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MASCO   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Net Sales7,828.007,967.008,680.008,375.007,188.006,707.008,359.007,644.007,357.007,142.00
Total Revenue7,828.007,967.008,680.008,375.007,188.006,707.008,359.007,644.007,357.007,142.00
Cost of sales4,997.005,131.005,967.005,512.004,601.004,336.005,670.005,033.004,901.004,889.00
Gross Profit2,831.002,836.002,713.002,863.002,587.002,371.002,689.002,611.002,456.002,253.00
Amortization of acquired goodwill--------------------
Goodwill impairment charge--------------------
Selling, general and administrative expenses1,468.001,473.001,390.001,413.001,292.001,274.001,478.001,442.001,403.001,339.00
(Income) regarding litigation settlement--------------------
Income from planned disposition of a business--------------------
Impairment charges for other intangible assets--(15.00)(26.00)(45.00)--(9.00)--------
Operating (loss) profit1,363.001,348.001,297.001,405.001,295.001,088.001,211.001,169.001,053.00914.00
Interest expense99.00106.00108.00278.00144.00159.00156.00278.00229.00225.00
Impairment charge for investments--------------------
Impairment charge for:Securities of Furnishings International Inc--------------------
Other, net(103.00)(4.00)4.00(439.00)(20.00)(15.00)(13.00)(6.00)6.000.00
Income from cash and cash investments--------------------
Other interest income--------------------
Income from financial investments, net--------------------
Loss on early retirement of debt--------------------
Gain from sale of equity investment--------------------
Other items, net--------------------
Equity earnings, other affiliates--------------------
Total Non Operating income (expense)(202.00)--(104.00)(717.00)(164.00)(174.00)(169.00)(284.00)(223.00)(225.00)
Pre-Tax Income - Foreign----------------216.00--
Income from continuing operations before income taxes and minority interest1,161.001,238.001,193.00688.001,131.00914.001,042.00885.00830.00689.00
Pre-Tax Income - U.S--------------------
Deferred- U.S. Federal14.000.00--(57.00)(9.00)(23.00)12.0010.00140.00192.00
Currently payable:Foreign80.00----93.0069.0070.0074.0068.0069.0056.00
Foreign--74.00------(3.00)----(12.00)5.00
Currently payable: U.S. Federal153.00189.00--145.00170.00155.00144.00196.0073.0010.00
Currently payable: State and local26.0047.00--40.0033.0046.0036.0031.0024.0027.00
Deferred: State and local9.00(39.00)--(10.00)11.00(15.00)--(1.00)2.003.00
Income taxes287.00278.00288.00210.00269.00230.00258.00305.00296.00293.00
Deferred: Foreign5.007.00--(1.00)(5.00)--(8.00)1.00----
Minority interest--------------------
Income from Continuing Operations----905.00478.00862.00684.00--580.00534.00396.00
Adjusted income (loss) from continuing operations (For computation of EPS)--------------------
Income (loss) from discontinued operations, net of income taxes--------414.00296.00--0.00--(2.00)
Cumulative effect of accounting change, net--------------------
Consolidated Net Income (loss)874.00960.00905.00478.001,276.00980.00784.00580.00534.00394.00
Net income attributable to noncontrolling interest52.0052.0061.0068.0052.0045.0050.0047.0043.0039.00
Allocation to unvested restricted stock awards (From EPS Notes)------2.006.004.007.005.006.005.00
Discontinued Operations: Allocation to Unvested Restricted Stock Awards----4.00--3.002.00--------
Allocation to redeemable noncontrolling interest----(2.00)2.00------------
Net Income (Loss) Available to Common Shareholders822.00908.00842.00406.001,215.00929.00727.00528.00485.00350.00
Continuing Operations- (Basic)----3.651.633.052.21--1.681.491.04
EPS (BASIC): Income (loss) from discontinued operations, net of income taxes--------1.551.03------(0.01)
EPS (BASIC): Cumulative effect of accounting change, net--------------------
Net Earnings Per Share (Basic)3.774.033.651.634.603.242.381.681.491.03
Continuing Operations- (Diluted)----3.631.623.042.20--1.661.471.03
EPS (DILUTED): Income (loss) from discontinued operations, net of income taxes--------1.551.02------(0.01)
EPS (DILUTED): Cumulative effect of accounting change, net--------------------
Net Earnings Per Share (Diluted)3.764.023.631.624.593.222.371.661.471.02
Basic weighted average shares218.00225.00231.00249.00264.00287.00305.00314.00326.00338.00
Diluted weighted average shares219.00226.00232.00251.00264.00288.00307.00318.00330.00341.00