VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

12 Months Ended

May 31, 2011

Valuation And Qualifying Accounts Abstract

Schedule Of Valuation And Qualifying Accounts Disclosure Text Block

														SCHEDULE II
RPM International Inc. and Subsidiaries
Valuation And Qualifying Accounts and Reserves
					Additions		Acquisitions
					Charged to		(Disposals)
			Balance at		Selling,		of Businesses						Impact of			Balance at
			Beginning		General and		and			(Deductions)		Deconsolidation				End
(In thousands)			of Period		Administrative	Reclassifications				Additions			(4)			of Period
Year Ended May 31, 2011
Current:
	Allowance for doubtful accounts	$	20,525	$	10,916	$			$	(3,844)	(1)	$			$	27,597
	Accrued product liability reserves	$	47,811	$	(1,430)	$	(2,525)		$	(5,915)	(2)	$			$	37,941
	Accrued loss reserves	$	3,084	$	2,504	$			$	(1,231)	(2)	$			$	4,357
Noncurrent:
	Accrued product liability	$	4,331	$	(57)	$			$	(1,369)	(2)	$			$	2,905
	Environmental reserves	$	4,408	$	115	$			$	170	(2)	$			$	4,693
Year Ended May 31, 2010
Current:
	Allowance for doubtful accounts	$	22,934	$	9,053	$	-		$	(8,581)	(1)	$	(2,881)	(4)	$	20,525
	Accrued product liability reserves	$	51,453	$	12,714	$	-		$	(10,709)	(2)	$	(5,647)	(4)	$	47,811
	Accrued loss reserves	$	6,947	$	65	$	(564)	(3)	$	(3,215)	(2)	$	(149)	(4)	$	3,084
	Asbestos-related liabilities	$	65,000	$		$	(45,000)	(3)	$	-		$	(20,000)	(4)	$	-
Noncurrent:
	Accrued product liability	$	7,067	$	348	$	-		$	(3,084)	(2)	$	-		$	4,331
	Environmental reserves	$	3,846	$	3,193	$	564	(3)	$	(2,080)	(2)	$	(1,115)	(4)	$	4,408
	Asbestos-related liabilities	$	425,328	$	-	$	45,000	(3)	$	(92,621)	(2)	$	(377,707)	(4)	$	-
Year Ended May 31, 2009
Current:
	Allowance for doubtful accounts	$	24,554	$	7,465	$	-		$	(9,085)	(1)	$	-		$	22,934
	Accrued product liability reserves	$	56,500	$	4,432	$	-		$	(9,479)	(2)	$	-		$	51,453
	Accrued loss reserves	$	7,426	$	(2,726)	$	3,118	(3)	$	(871)	(2)	$	-		$	6,947
	Asbestos-related liabilities	$	65,000	$	-	$	69,417	(3)	$	(69,417)	(2)	$	-		$	65,000
Noncurrent:
	Accrued product liability	$	8,518	$	797	$	-		$	(2,248)	(2)	$	-		$	7,067
	Environmental reserves	$	5,455	$	375	$	(3,118)	(3)	$	1,134	(2)	$	-		$	3,846
	Asbestos-related liabilities	$	494,745	$	-	$	(69,417)	(3)	$	-		$	-		$	425,328
	(1) Uncollectible accounts written off, net of recoveries
	(2) Primarily claims paid during the year, net of insurance contributions
	(3) Primarily transfers between current and noncurrent
	(4) Reflects the impact of the deconsolidation of SPHC as of May 31, 2010. Refer to Note A(2) and Note I to the Consolidated Financial Statements for the
	fiscal year ended May 31, 2011 for further information.