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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 554.5 $ 435.7
Restricted cash equivalents 14.4 16.1
Marketable securities 1.6 3.0
Accounts and other receivables, net 411.6 365.8
Land held for development 15.1 16.5
Inventories, net 429.4 398.4
Other current assets 16.6 15.5
Current assets of discontinued operations   11.2
Total current assets 1,443.2 1,262.2
Other assets:    
Marketable securities 256.8 255.7
Investment in TiO2 manufacturing joint venture 80.3 86.5
Goodwill 379.7 379.7
Deferred income taxes 98.6 119.8
Other assets 175.5 174.1
Noncurrent assets of discontinued operations   40.8
Total other assets 990.9 1,056.6
Property and equipment:    
Land 46.6 47.0
Buildings 253.7 261.6
Equipment 1,155.7 1,150.8
Mining properties 31.8 35.0
Construction in progress 37.9 58.3
Gross property and equipment 1,525.7 1,552.7
Less accumulated depreciation 958.9 964.0
Net property and equipment 566.8 588.7
Total assets 3,000.9 2,907.5
Current liabilities:    
Current maturities of long-term debt 1.6 1.6
Accounts payable and accrual liabilities 337.1 257.1
Income taxes 44.9 25.1
Current liabilities of discontinued operations   47.3
Total current liabilities 383.6 331.1
Noncurrent liabilities:    
Long-term debt 1,061.7 1,041.5
Deferred income taxes 157.6 183.2
Payable to affiliates 64.0 70.1
Accrued pension costs 257.5 266.4
Accrued environmental remediation and related costs 101.3 110.7
Accrued postretirement benefits costs 10.7 11.3
Other liabilities 94.1 73.6
Noncurrent liabilities of discontinued operations   52.9
Total noncurrent liabilities 1,746.9 1,809.7
Equity: Valhi stockholders' equity:    
Preferred stock 667.3 667.3
Common stock 3.6 3.6
Retained earnings (deficit) 72.6 (17.9)
Accumulated other comprehensive loss (185.2) (179.0)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders’ equity 508.7 424.4
Noncontrolling interest in subsidiaries 361.7 342.3
Total equity 870.4 766.7
Total liabilities and equity 3,000.9 2,907.5
Commitments and contingencies (Notes 14 and 17)