CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 407.0	$ 478.5
Restricted cash equivalents	22.6	46.3
Marketable securities	56.1	75.1
Accounts and other receivables, net	321.1	271.0
Receivables from affiliates	$ 17.5	$ 2.9
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]	Related Party	Related Party
Refundable income taxes	$ 1.8	$ 8.0
Inventories, net	596.1	640.8
Prepaid expenses and other	53.2	66.9
Total current assets	1,475.4	1,589.5
Other assets:
Marketable securities	4.8	1.2
Investment in TiO2 manufacturing joint venture	111.0	112.9
Goodwill	379.7	379.7
Deferred income taxes	67.0	40.5
Pension asset	8.1	9.3
Other assets	173.7	178.8
Total other assets	744.3	722.4
Property and equipment:
Land	45.1	42.5
Buildings	271.2	249.2
Equipment	1,179.4	1,106.5
Mining properties	89.2	78.6
Construction in progress	23.6	77.2
Gross property and equipment	1,608.5	1,554.0
Less accumulated depreciation and amortization	1,091.2	1,030.2
Net property and equipment	517.3	523.8
Total assets	2,737.0	2,835.7
Current liabilities:
Current maturities of long-term debt	0.7	1.8
Accounts payable	228.5	199.4
Accrued liabilities	220.3	243.6
Accrued litigation settlement	11.8	11.8
Payables to affiliates	$ 30.1	$ 22.9
Other Liability, Current, Related Party, Type [Extensible Enumeration]	Related Party	Related Party
Income taxes	$ 15.7	$ 13.3
Total current liabilities	507.1	492.8
Noncurrent liabilities:
Long-term debt	545.8	557.7
Deferred income taxes	31.8	63.5
Long-term litigation settlement	16.1	27.4
Accrued pension costs	151.6	131.6
Accrued environmental remediation and related costs	93.2	93.5
Other liabilities	111.4	129.0
Total noncurrent liabilities	968.4	1,036.1
Equity:
Preferred stock, $.01 par value; 500,000 shares authorized, none issued
Common stock, $.01 par value; 50.0 million shares authorized; 29.6 million shares issued and outstanding	0.3	0.3
Additional paid-in capital	669.5	669.5
Retained earnings	461.1	482.3
Accumulated other comprehensive loss	(145.5)	(143.9)
Treasury stock, at cost - 1.1 million shares	(49.6)	(49.6)
Total Valhi stockholders' equity	935.8	958.6
Noncontrolling interest in subsidiaries	325.7	348.2
Total equity	1,261.5	1,306.8
Total liabilities and equity	2,737.0	2,835.7
Commitments and contingencies (Notes 9, 14, 17 and 18)
Related Party
Current assets:
Receivables from affiliates	17.5	2.9
Current liabilities:
Payables to affiliates	30.1	22.9
Noncurrent liabilities:
Payable to affiliate - income taxes	$ 18.5	$ 33.4