RPM International (RPM) 10-Q 4 Apr 24 2024 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Feb. 29, 2024	Mar. 27, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Feb. 29, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Trading Symbol	RPM
Entity Registrant Name	RPM International Inc.
Entity Central Index Key	0000110621
Current Fiscal Year End Date	--05-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Bankruptcy Proceedings, Reporting Current	false
Entity File Number	1-14187
Entity Tax Identification Number	02-0642224
Entity Address, Address Line One	2628 PEARL ROAD
Entity Address, City or Town	MEDINA
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	44256
City Area Code	330
Local Phone Number	273-5090
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		128,762,983
Title of 12(b) Security	Common Stock, par value $0.01

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 29, 2024	May 31, 2023
Current Assets
Cash and cash equivalents	$ 248,905	$ 215,787
Trade accounts receivable (less allowances of $58,377 and $49,482, respectively)	1,072,032	1,503,040
Inventories	1,080,698	1,135,496
Prepaid expenses and other current assets	344,948	329,845
Total current assets	2,746,583	3,184,168
Property, Plant and Equipment, at Cost	2,459,045	2,332,916
Allowance for depreciation	(1,172,164)	(1,093,440)
Property, plant and equipment, net	1,286,881	1,239,476
Other Assets
Goodwill	1,309,744	1,293,588
Other intangible assets, net of amortization	523,677	554,991
Operating lease right-of-use assets	326,998	329,582
Deferred income taxes	17,517	15,470
Other	171,004	164,729
Total other assets	2,348,940	2,358,360
Total Assets	6,382,404	6,782,004
Current Liabilities
Accounts payable	577,861	680,938
Current portion of long-term debt	6,225	178,588
Accrued compensation and benefits	237,951	257,328
Accrued losses	30,897	26,470
Other accrued liabilities	349,015	347,477
Total current liabilities	1,201,949	1,490,801
Long-Term Liabilities
Long-term debt, less current maturities	2,187,140	2,505,221
Operating lease liabilities	278,009	285,524
Other long-term liabilities	268,940	267,111
Deferred income taxes	98,153	90,347
Total long-term liabilities	2,832,242	3,148,203
Contingencies and Accrued Losses (Note 16)
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 145,729 and outstanding 128,763 as of February 29, 2024; issued 145,124 and outstanding 128,766 as of May 31, 2023	1,288	1,288
Paid-in capital	1,144,282	1,124,825
Treasury stock, at cost	(844,345)	(784,463)
Accumulated other comprehensive (loss)	(593,729)	(604,935)
Retained earnings	2,639,310	2,404,125
Total RPM International Inc. stockholders' equity	2,346,806	2,140,840
Noncontrolling Interest	1,407	2,160
Total equity	2,348,213	2,143,000
Total Liabilities and Stockholders' Equity	$ 6,382,404	$ 6,782,004

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Feb. 29, 2024	May 31, 2023
Statement of Financial Position [Abstract]
Trade accounts receivable, allowances	$ 58,377	$ 49,482
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, authorized	50,000,000	50,000,000
Preferred stock, issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized	300,000,000	300,000,000
Common stock, issued	145,729,000	145,124,000
Common stock, outstanding	128,763,000	128,766,000

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Income Statement [Abstract]
Net Sales		$ 1,522,982	$ 1,516,176	$ 5,327,114	$ 5,240,204
Cost of Sales		915,818	978,142	3,143,105	3,267,308
Gross Profit		607,164	538,034	2,184,009	1,972,896
Selling, General and Administrative Expenses		504,760	450,019	1,559,081	1,425,969
Restructuring Expense		6,359	4,154	14,096	6,780
Goodwill Impairment		0	36,745	0	36,745
Interest Expense		28,527	30,756	90,693	85,385
Investment (Income), Net		(18,665)	(2,723)	(36,393)	(5,910)
(Gain) on Sales of Assets and Business, Net		0	(25,743)	0	(25,881)
Other Expense, Net		2,602	2,339	7,973	7,065
Income Before Income Taxes		83,581	42,487	548,559	442,743
Provision for Income Taxes		22,103	15,248	139,953	114,683
Net Income		61,478	27,239	408,606	328,060
Less: Net Income Attributable to Noncontrolling Interests		279	265	820	729
Net Income Attributable to RPM International Inc. Stockholders		$ 61,199	$ 26,974	$ 407,786	$ 327,331
Average Number of Shares of Common Stock Outstanding:
Basic		127,781	127,495	127,803	127,564
Diluted	[1]	128,334	128,035	128,315	128,789
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:
Basic		$ 0.48	$ 0.21	$ 3.18	$ 2.55
Diluted		$ 0.47	$ 0.21	$ 3.16	$ 2.54
[1] For the three and nine months ended February 29, 2024, approximately 300,000 and 250,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive. For the three and nine months ended February 28, 2023, approximately 680,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Statement of Comprehensive Income [Abstract]
Net Income	$ 61,478	$ 27,239	$ 408,606	$ 328,060
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax	(7,591)	(6,935)	1,218	(76,719)
Pension and other postretirement benefit liability adjustments, net of tax	3,356	3,606	9,966	11,427
Unrealized gain (loss) on securities, net of tax	197	107	34	(467)
Unrealized (loss) on derivatives, net of tax	0	(555)	0	(1,765)
Total other comprehensive income (loss)	(4,038)	(3,777)	11,218	(67,524)
Total Comprehensive Income	57,440	23,462	419,824	260,536
Less: Comprehensive Income Attributable to Noncontrolling Interests	280	263	832	689
Comprehensive Income Attributable to RPM International Inc. Stockholders	$ 57,160	$ 23,199	$ 418,992	$ 259,847

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023
Cash Flows from Operating Activities:
Net Income	$ 408,606	$ 328,060
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	126,656	115,186
Goodwill Impairment	0	36,745
Deferred income taxes	2,190	8,506
Stock-based compensation expense	19,457	23,636
Net (gain) loss on marketable securities	(16,496)	3,241
Net loss (gain) on sales of assets and businesses	2,576	(25,881)
Other	1,244	684
Changes in assets and liabilities, net of effect from purchases and sales of businesses:
Decrease in receivables	430,512	202,742
Decrease (increase) in inventory	55,118	(142,069)
Decrease in prepaid expenses and other current and long-term assets	30,349	4,807
(Decrease) in accounts payable	(83,960)	(195,093)
(Decrease) in accrued compensation and benefits	(20,049)	(54,747)
Increase (decrease) in accrued losses	4,366	(2,119)
(Decrease) in other accrued liabilities	(19,424)	(40,690)
Cash Provided by Operating Activities	941,145	263,008
Cash Flows from Investing Activities:
Capital expenditures	(138,093)	(179,725)
Acquisition of businesses, net of cash acquired	(15,549)	(47,542)
Purchase of marketable securities	(30,591)	(13,173)
Proceeds from sales of marketable securities	22,130	9,596
Proceeds from sales of assets and businesses, net	5,749	53,318
Other	2,485	2,127
Cash (Used for) Investing Activities	(153,869)	(175,399)
Cash Flows from Financing Activities:
Additions to long-term and short-term debt	0	489,881
Reductions of long-term and short-term debt	(516,086)	(354,135)
Cash dividends	(172,601)	(159,841)
Repurchases of common stock	(37,488)	(37,500)
Shares of common stock returned for taxes	(21,949)	(15,252)
Payments of acquisition-related contingent consideration	(1,082)	(3,765)
Other	(1,586)	(2,689)
Cash (Used for) Financing Activities	(750,792)	(83,301)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(3,366)	(12,110)
Net Change in Cash and Cash Equivalents	33,118	(7,802)
Cash and Cash Equivalents at Beginning of Period	215,787	201,672
Cash and Cash Equivalents at End of Period	248,905	193,870
Cash paid during the period for:
Interest	90,770	83,248
Income Taxes, net of refunds	172,008	133,753
Supplemental Disclosures of Noncash Investing Activities:
Capital expenditures accrued within accounts payable at quarter-end	$ 12,621	$ 12,147

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive (Loss) Income	Retained Earnings	Total RPM International Inc. Equity	Noncontrolling Interests
Beginning Balance at May. 31, 2022	$ 1,983,828	$ 1,292	$ 1,096,147	$ (717,019)	$ (537,337)	$ 2,139,346	$ 1,982,429	$ 1,399
Beginning Balance (in shares) at May. 31, 2022		129,199,000
Net income	169,279					169,013	169,013	266
Other comprehensive income (loss)	(75,630)				(75,568)		(75,568)	(62)
Dividends declared and paid	(51,420)					(51,420)	(51,420)
Other noncontrolling interest activity	(60)							(60)
Share repurchases under repurchase program	(25,000)	$ (3)	3	(25,000)			(25,000)
Share repurchases under repurchase program (in shares)		(303,000)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	(3,395)	$ 2	9,061	(12,458)			(3,395)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		203,000
Ending Balance at Aug. 31, 2022	1,997,602	$ 1,291	1,105,211	(754,477)	(612,905)	2,256,939	1,996,059	1,543
Ending Balance (in shares) at Aug. 31, 2022		129,099,000
Beginning Balance at May. 31, 2022	1,983,828	$ 1,292	1,096,147	(717,019)	(537,337)	2,139,346	1,982,429	1,399
Beginning Balance (in shares) at May. 31, 2022		129,199,000
Net income	328,060
Other comprehensive income (loss)	(67,524)
Share repurchases under repurchase program	$ (37,500)
Share repurchases under repurchase program (in shares)	(446,175)
Ending Balance at Feb. 28, 2023	$ 2,054,982	$ 1,289	1,119,786	(769,933)	(604,821)	2,306,836	2,053,157	1,825
Ending Balance (in shares) at Feb. 28, 2023		128,933,000
Beginning Balance at Aug. 31, 2022	1,997,602	$ 1,291	1,105,211	(754,477)	(612,905)	2,256,939	1,996,059	1,543
Beginning Balance (in shares) at Aug. 31, 2022		129,099,000
Net income	131,542					131,344	131,344	198
Other comprehensive income (loss)	11,883				11,859		11,859	24
Dividends declared and paid	(54,220)					(54,220)	(54,220)
Other noncontrolling interest activity	(141)							(141)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	5,419		7,814	(2,395)			5,419
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		(9,000)
Ending Balance at Nov. 30, 2022	2,092,085	$ 1,291	1,113,025	(756,872)	(601,046)	2,334,063	2,090,461	1,624
Ending Balance (in shares) at Nov. 30, 2022		129,090,000
Net income	27,239					26,974	26,974	265
Other comprehensive income (loss)	(3,777)				(3,775)		(3,775)	(2)
Dividends declared and paid	(54,201)					(54,201)	(54,201)
Other noncontrolling interest activity	(62)							(62)
Share repurchases under repurchase program	$ (12,500)	$ (2)	2	(12,500)			(12,500)
Share repurchases under repurchase program (in shares)	(143,096)	(143,000)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	$ 6,198		6,759	(561)			6,198
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		(14,000)
Ending Balance at Feb. 28, 2023	2,054,982	$ 1,289	1,119,786	(769,933)	(604,821)	2,306,836	2,053,157	1,825
Ending Balance (in shares) at Feb. 28, 2023		128,933,000
Beginning Balance at May. 31, 2023	2,143,000	$ 1,288	1,124,825	(784,463)	(604,935)	2,404,125	2,140,840	2,160
Beginning Balance (in shares) at May. 31, 2023		128,766,000
Net income	201,313					201,082	201,082	231
Other comprehensive income (loss)	11,760				11,746		11,746	14
Dividends declared and paid	(54,065)					(54,065)	(54,065)
Other noncontrolling interest activity	(712)							(712)
Share repurchases under repurchase program	(12,500)	$ (1)	1	(12,500)			(12,500)
Share repurchases under repurchase program (in shares)		(122,000)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	(5,960)	$ 3	9,115	(15,078)			(5,960)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		318,000
Ending Balance at Aug. 31, 2023	2,282,836	$ 1,290	1,133,941	(812,041)	(593,189)	2,551,142	2,281,143	1,693
Ending Balance (in shares) at Aug. 31, 2023		128,962,000
Beginning Balance at May. 31, 2023	2,143,000	$ 1,288	1,124,825	(784,463)	(604,935)	2,404,125	2,140,840	2,160
Beginning Balance (in shares) at May. 31, 2023		128,766,000
Net income	408,606
Other comprehensive income (loss)	11,218
Share repurchases under repurchase program	$ (37,500)
Share repurchases under repurchase program (in shares)	(368,871)
Ending Balance at Feb. 29, 2024	$ 2,348,213	$ 1,288	1,144,282	(844,345)	(593,729)	2,639,310	2,346,806	1,407
Ending Balance (in shares) at Feb. 29, 2024		128,763,000
Beginning Balance at Aug. 31, 2023	2,282,836	$ 1,290	1,133,941	(812,041)	(593,189)	2,551,142	2,281,143	1,693
Beginning Balance (in shares) at Aug. 31, 2023		128,962,000
Net income	145,815					145,505	145,505	310
Other comprehensive income (loss)	3,496				3,499		3,499	(3)
Dividends declared and paid	(59,260)					(59,260)	(59,260)
Share repurchases under repurchase program	(12,500)	$ (1)	1	(12,500)			(12,500)
Share repurchases under repurchase program (in shares)		(132,000)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	2,167		8,028	(5,861)			2,167
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		42,000
Ending Balance at Nov. 30, 2023	2,362,554	$ 1,289	1,141,970	(830,402)	(589,690)	2,637,387	2,360,554	2,000
Ending Balance (in shares) at Nov. 30, 2023		128,872,000
Net income	61,478					61,199	61,199	279
Other comprehensive income (loss)	(4,038)				(4,039)		(4,039)	1
Dividends declared and paid	(59,276)					(59,276)	(59,276)
Other noncontrolling interest activity	(873)							(873)
Share repurchases under repurchase program	$ (12,488)	$ (1)	1	(12,488)			(12,488)
Share repurchases under repurchase program (in shares)	(114,588)	(115,000)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	$ 856		2,311	(1,455)			856
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		6,000
Ending Balance at Feb. 29, 2024	$ 2,348,213	$ 1,288	$ 1,144,282	$ (844,345)	$ (593,729)	$ 2,639,310	$ 2,346,806	$ 1,407
Ending Balance (in shares) at Feb. 29, 2024		128,763,000

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023	Feb. 28, 2023	Nov. 30, 2022	Aug. 31, 2022
Statement of Stockholders' Equity [Abstract]
Dividends declared and paid per share	$ 0.46	$ 0.46	$ 0.42	$ 0.42	$ 0.42	$ 0.40

Consolidation, Noncontrolling I

Consolidation, Noncontrolling Interests and Basis of Presentation	9 Months Ended
	Feb. 29, 2024
Accounting Policies [Abstract]
Consolidation, Noncontrolling Interests and Basis of Presentation	NOTE 1 — CONSOLIDATION, NONCONTROLLING INTERESTS AND BASIS OF PRESENTATION The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with Generally Accepted Accounting Principles in the U.S. (“GAAP”) for interim financial information and the instructions to Form 10-Q. In our opinion, all adjustments (consisting of normal, recurring accruals) considered necessary for a fair presentation have been included for the three- and nine-month periods ended February 29, 2024, and February 28, 2023. For further information, refer to the Consolidated Financial Statements and Notes included in our Annual Report on Form 10-K for the year ended May 31, 2023. Our financial statements include all of our majority-owned subsidiaries. We account for our investments in less-than-majority-owned joint ventures, for which we have the ability to exercise significant influence, under the equity method. Effects of transactions between related companies are eliminated in consolidation. Noncontrolling interests are presented in our Consolidated Financial Statements as if parent company investors (controlling interests) and other minority investors (noncontrolling interests) in partially-owned subsidiaries have similar economic interests in a single entity. As a result, investments in noncontrolling interests are reported as equity in our Consolidated Financial Statements. Additionally, our Consolidated Financial Statements include 100 % of a controlled subsidiary’s earnings, rather than only our share. Transactions between the parent company and noncontrolling interests are reported in equity as transactions between stockholders, provided that these transactions do not create a change in control. Our business is dependent on external weather factors. Historically, we have experienced strong sales and net income in our first, second and fourth fiscal quarters comprising the three-month periods ending August 31, November 30, and May 31, respectively, with weaker performance in our third fiscal quarter (December through February).

