XML 106 R60.htm IDEA: XBRL DOCUMENT v2.4.1.9
Business Combinations, Discontinued Operations and Related Transactions - Recognition Based on Final Asset Allocation (Detail) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2014
Land held for development:    
Current $ 14.3us-gaap_RealEstateHeldforsale $ 15.0us-gaap_RealEstateHeldforsale
Noncurrent 158.1us-gaap_RealEstateInvestmentPropertyNet 165.1us-gaap_RealEstateInvestmentPropertyNet
Basic Management Inc And Landwell    
Consideration:    
Cash 5.3us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Total fair value of consideration 32.6us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Fair value of our existing equity interest in BMI and LandWell 43.4us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeFairValue1
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Bargain purchase gain recognized 28.0us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Total 104.0us-gaap_BusinessCombinationConsiderationTransferredIncludingEquityInterestInAcquireeHeldPriorToCombination1
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Allocation of purchase price to identifiable assets acquired and liabilities assumed:    
Cash 27.4us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Land held for development:    
Current 14.3us-gaap_RealEstateHeldforsale
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Noncurrent 158.1us-gaap_RealEstateInvestmentPropertyNet
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Other current assets 9.4us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Property, plant and equipment 29.0us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Other noncurrent assets 8.5us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Long-term debt (14.3)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Other liabilities (66.9)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Total net identifiable assets 165.5us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Noncontrolling interest in BMI and LandWell (61.5)us-gaap_BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Total 104.0us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
 
Basic Management Inc And Landwell | Deferred Payment | Present Value    
Consideration:    
Business combination consideration - liability incurred 8.2us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
/ us-gaap_FinancialInstrumentAxis
= vhi_DeferredPaymentMember
/ us-gaap_ValuationTechniqueAxis
= vhi_PresentValueMember
 
Basic Management Inc And Landwell | Promissory Note    
Consideration:    
Business combination consideration - liability incurred $ 19.1us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
/ us-gaap_BusinessAcquisitionAxis
= vhi_BasicManagementIncAndLandwellMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember