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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS      
Net sales $ 7,142 $ 7,006 $ 6,761
Cost of sales 4,889 4,946 4,802
Gross profit 2,253 2,060 1,959
Selling, general and administrative expenses 1,339 1,347 1,347
Income from litigation settlements   (9)  
Impairment charges for other intangible assets   1  
Operating profit 914 721 612
Other income (expense), net:      
Interest expense (225) (225) (235)
Other, net   11 9
Total other income (expense), net (225) (214) (226)
Income from continuing operations before income taxes 689 507 386
Income tax expense (benefit) 293 (361) 86
Income from continuing operations 396 868 300
(Loss) income from discontinued operations, net (2) 35 29
Net income 394 903 329
Less: Net income attributable to noncontrolling interest 39 47 41
Net income attributable to Masco Corporation $ 355 $ 856 $ 288
Basic:      
Income from continuing operations (in dollars per share) $ 1.04 $ 2.31 $ 0.72
(Loss) income from discontinued operations, net (0.01) 0.10 0.08
Net income (in dollars per share) 1.03 2.40 0.80
Diluted:      
Income from continuing operations (in dollars per share) 1.03 2.28 0.72
(Loss) income from discontinued operations, net (0.01) 0.10 0.08
Net income (in dollars per share) $ 1.02 $ 2.38 $ 0.80
Amounts attributable to Masco Corporation:      
Income from continuing operations $ 357 $ 821 $ 259
(Loss) income from discontinued operations, net (2) 35 29
Net income attributable to Masco Corporation $ 355 $ 856 $ 288