New Accounting Pronouncements

New Accounting Pronouncements	9 Months Ended
	Feb. 29, 2024
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	NOTE 2 — NEW ACCOUNTING PRONOUNCEMENTS New Pronouncements Adopted We have not adopted any Accounting Standard Updates (“ASU”) during fiscal 2024 that have a material impact on our Consolidated Financial Statements. New Pronouncements Issued In December 2023, the Financial Accounting Standards Board ("FASB") issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures," which requires a public business entity to disclose specific categories in its annual effective tax rate reconciliation and disaggregated information about significant reconciling items by jurisdiction and by nature. The ASU also requires entities to disclose their income tax payments (net of refunds) to international, federal, and state and local jurisdictions. The guidance makes several other changes to income tax disclosure requirements. This guidance is effective for fiscal years beginning after December 15, 2024, and requires prospective application with the option to apply it retrospectively. Early adoption is permitted. We are currently evaluating this ASU to determine its impact on our disclosures. In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures," which expands disclosures about a public business entity's reportable segments and provides for more detailed information about a reportable segment's expenses. This guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, and requires retrospective application to all prior periods presented in the financial statements. Early adoption is permitted. We are currently evaluating this ASU to determine its impact on our disclosures.

Restructuring

Restructuring	9 Months Ended
	Feb. 29, 2024
Restructuring and Related Activities [Abstract]
Restructuring	NOTE 3 — RESTRUCTURING We record restructuring charges associated with management-approved restructuring plans to either reorganize one or more of our business segments, or to remove duplicative headcount and infrastructure associated with our businesses. Restructuring charges can include severance costs to eliminate a specified number of associates, infrastructure charges to vacate facilities and consolidate operations, contract cancellation costs and other costs. We record the short-term portion of our restructuring liability in other accrued liabilities and the long-term portion, if any, in other long-term liabilities in our Consolidated Balance Sheets. During 2018, we approved and implemented the initial phases of a multi-year restructuring plan, which is referred to as the 2020 Margin Acceleration Plan (“MAP to Growth”). We incurred $ 0.7 million and $ 3.3 million of restructuring costs associated with this plan for the three and nine months ended February 28, 2023, respectively. We did no t incur any restructuring costs for the three and nine months ended February 29, 2024, and we do not expect to incur any further costs associated with this plan. In August 2022, we approved and announced our Margin Achievement Plan 2025 (“MAP 2025”), which is a multi-year restructuring plan to build on the achievements of MAP to Growth and designed to improve margins by streamlining business processes, reducing working capital, implementing commercial initiatives to drive improved mix and salesforce effectiveness and improving operating efficiency. Most activities under MAP 2025 are anticipated to be completed by the end of fiscal 2025; however, we expect some costs to extend beyond this date. The current total expected costs associated with this plan are outlined below and increased approximately $ 8.4 million compared to our previous estimate, attributable to increases in expected severance and benefit charges of $ 4.9 million and expected facility closure and other related costs of $ 3.5 million. Throughout our MAP 2025 initiative, we will continue to assess and find areas of improvement and cost savings. As such, the final implementation of the aforementioned phases and total expected costs are subject to change. Following is a summary of the charges recorded in connection with MAP 2025 by reportable segment for the three- and nine-month periods ending February 29, 2024, as well as the total expected costs related to projects identified to date: Three Months Nine Months Cumulative Total (In thousands) February 29, 2024 February 29, 2024 to Date Costs Construction Products Group ("CPG") Segment: Severance and benefit costs $ 4,034 $ 4,836 $ 10,928 $ 16,698 Facility closure and other related costs 163 163 163 16,435 Total Charges $ 4,197 $ 4,999 $ 11,091 $ 33,133 Performance Coatings Group ("PCG") Segment: Severance and benefit costs $ 579 $ 1,623 $ 2,771 $ 5,339 Facility closure and other related costs 2 125 125 1,557 Other restructuring costs (a) - 4,555 7,092 7,092 Total Charges $ 581 $ 6,303 $ 9,988 $ 13,988 Consumer Segment: Severance and benefit costs $ 817 $ 852 $ 1,359 $ 1,598 Facility closure and other related costs 18 32 653 693 Total Charges $ 835 $ 884 $ 2,012 $ 2,291 Specialty Products Group ("SPG") Segment: Severance and benefit costs $ 639 $ 1,774 $ 2,579 $ 3,562 Facility closure and other related costs 107 136 136 6,688 Total Charges $ 746 $ 1,910 $ 2,715 $ 10,250 Corporate/Other Segment: Severance and benefit (credits) $ - $ - $ ( 50 ) $ ( 50 ) Total Charges $ - $ - $ ( 50 ) $ ( 50 ) Consolidated: Severance and benefit costs $ 6,069 $ 9,085 $ 17,587 $ 27,147 Facility closure and other related costs 290 456 1,077 25,373 Other restructuring costs - 4,555 7,092 7,092 Total Charges $ 6,359 $ 14,096 $ 25,756 $ 59,612 (a) Of the $ 4.6 million of other restructuring costs incurred for the nine-month period ending February 29, 2024, $ 3.3 million is associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements. Following is a summary of the charges recorded in connection with MAP 2025 by reportable segment for the three- and nine-month periods ending February 28, 2023: Three Months Nine Months (In thousands) February 28, 2023 February 28, 2023 CPG Segment: Severance and benefit costs $ 324 $ 324 Total Charges $ 324 $ 324 PCG Segment: Severance and benefit costs $ 573 $ 573 Other restructuring costs (b) 2,537 2,537 Total Charges $ 3,110 $ 3,110 Consumer Segment: Severance and benefit costs $ 13 $ 13 Total Charges $ 13 $ 13 Consolidated: Severance and benefit costs $ 910 $ 910 Other restructuring costs 2,537 2,537 Total Charges $ 3,447 $ 3,447 (b) Other restructuring costs are associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements. A summary of the activity in the restructuring reserves related to MAP 2025 is as follows: (in thousands) Severance and Facility Other Asset Total Balance at November 30, 2023 $ 2,805 $ - $ - $ 2,805 Additions charged to expense 6,069 290 - 6,359 Cash payments charged against reserve ( 1,863 ) ( 288 ) - ( 2,151 ) Non-cash charges and other adjustments ( 1 ) - - ( 1 ) Balance at February 29, 2024 $ 7,010 $ 2 $ - $ 7,012 (In thousands) Severance and Facility Other Asset Total Balance at June 1, 2023 $ 2,717 $ - $ - $ 2,717 Additions charged to expense 9,085 456 4,555 14,096 Cash payments charged against reserve ( 4,808 ) ( 454 ) - ( 5,262 ) Non-cash charges and other adjustments 16 - ( 4,555 ) ( 4,539 ) Balance at February 29, 2024 $ 7,010 $ 2 $ - $ 7,012

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Feb. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	NOTE 4 - GOODWILL AND OTHER INTANGIBLE ASSETS The changes in the carrying amount of goodwill, by reportable segment, for the nine months ended February 29, 2024 and February 28, 2023, are as follows: CPG PCG Consumer SPG (In thousands) Segment Segment Segment Segment Total Balance as of May 31, 2023 $ 450,555 $ 161,732 $ 531,227 $ 150,074 $ 1,293,588 Acquisitions 11,993 - - - 11,993 Transfers ( 11,414 ) 11,414 - - - Translation adjustments & other 2,244 491 1,105 323 4,163 Balance as of February 29, 2024 $ 453,378 $ 173,637 $ 532,332 $ 150,397 $ 1,309,744 CPG PCG Consumer SPG (In thousands) Segment Segment Segment Segment Total Balance as of May 31, 2022 $ 453,651 $ 201,815 $ 515,597 $ 166,805 $ 1,337,868 Acquisitions 7,306 907 16,952 281 25,446 Divestitures - - - ( 15,723 ) ( 15,723 ) Impairments - ( 36,745 ) - - ( 36,745 ) Translation adjustments & other ( 14,452 ) ( 3,737 ) ( 3,364 ) ( 1,222 ) ( 22,775 ) Balance as of February 28, 2023 $ 446,505 $ 162,240 $ 529,185 $ 150,141 $ 1,288,071 Total accumulated goodwill impairment losses were $ 193.0 million a t February 29, 2024 and February 28, 2023. Of the accumulated balance, $ 141.4 million is included in our SPG segment, $ 14.9 million is included in our CPG segment, and $ 36.7 million is included in our PCG segment. There were no impairment losses recorded during fiscal 2024. Changes in the Composition of our Segments in the First Quarter of Fiscal 2024 Effective June 1, 2023, certain Asia Pacific businesses and management structure, formerly of our CPG segment, were transferred to our PCG segment to create operating efficiencies and a more unified go-to-market strategy in Asia Pacific. As a result of this business realignment, $ 11.4 million of goodwill was reassigned from the CPG segment to the PCG segment using a relative fair value allocation approach. USL Restructuring in the First Quarter of Fiscal 2024 Effective June 1, 2023, certain businesses of our USL reporting unit were transferred to our Fibergrate, Carboline and Stonhard reporting units within our PCG segment. As a result of this change, USL was no longer designated as a separate reporting unit and any remaining goodwill was transferred to the reporting units noted above. Additionally, during the three-month period ended August 31, 2023, we recognized a loss on sale of $ 4.5 million in connection with the divestiture of Universal Sealants' (USL) Bridgecare services division, which is a contracting business focused on the installation of joints and waterproofing in the U.K. The loss on this sale is included in selling, general and administrative ("SG&A") expenses in our Consolidated Statements of Income and net loss (gain) on sales of assets and businesses in our Consolidated Statements of Cash Flows. Given these USL restructuring actions, we performed an interim impairment assessment of a remaining USL indefinite-lived tradename. Calculating the fair value of the tradename required the use of various estimates and assumptions. We estimated the fair value by applying a relief-from-royalty calculation, which included discounted future cash flows related to projected revenues impacted by this decision. In applying this methodology, we relied on a number of factors, including actual and forecasted revenues and market data. As the carrying amount of the tradename exceeded its fair value, an impairment loss of $ 3.3 million was recorded for the three months ended August 31, 2023. This impairment loss was classified as restructuring expense within our PCG segment. USL Impairment Charges Recorded in the Third Quarter of Fiscal 2023 For the three and nine months ended February 28, 2023, we recognized $ 36.7 million of goodwill impairment losses, which was recorded by our PCG segment. As part of our MAP 2025 operational improvement initiative and given the challenged macroeconomic environment, we evaluated certain business restructuring actions, specifically our go to market strategy for operating in Europe. During the third quarter ended February 28, 2023, due to declining profitability and regulatory headwinds, management decided to restructure the USL reporting unit within our PCG segment and correspondingly explored strategic alternatives for our USL infrastructure services business within the U.K., which represented approximately 30 % of annual revenues of the reporting unit. Due to this decision, we determined that an interim goodwill impairment assessment was required, as well as an impairment assessment for our other long-lived assets. Accordingly, for the three and nine months ended February 28, 2023, we recorded an impairment loss totali ng $ 36.7 million for the im pairment of goodwill a nd $ 2.5 million f or the impairment of an indefinite-lived tradename in our USL reporting unit. We did no t record any impairments for our definite-lived long-lived assets as a result of this assessment. Our goodwill impairment assessment included estimating the fair value of our USL reporting unit and comparing it with its carrying amount at February 28, 2023. Since the carrying amount of the USL reporting unit exceeded its fair value, we recognized an impairment loss. We estimated the fair value of the USL reporting unit using both the income and the market approaches. For the income approach, we estimated the fair value of our USL reporting unit by applying a discounted future cash flow calculation to USL’s projected earnings before interest, taxes, depreciation and amortization (“EBITDA”). In applying this methodology, we relied on a number of factors, including actual and forecasted operating results, future operating margins, and market data. The discounted cash flow used in the goodwill impairment test for USL assumed discrete period revenue growth through fiscal 2027 for the ongoing USL businesses in the U.K. and North America as well as probability-weighted cash flows that were dependent on the methodology utilized in determining strategic alternatives for the U.K. infrastructure services business. In applying the market approach, we used market multiples derived from a set of companies similar to USL. After recording the goodwill imp airment charge of $ 36.7 million, $ 1.1 million of goodwill remained on th e USL balance sheets as of February 28, 2023. Calculating the fair value of USL’s indefinite-lived tradenames required the use of various estimates and assumptions. We estimated the fair value of USL’s indefinite-lived tradenames by applying a relief-from-royalty calculation, which included discounted future cash flows related to projected revenues for the USL tradenames impacted by this decision. In applying this methodology, we relied on a number of factors, including actual and forecasted revenues and market data. As the carrying amount of one of the tradenames exceeded its fair value, an impairment loss o f $ 2.5 million was recorded for the three and nine months ended February 28, 2023. This impairment loss was classified in restructuring expense within our PCG segment. The impairment assessment for our long-lived assets, such as property and equipment and purchased intangibles subject to amortization, involved estimating the fair value of USL’s long-lived assets and comparing it with its carrying amount. Measuring a potential impairment of long-lived assets requires the use of various estimates and assumptions, including the determination of which cash flows are directly related to the assets being evaluated, the respective useful lives over which those cash flows will occur and potential residual values, if any. The results of our testing indicated that the carrying values of these assets were recoverable, as such we did no t record an impairment of our long-lived assets for the three and nine months ended February 28, 2023.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Feb. 29, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 5 — FAIR VALUE MEASUREMENTS Financial instruments recorded in the Consolidated Balance Sheets include cash and cash equivalents, trade accounts receivable, marketable securities, notes and accounts payable, and debt. An allowance for credit losses is established for trade accounts receivable using assessments of current creditworthiness of customers, historical collection experience, the aging of receivables and other currently available evidence. Trade accounts receivable balances are written-off against the allowance if a final determination of uncollectibility is made. All provisions for allowance for doubtful collection of accounts are included in SG&A expense. The valuation techniques utilized for establishing the fair values of assets and liabilities are based on observable and unobservable inputs. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect management’s market assumptions. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value, as follows: Level 1 Inputs — Quoted prices for identical instruments in active markets. Level 2 Inputs — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3 Inputs — Instruments with primarily unobservable value drivers. The following tables present our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. (In thousands) Quoted Prices Significant Significant Fair Value at Available-for-sale debt securities: U.S. Treasury and other government $ - $ 27,231 $ - $ 27,231 Corporate bonds - 140 - 140 Total available-for-sale debt securities - 27,371 - 27,371 Marketable equity securities: Stocks – foreign 1,319 - - 1,319 Stocks – domestic 10,794 - - 10,794 Mutual funds – foreign - 45,225 - 45,225 Mutual funds – domestic - 88,215 - 88,215 Total marketable equity securities 12,113 133,440 - 145,553 Contingent consideration - - ( 2,281 ) ( 2,281 ) Total $ 12,113 $ 160,811 $ ( 2,281 ) $ 170,643 (In thousands) Quoted Prices Assets Significant Significant Fair Value at Available-for-sale debt securities: U.S. Treasury and other government $ - $ 27,021 $ - $ 27,021 Corporate bonds - 141 - 141 Total available-for-sale debt securities - 27,162 - 27,162 Marketable equity securities: Stocks – foreign 786 - - 786 Stocks – domestic 5,009 - - 5,009 Mutual funds – foreign - 40,074 - 40,074 Mutual funds – domestic - 75,284 - 75,284 Total marketable equity securities 5,795 115,358 - 121,153 Contingent consideration - - ( 2,686 ) ( 2,686 ) Total $ 5,795 $ 142,520 $ ( 2,686 ) $ 145,629 Our investments in available-for-sale debt securities and marketable equity securities are valued using a market approach. The availability of inputs observable in the market varies from instrument to instrument and depends on a variety of factors, including the type of instrument, whether the instrument is actively traded and other characteristics particular to the transaction. For most of our financial instruments, pricing inputs are readily observable in the market, the valuation methodology used is widely accepted by market participants, and the valuation does not require significant management discretion. For other financial instruments, pricing inputs are less observable in the market and may require management judgment. The contingent consideration represents the estimated fair value of the additional variable cash consideration payable in connection with recent acquisitions that is contingent upon the achievement of certain performance milestones. We estimated the fair value using expected future cash flows over the period in which the obligation is expected to be settled which is considered to be a Level 3 input. During the first nine months of fiscal 2024, we paid approximately $ 1.1 million to satisfy contingent consideration obligations relating to certain performance milestones that were established in prior periods and achieved during the current year. During the first nine months of fiscal 2023, we recorded an increase in the accrual for approximately $ 2.1 million related to acquisitions and paid approximately $ 10.4 million to satisfy contingent consideration obligations relating to certain performance milestones that were established in prior periods and achieved during fiscal 2023. In the Consolidated Statements of Cash Flows, payments of acquisition-related contingent consideration for the amount recognized at fair value as of the acquisition date are reported in cash flows from financing activities, while payments of contingent consideration in excess of fair value as of the acquisition date, are reported in cash flows from operating activities within other accrued liabilities. The carrying value of our current financial instruments, which include cash and cash equivalents, marketable securities, trade accounts receivable, accounts payable and short-term debt approximates fair value because of the short-term maturity of these financial instruments. At February 29, 2024 and May 31, 2023, the fair value of our long-term debt was estimated using active market quotes, based on our current incremental borrowing rates for similar types of borrowing arrangements, which are Level 2 inputs. Based on the analysis performed, the fair value and the carrying value of our cash and cash equivalents and long-term debt as of February 29, 2024 and May 31, 2023 are as follows: At February 29, 2024 (In thousands) Carrying Value Fair Value Cash and cash equivalents $ 248,905 $ 248,905 Long-term debt, including current portion 2,193,365 2,046,904 At May 31, 2023 (In thousands) Carrying Value Fair Value Cash and cash equivalents $ 215,787 $ 215,787 Long-term debt, including current portion 2,683,809 2,490,863

