CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash investments	$ 380	$ 452
Receivables	1,371	1,149
Inventories	1,144	1,236
Prepaid expenses and other	112	109
Total current assets	3,007	2,946
Property and equipment, net	1,063	975
Goodwill	540	537
Other intangible assets, net	337	350
Operating lease right-of-use assets	264	266
Other assets	97	113
Total assets	5,308	5,187
Current liabilities:
Accounts payable	958	877
Notes payable	79	205
Accrued liabilities	712	807
Total current liabilities	1,749	1,889
Long-term debt	2,946	2,946
Noncurrent operating lease liabilities	252	255
Other liabilities	333	339
Total liabilities	5,280	5,429
Commitments and contingencies (Note L)
Redeemable noncontrolling interest	21	20
Masco Corporation's shareholders' equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2023 – 224,800,000; 2022 – 225,300,000	225	225
Preferred shares authorized: 1,000,000; Issued and outstanding: 2023 and 2022 – None	0	0
Paid-in capital	13	16
Retained deficit	(671)	(947)
Accumulated other comprehensive income	241	226
Total Masco Corporation's shareholders' deficit	(192)	(480)
Noncontrolling interest	199	218
Total equity	7	(262)
Total liabilities and equity	$ 5,308	$ 5,187