GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2011

Schedule of Goodwill

The carrying amount of goodwill by reporting segment follows:

(In Millions of Dollars)	Lubrizol Advanced   Materials		Lubrizol Additives		Total
Balance, December 31, 2010:
Goodwill	$	945.2	$	183.4	$	1,128.6
Accumulated impairment losses		(363.0)		-		(363.0)
		582.2		183.4		765.6
Goodwill acquired		67.1		-		67.1
Translation adjustments		19.9		1.7		21.6
Balance, June 30, 2011:
Goodwill		1,032.2		185.1		1,217.3
Accumulated impairment losses		(363.0)		-		(363.0)
	$	669.2	$	185.1	$	854.3

Schedule of Intangible Assets by Major Class

The following table shows the components of identifiable intangible assets:

			June 30, 2011				December 31, 2010
(In Millions of Dollars)	Weighted- Average Useful Life		Gross Carrying   Amount		Accumulated   Amortization		Gross Carrying   Amount		Accumulated   Amortization
Amortized intangible assets:
Customer lists		18 years	$	253.7	$	76.4	$	189.5	$	68.1
Technology		15 years		148.8		63.6		133.8		58.2
Trademarks		16 years		31.0		13.0		29.7		11.6
Patents		11 years		11.1		7.6		10.8		6.9
Other		8 years		1.2		0.6		1.2		0.5
Total amortized intangible assets				445.8		161.2		365.0		145.3
Non-amortized trademarks				105.9		-		79.7		-
Total			$	551.7	$	161.2	$	444.7	$	145.3