Investment (Income), Net

Investment (Income), Net	9 Months Ended
	Feb. 29, 2024
Other Income and Expenses [Abstract]
Investment (Income), Net	NOTE 6 — INVESTMENT (INCOME), NET Investment (income), net, consists of the following components: Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Interest (income) $ ( 5,914 ) $ ( 2,266 ) $ ( 16,262 ) $ ( 6,805 ) Net (gain) loss on marketable securities ( 10,270 ) 429 ( 16,496 ) 3,241 Dividend (income) ( 2,481 ) ( 886 ) ( 3,635 ) ( 2,346 ) Investment (income), net $ ( 18,665 ) $ ( 2,723 ) $ ( 36,393 ) $ ( 5,910 ) Net (Gain) Loss on Marketable Securities Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Unrealized (gains) losses on marketable equity securities $ ( 12,015 ) $ 946 $ ( 18,439 ) $ 3,704 Realized losses (gains) on marketable equity securities 1,742 ( 525 ) 1,874 ( 435 ) Realized losses (gains) on available-for-sale debt securities 3 8 69 ( 28 ) Net (gain) loss on marketable securities $ ( 10,270 ) $ 429 $ ( 16,496 ) $ 3,241

(Gain) on Sales of Assets and B

(Gain) on Sales of Assets and Business, Net	9 Months Ended
	Feb. 29, 2024
Gain on Sales of Assets, Net [Abstract]
(Gain) on Sales of Assets and Business, Net	NOTE 7 — (GAIN) ON SALES OF ASSETS AND BUSINESS, NET During the three and nine months ended February 28, 2023, we recognized net gains of $ 25.7 million and $ 25.9 million, respectively, on the sale of certain real property assets and a business divestiture. On January 20, 2023, we completed the divestiture of our Guardian Protection Products, Inc ("Guardian") business for proceeds of approximately $ 49.2 million, net of cash disposed. In connection with the divestiture, we recognized a gain of $ 24.7 million for the quarter ended February 28, 2023, which is included in (gain) on sales of assets and business, net in our Consolidated Statements of Income. As of November 30, 2022, the criteria necessary to be classified as held for sale on the accompanying Consolidated Balance Sheets had not been met. Guardian, headquartered in Hickory, North Carolina, was a reporting unit included in our SPG segment and is a seller of furniture protection plans and protection products for fabric, leather, and wood applications. The sale of Guardian did not represent a strategic shift that had a major effect on our operations and therefore was not presented as discontinued operations in our fiscal 2023 financial results.

Other Expense, Net

Other Expense, Net	9 Months Ended
	Feb. 29, 2024
Other Income and Expenses [Abstract]
Other Expense, Net	NOTE 8 — OTHER EXPENSE, NET Other expense, net, consists of the following components: Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Pension non-service costs $ 2,793 $ 2,648 $ 8,359 $ 7,650 Other ( 191 ) ( 309 ) ( 386 ) ( 585 ) Other expense, net $ 2,602 $ 2,339 $ 7,973 $ 7,065

Income Taxes

Income Taxes	9 Months Ended
	Feb. 29, 2024
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 9 — INCOME TAXES The effective income tax rate of 26.4 % for the three months ended February 29, 2024 compares to the effective income tax rate of 35.9 % for the three months ended February 28, 2023. The effective income tax rates for the three-month periods ended February 29, 2024 and February 28, 2023 reflect variances from the 21 % statutory rate due primarily to the unfavorable impact of state and local income taxes, non-deductible business expenses, and the net tax on foreign subsidiary income resulting from the global intangible low-taxed income provisions, partially offset by tax benefits related to equity compensation. Further, the effective income tax rate for the three-month period ended February 29, 2024, reflects incremental tax expense related to increases to our net deferred income tax liability for unremitted earnings, unfavorable changes in valuation allowances for certain foreign tax attribute carryforwards, and an adjustment for the tax related to the prior year sale of the furniture warranty business. Additionally, the effective tax rate for the three-month period ended February 28, 2023, reflects the unfavorable impact of a noncash impairment charge for goodwill that was nondeductible for tax purposes. The effective income tax rate of 25.5 % for the nine months ended February 29, 2024 compares to the effective income tax rate of 25.9 % for the nine months ended February 28, 2023. The effective income tax rates for the nine-month periods ended February 29, 2024 and February 28, 2023 reflect variances from the 21 % statutory rate due primarily to the unfavorable impact of state and local income taxes, non-deductible business expenses, and the net tax on foreign subsidiary income resulting from the global intangible low-taxed income provisions, partially offset by tax benefits related to equity compensation. Additionally, the effective tax rate for the nine-month period ended February 29, 2024 reflects incremental tax expense related to increases to our net deferred income tax liability for unremitted earnings, unfavorable changes in valuation allowances for certain foreign attribute tax carryforwards, and an adjustment for the tax related to the prior year sale of the furniture warranty business. Additionally, the effective tax rate for the nine-month period ended February 28, 2023 reflects the unfavorable impact of a noncash impairment charge for goodwill that was nondeductible for tax purposes. Our deferred tax liability for unremitted foreign earnings was $ 7.3 million as of February 29, 2024, which represents our estimate of the net tax cost associated with the remittance of $ 298.0 million of foreign earnings that are not considered to be permanently reinvested. We have not provided for foreign withholding or income taxes on the remaining foreign subsidiaries’ undistributed earnings because such earnings have been retained and reinvested by the subsidiaries as of February 29, 2024. Accordingly, no provision has been made for foreign withholding or income taxes, which may become payable if the remaining undistributed earnings of foreign subsidiaries were remitted to us as dividends.

Inventories

Inventories	9 Months Ended
	Feb. 29, 2024
Inventory Disclosure [Abstract]
Inventories	NOTE 10 — INVENTORIES Inventories, net of reserves, were composed of the following major classes: (In thousands) February 29, 2024 May 31, 2023 Raw material and supplies $ 390,708 $ 451,504 Finished goods 689,990 683,992 Total Inventory, Net of Reserves $ 1,080,698 $ 1,135,496

Borrowings

Borrowings	9 Months Ended
	Feb. 29, 2024
Debt Disclosure [Abstract]
Borrowings	NOTE 11 — BORROWINGS Term Loan Facility Credit Agreement On December 27, 2023, we prepaid the $ 250.0 million of principal outstanding on our term loan which had a maturity date of August 1, 2025 .

Stock Repurchase Program

Stock Repurchase Program	9 Months Ended
	Feb. 29, 2024
Equity [Abstract]
Stock Repurchase Program	NOTE 12 — STOCK REPURCHASE PROGRAM On January 8, 2008 , we announced our authorization of a stock repurchase program under which we may repurchase shares of RPM International Inc. common stock at management’s discretion. As announced on November 28, 2018, our goal was to return $ 1.0 billion in capital to stockholders by May 31, 2021 through share repurchases and the retirement of our convertible note during fiscal 2019. On April 16, 2019, after taking into account share repurchases under our existing stock repurchase program to date, our Board of Directors authorized the repurchase of the remaining $ 600.0 million in value of RPM International Inc. common stock by May 31, 2021. As previously announced, given macroeconomic uncertainty resulting from the Covid pandemic, we had suspended stock repurchases under the program, but in January 2021, our Board of Directors authorized the resumption of our stock repurchase program. At the time of resuming the program, $ 469.7 million of shares of common stock remained available for repurchase. The Board of Directors also extended the stock repurchase program beyond its original May 31, 2021 expiration date until such time that the remaining $ 469.7 million of capital has been returned to our stockholders. As a result, we may repurchase shares from time to time in the open market or in private transactions at various times and in amounts and for prices that our management deems appropriate, subject to insider trading rules and other securities law restrictions. The timing of our purchases will depend upon prevailing market conditions, alternative uses of capital and other factors. We may limit or terminate the repurchase program at any time. During the three months ended February 29, 2024, we repurchased 114,588 shares of our common stock at a cost of approximately $ 12.5 million, or an average of $ 108.98 per share. During the three months ended February 28, 2023, we repurchased 143,096 shares of our common stock at a cost of $ 12.5 million, or an average of $ 87.35 per share. During the nine months ended February 29, 2024, we repurchased 368,871 shares of our common stock at a cost of approximately $ 37.5 million, or an average of $ 101.63 per share. During the nine months ended February 28, 2023, we repurchased 446,175 shares of our common stock at a cost of approximately $ 37.5 million, or an average of $ 84.05 per share. The maximum dollar amount that may yet be repurchased under our stock repurchase program was approximately $ 279.8 million at February 29, 2024.

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss)	9 Months Ended
	Feb. 29, 2024
Equity [Abstract]
Accumulated Other Comprehensive (Loss)	NOTE 13 — ACCUMULATED OTHER COMPREHENSIVE (LOSS) Accumulated other comprehensive (loss) consists of the following components: Pension And Other Foreign Postretirement Unrealized Unrealized Currency Benefit Gain Gain (Loss) Three Months Ended February 29, 2024 Translation Liability (Loss) On On (In thousands) Adjustments Adjustments Derivatives Securities Total Balance at November 30, 2023 $ ( 456,577 ) $ ( 142,154 ) $ 11,405 $ ( 2,364 ) $ ( 589,690 ) Current period comprehensive (loss) income ( 6,720 ) - - 211 ( 6,509 ) Income taxes associated with current period comprehensive (loss) income ( 872 ) - - ( 8 ) ( 880 ) Amounts reclassified from accumulated other comprehensive income (loss) - 4,391 - ( 7 ) 4,384 Income taxes reclassified into earnings - ( 1,035 ) - 1 ( 1,034 ) Balance at February 29, 2024 $ ( 464,169 ) $ ( 138,798 ) $ 11,405 $ ( 2,167 ) $ ( 593,729 ) Pension And Other Foreign Postretirement Unrealized Unrealized Currency Benefit Gain Gain (Loss) Three Months Ended February 28, 2023 Translation Liability (Loss) On On (In thousands) Adjustments Adjustments Derivatives Securities Total Balance at November 30, 2022 $ ( 465,218 ) $ ( 145,562 ) $ 11,960 $ ( 2,226 ) $ ( 601,046 ) Current period comprehensive (loss) income ( 7,006 ) - - ( 55 ) ( 7,061 ) Income taxes associated with current period comprehensive (loss) income 72 - - 198 270 Amounts reclassified from accumulated other comprehensive income (loss) - 4,738 ( 554 ) ( 37 ) 4,147 Income taxes reclassified into earnings - ( 1,132 ) - 1 ( 1,131 ) Balance at February 28, 2023 $ ( 472,152 ) $ ( 141,956 ) $ 11,406 $ ( 2,119 ) $ ( 604,821 ) Pension And Other Foreign Postretirement Unrealized Unrealized Currency Benefit Gain Gain (Loss) Nine Months Ended February 29, 2024 Translation Liability (Loss) On On (In thousands) Adjustments Adjustments Derivatives Securities Total Balance at June 1, 2023 $ ( 465,375 ) $ ( 148,764 ) $ 11,405 $ ( 2,201 ) $ ( 604,935 ) Current period comprehensive (loss) income 2,397 - - 289 2,686 Income taxes associated with current period comprehensive (loss) income ( 1,191 ) - - ( 70 ) ( 1,261 ) Amounts reclassified from accumulated other comprehensive income (loss) - 13,013 - ( 197 ) 12,816 Income taxes reclassified into earnings - ( 3,047 ) - 12 ( 3,035 ) Balance at February 29, 2024 $ ( 464,169 ) $ ( 138,798 ) $ 11,405 $ ( 2,167 ) $ ( 593,729 ) Pension And Other Foreign Postretirement Unrealized Unrealized Currency Benefit Gain Gain (Loss) Nine Months Ended February 28, 2023 Translation Liability (Loss) On On (In thousands) Adjustments Adjustments Derivatives Securities Total Balance at June 1, 2022 $ ( 395,473 ) $ ( 153,383 ) $ 13,171 $ ( 1,652 ) $ ( 537,337 ) Current period comprehensive (loss) income ( 78,942 ) - - ( 863 ) ( 79,805 ) Income taxes associated with current period comprehensive (loss) income 2,263 - - 409 2,672 Amounts reclassified from accumulated other comprehensive income (loss) - 15,064 ( 1,765 ) ( 9 ) 13,290 Income taxes reclassified into earnings - ( 3,637 ) - ( 4 ) ( 3,641 ) Balance at February 28, 2023 $ ( 472,152 ) $ ( 141,956 ) $ 11,406 $ ( 2,119 ) $ ( 604,821 )

Earnings Per Share

Earnings Per Share	9 Months Ended
	Feb. 29, 2024
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 14 — EARNINGS PER SHARE The following table sets forth the reconciliation of the numerator and denominator of basic and diluted earnings per share ("EPS") for the three- and nine-month periods ended February 29, 2024 and February 28, 2023. Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands, except per share amounts) 2024 2023 2024 2023 Numerator for earnings per share: Net income attributable to RPM International Inc. stockholders $ 61,199 $ 26,974 $ 407,786 $ 327,331 Less: Allocation of earnings and dividends to participating securities ( 279 ) ( 274 ) ( 1,840 ) ( 1,593 ) Net income available to common shareholders - basic 60,920 26,700 405,946 325,738 Reverse: Allocation of earnings and dividends to participating securities - - - 1,593 Add: Undistributed earnings reallocated to unvested shareholders - - 5 - Net income available to common shareholders - diluted $ 60,920 $ 26,700 $ 405,951 $ 327,331 Denominator for basic and diluted earnings per share: Basic weighted average common shares 127,781 127,495 127,803 127,564 Average diluted options and awards 553 540 512 1,225 Total shares for diluted earnings per share (1) 128,334 128,035 128,315 128,789 Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders: Basic Earnings Per Share of Common Stock $ 0.48 $ 0.21 $ 3.18 $ 2.55 Method used to calculate basic earnings per share Two-class Two-class Two-class Two-class Diluted Earnings Per Share of Common Stock $ 0.47 $ 0.21 $ 3.16 $ 2.54 Method used to calculate diluted earnings per share Two-class Two-class Two-class Treasury (1) For the three and nine months ended February 29, 2024, approximately 300,000 and 250,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive. For the three and nine months ended February 28, 2023, approximately 680,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive.

Pension Plans

Pension Plans	9 Months Ended
	Feb. 29, 2024
Retirement Benefits [Abstract]
Pension Plans	NOTE 15 — PENSION PLANS We offer defined benefit pension plans, defined contribution pension plans, and various postretirement benefit plans. The following tables provide the retirement-related benefit plans’ impact on income before income taxes for the three- and nine-month periods ended February 29, 2024 and February 28, 2023: U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended (In thousands) February 29, February 28, February 29, February 28, Pension Benefits 2024 2023 2024 2023 Service cost $ 10,913 $ 10,890 $ 887 $ 951 Interest cost 8,992 7,173 1,935 1,728 Expected return on plan assets ( 10,518 ) ( 9,536 ) ( 2,400 ) ( 1,727 ) Amortization of: Prior service cost (credit) 1 - ( 31 ) ( 27 ) Net actuarial losses recognized 4,205 4,487 209 125 Net Periodic Benefit Cost $ 13,593 $ 13,014 $ 600 $ 1,050 U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended (In thousands) February 29, February 28, February 29, February 28, Postretirement Benefits 2024 2023 2024 2023 Service cost $ - $ - $ 569 $ 287 Interest cost 22 21 390 368 Amortization of: Prior service (credit) - ( 30 ) - - Net actuarial (gains) losses recognized ( 4 ) 11 ( 12 ) ( 14 ) Net Periodic Benefit Cost $ 18 $ 2 $ 947 $ 641 U.S. Plans Non-U.S. Plans Nine Months Ended Nine Months Ended (In thousands) February 29, February 28, February 29, February 28, Pension Benefits 2024 2023 2024 2023 Service cost $ 32,739 $ 32,670 $ 2,661 $ 2,853 Interest cost 26,976 21,519 5,805 5,184 Expected return on plan assets ( 31,554 ) ( 28,608 ) ( 7,200 ) ( 5,181 ) Amortization of: Prior service cost (credit) 3 - ( 93 ) ( 81 ) Net actuarial losses recognized 12,615 13,461 627 375 Net Periodic Benefit Cost $ 40,779 $ 39,042 $ 1,800 $ 3,150 U.S. Plans Non-U.S. Plans Nine Months Ended Nine Months Ended (In thousands) February 29, February 28, February 29, February 28, Postretirement Benefits 2024 2023 2024 2023 Service cost $ - $ - $ 1,707 $ 861 Interest cost 66 63 1,170 1,104 Amortization of: Prior service (credit) - ( 90 ) - - Net actuarial (gains) losses recognized ( 12 ) 33 ( 36 ) ( 42 ) Net Periodic Benefit Cost $ 54 $ 6 $ 2,841 $ 1,923 Net periodic pension cost for fiscal 2024 is similar to our fiscal 2023 cost due to higher interest costs, which are partially offset by an increase in expected return on plan assets. We expect that pension expense will fluctuate on a year-to-year basis, depending upon the investment performance of plan assets and potential changes in interest rates, and these fluctuations may have a material impact on our consolidated financial results in the future. We previously disclosed in our financial statements for the fiscal year ended May 31, 2023 that we are required and expect to contribute approximately $ 0.7 million to our retirement plans in the U.S. and approximately $ 5.7 million to plans outside the U.S. during the current fiscal year and that we will evaluate whether to make additional contributions throughout fiscal 2024. As a result of this evaluation, we contributed $ 41.2 million to the main pension plan in the U.S. during the current quarter, which will increase our total expected U.S. contributions to $ 41.9 million during fiscal year 2024.

