CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 644.4	$ 698.4
Restricted cash equivalents	52.0	52.6
Marketable securities	2.3	2.6
Accounts and other receivables, net	432.3	403.7
Inventories, net	469.1	458.7
Prepaid expenses and other	60.3	57.2
Total current assets	1,660.4	1,673.2
Other assets:
Investment in TiO2 manufacturing joint venture	106.0	101.9
Goodwill	379.7	379.7
Deferred income taxes	71.7	86.8
Other assets	181.6	200.0
Total other assets	739.0	768.4
Property and equipment:
Land	46.7	50.3
Buildings	239.9	252.6
Equipment	1,127.8	1,194.6
Mining properties	11.4	26.3
Construction in progress	69.3	82.9
Gross property and equipment	1,495.1	1,606.7
Less accumulated depreciation and amortization	980.8	1,043.1
Net property and equipment	514.3	563.6
Total assets	2,913.7	3,005.2
Current liabilities:
Current maturities of long-term debt	16.4	3.1
Accounts payable and accrued liabilities	429.1	448.1
Income taxes	12.5	12.3
Total current liabilities	458.0	463.5
Noncurrent liabilities:
Long-term debt	581.7	649.9
Deferred income taxes	38.4	46.2
Payable to affiliate - income taxes	33.4	44.5
Accrued pension costs	266.7	291.1
Accrued environmental remediation and related costs	94.1	94.1
Other liabilities	223.5	257.5
Total noncurrent liabilities	1,237.8	1,383.3
Equity: Valhi stockholders' equity:
Common stock	0.3	0.3
Additional paid-in capital	669.8	669.0
Retained earnings	470.0	401.1
Accumulated other comprehensive loss	(207.8)	(191.3)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders' equity	882.7	829.5
Noncontrolling interest in subsidiaries	335.2	328.9
Total equity	1,217.9	1,158.4
Total liabilities and equity	2,913.7	$ 3,005.2
Commitments and contingencies (Notes 6, 12 and 15)