CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash investments	$ 1,578	$ 1,383
Short-term bank deposits	197	306
Receivables	1,248	1,040
Deferred income taxes	219	244
Prepaid expenses and other	74	71
Inventories:
Finished goods	467	425
Raw material	291	294
Work in process	105	100
Total	863	819
Total current assets	4,179	3,863
Property and equipment, net	1,106	1,139
Goodwill	1,878	1,884
Other intangible assets, net	158	145
Other assets	147	136
Total Assets	7,468	7,167
Current Liabilities:
Notes payable	506	505
Accounts payable	1,019	950
Accrued liabilities	682	756
Total current liabilities	2,207	2,211
Long-term debt	3,418	2,919
Other liabilities	770	803
Deferred income taxes	114	106
Total Liabilities	6,509	6,039
Commitments and contingencies
Masco Corporation's shareholders' equity:
Common shares, par value $1 per share; Authorized shares: 1,400,000,000; issued and outstanding: 2015 - 342,600,000; 2014 - 345,000,000	343	345
Preferred shares authorized: 1,000,000; issued and outstanding: 2015 - None; 2014 - None
Retained earnings	606	690
Accumulated other comprehensive loss	(180)	(111)
Total Masco Corporation's shareholders' equity	769	924
Noncontrolling interest	190	204
Total equity	959	1,128
Total liabilities and equity	$ 7,468	$ 7,167