CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current Assets:
Cash and cash investments	$ 1,089	$ 697
Receivables	1,308	997
Prepaid expenses and other	78	90
Assets held for sale	0	173
Inventories:
Finished goods	460	485
Raw material	219	211
Work in process	71	58
Total inventories	750	754
Total current assets	3,225	2,711
Property and equipment, net	861	878
Operating lease right-of-use assets	163	176
Goodwill	521	509
Other intangible assets, net	259	259
Other assets	273	139
Assets held for sale	0	355
Total assets	5,302	5,027
Current Liabilities:
Accounts payable	845	697
Notes payable	407	2
Accrued liabilities	902	700
Liabilities held for sale	0	149
Total current liabilities	2,154	1,548
Long-term debt	2,372	2,771
Operating Lease, Liability, Noncurrent	150	162
Other liabilities	589	589
Liabilities held for sale	0	13
Total liabilities	5,265	5,083
Commitments and contingencies (Note P)
Masco Corporation's shareholders' equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2020 – 260,400,000; 2019 – 275,600,000	260	276
Preferred shares authorized: 1,000,000; Issued and outstanding: 2020 and 2019 – None	0	0
Paid-in capital	11	0
Retained deficit	(223)	(332)
Accumulated other comprehensive loss	(184)	(179)
Total Masco Corporation's shareholders' deficit	(136)	(235)
Noncontrolling interest	173	179
Total equity	37	(56)
Total liabilities and equity	$ 5,302	$ 5,027