INTERIM FINANCIAL INFORMATION (UNAUDITED)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

INTERIM FINANCIAL INFORMATION (UNAUDITED)

INTERIM FINANCIAL INFORMATION (UNAUDITED)

Our quarterly results attributable to Masco Corporation were as follows:

			Quarters Ended
			(In Millions, Except Per Common Share Data)
	Total Year		December 31		September 30		June 30		March 31
2017
Net sales	$	7,644	$	1,874	$	1,936	$	2,057	$	1,777
Gross profit	$	2,611	$	616	$	650	$	737	$	608
Net income	$	533	$	87	$	148	$	158	$	140
Earnings per common share:
Basic:
Net income	$	1.68	$	0.28	$	0.47	$	0.50	$	0.44
Diluted:
Net income	$	1.66	$	0.27	$	0.46	$	0.49	$	0.43
2016
Net sales	$	7,357	$	1,759	$	1,877	$	2,001	$	1,720
Gross profit	$	2,456	$	573	$	614	$	700	$	569
Net income	$	491	$	98	$	134	$	150	$	109
Earnings per common share:
Basic:
Net income	$	1.49	$	0.30	$	0.41	$	0.45	$	0.33
Diluted:
Net income	$	1.47	$	0.30	$	0.40	$	0.45	$	0.32

Earnings per common share amounts for the four quarters of December 31, 2017 and 2016 may not total to the earnings per common share amounts for the years ended December 31, 2017 and 2016 due to the allocation of income to participating securities.