CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 205.0	$ 202.3
Restricted cash equivalents	7.3	7.2
Marketable securities	0.7	2.0
Accounts and other receivables, net	302.1	246.6
Inventories, net	334.1	405.2
Land held for development	16.1	9.9
Other current assets	27.1	23.0
Total current assets	892.4	896.2
Other assets:
Marketable securities	256.2	254.9
Investment in TiO2 manufacturing joint venture, Louisiana Pigment Company, L.P. (“LPC”)	79.8	82.9
Goodwill	379.7	379.7
Deferred income taxes	1.3	1.3
Other noncurrent assets	248.4	256.7
Total other assets	965.4	975.5
Property and equipment:
Land	46.9	45.4
Buildings	246.5	239.7
Treatment, storage and disposal facility	159.5	159.5
Equipment	1,094.0	1,061.6
Mining properties	40.6	35.5
Construction in progress	52.0	33.1
Gross property and equipment	1,639.5	1,574.8
Less accumulated depreciation	967.3	909.1
Net property and equipment	672.2	665.7
Total assets	2,530.0	2,537.4
Current liabilities:
Current maturities of long-term debt	26.9	9.5
Accounts payable and accrued liabilities	274.0	271.4
Income taxes	5.4	5.7
Total current liabilities	306.3	286.6
Noncurrent liabilities:
Long-term debt	971.1	951.0
Deferred income taxes	310.5	321.0
Accrued pension costs	216.9	216.8
Accrued environmental remediation and related costs	107.6	108.7
Accrued postretirement benefits costs	11.8	11.8
Other liabilities	108.6	114.6
Total noncurrent liabilities	1,726.5	1,723.9
Equity: Valhi stockholders' equity:
Preferred stock	667.3	667.3
Common stock	3.6	3.6
Retained deficit	(200.8)	(155.6)
Accumulated other comprehensive loss	(182.7)	(197.0)
Treasury stock	(49.6)	(49.6)
Total Valhi stockholders’ equity	237.8	268.7
Noncontrolling interest in subsidiaries	259.4	258.2
Total equity	497.2	526.9
Total liabilities and equity	2,530.0	2,537.4
Commitments and contingencies (Notes 13 and 16)