Masco — Oct 29, 2025 release

Outlook for the Year Ended December 31, 2025 Year Ended December 31, 2025 Low End High End Income Per Common Share Reconciliation Net income per common share $ 3.84   $ 3.89   Rationalization charges 0.04  0.04  Realized losses from private equity funds, net 0.02  0.02  Net income per common share, as adjusted $ 3.90   $ 3.95   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, 2025 and December 31, 2024 (dollars in millions) September 30, 2025 December 31, 2024 Balance Sheet     Assets     Current assets:     Cash and cash investments $ 559  $ 634  Receivables 1,181  1,035  Inventories 1,069  938  Prepaid expenses and other 150  123  Total current assets 2,959  2,730  Property and equipment, net 1,181  1,116  Goodwill 622  597  Other intangible assets, net 213  220  Operating lease right-of-use assets 239  231  Other assets 98  123  Total assets $ 5,311  $ 5,016  Liabilities     Current liabilities:     Accounts payable $ 842  $ 789  Notes payable 2  3  Accrued liabilities 732  767  Total current liabilities 1,576  1,560  Long-term debt 2,945  2,945  Noncurrent operating lease liabilities 226  223  Other liabilities 396  342  Total liabilities 5,143  5,069  Equity 168  (53) Total liabilities and equity $ 5,311  $ 5,016    As of September 30, 2025 2024 Other Financial Data     Working capital days     Receivable days 53  50  Inventory days 84  78