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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 793.4 $ 896.2
Receivables 921.9 723.5
Inventories 917.5 821.8
Deferred income taxes 87.8 81.5
Other current assets 36.1 27.1
Total current assets 2,756.7 2,550.1
Property and equipment - at cost 3,136.5 2,981.6
Less accumulated depreciation 1,855.0 1,798.1
Property and equipment - net 1,281.5 1,183.5
Goodwill 854.3 765.6
Intangible assets - net 390.5 299.4
Other assets 166.3 168.4
TOTAL 5,449.3 4,967.0
LIABILITIES AND TOTAL EQUITY    
Current portion of long-term debt 0.6 0.4
Accounts payable 468.4 369.2
Accrued expenses and other current liabilities 310.6 351.3
Total current liabilities 779.6 720.9
Long-term debt 1,356.5 1,351.6
Pension obligations 277.3 298.8
Other postretirement benefit obligations 94.7 93.3
Noncurrent liabilities 157.2 151.6
Deferred income taxes 77.9 70.1
Total liabilities 2,743.2 2,686.3
Contingencies and commitments    
Redeemable stock-based awards 10.6 9.6
Preferred stock without par value - unissued    
Common shares without par value: Authorized - 120,000,000 shares Outstanding - 64,413,696 shares at June 30, 2011, after deducting 21,782,198 treasury shares; 64,034,811 shares at December 31, 2010, after deducting 22,161,083 treasury shares 841.5 813.6
Retained earnings 1,822.0 1,517.4
Accumulated other comprehensive loss (44.6) (137.5)
Total of The Lubrizol Corporation shareholders' equity 2,618.9 2,193.5
Noncontrolling interests 76.6 77.6
Total equity 2,695.5 2,271.1
TOTAL $ 5,449.3 $ 4,967.0