MASCO CORP DE

For the period ended Mar 31, 2025. Filed Apr 23, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 23, 2025

MAS$84.80-1.3%Stored close · as of Nov 10, 2026

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Contents

Item 1. Financial Statements (Unaudited):

March 31, 2025 and December 31, 2024

(In Millions, Except Share Data)

	March 31, 2025	December 31, 2024
ASSETS
Current assets:
Cash and cash investments	$377	$634
Receivables	1,258	1,035
Inventories	1,047	938
Prepaid expenses and other	116	123
Total current assets	2,798	2,730
Property and equipment, net	1,133	1,116
Goodwill	605	597
Other intangible assets, net	218	220
Operating lease right-of-use assets	237	231
Other assets	115	123
Total assets	$5,107	$5,016
LIABILITIES
Current liabilities:
Accounts payable	$868	$789
Notes payable	133	3
Accrued liabilities	602	767
Total current liabilities	1,603	1,560
Long-term debt	2,945	2,945
Noncurrent operating lease liabilities	228	223
Other liabilities	337	342
Total liabilities	$5,113	$5,069
Commitments and contingencies (Note L)
EQUITY
Masco Corporation's shareholders' equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2025 – 210,900,000; 2024 – 212,500,000	211	212
Preferred shares authorized: 1,000,000; Issued and outstanding: 2025 and 2024 – None	—	—
Paid-in capital	—	—
Retained deficit	(693)	(693)
Accumulated other comprehensive income	228	201
Total Masco Corporation's shareholders' deficit	(254)	(279)
Noncontrolling interest	248	227
Total equity	(6)	(53)
Total liabilities and equity	$5,107	$5,016

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