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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 348.3 $ 407.0
Restricted cash equivalents 24.8 22.6
Marketable securities 1.9 56.1
Accounts and other receivables, net 325.7 321.1
Receivables from affiliates $ 0.8 $ 17.5
Other Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration] Related Party Related Party
Refundable income taxes $ 1.3 $ 1.8
Inventories, net 685.8 596.1
Prepaid expenses and other 65.1 53.2
Total current assets 1,453.7 1,475.4
Other assets:    
Marketable securities 5.7 4.8
Investment in TiO2 manufacturing joint venture   111.0
Goodwill 382.3 379.7
Deferred income taxes 53.8 67.0
Noncurrent pension asset 19.8 8.1
Other assets 161.5 173.7
Total other assets 623.1 744.3
Property and equipment:    
Land 74.7 45.1
Buildings 282.6 271.2
Equipment 1,312.0 1,179.4
Mining properties 76.0 89.2
Construction in progress 41.7 23.6
Gross property and equipment 1,787.0 1,608.5
Less accumulated depreciation and amortization 1,063.6 1,091.2
Net property and equipment 723.4 517.3
Total assets 2,800.2 2,737.0
Current liabilities:    
Current maturities of long-term debt 79.0 0.7
Accounts payable 250.0 228.5
Accrued liabilities 199.1 216.6
Accrued environmental remediation and related costs 59.7 3.7
Accrued litigation settlement 16.4 11.8
Payables to affiliates $ 17.1 $ 30.1
Other Liability, Current, Related Party [Extensible Enumeration] Related Party Related Party
Income taxes $ 22.5 $ 15.7
Total current liabilities 643.8 507.1
Noncurrent liabilities:    
Long-term debt 484.4 545.8
Accrued pension costs 117.6 151.6
Accrued environmental remediation and related costs 14.9 93.2
Deferred income taxes 57.7 17.1
Long-term litigation settlement   16.1
Other liabilities 102.7 111.4
Total noncurrent liabilities 777.3 953.7
Equity:    
Preferred stock, $.01 par value; 500,000 shares authorized, none issued
Common stock, $.01 par value; 50.0 million shares authorized; 29.6 million shares issued and outstanding 0.3 0.3
Additional paid-in capital 669.9 669.5
Retained earnings 574.7 475.8
Accumulated other comprehensive loss (159.2) (145.5)
Treasury stock, at cost - 1.1 million shares (49.6) (49.6)
Total Valhi stockholders' equity 1,036.1 950.5
Noncontrolling interest in subsidiaries 343.0 325.7
Total equity 1,379.1 1,276.2
Total liabilities and equity 2,800.2 2,737.0
Related Party    
Current assets:    
Receivables from affiliates 0.8 17.5
Current liabilities:    
Payables to affiliates 17.1 30.1
Noncurrent liabilities:    
Long-term debt $ 98.3 93.4
Payable to affiliate - income taxes   $ 18.5