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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 2,204 $ 2,204 $ 6,757 $ 6,353
Cost of sales 1,509 1,451 4,589 4,109
Gross profit 695 753 2,168 2,244
Selling, general and administrative expenses 344 368 1,056 1,057
Operating profit 351 385 1,112 1,187
Other income (expense), net:        
Interest expense (29) (26) (82) (253)
Other, net (12) (17) 4 (438)
Total other income (expense), net (41) (43) (78) (691)
Income before income taxes 310 342 1,034 496
Income tax expense 77 103 255 158
Net income 233 239 779 338
Less: Net income attributable to noncontrolling interest 15 19 50 60
Net income attributable to Masco Corporation $ 218 $ 220 $ 729 $ 278
Basic:        
Net income (in dollars per share) $ 0.97 $ 0.89 $ 3.14 $ 1.08
Diluted:        
Net income (in dollars per share) $ 0.97 $ 0.89 $ 3.13 $ 1.07