XML 58 R75.htm IDEA: XBRL DOCUMENT
v2.4.1.9

DEBT (Details 2) (USD $) | 12 Months Ended | 0 Months Ended |
--- | --- | --- | ---
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Mar. 28, 2013 | Mar. 31, 2012
Debt |  |  |  |  |
Debt issued |  |  |  |  | $ 400,000,000 us-gaap_DebtInstrumentFaceAmount
Notes retired |  | 200,000,000 us-gaap_RepaymentsOfNotesPayable | 791,000,000 us-gaap_RepaymentsOfNotesPayable |  |
Maturities of long term debt in year 2015 | 505,000,000 us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths |  |  |  |
Maturities of long term debt in year 2016 | 1,001,000,000 us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo |  |  |  |
Maturities of long term debt in year 2017 | 300,000,000 us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree |  |  |  |
Maturities of long term debt in year 2018 | 115,000,000 us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour |  |  |  |
Maturities of long term debt in year 2019 | 1,000,000 us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive |  |  |  |
Interest Paid | 220,000,000 us-gaap_InterestPaid | 232,000,000 us-gaap_InterestPaid | 269,000,000 us-gaap_InterestPaid |  |
Credit Agreement dated March 28, 2013 |  |  |  |  |
Debt |  |  |  |  |
Borrowing capacity, maximum |  |  |  | 1,250,000,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |
Debt to total adjusted capitalization ratio, maximum (as a percent) |  |  |  | 65.00%mas_DebtAdjustedCapitalizationRatioMaximum / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |
Minimum interest coverage ratio |  |  |  | 2.5 mas_MinimumInterestCoverageRatio / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |
Non-cash charges, including goodwill and other intangible asset impairment charges occurring from and after January 1, 2012 that would negatively impact shareholders' equity, maximum allowed to add back in calculation of debt to capitalization ratio | 250,000,000 mas_NonCashChargesIncludingGoodwillAndOtherIntangibleAssetImpairmentChargesAllowedToAddBackInCalculationOfDebtToCapitalizationRatio / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |  |  |  |
Additional borrowing capacity | 1,200,000,000 mas_LineOfCreditCovenantAdditionalBorrowingCapacity / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |  |  |  |
Absorption of reduction to shareholders' equity to remain in compliance with covenant | 747,000,000 mas_LineOfCreditCovenantPotentialReductionInEquityThatWouldMaintainCompliance / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |  |  |  |
Amount borrowed | 0 us-gaap_LineOfCreditFacilityAmountOutstanding / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember | 0 us-gaap_LineOfCreditFacilityAmountOutstanding / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |  |  |
Credit Agreement dated March 28, 2013 | Prime rate |  |  |  |  |
Debt |  |  |  |  |
Basis spread |  |  |  | prime rate |
Credit Agreement dated March 28, 2013 | Federal funds effective rate |  |  |  |  |
Debt |  |  |  |  |
Basis spread |  |  |  | Federal Funds effective rate |
Interest rate, basis spread (as a percent) |  |  |  | 0.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember / us-gaap_VariableRateAxis = mas_FederalFundsEffectiveRateMember |
Credit Agreement dated March 28, 2013 | Libor rate |  |  |  |  |
Debt |  |  |  |  |
Basis spread |  |  |  | LIBOR |
Interest rate, basis spread (as a percent) |  |  |  | 1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember / us-gaap_VariableRateAxis = us-gaap_LondonInterbankOfferedRateLIBORMember |
Credit Agreement dated March 28, 2013 | Revolver | European euros |  |  |  |  |
Debt |  |  |  |  |
Borrowing capacity, maximum | 500,000,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = us-gaap_RevolvingCreditFacilityMember / us-gaap_CurrencyAxis = currency_EUR / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |  |  |  |
Credit Agreement dated March 28, 2013 | Swingline loans |  |  |  |  |
Debt |  |  |  |  |
Borrowing capacity, maximum | 150,000,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = mas_SwingLineLoansMember / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |  |  |  |
Credit Agreement dated March 28, 2013 | Letters of credit |  |  |  |  |
Debt |  |  |  |  |
Borrowing capacity, maximum | 250,000,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = us-gaap_LetterOfCreditMember / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |  |  |  |
Outstanding and unused Letters of Credit | $ 75,000,000 us-gaap_LettersOfCreditOutstandingAmount / us-gaap_CreditFacilityAxis = us-gaap_LetterOfCreditMember / us-gaap_LineOfCreditFacilityAxis = mas_Year2013CreditAgreementMember |  |  |  |
5.95% Notes and Debentures Due 15 March 2022 |  |  |  |  |
Debt |  |  |  |  |
Interest rate (as a percent) | 5.95%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mas_NotesAndDebenturesEightMember |  |  |  |

X
- Definition Maximum debt as a percentage of the total capitalization under the debt covenant. + References No definition available. + Details
Name: | mas_DebtAdjustedCapitalizationRatioMaximum
Namespace Prefix: | mas_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Under the line of credit covenant's limit on debt to total capitalization ratio, permitted additional borrowing capacity beyond amounts already drawn as of the balance sheet date. + References No definition available. + Details
Name: | mas_LineOfCreditCovenantAdditionalBorrowingCapacity
Namespace Prefix: | mas_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Under the line of credit covenant's limit on debt to total capitalization ratio, amount of reduction in shareholders equity that the entity could absorb and still be in compliance as of the balance sheet date. + References No definition available. + Details
Name: | mas_LineOfCreditCovenantPotentialReductionInEquityThatWouldMaintainCompliance
Namespace Prefix: | mas_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Minimum Interest Coverage Ratio + References No definition available. + Details
Name: | mas_MinimumInterestCoverageRatio
Namespace Prefix: | mas_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Non-cash charges including goodwill and other intangible asset impairment charges, occurring from and after a specified date that would negatively impact shareholders' equity, maximum allowed to add back in calculation of debt to capitalization ratio. + References No definition available. + Details
Name: | mas_NonCashChargesIncludingGoodwillAndOtherIntangibleAssetImpairmentChargesAllowedToAddBackInCalculationOfDebtToCapitalizationRatio
Namespace Prefix: | mas_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of cash paid for interest during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4297-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3536-108585 + Details
Name: | us-gaap_InterestPaid
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount borrowed under the credit facility as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityAmountOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The cash outflow for a borrowing supported by a written promise to pay an obligation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3291-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 + Details
Name: | us-gaap_RepaymentsOfNotesPayable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=mas_NotesAndDebenturesEightMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=mas_Year2013CreditAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |