$MAS
MASCO CORP /DE/

2018 Q2 Form 10-Q Financial Statement

#000006299618000053 Filed on July 31, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $1.838B $2.057B
YoY Change -10.65% 2.8%
Cost Of Revenue $1.547B $1.320B
YoY Change 17.2% 1.46%
Gross Profit $648.0M $746.0M
YoY Change -13.14% 6.57%
Gross Profit Margin 35.26% 36.27%
Selling, General & Admin $392.0M $374.0M
YoY Change 4.81% 2.47%
% of Gross Profit 60.49% 50.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $392.0M $374.0M
YoY Change 4.81% 2.47%
Operating Profit $358.0M $372.0M
YoY Change -3.76% 11.04%
Interest Expense $38.00M $153.0M
YoY Change -75.16% 75.86%
% of Operating Profit 10.61% 41.13%
Other Income/Expense, Net -$46.00M -$110.0M
YoY Change -58.18% 34.15%
Pretax Income $312.0M $262.0M
YoY Change 19.08% 3.56%
Income Tax $88.00M $86.00M
% Of Pretax Income 28.21% 32.82%
Net Earnings $211.0M $163.0M
YoY Change 29.45% 8.67%
Net Earnings / Revenue 11.48% 7.92%
Basic Earnings Per Share $0.69 $0.51
Diluted Earnings Per Share $0.68 $0.51
COMMON SHARES
Basic Shares Outstanding 306.0M shares 315.0M shares
Diluted Shares Outstanding 309.0M shares 319.0M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $384.0M $1.136B
YoY Change -66.2% 4.12%
Cash & Equivalents $384.0M $992.0M
Short-Term Investments $0.00 $144.0M
Other Short-Term Assets $117.0M $89.00M
YoY Change 31.46% 1.14%
Inventory $1.017B $850.0M
Prepaid Expenses
Receivables $1.444B $1.231B
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.962B $3.306B
YoY Change -10.41% 8.15%
LONG-TERM ASSETS
Property, Plant & Equipment $1.187B $1.080B
YoY Change 9.91% 3.95%
Goodwill $890.0M $797.0M
YoY Change 11.67% -5.12%
Intangibles $417.0M $156.0M
YoY Change 167.31% 0.0%
Long-Term Investments
YoY Change
Other Assets $109.0M $150.0M
YoY Change -27.33% -35.34%
Total Long-Term Assets $2.603B $2.183B
YoY Change 19.24% -3.71%
TOTAL ASSETS
Total Short-Term Assets $2.962B $3.306B
Total Long-Term Assets $2.603B $2.183B
Total Assets $5.565B $5.489B
YoY Change 1.38% 3.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.093B $960.0M
YoY Change 13.85% 5.15%
Accrued Expenses $675.0M $615.0M
YoY Change 9.76% -14.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M $117.0M
YoY Change -98.29% 3800.0%
Total Short-Term Liabilities $1.770B $1.692B
YoY Change 4.61% 3.68%
LONG-TERM LIABILITIES
Long-Term Debt $2.970B $2.967B
YoY Change 0.1% -0.87%
Other Long-Term Liabilities $699.0M $760.0M
YoY Change -8.03% 20.83%
Total Long-Term Liabilities $3.669B $3.727B
YoY Change -1.56% 2.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.770B $1.692B
Total Long-Term Liabilities $3.669B $3.727B
Total Liabilities $5.439B $5.419B
YoY Change 0.37% 3.14%
SHAREHOLDERS EQUITY
Retained Earnings -$221.0M -$288.0M
YoY Change -23.26% 5.49%
Common Stock $305.0M $315.0M
YoY Change -3.17% -3.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$34.00M -$131.0M
YoY Change
Total Liabilities & Shareholders Equity $5.565B $5.489B
YoY Change 1.38% 3.1%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $211.0M $163.0M
YoY Change 29.45% 8.67%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $348.0M $304.0M
YoY Change 14.47% 16.92%
INVESTING ACTIVITIES
Capital Expenditures -$63.00M -$40.00M
YoY Change 57.5% -4.76%
Acquisitions
YoY Change
Other Investing Activities $93.00M $190.0M
YoY Change -51.05% 183.58%
Cash From Investing Activities $30.00M $150.0M
YoY Change -80.0% 500.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -352.0M -172.0M
YoY Change 104.65% -88.45%
NET CHANGE
Cash From Operating Activities 348.0M 304.0M
Cash From Investing Activities 30.00M 150.0M
Cash From Financing Activities -352.0M -172.0M
Net Change In Cash 26.00M 282.0M
YoY Change -90.78% -123.42%
FREE CASH FLOW
Cash From Operating Activities $348.0M $304.0M
Capital Expenditures -$63.00M -$40.00M
Free Cash Flow $411.0M $344.0M
YoY Change 19.48% 13.91%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000062996
CY2018Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
307476697 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
MASCO CORP /DE/
mas Cash Provided By Used In Operating Activities Before Reconciling Adjustments
CashProvidedByUsedInOperatingActivitiesBeforeReconcilingAdjustments
535000000 USD
mas Cash Provided By Used In Operating Activities Before Reconciling Adjustments
CashProvidedByUsedInOperatingActivitiesBeforeReconcilingAdjustments
499000000 USD
CY2017Q2 mas Interest Income
InterestIncome
1000000 USD
mas Interest Income
InterestIncome
2000000 USD
CY2018Q2 mas Interest Income
InterestIncome
0 USD
mas Interest Income
InterestIncome
2000000 USD
CY2017Q2 mas Pensionand Other Postretirement Benefit Expense Excluding Current Service Cost
PensionandOtherPostretirementBenefitExpenseExcludingCurrentServiceCost
8000000 USD
mas Pensionand Other Postretirement Benefit Expense Excluding Current Service Cost
PensionandOtherPostretirementBenefitExpenseExcludingCurrentServiceCost
15000000 USD
CY2018Q2 mas Pensionand Other Postretirement Benefit Expense Excluding Current Service Cost
PensionandOtherPostretirementBenefitExpenseExcludingCurrentServiceCost
5000000 USD
mas Pensionand Other Postretirement Benefit Expense Excluding Current Service Cost
PensionandOtherPostretirementBenefitExpenseExcludingCurrentServiceCost
9000000 USD
CY2017 mas Standard Product Warranty Accrual Other Net
StandardProductWarrantyAccrualOtherNet
0 USD
mas Standard Product Warranty Accrual Other Net
StandardProductWarrantyAccrualOtherNet
-2000000 USD
mas Surrendered Non Cash
SurrenderedNonCash
13000000 USD
mas Surrendered Non Cash
SurrenderedNonCash
19000000 USD
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
824000000 USD
CY2018Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1093000000 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
727000000 USD
CY2018Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
675000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-65000000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-118000000 USD
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 USD
CY2018Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16000000 USD
CY2017Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21000000 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15000000 USD
CY2017Q4 us-gaap Assets
Assets
5534000000 USD
CY2018Q2 us-gaap Assets
Assets
5565000000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
3263000000 USD
CY2018Q2 us-gaap Assets Current
AssetsCurrent
2962000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1194000000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
384000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
990000000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
992000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
1194000000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
384000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-810000000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.1
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2
CY2018Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.21
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.100
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.105
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1400000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1400000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
310400000 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
305000000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
310400000 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
305000000 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
310000000 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
305000000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
219000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
378000000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
177000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
366000000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
27000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
41000000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-6000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
13000000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
246000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
419000000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
171000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
379000000 USD
CY2017Q4 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
11000000 USD
CY2018Q2 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
14000000 USD
CY2017Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
32000000 USD
CY2018Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
13000000 USD
CY2017Q2 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
8000000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
7000000 USD
CY2018Q2 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
6000000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
3000000 USD
CY2017Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1320000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2493000000 USD
CY2018Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1547000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2848000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
64000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
74000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
64000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
65000000 USD
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.94
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.42
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.68
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.16
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.48
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.93
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
28000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
8000000 USD
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.33
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.31
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.28
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.25
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.03
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.02
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.03
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.03
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.04
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.04
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.03
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.01
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.04
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.04
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
18000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
47000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
218000000 USD
CY2017Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1000000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0 USD
CY2018Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-5000000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-6000000 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
49000000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
49000000 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2017Q4 us-gaap Goodwill
Goodwill
841000000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
890000000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
55000000 USD
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
1767000000 USD
CY2018Q2 us-gaap Goodwill Gross
GoodwillGross
1816000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
340000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
322000000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
926000000 USD
CY2018Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
926000000 USD
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-6000000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
746000000 USD
us-gaap Gross Profit
GrossProfit
1351000000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
750000000 USD
us-gaap Gross Profit
GrossProfit
1369000000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
163000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
301000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
211000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
360000000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
262000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
472000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
312000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
512000000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1000000 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2000000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
86000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
148000000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
88000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
127000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
87000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
188000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
127000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
72000000 USD
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000000 USD
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000 shares
CY2017Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
140000000 USD
CY2018Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
199000000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
187000000 USD
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
417000000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
153000000 USD
us-gaap Interest Expense
InterestExpense
196000000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
38000000 USD
us-gaap Interest Expense
InterestExpense
79000000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
107000000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
402000000 USD
CY2018Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
592000000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
784000000 USD
CY2018Q2 us-gaap Inventory Net
InventoryNet
1017000000 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
277000000 USD
CY2018Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
317000000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
105000000 USD
CY2018Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
108000000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
5351000000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
5439000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5534000000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5565000000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1667000000 USD
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1770000000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2969000000 USD
CY2018Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2970000000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
236000000 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
160000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
35000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
89000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-305000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-567000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
124000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-544000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
155000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
293000000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
493000000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
138000000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
163000000 USD
us-gaap Net Income Loss
NetIncomeLoss
301000000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
152000000 USD
us-gaap Net Income Loss
NetIncomeLoss
453000000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
80000000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
533000000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
211000000 USD
us-gaap Net Income Loss
NetIncomeLoss
360000000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
13000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
23000000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
13000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
25000000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
161000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
298000000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
210000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
357000000 USD
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-110000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-157000000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-46000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-90000000 USD
CY2017Q4 us-gaap Notes Payable Current
NotesPayableCurrent
116000000 USD
CY2018Q2 us-gaap Notes Payable Current
NotesPayableCurrent
2000000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
1087000000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
257000000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
372000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
629000000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
309000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
938000000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
256000000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
1194000000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
358000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
602000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
114000000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
109000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
2000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
2000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
65000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
86000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-57000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-15000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
70000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
95000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-53000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
14000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
18000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-19000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-12000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
56000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
77000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-34000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-3000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-7000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-3000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-8000000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
715000000 USD
CY2018Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
699000000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
43000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
39000000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-8000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-11000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
134000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
265000000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
104000000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
64000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
65000000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
35000000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
89000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
27000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
33000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
548000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
77000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
103000000 USD
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
111000000 USD
CY2018Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
117000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
126000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2017Q2 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
599000000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
593000000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
1000000 USD
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-1000000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
5000000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
3000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
73000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
108000000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
176000000 USD
us-gaap Profit Loss
ProfitLoss
324000000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
224000000 USD
us-gaap Profit Loss
ProfitLoss
385000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1129000000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1187000000 USD
CY2017Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
1000000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
2000000 USD