Contingencies and Accrued Losse

Contingencies and Accrued Losses	9 Months Ended
	Feb. 29, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Accrued Losses	NOTE 16 — CONTINGENCIES AND ACCRUED LOSSES Product Liability Matters We provide, through our wholly-owned insurance subsidiaries, certain insurance coverage, primarily product liability coverage, to our other subsidiaries. Excess coverage is provided by third-party insurers. Our product liability accruals provide for these potential losses as well as other uninsured claims. Product liability accruals are established based upon actuarial calculations of potential liability using industry experience, actual historical experience and actuarial assumptions developed for similar types of product liability claims, including development factors and lag times. To the extent there is a reasonable possibility that potential losses could exceed the amounts already accrued, we believe that the amount of any such additional loss would be immaterial to our results of operations, liquidity and consolidated financial position. Warranty Matters We also offer warranties on many of our products, as well as long-term warranty programs at certain of our businesses, and have established product warranty liabilities. We review these liabilities for adequacy on a quarterly basis and adjust them as necessary. The primary factors that could affect these liabilities may include changes in performance rates as well as costs of replacement. Provision for estimated warranty costs is recorded at the time of sale and periodically adjusted, as required, to reflect actual experience. It is probable that we will incur future losses related to warranty claims we have received but that have not been fully investigated and related to claims not yet received. While our warranty liabilities represent our best estimates at February 29, 2024, we can provide no assurances that we will not experience material claims in the future or that we will not incur significant costs to resolve such claims beyond the amounts accrued or beyond what we may recover from our suppliers. Based upon the nature of the expense, product warranty expense is recorded as a component of cost of sales or within SG&A. Also, due to the nature of our businesses, the amount of claims paid can fluctuate from one period to the next. While our warranty liabilities represent our best estimates of our expected losses at any given time, from time-to-time we may revise our estimates based on our experience relating to factors such as weather conditions, specific circumstances surrounding product installations and other factors. The following table includes the changes in our accrued warranty balances: Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Beginning Balance $ 12,651 $ 11,509 $ 11,776 $ 10,905 Deductions (1) ( 7,479 ) ( 5,620 ) ( 24,863 ) ( 20,124 ) Provision charged to expense 7,297 5,558 25,556 20,666 Ending Balance $ 12,469 $ 11,447 $ 12,469 $ 11,447 (1) Primarily claims paid during the period. Environmental Matters Like other companies participating in similar lines of business, some of our subsidiaries are involved in environmental remediation matters. It is our policy to accrue remediation costs when the liability is probable and the costs are reasonably estimable, which generally is not later than at completion of a feasibility study or when we have committed to an appropriate plan of action. We also take into consideration the estimated period of time over which payments may be required. The liabilities are reviewed periodically and, as investigation and remediation activities continue, adjustments are made as necessary. Liabilities for losses from environmental remediation obligations do not consider the effects of inflation and anticipated expenditures are not discounted to their present value. The liabilities are not offset by possible recoveries from insurance carriers or other third parties but do reflect anticipated allocations among potentially responsible parties at federal superfund sites or similar state-managed sites, third-party indemnity obligations, and an assessment of the likelihood that such parties will fulfill their obligations at such sites. Other Contingencies One of our former subsidiaries in our SPG reportable segment has been the subject of a proceeding in which one of its former distributors brought suit against the subsidiary for breach of contract. Following a June 2017 trial, a jury determined that the distributor was not entitled to any damages on the distributor’s claims. On appeal, the Ninth Circuit Court of Appeals ordered a new trial with respect to certain issues. On December 10, 2021, a new jury awarded $ 6.0 million in damages to the distributor. Per the parties’ contracts, the distributor was also entitled to seek recovery of some portion of its attorneys’ fees and costs. On July 3, 2023, the Ninth Circuit Court of Appeals issued its decision rejecting the distributor's arguments and denying all appellate relief to the distributor, which also rendered our cross-appeal moot. On November 15, 2023, the U.S. District Court for the Eastern District of California issued an order awarding the distributor approximately $ 4.4 million in connection with attorney's fees and costs the distributor allegedly incurred throughout the duration of this legal action. As a result of this order, we increased our accrual to $ 10.4 million as of November 30, 2023. On December 27, 2023, we paid the $ 6.0 million judgment, and then decreased our accrual to approximately $ 4.4 million. However, because we strongly disagree with the District Court's order awarding attorneys’ fees and costs to the distributor, we timely filed an appeal of this order with the Ninth Circuit Court of Appeals, which remains pending. We did no t incur SG&A expense for the three-month period ending February 29, 2024, related to this matter. We incurred SG&A expense of $ 4.4 million for the nine-month period ending February 29, 2024, related to this matter. This contingency remains a liability of the Company. Gain on Business Interruption Insurance In April 2021, there was a significant plant explosion at a key alkyd resin supplier which caused severe supply chain disruptions. As a result of this disruption, the Consumer segment incurred incremental costs and lost sales during fiscal 2021 and 2022. A claim for these losses was submitted under our business interruption insurance policy. The Consumer segment recovered $ 10.3 million from insurance during the first quarter of fiscal 2024 and $ 0.8 million during the second quarter of fiscal 2024. These proceeds were recorded as a gain of $ 11.1 million for the nine-month period ending February 29, 2024. No such proceeds were received during the three-month period ending February 29, 2024. The Consumer segment also recovered $ 20.0 million of insurance proceeds during the third quarter of fiscal 2023, which were recorded as a gain for the three- and nine-month periods ending February 28, 2023. The insurance gains are recorded as a reduction to SG&A expenses in our Consolidated Statements of Income, and the proceeds are included within cash flows from operating activities in our Consolidated Statement of Cash Flows.

Revenue

Revenue	9 Months Ended
	Feb. 29, 2024
Revenue from Contract with Customer [Abstract]
Revenue	NOTE 17 — REVENUE We operate a portfolio of businesses that manufacture and sell a variety of product lines that include specialty paints, protective coatings, roofing systems, sealants and adhesives, among other things. We disaggregate revenues from the sales of our products and services based upon geographical location by each of our reportable segments, which are aligned by similar economic factors, trends and customers, which best depict the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. See Note 18, “Segment Information,” to the Consolidated Financial Statements for further details regarding our disaggregated revenues, as well as a description of each of the unique revenue streams related to each of our four reportable segments. Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration we expect to receive in exchange for those products or services. The majority of our revenue is recognized at a point in time. However, we also record revenues generated under construction contracts, mainly in connection with the installation of specialized roofing and flooring systems and related services. For certain polymer flooring installation projects, we account for our revenue using the output method, as we consider square footage of completed flooring to be the best measure of progress toward the complete satisfaction of the performance obligation. In contrast, for certain of our roofing installation projects, we account for our revenue using the input method, as that method is the best measure of performance as it considers costs incurred in relation to total expected project costs, which essentially represents the transfer of control for roofing systems to the customer. In general, for our construction contracts, we record contract revenues and related costs as our contracts progress on an over-time model. We have elected to apply the practical expedient to recognize revenue net of allowances for returns and any taxes collected from customers, which are subsequently remitted to governmental authorities. Payment terms and conditions vary by contract type, although our customers’ payment terms generally include a requirement to pay within 30 to 60 days of fulfilling our performance obligations . In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined that our contracts generally do not include a significant financing component. We have elected to apply the practical expedient to treat all shipping and handling costs as fulfillment costs, as a significant portion of these costs are incurred prior to control transfer. Significant Judgments Our contracts with customers may include promises to transfer multiple products and/or services to a customer. Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. For example, judgment is required to determine whether products sold in connection with the sale of installation services are considered distinct and accounted for separately, or not distinct and accounted for together with installation services and recognized over time. We provide customer rebate programs and incentive offerings, including special pricing and co-operative advertising arrangements, promotions and other volume-based incentives. These customer programs and incentives are considered variable consideration and recognized as a reduction of net sales. Up-front consideration provided to customers is capitalized as a component of other assets and amortized over the estimated life of the contractual arrangement. We include in revenue variable consideration only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the variable consideration is resolved. In general, this determination is made based upon known customer program and incentive offerings at the time of sale and expected sales volume forecasts as it relates to our volume-based incentives. This determination is updated each reporting period. Certain of our contracts include contingent consideration that is receivable only upon the final inspection and acceptance of a project. We include estimates of such variable consideration in our transaction price. Based on historical experience, we consider the probability-based expected value method appropriate to estimate the amount of such variable consideration. Our products are generally sold with a right of return, and we may provide other credits or incentives, which are accounted for as variable consideration when estimating the amount of revenue to recognize. Returns and credits are estimated at contract inception and updated at the end of each reporting period as additional information becomes available. We record a right of return liability to accrue for expected customer returns. Historical actual returns are used to estimate future returns as a percentage of current sales. Obligations for returns and refunds were not material individually or in the aggregate. We offer assurance type warranties on our products as well as separately sold warranty contracts. Revenue related to warranty contracts that are sold separately is recognized over the life of the warranty term. Warranty liabilities for our assurance type warranties are discussed further in Note 16, “Contingencies and Accrued Losses,” to the Consolidated Financial Statements. Contract Balances Timing of revenue recognition may differ from the timing of invoicing customers. Our contract assets are recorded for products and services that have been provided to our customer but have not yet been billed and are included in prepaid expenses and other current assets in our Consolidated Balance Sheets. Our short-term contract liabilities consist of advance payments, or deferred revenue, and are included in other accrued liabilities in our Consolidated Balance Sheets. Trade accounts receivable, net of allowances, and net contract assets consisted of the following: (In thousands, except percentages) February 29, 2024 May 31, 2023 $ Change % Change Trade accounts receivable, less allowances $ 1,072,032 $ 1,503,040 $ ( 431,008 ) ( 28.7 %) Contract assets $ 49,776 $ 49,188 $ 588 1.2 % Contract liabilities - short-term ( 38,090 ) ( 42,396 ) 4,306 ( 10.2 %) Net Contract Assets $ 11,686 $ 6,792 $ 4,894 The $ 4.9 million increase in our net contract assets from May 31, 2023 to February 29, 2024, resulted primarily due to the timing of construction jobs in progress at February 29, 2024 versus May 31, 2023. During the three- and nine-month periods ending February 29, 2024 we recognized $ 6.4 million and $ 34.9 million of revenue, which is included in contract liabilities as of May 31, 2023. During the three- and nine-month periods ending February 28, 2023 we recognized $ 4.4 million and $ 22.8 million of revenue, which is included in contract liabilities as of May 31, 2022. We also record long-term deferred revenue, which amounted to $ 80.5 million and $ 76.6 million as of February 29, 2024 and May 31, 2023, respectively. The long-term portion of deferred revenue is related to warranty contracts and is included in other long-term liabilities in our Consolidated Balance Sheets. We have elected to adopt the practical expedient to not disclose the aggregate amount of transaction price allocated to performance obligations that are unsatisfied as of the end of the reporting period for performance obligations that are part of a contract with an original expected duration of one year or less. We recognize an asset for the incremental costs of obtaining a contract with a customer if we expect the benefit of those costs to be longer than one year. As our contract terms are primarily one year or less in duration, we have elected to apply a practical expedient to expense costs as incurred for costs to obtain a contract with a customer when the amortization period would have been one year or less. These costs include our internal sales force compensation program and certain incentive programs as we have determined annual compensation is commensurate with annual sales activities. Allowance for Credit Losses Our primary allowance for credit losses is the allowance for doubtful accounts. The allowance for doubtful accounts reduces the trade accounts receivable balance to the estimated net realizable value equal to the amount that is expected to be collected. The allowance was based on assessments of current creditworthiness of customers, historical collection experience, the aging of receivables and other currently available evidence. Trade accounts receivable balances are written-off against the allowance if a final determination of uncollectibility is made. All provisions for allowances for doubtful collection of accounts are included in SG&A expenses. The following tables summarize the activity for the allowance for credit losses for the three and nine months ended February 29, 2024 and February 28, 2023: Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Beginning Balance $ 57,448 $ 48,041 $ 49,482 $ 46,669 Bad debt provision 3,608 1,950 14,197 9,473 Uncollectible accounts written off, net of recoveries ( 2,471 ) ( 2,667 ) ( 5,285 ) ( 7,573 ) Translation adjustments ( 208 ) ( 2 ) ( 17 ) ( 1,247 ) Ending Balance $ 58,377 $ 47,322 $ 58,377 $ 47,322

