CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 220.4	$ 159.8
Restricted cash equivalents	11.8	12.5
Marketable securities	0.8	4.4
Accounts and other receivables, net	366.5	272.2
Inventories, net	359.1	360.6
Land held for development	16.7	10.9
Other current assets	13.0	17.0
Total current assets	988.3	837.4
Other assets:
Marketable securities	257.2	253.5
Investment in TiO2 manufacturing joint venture, Louisiana Pigment Company, L.P. (“LPC”)	70.5	78.9
Goodwill	379.7	379.7
Deferred income taxes	124.7	1.2
Other noncurrent assets	196.9	238.0
Total other assets	1,029.0	951.3
Property and equipment:
Land	47.6	45.4
Buildings	250.1	237.5
Treatment, storage and disposal facility		159.6
Equipment	1,084.2	1,070.6
Mining properties	32.1	35.1
Construction in progress	52.7	41.8
Gross property and equipment	1,466.7	1,590.0
Less accumulated depreciation	911.9	935.5
Net property and equipment	554.8	654.5
Total assets	2,572.1	2,443.2
Current liabilities:
Current maturities of long-term debt	7.6	7.8
Accounts payable and accrued liabilities	301.0	281.2
Income taxes	11.5	5.1
Total current liabilities	320.1	294.1
Noncurrent liabilities:
Long-term debt	985.0	957.2
Deferred income taxes	243.3	275.0
Accrued pension costs	258.5	240.2
Accrued environmental remediation and related costs	110.1	107.3
Accrued postretirement benefits costs	11.1	11.1
Other liabilities	120.2	113.9
Total noncurrent liabilities	1,728.2	1,704.7
Equity: Valhi stockholders' equity:
Preferred stock	667.3	667.3
Common stock	3.6	3.6
Retained deficit	(190.3)	(198.5)
Accumulated other comprehensive loss	(204.9)	(221.9)
Treasury stock	(49.6)	(49.6)
Total Valhi stockholders’ equity	226.1	200.9
Noncontrolling interest in subsidiaries	297.7	243.5
Total equity	523.8	444.4
Total liabilities and equity	2,572.1	2,443.2
Commitments and contingencies (Notes 13 and 16)