Masco — Oct 29, 2024 release

(2) Represents income for the three and nine months ended September 30, 2023 from the receipt of an insurance settlement payment. Outlook for the Year Ended December 31, 2024 Year Ended December 31, 2024 Low End High End Income Per Common Share Reconciliation Net income per common share $ 3.74   $ 3.84   Rationalization charges 0.03  0.03  Loss on sale of business (1) 0.28  0.28  Net income per common share, as adjusted $ 4.05   $ 4.15   (1) Represents the preliminary loss from the sale of our Kichler Lighting business.      Historical information is available on our website. Amounts may not add due to rounding. 5 MASCO CORPORATION Condensed Consolidated Balance Sheets and Other Financial Data - Unaudited September 30, 2024 and December 31, 2023 (dollars in millions) September 30, 2024 December 31, 2023 Balance Sheet     Assets     Current assets:     Cash and cash investments $ 646  $ 634  Receivables 1,152  1,090  Inventories 1,013  1,022  Prepaid expenses and other 153  110  Total current assets 2,965  2,856  Property and equipment, net 1,125  1,121  Goodwill 610  604  Other intangible assets, net 230  377  Operating lease right-of-use assets 238  268  Other assets 128  139  Total assets $ 5,296  $ 5,363  Liabilities     Current liabilities:     Accounts payable $ 874  $ 840  Notes payable 3  3  Accrued liabilities 742  852  Total current liabilities 1,618  1,695  Long-term debt 2,945  2,945  Noncurrent operating lease liabilities 230  258  Other liabilities 360  34