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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 1,839 $ 1,834 $ 5,427 $ 5,340
Cost of sales 1,250 1,312 3,706 3,761
Gross profit 589 522 1,721 1,579
Selling, general and administrative expenses 331 341 1,019 1,024
Operating profit 258 181 702 555
Other income (expense), net:        
Interest expense (54) (57) (171) (169)
Other, net (6) 7 (2) 10
Total other income (expense), net (60) (50) (173) (159)
Income from continuing operations before income taxes 198 131 529 396
Income tax (expense) benefit (77) 415 (219) 377
Income from continuing operations 121 546 310 773
Income (loss) from discontinued operations, net   10 (1) 21
Net income 121 556 309 794
Less: Net income attributable to noncontrolling interest 10 13 29 38
Net income attributable to Masco Corporation $ 111 $ 543 $ 280 $ 756
Basic:        
Income from continuing operations (in dollars per share) $ 0.33 $ 1.49 $ 0.81 $ 2.06
Income (loss) from discontinued operations, net (in dollars per share)   0.03   0.06
Net income (in dollars per share) 0.33 1.52 0.81 2.12
Diluted:        
Income from continuing operations (in dollars per share) 0.32 1.48 0.81 2.04
Income (loss) from discontinued operations, net (in dollars per share)   0.03   0.06
Net income (in dollars per share) $ 0.32 $ 1.51 $ 0.80 $ 2.10
Amounts attributable to Masco Corporation:        
Income from continuing operations $ 111 $ 533 $ 281 $ 735
Income (loss) from discontinued operations, net   10 (1) 21
Net income attributable to Masco Corporation $ 111 $ 543 $ 280 $ 756