SEC Info - PPG Industries Inc - ‘10-K’ for 12/31/17

SEC Info℠

Home

Help

Please Sign In

PPG Industries Inc – ‘10-K’ for 12/31/17 – ‘EX-21’

On: Thursday, 2/15/18, at 4:30pm ET · For: 12/31/17 · Accession #: 79879-18-10 · File #: 1-01687

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

 2/15/18  PPG Industries Inc                10-K       12/31/17  122:19M

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.29M 
 2: EX-10.30    Material Contract                                   HTML     63K 
 4: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     48K 
 5: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     53K 
 6: EX-21       Subsidiaries List                                   HTML     93K 
 7: EX-23       Consent of Experts or Counsel                       HTML     34K 
 8: EX-24       Power of Attorney                                   HTML     53K 
 3: EX-12       Statement re: Computation of Ratios                 HTML     54K 
 9: EX-31.1     Certification -- §302 - SOA'02                      HTML     41K 
10: EX-31.2     Certification -- §302 - SOA'02                      HTML     41K 
11: EX-32.1     Certification -- §906 - SOA'02                      HTML     35K 
12: EX-32.2     Certification -- §906 - SOA'02                      HTML     35K 
19: R1          Document and Entity Information                     HTML     63K 
20: R2          Consolidated Statement of Income                    HTML    128K 
21: R3          Consolidated Statement of Comprehensive Income      HTML     63K 
22: R4          Consolidated Balance Sheet                          HTML    137K 
23: R5          Consolidated Statement of Shareholders' Equity      HTML     82K 
24: R6          Consolidated Statement of Cash Flows                HTML    186K 
25: R7          Summary of Significant Accounting Policies          HTML     87K 
26: R8          Acquisitions and Dispositions                       HTML     92K 
27: R9          Working Capital Detail                              HTML     74K 
28: R10         Property, Plant and Equipment                       HTML     59K 
29: R11         Investments                                         HTML     49K 
30: R12         Goodwill and Other Identifiable Intangible Assets   HTML    101K 
31: R13         Business Restructuring                              HTML     73K 
32: R14         Borrowings and Lines of Credit                      HTML    116K 
33: R15         Financial Instruments, Hedging Activities and Fair  HTML    198K 
                Value Measurements                                               
34: R16         Earnings Per Common Share                           HTML     79K 
35: R17         Income Taxes                                        HTML    194K 
36: R18         Employee Benefit Plans                              HTML    425K 
37: R19         Commitments and Contingent Liabilities              HTML    134K 
38: R20         Shareholders' Equity                                HTML     68K 
39: R21         Accumulated Other Comprehensive Loss                HTML    104K 
40: R22         Other Income                                        HTML     55K 
41: R23         Stock-Based Compensation                            HTML    133K 
42: R24         Quarterly Financial Information (Unaudited)         HTML    118K 
43: R25         Reportable Business Segment Information             HTML    280K 
44: R26         Schedule II - Valuation and Qualifying Accounts     HTML     50K 
45: R27         Summary of Significant Accounting Policies          HTML    152K 
                (Policies)                                                       
46: R28         Summary of Significant Accounting Policies          HTML     47K 
                (Tables)                                                         
47: R29         Acquisitions and Dispositions (Tables)              HTML     83K 
48: R30         Working Capital Detail (Tables)                     HTML     75K 
49: R31         Property, Plant and Equipment (Tables)              HTML     58K 
50: R32         Investments (Tables)                                HTML     44K 
51: R33         Goodwill and Other Identifiable Intangible Assets   HTML    100K 
                (Tables)                                                         
52: R34         Business Restructuring (Tables)                     HTML     71K 
53: R35         Borrowings and Lines of Credit (Tables)             HTML     98K 
54: R36         Financial Instruments, Hedging Activities and Fair  HTML    175K 
                Value Measurements (Tables)                                      
55: R37         Earnings Per Common Share (Tables)                  HTML     76K 
56: R38         Income Taxes (Tables)                               HTML    186K 
57: R39         Employee Benefit Plans (Tables)                     HTML    395K 
58: R40         Commitments and Contingent Liabilities (Tables)     HTML    102K 
59: R41         Shareholders' Equity (Tables)                       HTML     60K 
60: R42         Accumulated Other Comprehensive Loss (Tables)       HTML    101K 
61: R43         Other Income (Tables)                               HTML     55K 
62: R44         Stock-Based Compensation (Tables)                   HTML    128K 
