Title: 2006 Annual Meeting of Shareholders
12006 Annual Meeting of Shareholders
April 20, 2006
2April 20, 2006
32005A Tough Year in a Growing Economy
Natural Gas Prices
Source Energy Information Administration
Annual Average U.S. Energy Prices, Henry Hub Spot
4Delivered Strong Performance
Sales
7 increase
US billions
5Full-Year Earnings Comparisons
2005
2004
EPS
Million
Million
EPS
596
3.49
683
3.95
Net Income as Reported
Net Income Includes the Following Charges
Asbestos Settlement Net Legal Settlement Net of
Insurance Debt Refinancing Costs Non Cash Asset
Impairment Direct Hurricane Costs Adjusted Net
Income
0.11
13
19
0.08
117
-
0.68
-
-
-
12
0.07
-
-
17
0.10
-
-
21
0.12
702
776
4.54
4.06
Direct Hurricane Costs do not include the
hurricanes estimated financial impact on lost
sales and aftertax earnings of 65 million and
17 million, or 10 cents per share, respectively.
6Generated Strong Cash Flow
Yearly Average US1 billion
7Accelerated Growth in Targeted Areas
MM
Earnings
Sales
Trendline 10
Trendline 11
8PPG Vision
- The leading coatings and specialty products and
services company - Consistent sales and earnings growth greater
than peers - Integrated, market-oriented enterprise
- Blueprint value-driven
- Superior shareholder returns
9Drive Innovation
Environmentally Friendly Zero-VOC
coatings Lead-free coatings Epoxy-free
coatings Chrome-free primer
Energy Efficiency Coated glass products Wind
energy Low-density sealant
Security Ballistic glass Laminated glass
Comfort Transitions lenses Acoustic
windows Low-odor coatings
10Generate Growth Through Brand Building
11Strengthen Competitive Advantage Through Networks
12Increase Focus on Market Segments
Aerospace
Construction
Automotive Aftermarket
Light Industrial Coatings
13Expand Presence in Emerging Regions
Sales Asia, Latin America, CEMTA
14Enhance Value Creation Through Integrated
Enterprise
LeverageDistribution and Brands
Broaden Market Base
CertifiedFirst Network Company
Stores TrueFinish Light Industrial Coatings
Regional Growth
New Industrial Markets Aerospace Value-Added
Packages Construction Market Team
New Services
Asia Central and Eastern Europe ArchitecturalCoat
ings
New Products
Total Service Solutions LYNX Services Collision
Generation V Transitions Lenses Waterborne
Refinish Acoustic and Heated Windshields
Operational Excellence
15We Have A World of Opportunities
...We Are Well-Positioned to Capture Them
16First-Quarter Comparisons
1Q 2006
1Q 2005
EPS
Million
Million
EPS
184
1.11
95
0.55
Net Income as Reported
Net Income Includes the Following Charges
Asbestos Settlement Net Restructuring/Severance
Costs Adverse Legal Settlement
0.03
6
5
0.03
23
-
0.14
-
0.52
-
-
91
213
1.28
191
1.10
Adjusted Net Income
17(No Transcript)