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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash investments $ 559 $ 634
Receivables 1,181 1,035
Inventories 1,069 938
Prepaid expenses and other 150 123
Total current assets 2,959 2,730
Property and equipment, net 1,181 1,116
Goodwill 622 597
Other intangible assets, net 213 220
Operating lease right-of-use assets 239 231
Other assets 98 123
Total assets 5,311 5,016
Current liabilities:    
Accounts payable 842 789
Notes payable 2 3
Accrued liabilities 732 767
Total current liabilities 1,576 1,560
Long-term debt 2,945 2,945
Noncurrent operating lease liabilities 226 223
Other liabilities 396 342
Total liabilities 5,143 5,069
Commitments and contingencies (Note L)
Masco Corporation's shareholders' equity:    
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2025 – 207,700,000; 2024 – 212,500,000 208 212
Preferred shares authorized: 1,000,000; Issued and outstanding: 2025 and 2024 – None 0 0
Paid-in capital 0 0
Retained deficit (576) (693)
Accumulated other comprehensive income 291 201
Total Masco Corporation's shareholders' deficit (78) (279)
Noncontrolling interest 246 227
Total equity 168 (53)
Total liabilities and equity $ 5,311 $ 5,016