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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 $ 181.1 $ 126.1
Depreciation and amortization 32.9 31.9
Litigation settlement gain (14.7)  
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 less than cash funding requirements:    
Defined benefit pension expense (0.5) (0.9)
Other postretirement benefit expense (0.7) (0.9)
Deferred income taxes 32.4 31.1
Net distributions from (contributions to) Ti02 manufacturing joint venture (19.4) 3.0
Other, net 2.2 2.3
Change in assets and liabilities:    
Accounts and other receivables, net (170.2) (121.7)
Inventories, net (217.9) (19.4)
Accounts payable and accrued liabilities 48.4 (2.5)
Accounts with affiliates 43.6 1.7
Income taxes (1.8) 12.6
Other, net 7.2 (3.0)
Net cash provided (used in) operating activities (76.4) 61.1
Cash flows from investing activities:    
Capital expenditures (49.4) (54.0)
Capitalized permit costs (1.9) (3.6)
Purchases of:    
Mutual funds   (241.3)
Other marketable securities (4.0) (5.0)
Titanium Metals Corporation ("TIMET") common stock   (30.4)
Proceeds from:    
Disposal of mutual funds 21.1 162.0
Disposal of other marketable securities 5.3 3.4
Sale of business   0.3
Real estate-related litigation settlement 15.6  
Change in restricted cash equivalents, net (3.3) 1.0
Other, net 2.5 (8.2)
Net cash used in investing activities (14.1) (175.8)
Indebtedness:    
Borrowings 503.3 113.3
Principal payments (359.6) (187.7)
Deferred financing costs paid (4.5)  
Valhi cash dividends paid (31.1) (25.5)
Distributions to noncontrolling interest in subsidiaries (9.3) (20.1)
Treasury stock acquired   (9.5)
Issuance of subsidiary common stock and other, net (0.1) 0.5
Net cash provided by (used in) financing activities 98.7 (129.0)
Cash and cash equivalents - net change from:    
Operating, investing and financing activities 8.2 (243.7)
Effect of exchange rate on cash (1.4) 2.5
Cash and cash equivalents at beginning of period 96.4 325.1
Cash and cash equivalents at end of period 103.2 83.9
Cash paid for:    
Interest, net of capitalized interest (including call premium paid) 36.9 37.5
Income taxes, net 54.3 31.1
Noncash investing activities:    
Accrual for capital expenditures 7.5 14.2
Accrual for capitalized permit costs $ 4.2 $ 1.0