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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 546.0 $ 518.6
Restricted cash equivalents 17.2 13.9
Marketable securities 2.4 4.4
Accounts and other receivables, net 362.8 342.3
Inventories, net 491.9 538.2
Other current assets 47.7 36.0
Total current assets 1,468.0 1,453.4
Other assets:    
Investment in TiO2 manufacturing joint venture 106.7 103.3
Goodwill 379.7 379.7
Deferred income taxes 112.0 120.2
Other assets 232.5 242.3
Total other assets 830.9 845.5
Property and equipment:    
Land 48.7 49.6
Buildings 257.8 268.7
Equipment 1,205.0 1,234.8
Mining properties 24.3 30.2
Construction in progress 67.9 64.5
Gross property and equipment 1,603.7 1,647.8
Less accumulated depreciation and amortization 1,034.8 1,057.4
Net property and equipment 568.9 590.4
Total assets 2,867.8 2,889.3
Current liabilities:    
Current maturities of long-term debt 2.4 2.4
Accounts payable and accrued liabilities 291.9 300.0
Income taxes 17.2 15.7
Total current liabilities 311.5 318.1
Noncurrent liabilities:    
Long-term debt 763.1 786.2
Deferred income taxes 30.2 29.6
Payable to affiliate - income taxes 50.4 50.4
Accrued pension costs 361.8 379.0
Accrued environmental remediation and related costs 94.7 95.2
Other liabilities 227.5 223.9
Total noncurrent liabilities 1,527.7 1,564.3
Equity: Valhi stockholders' equity:    
Common stock 0.3 0.3
Additional paid-in capital 669.2 668.3
Retained earnings 295.5 282.9
Accumulated other comprehensive loss (215.8) (219.4)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders' equity 699.6 682.5
Noncontrolling interest in subsidiaries 329.0 324.4
Total equity 1,028.6 1,006.9
Total liabilities and equity 2,867.8 2,889.3
Commitments and contingencies (Notes 13 and 16)