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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 1,936 $ 1,877 $ 5,770 $ 5,598
Cost of sales 1,286 1,263 3,775 3,715
Gross profit 650 614 1,995 1,883
Selling, general and administrative expenses 355 345 1,090 1,045
Operating profit 295 269 905 838
Other income (expense), net:        
Interest expense (43) (43) (239) (186)
Other, net 4 1 58 5
Total other income (expense), net (39) (42) (181) (181)
Income before income taxes 256 227 724 657
Income tax expense 96 81 243 229
Net income 160 146 481 428
Less: Net income attributable to noncontrolling interest 12 12 35 35
Net income attributable to Masco Corporation $ 148 $ 134 $ 446 $ 393
Basic:        
Net income (in dollars per share) $ 0.47 $ 0.41 $ 1.40 $ 1.18
Diluted:        
Net income (in dollars per share) $ 0.46 $ 0.40 $ 1.38 $ 1.17