EX-99.1 4 d528525dex991.htm EX-99.1

Exhibit 99.1

Item 6. | Selected Financial Data.

|  | Dollars in Millions (Except Per Common Share Data) |
|  | 2012 |  |  | 2011 |  |  | 2010 |  |  | 2009 |  |  | 2008 |
Net Sales (1) |  | $ | 7,495 |  |  | $ | 7,170 |  |  | $ | 7,183 |  |  | $ | 7,297 |  |  | $ | 8,915 |
Operating profit (loss) (1)(2)(3)(4)(5)(6)$ |  |  | 302 |  |  | $ | (215 | ) |  | $ | (466 | ) |  | $ | 57 |  |  | $ | 133 |
Loss from continuing operations attributable to Masco Corporation (1)(2)(3)(4)(5)(6) |  | $ | (53 | ) |  | $ | (394 | ) |  | $ | (1,027 | ) |  | $ | (145 | ) |  | $ | (339 | )
Loss per common share from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (.16 | ) |  | $ | (1.14 | ) |  | $ | (2.95 | ) |  | $ | (.42 | ) |  | $ | (.98 | )
Diluted |  | $ | (.16 | ) |  | $ | (1.14 | ) |  | $ | (2.95 | ) |  | $ | (.42 | ) |  | $ | (.98 | )
Dividends declared |  | $ | .30 |  |  | $ | .30 |  |  | $ | .30 |  |  | $ | .30 |  |  | $ | .93 |
Dividends paid |  | $ | .30 |  |  | $ | .30 |  |  | $ | .30 |  |  | $ | .46 |  |  | $ | .925 |
At December 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets |  | $ | 6,875 |  |  | $ | 7,297 |  |  | $ | 8,140 |  |  | $ | 9,175 |  |  | $ | 9,483 |
Long-term debt |  |  | 3,422 |  |  |  | 3,222 |  |  |  | 4,032 |  |  |  | 3,604 |  |  |  | 3,915 |
Shareholders’ equity |  |  | 534 |  |  |  | 742 |  |  |  | 1,582 |  |  |  | 2,817 |  |  |  | 2,981 |

(1) | Amounts exclude discontinued operations.

(2) | The year 2012 includes non-cash impairment charges for other intangible assets aggregating $27 million after tax ($42 million pre-tax).

(3) | The year 2011 includes non-cash impairment charges for goodwill and other intangible assets aggregating $291 million after tax ($450 million pre-tax).

(4) | The year 2010 includes non-cash impairment charges for goodwill and other intangible assets aggregating $586 million after tax ($698 million pre-tax). The year 2010 also includes a valuation allowance on U.S. deferred tax assets of $372 million.

(5) | The year 2009 includes non-cash impairment charges for goodwill aggregating $180 million after tax ($262 million pre-tax).

(6) | The year 2008 includes non-cash impairment charges for goodwill and other intangible assets aggregating $412 million after tax ($415 million pre-tax).

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