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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2023
May 31, 2022
Current Assets    
Cash and cash equivalents $ 215,787 $ 201,672
Trade accounts receivable (less allowances of $49,482 and $46,669, respectively) 1,503,040 1,432,632
Inventories 1,135,496 1,212,618
Prepaid expenses and other current assets 329,845 304,887
Total current assets 3,184,168 3,151,809
Property, Plant and Equipment, at Cost 2,332,916 2,132,915
Allowance for depreciation (1,093,440) (1,028,932)
Property, plant and equipment, net 1,239,476 1,103,983
Other Assets    
Goodwill 1,293,588 1,337,868
Other intangible assets, net of amortization 554,991 592,261
Operating lease right-of-use assets 329,582 307,797
Deferred income taxes 15,470 18,914
Other 164,729 195,074
Total other assets 2,358,360 2,451,914
Total Assets 6,782,004 6,707,706
Current Liabilities    
Accounts payable 680,938 800,369
Current portion of long-term debt 178,588 603,454
Accrued compensation and benefits 257,328 262,445
Accrued losses 26,470 24,508
Other accrued liabilities 347,477 325,632
Total current liabilities 1,490,801 2,016,408
Long-Term Liabilities    
Long-term debt, less current maturities 2,505,221 2,083,155
Operating lease liabilities 285,524 265,139
Other long-term liabilities 267,111 276,990
Deferred income taxes 90,347 82,186
Total long-term liabilities 3,148,203 2,707,470
Contingencies and Accrued Losses (Note P)
Stockholders' Equity    
Preferred stock, par value $0.01; authorized 50,000 shares; none issued
Common stock, par value $0.01; authorized 300,000 shares; issued 145,124 and outstanding 128,766 as of May 2023; issued 144,685 and outstanding 129,199 as of May 2022 1,288 1,292
Paid-in capital 1,124,825 1,096,147
Treasury stock, at cost (784,463) (717,019)
Accumulated other comprehensive (loss) (604,935) (537,337)
Retained earnings 2,404,125 2,139,346
Total RPM International Inc. stockholders' equity 2,140,840 1,982,429
Noncontrolling Interest 2,160 1,399
Total equity 2,143,000 1,983,828
Total Liabilities and Stockholders' Equity $ 6,782,004 $ 6,707,706