CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 499.8	$ 435.7
Restricted cash equivalents	15.0	16.1
Marketable securities	2.5	3.0
Accounts and other receivables, net	318.4	332.7
Accrued insurance recovery related to litigation settlement	15.0
Refundable income taxes	5.7	0.5
Receivable from affiliates	13.5	32.6
Land held for development		16.5
Inventories, net	515.8	398.4
Other current assets	23.1	15.5
Current assets of discontinued operations		11.2
Total current assets	1,408.8	1,262.2
Other assets:
Marketable securities	4.8	255.7
Investment in TiO2 manufacturing joint venture	81.3	86.5
Goodwill	379.7	379.7
Deferred income taxes	101.0	119.8
Pension asset	2.7	4.2
Other assets	167.8	169.9
Noncurrent assets of discontinued operations		40.8
Total other assets	737.3	1,056.6
Property and equipment:
Land	46.6	47.0
Buildings	250.5	261.6
Equipment	1,155.2	1,150.8
Mining properties	28.6	35.0
Construction in progress	44.2	58.3
Gross property and equipment	1,525.1	1,552.7
Less accumulated depreciation	961.6	964.0
Net property and equipment	563.5	588.7
Total assets	2,709.6	2,907.5
Current liabilities:
Current maturities of long-term debt	2.9	1.6
Accounts payable	111.5	116.1
Accrued liabilities	140.8	124.8
Accrued litigation settlement	60.0
Payable to affiliates	26.7	16.2
Income taxes	9.1	25.1
Current liabilities of discontinued operations		47.3
Total current liabilities	351.0	331.1
Noncurrent liabilities:
Long-term debt	797.5	1,041.5
Deferred income taxes	41.2	183.2
Payable to affiliates	56.3	70.1
Long-term litigation settlement	17.0
Accrued pension costs	273.3	266.4
Accrued environmental remediation and related costs	96.9	110.7
Other liabilities	87.4	84.9
Noncurrent liabilities of discontinued operations		52.9
Total noncurrent liabilities	1,369.6	1,809.7
Equity: Valhi stockholders' equity:
Preferred stock, $.01 par value; 5,000 shares authorized; 5,000 shares issued	667.3	667.3
Common stock, $.01 par value; 500.0 million shares authorized; 355.3 million shares issued and outstanding	3.6	3.6
Retained earnings (deficit)	220.3	(17.9)
Accumulated other comprehensive loss	(206.2)	(179.0)
Treasury stock, at cost—13.2 million shares	(49.6)	(49.6)
Total Valhi stockholders’ equity	635.4	424.4
Noncontrolling interest in subsidiaries	353.6	342.3
Total equity	989.0	766.7
Total liabilities and equity	2,709.6	2,907.5
Commitments and contingencies (Notes 9,14,17 and 18)