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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 59.8 $ 148.4
Depreciation 22.5 24.5
Amortization of operating lease right-of-use assets 3.4  
Deferred income taxes 6.9 17.2
Benefit plan expense greater than cash funding 4.5 4.0
Marketable equity securities (1.8) 2.4
Distributions from (contributions to) TiO2 manufacturing joint venture, net (4.4) 4.8
Other, net 1.2 1.8
Change in assets and liabilities:    
Accounts and other receivables (90.5) (59.6)
Inventories 11.9 (40.4)
Prepaid expenses 4.1 (3.2)
Accounts payable and accrued liabilities 23.7 24.0
Income taxes (7.6) 20.4
Accounts with affiliates (7.0) 23.3
Other, net (0.7) 2.1
Net cash provided by operating activities 26.0 169.7
Cash flows from investing activities:    
Capital expenditures (25.5) (24.8)
Net cash used in investing activities (27.2) (11.2)
Cash flows from financing activities:    
Payments on long-term debt (0.3) (0.3)
Dividends paid (41.7) (39.4)
Treasury stock acquired (1.4)  
Net cash used in financing activities (43.4) (39.7)
Cash, cash equivalents and restricted cash - net change from:    
Operating, investing and financing activities (44.6) 118.8
Currency translation (0.6) (9.3)
Balance at beginning of period 374.7 323.7
Balance at end of period 329.5 433.2
Cash paid for:    
Interest, net of amount capitalized 8.9 9.3
Income taxes 29.5 11.5
Accrual for capital expenditures 1.7 1.9
Valhi    
Cash flows from investing activities:    
Loans (7.1) (2.6)
Collections $ 5.4 $ 16.2