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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 1,929 $ 1,876 $ 3,588 $ 3,506
Cost of sales 1,292 1,301 2,456 2,449
Gross profit 637 575 1,132 1,057
Selling, general and administrative expenses 358 354 688 683
Operating profit 279 221 444 374
Other income (expense), net:        
Interest expense (61) (56) (117) (112)
Other, net 3 6 4 3
Total other income (expense), net (58) (50) (113) (109)
Income from continuing operations before income taxes 221 171 331 265
Income taxes 102 34 142 38
Income from continuing operations 119 137 189 227
(Loss) gain from discontinued operations, net (4) 15 (1) 11
Net income 115 152 188 238
Less: Net income attributable to noncontrolling interest 10 13 19 25
Net income attributable to Masco Corporation $ 105 $ 139 $ 169 $ 213
Basic:        
Income from continuing operations (in dollars per share) $ 0.32 $ 0.35 $ 0.49 $ 0.57
(Loss) gain from discontinued operations, net (in dollars per share) (0.01) 0.04   0.03
Net income (in dollars per share) 0.30 0.39 0.49 0.60
Diluted:        
Income from continuing operations (in dollars per share) 0.31 0.35 0.48 0.56
(Loss) gain from discontinued operations, net (in dollars per share) (0.01) 0.04   0.03
Net income (in dollars per share) $ 0.30 $ 0.39 $ 0.48 $ 0.59
Amounts attributable to Masco Corporation:        
Income from continuing operations $ 109 $ 124 $ 170 $ 202
(Loss) gain from discontinued operations, net (4) 15 (1) 11
Net income attributable to Masco Corporation $ 105 $ 139 $ 169 $ 213