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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 424.4 $ 159.8
Restricted cash equivalents 13.9 12.5
Marketable securities 0.8 4.4
Accounts and other receivables, net 383.7 272.2
Inventories, net 352.7 360.6
Land held for development 21.6 10.9
Other current assets 20.4 17.0
Total current assets 1,217.5 837.4
Other assets:    
Marketable securities 256.7 253.5
Investment in TiO2 manufacturing joint venture, Louisiana Pigment Company, L.P. (“LPC”) 75.1 78.9
Goodwill 379.7 379.7
Deferred income taxes 120.3 1.2
Other noncurrent assets 194.3 238.0
Total other assets 1,026.1 951.3
Property and equipment:    
Land 48.8 45.4
Buildings 259.0 237.5
Treatment, storage and disposal facility   159.6
Equipment 1,123.7 1,070.6
Mining properties 36.9 35.1
Construction in progress 57.7 41.8
Gross property and equipment 1,526.1 1,590.0
Less accumulated depreciation 951.3 935.5
Net property and equipment 574.8 654.5
Total assets 2,818.4 2,443.2
Current liabilities:    
Current maturities of long-term debt 3.9 7.8
Accounts payable and accrued liabilities 327.3 281.2
Income taxes 22.9 5.1
Total current liabilities 354.1 294.1
Noncurrent liabilities:    
Long-term debt 1,102.8 957.2
Deferred income taxes 259.9 275.0
Accrued pension costs 265.8 240.2
Accrued environmental remediation and related costs 107.9 107.3
Accrued postretirement benefits costs 11.3 11.1
Other liabilities 110.4 113.9
Total noncurrent liabilities 1,858.1 1,704.7
Equity: Valhi stockholders' equity:    
Preferred stock 667.3 667.3
Common stock 3.6 3.6
Retained deficit (151.4) (198.5)
Accumulated other comprehensive loss (182.9) (221.9)
Treasury stock (49.6) (49.6)
Total Valhi stockholders’ equity 287.0 200.9
Noncontrolling interest in subsidiaries 319.2 243.5
Total equity 606.2 444.4
Total liabilities and equity 2,818.4 2,443.2
Commitments and contingencies (Notes 13 and 16)