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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 96.4 $ 325.1
Restricted cash equivalents 5.3 9.4
Marketable securities 22.5 1.7
Accounts and other receivables, net 284.3 261.3
Refundable income taxes 2.1 1.3
Receivable from affiliates 29.6 0.1
Inventories, net 464.5 294.9
Other current assets 20.7 14.1
Deferred income taxes 18.8 13.9
Total current assets 944.2 921.8
Other assets:    
Marketable securities 354.1 340.4
Investment in affiliates 105.7 113.2
Note receivable from affiliate 11.2  
Goodwill 400.1 397.4
Other intangible assets 2.1 0.8
Deferred income taxes 132.7 192.0
Pension asset   0.3
Other assets 164.1 102.3
Total other assets 1,170.0 1,146.4
Property and equipment:    
Land 53.0 54.9
Buildings 276.8 287.4
Equipment 1,188.3 1,170.3
Mining properties 63.5 69.1
Construction in progress 111.2 20.2
Gross property and equipment 1,692.8 1,601.9
Less accumulated depreciation 969.0 955.8
Net property and equipment 723.8 646.1
Total assets 2,838.0 2,714.3
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current maturities of long-term debt 19.0 17.4
Accounts payable 196.3 129.6
Accrued liabilities 146.0 115.8
Payable to affiliates 21.4 30.2
Income taxes 26.5 7.9
Deferred income taxes 6.4 5.0
Total current liabilities 415.6 305.9
Noncurrent liabilities:    
Long-term debt 717.4 922.9
Deferred income taxes 457.2 417.6
Accrued pension costs 144.4 128.1
Accrued environmental remediation and related costs 34.6 32.6
Accrued postretirement benefits costs 20.4 19.5
Other liabilities 55.4 69.5
Total noncurrent liabilities 1,429.4 1,590.2
Equity:    
Preferred stock, $.01 par value; 5,000 shares authorized; 5,000 shares issued 667.3 667.3
Common stock, $.01 par value; 150.0 million shares authorized; 118.4 million shares issued 1.2 1.2
Additional paid-in capital 81.0 76.2
Accumulated deficit (19.4) (183.2)
Accumulated other comprehensive income (loss) (23.3) 21.2
Treasury stock, at cost-4.1 million and 4.4 million shares (49.6) (40.9)
Total Valhi stockholders' equity 657.2 541.8
Noncontrolling interest in subsidiaries 335.8 276.4
Total equity 993.0 818.2
Total liabilities and equity 2,838.0 2,714.3
Commitments and contingencies (Notes 4, 9, 12, 16 and 17)