Accounts Payable and Accrued Liabilities

9 Months Ended

Sep. 30, 2016

Accounts Payable and Accrued Liabilities

Note 6 - Accounts payable and accrued liabilities:

	December 31,		September 30,
	2015		2016
	(In millions)
Accounts payable	$	96.1	$	81.2
Employee benefits		14.2		20.9
Accrued sales discounts and rebates		18.9		19.6
Reserve for uncertain tax positions		-		3.3
Interest rate swap contract		3.3		3.3
Accrued workforce reduction costs		5.3		3.0
Accrued interest		.2		.1
Payable to affiliates:
Louisiana Pigment Company, L.P.		19.4		12.7
Income taxes, net - Valhi		.1		-
Other		34.7		35.0
Total	$	192.2	$	179.1

During the first nine months of 2016, we made an aggregate of $2.4 million in payments with respect to workforce reduction costs accrued as of December 31, 2015. See Note 13 for a discussion of the interest rate swap contract.