Investment in Affiliates and Other Assets (Tables)

12 Months Ended

Dec. 31, 2014

Summary of Financial Information

The components of our net distributions (contributions) from LPC are shown in the table below.

	Years ended December 31,
	2012			2013			2014
	(In millions)
Distributions from LPC	$	79.5		$	70.7		$	48.0
Contributions to LPC		(100.2	)		(59.8	)		(37.4	)
Net distributions (contributions)	$	(20.7	)	$	10.9		$	10.6

Components of Net Capitalized Permit Costs

The components of net capitalized permit costs are presented in the table below.

	December 31,
	2013		2014
	(In millions)
Net permit costs for issued permits which are being amortized:
LLRW license (expires in 2024)	$	54.0	$	49.6
Byproduct license (expires in 2018)		4.6		3.5
Other (expires 2015—2024)		.9		.1
Total	$	59.5	$	53.2

LPC

Summary of Financial Information

Summary balance sheets of LPC are shown below:

	December 31,
	2013		2014
	(In millions)
ASSETS
Current assets	$	127.2	$	107.4
Property and equipment, net		114.1		110.6
Total assets	$	241.3	$	218.0
LIABILITIES AND PARTNERS’ EQUITY
Other liabilities, primarily current	$	33.9	$	37.3
Partners’ equity		207.4		180.7
Total liabilities and partners’ equity	$	241.3	$	218.0

Summary income statements of LPC are shown below:

	Years ended December 31,
	2012		2013		2014
	(In millions)
Revenues and other income:
Kronos	$	250.2	$	224.5	$	193.1
Tioxide		227.5		224.6		193.8
Total		477.7		449.1		386.9
Cost and expenses:
Cost of sales		477.3		448.7		386.4
General and administrative		.4		.4		.5
Total		477.7		449.1		386.9
Net income	$	—	$	—	$	—

Basic Management Inc And Landwell

Summary of Financial Information

	Twelve months ended September 30,
	2012			2013
	(in millions)
Total revenues	$	10.4		$	9.5
Loss before income taxes		(1.2	)		(3.9	)
Net loss		(1.4	)		(3.7	)