CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash investments	$ 1,041	$ 1,468
Short-term bank deposits	182	248
Receivables	1,054	853
Prepaid expenses and other	87	72
Inventories:
Finished goods	422	358
Raw material	243	238
Work in process	93	91
Total	758	687
Total current assets	3,122	3,328
Property and equipment, net	1,049	1,027
Goodwill	841	839
Other intangible assets, net	155	160
Other assets	206	310
Total assets	5,373	5,664
Current liabilities:
Notes payable	3	1,004
Accounts payable	866	749
Accrued liabilities	642	650
Total current liabilities	1,511	2,403
Long-term debt	2,993	2,403
Other liabilities	766	800
Total liabilities	5,270	5,606
Commitments and contingencies
Masco Corporation’s shareholders’ equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2016 – 324,500,000; 2015 – 330,500,000	325	330
Preferred shares authorized: 1,000,000; Issued and outstanding: 2016 and 2015 – None	0	0
Paid-in capital	0	0
Retained deficit	(253)	(300)
Accumulated other comprehensive loss	(170)	(165)
Total Masco Corporation’s shareholders’ deficit	(98)	(135)
Noncontrolling interest	201	193
Total equity	103	58
Total liabilities and equity	$ 5,373	$ 5,664