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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 520.1 $ 518.6
Restricted cash equivalents 12.3 13.9
Marketable securities 3.7 4.4
Accounts and other receivables, net 374.2 342.3
Inventories, net 450.1 538.2
Other current assets 63.7 36.0
Total current assets 1,424.1 1,453.4
Other assets:    
Investment in TiO2 manufacturing joint venture 103.5 103.3
Goodwill 379.7 379.7
Deferred income taxes 111.0 120.2
Other assets 219.7 242.3
Total other assets 813.9 845.5
Property and equipment:    
Land 49.1 49.6
Buildings 260.9 268.7
Equipment 1,221.4 1,234.8
Mining properties 23.9 30.2
Construction in progress 73.6 64.5
Gross property and equipment 1,628.9 1,647.8
Less accumulated depreciation and amortization 1,057.8 1,057.4
Net property and equipment 571.1 590.4
Total assets 2,809.1 2,889.3
Current liabilities:    
Current maturities of long-term debt 2.5 2.4
Accounts payable and accrued liabilities 252.1 300.0
Income taxes 6.8 15.7
Total current liabilities 261.4 318.1
Noncurrent liabilities:    
Long-term debt 742.7 786.2
Deferred income taxes 29.9 29.6
Payable to affiliate - income taxes 44.5 50.4
Accrued pension costs 364.5 379.0
Accrued environmental remediation and related costs 94.5 95.2
Other liabilities 226.2 223.9
Total noncurrent liabilities 1,502.3 1,564.3
Equity: Valhi stockholders' equity:    
Common stock 0.3 0.3
Additional paid-in capital 669.5 668.3
Retained earnings 314.6 282.9
Accumulated other comprehensive loss (212.1) (219.4)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders' equity 722.7 682.5
Noncontrolling interest in subsidiaries 322.7 324.4
Total equity 1,045.4 1,006.9
Total liabilities and equity 2,809.1 2,889.3
Commitments and contingencies (Notes 6, 12 and 15)