CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 214.0	$ 348.3
Restricted cash equivalents	8.6	24.8
Marketable securities	2.9	1.9
Accounts and other receivables, net	313.9	325.7
Receivables from affiliates	$ 3.1	$ 0.8
Other Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration]	Related Party	Related Party
Refundable income taxes	$ 1.9	$ 1.3
Inventories, net	659.8	685.8
Prepaid expenses and other	54.9	65.1
Total current assets	1,259.1	1,453.7
Other assets:
Marketable securities	6.1	5.7
Goodwill	382.3	382.3
Deferred income taxes	35.2	53.8
Pension asset	20.4	19.8
Other assets	177.6	161.5
Total other assets	621.6	623.1
Property and equipment:
Land	79.4	74.7
Buildings	311.7	282.6
Equipment	1,464.2	1,312.0
Mining properties	91.8	76.0
Construction in progress	45.0	41.7
Gross property and equipment	1,992.1	1,787.0
Less accumulated depreciation and amortization	1,240.5	1,063.6
Net property and equipment	751.6	723.4
Total assets	2,632.3	2,800.2
Current liabilities:
Current maturities of long-term debt	0.8	79.0
Accounts payable	231.3	250.0
Accrued liabilities	198.6	199.1
Accrued environmental remediation and related costs	2.8	59.7
Accrued litigation settlement		16.4
Payables to affiliates	1.4	17.1
Income taxes	$ 14.4	$ 22.5
Other Liability, Current, Related Party [Extensible Enumeration]	Related Party	Related Party
Total current liabilities	$ 449.3	$ 643.8
Noncurrent liabilities:
Long-term debt	590.9	484.4
Accrued pension costs	80.9	117.6
Accrued environmental remediation and related costs	14.7	14.9
Deferred income taxes	55.8	57.7
Other liabilities	77.0	102.7
Total noncurrent liabilities	819.3	777.3
Equity:
Preferred stock, $.01 par value; 500,000 shares authorized, none issued
Common stock, $.01 par value; 50.0 million shares authorized; 29.6 million shares issued and outstanding	0.3	0.3
Additional paid-in capital	670.3	669.9
Retained earnings	508.0	574.7
Accumulated other comprehensive loss	(105.8)	(159.2)
Treasury stock, at cost - 1.1 million shares	(49.6)	(49.6)
Total Valhi stockholders' equity	1,023.2	1,036.1
Noncontrolling interest in subsidiaries	340.5	343.0
Total equity	1,363.7	1,379.1
Total liabilities and equity	2,632.3	2,800.2
Related Party
Current assets:
Receivables from affiliates	3.1	0.8
Current liabilities:
Payables to affiliates	1.4	17.1
Noncurrent liabilities:
Long-term debt	$ 77.3	$ 98.3