Fair Value Measurements and Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

Financial Instruments not Carried at Fair Value

The following table presents the financial instruments that are not carried at fair value but which require fair value disclosure:

	December 31, 2019				September 30, 2020
	Carrying amount		Fair value		Carrying amount		Fair value
	(In millions)
Cash, cash equivalents and restricted cash equivalents	$	583.8	$	583.8	$	546.7	$	546.7
Deferred payment obligation		9.9		9.9		9.0		9.9
Long-term debt (excluding capitalized leases):
Kronos Senior Notes		442.6		457.0		464.7		465.0
Valhi credit facility with Contran		313.0		313.0		301.2		301.2
Tremont promissory note payable		2.0		2.0		-		-
BMI bank note payable		17.2		17.9		16.3		16.9
LandWell note payable to the City of Henderson		1.6		1.6		-		-
LandWell bank note payable		15.0		15.0		14.5		14.5