921 4,021
Cost of sales, exclusive of depreciation and amortization   1,891 1,904 2,022
Selling, general and administrative   1,175 1,186 1,170
Depreciation And Amortization Of Intangible Assets   (109) (104) (101)
Segment reporting, other   64 49 55
Income before income taxes   599 678 673
Operating Segments | Performance Coatings Segment        
Segment Reporting Information [Line Items]        
Net sales   5,513 5,237 5,132
Cost of sales, exclusive of depreciation and amortization   3,055 2,851 2,893
Selling, general and administrative   1,069 1,017 966
Depreciation And Amortization Of Intangible Assets   (134) (132) (139)
Segment reporting, other   107 95 115
Income before income taxes   1,148 1,142 1,019
Operating Segments | Industrial Coatings Segment        
Segment Reporting Information [Line Items]        
Net sales   6,524 6,687 7,089
Cost of sales, exclusive of depreciation and amortization   4,369 4,498 4,759
Selling, general and administrative   822 838 870
Depreciation And Amortization Of Intangible Assets   (192) (206) (213)
Segment reporting, other   266 252 279
Income before income taxes   875 893 968
Segment Reporting, Reconciling Item, Corporate Nonsegment        
Segment Reporting Information [Line Items]        
Depreciation And Amortization Of Intangible Assets   (63) (50) (61)
Non-segment (income) expense, unallocated   (308) (291) (330)
Interest income, net of interest income   (88) (64) (107)
Business restructuring, net   (54) (377) (41)
Portfolio optimization   (1) (59) (53)
Environmental charges   (16) (24) (24)
Insurance recoveries   6 4 16
Impairment and other-related charges, net   (24) 0 (160)
Income from legal settlement   12 0 0
Resolution of tax matter   (41) 0 0
Argentina currency devaluation losses   0 0 (20)
Pension settlement charge   $ 0 $ 0 $ (190)
v3.25.4
Reportable Business Segment Information (Assets And Investments) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Segment assets $ 22,098 $ 19,433 $ 21,647
Expenditures for property (including business acquisitions) 779 752 625
Investment in equity affiliates 151 141 141
Share of net earnings of equity affiliates 19 20 21
Operating Segments | Global Architectural Coatings      
Segment Reporting Information [Line Items]      
Segment assets 6,676 5,887 6,595
Expenditures for property (including business acquisitions) 126 160 93
Investment in equity affiliates 24 20 25
Share of net earnings of equity affiliates 1 3 1
Operating Segments | Performance Coatings Segment      
Segment Reporting Information [Line Items]      
Segment assets 5,535 5,601 5,586
Expenditures for property (including business acquisitions) 249 166 217
Investment in equity affiliates 29 26 23
Share of net earnings of equity affiliates 6 5 6
Operating Segments | Industrial Coatings Segment      
Segment Reporting Information [Line Items]      
Segment assets 6,183 5,230 5,643
Expenditures for property (including business acquisitions) 245 247 184
Investment in equity affiliates 22 20 18
Share of net earnings of equity affiliates 1 2 1
Segment Reporting, Reconciling Item, Corporate Nonsegment      
Segment Reporting Information [Line Items]      
Segment assets 3,704 2,715 3,823
Expenditures for property (including business acquisitions) 159 179 131
Investment in equity affiliates 76 75 75
Share of net earnings of equity affiliates $ 11 $ 10 $ 13
v3.25.4
Reportable Business Segment Information (Geographic Information) (Detail) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Nov. 25, 2024
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting, Revenue Reconciling Item [Line Items]          
Income before income taxes     $ 2,045 $ 1,852 $ 1,690
Property, plant and equipment, net   $ 4,005 4,005 3,464  
Impairment and other-related charges, net   146 24 146 160
Discontinued Operations, Disposed of by Sale | Silicas Products Business          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Gain (loss) on disposal of discontinued operation, net of tax $ 129 129   129  
ARGENTINA          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Realized Gain (Loss), Foreign Currency Transaction, before Tax   110      
Operating Segments          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Income before income taxes     2,622 2,713 2,660
Property, plant and equipment, net   4,005 4,005 3,464 3,450
Operating Segments | EMEA          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Income before income taxes     581 617 679
Property, plant and equipment, net   1,136 1,136 945 1,010
Operating Segments | Latin America          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Income before income taxes     522 581 518
Property, plant and equipment, net   360 360 324 357
Operating Segments | United States and Canada          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Income before income taxes     1,101 1,039 1,033
Property, plant and equipment, net   1,811 1,811 1,502 1,365
Operating Segments | Asia Pacific          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Income before income taxes     418 476 430
Property, plant and equipment, net   $ 698 $ 698 $ 693 $ 718
v3.25.4
Supplier Finance Programs (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Supplier Finance Program, Obligation [Roll Forward]      
Supplier finance obligation, beginning of period $ 245 $ 251 $ 286
Invoices confirmed 569 598  
Confirmed invoices paid (600) (673)  
Currency impact 25 40  
Supplier finance obligation, end of period $ 245 $ 251  
Supplier Finance Program, Obligation, Statement of Financial Position [Extensible Enumeration] Accounts payable and accrued liabilities