Item 6. Selected Financial Data.

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Item 6. Selected Financial Data.


	Dollars in Millions (Except Per Common Share Data)
	2014		2013		2012			2011			2010
Net Sales (1)	$	8,521	$	8,173	$	7,495		$	7,170		$	7,183
Operating profit (loss) (1)(3)(4)(5)	$	788	$	673	$	302		$	(215	)	$	(466	)
Income (loss) from continuing operations attributable to Masco Corporation (1)(2)(3)(4)(5)	$	861	$	298	$	(53	)	$	(385	)	$	(1,028	)
Income (loss) per common share from continuing operations:
Basic	$	2.42	$	.83	$	(.16	)	$	(1.11	)	$	(2.95	)
Diluted	$	2.39	$	.83	$	(.16	)	$	(1.11	)	$	(2.95	)
Dividends declared	$	.345	$	.30	$	.30		$	.30		$	.30
Dividends paid	$	.33	$	.30	$	.30		$	.30		$	.30
At December 31:
Total assets	$	7,167	$	6,957	$	6,883		$	7,305		$	8,139
Long-term debt		2,919		3,421		3,422			3,222			4,032
Shareholders' equity		1,128		787		542			750			1,581

(1)

Amounts exclude discontinued operations.

(2)

The year 2014 includes a $529 million tax benefit from the release of the valuation allowance on deferred tax assets.

(3)

The year 2012 includes non-cash impairment charges for other intangible assets aggregating $27 million after tax ($42 million pre-tax).

(4)

The year 2011 includes non-cash impairment charges for goodwill and other intangible assets aggregating $291 million after tax ($450 million pre-tax).

(5)

The year 2010 includes non-cash impairment charges for goodwill and other intangible assets aggregating $586 million after tax ($698 million pre-tax). The year 2010 also includes a $372 million non-cash charge to income tax expense to establish a valuation allowance on deferred tax assets.

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