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Fair Value Measurements and Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Financial Instruments not Carried at Fair Value

The following table presents the financial instruments that are not carried at fair value but which require fair value disclosure:

    

December 31, 2021

    

September 30, 2022

Carrying

Fair

Carrying

Fair

amount

value

amount

value

(In millions)

Cash, cash equivalents and restricted cash equivalents

$

792.9

$

792.9

$

663.1

$

663.1

Long-term debt (excluding capitalized leases):

 

  

 

  

 

  

 

  

Kronos Senior Notes

 

448.8

 

460.2

 

390.2

 

341.4

Valhi credit facility with Contran

 

172.9

 

172.9

 

134.8

 

134.8

LandWell bank note payable

 

13.5

 

13.5

 

13.2

 

13.2

BWC bank note payable

 

15.4

 

15.9