CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current Assets:
Cash and cash investments	$ 1,326	$ 697
Receivables	1,262	997
Prepaid expenses and other	88	90
Assets held for sale	0	173
Inventories:
Finished goods	514	485
Raw material	255	211
Work in process	42	58
Total inventories	811	754
Total current assets	3,487	2,711
Property and equipment, net	878	878
Operating lease right-of-use assets	156	176
Goodwill	528	509
Other intangible assets, net	253	259
Other assets	273	139
Assets held for sale	0	355
Total assets	5,575	5,027
Current Liabilities:
Accounts payable	933	697
Notes payable	5	2
Accrued liabilities	799	700
Liabilities held for sale	0	149
Total current liabilities	1,737	1,548
Long-term debt	2,787	2,771
Operating Lease, Liability, Noncurrent	143	162
Other liabilities	567	589
Liabilities held for sale	0	13
Total liabilities	5,234	5,083
Commitments and contingencies (Note P)
Masco Corporation's shareholders' equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2020 – 260,500,000; 2019 – 275,600,000	261	276
Preferred shares authorized: 1,000,000; Issued and outstanding: 2020 and 2019 – None	0	0
Paid-in capital	21	0
Retained earnings (deficit)	15	(332)
Accumulated other comprehensive loss	(156)	(179)
Total Masco Corporation's shareholders' equity (deficit)	141	(235)
Noncontrolling interest	200	179
Total equity	341	(56)
Total liabilities and equity	$ 5,575	$ 5,027