63: R45         Quarterly Financial Information (Tables)            HTML    117K 
64: R46         Reportable Business Segment Information (Tables)    HTML    270K 
65: R47         Summary of Significant Accounting Policies          HTML     56K 
                (Additional Information) (Detail)                                
66: R48         Acquisitions and Dispositions (Acquistions)         HTML     55K 
                (Detail)                                                         
67: R49         Acquisitions and Dispositions (Summary of Purchase  HTML     62K 
                Price Allocations) (Details)                                     
68: R50         Acquisitions and Dispositions Divestitures          HTML    129K 
                (Details)                                                        
69: R51         Working Capital Detail (Detail)                     HTML     74K 
70: R52         Working Capital Detail (Additional Information)     HTML     41K 
                (Detail)                                                         
71: R53         Property, Plant and Equipment (Detail)              HTML     70K 
72: R54         Investments (Detail)                                HTML     43K 
73: R55         Investments (Additional Information) (Detail)       HTML     46K 
74: R56         Goodwill and Other Identifiable Intangible Assets   HTML     48K 
                (Carrying Amount of Goodwill Attributable to Each                
                Reportable Segment) (Detail)                                     
75: R57         Goodwill and Other Identifiable Intangible Assets   HTML     71K 
                (Identifiable Intangible Assets with Finite Lives)               
                (Detail)                                                         
76: R58         Business Restructuring (Additional Information)     HTML     80K 
                (Detail)                                                         
77: R59         Borrowings and Lines of Credit (Long-term Debt      HTML    117K 
                Obligations) (Details)                                           
78: R60         Borrowings and Lines of Credit (Long-term Debt      HTML     50K 
                Maturities) (Details)                                            
79: R61         Borrowings and Lines of Credit (Short-term Debt     HTML     43K 
                Outstanding) (Detail)                                            
80: R62         Borrowings and Lines of Credit (Minimum Lease)      HTML     50K 
                (Details)                                                        
81: R63         Borrowings and Lines of Credit (Additional          HTML    128K 
                Information) (Details)                                           
82: R64         Financial Instruments, Hedging Activities and Fair  HTML     71K 
                Value Measurements (Additional Information)                      
                (Detail)                                                         
83: R65         Financial Instruments, Hedging Activities and Fair  HTML     72K 
                Value Measurements (Fair Value, Cash Flow and Net                
                Investment Hedges) (Detail)                                      
84: R66         Financial Instruments, Hedging Activities and Fair  HTML     65K 
                Value Measurements (Assets and Liabilities                       
                Reported at Fair Value on a Recurring Basis)                     
                (Detail)                                                         
85: R67         Financial Instruments, Hedging Activities and Fair  HTML     50K 
                Value Measurements (Fair Value Additional                        
                Information) (Detail)                                            
86: R68         Earnings Per Common Share (Calculations) (Detail)   HTML    100K 
87: R69         Income Taxes (Additional Information) (Detail)      HTML     89K 
88: R70         Income Taxes (Components of Income Tax Expense)     HTML     64K 
                (Detail)                                                         
89: R71         Income Taxes (Reconciliation of Statutory U.S.      HTML     68K 
                Corporate Federal Income Tax Rate to Effective                   
                Income Tax Rate) (Detail)                                        
90: R72         Income Taxes (Net Deferred Income Tax Assets and    HTML    103K 
                Liabilities) (Detail)                                            
91: R73         Income Taxes (Unrecognized Tax Benefits) (Detail)   HTML     58K 
92: R74         Employee Benefit Plans (Additional Information)     HTML    275K 
                (Detail)                                                         
93: R75         Employee Benefit Plans (Changes in Projected        HTML    125K 
                Benefit Obligations, Plan Assets and Funded                      
                Status) (Detail)                                                 
94: R76         Employee Benefit Plans (Accumulated Other           HTML     48K 
                Comprehensive Loss Pretax Amounts Not Yet                        
                Reflected in Net Periodic Benefit Cost) (Details)                
