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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 554.7 $ 518.6
Restricted cash equivalents 22.9 13.9
Marketable securities 2.5 4.4
Accounts and other receivables, net 412.4 342.3
Inventories, net 448.0 538.2
Other current assets 76.2 36.0
Total current assets 1,516.7 1,453.4
Other assets:    
Investment in TiO2 manufacturing joint venture 105.5 103.3
Goodwill 379.7 379.7
Deferred income taxes 105.1 120.2
Other assets 207.7 242.3
Total other assets 798.0 845.5
Property and equipment:    
Land 50.3 49.6
Buildings 255.9 268.7
Equipment 1,204.1 1,234.8
Mining properties 21.9 30.2
Construction in progress 81.1 64.5
Gross property and equipment 1,613.3 1,647.8
Less accumulated depreciation and amortization 1,049.7 1,057.4
Net property and equipment 563.6 590.4
Total assets 2,878.3 2,889.3
Current liabilities:    
Current maturities of long-term debt 2.5 2.4
Accounts payable and accrued liabilities 321.7 300.0
Income taxes 12.4 15.7
Total current liabilities 336.6 318.1
Noncurrent liabilities:    
Long-term debt 693.0 786.2
Deferred income taxes 28.3 29.6
Payable to affiliate - income taxes 44.5 50.4
Accrued pension costs 354.1 379.0
Accrued environmental remediation and related costs 94.2 95.2
Other liabilities 257.9 223.9
Total noncurrent liabilities 1,472.0 1,564.3
Equity: Valhi stockholders' equity:    
Common stock 0.3 0.3
Additional paid-in capital 669.5 668.3
Retained earnings 351.3 282.9
Accumulated other comprehensive loss (215.0) (219.4)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders' equity 756.5 682.5
Noncontrolling interest in subsidiaries 313.2 324.4
Total equity 1,069.7 1,006.9
Total liabilities and equity 2,878.3 2,889.3
Commitments and contingencies (Notes 6, 12 and 15)