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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash investments $ 390 $ 634
Receivables 1,318 1,035
Inventories 1,097 938
Prepaid expenses and other 119 123
Total current assets 2,925 2,730
Property and equipment, net 1,174 1,116
Goodwill 621 597
Other intangible assets, net 219 220
Operating lease right-of-use assets 244 231
Other assets 106 123
Total assets 5,288 5,016
Current liabilities:    
Accounts payable 871 789
Notes payable 48 3
Accrued liabilities 690 767
Total current liabilities 1,609 1,560
Long-term debt 2,945 2,945
Noncurrent operating lease liabilities 231 223
Other liabilities 352 342
Total liabilities 5,138 5,069
Commitments and contingencies (Note L)
Masco Corporation's shareholders' equity:    
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2025 – 209,400,000; 2024 – 212,500,000 209 212
Preferred shares authorized: 1,000,000; Issued and outstanding: 2025 and 2024 – None 0 0
Paid-in capital 0 0
Retained deficit (583) (693)
Accumulated other comprehensive income 289 201
Total Masco Corporation's shareholders' deficit (84) (279)
Noncontrolling interest 234 227
Total equity 150 (53)
Total liabilities and equity $ 5,288 $ 5,016