10-Q Filing

MASCO CORP /DE/ CIK: 62996 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001104659-15-053853`
Period End Date	20150630
Filing Date	20150728
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	mas-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 94 Cash Flow Statement 54 Stockholders Equity 25 Comprehensive Income 48

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Common share, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common share, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common shares, shares authorized	`CommonStockSharesAuthorized`	1.40B	shares	Point-in-time
Common shares, shares authorized	`CommonStockSharesAuthorized`	1.40B	shares	Point-in-time
Common shares, shares issued	`CommonStockSharesIssued`	345.00M	shares	Point-in-time
Cash and cash investments	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Cash and cash investments	`CashAndCashEquivalentsAtCarryingValue`	$1.30B	USD	Point-in-time
Common shares, shares issued	`CommonStockSharesIssued`	339.00M	shares	Point-in-time
Common shares, shares outstanding	`CommonStockSharesOutstanding`	345.00M	shares	Point-in-time
Short-term bank deposits	`ShortTermInvestments`	$210.00M	USD	Point-in-time
Common shares, shares outstanding	`CommonStockSharesOutstanding`	339.00M	shares	Point-in-time
Short-term bank deposits	`ShortTermInvestments`	$306.00M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$1.10B	USD	Point-in-time
Preferred shares, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred shares, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Receivables	`ReceivablesNetCurrent`	$820.00M	USD	Point-in-time
Preferred shares, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetCurrent`	$206.00M	USD	Point-in-time
Preferred shares, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetCurrent`	$127.00M	USD	Point-in-time
Preferred shares, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred shares, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$68.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$72.00M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$373.00M	USD	Point-in-time
Finished goods	`InventoryFinishedGoods`	$416.00M	USD	Point-in-time
Finished goods	`InventoryFinishedGoods`	$361.00M	USD	Point-in-time
Raw material	`InventoryRawMaterials`	$264.00M	USD	Point-in-time
Raw material	`InventoryRawMaterials`	$251.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcess`	$99.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcess`	$100.00M	USD	Point-in-time
Total	`InventoryNet`	$712.00M	USD	Point-in-time
Total	`InventoryNet`	$779.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.86B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.59B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.03B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.05B	USD	Point-in-time
Goodwill	`Goodwill`	$840.00M	USD	Point-in-time
Goodwill	`Goodwill`	$845.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$142.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$164.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$200.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$243.00M	USD	Point-in-time
Assets held for sale	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$1.14B	USD	Point-in-time
Total Assets	`Assets`	$5.87B	USD	Point-in-time
Total Assets	`Assets`	$7.23B	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$6.00M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$505.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$721.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$889.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$685.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$695.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$300.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.59B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.92B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.42B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$729.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$768.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$207.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.11B	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.74B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares, par value $1 per share; Authorized shares: 1,400,000,000; issued and outstanding: 2015- 000; 2014 - 345,000,000	`CommonStockValue`	$345.00M	USD	Point-in-time
Common shares, par value $1 per share; Authorized shares: 1,400,000,000; issued and outstanding: 2015- 000; 2014 - 345,000,000	`CommonStockValue`	$339.00M	USD	Point-in-time
Preferred shares authorized: 1,000,000; issued and outstanding: 2015 - None; 2014 - None	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares authorized: 1,000,000; issued and outstanding: 2015 - None; 2014 - None	`PreferredStockValue`	-	USD	Point-in-time
Retained (deficit) earnings	`RetainedEarningsAccumulatedDeficit`	$-239.00M	USD	Point-in-time
Retained (deficit) earnings	`RetainedEarningsAccumulatedDeficit`	$690.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-111.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-147.00M	USD	Point-in-time
Total Masco Corporation's shareholders' (deficit) equity	`StockholdersEquity`	$924.00M	USD	Point-in-time
Total Masco Corporation's shareholders' (deficit) equity	`StockholdersEquity`	$-47.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$178.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$204.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$902.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$787.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.23B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.87B	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$1.88B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$3.51B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$3.59B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$1.93B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.29B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.30B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.46B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.45B	USD	2 Qtrs
Gross profit	`GrossProfit`	$637.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.13B	USD	2 Qtrs
