CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 341.0	$ 407.0
Restricted cash equivalents	26.3	22.6
Marketable securities	31.7	56.1
Accounts and other receivables, net	377.8	340.4
Inventories, net	504.1	596.1
Prepaid expenses and other	47.6	53.2
Total current assets	1,328.5	1,475.4
Other assets:
Marketable securities	5.5	4.8
Investment in TiO2 manufacturing joint venture	108.7	111.0
Goodwill	379.7	379.7
Deferred income taxes	66.1	67.0
Other assets	175.9	181.8
Total other assets	735.9	744.3
Property and equipment:
Land	43.7	45.1
Buildings	263.2	271.2
Equipment	1,147.0	1,179.4
Mining properties	81.7	89.2
Construction in progress	22.6	23.6
Gross property and equipment	1,558.2	1,608.5
Less accumulated depreciation and amortization	1,063.8	1,091.2
Net property and equipment	494.4	517.3
Total assets	2,558.8	2,737.0
Current liabilities:
Current maturities of long-term debt	0.7	0.7
Accounts payable and accrued liabilities	366.8	490.7
Income taxes	17.7	15.7
Total current liabilities	385.2	507.1
Noncurrent liabilities:
Long-term debt	511.2	545.8
Deferred income taxes	30.0	31.8
Accrued pension costs	145.1	151.6
Accrued environmental remediation and related costs	93.1	93.2
Other liabilities	125.9	127.5
Total noncurrent liabilities	923.8	968.4
Equity:
Preferred stock	0.0	0.0
Common stock	0.3	0.3
Additional paid-in capital	669.5	669.5
Retained earnings	466.6	461.1
Accumulated other comprehensive loss	(158.6)	(145.5)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders' equity	928.2	935.8
Noncontrolling interest in subsidiaries	321.6	325.7
Total equity	1,249.8	1,261.5
Total liabilities and equity	2,558.8	2,737.0
Commitments and contingencies (Notes 13 and 16)
Related Party
Noncurrent liabilities:
Payable to affiliate - income taxes	$ 18.5	$ 18.5