CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 194.5	$ 348.3
Restricted cash equivalents	31.3	24.8
Marketable securities	1.9	1.9
Accounts and other receivables, net	388.7	327.8
Inventories, net	729.7	685.8
Prepaid expenses and other	63.9	65.1
Total current assets	1,410.0	1,453.7
Other assets:
Marketable securities	5.2	5.7
Goodwill	382.3	382.3
Deferred income taxes	54.2	53.8
Other assets	171.7	181.3
Total other assets	613.4	623.1
Property and equipment:
Land	76.4	74.7
Buildings	292.2	282.6
Equipment	1,355.5	1,312.0
Mining properties	84.6	76.0
Construction in progress	46.0	41.7
Gross property and equipment	1,854.7	1,787.0
Less accumulated depreciation and amortization	1,120.9	1,063.6
Net property and equipment	733.8	723.4
Total assets	2,757.2	2,800.2
Current liabilities:
Current maturities of long-term debt	81.9	79.0
Accounts payable and accrued liabilities	416.4	482.6
Accrued environmental remediation and related costs	3.5	59.7
Income taxes	26.8	22.5
Total current liabilities	528.6	643.8
Noncurrent liabilities:
Long-term debt	525.9	484.4
Accrued pension costs	119.4	117.6
Accrued environmental remediation and related costs	14.7	14.9
Deferred income taxes	60.6	57.7
Other liabilities	94.7	102.7
Total noncurrent liabilities	815.3	777.3
Equity:
Preferred stock
Common stock	0.3	0.3
Additional paid-in capital	669.9	669.9
Retained earnings	589.3	574.7
Accumulated other comprehensive loss	(147.4)	(159.2)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders' equity	1,062.5	1,036.1
Noncontrolling interest in subsidiaries	350.8	343.0
Total equity	1,413.3	1,379.1
Total liabilities and equity	2,757.2	2,800.2
Commitments and contingencies (Notes 13, 16 and 18)