Segment Information

Segment Information	9 Months Ended
	Feb. 29, 2024
Segment Reporting [Abstract]
Segment Information	NOTE 18 — SEGMENT INFORMATION We operate a portfolio of businesses and product lines that manufacture and sell a variety of specialty paints, protective coatings, roofing systems, flooring solutions, sealants, cleaners and adhesives. We manage our portfolio by organizing our businesses and product lines into four reportable segments as outlined below, which also represent our operating segments. Within each operating segment, we manage product lines and businesses which generally address common markets, share similar economic characteristics, utilize similar technologies and can share manufacturing or distribution capabilities. Our four operating segments represent components of our business for which separate financial information is available that is utilized on a regular basis by our chief operating decision maker in determining how to allocate the assets of the company and evaluate performance. These four operating segments are each managed by an operating segment manager, who is responsible for the day-to-day operating decisions and performance evaluation of the operating segment’s underlying businesses. We evaluate the profit performance of our segments primarily based on income before income taxes, but also look to earnings (loss) before interest and taxes (“EBIT”), as a performance evaluation measure because interest (income) expense, net is essentially related to corporate functions, as opposed to segment operations. Effective June 1, 2023, certain Asia Pacific businesses and management structure, formerly of our CPG segment, were transferred to our PCG segment to create operating efficiencies and a more unified go-to-market strategy in Asia Pacific. As a result of this business realignment, $ 11.4 million of goodwill was transferred from the CPG segment to the PCG segment. Additionally, this realignment is reflected in our reportable segments beginning with our first quarter of fiscal 2024. As such, historical segment results have been recast to reflect the impact of this change. Our CPG reportable segment products are sold throughout North America and also account for a significant portion of our international sales. Our construction product lines are sold directly to contractors, distributors and end-users, such as industrial manufacturing facilities, public institutions and other commercial customers. Products and services within this reportable segment include construction sealants and adhesives, coatings and chemicals, roofing systems, concrete admixture and repair products, building envelope solutions, insulated cladding, flooring systems, and weatherproofing solutions. Our PCG reportable segment products are sold throughout North America, as well as internationally, and are sold directly to contractors, distributors and end-users, such as industrial manufacturing facilities, public institutions and other commercial customers. Products and services within this reportable segment include high-performance flooring solutions, corrosion control and fireproofing coatings, infrastructure repair systems and fiberglass reinforced plastic structures. Our Consumer reportable segment manufactures and markets professional use and do-it-yourself (“DIY”) products for a variety of mainly consumer applications, including home improvement and personal leisure activities. Our Consumer reportable segment’s major manufacturing and distribution operations are located primarily in North America, along with a few locations in Europe, Australia and South America. Our Consumer reportable segment products are primarily sold directly to mass merchandisers, home improvement centers, hardware stores, paint stores, craft shops and through distributors. The Consumer reportable segment offers products that include specialty, hobby and professional paints; caulks; adhesives; cleaners; sandpaper and other abrasives; silicone sealants and wood stains. Our SPG reportable segment products are sold throughout North America and internationally, primarily in Europe. Our specialty product lines are sold directly to contractors, distributors and end-users, such as industrial manufacturing facilities, public institutions and other commercial customers. The SPG reportable segment offers products that include industrial cleaners, restoration services equipment, colorants, nail enamels, exterior finishes, edible coatings and specialty glazes for pharmaceutical and food industries, and other specialty original equipment manufacturer (“OEM”) coatings. In addition to our four reportable segments, there is a category of certain business activities and expenses, referred to as corporate/other, that does not constitute an operating segment. This category includes our corporate headquarters and related administrative expenses, results of our captive insurance companies, gains or losses on the sales of certain assets and other expenses not directly associated with any reportable segment. Assets related to the corporate/other category consist primarily of investments, prepaid expenses and headquarters’ property and equipment. These corporate and other assets and expenses reconcile reportable segment data to total consolidated income before income taxes and identifiable assets. We reflect income from our joint ventures on the equity method and receive royalties from our licensees. The following tables present a disaggregation of revenues by geography, and the results of our reportable segments consistent with our management philosophy, by representing the information we utilize, in conjunction with various strategic, operational and other financial performance criteria, in evaluating the performance of our portfolio of businesses. Three Months Ended February 29, 2024 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 289,042 $ 202,857 $ 415,607 $ 149,908 $ 1,057,414 Foreign Canada 41,353 20,032 32,609 1,267 95,261 Europe 105,617 55,481 47,780 18,147 227,025 Latin America 59,741 10,321 6,447 582 77,091 Asia Pacific - 30,231 4,756 6,590 41,577 Other Foreign - 24,614 - - 24,614 Total Foreign 206,711 140,679 91,592 26,586 465,568 Total $ 495,753 $ 343,536 $ 507,199 $ 176,494 $ 1,522,982 Three Months Ended February 28, 2023 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 280,916 $ 189,913 $ 431,829 $ 163,056 $ 1,065,714 Foreign Canada 34,934 18,662 37,957 898 92,451 Europe 107,609 56,192 47,613 19,084 230,498 Latin America 51,728 9,047 6,666 455 67,896 Asia Pacific - 27,611 4,466 7,511 39,588 Other Foreign - 20,029 - - 20,029 Total Foreign 194,271 131,541 96,702 27,948 450,462 Total $ 475,187 $ 321,454 $ 528,531 $ 191,004 $ 1,516,176 Nine Months Ended February 29, 2024 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 1,194,335 $ 650,672 $ 1,435,713 $ 449,629 $ 3,730,349 Foreign Canada 190,695 69,579 118,551 3,698 382,523 Europe 360,488 177,603 166,292 59,528 763,911 Latin America 194,774 28,034 20,588 1,898 245,294 Asia Pacific - 93,415 14,346 19,674 127,435 Other Foreign - 77,602 - - 77,602 Total Foreign 745,957 446,233 319,777 84,798 1,596,765 Total $ 1,940,292 $ 1,096,905 $ 1,755,490 $ 534,427 $ 5,327,114 Nine Months Ended February 28, 2023 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 1,124,047 $ 628,320 $ 1,486,556 $ 515,078 $ 3,754,001 Foreign Canada 170,415 63,636 127,039 2,946 364,036 Europe 340,589 169,912 150,738 61,242 722,481 Latin America 158,992 29,168 20,217 1,195 209,572 Asia Pacific - 84,723 13,832 25,324 123,879 Other Foreign - 66,235 - - 66,235 Total Foreign 669,996 413,674 311,826 90,707 1,486,203 Total $ 1,794,043 $ 1,041,994 $ 1,798,382 $ 605,785 $ 5,240,204 Three Months Ended Nine Months Ended (In thousands) February 29, February 28, February 29, February 28, Income (Loss) Before Income Taxes 2024 2023 2024 2023 CPG Segment $ 15,060 $ 6,886 $ 253,910 $ 187,679 PCG Segment 47,039 ( 7,057 ) 153,362 89,053 Consumer Segment 65,159 68,146 295,054 278,708 SPG Segment 9,803 39,482 36,345 94,798 Corporate/Other ( 53,480 ) ( 64,970 ) ( 190,112 ) ( 207,495 ) Consolidated $ 83,581 $ 42,487 $ 548,559 $ 442,743 (In thousands) February 29, May 31, Identifiable Assets 2024 2023 CPG Segment $ 2,000,047 $ 2,206,403 PCG Segment 1,185,432 1,209,819 Consumer Segment 2,165,090 2,384,782 SPG Segment 756,591 804,762 Corporate/Other 275,244 176,238 Consolidated $ 6,382,404 $ 6,782,004

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	9 Months Ended
	Feb. 29, 2024
Accounting Changes and Error Corrections [Abstract]
Consolidation, Noncontrolling Interests and Basis of Presentation	CONSOLIDATION, NONCONTROLLING INTERESTS AND BASIS OF PRESENTATION The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with Generally Accepted Accounting Principles in the U.S. (“GAAP”) for interim financial information and the instructions to Form 10-Q. In our opinion, all adjustments (consisting of normal, recurring accruals) considered necessary for a fair presentation have been included for the three- and nine-month periods ended February 29, 2024, and February 28, 2023. For further information, refer to the Consolidated Financial Statements and Notes included in our Annual Report on Form 10-K for the year ended May 31, 2023. Our financial statements include all of our majority-owned subsidiaries. We account for our investments in less-than-majority-owned joint ventures, for which we have the ability to exercise significant influence, under the equity method. Effects of transactions between related companies are eliminated in consolidation. Noncontrolling interests are presented in our Consolidated Financial Statements as if parent company investors (controlling interests) and other minority investors (noncontrolling interests) in partially-owned subsidiaries have similar economic interests in a single entity. As a result, investments in noncontrolling interests are reported as equity in our Consolidated Financial Statements. Additionally, our Consolidated Financial Statements include 100 % of a controlled subsidiary’s earnings, rather than only our share. Transactions between the parent company and noncontrolling interests are reported in equity as transactions between stockholders, provided that these transactions do not create a change in control. Our business is dependent on external weather factors. Historically, we have experienced strong sales and net income in our first, second and fourth fiscal quarters comprising the three-month periods ending August 31, November 30, and May 31, respectively, with weaker performance in our third fiscal quarter (December through February).
New Pronouncements Adopted and Issued	NEW ACCOUNTING PRONOUNCEMENTS New Pronouncements Adopted We have not adopted any Accounting Standard Updates (“ASU”) during fiscal 2024 that have a material impact on our Consolidated Financial Statements. New Pronouncements Issued In December 2023, the Financial Accounting Standards Board ("FASB") issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures," which requires a public business entity to disclose specific categories in its annual effective tax rate reconciliation and disaggregated information about significant reconciling items by jurisdiction and by nature. The ASU also requires entities to disclose their income tax payments (net of refunds) to international, federal, and state and local jurisdictions. The guidance makes several other changes to income tax disclosure requirements. This guidance is effective for fiscal years beginning after December 15, 2024, and requires prospective application with the option to apply it retrospectively. Early adoption is permitted. We are currently evaluating this ASU to determine its impact on our disclosures. In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures," which expands disclosures about a public business entity's reportable segments and provides for more detailed information about a reportable segment's expenses. This guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, and requires retrospective application to all prior periods presented in the financial statements. Early adoption is permitted. We are currently evaluating this ASU to determine its impact on our disclosures.

Restructuring (Tables)

Restructuring (Tables)	9 Months Ended
	Feb. 29, 2024
Restructuring and Related Activities [Abstract]
Summary of Charges Recorded in Connection with Restructuring by Reportable Segment	Following is a summary of the charges recorded in connection with MAP 2025 by reportable segment for the three- and nine-month periods ending February 29, 2024, as well as the total expected costs related to projects identified to date: Three Months Nine Months Cumulative Total (In thousands) February 29, 2024 February 29, 2024 to Date Costs Construction Products Group ("CPG") Segment: Severance and benefit costs $ 4,034 $ 4,836 $ 10,928 $ 16,698 Facility closure and other related costs 163 163 163 16,435 Total Charges $ 4,197 $ 4,999 $ 11,091 $ 33,133 Performance Coatings Group ("PCG") Segment: Severance and benefit costs $ 579 $ 1,623 $ 2,771 $ 5,339 Facility closure and other related costs 2 125 125 1,557 Other restructuring costs (a) - 4,555 7,092 7,092 Total Charges $ 581 $ 6,303 $ 9,988 $ 13,988 Consumer Segment: Severance and benefit costs $ 817 $ 852 $ 1,359 $ 1,598 Facility closure and other related costs 18 32 653 693 Total Charges $ 835 $ 884 $ 2,012 $ 2,291 Specialty Products Group ("SPG") Segment: Severance and benefit costs $ 639 $ 1,774 $ 2,579 $ 3,562 Facility closure and other related costs 107 136 136 6,688 Total Charges $ 746 $ 1,910 $ 2,715 $ 10,250 Corporate/Other Segment: Severance and benefit (credits) $ - $ - $ ( 50 ) $ ( 50 ) Total Charges $ - $ - $ ( 50 ) $ ( 50 ) Consolidated: Severance and benefit costs $ 6,069 $ 9,085 $ 17,587 $ 27,147 Facility closure and other related costs 290 456 1,077 25,373 Other restructuring costs - 4,555 7,092 7,092 Total Charges $ 6,359 $ 14,096 $ 25,756 $ 59,612 (a) Of the $ 4.6 million of other restructuring costs incurred for the nine-month period ending February 29, 2024, $ 3.3 million is associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements. Following is a summary of the charges recorded in connection with MAP 2025 by reportable segment for the three- and nine-month periods ending February 28, 2023: Three Months Nine Months (In thousands) February 28, 2023 February 28, 2023 CPG Segment: Severance and benefit costs $ 324 $ 324 Total Charges $ 324 $ 324 PCG Segment: Severance and benefit costs $ 573 $ 573 Other restructuring costs (b) 2,537 2,537 Total Charges $ 3,110 $ 3,110 Consumer Segment: Severance and benefit costs $ 13 $ 13 Total Charges $ 13 $ 13 Consolidated: Severance and benefit costs $ 910 $ 910 Other restructuring costs 2,537 2,537 Total Charges $ 3,447 $ 3,447 (b) Other restructuring costs are associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements.
Summary of Activity in Restructuring Reserves	A summary of the activity in the restructuring reserves related to MAP 2025 is as follows: (in thousands) Severance and Facility Other Asset Total Balance at November 30, 2023 $ 2,805 $ - $ - $ 2,805 Additions charged to expense 6,069 290 - 6,359 Cash payments charged against reserve ( 1,863 ) ( 288 ) - ( 2,151 ) Non-cash charges and other adjustments ( 1 ) - - ( 1 ) Balance at February 29, 2024 $ 7,010 $ 2 $ - $ 7,012 (In thousands) Severance and Facility Other Asset Total Balance at June 1, 2023 $ 2,717 $ - $ - $ 2,717 Additions charged to expense 9,085 456 4,555 14,096 Cash payments charged against reserve ( 4,808 ) ( 454 ) - ( 5,262 ) Non-cash charges and other adjustments 16 - ( 4,555 ) ( 4,539 ) Balance at February 29, 2024 $ 7,010 $ 2 $ - $ 7,012

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Feb. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill, by Reportable Segment	The changes in the carrying amount of goodwill, by reportable segment, for the nine months ended February 29, 2024 and February 28, 2023, are as follows: CPG PCG Consumer SPG (In thousands) Segment Segment Segment Segment Total Balance as of May 31, 2023 $ 450,555 $ 161,732 $ 531,227 $ 150,074 $ 1,293,588 Acquisitions 11,993 - - - 11,993 Transfers ( 11,414 ) 11,414 - - - Translation adjustments & other 2,244 491 1,105 323 4,163 Balance as of February 29, 2024 $ 453,378 $ 173,637 $ 532,332 $ 150,397 $ 1,309,744 CPG PCG Consumer SPG (In thousands) Segment Segment Segment Segment Total Balance as of May 31, 2022 $ 453,651 $ 201,815 $ 515,597 $ 166,805 $ 1,337,868 Acquisitions 7,306 907 16,952 281 25,446 Divestitures - - - ( 15,723 ) ( 15,723 ) Impairments - ( 36,745 ) - - ( 36,745 ) Translation adjustments & other ( 14,452 ) ( 3,737 ) ( 3,364 ) ( 1,222 ) ( 22,775 ) Balance as of February 28, 2023 $ 446,505 $ 162,240 $ 529,185 $ 150,141 $ 1,288,071

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Feb. 29, 2024
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis and Categorized using Fair Value Hierarchy	The following tables present our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. (In thousands) Quoted Prices Significant Significant Fair Value at Available-for-sale debt securities: U.S. Treasury and other government $ - $ 27,231 $ - $ 27,231 Corporate bonds - 140 - 140 Total available-for-sale debt securities - 27,371 - 27,371 Marketable equity securities: Stocks – foreign 1,319 - - 1,319 Stocks – domestic 10,794 - - 10,794 Mutual funds – foreign - 45,225 - 45,225 Mutual funds – domestic - 88,215 - 88,215 Total marketable equity securities 12,113 133,440 - 145,553 Contingent consideration - - ( 2,281 ) ( 2,281 ) Total $ 12,113 $ 160,811 $ ( 2,281 ) $ 170,643 (In thousands) Quoted Prices Assets Significant Significant Fair Value at Available-for-sale debt securities: U.S. Treasury and other government $ - $ 27,021 $ - $ 27,021 Corporate bonds - 141 - 141 Total available-for-sale debt securities - 27,162 - 27,162 Marketable equity securities: Stocks – foreign 786 - - 786 Stocks – domestic 5,009 - - 5,009 Mutual funds – foreign - 40,074 - 40,074 Mutual funds – domestic - 75,284 - 75,284 Total marketable equity securities 5,795 115,358 - 121,153 Contingent consideration - - ( 2,686 ) ( 2,686 ) Total $ 5,795 $ 142,520 $ ( 2,686 ) $ 145,629
Fair Value and Carrying Value of Cash and Cash Equivalents and Long-Term Debt	Based on the analysis performed, the fair value and the carrying value of our cash and cash equivalents and long-term debt as of February 29, 2024 and May 31, 2023 are as follows: At February 29, 2024 (In thousands) Carrying Value Fair Value Cash and cash equivalents $ 248,905 $ 248,905 Long-term debt, including current portion 2,193,365 2,046,904 At May 31, 2023 (In thousands) Carrying Value Fair Value Cash and cash equivalents $ 215,787 $ 215,787 Long-term debt, including current portion 2,683,809 2,490,863

Investment (Income), Net (Table

Investment (Income), Net (Tables)	9 Months Ended
	Feb. 29, 2024
Other Income and Expenses [Abstract]
Investment (Income), Net	Investment (income), net, consists of the following components: Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Interest (income) $ ( 5,914 ) $ ( 2,266 ) $ ( 16,262 ) $ ( 6,805 ) Net (gain) loss on marketable securities ( 10,270 ) 429 ( 16,496 ) 3,241 Dividend (income) ( 2,481 ) ( 886 ) ( 3,635 ) ( 2,346 ) Investment (income), net $ ( 18,665 ) $ ( 2,723 ) $ ( 36,393 ) $ ( 5,910 )
Net (Gain) Loss on Marketable Securities	Net (Gain) Loss on Marketable Securities Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Unrealized (gains) losses on marketable equity securities $ ( 12,015 ) $ 946 $ ( 18,439 ) $ 3,704 Realized losses (gains) on marketable equity securities 1,742 ( 525 ) 1,874 ( 435 ) Realized losses (gains) on available-for-sale debt securities 3 8 69 ( 28 ) Net (gain) loss on marketable securities $ ( 10,270 ) $ 429 $ ( 16,496 ) $ 3,241

Other Expense, Net (Tables)

Other Expense, Net (Tables)	9 Months Ended
	Feb. 29, 2024
Other Income and Expenses [Abstract]
Schedule of Other Expense, Net	Other expense, net, consists of the following components: Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Pension non-service costs $ 2,793 $ 2,648 $ 8,359 $ 7,650 Other ( 191 ) ( 309 ) ( 386 ) ( 585 ) Other expense, net $ 2,602 $ 2,339 $ 7,973 $ 7,065

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Feb. 29, 2024
Inventory Disclosure [Abstract]
Major Classes of Inventories, Net of Reserves	Inventories, net of reserves, were composed of the following major classes: (In thousands) February 29, 2024 May 31, 2023 Raw material and supplies $ 390,708 $ 451,504 Finished goods 689,990 683,992 Total Inventory, Net of Reserves $ 1,080,698 $ 1,135,496

