PPG Industries PPG Gain (loss) on disposal of assets
Gain (loss) on disposal of assets at other companies
Other financials
Where this comes from
Reported directly by PPG Industries in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnSaleOfBusiness.
The source filing: PPG Industries’s 10-Q, filed April 30, 2025.
- Filed
- Apr 30, 2025
- Fiscal quarter
- Q1 FY2025
- Calendar quarter
- Q1 2025
- Accession
- 0000079879-25-000133
(c)Portfolio optimization includes a $7 million gain recognized on the sale of a business in the first quarter 2025. There was no tax expense associated with that gain. Portfolio optimization also 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 condensed consolidated statement of income.
Item 1. Financial Statements (Unaudited):
FAQ
- What is PPG Industries's gain (loss) on disposal of assets?
- PPG Industries (PPG) reported gain (loss) on disposal of assets of $7M in Q1 2025.
- What does gain (loss) on disposal of assets mean?
- Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.
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