Gross profit	`GrossProfit`	$575.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.06B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$358.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$688.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$354.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$683.00M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$374.00M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$444.00M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$279.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$221.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$56.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$117.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$112.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$61.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$4.00M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$6.00M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-109.00M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-58.00M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-50.00M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-113.00M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$171.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$265.00M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$221.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$331.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$34.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$142.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$102.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$38.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$119.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$137.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$189.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$227.00M	USD	2 Qtrs
(Loss) gain from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.00M	USD	2 Qtrs
(Loss) gain from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$11.00M	USD	2 Qtrs
(Loss) gain from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-4.00M	USD	1 Quarter
(Loss) gain from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$15.00M	USD	1 Quarter
Net income	`ProfitLoss`	$115.00M	USD	1 Quarter
Net income	`ProfitLoss`	$152.00M	USD	1 Quarter
Net income	`ProfitLoss`	$188.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$238.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.00M	USD	2 Qtrs
Net income attributable to Masco Corporation	`NetIncomeLoss`	$213.00M	USD	2 Qtrs
Net income attributable to Masco Corporation	`NetIncomeLoss`	$139.00M	USD	1 Quarter
Net income attributable to Masco Corporation	`NetIncomeLoss`	$105.00M	USD	1 Quarter
Net income attributable to Masco Corporation	`NetIncomeLoss`	$169.00M	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.32	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.57	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.49	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.35	USD	1 Quarter
(Loss) gain from discontinued operations, net (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	1 Quarter
(Loss) gain from discontinued operations, net (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.04	USD	1 Quarter
(Loss) gain from discontinued operations, net (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.03	USD	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareBasic`	$0.60	USD	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.56	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.48	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.31	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.35	USD	1 Quarter
(Loss) gain from discontinued operations, net (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.04	USD	1 Quarter
(Loss) gain from discontinued operations, net (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.03	USD	2 Qtrs
(Loss) gain from discontinued operations, net (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	2 Qtrs
Net income (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$109.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$124.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$202.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$170.00M	USD	2 Qtrs
(Loss) gain from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.00M	USD	2 Qtrs
(Loss) gain from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$11.00M	USD	2 Qtrs
(Loss) gain from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-4.00M	USD	1 Quarter
(Loss) gain from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$15.00M	USD	1 Quarter
Net income attributable to Masco Corporation	`NetIncomeLoss`	$213.00M	USD	2 Qtrs
Net income attributable to Masco Corporation	`NetIncomeLoss`	$139.00M	USD	1 Quarter
Net income attributable to Masco Corporation	`NetIncomeLoss`	$105.00M	USD	1 Quarter
Net income attributable to Masco Corporation	`NetIncomeLoss`	$169.00M	USD	2 Qtrs

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Cash provided by operations	`CashProvidedByUsedInOperatingActivitiesBeforeReconcilingAdjustments`	$345.00M	USD	2 Qtrs
Cash provided by operations	`CashProvidedByUsedInOperatingActivitiesBeforeReconcilingAdjustments`	$355.00M	USD	2 Qtrs
Increase in receivables	`IncreaseDecreaseInReceivables`	$332.00M	USD	2 Qtrs
Increase in receivables	`IncreaseDecreaseInReceivables`	$318.00M	USD	2 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$63.00M	USD	2 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$129.00M	USD	2 Qtrs
Increase in accounts payable and accrued liabilities, net	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$163.00M	USD	2 Qtrs
Increase in accounts payable and accrued liabilities, net	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$179.00M	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.00M	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$139.00M	USD	2 Qtrs
Retirement of notes	`RepaymentsOfNotesPayable`	$500.00M	USD	2 Qtrs
Purchase of Company common stock	`PaymentsForRepurchaseOfCommonStock`	$39.00M	USD	2 Qtrs
Purchase of Company common stock	`PaymentsForRepurchaseOfCommonStock`	$207.00M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$62.00M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$54.00M	USD	2 Qtrs
Dividend payment to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$34.00M	USD	2 Qtrs
Dividend payment to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$36.00M	USD	2 Qtrs
Cash distributed to TopBuild Corp.	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-63.00M	USD	2 Qtrs
Issuance of TopBuild Corp. debt	`ProceedsFromIssuanceOfDebtRelatedToDiscontinuedOperations`	$200.00M	USD	2 Qtrs
Issuance of notes, net of issuance costs	`ProceedsFromNotesPayable`	$497.00M	USD	2 Qtrs
Increase in debt, net	`ProceedsFromIssuanceOfLongTermDebt`	$1.00M	USD	2 Qtrs
Issuance of Company common stock	`ProceedsFromIssuanceOfCommonStock`	$1.00M	USD	2 Qtrs
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$15.00M	USD	2 Qtrs
Credit Agreement and other financing costs	`PaymentsOfCreditAgreementCosts`	$3.00M	USD	2 Qtrs
Net cash for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-159.00M	USD	2 Qtrs
Net cash for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-125.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$70.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$54.00M	USD	2 Qtrs
Acquisition of companies, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$42.00M	USD	2 Qtrs
Acquisition of companies, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.00M	USD	2 Qtrs
Short-term bank deposits	`ProceedsFromSaleOfShortTermInvestments`	$190.00M	USD	2 Qtrs
