Exhibit 99.1
Item 6. | Selected Financial Data. |
Dollars in Millions (Except Per Common Share Data) | ||||||||||||||||||||
2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||
Net Sales(1) | $ | 7,495 | $ | 7,170 | $ | 7,183 | $ | 7,297 | $ | 8,915 | ||||||||||
Operating profit (loss)(1)(2)(3)(4)(5)(6)$ | 302 | $ | (215 | ) | $ | (466 | ) | $ | 57 | $ | 133 | |||||||||
Loss from continuing operations attributable to Masco Corporation(1)(2)(3)(4)(5)(6) | $ | (53 | ) | $ | (394 | ) | $ | (1,027 | ) | $ | (145 | ) | $ | (339 | ) | |||||
Loss per common share from continuing operations: | ||||||||||||||||||||
Basic | $ | (.16 | ) | $ | (1.14 | ) | $ | (2.95 | ) | $ | (.42 | ) | $ | (.98 | ) | |||||
Diluted | $ | (.16 | ) | $ | (1.14 | ) | $ | (2.95 | ) | $ | (.42 | ) | $ | (.98 | ) | |||||
Dividends declared | $ | .30 | $ | .30 | $ | .30 | $ | .30 | $ | .93 | ||||||||||
Dividends paid | $ | .30 | $ | .30 | $ | .30 | $ | .46 | $ | .925 | ||||||||||
At December 31: | ||||||||||||||||||||
Total assets | $ | 6,875 | $ | 7,297 | $ | 8,140 | $ | 9,175 | $ | 9,483 | ||||||||||
Long-term debt | 3,422 | 3,222 | 4,032 | 3,604 | 3,915 | |||||||||||||||
Shareholders’ equity | 534 | 742 | 1,582 | 2,817 | 2,981 |
(1) | Amounts exclude discontinued operations. |
(2) | The year 2012 includes non-cash impairment charges for other intangible assets aggregating $27 million after tax ($42 million pre-tax). |
(3) | The year 2011 includes non-cash impairment charges for goodwill and other intangible assets aggregating $291 million after tax ($450 million pre-tax). |
(4) | 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 valuation allowance on U.S. deferred tax assets of $372 million. |
(5) | The year 2009 includes non-cash impairment charges for goodwill aggregating $180 million after tax ($262 million pre-tax). |
(6) | The year 2008 includes non-cash impairment charges for goodwill and other intangible assets aggregating $412 million after tax ($415 million pre-tax). |
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