CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash investments	$ 560	$ 452
Receivables	1,245	1,149
Inventories	1,046	1,236
Prepaid expenses and other	113	109
Total current assets	2,964	2,946
Property and equipment, net	1,077	975
Goodwill	593	537
Other intangible assets, net	395	350
Operating lease right-of-use assets	270	266
Other assets	72	113
Total assets	5,371	5,187
Current liabilities:
Accounts payable	844	877
Notes payable	66	205
Accrued liabilities	752	807
Total current liabilities	1,662	1,889
Long-term debt	2,946	2,946
Noncurrent operating lease liabilities	260	255
Other liabilities	336	339
Total liabilities	5,204	5,429
Commitments and contingencies (Note M)
Redeemable noncontrolling interest	19	20
Masco Corporation's shareholders' equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2023 – 224,400,000; 2022 – 225,300,000	224	225
Preferred shares authorized: 1,000,000; Issued and outstanding: 2023 and 2022 – None	0	0
Paid-in capital	4	16
Retained deficit	(507)	(947)
Accumulated other comprehensive income	223	226
Total Masco Corporation's shareholders' deficit	(56)	(480)
Noncontrolling interest	204	218
Total equity	148	(262)
Total liabilities and equity	$ 5,371	$ 5,187