CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash investments	$ 510	$ 452
Receivables	1,329	1,149
Inventories	1,196	1,236
Prepaid expenses and other	113	109
Total current assets	3,148	2,946
Property and equipment, net	1,019	975
Goodwill	540	537
Other intangible assets, net	344	350
Operating lease right-of-use assets	266	266
Other assets	113	113
Total assets	5,430	5,187
Current liabilities:
Accounts payable	913	877
Notes payable	413	205
Accrued liabilities	692	807
Total current liabilities	2,018	1,889
Long-term debt	2,946	2,946
Noncurrent operating lease liabilities	254	255
Other liabilities	332	339
Total liabilities	5,550	5,429
Commitments and contingencies (Note L)
Redeemable noncontrolling interest	20	20
Masco Corporation's shareholders' equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2023 – 225,000,000; 2022 – 225,300,000	225	225
Preferred shares authorized: 1,000,000; Issued and outstanding: 2023 and 2022 – None	0	0
Paid-in capital	0	16
Retained deficit	(847)	(947)
Accumulated other comprehensive income	243	226
Total Masco Corporation's shareholders' deficit	(379)	(480)
Noncontrolling interest	239	218
Total equity	(140)	(262)
Total liabilities and equity	$ 5,430	$ 5,187