SEC Info - PPG Industries Inc - ‘10-Q’ for 6/30/04

SEC Info℠

Home

Help

Please Sign In

PPG Industries Inc – ‘10-Q’ for 6/30/04 – EX-12

On: Monday, 7/26/04, at 12:30pm ET · For: 6/30/04 · Accession #: 1193125-4-124190 · File #: 1-01687

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 7/26/04  PPG Industries Inc                10-Q        6/30/04    9:865K                                   RR Donnelley/FA

Quarterly Report — Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        For Quarter Ended June 30, 2004                     HTML    392K 
 2: EX-10.1     Ppg Industries, Inc. Deferred Compensation Plan     HTML    160K 
 3: EX-10.2     Ppg Industries, Inc. Long Term Incentive Plan       HTML     99K 
 4: EX-10.3     Ppg Industries, Inc. Executive Officers' Long Term  HTML    100K 
                          Incentive Plan                                         
 5: EX-12       Computation of Ratio of Earnings to Fixed Charges   HTML     36K 
 6: EX-31.1     Section 302 CEO Certification                       HTML     13K 
 7: EX-31.2     Section 302 CFO Certification                       HTML     12K 
 8: EX-32.1     Section 906 CEO Certification                       HTML      8K 
 9: EX-32.2     Section 906 CFO Certification                       HTML      8K

EX-12 — Computation of Ratio of Earnings to Fixed Charges

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Computation of Ratio of Earnings to Fixed Charges

Exhibit 12

PPG INDUSTRIES, INC. AND CONSOLIDATED SUBSIDIARIES

Computation of Ratio of Earnings to Fixed Charges

(Dollars in millions)


	Year Ended December 31											Six Months Ended June 30, 2004
	1999		2000		2001		2002			2003		Six Months Ended June 30, 2004
Earnings:
Earnings (loss) before income taxes and net earnings in equity affiliates	$	945	$	978	$	651	$	(27	)	$	847	$	491
Plus:
Fixed charges exclusive of capitalized interest		164		217		208		168			153		70
Amortization of capitalized interest		10		10		10		11			10		5
Adjustments for equity affiliates		16		20		26		6			3		—

Total	$	1,135	$	1,225	$	895	$	158		$	1,013	$	566

Fixed Charges:
Interest expense including amortization of debt discount/premium and debt expense	$	133	$	177	$	169	$	128		$	107	$	48
Rentals - portion representative of interest		31		40		39		40			46		22

Fixed charges exclusive of capitalized interest		164		217		208		168			153		70
Capitalized interest		11		16		13		5			3		1

Total	$	175	$	233	$	221	$	173		$	156	$	71

Ratio of earnings to fixed charges		6.5		5.3		4.0		—			6.5		8.0

Deficiency of earnings to fixed charges	$	—	$	—	$	—	$	(15	)	$	—	$	—

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-Q’ Filing	Date	Other Filings

Filed on:	7/26/04
For Period End:	6/30/04	4
		List all Filings

4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/15/24  PPG Industries Inc.               10-K       12/31/23  135:17M
 2/16/23  PPG Industries Inc.               10-K       12/31/22  129:18M
 2/17/22  PPG Industries Inc.               10-K       12/31/21  125:18M
 2/18/21  PPG Industries Inc.               10-K       12/31/20  133:19M

↑Top

Filing Submission 0001193125-04-124190 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)