CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 491.2	$ 523.8
Restricted cash equivalents	9.4	27.0
Marketable securities	1.8	2.1
Accounts and other receivables, net	337.6	329.2
Inventories, net	521.0	522.1
Other current assets	37.6	21.2
Total current assets	1,398.6	1,425.4
Other assets:
Investment in TiO2 manufacturing joint venture	96.5	90.2
Goodwill	379.7	379.7
Deferred income taxes	120.2	106.0
Other assets	219.6	230.1
Total other assets	816.0	806.0
Property and equipment:
Land	46.4	46.2
Buildings	244.2	248.0
Equipment	1,162.2	1,166.0
Mining properties	13.8	26.2
Construction in progress	63.5	62.7
Gross property and equipment	1,530.1	1,549.1
Less accumulated depreciation and amortization	993.6	986.1
Net property and equipment	536.5	563.0
Total assets	2,751.1	2,794.4
Current liabilities:
Current maturities of long-term debt	3.1	4.9
Accounts payable and accrued liabilities	245.9	307.4
Income taxes	46.8	10.2
Total current liabilities	295.8	322.5
Noncurrent liabilities:
Long-term debt	783.3	789.4
Deferred income taxes	44.3	38.1
Payable to affiliate - income taxes	50.4	56.3
Accrued pension costs	315.2	315.6
Accrued environmental remediation and related costs	94.5	95.2
Other liabilities	192.1	197.2
Total noncurrent liabilities	1,479.8	1,491.8
Equity: Valhi stockholders' equity:
Preferred stock	667.3	667.3
Common stock	0.3	0.3
Additional paid-in capital	1.5	3.3
Retained earnings	247.1	239.4
Accumulated other comprehensive loss	(232.0)	(220.7)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders' equity	634.6	640.0
Noncontrolling interest in subsidiaries	340.9	340.1
Total equity	975.5	980.1
Total liabilities and equity	2,751.1	2,794.4
Commitments and contingencies (Notes 13 and 16)