CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 190.5	$ 202.3
Restricted cash equivalents	6.1	7.2
Marketable securities	1.8	2.0
Accounts and other receivables, net	298.8	246.6
Inventories, net	354.9	405.2
Land held for development	10.1	9.9
Other current assets	17.4	23.0
Total current assets	879.6	896.2
Other assets:
Marketable securities	256.3	254.9
Investment in TiO2 manufacturing joint venture, Louisiana Pigment Company, L.P. (“LPC”)	76.3	82.9
Goodwill	379.7	379.7
Deferred income taxes	1.3	1.3
Other noncurrent assets	255.3	256.7
Total other assets	968.9	975.5
Property and equipment:
Land	46.3	45.4
Buildings	243.8	239.7
Treatment, storage and disposal facility	159.5	159.5
Equipment	1,082.4	1,061.6
Mining properties	36.2	35.5
Construction in progress	43.3	33.1
Gross property and equipment	1,611.5	1,574.8
Less accumulated depreciation	943.1	909.1
Net property and equipment	668.4	665.7
Total assets	2,516.9	2,537.4
Current liabilities:
Current maturities of long-term debt	38.8	9.5
Accounts payable and accrued liabilities	270.3	271.4
Income taxes	1.6	5.7
Total current liabilities	310.7	286.6
Noncurrent liabilities:
Long-term debt	970.5	951.0
Deferred income taxes	305.1	321.0
Accrued pension costs	215.4	216.8
Accrued environmental remediation and related costs	107.9	108.7
Accrued postretirement benefits costs	11.9	11.8
Other liabilities	108.7	114.6
Total noncurrent liabilities	1,719.5	1,723.9
Equity: Valhi stockholders' equity:
Preferred stock	667.3	667.3
Common stock	3.6	3.6
Retained deficit	(197.0)	(155.6)
Accumulated other comprehensive loss	(190.2)	(197.0)
Treasury stock	(49.6)	(49.6)
Total Valhi stockholders’ equity	234.1	268.7
Noncontrolling interest in subsidiaries	252.6	258.2
Total equity	486.7	526.9
Total liabilities and equity	2,516.9	2,537.4
Commitments and contingencies (Notes 13 and 16)