This is a document preview. The company will hold a conference call to review its fourth quarter and full-year 2019 financial performance today at 2 p.m. PPG INDUSTRIES, INC. AND SUBSIDIARIES . PPG INDUSTRIES, INC. AND SUBSIDIARIES: CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) (All amounts in millions except per-share data) Three Months Ended Twelve Months Ended December 31 December 31 2019 . Consequences of material differences in results compared with those anticipated in the forward-looking statements could include, among other things, lower sales or earnings, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on PPG’s consolidated financial condition, results of operations or liquidity. Brazil, Brown Brothers Distribution Limited – For full-year 2019, the company returned about $800 million to shareholders, including approximately $325 million of share repurchases and about $470 million in dividends. 2018. Yes, I would like the opportunity to receive e-mails containing information, product updates, e-newsletters, samples, promotional offers and rebates from brands of PPG Industries, Inc. and its subsidiaries. SUBSIDIARIES OF THE REGISTRANT . There are 2605 companies in the PPG INDUSTRIES COLOMBIA LTDA corporate family. Six Months Ended June 30 . The company expects incremental cost savings of at least $75 million in 2020, which is reflected in the earnings guidance. Specific data on Deltron® or Global Refinish System® (GRS) color mixing bases and their use in tinting is described in depth. PPG Industries General Information Description. We remain committed to investing in the development of innovative products and solutions for our customers while continuously improving our operational performance. PPG INDUSTRIES, INC. AND SUBSIDIARIES Condensed Consolidated Statement of Cash Flows (Unaudited) ($ in millions) Three Months Ended March 31 2016 2015 Operating activities: Net income attributable to controlling and noncontrolling interests $ 354 $ 327 Less: Income from discontinued operations — (1 ) Income from continuing operations 354 326 Adjustments to reconcile net income to … Today, PPG Industries is a global supplier of coatings, glass, fiberglass, and chemicals. I am pleased that we achieved our earnings target despite macroeconomic conditions that weakened throughout the year. 2019. “We delivered this strong performance in spite of weakening global manufacturing activity that impacted many of our industrial end-use markets. However, it is not possible to predict or identify all such factors. Full-year 2019 reported net income from continuing operations was $1.2 billion, or $5.22 diluted share, versus $1.3 billion, or $5.40 per diluted share, in 2018. Fourth quarter corporate expenses of about $65 million, including higher non-recurring employee benefit costs of about $5 million during the quarter. are: Pinetree Stockholding Corporation – The company ended the year with approximately $5 billion of total debt, and about $1.3 billion of cash and short-term investments. With respect to our Industrial Coatings segment, we anticipate a return to volume growth in the second half of 2020. The company’s global effective tax rate is expected to be in the range of 22% to 23% for the first quarter of 2020, and 22% to 24% for the full-year 2020. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. PPG INDUSTRIES COLOMBIA LTDA has 243 total employees across all of its locations and generates $41.51 million in sales (USD). Ppg Industries Inc Exh 21 List Of Subsidiaries for PPG INDUSTRIES INC. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe. “Strategically, we completed several acquisitions during the year including Whitford, Hemmelrath, Dexmet, and Texstars. Yes, I would like the opportunity to receive e-mails containing information, product updates, e-newsletters, samples, promotional offers and rebates from brands of PPG Industries, Inc. and its subsidiaries. We have an outstanding team and are well-positioned strategically and financially to continue our growth,” concluded McGarry. Income tax expense on pre-tax income from continuing operations includes tax … CATEGORY Corporate General industrial coatings sales volumes declined by at least a mid-single-digit percentage in each major region. Sales in 2012 were $15.2 billion. There are 2606 companies in the PPG Industries Ohio, Inc. corporate family. Consequently, while the list of factors presented here and in our 2018 Annual Report on Form 10-K are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. 2010 . December 31, 2010. Unfavorable foreign currency translation lowered net sales by about $15 million, or about 1%. PPG will provide detailed commentary regarding its financial performance, including presentation-slide content, on the PPG Investor Center at www.ppg.com at 1 p.m. At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 130 years. | Legal Notices & Privacy Policies | CA Transparency in Supply Chain Disclosure | Global Code of Ethics | TISC for PPG Architectural Coatings UK Limited | TISC for PPG Industries (UK) Limited | PPG Industries UK Ltd 2017 Gender Pay Gap Report, PPG Reports Fourth Quarter and Full-Year 2019 Financial Results, https://www.businesswire.com/news/home/20200116005148/en/, CA Transparency in Supply Chain Disclosure, TISC for PPG Architectural Coatings UK Limited, PPG Industries UK Ltd 2017 Gender Pay Gap Report, (All amounts in millions except per-share data), Cost of sales, exclusive of depreciation and amortization, Income from continuing operations, net of tax, (Loss)/Income from discontinued operations, net of tax, Net income attributable to the controlling and noncontrolling interests, Less: Net income attributable to noncontrolling interests, Earnings per common share (attributable to PPG), Earnings per common share (attributable to PPG) - assuming dilution, Average shares outstanding - assuming dilution, Short-term debt and current portion of long-term debt, Current portion of operating lease liabilities, As a percent of quarter sales, annualized, Business restructuring-related costs, net (Note B), Environmental remediation charges and other costs, net. 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