SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2011

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table presents a summary of the results of the company’s reportable segments:

	Three Months Ended June 30,				Six Months Ended June 30,
(In Millions of Dollars)	2011		2010		2011		2010
Revenues from external customers:
Lubrizol Additives	$	1,201.0	$	1,008.4	$	2,284.4	$	1,956.4
Lubrizol Advanced Materials		433.8		392.8		869.3		760.3
Total revenues	$	1,634.8	$	1,401.2	$	3,153.7	$	2,716.7
Segment operating income:
Lubrizol Additives	$	282.4	$	271.5	$	542.3	$	517.9
Lubrizol Advanced Materials		52.2		62.5		123.3		123.1
Segment operating income		334.6		334.0		665.6		641.0
Corporate expenses		(19.4)		(15.3)		(57.6)		(50.8)
Corporate other income (expense) - net		1.9		7.4		(2.9)		12.7
Berkshire Hathaway merger-related costs		(0.8)		-		(10.7)		-
Restructuring and impairment (charges) credits		(0.3)		(0.5)		0.3		(1.4)
Interest expense - net		(22.0)		(23.4)		(45.6)		(46.9)
Income before income taxes	$	294.0	$	302.2	$	549.1	$	554.6

Reconciliation of Assets from Segment to Consolidated

The company’s total assets by segment were as follows:

	June 30,		December 31,
(In Millions of Dollars)	2011		2010
Segment assets:
Lubrizol Additives	$	2,319.5	$	1,998.7
Lubrizol Advanced Materials		2,065.1		1,802.7
Total segment assets		4,384.6		3,801.4
Corporate assets		1,064.7		1,165.6
Total consolidated assets	$	5,449.3	$	4,967.0