XML 58 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 115.7 $ 366.9
Restricted cash equivalents 5.3 8.1
Accounts and other receivables, net 352.0 302.5
Inventories, net 407.1 650.3
Other current assets 26.7 26.0
Deferred income taxes 22.9 9.6
Total current assets 929.7 1,363.4
Other assets:    
Marketable securities 253.6 256.8
Investment in affiliates 121.3 126.1
Goodwill 379.7 379.7
Deferred income taxes 162.3 120.3
Other noncurrent assets 174.6 161.1
Total other assets 1,091.5 1,044.0
Property and equipment:    
Land 48.7 48.3
Buildings 280.2 280.5
Equipment 1,136.4 1,127.7
Treatment, storage and disposal facility 158.9 158.7
Mining properties 64.6 72.3
Construction in progress 61.4 40.7
Gross property and equipment 1,750.2 1,728.2
Less accumulated depreciation 994.0 965.1
Net property and equipment 756.2 763.1
Total assets 2,777.4 3,170.5
Current liabilities:    
Current maturities of long-term debt 29.7 29.6
Accounts payable and accrued liabilities 331.7 334.6
Income taxes 0.2 23.1
Deferred income taxes 11.2 11.2
Total current liabilities 372.8 398.5
Noncurrent liabilities:    
Long-term debt 701.6 880.5
Deferred income taxes 431.3 454.8
Accrued pension costs 195.4 202.9
Accrued environmental remediation and related costs 53.6 42.6
Accrued postretirement benefits costs 20.6 21.2
Other liabilities 91.3 78.3
Total noncurrent liabilities 1,493.8 1,680.3
Equity: Valhi stockholders equity:    
Preferred stock 667.3 667.3
Common stock 3.6 3.6
Additional paid-in capital 44.7 78.9
Retained earnings (deficit) (55.3) 75.4
Accumulated other comprehensive loss (35.8) (42.0)
Treasury stock (49.6) (49.6)
Total Valhi stockholders’ equity 574.9 733.6
Noncontrolling interest in subsidiaries 335.9 358.1
Total equity 910.8 1,091.7
Total liabilities and equity 2,777.4 3,170.5
Commitments and contingencies (Notes 13 and 16)