95: R77         Employee Benefit Plans (Change in Accumulated       HTML     67K 
                Other Comprehensive Loss (Pretax) Relating to                    
                Defined Benefit Pension and Other Postretirement                 
                Benefits) (Detail)                                               
96: R78         Employee Benefit Plans (Net Periodic Benefit        HTML     63K 
                Costs) (Detail)                                                  
97: R79         Employee Benefit Plans (Weighted Average            HTML     51K 
                Assumptions Used to Determine Benefit Obligation                 
                for Defined Benefit Pension and Other                            
                Postretirement Plans) (Detail)                                   
98: R80         Employee Benefit Plans (Weighted Average            HTML     50K 
                Assumptions Used to Determine Net Periodic Benefit               
                Cost for Defined Benefit Pension and Other                       
                Postretirement Plans) (Detail)                                   
99: R81         Employee Benefit Plans (Effect of One Percentage    HTML     43K 
                Point Increase or Decrease in Health Care Cost                   
                Trend Rates) (Detail)                                            
100: R82         Employee Benefit Plans (Weighted Average Target     HTML     48K  
                Pension Plan Asset Allocations) (Detail)                         
101: R83         Employee Benefit Plans (Fair Values of the          HTML     98K  
                Company's Pension Plan Assets by Asset Category)                 
                (Detail)                                                         
102: R84         Employee Benefit Plans (Change in Fair Value of     HTML     62K  
                Company's Level 3 Pension Assets) (Detail)                       
103: R85         Employee Benefit Plans (Employee Savings Plan)      HTML     43K  
                (Details)                                                        
104: R86         Commitments and Contingent Liabilities (Litigation  HTML    100K  
                Settlements Disclosure) (Detail)                                 
105: R87         Commitments and Contingent Liabilities (Additional  HTML     91K  
                Information) (Detail)                                            
106: R88         Shareholders' Equity (Summary of Shares             HTML     60K  
                Outstanding) (Detail)                                            
107: R89         Accumulated Other Comprehensive Loss (Detail)       HTML     71K  
108: R90         Accumulated Other Comprehensive Loss (Additional    HTML     44K  
                Information) (Detail)                                            
109: R91         Other Income (Detail)                               HTML     50K  
110: R92         Stock-Based Compensation (Additional Information)   HTML     91K  
                (Detail)                                                         
111: R93         Stock-Based Compensation (Weighted Average          HTML     47K  
                Assumptions Used in Calculating Fair Value of                    
                Stock Option) (Details)                                          
112: R94         Stock-Based Compensation (Stock Options             HTML     86K  
                Outstanding, Exercisable and Activity) (Detail)                  
113: R95         Stock-Based Compensation (Stock Option Activity)    HTML     44K  
                (Details)                                                        
114: R96         Stock-Based Compensation (RSU Activity) (Details)   HTML     72K  
115: R97         Quarterly Financial Information (Unaudited)         HTML     81K  
                (Detail)                                                         
116: R98         Reportable Business Segment Information             HTML     40K  
                (Reportable Segment Information) (Detail)                        
117: R99         Reportable Business Segment Information Reportable  HTML    130K  
                Segment Tables (Detail)                                          
118: R100        Reportable Business Segment Information             HTML     62K  
                (Geographic Information) (Detail)                                
119: R101        Schedule II - Valuation and Qualifying Accounts     HTML     44K  
                (Detail)                                                         
121: XML         IDEA XML File -- Filing Summary                      XML    228K  
120: EXCEL       IDEA Workbook of Financial Reports                  XLSX    163K  
13: EX-101.INS  XBRL Instance -- ppg-20171231                        XML   6.39M 
15: EX-101.CAL  XBRL Calculations -- ppg-20171231_cal                XML    367K 
16: EX-101.DEF  XBRL Definitions -- ppg-20171231_def                 XML   1.32M 
17: EX-101.LAB  XBRL Labels -- ppg-20171231_lab                      XML   3.11M 
18: EX-101.PRE  XBRL Presentations -- ppg-20171231_pre               XML   1.91M 
14: EX-101.SCH  XBRL Schema -- ppg-20171231                          XSD    308K 
122: ZIP         XBRL Zipped Folder -- 0000079879-18-000010-xbrl      Zip    496K

