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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 146.6 $ 109.3
Depreciation and amortization 44.3 44.2
Gain from sale of land   (16.0)
Benefit plan expense greater than cash funding 4.5 8.5
Deferred income taxes 5.1 2.7
Contributions to TiO2 manufacturing joint venture, net (8.5) (2.2)
Fixed asset impairment 16.4  
Loss on deconsolidation of Basic Water Company ("BWC") 2.0  
Other, net 10.2 4.1
Change in assets and liabilities:    
Accounts and other receivables, net (23.6) (67.1)
Inventories, net (142.0) 75.6
Land held for development, net 17.8 6.3
Accounts payable and accrued liabilities 20.1 25.6
Income taxes (2.5) (4.8)
Accounts with affiliates 5.0 (19.4)
Other, net (67.5) 22.4
Net cash provided by operating activities 27.9 189.2
Cash flows from investing activities:    
Capital expenditures (48.0) (39.2)
Cash, cash equivalents and restricted cash of BWC 8.6  
Proceeds from land sales   23.4
Purchases of marketable securities (3.5) (3.1)
Proceeds from disposal of marketable securities 2.4 4.4
Other, net 0.1 2.1
Net cash used in investing activities (57.6) (12.4)
Cash flows from financing activities:    
Principal payments on indebtedness (47.5) (69.5)
Deferred financing fees   (1.8)
Valhi cash dividends paid (6.7) (6.8)
Distributions to noncontrolling interest in subsidiaries (27.5) (45.3)
Subsidiary treasury stock acquired (2.8) (0.8)
Net cash used in financing activities (84.5) (124.2)
Operating, investing and financing activities (114.2) 52.6
Cash, cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities (114.2) 52.6
Effect of exchange rates on cash (15.6) (7.7)
Balance at beginning of period 792.9 570.3
Balance at end of period 663.1 615.2
Cash paid for:    
Interest, net of amounts capitalized 22.9 26.7
Income taxes, net 37.3 45.9
Noncash investing activities:    
Change in accruals for capital expenditures $ 2.0 $ 4.3