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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash investments $ 1,011 $ 1,040
Short-term bank deposits 277 311
Receivables 1,211 933
Prepaid expenses and other 119 107
Assets held for sale 98 100
Inventories:    
Finished goods 427 368
Raw material 256 266
Work in process 94 92
Inventories 777 726
Total current assets 3,493 3,217
Property and equipment, net 1,257 1,326
Goodwill 1,900 1,894
Other intangible assets, net 149 151
Other assets 166 184
Assets held for sale 94 103
Total assets 7,059 6,875
Current liabilities:    
Notes payable 5 206
Accounts payable 986 788
Accrued liabilities 847 823
Liabilities held for sale 49 45
Total current liabilities 1,887 1,862
Long-term debt 3,421 3,422
Deferred income taxes and other 1,065 1,053
Liabilities held for sale   4
Total liabilities 6,373 6,341
Commitments and contingencies      
Masco Corporation's shareholders' equity:    
Common shares, par value $1 per share Authorized shares: 1,400,000,000; issued and outstanding: 2013 - 349,400,000; 2012 - 349,000,000 349 349
Preferred shares authorized: 1,000,000; issued and outstanding: 2013 - None; 2012 - None      
Paid-in capital 8 16
Retained earnings (deficit) 36 (102)
Accumulated other comprehensive income 81 59
Total Masco Corporation's shareholders' equity 474 322
Noncontrolling interest 212 212
Total equity 686 534
Total liabilities and equity $ 7,059 $ 6,875