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Stockholders' equity
6 Months Ended
Jun. 30, 2024
Stockholders' equity  
Stockholders' equity

Note 15 – Stockholders’ equity:

Accumulated other comprehensive loss  Changes in accumulated other comprehensive income (loss) attributable to Valhi stockholders are presented in the table below.

Three months ended

Six months ended

June 30, 

June 30, 

    

2023

    

2024

    

2023

    

2024

(In millions)

Accumulated other comprehensive income (loss) (net of tax and
  noncontrolling interest):

 

  

 

  

 

  

 

  

Marketable securities:

Balance at beginning of period

$

1.6

$

1.7

$

1.6

$

1.7

Other comprehensive income:

Unrealized loss arising during the period

(.1)

(.1)

Balance at end of period

$

1.5

$

1.7

$

1.5

$

1.7

Currency translation:

 

  

 

  

 

  

 

  

Balance at beginning of period

$

(96.0)

$

(102.4)

$

(91.5)

$

(88.8)

Other comprehensive income (loss) arising during the period

 

(3.6)

 

1.2

 

(8.1)

 

(12.4)

Balance at end of period

$

(99.6)

$

(101.2)

$

(99.6)

$

(101.2)

Defined benefit pension plans:

 

  

 

  

 

  

 

  

Balance at beginning of period

$

(54.4)

$

(58.3)

$

(55.0)

$

(58.8)

Other comprehensive income:

 

  

 

  

 

  

 

  

Amortization of prior service cost and net losses
  included in net periodic pension cost

 

.6

 

.5

 

1.2

 

1.0

Plan settlement

 

4.0

 

 

4.0

 

Balance at end of period

$

(49.8)

$

(57.8)

$

(49.8)

$

(57.8)

OPEB plans:

 

  

 

  

 

  

 

  

Balance at beginning of period

$

.8

$

.4

$

1.0

$

.4

Other comprehensive income:

 

  

 

  

 

  

 

  

Amortization of prior service credit and net losses 
  included in net periodic OPEB cost

 

(.1)

 

(.1)

 

(.3)

 

(.1)

Balance at end of period

$

.7

$

.3

$

.7

$

.3

Total accumulated other comprehensive loss:

 

  

 

  

 

  

 

  

Balance at beginning of period

$

(148.0)

$

(158.6)

$

(143.9)

$

(145.5)

Other comprehensive income (loss)

 

.8

 

1.6

 

(3.3)

 

(11.5)

Balance at end of period

$

(147.2)

$

(157.0)

$

(147.2)

$

(157.0)

Other – During the first six months of 2023, Kronos acquired 313,814 shares of its common stock in market transactions for an aggregate purchase price of $2.8 million. At June 30, 2024, approximately 1.0 million shares were available for repurchase under Kronos’ stock repurchase program.