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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 201.4 $ 149.3
Depreciation and amortization 23.9 23.8
Deferred income taxes 28.2 28.7
Loss on prepayment of debt 7.2 3.3
Call premium and interest paid on Senior Notes redeemed (6.2) (2.5)
Benefit plan expense greater (less) than cash funding:    
Defined benefit pension plans (0.6) (0.8)
Other postretirement benefits 0.1 (0.1)
Distributions from (contributions to) TiO2 manufacturing joint venture, net (19.4) 3.0
Other, net 2.4 1.8
Change in assets and liabilities:    
Accounts and other receivables (167.4) (119.0)
Inventories (218.0) (17.0)
Prepaid expenses (0.5) 1.7
Accounts payable and accrued liabilities 45.5 (5.2)
Income taxes (0.2) 11.7
Accounts with affiliates 34.7 1.4
Other, net 1.9 0.1
Net cash provided by (used in) operating activities (67.0) 80.2
Cash flows from investing activities:    
Capital expenditures (31.9) (24.6)
Change in restricted cash equivalents (2.0) 0.2
Loans to Valhi:    
Loans (68.6) (82.9)
Collections 49.8 75.8
Proceeds from sale of marketable securities - mutual funds 21.1 162.0
Purchase of marketable securities:    
Other, net   (5.1)
Net cash used in investing activities (31.6) (159.1)
Indebtedness:    
Borrowings 501.4 113.3
Principal payments (353.1) (179.5)
Dividends paid (34.8) (89.8)
Deferred financing fees (4.5)  
Other, net   (0.1)
Net cash provided by (used in) financing activities 109.0 (156.1)
Cash and cash equivalents - net change from:    
Operating, investing and financing activities 10.4 (235.0)
Currency translation (1.3) 2.5
Balance at beginning of period 82.5 304.7
Balance at end of period 91.6 72.2
Cash paid for:    
Interest (including call premium paid) 22.0 21.4
Income taxes 72.1 40.0
Accrual for capital expenditures 3.2 6.7
Mutual Funds [Member]
   
Purchase of marketable securities:    
Purchase of marketable securities   (241.3)
TIMET Common Stock [Member]
   
Purchase of marketable securities:    
Purchase of marketable securities   (30.4)
Valhi Common Stock [Member]
   
Purchase of marketable securities:    
Purchase of marketable securities   $ (12.8)