<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MASCO CORPORATION'S MARCH 31, 1997 FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-1-1997 <PERIOD-END> MAR-31-1997 <CASH> 327,590 <SECURITIES> 0 <RECEIVABLES> 518,420<F1> <ALLOWANCES> 0 <INVENTORY> 424,700 <CURRENT-ASSETS> 1,362,080 <PP&E> 939,060<F1> <DEPRECIATION> 0 <TOTAL-ASSETS> 3,684,130 <CURRENT-LIABILITIES> 479,690 <BONDS> 1,216,170 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 161,240 <OTHER-SE> 1,725,350 <TOTAL-LIABILITY-AND-EQUITY> 3,684,130 <SALES> 854,000 <TOTAL-REVENUES> 854,000 <CGS> 539,500 <TOTAL-COSTS> 539,500 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 18,500 <INCOME-PRETAX> 139,200 <INCOME-TAX> 55,700 <INCOME-CONTINUING> 83,500 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 83,500 <EPS-PRIMARY> .52 <EPS-DILUTED> .51 <FN> <F1>Receivables and property and equipment are presented net of allowances for doubtful accounts and accumulated depreciation and amortization, respectively. </FN>