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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 136.1 $ 197.7 $ 89.0
Depreciation and amortization 58.5 59.3 68.5
Sale of business     (4.9)
Land sales   (16.0) (0.5)
Fixed asset impairment 16.4    
Loss on deconsolidation of Basic Water Company ("BWC") 2.0    
Noncash interest expense 2.2 2.9 2.9
Benefit plan expense greater than cash funding 8.6 11.4 15.2
Deferred income taxes 0.6 12.1 (7.0)
Distributions from (contributions to) TiO2 manufacturing joint venture, net (10.5) 3.8 (12.8)
Other, net 10.1 2.3 8.3
Change in assets and liabilities:      
Accounts and other receivables, net 81.1 (64.6) (3.1)
Inventories, net (204.2) 58.3 13.1
Land held for development, net 21.4 49.6 16.8
Accounts payable and accrued liabilities 3.9 154.3 (32.8)
Income taxes (0.5) (1.6) 6.5
Accounts with affiliates 9.4 (24.3) (4.3)
Other noncurrent assets (3.4) (15.9) (49.5)
Other noncurrent liabilities (83.9) 53.7 53.5
Other, net (12.9) (23.3) (6.7)
Net cash provided by operating activities 34.9 459.7 152.2
Cash flows from investing activities:      
Capital expenditures (67.6) (64.1) (65.5)
Cash, cash equivalents and restricted cash of BWC (8.6)    
Purchases of marketable securities (73.6) (4.0) (3.4)
Proceeds from disposal of marketable securities 2.9 5.2 4.3
Proceeds from sale of business     4.9
Proceeds from land sales   23.4  
Other, net 0.2 2.1 2.7
Net cash used in investing activities (146.7) (37.4) (57.0)
Cash flows from financing activities:      
Principal payments on indebtedness (62.0) (102.3) (58.5)
Valhi cash dividends paid (9.0) (9.0) (13.6)
Distributions to noncontrolling interest in subsidiaries (38.9) (74.4) (49.4)
Subsidiary treasury stock acquired (4.0) (1.5) (1.0)
Other, net (0.1) (1.9)  
Net cash used in financing activities (114.0) (189.1) (122.5)
Operating, investing and financial activities (225.8) 233.2 (27.3)
Cash, cash equivalents and restricted cash and cash equivalents - net change from:      
Operating, investing and financial activities (225.8) 233.2 (27.3)
Effect of exchange rates on cash (5.1) (10.6) 13.8
Balance at beginning of year 792.9 570.3 583.8
Balance at end of year 562.0 792.9 570.3
Cash paid for:      
Interest, net of amounts capitalized 25.8 29.2 33.1
Income taxes, net 43.7 65.9 24.1
Noncash investing activities:      
Change in accruals for capital expenditures $ 6.6 $ 4.6 $ 5.9