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Investment in TiO2 Manufacturing Joint Venture and Other Assets (Tables) | 12 Months Ended
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Dec. 31, 2015
Investment in TiO2 Manufacturing Joint Venture and Other Assets |
|  | December 31, |
|  | 2014 |  |  | 2015 |
|  | (In millions) |
Other assets: |  |  |  |  |  |  |  |
Land held for development |  | $ | 165.1 |  |  | $ | 157.2 |
Waste disposal site operating permits, net |  |  | 53.2 |  |  |  | 48.1 |
Restricted cash |  |  | 13.9 |  |  |  | 19.6 |
IBNR receivables |  |  | 6.8 |  |  |  | 7.0 |
Capital lease deposit |  |  | 6.2 |  |  |  | 6.2 |
Intangible assets |  |  | 5.1 |  |  |  | 5.1 |
Other |  |  | 27.5 |  |  |  | 11.8 |
Total |  | $ | 277.8 |  |  | $ | 255.0 |
Summary of Financial Information | The components of our net distributions (contributions) from LPC are shown in the table below.
|  | Years ended December 31, |
|  | 2013 |  |  | 2014 |  |  | 2015 |
|  | (In millions) |
Distributions from LPC |  | $ | 70.7 |  |  | $ | 48.0 |  |  | $ | 48.2 |
Contributions to LPC |  |  | (59.8 | ) |  |  | (37.4 | ) |  |  | (41.7 | )
Net distributions |  | $ | 10.9 |  |  | $ | 10.6 |  |  | $ | 6.5 |
Components of Net Capitalized Permit Costs | The components of net capitalized permit costs are presented in the table below.
|  | December 31, |
|  | 2014 |  |  | 2015 |
|  | (In millions) |
Net permit costs for issued permits which are being amortized: |  |  |  |
LLRW license (expires in 2024) |  | $ | 49.6 |  |  | $ | 44.7 |
Byproduct license (expires in 2018) |  |  | 3.5 |  |  |  | 2.5 |
Other (expires 2015—2024) |  |  | .1 |  |  |  | .1 |
Total amortized permits |  |  | 53.2 |  |  |  | 47.3 |
Permits not being amortized |  |  | — |  |  |  | .8 |
Total |  | $ | 53.2 |  |  | $ | 48.1 |
LPC |
Summary of Financial Information | Summary balance sheets of LPC are shown below:
|  | December 31, |
|  | 2014 |  |  | 2015 |
|  | (In millions) |
ASSETS |  |  |  |  |  |  |  |
Current assets |  | $ | 107.4 |  |  | $ | 96.2 |
Property and equipment, net |  |  | 110.6 |  |  |  | 110.1 |
Total assets |  | $ | 218.0 |  |  | $ | 206.3 |
LIABILITIES AND PARTNERS’ EQUITY |  |  |  |  |  |  |  |
Other liabilities, primarily current |  | $ | 37.3 |  |  | $ | 37.8 |
Partners’ equity |  |  | 180.7 |  |  |  | 168.5 |
Total liabilities and partners’ equity |  | $ | 218.0 |  |  | $ | 206.3 |
Summary income statements of LPC are shown below:
|  | Years ended December 31, |
|  | 2013 |  |  | 2014 |  |  | 2015 |
|  | (In millions) |
Revenues and other income: |  |  |  |  |  |  |  |  |  |  |  |
Kronos |  | $ | 224.5 |  |  | $ | 193.1 |  |  | $ | 176.5 |
Tioxide |  |  | 224.6 |  |  |  | 193.8 |  |  |  | 162.5 |
Total |  |  | 449.1 |  |  |  | 386.9 |  |  |  | 339.0 |
Cost and expenses: |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales |  |  | 448.7 |  |  |  | 386.4 |  |  |  | 338.5 |
General and administrative |  |  | .4 |  |  |  | .5 |  |  |  | .5 |
Total |  |  | 449.1 |  |  |  | 386.9 |  |  |  | 339.0 |
Net income |  | $ | — |  |  | $ | — |  |  | $ | — |
Basic Management Inc And Landwell |
Summary of Financial Information |
|  | Twelve Months ended September 30, 2013 |
|  | (in millions) |
Total revenues |  | $ | 9.5 |
Loss before income taxes |  |  | (3.9 | )
Net loss |  |  | (3.7 | )

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