SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Information by Segment and Geographic Area

Information by segment was as follows, in millions:


	Three Months Ended March 31, 2025
	Plumbing Products		Decorative Architectural Products		Total
Net sales (A)	$	1,185	$	617	$	1,801
Operating expenses (B)	957		514
Corporate expenses (C)	10		6
Segment operating profit	$	217	$	96	$	313
General corporate expense, net (C)					(27)
Operating profit					286
Other income (expense), net					(32)
Income before income taxes					$	254


	Three Months Ended March 31, 2024
	Plumbing Products		Decorative Architectural Products		Total
Net sales (A)	$	1,192	$	734	$	1,926
Operating expenses (B)	954		601
Corporate expenses (C)	12		9
Segment operating profit	$	226	$	124	$	350
General corporate expense, net (C)					(31)
Operating profit					318
Other income (expense), net					(30)
Income before income taxes					$	289

I. SEGMENT INFORMATION (Concluded)


	Property Additions				Depreciation and Amortization
	Three Months Ended March 31,				Three Months Ended March 31,
	2025		2024			2025		2024
Plumbing Products	$	26	$	18		$	26	$	27
Decorative Architectural Products	6		12			7		10
Corporate	—		—			2		2
Total	$	32	$	31		$	35	$	38


	Assets
	At March 31, 2025		At December 31, 2024
Plumbing Products	$	3,333	$	3,131
Decorative Architectural Products	1,548		1,435
Corporate	226		450
Total	$	5,107	$	5,016

(A)Intra-company sales between segments were not material and have been excluded from net sales.

(B)Operating expenses included cost of sales and selling, general and administrative expenses.

(C)Corporate expenses included specific corporate overhead allocated to each segment. General corporate expense, net included those expenses not specifically attributable to our segments.

MASCO CORP /DE/ 10-Q