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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 314.6 $ 407.0
Restricted cash equivalents 44.7 22.6
Marketable securities 2.1 56.1
Accounts and other receivables, net 394.7 340.4
Inventories, net 577.4 596.1
Prepaid expenses and other 72.5 53.2
Total current assets 1,406.0 1,475.4
Other assets:    
Marketable securities 5.3 4.8
Investment in TiO2 manufacturing joint venture   111.0
Goodwill 382.3 379.7
Deferred income taxes 68.8 67.0
Other assets 173.5 181.8
Total other assets 629.9 744.3
Property and equipment:    
Land 77.2 45.1
Buildings 297.9 271.2
Equipment 1,382.3 1,179.4
Mining properties 85.3 89.2
Construction in progress 33.6 23.6
Gross property and equipment 1,876.3 1,608.5
Less accumulated depreciation and amortization 1,125.0 1,091.2
Net property and equipment 751.3 517.3
Total assets 2,787.2 2,737.0
Current liabilities:    
Current maturities of long-term debt 84.7 0.7
Accounts payable and accrued liabilities 401.3 490.7
Income taxes 17.7 15.7
Total current liabilities 503.7 507.1
Noncurrent liabilities:    
Long-term debt 526.6 545.8
Accrued pension costs 144.8 151.6
Accrued environmental remediation and related costs 92.8 93.2
Deferred income taxes 40.4 17.1
Other liabilities 112.3 127.5
Total noncurrent liabilities 916.9 953.7
Equity:    
Preferred stock 0.0 0.0
Common stock 0.3 0.3
Additional paid-in capital 669.9 669.5
Retained earnings 554.2 475.8
Accumulated other comprehensive loss (152.3) (145.5)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders' equity 1,022.5 950.5
Noncontrolling interest in subsidiaries 344.1 325.7
Total equity 1,366.6 1,276.2
Total liabilities and equity 2,787.2 2,737.0
Commitments and contingencies (Notes 13, 16 and 19)
Related Party    
Noncurrent liabilities:    
Payable to affiliate - income taxes   $ 18.5