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INTERIM FINANCIAL INFORMATION (UNAUDITED)
12 Months Ended
Dec. 31, 2018
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
2018
 
 
 
 

 
 

 
 

 
 

Net sales
 
$
8,359

 
$
2,041

 
$
2,101

 
$
2,297

 
$
1,920

Gross profit
 
$
2,689

 
$
653

 
$
667

 
$
750

 
$
619

Net income
 
$
734

 
$
194

 
$
180

 
$
211

 
$
149

Income per common share:
 
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
 
Net income
 
$
2.38

 
$
0.65

 
$
0.59

 
$
0.69

 
$
0.48

Diluted:
 
 
 
 
 
 
 
 
 
 
Net income
 
$
2.37

 
$
0.64

 
$
0.58

 
$
0.68

 
$
0.47

2017
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
7,642

 
$
1,853

 
$
1,945

 
$
2,066

 
$
1,778

Gross profit
 
$
2,612

 
$
604

 
$
657

 
$
746

 
$
605

Net income
 
$
533

 
$
80

 
$
152

 
$
163

 
$
138

Income per common share:
 
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
 
Net income
 
$
1.68

 
$
0.25

 
$
0.48

 
$
0.51

 
$
0.43

Diluted:
 
 
 
 
 
 
 
 
 
 
Net income
 
$
1.66

 
$
0.25

 
$
0.48

 
$
0.51

 
$
0.43


Income per common share amounts for the four quarters of December 31, 2018 and 2017 may not total to the income per common share amounts for the years ended December 31, 2018 and 2017 due to the allocation of income to participating securities.