Short-term bank deposits	`ProceedsFromSaleOfShortTermInvestments`	$222.00M	USD	2 Qtrs
Other financial investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$13.00M	USD	2 Qtrs
Other financial investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$6.00M	USD	2 Qtrs
Property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	2 Qtrs
Property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.00M	USD	2 Qtrs
Short-term bank deposits	`PaymentsToAcquireShortTermInvestments`	$119.00M	USD	2 Qtrs
Short-term bank deposits	`PaymentsToAcquireShortTermInvestments`	$131.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$16.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$29.00M	USD	2 Qtrs
Net cash (for) from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$40.00M	USD	2 Qtrs
Net cash (for) from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash investments	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-6.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash investments	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.00M	USD	2 Qtrs
Decrease for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-86.00M	USD	2 Qtrs
Decrease for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.00M	USD	2 Qtrs
At January 1	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$1.38B	USD	Point-in-time
At January 1	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$1.20B	USD	Point-in-time
At January 1	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$1.30B	USD	Point-in-time
At January 1	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$1.22B	USD	Point-in-time
At June 30	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$1.38B	USD	Point-in-time
At June 30	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$1.20B	USD	Point-in-time
At June 30	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$1.30B	USD	Point-in-time
At June 30	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$1.22B	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.00M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$902.00M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$787.00M	USD	Point-in-time
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$239.00M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$154.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$162.00M	USD	1 Quarter
Shares issued	`StockIssuedDuringPeriodValueNewIssues`	$-4.00M	USD	2 Qtrs
Shares issued	`StockIssuedDuringPeriodValueNewIssues`	$-8.00M	USD	2 Qtrs
Repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$39.00M	USD	2 Qtrs
Repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$207.00M	USD	2 Qtrs
Surrendered (non-cash)	`SurrenderedNonCash`	$14.00M	USD	2 Qtrs
Surrendered (non-cash)	`SurrenderedNonCash`	$16.00M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$59.00M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$62.00M	USD	2 Qtrs
Dividend payment to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$34.00M	USD	2 Qtrs
Dividend payment to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$36.00M	USD	2 Qtrs
Separation of TopBuild Corp.	`StockholdersEquityNoteSpinoffTransaction`	$828.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.00M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.00M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$902.00M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$787.00M	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$115.00M	USD	1 Quarter
Net income	`ProfitLoss`	$152.00M	USD	1 Quarter
Net income	`ProfitLoss`	$188.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$238.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.00M	USD	2 Qtrs
Net income attributable to Masco Corporation	`NetIncomeLoss`	$213.00M	USD	2 Qtrs
Net income attributable to Masco Corporation	`NetIncomeLoss`	$139.00M	USD	1 Quarter
Net income attributable to Masco Corporation	`NetIncomeLoss`	$105.00M	USD	1 Quarter
Net income attributable to Masco Corporation	`NetIncomeLoss`	$169.00M	USD	2 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$43.00M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	2 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-53.00M	USD	2 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	2 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	2 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	1 Quarter
Amortization of pension prior service cost and net loss	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-7.00M	USD	2 Qtrs
Amortization of pension prior service cost and net loss	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.00M	USD	2 Qtrs
Amortization of pension prior service cost and net loss	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-3.00M	USD	1 Quarter
Amortization of pension prior service cost and net loss	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-3.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$47.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-45.00M	USD	2 Qtrs
Less: Other comprehensive income (loss) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Less: Other comprehensive income (loss) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$9.00M	USD	2 Qtrs
Less: Other comprehensive income (loss) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-14.00M	USD	1 Quarter
Less: Other comprehensive income (loss) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$3.00M	USD	2 Qtrs
Other comprehensive income (loss) attributable to Masco Corporation	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$33.00M	USD	1 Quarter
Other comprehensive income (loss) attributable to Masco Corporation	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.00M	USD	1 Quarter
Other comprehensive income (loss) attributable to Masco Corporation	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.00M	USD	2 Qtrs
Other comprehensive income (loss) attributable to Masco Corporation	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-36.00M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$239.00M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$154.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$162.00M	USD	1 Quarter
Less: Total comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Less: Total comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.00M	USD	2 Qtrs
Less: Total comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$22.00M	USD	2 Qtrs
Less: Total comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$24.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to Masco Corporation	`ComprehensiveIncomeNetOfTax`	$138.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to Masco Corporation	`ComprehensiveIncomeNetOfTax`	$217.00M	USD	2 Qtrs
Total comprehensive income (loss) attributable to Masco Corporation	`ComprehensiveIncomeNetOfTax`	$133.00M	USD	2 Qtrs
Total comprehensive income (loss) attributable to Masco Corporation	`ComprehensiveIncomeNetOfTax`	$143.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.