SEC Comment Letter 0000000000-24-003645 to MASCO CORP /DE/ (MAS) (CIK 0000062996) (MAS)
MASCO CORP /DE/ (MAS) (CIK 0000062996)
Date: April 4, 2024 · CIK: 0000062996 · Accession: 0000000000-24-003645
AI Filing Summary & Sentiment
File numbers found in text: 001-05794
Letter
United States securities and exchange commission logo April 4, 2024 Richard Westenberg Chief Financial Officer MASCO CORP /DE/ 17450 College Parkway Livonia, MI 48152 Re:MASCO CORP /DE/ Form 10-K for the Fiscal Year Ended December 31, 2023 Filed February 8, 2024 File No. 001-05794 Dear Richard Westenberg: We have limited our review of your filing to the financial statements and related disclosures and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for the Fiscal Year Ended December 31, 2023 Management's Discussion and Analysis of Financial Condition and Results of Operations Consolidated Results of Operations, page 19 1.We note your Results of Operations disclosures identify various factors which positively or negatively impacted your results. In future filings, please quantify in dollar or percentage terms, the impact each factor had on the measure of profitability or expense you discuss. Refer to the Commission's MD&A Interpretive guidance found in Commission Release No. 33-8350 as well as Item 303 of Regulation S-K. Financial Statements Note I. Supplier Finance Program, page 53 2.In future filings, please provide all disclosures contemplated in ASC 405-50-50-3(a) including a description of the payment terms and whether any assets are pledged as security or other forms of guarantees.
FirstName LastNameRichard Westenberg Comapany NameMASCO CORP /DE/ April 4, 2024 Page 2 FirstName LastName Richard Westenberg MASCO CORP /DE/ April 4, 2024 Page 2 In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Kevin Stertzel at 202-551-3723 or Hugh West at 202-551-3872 with any questions. Sincerely, Division of Corporation Finance Office of Manufacturing
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United States securities and exchange commission logo
April 4, 2024
Richard Westenberg
Chief Financial Officer
MASCO CORP /DE/
17450 College Parkway
Livonia, MI 48152
Re:MASCO CORP /DE/
Form 10-K for the Fiscal Year Ended December 31, 2023
Filed February 8, 2024
File No. 001-05794
Dear Richard Westenberg:
We have limited our review of your filing to the financial statements and related
disclosures and have the following comment(s).
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Form 10-K for the Fiscal Year Ended December 31, 2023
Management's Discussion and Analysis of Financial Condition and Results of Operations
Consolidated Results of Operations, page 19
1.We note your Results of Operations disclosures identify various factors which positively
or negatively impacted your results. In future filings, please quantify in dollar or
percentage terms, the impact each factor had on the measure of profitability or expense
you discuss. Refer to the Commission's MD&A Interpretive guidance found in
Commission Release No. 33-8350 as well as Item 303 of Regulation S-K.
Financial Statements
Note I. Supplier Finance Program, page 53
2.In future filings, please provide all disclosures contemplated in ASC 405-50-50-3(a)
including a description of the payment terms and whether any assets are pledged as
security or other forms of guarantees.
FirstName LastNameRichard Westenberg
Comapany NameMASCO CORP /DE/
April 4, 2024 Page 2
FirstName LastName
Richard Westenberg
MASCO CORP /DE/
April 4, 2024
Page 2
In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.
Please contact Kevin Stertzel at 202-551-3723 or Hugh West at 202-551-3872 with any
questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing