CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 463.9	$ 499.8
Restricted cash equivalents	15.1	15.0
Marketable securities	1.9	2.5
Accounts and other receivables, net	389.9	352.6
Land held for development	1.3
Inventories, net	515.1	515.8
Other current assets	17.9	23.1
Total current assets	1,405.1	1,408.8
Other assets:
Investment in TiO2 manufacturing joint venture	82.1	81.3
Goodwill	379.7	379.7
Deferred income taxes	96.0	101.0
Other assets	203.7	175.3
Total other assets	761.5	737.3
Property and equipment:
Land	46.4	46.6
Buildings	246.1	250.5
Equipment	1,143.6	1,155.2
Mining properties	22.8	28.6
Construction in progress	52.0	44.2
Gross property and equipment	1,510.9	1,525.1
Less accumulated depreciation	952.8	961.6
Net property and equipment	558.1	563.5
Total assets	2,724.7	2,709.6
Current liabilities:
Current maturities of long-term debt	2.9	2.9
Accounts payable and accrual liabilities	335.7	339.0
Income taxes	9.1	9.1
Total current liabilities	347.7	351.0
Noncurrent liabilities:
Long-term debt	786.3	797.5
Deferred income taxes	42.3	41.2
Payable to affiliates	56.3	56.3
Accrued pension costs	266.5	273.3
Accrued environmental remediation and related costs	96.1	96.9
Other liabilities	123.4	104.4
Total noncurrent liabilities	1,370.9	1,369.6
Equity: Valhi stockholders' equity:
Preferred stock	667.3	667.3
Common stock	3.6	3.6
Retained earnings	231.7	220.3
Accumulated other comprehensive loss	(204.9)	(206.2)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders’ equity	648.1	635.4
Noncontrolling interest in subsidiaries	358.0	353.6
Total equity	1,006.1	989.0
Total liabilities and equity	2,724.7	2,709.6
Commitments and contingencies (Notes 13 and 16)