‘EX-21’ — Subsidiaries List

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

<! C: C:

Exhibit

Exhibit 21

PPG Industries, Inc.

And Consolidated Subsidiaries

Subsidiaries of the Registrant

December 31, 2017

Significant subsidiaries included in the 2017 consolidated financial statements of the Company are:



United States and Canada:		Jurisdiction of Incorporation or Organization	Percentage of Voting Power
	CG Holdings Manufacturing Co.	Michigan	100
	Cuming Microwave Corporation	Massachusetts	100
	Electra-Finish, Inc.	North Carolina	100
	I.V.C. Industrial Coatings, Inc.	Indiana	100
	MetoKote Canada Limited	Canada	100
	MetoKote Corporation	Delaware	100
	MetoKote Mexico Holdings, Inc.	Ohio	100
	PPG Architectural Finishes, Inc.	Delaware	100
	PPG Architectural Coatings Canada Inc.	Canada	100
	PPG Canada Inc.	Canada	100
	PPG Holdings Argentina USA LLC	Delaware	100
	PPG Holdings Latin America USA LLC	Delaware	100
	PPG Industries International, Inc.	Delaware	100
	PPG Industries Ohio, Inc.	Delaware	100
	PPG Industries Securities, LLC	Delaware	100
	PPG Kansai Automotive Finishes Canada, LP	Canada	60
	PPG Kansai Automotive Finishes U.S., LLC	Delaware	60
	PRC-DeSoto International, Inc.	California	100
	Sierracin Corporation	Delaware	100
	Sierracin/Sylmar Corporation	California	100
	The Crown Group Co.	Michigan	100
	The Glidden Supply Company LLC	Delaware	100
	Vanex, Inc.	Delaware	100

Latin America:
	Alermac Inversiones, S.A. de C.V.	Mexico	100
	Centro de Investigación en Polímeros, S.A. de C.V.	Mexico	100
	Comercial Mexicana de Pinturas, S.A. de C.V.	Mexico	100
	Comex Industrial Coatings, S.A. de C.V.	Mexico	100
	Consorcio Comex, S.A. de C.V.	Mexico	100
	Consorcio Latinoamericano, S.A.	Mexico	100
	Distribuidora Kroma, S.A. de C.V.	Mexico	100
	Empresa AGA, S.A. de C.V.	Mexico	100
	Fábrica de Pinturas Universales, S.A. de C.V.	Mexico	100
	Grupo Comex, S.A. de C.V.	Mexico	100
	MetoKote de Mexico, S. de R.L. de C.V.	Mexico	100
	Pinturerias del Istmo, S.A.	Panama	100
	Plásticos Envolventes, S.A. de C.V.	Mexico	100
	PPG ALESCO Automotive Finishes Mexico, S. de R.L. de C.V.	Mexico	60
	PPG AP Resinas, S.A. de C.V.	Mexico	100
	PPG Architectural Coatings (Puerto Rico) Inc.	Puerto Rico	100





