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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 197.7 $ 89.0 $ 78.2
Depreciation and amortization 59.3 68.5 56.8
Net gain from:      
Sale of business   (4.9) (3.0)
Land sales (16.0) (0.5) (4.4)
Noncash interest expense 2.9 2.9 2.4
Benefit plan expense greater than cash funding 11.4 15.2 8.9
Deferred income taxes 12.1 (7.0) 7.4
Distributions from (contributions to) TiO2 manufacturing joint venture, net 3.8 (12.8) (9.3)
Other, net 2.3 8.3 7.7
Change in assets and liabilities:      
Accounts and other receivables, net (64.6) (3.1) 8.6
Land held for development, net 49.6 16.8 1.1
Inventories, net 58.3 13.1 (8.5)
Accounts payable and accrued liabilities 154.3 (32.8) (14.6)
Income taxes (1.6) 6.5 (1.4)
Accounts with affiliates (24.3) (4.3) (1.2)
Other noncurrent assets (15.9) (49.5) (6.1)
Other noncurrent liabilities 53.7 53.5 54.2
Other, net (23.3) (6.7) 0.4
Net cash provided by operating activities 459.7 152.2 177.2
Cash flows from investing activities:      
Capital expenditures (64.1) (65.5) (59.9)
Proceeds from sale of business   4.9 2.9
Cash, cash equivalents and restricted cash and cash equivalents of business at time of sale     (0.5)
Purchases of marketable securities (4.0) (3.4) (4.9)
Proceeds from land sales 23.4   4.6
Proceeds from disposal of marketable securities 5.2 4.3 4.3
Other, net 2.1 2.7 2.8
Net cash used in investing activities (37.4) (57.0) (50.7)
Indebtedness:      
Borrowings     14.9
Principal payments (102.3) (58.5) (11.2)
Deferred financing fees (1.9)    
Valhi cash dividends paid (9.0) (13.6) (27.1)
Distributions to noncontrolling interest in subsidiaries (74.4) (49.4) (37.6)
Subsidiary treasury stock acquired (1.5) (1.0) (3.1)
Net cash used in financing activities (189.1) (122.5) (64.1)
Cash, cash equivalents and restricted cash and cash equivalents - net change from operating, investing and financing activities 233.2 (27.3) 62.4
Effect of exchange rates on cash (10.6) 13.8 (2.3)
Net change for the year 222.6 (13.5) 60.1
Balance at beginning of year 570.3 583.8 523.7
Balance at end of year 792.9 570.3 583.8
Cash paid for:      
Interest, net of amounts capitalized 29.2 33.1 37.9
Income taxes, net 65.9 24.1 33.4
Noncash investing activities:      
Changes in accruals for capital expenditures $ 4.6 $ 5.9 9.1
Receivable from sale of business     $ 0.3