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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 28.4 $ 107.8
Depreciation and amortization 12.8 14.5
Benefit plan expense greater than cash funding 1.1 0.5
Deferred income taxes 3.6 37.2
Gain on sale of WCS   (58.4)
Gain on land sales   (12.5)
Distributions from (contributions to) Ti02 manufacturing joint venture, net (0.8) 5.5
Other, net 1.1 1.6
Change in assets and liabilities:    
Accounts and other receivables, net (46.0) (40.9)
Inventories, net (3.7) (41.8)
Land held for development, net (1.1) (1.4)
Accounts payable and accrued liabilities (4.2) 23.0
Accounts with affiliates 1.8 3.4
Income taxes 1.6 7.5
Other, net 3.2 1.7
Net cash provided by (used in) operating activities (2.2) 47.7
Cash flows from investing activities:    
Capital expenditures (16.8) (16.9)
Cash, cash equivalents and restricted cash and cash equivalents of discontinued operations at time of sale   (28.9)
Proceeds from sale of land   19.5
Purchases of marketable securities (1.0) (3.5)
Disposals of marketable securities 1.7 3.4
Other, net   0.6
Net cash used in investing activities (16.1) (25.8)
Indebtedness:    
Principal payments (2.1) (2.5)
Valhi cash dividends paid (6.8) (6.8)
Distributions to noncontrolling interest in subsidiaries (6.3) (3.9)
Net cash used in financing activities (15.2) (13.2)
Cash, cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities (33.5) 8.7
Effect of exchange rates on cash (2.6) 5.4
Balance at beginning of period 523.7 489.4
Balance at end of period 487.6 503.5
Cash paid for:    
Interest, net of capitalized interest 13.7 19.4
Income taxes, net 6.3 13.7
Noncash investing activities:    
Change in accruals for capital expenditures $ 2.0 1.8
Noncash financing activities:    
Trade payable to affiliate converted to indebtedness   $ 36.3