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss) (Tables)	9 Months Ended
	Feb. 29, 2024
Equity [Abstract]
Accumulated Other Comprehensive (Loss)	Accumulated other comprehensive (loss) consists of the following components: Pension And Other Foreign Postretirement Unrealized Unrealized Currency Benefit Gain Gain (Loss) Three Months Ended February 29, 2024 Translation Liability (Loss) On On (In thousands) Adjustments Adjustments Derivatives Securities Total Balance at November 30, 2023 $ ( 456,577 ) $ ( 142,154 ) $ 11,405 $ ( 2,364 ) $ ( 589,690 ) Current period comprehensive (loss) income ( 6,720 ) - - 211 ( 6,509 ) Income taxes associated with current period comprehensive (loss) income ( 872 ) - - ( 8 ) ( 880 ) Amounts reclassified from accumulated other comprehensive income (loss) - 4,391 - ( 7 ) 4,384 Income taxes reclassified into earnings - ( 1,035 ) - 1 ( 1,034 ) Balance at February 29, 2024 $ ( 464,169 ) $ ( 138,798 ) $ 11,405 $ ( 2,167 ) $ ( 593,729 ) Pension And Other Foreign Postretirement Unrealized Unrealized Currency Benefit Gain Gain (Loss) Three Months Ended February 28, 2023 Translation Liability (Loss) On On (In thousands) Adjustments Adjustments Derivatives Securities Total Balance at November 30, 2022 $ ( 465,218 ) $ ( 145,562 ) $ 11,960 $ ( 2,226 ) $ ( 601,046 ) Current period comprehensive (loss) income ( 7,006 ) - - ( 55 ) ( 7,061 ) Income taxes associated with current period comprehensive (loss) income 72 - - 198 270 Amounts reclassified from accumulated other comprehensive income (loss) - 4,738 ( 554 ) ( 37 ) 4,147 Income taxes reclassified into earnings - ( 1,132 ) - 1 ( 1,131 ) Balance at February 28, 2023 $ ( 472,152 ) $ ( 141,956 ) $ 11,406 $ ( 2,119 ) $ ( 604,821 ) Pension And Other Foreign Postretirement Unrealized Unrealized Currency Benefit Gain Gain (Loss) Nine Months Ended February 29, 2024 Translation Liability (Loss) On On (In thousands) Adjustments Adjustments Derivatives Securities Total Balance at June 1, 2023 $ ( 465,375 ) $ ( 148,764 ) $ 11,405 $ ( 2,201 ) $ ( 604,935 ) Current period comprehensive (loss) income 2,397 - - 289 2,686 Income taxes associated with current period comprehensive (loss) income ( 1,191 ) - - ( 70 ) ( 1,261 ) Amounts reclassified from accumulated other comprehensive income (loss) - 13,013 - ( 197 ) 12,816 Income taxes reclassified into earnings - ( 3,047 ) - 12 ( 3,035 ) Balance at February 29, 2024 $ ( 464,169 ) $ ( 138,798 ) $ 11,405 $ ( 2,167 ) $ ( 593,729 ) Pension And Other Foreign Postretirement Unrealized Unrealized Currency Benefit Gain Gain (Loss) Nine Months Ended February 28, 2023 Translation Liability (Loss) On On (In thousands) Adjustments Adjustments Derivatives Securities Total Balance at June 1, 2022 $ ( 395,473 ) $ ( 153,383 ) $ 13,171 $ ( 1,652 ) $ ( 537,337 ) Current period comprehensive (loss) income ( 78,942 ) - - ( 863 ) ( 79,805 ) Income taxes associated with current period comprehensive (loss) income 2,263 - - 409 2,672 Amounts reclassified from accumulated other comprehensive income (loss) - 15,064 ( 1,765 ) ( 9 ) 13,290 Income taxes reclassified into earnings - ( 3,637 ) - ( 4 ) ( 3,641 ) Balance at February 28, 2023 $ ( 472,152 ) $ ( 141,956 ) $ 11,406 $ ( 2,119 ) $ ( 604,821 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Feb. 29, 2024
Earnings Per Share [Abstract]
Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share	The following table sets forth the reconciliation of the numerator and denominator of basic and diluted earnings per share ("EPS") for the three- and nine-month periods ended February 29, 2024 and February 28, 2023. Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands, except per share amounts) 2024 2023 2024 2023 Numerator for earnings per share: Net income attributable to RPM International Inc. stockholders $ 61,199 $ 26,974 $ 407,786 $ 327,331 Less: Allocation of earnings and dividends to participating securities ( 279 ) ( 274 ) ( 1,840 ) ( 1,593 ) Net income available to common shareholders - basic 60,920 26,700 405,946 325,738 Reverse: Allocation of earnings and dividends to participating securities - - - 1,593 Add: Undistributed earnings reallocated to unvested shareholders - - 5 - Net income available to common shareholders - diluted $ 60,920 $ 26,700 $ 405,951 $ 327,331 Denominator for basic and diluted earnings per share: Basic weighted average common shares 127,781 127,495 127,803 127,564 Average diluted options and awards 553 540 512 1,225 Total shares for diluted earnings per share (1) 128,334 128,035 128,315 128,789 Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders: Basic Earnings Per Share of Common Stock $ 0.48 $ 0.21 $ 3.18 $ 2.55 Method used to calculate basic earnings per share Two-class Two-class Two-class Two-class Diluted Earnings Per Share of Common Stock $ 0.47 $ 0.21 $ 3.16 $ 2.54 Method used to calculate diluted earnings per share Two-class Two-class Two-class Treasury (1) For the three and nine months ended February 29, 2024, approximately 300,000 and 250,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive. For the three and nine months ended February 28, 2023, approximately 680,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive.

Pension Plans (Tables)

Pension Plans (Tables)	9 Months Ended
	Feb. 29, 2024
Retirement Benefits [Abstract]
Retirement-Related Benefit Plans' Impact on Income Before Income Taxes	The following tables provide the retirement-related benefit plans’ impact on income before income taxes for the three- and nine-month periods ended February 29, 2024 and February 28, 2023: U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended (In thousands) February 29, February 28, February 29, February 28, Pension Benefits 2024 2023 2024 2023 Service cost $ 10,913 $ 10,890 $ 887 $ 951 Interest cost 8,992 7,173 1,935 1,728 Expected return on plan assets ( 10,518 ) ( 9,536 ) ( 2,400 ) ( 1,727 ) Amortization of: Prior service cost (credit) 1 - ( 31 ) ( 27 ) Net actuarial losses recognized 4,205 4,487 209 125 Net Periodic Benefit Cost $ 13,593 $ 13,014 $ 600 $ 1,050 U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended (In thousands) February 29, February 28, February 29, February 28, Postretirement Benefits 2024 2023 2024 2023 Service cost $ - $ - $ 569 $ 287 Interest cost 22 21 390 368 Amortization of: Prior service (credit) - ( 30 ) - - Net actuarial (gains) losses recognized ( 4 ) 11 ( 12 ) ( 14 ) Net Periodic Benefit Cost $ 18 $ 2 $ 947 $ 641 U.S. Plans Non-U.S. Plans Nine Months Ended Nine Months Ended (In thousands) February 29, February 28, February 29, February 28, Pension Benefits 2024 2023 2024 2023 Service cost $ 32,739 $ 32,670 $ 2,661 $ 2,853 Interest cost 26,976 21,519 5,805 5,184 Expected return on plan assets ( 31,554 ) ( 28,608 ) ( 7,200 ) ( 5,181 ) Amortization of: Prior service cost (credit) 3 - ( 93 ) ( 81 ) Net actuarial losses recognized 12,615 13,461 627 375 Net Periodic Benefit Cost $ 40,779 $ 39,042 $ 1,800 $ 3,150 U.S. Plans Non-U.S. Plans Nine Months Ended Nine Months Ended (In thousands) February 29, February 28, February 29, February 28, Postretirement Benefits 2024 2023 2024 2023 Service cost $ - $ - $ 1,707 $ 861 Interest cost 66 63 1,170 1,104 Amortization of: Prior service (credit) - ( 90 ) - - Net actuarial (gains) losses recognized ( 12 ) 33 ( 36 ) ( 42 ) Net Periodic Benefit Cost $ 54 $ 6 $ 2,841 $ 1,923

Contingencies and Accrued Los_2

Contingencies and Accrued Losses (Tables)	9 Months Ended
	Feb. 29, 2024
Commitments and Contingencies Disclosure [Abstract]
Changes in Accrued Warranty Balances	The following table includes the changes in our accrued warranty balances: Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Beginning Balance $ 12,651 $ 11,509 $ 11,776 $ 10,905 Deductions (1) ( 7,479 ) ( 5,620 ) ( 24,863 ) ( 20,124 ) Provision charged to expense 7,297 5,558 25,556 20,666 Ending Balance $ 12,469 $ 11,447 $ 12,469 $ 11,447 (1) Primarily claims paid during the period.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Feb. 29, 2024
Revenue from Contract with Customer [Abstract]
Trade Accounts Receivable Net of Allowances and Net Contract Assets	Trade accounts receivable, net of allowances, and net contract assets consisted of the following: (In thousands, except percentages) February 29, 2024 May 31, 2023 $ Change % Change Trade accounts receivable, less allowances $ 1,072,032 $ 1,503,040 $ ( 431,008 ) ( 28.7 %) Contract assets $ 49,776 $ 49,188 $ 588 1.2 % Contract liabilities - short-term ( 38,090 ) ( 42,396 ) 4,306 ( 10.2 %) Net Contract Assets $ 11,686 $ 6,792 $ 4,894
Summary of Activity for Allowance for Credit Losses	The following tables summarize the activity for the allowance for credit losses for the three and nine months ended February 29, 2024 and February 28, 2023: Three Months Ended Nine Months Ended February 29, February 28, February 29, February 28, (In thousands) 2024 2023 2024 2023 Beginning Balance $ 57,448 $ 48,041 $ 49,482 $ 46,669 Bad debt provision 3,608 1,950 14,197 9,473 Uncollectible accounts written off, net of recoveries ( 2,471 ) ( 2,667 ) ( 5,285 ) ( 7,573 ) Translation adjustments ( 208 ) ( 2 ) ( 17 ) ( 1,247 ) Ending Balance $ 58,377 $ 47,322 $ 58,377 $ 47,322

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Feb. 29, 2024
Segment Reporting [Abstract]
Summary of Disaggregation of Revenues by Geography and Results of Reportable Segments	The following tables present a disaggregation of revenues by geography, and the results of our reportable segments consistent with our management philosophy, by representing the information we utilize, in conjunction with various strategic, operational and other financial performance criteria, in evaluating the performance of our portfolio of businesses. Three Months Ended February 29, 2024 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 289,042 $ 202,857 $ 415,607 $ 149,908 $ 1,057,414 Foreign Canada 41,353 20,032 32,609 1,267 95,261 Europe 105,617 55,481 47,780 18,147 227,025 Latin America 59,741 10,321 6,447 582 77,091 Asia Pacific - 30,231 4,756 6,590 41,577 Other Foreign - 24,614 - - 24,614 Total Foreign 206,711 140,679 91,592 26,586 465,568 Total $ 495,753 $ 343,536 $ 507,199 $ 176,494 $ 1,522,982 Three Months Ended February 28, 2023 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 280,916 $ 189,913 $ 431,829 $ 163,056 $ 1,065,714 Foreign Canada 34,934 18,662 37,957 898 92,451 Europe 107,609 56,192 47,613 19,084 230,498 Latin America 51,728 9,047 6,666 455 67,896 Asia Pacific - 27,611 4,466 7,511 39,588 Other Foreign - 20,029 - - 20,029 Total Foreign 194,271 131,541 96,702 27,948 450,462 Total $ 475,187 $ 321,454 $ 528,531 $ 191,004 $ 1,516,176 Nine Months Ended February 29, 2024 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 1,194,335 $ 650,672 $ 1,435,713 $ 449,629 $ 3,730,349 Foreign Canada 190,695 69,579 118,551 3,698 382,523 Europe 360,488 177,603 166,292 59,528 763,911 Latin America 194,774 28,034 20,588 1,898 245,294 Asia Pacific - 93,415 14,346 19,674 127,435 Other Foreign - 77,602 - - 77,602 Total Foreign 745,957 446,233 319,777 84,798 1,596,765 Total $ 1,940,292 $ 1,096,905 $ 1,755,490 $ 534,427 $ 5,327,114 Nine Months Ended February 28, 2023 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 1,124,047 $ 628,320 $ 1,486,556 $ 515,078 $ 3,754,001 Foreign Canada 170,415 63,636 127,039 2,946 364,036 Europe 340,589 169,912 150,738 61,242 722,481 Latin America 158,992 29,168 20,217 1,195 209,572 Asia Pacific - 84,723 13,832 25,324 123,879 Other Foreign - 66,235 - - 66,235 Total Foreign 669,996 413,674 311,826 90,707 1,486,203 Total $ 1,794,043 $ 1,041,994 $ 1,798,382 $ 605,785 $ 5,240,204 Three Months Ended Nine Months Ended (In thousands) February 29, February 28, February 29, February 28, Income (Loss) Before Income Taxes 2024 2023 2024 2023 CPG Segment $ 15,060 $ 6,886 $ 253,910 $ 187,679 PCG Segment 47,039 ( 7,057 ) 153,362 89,053 Consumer Segment 65,159 68,146 295,054 278,708 SPG Segment 9,803 39,482 36,345 94,798 Corporate/Other ( 53,480 ) ( 64,970 ) ( 190,112 ) ( 207,495 ) Consolidated $ 83,581 $ 42,487 $ 548,559 $ 442,743 (In thousands) February 29, May 31, Identifiable Assets 2024 2023 CPG Segment $ 2,000,047 $ 2,206,403 PCG Segment 1,185,432 1,209,819 Consumer Segment 2,165,090 2,384,782 SPG Segment 756,591 804,762 Corporate/Other 275,244 176,238 Consolidated $ 6,382,404 $ 6,782,004

Consolidation, Noncontrolling_2

Consolidation, Noncontrolling Interests and Basis of Presentation - Additional Information (Detail)	Feb. 29, 2024
Accounting Policies [Abstract]
Percentage of controlled subsidiary's earnings	100%

Restructuring - Additional Info

Restructuring - Additional Information (Detail) - USD ($)	3 Months Ended					9 Months Ended
	Feb. 29, 2024		Aug. 31, 2023	Feb. 28, 2023		Feb. 29, 2024		Feb. 28, 2023
Restructuring Cost And Reserve [Line Items]
Loss on sale of Bridgecare services division				$ 24,700,000
Additions charged to expense	$ 6,359,000			4,154,000		$ 14,096,000		$ 6,780,000
MAP to Growth
Restructuring Cost And Reserve [Line Items]
Restructuring costs	$ 0			$ 700,000		$ 0		$ 3,300,000
Restructuring, Incurred Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Additions charged to expense			Additions charged to expense		Additions charged to expense		Additions charged to expense
MAP 2025
Restructuring Cost And Reserve [Line Items]
Total expected costs increased, amount						$ 8,400,000
Additions charged to expense	$ 6,359,000			$ 3,447,000		14,096,000		$ 3,447,000
MAP 2025 | Performance Coatings Segment
Restructuring Cost And Reserve [Line Items]
Additions charged to expense	581,000			3,110,000		6,303,000		3,110,000
MAP 2025 | Severance and benefit charges
Restructuring Cost And Reserve [Line Items]
Total expected costs increased, amount						4,900,000
Additions charged to expense	6,069,000			910,000		9,085,000		910,000
MAP 2025 | Severance and benefit charges | Performance Coatings Segment
Restructuring Cost And Reserve [Line Items]
Additions charged to expense	579,000			573,000		1,623,000		573,000
MAP 2025 | Facility Closure and Other Related Costs
Restructuring Cost And Reserve [Line Items]
Total expected costs increased, amount						3,500,000
Additions charged to expense	290,000					456,000
MAP 2025 | Facility Closure and Other Related Costs | Performance Coatings Segment
Restructuring Cost And Reserve [Line Items]
Additions charged to expense	2,000					125,000
MAP 2025 | Other Restructuring Costs
Restructuring Cost And Reserve [Line Items]
Additions charged to expense	0			2,537,000		4,555,000		2,537,000
MAP 2025 | Other Restructuring Costs | Performance Coatings Segment
Restructuring Cost And Reserve [Line Items]
Additions charged to expense	$ 0	[1]		$ 2,537,000	[2]	4,555,000	[1]	$ 2,537,000	[2]
MAP 2025 | Other Restructuring Costs | Performance Coatings Segment | Trade name
Restructuring Cost And Reserve [Line Items]
Impairment of indefinite-lived assets						$ 3,300,000
USL Restructuring | Universal Sealants
Restructuring Cost And Reserve [Line Items]
Loss on sale of Bridgecare services division			$ 4,500,000
[1] Of the $ 4.6 million of other restructuring costs incurred for the nine-month period ending February 29, 2024, $ 3.3 million is associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements. Other restructuring costs are associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements.

Restructuring - Summary of Char

Restructuring - Summary of Charges Recorded in Connection with Restructuring by Reportable Segment (Details) - USD ($) $ in Thousands		3 Months Ended				9 Months Ended
		Feb. 29, 2024		Feb. 28, 2023		Feb. 29, 2024		Feb. 28, 2023
Restructuring Cost and Reserve [Line Items]
Current Year Charges		$ 6,359		$ 4,154		$ 14,096		$ 6,780
MAP 2025
Restructuring Cost and Reserve [Line Items]
Current Year Charges		6,359		3,447		14,096		3,447
Cumulative Costs to Date		25,756				25,756
Total Expected Costs		59,612				59,612
MAP 2025 | Severance and benefit costs (credits)
Restructuring Cost and Reserve [Line Items]
Current Year Charges		6,069		910		9,085		910
Cumulative Costs to Date		17,587				17,587
Total Expected Costs		27,147				27,147
MAP 2025 | Facility Closure and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Current Year Charges		290				456
Cumulative Costs to Date		1,077				1,077
Total Expected Costs		25,373				25,373
MAP 2025 | Other Restructuring Costs
Restructuring Cost and Reserve [Line Items]
Current Year Charges		0		2,537		4,555		2,537
Cumulative Costs to Date		7,092				7,092
Total Expected Costs		7,092				7,092
MAP 2025 | Construction Products Segment
Restructuring Cost and Reserve [Line Items]
Current Year Charges		4,197		324		4,999		324
Cumulative Costs to Date		11,091				11,091
Total Expected Costs		33,133				33,133
MAP 2025 | Construction Products Segment | Severance and benefit costs (credits)
Restructuring Cost and Reserve [Line Items]
Current Year Charges		4,034		324		4,836		324
Cumulative Costs to Date		10,928				10,928
Total Expected Costs		16,698				16,698
MAP 2025 | Construction Products Segment | Facility Closure and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Current Year Charges		163				163
Cumulative Costs to Date		163				163
Total Expected Costs		16,435				16,435
MAP 2025 | Performance Coatings Segment
Restructuring Cost and Reserve [Line Items]
Current Year Charges		581		3,110		6,303		3,110
Cumulative Costs to Date		9,988				9,988
Total Expected Costs		13,988				13,988
MAP 2025 | Performance Coatings Segment | Severance and benefit costs (credits)
Restructuring Cost and Reserve [Line Items]
Current Year Charges		579		573		1,623		573
Cumulative Costs to Date		2,771				2,771
Total Expected Costs		5,339				5,339
MAP 2025 | Performance Coatings Segment | Facility Closure and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Current Year Charges		2				125
Cumulative Costs to Date		125				125
Total Expected Costs		1,557				1,557
MAP 2025 | Performance Coatings Segment | Other Restructuring Costs
Restructuring Cost and Reserve [Line Items]
Current Year Charges		0	[1]	2,537	[2]	4,555	[1]	2,537	[2]
Cumulative Costs to Date	[1]	7,092				7,092
Total Expected Costs	[1]	7,092				7,092
MAP 2025 | Consumer Segment
Restructuring Cost and Reserve [Line Items]
Current Year Charges		835		13		884		13
Cumulative Costs to Date		2,012				2,012
Total Expected Costs		2,291				2,291
MAP 2025 | Consumer Segment | Severance and benefit costs (credits)
Restructuring Cost and Reserve [Line Items]
Current Year Charges		817		$ 13		852		$ 13
Cumulative Costs to Date		1,359				1,359
Total Expected Costs		1,598				1,598
MAP 2025 | Consumer Segment | Facility Closure and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Current Year Charges		18				32
Cumulative Costs to Date		653				653
Total Expected Costs		693				693
MAP 2025 | Specialty Products Group Segment
Restructuring Cost and Reserve [Line Items]
Current Year Charges		746				1,910
Cumulative Costs to Date		2,715				2,715
Total Expected Costs		10,250				10,250
MAP 2025 | Specialty Products Group Segment | Severance and benefit costs (credits)
Restructuring Cost and Reserve [Line Items]
Current Year Charges		639				1,774
Cumulative Costs to Date		2,579				2,579
Total Expected Costs		3,562				3,562
MAP 2025 | Specialty Products Group Segment | Facility Closure and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Current Year Charges		107				136
Cumulative Costs to Date		136				136
Total Expected Costs		6,688				6,688
MAP 2025 | Corporate/Other Segment
Restructuring Cost and Reserve [Line Items]
Current Year Charges		0				0
Cumulative Costs to Date		(50)				(50)
Total Expected Costs		(50)				(50)
MAP 2025 | Corporate/Other Segment | Severance and benefit costs (credits)
Restructuring Cost and Reserve [Line Items]
Current Year Charges		0				0
Cumulative Costs to Date		(50)				(50)
Total Expected Costs		$ (50)				$ (50)
[1] Of the $ 4.6 million of other restructuring costs incurred for the nine-month period ending February 29, 2024, $ 3.3 million is associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements. Other restructuring costs are associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements.

Restructuring - Summary of Ch_2

Restructuring - Summary of Charges Recorded in Connection with Restructuring by Reportable Segment (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Feb. 29, 2024		Feb. 28, 2023		Feb. 29, 2024		Feb. 28, 2023
Restructuring Cost and Reserve [Line Items]
Current Year Charges	$ 6,359		$ 4,154		$ 14,096		$ 6,780
MAP 2025
Restructuring Cost and Reserve [Line Items]
Current Year Charges	6,359		3,447		14,096		3,447
MAP 2025 | Other Restructuring Costs
Restructuring Cost and Reserve [Line Items]
Current Year Charges	0		2,537		4,555		2,537
MAP 2025 | Performance Coatings Segment
Restructuring Cost and Reserve [Line Items]
Current Year Charges	581		3,110		6,303		3,110
MAP 2025 | Performance Coatings Segment | Other Restructuring Costs
Restructuring Cost and Reserve [Line Items]
Current Year Charges	$ 0	[1]	$ 2,537	[2]	4,555	[1]	$ 2,537	[2]
MAP 2025 | Performance Coatings Segment | Trade name | Other Restructuring Costs
Restructuring Cost and Reserve [Line Items]
Impairment of indefinite-lived assets					$ 3,300
[1] Of the $ 4.6 million of other restructuring costs incurred for the nine-month period ending February 29, 2024, $ 3.3 million is associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements. Other restructuring costs are associated with the impairment of an indefinite-lived tradename as described below in Note 4, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements.

Restructuring - Summary of Acti

Restructuring - Summary of Activity in Restructuring Reserves (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Restructuring Cost and Reserve [Line Items]
Additions charged to expense	$ 6,359	$ 4,154	$ 14,096	$ 6,780
MAP 2025
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	2,805		2,717
Additions charged to expense	6,359	3,447	14,096	3,447
Cash payments charged against reserve	(2,151)		(5,262)
Non-cash charges and other adjustments	(1)		(4,539)
Restructuring Reserve, Ending Balance	7,012		7,012
MAP 2025 | Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	2,805		2,717
Additions charged to expense	6,069	910	9,085	910
Cash payments charged against reserve	(1,863)		(4,808)
Non-cash charges and other adjustments	(1)		16
Restructuring Reserve, Ending Balance	7,010		7,010
MAP 2025 | Facility Closure and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	0		0
Additions charged to expense	290		456
Cash payments charged against reserve	(288)		(454)
Non-cash charges and other adjustments	0		0
Restructuring Reserve, Ending Balance	2		2
MAP 2025 | Other Asset Write-Offs
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	0		0
Additions charged to expense	0	$ 2,537	4,555	$ 2,537
Cash payments charged against reserve	0		0
Non-cash charges and other adjustments	0		(4,555)
Restructuring Reserve, Ending Balance	$ 0		$ 0

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Changes in Carrying Amount of Goodwill, by Reportable Segment (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Jun. 01, 2023	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Goodwill [Line Items]
Goodwill beginning balance	$ 1,293,588			$ 1,293,588	$ 1,337,868
Acquisitions				11,993	25,446
Divestitures					(15,723)
Impairments		$ 0	$ (36,745)	0	(36,745)
Translation adjustments & other				4,163	(22,775)
Goodwill ending balance		1,309,744	1,288,071	1,309,744	1,288,071
CPG Segment
Goodwill [Line Items]
Goodwill beginning balance	450,555			450,555	453,651
Acquisitions				11,993	7,306
Transfers				(11,414)
Translation adjustments & other				2,244	(14,452)
Goodwill ending balance		453,378	446,505	453,378	446,505
PCG Segment
Goodwill [Line Items]
Goodwill beginning balance	161,732			161,732	201,815
Acquisitions					907
Transfers	11,400			11,414
Impairments			(36,700)		(36,745)
Translation adjustments & other				491	(3,737)
Goodwill ending balance		173,637	162,240	173,637	162,240
Consumer Segment
Goodwill [Line Items]
Goodwill beginning balance	531,227			531,227	515,597
Acquisitions					16,952
Translation adjustments & other				1,105	(3,364)
Goodwill ending balance		532,332	529,185	532,332	529,185
SPG Segments
Goodwill [Line Items]
Goodwill beginning balance	$ 150,074			150,074	166,805
Acquisitions					281
Divestitures					(15,723)
Translation adjustments & other				323	(1,222)
Goodwill ending balance		$ 150,397	$ 150,141	$ 150,397	$ 150,141

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Additional Information (Details) - USD ($)		3 Months Ended			9 Months Ended
	Jun. 01, 2023	Feb. 29, 2024	Aug. 31, 2023	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023	May 31, 2023	May 31, 2022
Goodwill And Intangible Assets [Line Items]
Accumulated goodwill impairment losses		$ 193,000,000		$ 193,000,000	$ 193,000,000	$ 193,000,000
Goodwill impairment losses		0		36,745,000	0	36,745,000
Loss on sale of Bridgecare services division				24,700,000
Goodwill		1,309,744,000		1,288,071,000	1,309,744,000	1,288,071,000	$ 1,293,588,000	$ 1,337,868,000
Impairment of our long-lived assets				0		0
Universal Sealants
Goodwill And Intangible Assets [Line Items]
Goodwill impairment losses				36,700,000		36,700,000
Impairments for definite-lived long-lived assets						0
Goodwill				1,100,000		1,100,000
Universal Sealants | Trade names
Goodwill And Intangible Assets [Line Items]
Impairment of indefinite-lived assets				2,500,000		2,500,000
Universal Sealants | USL Restructuring
Goodwill And Intangible Assets [Line Items]
Loss on sale of Bridgecare services division			$ 4,500,000
SPG Segments
Goodwill And Intangible Assets [Line Items]
Accumulated goodwill impairment losses		141,400,000			141,400,000
Goodwill		150,397,000		150,141,000	150,397,000	150,141,000	150,074,000	166,805,000
CPG Segment
Goodwill And Intangible Assets [Line Items]
Accumulated goodwill impairment losses		14,900,000			14,900,000
Goodwill transferred					(11,414,000)
Goodwill		453,378,000		446,505,000	453,378,000	446,505,000	450,555,000	453,651,000
PCG Segment
Goodwill And Intangible Assets [Line Items]
Accumulated goodwill impairment losses		36,700,000			36,700,000
Goodwill transferred	$ 11,400,000				11,414,000
Goodwill impairment losses				36,700,000		36,745,000
Goodwill		$ 173,637,000		$ 162,240,000	$ 173,637,000	$ 162,240,000	$ 161,732,000	$ 201,815,000
PCG Segment | Trade names | Other Restructuring Costs
Goodwill And Intangible Assets [Line Items]
Impairment of indefinite-lived assets			$ 3,300,000
PCG Segment | Universal Sealants
Goodwill And Intangible Assets [Line Items]
Percentage of annual revenue				30%

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis and Categorized using Fair Value Hierarchy (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Feb. 29, 2024	May 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale debt securities	$ 27,371	$ 27,162
Total marketable equity securities	145,553	121,153
Assets (liabilities) at fair value	170,643	145,629
U.S. Treasury and other government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale debt securities	27,231	27,021
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale debt securities	140	141
Stocks | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	1,319	786
Stocks | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	10,794	5,009
Mutual funds | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	45,225	40,074
Mutual funds | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	88,215	75,284
Contingent consideration liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	(2,281)	(2,686)
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	12,113	5,795
Assets (liabilities) at fair value	12,113	5,795
Quoted Prices in Active Markets for Identical Assets (Level 1) | Stocks | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	1,319	786
Quoted Prices in Active Markets for Identical Assets (Level 1) | Stocks | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	10,794	5,009
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale debt securities	27,371	27,162
Total marketable equity securities	133,440	115,358
Assets (liabilities) at fair value	160,811	142,520
Significant Other Observable Inputs (Level 2) | U.S. Treasury and other government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale debt securities	27,231	27,021
Significant Other Observable Inputs (Level 2) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale debt securities	140	141
Significant Other Observable Inputs (Level 2) | Mutual funds | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	45,225	40,074
Significant Other Observable Inputs (Level 2) | Mutual funds | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	88,215	75,284
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets (liabilities) at fair value	(2,281)	(2,686)
Significant Unobservable Inputs (Level 3) | Contingent consideration liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ (2,281)	$ (2,686)

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023
Fair Value Disclosures [Abstract]
Settlements of contingent consideration obligations	$ 1.1	$ 10.4
Increase in accrual related to acquisitions		$ 2.1

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value and Carrying Value of Cash and Cash Equivalents and Long-Term Debt (Detail) - USD ($) $ in Thousands	Feb. 29, 2024	May 31, 2023
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 248,905	$ 215,787
Long-term debt, including current portion	2,193,365	2,683,809
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	248,905	215,787
Long-term debt, including current portion	$ 2,046,904	$ 2,490,863

Investment (Income), Net - Inve

Investment (Income), Net - Investment (Income), Net (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Investment Income, Net [Abstract]
Interest (income)	$ (5,914)	$ (2,266)	$ (16,262)	$ (6,805)
Net (gain) loss on marketable securities	(10,270)	429	(16,496)	3,241
Dividend (income)	(2,481)	(886)	(3,635)	(2,346)
Investment (income), net	$ (18,665)	$ (2,723)	$ (36,393)	$ (5,910)

Investment (Income), Net - Net

Investment (Income), Net - Net (Gain) Loss on Marketable Securities (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Net (Gain) Loss on Marketable Securities
Unrealized (gains) losses on marketable equity securities	$ (12,015)	$ 946	$ (18,439)	$ 3,704
Realized losses (gains) on marketable equity securities	1,742	(525)	1,874	(435)
Realized losses (gains) on available-for-sale debt securities	3	8	69	(28)
Net (gain) loss on marketable securities	$ (10,270)	$ 429	$ (16,496)	$ 3,241

(Gain) on Sales of Assets and_2

(Gain) on Sales of Assets and Business, Net - Additional Information (Detail) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
	Jan. 20, 2023	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Sale Leaseback Transaction [Line Items]
Net gain sales of assets		$ 25,700	$ (2,576)	$ 25,881
Divestiture of businesses	$ 49,200
Gain on divestiture		$ 24,700

Other Expense, Net - Schedule o

Other Expense, Net - Schedule of Other Expense, Net (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Other Income and Expenses [Abstract]
Pension non-service costs	$ 2,793	$ 2,648	$ 8,359	$ 7,650
Other	(191)	(309)	(386)	(585)
Other expense, net	$ 2,602	$ 2,339	$ 7,973	$ 7,065

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Income Tax Disclosure [Abstract]
Effective income tax expense rate	26.40%	35.90%	25.50%	25.90%
Corporate income tax rate	21%	21%	21%	21%
Deferred income tax liability	$ 7,300,000		$ 7,300,000
Unremitted foreign earnings	298,000,000		298,000,000
Provision for deferred income taxes	$ 0		$ 0

Inventories - Major Classes of

Inventories - Major Classes of Inventories, Net of Reserves (Detail) - USD ($) $ in Thousands	Feb. 29, 2024	May 31, 2023
Inventory Disclosure [Abstract]
Raw material and supplies	$ 390,708	$ 451,504
Finished goods	689,990	683,992
Total Inventory, Net of Reserves	$ 1,080,698	$ 1,135,496

Borrowings - Additional Informa

Borrowings - Additional Information (Detail) - Term Loan - USD ($) $ in Millions		9 Months Ended
	Dec. 27, 2023	Feb. 29, 2024
Debt Instrument [Line Items]
Repayment of aggregate principal amount outstanding	$ 250
Term loan, maturity date		Aug. 01, 2025

Stock Repurchase Program - Addi

Stock Repurchase Program - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended					9 Months Ended
	Jan. 31, 2021	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023	Feb. 28, 2023	Aug. 31, 2022	Feb. 29, 2024	Feb. 28, 2023	May 31, 2021
Stock Repurchase Programs [Line Items]
Authorization of stock repurchase program							Jan. 08, 2008
Capital to be returned to stockholders through share repurchases									$ 1,000,000
Stock repurchase program, remaining authorized repurchase, value	$ 469,700	$ 279,800					$ 279,800		$ 600,000
Stock repurchase program expiration date	May 31, 2021
Shares repurchased		114,588			143,096		368,871	446,175
Shares repurchased, value		$ 12,488	$ 12,500	$ 12,500	$ 12,500	$ 25,000	$ 37,500	$ 37,500
Repurchase of common stock price per shares		$ 108.98			$ 87.35		$ 101.63	$ 84.05

