CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash investments	$ 1,141	$ 990
Short-term bank deposits	77	201
Receivables	1,128	917
Prepaid expenses and other	96	114
Inventories:
Finished goods	478	366
Raw material	280	254
Work in process	108	92
Total inventories	866	712
Total current assets	3,308	2,934
Property and equipment, net	1,097	1,060
Goodwill	801	832
Other intangible assets, net	156	154
Other assets	121	157
Total assets	5,483	5,137
Current liabilities:
Accounts payable	916	800
Notes payable	117	2
Accrued liabilities	675	658
Total current liabilities	1,708	1,460
Long-term debt	2,969	2,995
Other liabilities	746	785
Total liabilities	5,423	5,240
Commitments and contingencies (Note N)
Masco Corporation’s shareholders’ equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2017 – 311,500,000; 2016 – 318,000,000	311	318
Preferred shares authorized: 1,000,000; Issued and outstanding: 2017 and 2016 – None	0	0
Paid-in capital	0	0
Retained deficit	(343)	(381)
Accumulated other comprehensive loss	(127)	(235)
Total Masco Corporation’s shareholders’ deficit	(159)	(298)
Noncontrolling interest	219	195
Total equity	60	(103)
Total liabilities and equity	$ 5,483	$ 5,137