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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash investments $ 1,195 $ 1,223
Short-term bank deposits 228 321
Receivables 1,306 1,004
Prepaid expenses and other 160 155
Inventories:    
Finished goods 480 398
Raw material 296 268
Work in process 118 99
Total 894 765
Total current assets 3,783 3,468
Property and equipment, net 1,216 1,252
Goodwill 1,902 1,903
Other intangible assets, net 149 149
Other assets 177 185
Total assets 7,227 6,957
Current liabilities:    
Notes payable 507 6
Accounts payable 1,122 902
Accrued liabilities 833 874
Total current liabilities 2,462 1,782
Long-term debt 2,921 3,421
Deferred income taxes and other 942 967
Total liabilities 6,325 6,170
Commitments and contingencies      
Masco Corporation's shareholders' equity:    
Common shares, par value $1 per share Authorized shares: 1,400,000,000; issued and outstanding: 2014 - 349,400,000; 2013 - 349,500,000 349 349
Preferred shares authorized: 1,000,000; issued and outstanding: 2014 - None; 2013 - None      
Paid-in capital 13 16
Retained earnings 205 79
Accumulated other comprehensive income 119 115
Total Masco Corporation's shareholders' equity 686 559
Noncontrolling interest 216 228
Total equity 902 787
Total liabilities and equity $ 7,227 $ 6,957