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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash investments $ 1,282 $ 1,223
Short-term bank deposits 275 321
Receivables 1,229 1,004
Prepaid expenses and other 353 155
Inventories:    
Finished goods 459 398
Raw material 289 268
Work in process 114 99
Total 862 765
Total current assets 4,001 3,468
Property and equipment, net 1,153 1,252
Goodwill 1,891 1,903
Other intangible assets, net 147 149
Other assets 181 185
Total assets 7,373 6,957
Current liabilities:    
Notes payable 505 6
Accounts payable 1,020 902
Accrued liabilities 890 874
Total current liabilities 2,415 1,782
Long-term debt 2,919 3,421
Deferred income taxes and other 681 967
Total liabilities 6,015 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 - 349,900,000; 2013 - 349,500,000 350 349
Preferred shares authorized: 1,000,000; issued and outstanding: 2014 - None; 2013 - None      
Paid-in capital 17 16
Retained earnings 716 79
Accumulated other comprehensive income 64 115
Total Masco Corporation's shareholders' equity 1,147 559
Noncontrolling interest 211 228
Total equity 1,358 787
Total liabilities and equity $ 7,373 $ 6,957