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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues $ 1,634.8 $ 1,401.2 $ 3,153.7 $ 2,716.7
Cost of sales 1,133.3 927.6 2,170.0 1,792.4
Gross profit 501.5 473.6 983.7 924.3
Selling and administrative expenses 123.6 100.0 256.3 222.9
Research, testing and development expenses 58.7 52.9 112.5 105.7
Amortization of intangible assets 7.1 6.2 13.9 12.5
Berkshire Hathaway merger-related costs (Note 1) 0.8   10.7  
Restructuring and impairment charges (credits) 0.3 0.5 (0.3) 1.4
Other income - net (5.0) (11.6) (4.1) (19.7)
Interest income (1.9) (1.4) (3.5) (2.7)
Interest expense 23.9 24.8 49.1 49.6
Income before income taxes 294.0 302.2 549.1 554.6
Provision for income taxes 97.2 95.6 178.4 181.0
Net income 196.8 206.6 370.7 373.6
Net income attributable to noncontrolling interests 5.5 5.2 9.9 9.9
Net income attributable to The Lubrizol Corporation $ 191.3 $ 201.4 $ 360.8 $ 363.7
Net income per share attributable to The Lubrizol Corporation, basic $ 2.96 $ 2.95 $ 5.59 $ 5.32
Net income per share attributable to The Lubrizol Corporation, diluted $ 2.90 $ 2.88 $ 5.47 $ 5.21
Dividends paid per share $ 0.36 $ 0.36 $ 0.72 $ 0.67