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ 2,362,554	$ 2,092,085	$ 2,143,000	$ 1,983,828
Ending Balance	2,348,213	2,054,982	2,348,213	2,054,982
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(456,577)	(465,218)	(465,375)	(395,473)
Current period comprehensive (loss) income	(6,720)	(7,006)	2,397	(78,942)
Income taxes associated with current period comprehensive income (loss)	(872)	72	(1,191)	2,263
Ending Balance	(464,169)	(472,152)	(464,169)	(472,152)
Pension And Other Postretirement Benefit Liability Adjustments, Net of Tax
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(142,154)	(145,562)	(148,764)	(153,383)
Amounts reclassified from accumulated other comprehensive income (loss)	4,391	4,738	13,013	15,064
Income taxes reclassified into earnings	(1,035)	(1,132)	(3,047)	(3,637)
Ending Balance	(138,798)	(141,956)	(138,798)	(141,956)
Unrealized Gain (Loss) On Derivatives, Net of Tax
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	11,405	11,960	11,405	13,171
Amounts reclassified from accumulated other comprehensive income (loss)		(554)		(1,765)
Ending Balance	11,405	11,406	11,405	11,406
Unrealized Gain (Loss) On Securities, Net of Tax
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(2,364)	(2,226)	(2,201)	(1,652)
Current period comprehensive (loss) income	211	(55)	289	(863)
Income taxes associated with current period comprehensive income (loss)	(8)	198	(70)	409
Amounts reclassified from accumulated other comprehensive income (loss)	(7)	(37)	(197)	(9)
Income taxes reclassified into earnings	1	1	12	(4)
Ending Balance	(2,167)	(2,119)	(2,167)	(2,119)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(589,690)	(601,046)	(604,935)	(537,337)
Current period comprehensive (loss) income	(6,509)	(7,061)	2,686	(79,805)
Income taxes associated with current period comprehensive income (loss)	(880)	270	(1,261)	2,672
Amounts reclassified from accumulated other comprehensive income (loss)	4,384	4,147	12,816	13,290
Income taxes reclassified into earnings	(1,034)	(1,131)	(3,035)	(3,641)
Ending Balance	$ (593,729)	$ (604,821)	$ (593,729)	$ (604,821)

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Numerator for earnings per share:
Net income attributable to RPM International Inc. stockholders		$ 61,199	$ 26,974	$ 407,786	$ 327,331
Less: Allocation of earnings and dividends to participating securities		(279)	(274)	(1,840)	(1,593)
Net income available to common shareholders - basic		60,920	26,700	405,946	325,738
Reverse: Allocation of earnings and dividends to participating securities		0	0	0	1,593
Add: Undistributed earnings reallocated to unvested shareholders		0	0	5	0
Net income available to common shareholders - diluted		$ 60,920	$ 26,700	$ 405,951	$ 327,331
Denominator for basic and diluted earnings per share:
Basic weighted average common shares		127,781	127,495	127,803	127,564
Average diluted options and awards		553	540	512	1,225
Total shares for diluted earnings per share	[1]	128,334	128,035	128,315	128,789
Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders:
Basic Earnings Per Share of Common Stock		$ 0.48	$ 0.21	$ 3.18	$ 2.55
Method used to calculate basic earnings per share		Two-class	Two-class	Two-class	Two-class
Diluted Earnings Per Share of Common Stock		$ 0.47	$ 0.21	$ 3.16	$ 2.54
Method used to calculate diluted earnings per share		Two-class	Two-class	Two-class	Treasury
[1] For the three and nine months ended February 29, 2024, approximately 300,000 and 250,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive. For the three and nine months ended February 28, 2023, approximately 680,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive.

Earnings Per Share - Reconcil_2

Earnings Per Share - Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share (Parenthetical) (Detail) - shares	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Stock-Based Compensation Plans
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted earnings per share	300,000	680,000	250,000	680,000

Pension Plans - Retirement-Rela

Pension Plans - Retirement-Related Benefit Plans' Impact on Income Before Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Pension Benefits | U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 10,913	$ 10,890	$ 32,739	$ 32,670
Interest cost	8,992	7,173	26,976	21,519
Expected return on plan assets	(10,518)	(9,536)	(31,554)	(28,608)
Prior service cost (credit)	1		3
Net actuarial (gains) losses recognized	4,205	4,487	12,615	13,461
Net Periodic Benefit Cost	13,593	13,014	40,779	39,042
Pension Benefits | Non-U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	887	951	2,661	2,853
Interest cost	1,935	1,728	5,805	5,184
Expected return on plan assets	(2,400)	(1,727)	(7,200)	(5,181)
Prior service cost (credit)	(31)	(27)	(93)	(81)
Net actuarial (gains) losses recognized	209	125	627	375
Net Periodic Benefit Cost	600	1,050	1,800	3,150
Postretirement Benefits | U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest cost	22	21	66	63
Prior service cost (credit)		(30)		(90)
Net actuarial (gains) losses recognized	(4)	11	(12)	33
Net Periodic Benefit Cost	18	2	54	6
Postretirement Benefits | Non-U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	569	287	1,707	861
Interest cost	390	368	1,170	1,104
Net actuarial (gains) losses recognized	(12)	(14)	(36)	(42)
Net Periodic Benefit Cost	$ 947	$ 641	$ 2,841	$ 1,923

Pension Plans - Additional Info

Pension Plans - Additional Information (Detail) - Pension Benefits - USD ($) $ in Millions	3 Months Ended
	Feb. 29, 2024	May 31, 2023
U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Contribution to main pension plan during current quarter	$ 41.2
Total expected contributions to pension plans	$ 41.9	$ 0.7
Non-U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Total expected contributions to pension plans		$ 5.7

Contingencies and Accrued Los_3

Contingencies and Accrued Losses - Changes in Accrued Warranty Balances (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Commitments and Contingencies Disclosure [Abstract]
Beginning Balance		$ 12,651	$ 11,509	$ 11,776	$ 10,905
Deductions	[1]	(7,479)	(5,620)	(24,863)	(20,124)
Provision charged to expense		7,297	5,558	25,556	20,666
Ending Balance		$ 12,469	$ 11,447	$ 12,469	$ 11,447
[1] Primarily claims paid during the period.

Contingencies and Accrued Los_4

Contingencies and Accrued Losses - Additional Information (Detail) - USD ($)				3 Months Ended				9 Months Ended
	Dec. 27, 2023	Nov. 15, 2023	Dec. 10, 2021	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023	May 31, 2023
Loss Contingencies [Line Items]
New jury awarded damages value to distributor			$ 6,000,000
Accrued losses				$ 30,897,000				$ 30,897,000		$ 26,470,000
Selling, general and administrative expense				$ 504,760,000			$ 450,019,000	1,559,081,000	$ 1,425,969,000
Gain on business interruption insurance recovery					$ 800,000	$ 10,300,000	$ 20,000,000	$ 11,100,000
Gain on Business Interruption Insurance Recovery, Statement of Income or Comprehensive Income [Extensible Enumeration]				Selling, general and administrative expense				Selling, general and administrative expense
Subsidiary's Appeal, Including Available Contractual Arguments
Loss Contingencies [Line Items]
Attorney's fees and costs awarding the distributor		$ 4,400,000
Accrued losses				$ 4,400,000	$ 10,400,000			$ 4,400,000
Accrual payments	$ 6,000,000
Judicial Ruling
Loss Contingencies [Line Items]
Selling, general and administrative expense				$ 0				$ 4,400,000

Revenue - Additional Informatio

Revenue - Additional Information (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024 USD ($)	Feb. 28, 2023 USD ($)	Feb. 29, 2024 USD ($) Segment	Feb. 28, 2023 USD ($)	May 31, 2023 USD ($)
Disaggregation Of Revenue [Line Items]
Number of reportable segments | Segment			4
Revenue performance obligation description of payment terms			Payment terms and conditions vary by contract type, although our customers’ payment terms generally include a requirement to pay within 30 to 60 days of fulfilling our performance obligations
Revenue, Practical Expedient, Financing Component [true false]			false
Increase (decrease) in net contract assets			$ 4,894
Contract liabilities, revenue recognized	$ 6,400	$ 4,400	34,900	$ 22,800
Long-term deferred revenue	$ 80,500		$ 80,500		$ 76,600

Revenue - Summary of Trade Acco

Revenue - Summary of Trade Accounts Receivable Net of Allowances and Net Contract Assets (Detail) - USD ($) $ in Thousands	9 Months Ended
	Feb. 29, 2024	May 31, 2023
Disaggregation Of Revenue [Line Items]
Trade accounts receivable, less allowances	$ 1,072,032	$ 1,503,040
Contract assets	49,776	49,188
Contract liabilities - short-term	(38,090)	(42,396)
Net Contract Assets	11,686	$ 6,792
Change in Contract with Customer, Asset and Liability [Abstract]
Change in trade accounts receivable, less allowances	(431,008)
Change in contract assets	588
Change in Net Contract Assets (Liabilities)	$ 4,894
Percentage of change in trade accounts receivable, less allowances	(28.70%)
Percentage of change in contract assets	1.20%
Short-term
Change in Contract with Customer, Asset and Liability [Abstract]
Change in contract liabilities	$ 4,306
Percentage of change in contract liabilities	(10.20%)

Revenue - Summary of Activity f

Revenue - Summary of Activity for Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Accounts receivable, allowance for credit loss [Roll Forward]
Beginning balance	$ 57,448	$ 48,041	$ 49,482	$ 46,669
Bad debt provision	3,608	1,950	14,197	9,473
Uncollectible accounts written off, net of recoveries	(2,471)	(2,667)	(5,285)	(7,573)
Translation adjustments	(208)	(2)	(17)	(1,247)
Ending balance	$ 58,377	$ 47,322	$ 58,377	$ 47,322

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Thousands		9 Months Ended
	Jun. 01, 2023 USD ($)	Feb. 29, 2024 USD ($) Segment
Segment Reporting Information [Line Items]
Number of reportable segments		4
Number of operating segments		4
PCG Segment
Segment Reporting Information [Line Items]
Goodwill transferred | $	$ 11,400	$ 11,414

Segment Information - Summary o

Segment Information - Summary of Disaggregation of Revenues by Geography and Results of Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023	May 31, 2023
Segment Reporting Information [Line Items]
Net Sales	$ 1,522,982	$ 1,516,176	$ 5,327,114	$ 5,240,204
Income (Loss) Before Income Taxes	83,581	42,487	548,559	442,743
Identifiable Assets	6,382,404		6,382,404		$ 6,782,004
Domestic
Segment Reporting Information [Line Items]
Net Sales	1,057,414	1,065,714	3,730,349	3,754,001
Foreign
Segment Reporting Information [Line Items]
Net Sales	465,568	450,462	1,596,765	1,486,203
Foreign | Canada
Segment Reporting Information [Line Items]
Net Sales	95,261	92,451	382,523	364,036
Foreign | Europe
Segment Reporting Information [Line Items]
Net Sales	227,025	230,498	763,911	722,481
Foreign | Latin America
Segment Reporting Information [Line Items]
Net Sales	77,091	67,896	245,294	209,572
Foreign | Asia Pacific
Segment Reporting Information [Line Items]
Net Sales	41,577	39,588	127,435	123,879
Foreign | Other Foreign
Segment Reporting Information [Line Items]
Net Sales	24,614	20,029	77,602	66,235
Operating Segments | CPG Segment
Segment Reporting Information [Line Items]
Net Sales	495,753	475,187	1,940,292	1,794,043
Income (Loss) Before Income Taxes	15,060	6,886	253,910	187,679
Identifiable Assets	2,000,047		2,000,047		2,206,403
Operating Segments | CPG Segment | Domestic
Segment Reporting Information [Line Items]
Net Sales	289,042	280,916	1,194,335	1,124,047
Operating Segments | CPG Segment | Foreign
Segment Reporting Information [Line Items]
Net Sales	206,711	194,271	745,957	669,996
Operating Segments | CPG Segment | Foreign | Canada
Segment Reporting Information [Line Items]
Net Sales	41,353	34,934	190,695	170,415
Operating Segments | CPG Segment | Foreign | Europe
Segment Reporting Information [Line Items]
Net Sales	105,617	107,609	360,488	340,589
Operating Segments | CPG Segment | Foreign | Latin America
Segment Reporting Information [Line Items]
Net Sales	59,741	51,728	194,774	158,992
Operating Segments | PCG Segment
Segment Reporting Information [Line Items]
Net Sales	343,536	321,454	1,096,905	1,041,994
Income (Loss) Before Income Taxes	47,039	(7,057)	153,362	89,053
Identifiable Assets	1,185,432		1,185,432		1,209,819
Operating Segments | PCG Segment | Domestic
Segment Reporting Information [Line Items]
Net Sales	202,857	189,913	650,672	628,320
Operating Segments | PCG Segment | Foreign
Segment Reporting Information [Line Items]
Net Sales	140,679	131,541	446,233	413,674
Operating Segments | PCG Segment | Foreign | Canada
Segment Reporting Information [Line Items]
Net Sales	20,032	18,662	69,579	63,636
Operating Segments | PCG Segment | Foreign | Europe
Segment Reporting Information [Line Items]
Net Sales	55,481	56,192	177,603	169,912
Operating Segments | PCG Segment | Foreign | Latin America
Segment Reporting Information [Line Items]
Net Sales	10,321	9,047	28,034	29,168
Operating Segments | PCG Segment | Foreign | Asia Pacific
Segment Reporting Information [Line Items]
Net Sales	30,231	27,611	93,415	84,723
Operating Segments | PCG Segment | Foreign | Other Foreign
Segment Reporting Information [Line Items]
Net Sales	24,614	20,029	77,602	66,235
Operating Segments | Consumer Segment
Segment Reporting Information [Line Items]
Net Sales	507,199	528,531	1,755,490	1,798,382
Income (Loss) Before Income Taxes	65,159	68,146	295,054	278,708
Identifiable Assets	2,165,090		2,165,090		2,384,782
Operating Segments | Consumer Segment | Domestic
Segment Reporting Information [Line Items]
Net Sales	415,607	431,829	1,435,713	1,486,556
Operating Segments | Consumer Segment | Foreign
Segment Reporting Information [Line Items]
Net Sales	91,592	96,702	319,777	311,826
Operating Segments | Consumer Segment | Foreign | Canada
Segment Reporting Information [Line Items]
Net Sales	32,609	37,957	118,551	127,039
Operating Segments | Consumer Segment | Foreign | Europe
Segment Reporting Information [Line Items]
Net Sales	47,780	47,613	166,292	150,738
Operating Segments | Consumer Segment | Foreign | Latin America
Segment Reporting Information [Line Items]
Net Sales	6,447	6,666	20,588	20,217
Operating Segments | Consumer Segment | Foreign | Asia Pacific
Segment Reporting Information [Line Items]
Net Sales	4,756	4,466	14,346	13,832
Operating Segments | SPG Segments
Segment Reporting Information [Line Items]
Net Sales	176,494	191,004	534,427	605,785
Income (Loss) Before Income Taxes	9,803	39,482	36,345	94,798
Identifiable Assets	756,591		756,591		804,762
Operating Segments | SPG Segments | Domestic
Segment Reporting Information [Line Items]
Net Sales	149,908	163,056	449,629	515,078
Operating Segments | SPG Segments | Foreign
Segment Reporting Information [Line Items]
Net Sales	26,586	27,948	84,798	90,707
Operating Segments | SPG Segments | Foreign | Canada
Segment Reporting Information [Line Items]
Net Sales	1,267	898	3,698	2,946
Operating Segments | SPG Segments | Foreign | Europe
Segment Reporting Information [Line Items]
Net Sales	18,147	19,084	59,528	61,242
Operating Segments | SPG Segments | Foreign | Latin America
Segment Reporting Information [Line Items]
Net Sales	582	455	1,898	1,195
Operating Segments | SPG Segments | Foreign | Asia Pacific
Segment Reporting Information [Line Items]
Net Sales	6,590	7,511	19,674	25,324
Corporate/Other
Segment Reporting Information [Line Items]
Income (Loss) Before Income Taxes	(53,480)	$ (64,970)	(190,112)	$ (207,495)
Identifiable Assets	$ 275,244		$ 275,244		$ 176,238

Subsequent Event - Additional I

Subsequent Event - Additional Information (Detail) - Term Loan - USD ($) $ in Millions		9 Months Ended
	Dec. 27, 2023	Feb. 29, 2024
Subsequent Event [Line Items]
Principal outstanding on term loan, prepaid	$ 250
Term loan, maturity date		Aug. 01, 2025