CY2018Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 USD
CY2017Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
1066000000 USD
CY2018Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
1444000000 USD
CY2018Q1 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
59000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
535000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
114000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-298000000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-221000000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2066000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3844000000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2297000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4217000000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
374000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
722000000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
392000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
767000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
42
CY2017Q4 us-gaap Short Term Investments
ShortTermInvestments
108000000 USD
CY2018Q2 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
192000000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
205000000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
212000000 USD
CY2017 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
59000000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
32000000 USD
CY2017 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
9000000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
1000000 USD
CY2017 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
63000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
40000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-13000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-14000000 USD
CY2017Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1500000000 USD
CY2018Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1000000000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
6700000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
134000000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
265000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-53000000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
-34000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-103000000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
79000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
183000000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
126000000 USD
CY2017Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2000000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3000000 USD
CY2018Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3000000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
319000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
320000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
309000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
311000000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
315000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
316000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
306000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
308000000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Reclassification. </font><font style="font-family:Arial;font-size:10pt;"> Certain prior year amounts have been reclassified to conform to the 2018 presentation in the condensed consolidated financial statements.&#160; </font></div></div>
us-gaap Revenue Recognition Revenue Reductions
RevenueRecognitionRevenueReductions
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">We provide customer programs and incentive offerings, including special pricing and co-operative advertising arrangements, promotions and other volume-based incentives. These customer programs and incentives are considered variable consideration. We include in revenue variable consideration only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the variable consideration is resolved. This determination is made based upon known customer program and incentive offerings at the time of sale, and expected sales volume for</font><font style="font-family:Arial;font-size:10pt;background-color:#ffffff;">ecasts as it relates to our volume-based incentives. This determination is updated each reporting period. We recognized</font><font style="font-family:Arial;font-size:10pt;background-color:#ffffff;"> </font><font style="font-family:Arial;font-size:10pt;background-color:#ffffff;">$6 million</font><font style="font-family:Arial;font-size:10pt;background-color:#ffffff;"> </font><font style="font-family:Arial;font-size:10pt;background-color:#ffffff;">and</font><font style="font-family:Arial;font-size:10pt;background-color:#ffffff;"> </font><font style="font-family:Arial;font-size:10pt;background-color:#ffffff;">$3 million</font><font style="font-family:Arial;font-size:10pt;"> for the </font><font style="font-family:Arial;font-size:10pt;">three-month and six-month periods ended</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">June 30, 2018</font><font style="font-family:Arial;font-size:10pt;">, respectively, and </font><font style="font-family:Arial;font-size:10pt;">$8 million</font><font style="font-family:Arial;font-size:10pt;"> and </font><font style="font-family:Arial;font-size:10pt;">$7 million</font><font style="font-family:Arial;font-size:10pt;"> for the </font><font style="font-family:Arial;font-size:10pt;">three-month and six-month periods ended</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">June 30, 2017</font><font style="font-family:Arial;font-size:10pt;">, respectively, of revenue related to performance obligations settled in previous periods.</font></div></div>
us-gaap Revenue Recognition Sales Returns
RevenueRecognitionSalesReturns
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Certain product sales include a right of return. We estimate future product returns at the time of sale based on historical experience and record a corresponding refund liability. We additionally record an asset, based on historical experience, for the amount of product we expect to return to inventory as a result of the return, which is recorded in prepaid expenses and other in the condensed consolidated balance sheets.</font></div></div>

Files In Submission

Name View Source Status
0000062996-18-000053-index-headers.html Edgar Link pending
0000062996-18-000053-index.html Edgar Link pending
0000062996-18-000053.txt Edgar Link pending
0000062996-18-000053-xbrl.zip Edgar Link pending
a2018q2masco10-q06302018.htm Edgar Link pending
exhibit1206302018.htm Edgar Link pending
exhibit31a06302018.htm Edgar Link pending
exhibit31b06302018.htm Edgar Link pending
exhibit3206302018.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
mas-20180630.xml Edgar Link completed
mas-20180630.xsd Edgar Link pending
mas-20180630_cal.xml Edgar Link unprocessable
mas-20180630_def.xml Edgar Link unprocessable
mas-20180630_lab.xml Edgar Link unprocessable
mas-20180630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending