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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 478.8 $ 435.7
Restricted cash equivalents 15.4 16.1
Marketable securities 0.6 3.0
Accounts and other receivables, net 416.5 365.8
Land held for development 8.4 16.5
Inventories, net 447.3 398.4
Other current assets 15.2 15.5
Current assets of discontinued operations   11.2
Total current assets 1,382.2 1,262.2
Other assets:    
Marketable securities 258.1 255.7
Investment in TiO2 manufacturing joint venture 79.6 86.5
Goodwill 379.7 379.7
Deferred income taxes 112.9 119.8
Other assets 189.6 174.1
Noncurrent assets of discontinued operations   40.8
Total other assets 1,019.9 1,056.6
Property and equipment:    
Land 48.2 47.0
Buildings 264.0 261.6
Equipment 1,200.0 1,150.8
Mining properties 35.3 35.0
Construction in progress 33.3 58.3
Gross property and equipment 1,580.8 1,552.7
Less accumulated depreciation 985.2 964.0
Net property and equipment 595.6 588.7
Total assets 2,997.7 2,907.5
Current liabilities:    
Current maturities of long-term debt 1.6 1.6
Accounts payable and accrual liabilities 290.0 257.1
Income taxes 32.9 25.1
Current liabilities of discontinued operations   47.3
Total current liabilities 324.5 331.1
Noncurrent liabilities:    
Long-term debt 1,089.4 1,041.5
Deferred income taxes 169.1 183.2
Payable to affiliates 70.1 70.1
Accrued pension costs 272.0 266.4
Accrued environmental remediation and related costs 101.6 110.7
Accrued postretirement benefits costs 10.9 11.3
Other liabilities 79.3 73.6
Noncurrent liabilities of discontinued operations   52.9
Total noncurrent liabilities 1,792.4 1,809.7
Equity: Valhi stockholders' equity:    
Preferred stock 667.3 667.3
Common stock 3.6 3.6
Retained earnings (deficit) 67.3 (17.9)
Accumulated other comprehensive loss (170.2) (179.0)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders’ equity 518.4 424.4
Noncontrolling interest in subsidiaries 362.4 342.3
Total equity 880.8 766.7
Total liabilities and equity 2,997.7 2,907.5
Commitments and contingencies (Notes 14 and 17)