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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 89.0 $ 78.2 $ 301.0
Depreciation and amortization 68.5 56.8 58.4
Net (gain) loss from:      
Sale of business (4.9) (3.0) (58.4)
Land sales (0.5) (4.4) (12.5)
Securities transactions, net 0.1 (0.3) (12.4)
Disposal of property and equipment, net 0.2 0.3 0.3
Noncash interest expense 2.9 2.4 2.0
Benefit plan expense greater than cash funding 15.2 8.9 5.7
Deferred income taxes (7.0) 7.4 (73.5)
Distributions from (contributions to) TiO2 manufacturing joint venture, net (12.8) (9.3) 4.0
Other, net 8.0 7.7 13.9
Change in assets and liabilities:      
Accounts and other receivables, net (3.1) 8.6 (11.1)
Land held for development, net 16.8 1.1 7.8
Inventories, net 13.1 (8.5) (137.3)
Accounts payable and accrued liabilities (32.8) (14.6) 65.7
Income taxes 6.5 (1.4) (18.2)
Accounts with affiliates (4.3) (1.2) 19.5
Other noncurrent assets (49.5) (6.1) 2.6
Other noncurrent liabilities 53.5 54.2 13.0
Other, net (6.7) 0.4 (5.0)
Net cash provided by operating activities 152.2 177.2 165.5
Cash flows from investing activities:      
Capital expenditures (65.5) (59.9) (61.4)
Proceeds from sale of business 4.9 2.9  
Cash, cash equivalents and restricted cash and cash equivalents of business at time of sale   (0.5) (28.9)
Purchases of marketable securities (3.4) (4.9) (4.4)
Proceeds from land sales   4.6 19.5
Proceeds from disposal of marketable securities 4.3 4.3 18.2
Other, net 2.7 2.8  
Net cash used in investing activities (57.0) (50.7) (57.0)
Indebtedness:      
Borrowings   14.9  
Principal payments (58.5) (11.2) (12.6)
Valhi cash dividends paid (13.6) (27.1) (27.1)
Distributions to noncontrolling interest in subsidiaries (49.4) (37.6) (20.1)
Subsidiary treasury stock acquired (1.0) (3.1)  
Net cash used in financing activities (122.5) (64.1) (59.8)
Cash, cash equivalents and restricted cash and cash equivalents - net change from operating, investing and financing activities (27.3) 62.4 48.7
Effect of exchange rates on cash 13.8 (2.3) (14.4)
Net change for the year (13.5) 60.1 34.3
Balance at beginning of year 583.8 523.7 489.4
Balance at end of year 570.3 583.8 523.7
Cash paid for:      
Interest, net of amounts capitalized 33.1 37.9 53.9
Income taxes, net 24.1 33.4 68.5
Noncash investing activities:      
Changes in accruals for capital expenditures $ 5.9 9.1 5.4
Sale of investment in Amalgamated Sugar Company LLC     250.0
Receivable from sale of business   $ 0.3  
Noncash financing activities:      
Trade payable to affiliate converted to indebtedness     36.3
Deemed repayment of Snake River Sugar Company indebtedness     $ (250.0)