	PPG Industrial do Brasil - Tintas E. Vernizes - Ltda.	Brazil	100
	PPG Industries Argentina S.R.L.	Argentina	100
	PPG Industries Chile S.A.	Chile	100
	PPG Industries Colombia Ltda.	Colombia	100
	PPG Industries de Mexico, S.A. de C.V.	Mexico	100
	PPG Mexico, S.A. de C.V.	Mexico	100
	Viasa, S.A. de C.V.	Mexico	100

EMEA:
	Brown Brothers Distribution Limited	United Kingdom	100
	Deutek S.A.	Romania	100
	Dyrup A/S	Denmark	100
	Dyrup SAS	France	100
	EPIC Insurance Co. Ltd.	Bermuda	100
	Erlenbrunnen Grundstücksverwaltung GmbH	Germany	100
	Johnstone’s Paints Limited	United Kingdom	100
	Kalon Investment Company Limited	United Kingdom	100
	Kalon South Africa Proprietary Limited	South Africa	100
	Malcolm Enamellers ACP Limited	United Kingdom	100
	MetoKote Deutschland GmbH	Germany	100
	MetoKote UK Limited	United Kingdom	100
	Peintures de Paris SAS	France	99.94
	PPG AC - France SA	France	99.94
	PPG Architectural Coatings Ireland Limited	Ireland	100
	PPG Architectural Coatings UK Limited	United Kingdom	100
	PPG Cameroun SA	Cameroon	51.5
	PPG CEE Premazi (d.o.o.)	Slovenia	100
	PPG Coatings B.V.	The Netherlands	100
	PPG Coatings BVBA/SPRL	Belgium	100
	PPG Coatings Deutschland GmbH	Germany	100
	PPG Coatings Europe B.V.	The Netherlands	100
	PPG Coatings Manufacturing SARL	France	100
	PPG Coatings Nederland BV	The Netherlands	100
	PPG Coatings S.A.	France	99.9
	PPG Coatings South Africa (Pty) Ltd.	South Africa	100
	PPG Deco Czech a.s.	Czech Republic	100
	PPG Deco Polska sp. z.o.o.	Poland	100
	PPG Deco Slovakia, s.r.o.	Slovakia	100
	PPG Deutschland Business Support GmbH	Germany	100
	PPG Deutschland Sales & Services GmbH	Germany	100
	PPG Distribution S.A.S.	France	99.94
	PPG DYRUP, S.A.	Portugal	100
	PPG Europe B.V.	The Netherlands	100
	PPG Finance B.V.	The Netherlands	100
	PPG France Business Support S.A.S.	France	100
	PPG France Manufacturing S.A.S.	France	100
	PPG Guadeloupe SAS	Guadeloupe	100
	PPG Holdco SAS	France	100



