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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ 43.3 $ (4.9)
Depreciation and amortization 32.4 27.3
Loss on pension plan termination 0.0 6.2
Benefit plan expense less than cash funding (4.4) (4.2)
Deferred income taxes (4.0) (24.6)
Distributions from (contributions to) TiO2 manufacturing joint venture, net 9.8 (8.3)
Gain from sale of land 0.0 (1.5)
Other, net 4.3 4.3
Change in assets and liabilities:    
Accounts and other receivables, net (79.3) (58.1)
Inventories, net 103.4 68.6
Land held for development, net 1.5 (8.6)
Accounts payable and accrued liabilities (130.1) (84.0)
Income taxes (5.5) 0.5
Accounts with affiliates (0.3) (15.2)
Other, net 13.6 7.4
Net cash used in operating activities (15.3) (95.1)
Cash flows from investing activities:    
Capital expenditures (8.8) (34.4)
Purchases of marketable securities (1.0) (51.5)
Proceeds from disposal of marketable securities 43.8 27.4
Proceeds from land sales 0.0 1.8
Net cash provided by (used in) investing activities 34.0 (56.7)
Cash flows from financing activities:    
Kronos term loan from Contran 53.7 0.0
Principal payments on indebtedness (83.7) (16.6)
Deferred financing fees (5.8) 0.0
Valhi cash dividends paid (4.5) (4.5)
Distributions to noncontrolling interest in subsidiaries (12.9) (12.7)
Subsidiary treasury stock acquired 0.0 (2.9)
Net cash used in financing activities (53.2) (36.7)
Cash, cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities (34.5) (188.5)
Effect of exchange rates on cash (0.2) (0.9)
Balance at beginning of period 462.0 562.0
Balance at end of period 427.3 372.6
Cash paid for:    
Interest, net of amounts capitalized 11.4 13.3
Income taxes, net 35.7 22.7
Noncash investing activities:    
Change in accruals for capital expenditures $ 0.5 $ 2.4