CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 578.8	$ 698.4
Restricted cash equivalents	47.8	52.6
Marketable securities	2.9	2.6
Accounts and other receivables, net	386.4	403.7
Inventories, net	545.8	458.7
Prepaid expenses and other	67.3	57.2
Total current assets	1,629.0	1,673.2
Other assets:
Investment in TiO2 manufacturing joint venture	110.4	101.9
Goodwill	379.7	379.7
Deferred income taxes	66.0	86.8
Other assets	175.1	200.0
Total other assets	731.2	768.4
Property and equipment:
Land	44.9	50.3
Buildings	230.8	252.6
Equipment	1,080.3	1,194.6
Mining properties	5.6	26.3
Construction in progress	67.3	82.9
Gross property and equipment	1,428.9	1,606.7
Less accumulated depreciation and amortization	944.9	1,043.1
Net property and equipment	484.0	563.6
Total assets	2,844.2	3,005.2
Current liabilities:
Current maturities of long-term debt	2.0	3.1
Accounts payable and accrued liabilities	479.2	448.1
Income taxes	6.3	12.3
Total current liabilities	487.5	463.5
Noncurrent liabilities:
Long-term debt	538.2	649.9
Deferred income taxes	34.9	46.2
Payable to affiliate - income taxes	33.4	44.5
Accrued pension costs	247.9	291.1
Accrued environmental remediation and related costs	93.6	94.1
Other liabilities	184.2	257.5
Total noncurrent liabilities	1,132.2	1,383.3
Equity:
Common stock	0.3	0.3
Additional paid-in capital	669.8	669.0
Retained earnings	494.0	401.1
Accumulated other comprehensive loss	(223.5)	(191.3)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders' equity	891.0	829.5
Noncontrolling interest in subsidiaries	333.5	328.9
Total equity	1,224.5	1,158.4
Total liabilities and equity	2,844.2	$ 3,005.2
Commitments and contingencies (Notes 6, 12 and 15)