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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 373.1 $ 407.0
Restricted cash equivalents 21.9 22.6
Marketable securities 13.8 56.1
Accounts and other receivables, net 397.6 340.4
Inventories, net 475.4 596.1
Prepaid expenses and other 42.0 53.2
Total current assets 1,323.8 1,475.4
Other assets:    
Marketable securities 5.3 4.8
Investment in TiO2 manufacturing joint venture 101.2 111.0
Goodwill 379.7 379.7
Deferred income taxes 66.5 67.0
Other assets 180.9 181.8
Total other assets 733.6 744.3
Property and equipment:    
Land 43.6 45.1
Buildings 261.5 271.2
Equipment 1,139.8 1,179.4
Mining properties 83.6 89.2
Construction in progress 23.1 23.6
Gross property and equipment 1,551.6 1,608.5
Less accumulated depreciation and amortization 1,075.6 1,091.2
Net property and equipment 476.0 517.3
Total assets 2,533.4 2,737.0
Current liabilities:    
Current maturities of long-term debt 0.8 0.7
Accounts payable and accrued liabilities 367.7 490.7
Income taxes 10.3 15.7
Total current liabilities 378.8 507.1
Noncurrent liabilities:    
Long-term debt 497.4 545.8
Deferred income taxes 13.0 17.1
Accrued pension costs 141.4 151.6
Accrued environmental remediation and related costs 93.1 93.2
Other liabilities 122.7 127.5
Total noncurrent liabilities 867.6 953.7
Equity:    
Preferred stock 0.0 0.0
Common stock 0.3 0.3
Additional paid-in capital 669.9 669.5
Retained earnings 499.0 475.8
Accumulated other comprehensive loss (157.0) (145.5)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders' equity 962.6 950.5
Noncontrolling interest in subsidiaries 324.4 325.7
Total equity 1,287.0 1,276.2
Total liabilities and equity 2,533.4 2,737.0
Commitments and contingencies (Notes 13 and 16)  
Related Party    
Noncurrent liabilities:    
Payable to affiliate - income taxes   $ 18.5