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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash investments $ 1,656 $ 1,715
Receivables 914 888
Inventories 769 732
Prepaid expenses and other 70 129
Assets held for sale 20  
Total current assets 3,429 3,464
Property and equipment, net 1,567 1,737
Goodwill 1,891 2,383
Other intangible assets, net 196 269
Other assets 209 287
Assets held for sale 5 0
Total Assets 7,297 8,140
Current Liabilities:    
Accounts payable 770 602
Notes payable 803 66
Accrued liabilities 782 819
Liabilities held for sale 8  
Total current liabilities 2,363 1,487
Long-term debt 3,222 4,032
Deferred income taxes and other 970 1,039
Total Liabilities 6,555 6,558
Commitments and contingencies      
Masco Corporation's shareholders' equity    
Common shares authorized: 1,400,000,000; issued and outstanding: 2011 - 347,900,000; 2010 - 348,600,000 348 349
Preferred shares authorized: 1,000,000; issued and outstanding: 2011 and 2010 - None      
Paid-in capital 65 42
Retained earnings 38 720
Accumulated other comprehensive income 76 273
Total Masco Corporation's shareholders' equity 527 1,384
Noncontrolling interest 215 198
Total Equity 742 1,582
Total Liabilities and Equity $ 7,297 $ 8,140