	PPG Holdings (U.K.) Limited	United Kingdom	100
	PPG Ibérica, S.A.	Spain	100
	PPG Ibérica Sales & Services, S.L.	Spain	100
	PPG Industrial Coatings B.V.	The Netherlands	100
	PPG Industries (UK) Ltd	United Kingdom	100
	PPG Industries Chemicals B.V.	The Netherlands	100
	PPG Industries Europe Sàrl	Switzerland	100
	PPG Industries France S.A.S.	France	100
	PPG Industries Italia S.r.l.	Italy	100
	PPG Industries Kimya a Sanayi VE Ticaret AS	Turkey	100
	PPG Industries Lackfabrik GmbH	Germany	100
	PPG Industries Lipetsk LLC	Russia	100
	PPG Industries LLC	Russia	100
	PPG Industries Middle East FZE	U.A.E	100
	PPG Industries Netherlands B.V.	The Netherlands	100
	PPG Industries Poland Sp. Z.o.o.	Poland	100
	PPG Italia Business Support S.r.l.	Italy	100
	PPG Italia Sales & Services S.r.l.	Italy	100
	PPG Kansai Automotive Finishes U.K. LLP	United Kingdom	60
	PPG Luxembourg Finance S.àR.L.	Luxembourg	100
	PPG Luxembourg Holdings S.àR.L.	Luxembourg	100
	PPG Polifarb Cieszyn S.A.	Poland	100
	PPG Réunion SAS	La Reunion	51
	PPG Service Sud S.r.l.	Italy	100
	PPG Switzerland GmbH	Switzerland	100
	PPG Trilak Kft.	Hungary	100
	PPG Univer S.P.A.	Italy	100
	Prominent Paints Proprietary Limited	South Africa	100
	Revocoat France SAS	France	100
	Revocoat Holding SAS	France	100
	Revocoat Iberica SLU	Spain	100
	Schoch Holding AG	Switzerland	100
	Sealants Europe SAS	France	66
	Sigma Marine & Protective Coatings Holding B.V.	The Netherlands	100
	SigmaKalon (BC) UK Limited	United Kingdom	100
	SigmaKalon Middle East B.V.	The Netherlands	63.2
	SigmaKalon UK Holding Limited	United Kingdom	100
	Société des Anciens Etablissements Peppler	France	99.94

Asia:
	Foshan Bairun Chemicals Co., Ltd.	China	100
	IVC Nan Sha Ltd.	China	100
	PPG Aerospace Materials (Suzhou) Co. Ltd.	China	100
	PPG Asian Paints Private Ltd.	India	50
	PPG Coatings (Hong Kong) Co., Limited	Hong Kong	100
	PPG Coatings (Kunshan) Co., Ltd.	China	100
	PPG Coatings (Malaysia) Sdn. Bhd.	Malaysia	100
	PPG Coatings (Shanghai) Co., Ltd.	China	100
	PPG Coatings (Suzhou) Company Ltd.	China	100
	PPG Coatings (Thailand) Co., Ltd.	Thailand	100



PPG Coatings (Tianjin) Co., Ltd.	China	100
PPG Coatings (Wuhu) Company, Ltd.	China	100
PPG Coatings (Zhangjiagang) Co., Ltd.	China	100
PPG COATINGS SINGAPORE PTE. LTD.	Singapore	100
PPG Industries (Korea) Ltd.	South Korea	100
PPG Industries (Singapore) Pte., Ltd.	Singapore	100
PPG Industries Australia PTY Limited A.C.N. 055 500 939	Australia	100
PPG Industries New Zealand Limited	New Zealand	100
PPG Japan Ltd.	Japan	100
PPG Management (Shanghai) Co., Ltd.	China	100
PPG Packaging Coatings (Suzhou) Co., Ltd.	China	100
PPG Paints Trading (Shanghai) Co., Ltd.	China	100
PPG Performance Coatings (Hong Kong) Limited	Hong Kong	100
PPG Performance Coatings (Malaysia) Sdn. Bhd.	Malaysia	100
PPG SSC Co., Ltd.	South Korea	80.01
PRC-Desoto Australia Pty Ltd.	Australia	100
Protec Pty Ltd. A.C.N. 007 857 392	Australia	100
PT. PPG Coatings Indonesia	Indonesia	100
Sikar (Shanghai) Trading Co. Ltd.	China	100
Spraylat Coatings (Shanghai) Limited	China	100

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	2/15/18
For Period end:	12/31/17	10-K/A, 11-K, 4, 5, SD
		List all Filings

2 Subsequent Filings that Reference this Filing

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

10/11/18  SEC                               UPLOAD¶    11/20/18    2:133K PPG Industries Inc.
 8/30/18  SEC                               UPLOAD¶    11/20/18    2:237K PPG Industries Inc.

↑Top

Filing Submission 0000079879-18-000010 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)