CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash investments	$ 1,383	$ 1,223
Short-term bank deposits	306us-gaap_ShortTermInvestments	321us-gaap_ShortTermInvestments
Receivables	1,040us-gaap_ReceivablesNetCurrent	1,004us-gaap_ReceivablesNetCurrent
Inventories	819us-gaap_InventoryNet	765us-gaap_InventoryNet
Deferred income taxes	244	73
Prepaid expenses and other	71	82
Total current assets	3,863us-gaap_AssetsCurrent	3,468us-gaap_AssetsCurrent
Property and equipment, net	1,139us-gaap_PropertyPlantAndEquipmentNet	1,252us-gaap_PropertyPlantAndEquipmentNet
Goodwill	1,884us-gaap_Goodwill	1,903us-gaap_Goodwill
Other intangible assets, net	145	149
Other assets	136us-gaap_OtherAssetsNoncurrent	185us-gaap_OtherAssetsNoncurrent
Total Assets	7,167us-gaap_Assets	6,957us-gaap_Assets
Current Liabilities:
Accounts payable	950us-gaap_AccountsPayableCurrent	902us-gaap_AccountsPayableCurrent
Notes payable	505us-gaap_NotesPayableCurrent	6us-gaap_NotesPayableCurrent
Accrued liabilities	756us-gaap_AccruedLiabilitiesCurrent	778us-gaap_AccruedLiabilitiesCurrent
Total current liabilities	2,211us-gaap_LiabilitiesCurrent	1,686us-gaap_LiabilitiesCurrent
Long-term debt	2,919us-gaap_LongTermDebtNoncurrent	3,421us-gaap_LongTermDebtNoncurrent
Other liabilities	803us-gaap_OtherLiabilitiesNoncurrent	666us-gaap_OtherLiabilitiesNoncurrent
Deferred income taxes	106	397
Total Liabilities	6,039us-gaap_Liabilities	6,170us-gaap_Liabilities
Commitments and contingencies
Masco Corporation's shareholders' equity:
Common shares authorized: 1,400,000,000; issued and outstanding: 2014 - 345,000,0000; 2013 - 349,500,000	345us-gaap_CommonStockValue	349us-gaap_CommonStockValue
Preferred shares authorized: 1,000,000; issued and outstanding: 2014 and 2013 - None
Paid-in capital		16
Retained earnings	690	79
Accumulated other comprehensive (loss) income	(111)	115
Total Masco Corporation's shareholders' equity	924us-gaap_StockholdersEquity	559us-gaap_StockholdersEquity
Noncontrolling interest	204us-gaap_MinorityInterest	228us-gaap_MinorityInterest
Total Equity	1,128	787
Total Liabilities and Equity	$ 7,167	$ 6,957

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Subparagraph a

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682