CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 571.5	$ 435.7
Restricted cash equivalents	15.6	16.1
Marketable securities	2.2	3.0
Accounts and other receivables, net	381.7	365.8
Land held for development	9.9	16.5
Inventories, net	464.2	398.4
Other current assets	24.9	15.5
Current assets of discontinued operations		11.2
Total current assets	1,470.0	1,262.2
Other assets:
Marketable securities	5.1	255.7
Investment in TiO2 manufacturing joint venture	79.7	86.5
Goodwill	379.7	379.7
Deferred income taxes	94.8	119.8
Other assets	170.0	174.1
Noncurrent assets of discontinued operations		40.8
Total other assets	729.3	1,056.6
Property and equipment:
Land	46.8	47.0
Buildings	256.1	261.6
Equipment	1,171.2	1,150.8
Mining properties	31.9	35.0
Construction in progress	41.1	58.3
Gross property and equipment	1,547.1	1,552.7
Less accumulated depreciation	977.0	964.0
Net property and equipment	570.1	588.7
Total assets	2,769.4	2,907.5
Current liabilities:
Current maturities of long-term debt	1.6	1.6
Accounts payable and accrual liabilities	343.6	257.1
Income taxes	36.7	25.1
Current liabilities of discontinued operations		47.3
Total current liabilities	381.9	331.1
Noncurrent liabilities:
Long-term debt	809.7	1,041.5
Deferred income taxes	44.9	183.2
Payable to affiliates – income taxes	57.8	70.1
Accrued pension costs	256.7	266.4
Accrued environmental remediation and related costs	97.7	110.7
Accrued postretirement benefits costs	10.8	11.3
Other liabilities	94.9	73.6
Noncurrent liabilities of discontinued operations		52.9
Total noncurrent liabilities	1,372.5	1,809.7
Equity: Valhi stockholders' equity:
Preferred stock	667.3	667.3
Common stock	3.6	3.6
Retained earnings (deficit)	209.3	(17.9)
Accumulated other comprehensive loss	(180.6)	(179.0)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders’ equity	650.0	424.4
Noncontrolling interest in subsidiaries	365.0	342.3
Total equity	1,015.0	766.7
Total liabilities and equity	2,769.4	2,907.5
Commitments and contingencies (Notes 14 and 17)