This transaction closed on January 4, 2021. We train, promote, consult and communicate with our workforce in this process. Available InformationOur website is www.masco.com. Material contained on our website is not incorporated by reference into this Report. There are a number of business risks and uncertainties that could affect our business. Rising energy costs could also increase our production and transportation costs. Such reductions could adversely affect our results of operations and financial position. Many of the suppliers we rely upon are located in foreign countries, primarily China. Our products face significant competition. We may not experience the anticipated benefits from our investments in new technology. Furthermore, others may assert intellectual property infringement claims against us. Additionally, some of our products must be certified by industry organizations. At December 31, 2020, we had $774 million remaining under the 2019 authorization. Actual results may differ from these estimates and assumptions. These customer programs and incentives are considered variable consideration. This determination is updated each reporting period. Refer to Note N to the consolidated financial statements for additional information. We had cash and cash investments of approximately $1.3 billion at December 31, 2020. Favorable foreign currency translation further increased sales by one percent. All significant intercompany transactions have been eliminated. Revenues and expenses are translated at average exchange rates in effect during the year. We do business with a number of customers, including certain home center retailers. Our receivables balances are generally due in less than one year. Variable lease payments are recognized as lease expense in the period incurred. A consumer may return a product to a retail outlet that is a warranty return. The ultimate resolution of these exposures may differ due to subsequent developments. We measure compensation expense for PRSUs at the expected payout of the awards. We adopted ASU 2018-15 prospectively beginning on January 1, 2020. We early adopted ASU 2019-12 on January 1, 2020. ASU 2020-01 is effective for us for annual periods beginning January 1, 2021. The amendments in this update are elective and are effective upon issuance. As of December 31, 2020 we have not elected any of the expedients set out in ASU 2020-04. This business is included in the Plumbing Products segment. This business is included in the Decorative Architectural Products segment. This business expands our product offerings to our customers. Restricted stock units are granted to our key employees and non-employee Directors. The grant date fair value is based on the fair value of our common stock. Such basis is determined by referencing the respective fund\'s underlying assets. Substantially all of these plans were frozen as of January 1, 2010. Accounting policies for the segments are the same as those for us. In 2020, we began granting restricted stock units. Refer to Note B for further information related to this acquisition.81Item 9. Evaluation of Disclosure Controls and Procedures. Valuation and Qualifying Accounts90(3)Exhibits. X31.bCertification by Chief Financial Officer required by Rule 13a-14(a)/15d-14(a). Notice of Stockholders\' Meetings. ARTICLE IIDirectorsSection 2.01. Directors may be removed only for cause. Place and Time of Meetings of the Board. No notice need specify the purpose of the meeting. The