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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 119.5 $ 53.2
Depreciation and amortization 15.7 15.6
Loss on prepayment of debt   3.3
Call premium paid   (2.5)
Benefit plan expense greater (less) than cash funding requirements:    
Defined benefit pension expense 0.1 (2.1)
Other postretirement benefit expense (0.5) (0.5)
Deferred income taxes 25.2 12.6
Net distributions from (contributions to) Ti02 manufacturing joint venture (18.8) 1.1
Other, net   0.4
Change in assets and liabilities:    
Accounts and other receivables, net (163.4) (56.7)
Inventories, net (126.1) (38.6)
Accounts payable and accrued liabilities (8.0) 13.4
Accounts with affiliates 29.0 1.6
Income taxes 11.6 9.9
Other, net 1.3 (8.2)
Net cash provided by (used in) operating activities (114.4) 2.5
Cash flows from investing activities:    
Capital expenditures (34.6) (24.0)
Capitalized permit costs (0.9) (1.4)
Purchases of:    
Mutual funds   (197.8)
Other marketable securities (0.5) (2.2)
Titanium Metals Corporation ("TIMET") common stock   (20.4)
Proceeds from:    
Disposal of mutual funds 21.1 92.0
Disposal of other marketable securities 2.8 2.9
Sale of business   0.3
Change in restricted cash equivalents, net (2.3) 2.6
Other, net 2.1 (0.8)
Net cash used in investing activities (12.3) (148.8)
Cash flows from financing activities:    
Borrowings 108.5 113.3
Principal payments (2.1) (121.3)
Valhi cash dividends paid (14.1) (11.4)
Distributions to noncontrolling interest in subsidiaries (4.7) (15.4)
Treasury stock acquired   (3.7)
Issuance of subsidiary common stock   0.3
Other, net   (0.1)
Net cash provided by (used in) financing activities 87.6 (38.3)
Cash and cash equivalents - net change from:    
Operating, investing and financing activities (39.1) (184.6)
Effect of exchange rate on cash 0.4 2.7
Cash and cash equivalents at beginning of period 96.4 325.1
Cash and cash equivalents at end of period 57.7 143.2
Cash paid for:    
Interest, net of capitalized interest (including call premium paid) 7.4 13.9
Income taxes, net 23.9 11.6
Noncash investing activities:    
Accrual for capital expenditures 6.1 10.4
Accrual for capitalized permit costs $ 3.5 $ 0.5