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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 181.0 $ 307.1
Depreciation and amortization 36.9 30.7
Deferred income taxes 20.5 (139.9)
Benefit plan expense greater than cash funding 6.5 9.2
Marketable equity securities 6.7  
Distributions from TiO2 manufacturing joint venture, net 5.5 3.8
Loss on prepayment of debt   7.1
Payment for termination of interest rate swap contract   (3.3)
Other, net 1.8 1.7
Change in assets and liabilities:    
Accounts and other receivables (25.6) (77.0)
Inventories (70.3) 39.9
Prepaid expenses (8.1) (1.5)
Accounts payable and accrued liabilities 13.0 43.8
Income taxes 11.9 15.3
Accounts with affiliates 17.1 (15.1)
Other, net 2.1 (3.5)
Net cash provided by operating activities 199.0 218.3
Cash flows from investing activities:    
Capital expenditures (35.4) (40.7)
Net cash used in investing activities (21.8) (40.7)
Indebtedness:    
Borrowings   731.5
Principal payments (0.5) (594.3)
Deferred financing fees   (8.3)
Dividends paid (59.1) (52.2)
Net cash provided by (used in) financing activities (59.6) 76.7
Cash, cash equivalents and restricted cash - net change from:    
Operating, investing and financing activities 117.6 254.3
Currency translation (7.9) 11.4
Balance at beginning of period 323.7 52.3
Balance at end of period 433.4 318.0
Cash paid for:    
Interest, net of amount capitalized 18.3 15.4
Income taxes 36.4 18.7
Accrual for capital expenditures 3.5 3.7
Valhi    
Cash flows from investing activities:    
Loans (2.6) (2.8)
Collections $ 16.2 $ 2.8