CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 497.8	$ 523.8
Restricted cash equivalents	15.1	27.0
Marketable securities	1.4	2.1
Accounts and other receivables, net	333.3	329.2
Inventories, net	524.2	522.1
Other current assets	55.8	21.2
Total current assets	1,427.6	1,425.4
Other assets:
Investment in TiO2 manufacturing joint venture	96.7	90.2
Goodwill	379.7	379.7
Deferred income taxes	112.0	106.0
Other assets	238.0	230.1
Total other assets	826.4	806.0
Property and equipment:
Land	47.7	46.2
Buildings	252.3	248.0
Equipment	1,199.3	1,166.0
Mining properties	16.0	26.2
Construction in progress	74.8	62.7
Gross property and equipment	1,590.1	1,549.1
Less accumulated depreciation and amortization	1,037.8	986.1
Net property and equipment	552.3	563.0
Total assets	2,806.3	2,794.4
Current liabilities:
Current maturities of long-term debt	3.2	4.9
Accounts payable and accrued liabilities	281.1	307.4
Income taxes	23.1	10.2
Total current liabilities	307.4	322.5
Noncurrent liabilities:
Long-term debt	796.2	789.4
Deferred income taxes	35.3	38.1
Payable to affiliate - income taxes	50.4	56.3
Accrued pension costs	328.6	315.6
Accrued environmental remediation and related costs	94.3	95.2
Other liabilities	197.1	197.2
Total noncurrent liabilities	1,501.9	1,491.8
Equity: Valhi stockholders' equity:
Preferred stock		667.3
Common stock	0.3	0.3
Additional paid-in capital	668.3	3.3
Retained earnings	260.7	239.4
Accumulated other comprehensive loss	(222.9)	(220.7)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders' equity	656.8	640.0
Noncontrolling interest in subsidiaries	340.2	340.1
Total equity	997.0	980.1
Total liabilities and equity	2,806.3	2,794.4
Commitments and contingencies (Notes 13 and 16)