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SHAREHOLDERS' EQUITY
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
SHAREHOLDERS' EQUITY
N. SHAREHOLDERS' EQUITY

Effective October 20, 2022, our Board of Directors authorized the repurchase, for retirement, of up to $2.0 billion of shares of our common stock, exclusive of excise tax, in open-market transactions or otherwise. During 2023, we repurchased and retired 6.2 million shares of our common stock (including 0.2 million shares to offset the dilutive impact of restricted stock units granted in 2023), for $356 million, inclusive of excise tax of $3 million. At December 31, 2023, we had $1.6 billion remaining under the 2022 authorization.
During 2022, we repurchased and retired 16.6 million shares of our common stock (including 0.6 million shares to offset the dilutive impact of restricted stock units granted in 2022), for cash aggregating $914 million.
During 2021, we repurchased and retired 17.6 million shares of our common stock (including 0.7 million shares to offset the dilutive impact of restricted stock units granted in 2021) for cash aggregating $1,026 million.
On the basis of amounts paid (declared), cash dividends per common share were $1.140 ($1.140) in 2023, $1.120 ($1.120) in 2022 and $0.845 ($0.705) in 2021.
N. SHAREHOLDERS' EQUITY (Concluded)

Accumulated Other Comprehensive Income.    The components of accumulated other comprehensive income attributable to Masco Corporation were as follows, in millions:
 At December 31,
 20232022
Cumulative translation adjustments, net$291 $261 
Unrecognized net loss and prior service cost, net(42)(35)
Accumulated other comprehensive income$249 $226 
The cumulative translation adjustment, net, is reported net of income tax benefit of $3 million and $2 million at December 31, 2023 and 2022, respectively. The unrecognized net loss and prior service cost, net, is reported net of income tax benefit of $6 million and $4 million at December 31, 2023 and 2022, respectively.