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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 470.5 $ 499.8
Restricted cash equivalents 14.9 15.0
Marketable securities 2.2 2.5
Accounts and other receivables, net 420.9 352.6
Inventories, net 507.2 515.8
Other current assets 15.5 23.1
Total current assets 1,431.2 1,408.8
Other assets:    
Investment in TiO2 manufacturing joint venture 85.7 81.3
Goodwill 379.7 379.7
Deferred income taxes 92.7 101.0
Other assets 227.2 175.3
Total other assets 785.3 737.3
Property and equipment:    
Land 46.9 46.6
Buildings 249.4 250.5
Equipment 1,160.7 1,155.2
Mining properties 28.0 28.6
Construction in progress 54.2 44.2
Gross property and equipment 1,539.2 1,525.1
Less accumulated depreciation 976.7 961.6
Net property and equipment 562.5 563.5
Total assets 2,779.0 2,709.6
Current liabilities:    
Current maturities of long-term debt 2.9 2.9
Accounts payable and accrued liabilities 315.1 339.0
Income taxes 0.3 9.1
Total current liabilities 318.3 351.0
Noncurrent liabilities:    
Long-term debt 790.1 797.5
Deferred income taxes 46.3 41.2
Payable to affiliates 56.3 56.3
Accrued pension costs 269.7 273.3
Accrued environmental remediation and related costs 95.9 96.9
Other liabilities 185.4 104.4
Total noncurrent liabilities 1,443.7 1,369.6
Equity: Valhi stockholders' equity:    
Preferred stock 667.3 667.3
Common stock 3.6 3.6
Retained earnings 230.2 220.3
Accumulated other comprehensive loss (198.5) (206.2)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders’ equity 653.0 635.4
Noncontrolling interest in subsidiaries 364.0 353.6
Total equity 1,017.0 989.0
Total liabilities and equity 2,779.0 2,709.6
Commitments and contingencies (Notes 13 and 16)