CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current Assets:
Cash and cash investments	$ 440	$ 926
Receivables	1,434	1,171
Prepaid expenses and other	131	109
Inventories:
Finished goods	823	702
Raw material	411	383
Work in process	120	131
Total inventories	1,354	1,216
Total current assets	3,359	3,422
Property and equipment, net	884	896
Goodwill	554	568
Other intangible assets, net	369	388
Operating lease right-of-use assets	198	187
Other assets	103	114
Total assets	5,467	5,575
Current Liabilities:
Accounts payable	1,128	1,045
Notes payable	508	10
Accrued liabilities	831	884
Total current liabilities	2,467	1,939
Long-term debt	2,946	2,949
Noncurrent operating lease liabilities	185	172
Other liabilities	410	437
Total liabilities	6,008	5,497
Commitments and contingencies (Note P)
Redeemable noncontrolling interest	22	22
Masco Corporation's shareholders' equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2022 – 225,200,000; 2021 – 241,200,000	225	241
Preferred shares authorized: 1,000,000; Issued and outstanding: 2022 and 2021 – None	0	0
Paid-in capital	7	0
Retained deficit	(1,154)	(652)
Accumulated other comprehensive income	180	232
Total Masco Corporation's shareholders' (deficit)	(742)	(179)
Noncontrolling interest	179	235
Total equity	(563)	56
Total liabilities and equity	$ 5,467	$ 5,575