What does non us — plan assets other change mean?

Other adjustments to the value of non-U.S. pension plan assets not related to standard operations.

How do you interpret non us — plan assets other change?

Large fluctuations may indicate significant currency volatility or structural changes in the pension plan portfolio.

How does non us — plan assets other change compare across companies?

Standard reconciliation item in pension accounting for multinational entities.

PPG Industries PPG Non Us — Plan Assets Other Change

Discontinued — last reported Q4 '18

Similar metrics at other companies

DDNon-US — Defined Benefit Plan, Plan Assets, Amount

$480M-22.8%

RRXOther Events

$0-100%

BWANon Us — Defined Benefit Plan Amortization Of Gains Losses

-$3M-50.0%

BWANon Us — Defined Benefit Plan Expected Return On Plan Assets

$6M-14.3%

BWANon Us — Defined Benefit Plan Interest Cost

$3M0.0%

BWANon Us — Defined Benefit Plan Net Periodic Benefit Cost

$4M+100%

Other financials

Income statement

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Revenue$3.9B+6.7%

Gross profit$1.7B+7.3%

Operating income$636.0M+4.8%

Net income$382.0M+2.4%

EPS (diluted)$1.70+4.3%

Balance sheet

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Cash & equivalents$1.6B-14.0%

Total debt$7.0B+13.7%

Total equity$8.1B+17.0%

Total assets$22.2B+4.8%

Cash flow

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Operating cash flow$33.0M+283%

CapEx$196.0M-6.2%

Free cash flow-$163.0M+28.2%

Valuation

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Market cap$26.36B-3.6%

Enterprise value$31.83B+0.7%

P/E16.6×—

P/S1.6×-0.1×

Profitability

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Gross margin41.4%0.0pp

Operating margin16.6%—

Net margin9.8%—

Returns & leverage

See full

Return on equity21.1%—

Debt / equity0.9×0.0×

Current ratio1.6×+0.3×

Where this comes from

Reported directly by PPG Industries in its filing.

Tagged under the XBRL concept ppg:PlanAssetsOtherChange.

The official record: PPG Industries’s 10-K, filed February 21, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does non us — plan assets other change mean?: Other adjustments to the value of non-U.S. pension plan assets not related to standard operations.
How do you interpret non us — plan assets other change?: Large fluctuations may indicate significant currency volatility or structural changes in the pension plan portfolio.
How does non us — plan assets other change compare across companies?: Standard reconciliation item in pension accounting for multinational entities.