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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ 33.7 $ 46.6
Depreciation and amortization 34.3 26.8
Benefit plan expense greater than cash funding 7.7 3.9
Deferred income taxes (9.0) 9.1
Contributions to TiO2 manufacturing joint venture, net (6.3) (4.4)
Other, net 6.4 1.9
Change in assets and liabilities:    
Accounts and other receivables, net (9.0) (90.2)
Inventories, net (7.4) 11.1
Land held for development, net (5.0) 0.1
Accounts payable and accrued liabilities (59.2) 12.1
Accounts with affiliates (13.2) (7.2)
Income taxes 41.1 (6.5)
Other, net (8.1) 29.5
Net cash provided by operating activities 6.0 32.8
Cash flows from investing activities:    
Capital expenditures (26.7) (28.3)
Purchases of marketable securities (0.9) (2.9)
Proceeds from disposal of marketable securities 1.8 3.1
Other, net 2.7 0.1
Net cash used in investing activities (23.1) (28.0)
Cash flows from financing activities:    
Principal payments on indebtedness (9.0) (4.6)
Valhi cash dividends paid (9.0) (13.6)
Distributions to noncontrolling interest in subsidiaries (13.2) (14.7)
Subsidiary treasury stock acquired (1.0) (1.4)
Net cash used in financing activities (32.2) (34.3)
Cash, cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities (49.3) (29.5)
Effect of exchange rates on cash (0.4) (0.6)
Balance at beginning of period 583.8 523.7
Balance at end of period 534.1 493.6
Cash paid for:    
Interest, net of capitalized interest 16.8 19.5
Income taxes, net 1.1 28.5
Noncash investing activities:    
Change in accruals for capital expenditures $ 1.4 $ 1.7