CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash investments	$ 1,468	$ 1,379
Short-term bank deposits	248	306
Receivables	853	820
Inventories	687	712
Prepaid expenses and other	72	68
Assets held for sale		335
Total current assets	3,328	3,620
Property and equipment, net	1,027	1,046
Goodwill	839	840
Other intangible assets, net	160	142
Other assets	326	419
Assets held for sale		1,141
Total Assets	5,680	7,208
Current Liabilities:
Accounts payable	749	721
Notes payable	1,005	505
Accrued liabilities	752	685
Liabilities held for sale		300
Total current liabilities	2,506	2,211
Long-term debt	2,418	2,919
Other liabilities	698	781
Liabilities held for sale		169
Total Liabilities	$ 5,622	$ 6,080
Commitments and contingencies (Note U)
Masco Corporation's shareholders' equity
Common shares authorized: 1,400,000,000; issued and outstanding: 2015 - 000,000,000; 2014 - 345,000,000	$ 330	$ 345
Preferred shares authorized: 1,000,000; issued and outstanding: 2015 - None; 2014 - None
Retained (deficit) earnings	$ (300)	$ 690
Accumulated other comprehensive loss	(165)	(111)
Total Masco Corporation's shareholders' (deficit) equity	(135)	924
Noncontrolling interest	193	204
Total Equity	58	1,128
Total Liabilities and Equity	$ 5,680	$ 7,208