<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MASCO CORPORATION'S DECEMBER 31, 1998 FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 541,740 <SECURITIES> 0 <RECEIVABLES> 721,630 <ALLOWANCES> 21,500 <INVENTORY> 558,990 <CURRENT-ASSETS> 1,862,620 <PP&E> 1,811,710 <DEPRECIATION> 647,460 <TOTAL-ASSETS> 5,167,350 <CURRENT-LIABILITIES> 846,580 <BONDS> 1,391,420 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 339,330 <OTHER-SE> 2,389,250 <TOTAL-LIABILITY-AND-EQUITY> 5,167,350 <SALES> 4,345,000 <TOTAL-REVENUES> 4,345,000 <CGS> 2,793,990 <TOTAL-COSTS> 2,793,990 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 85,260 <INCOME-PRETAX> 755,000 <INCOME-TAX> 279,000 <INCOME-CONTINUING> 476,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 476,000 <EPS-PRIMARY> 1.44 <EPS-DILUTED> 1.39