PPG 3rd Quarter Earnings Report
Adjusted EPS Reconciliation
$ in millions, except EPS
Third Quarter 2022
Net Income from Continuing Operations, As Reported
Business restructuring-related costs, net(b)
Acquisition-related amortization expense
Adjusted Net Income Attributable to PPG
Fourth Quarter 2022 Projection
Total PPG
Net Income
$
EPS(a)
329
34
$ 1.39
0.14
30
0.13
$
393
$ 1.66
Total PPG
EPS(a)
Reported earnings per diluted share
Acquisition-related amortization expense
Business restructuring-related costs, net (b)
Adjusted earnings per diluted share
(a) Earnings per diluted share is calculated based on unrounded numbers. Figures in the table may not recalculate due to rounding.
$ 0.90 $ 1.05
0.13
0.02
$ 1.05 $1.20
-
(b) Included in business restructuring-related costs, net are business restructuring charges, accelerated depreciation of certain assets and other related costs, partially offset by releases related to previously
approved programs.
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