Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Millions, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Current assets:
Cash and cash investments	$ 1,853	$ 1,656
Receivables	1,206	914
Prepaid expenses and other	68	70
Assets held for sale	19	20
Inventories:
Finished goods	461	390
Raw material	288	280
Work in process	95	99
Inventories	844	769
Total current assets	3,990	3,429
Property and equipment, net	1,489	1,567
Goodwill	1,885	1,891
Other intangible assets, net	194	196
Other assets	196	209
Assets held for sale	5	5
Total assets	7,759	7,297
Current liabilities:
Notes payable	751	803
Accounts payable	941	770
Accrued liabilities	850	782
Liabilities held for sale	9	8
Total current liabilities	2,551	2,363
Long-term debt	3,622	3,222
Deferred income taxes and other	967	970
Total liabilities	7,140	6,555
Commitments and contingencies
Masco Corporation's shareholders' equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; issued and outstanding: 2012 - 348,600,000; 2011 - 347,900,000	348	348
Preferred shares authorized: 1,000,000; issued and outstanding: 2012 - None; 2011 - None
Paid-in capital	50	65
(Accumulated deficit) retained earnings	(30)	38
Accumulated other comprehensive income	61	76
Total Masco Corporation's shareholders' equity	429	527
Noncontrolling interest	190	215
Total equity	619	742
Total liabilities and equity	$ 7,759	$ 7,297