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Investment in TiO2 Manufacturing Joint Venture and Other Assets (Tables) | 12 Months Ended
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Dec. 31, 2021
Other Noncurrent Assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ |  | 2020 |  | 2021
​ | ​ | (In millions)
Other assets: |  | ​ |  |  | ​ |
Restricted cash and cash equivalents | ​ | $ | 37.8 | ​ | $ | 41.9
Note receivables - OPA | ​ | ​ | 25.3 | ​ | ​ | 38.7
Land held for development | ​ | ​ | 96.0 | ​ | ​ | 36.0
IBNR receivables | ​ |  | 37.1 | ​ |  | 34.4
Operating lease right-of-use assets | ​ |  | 26.1 | ​ |  | 19.9
Other | ​ |  | 8.7 | ​ |  | 16.8
Total | ​ | $ | 231.0 | ​ | $ | 187.7
Schedule of Maturities of Operating Lease Liabilities | ​
​ | ​ | ​ | ​
Years ending December 31, |  | Amount
​ | ​ | (In millions)
2022 | ​ | $ | 4.2
2023 | ​ |  | 3.0
2024 | ​ |  | 2.1
2025 | ​ |  | 1.6
2026 | ​ |  | 1.4
2027 and thereafter | ​ |  | 17.6
Total remaining lease payments | ​ |  | 29.9
Less imputed interest | ​ |  | 10.4
Total lease obligations | ​ |  | 19.5
Less current obligations | ​ |  | 3.7
Long term lease obligations | ​ | $ | 15.8
LPC |
Summary of Net Distributions, Balance Sheets and Income Statements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
​ |  | 2019 |  | 2020 |  | 2021
​ | ​ | (In millions)
Distributions from LPC | ​ | $ | 40.6 | ​ | $ | 32.7 | ​ | $ | 28.5
Contributions to LPC | ​ |  | (49.9) | ​ |  | (45.5) | ​ |  | (24.7)
Net distributions (contributions) | ​ | $ | (9.3) | ​ | $ | (12.8) | ​ | $ | 3.8
​ Summary balance sheets of LPC are shown below:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ |  | 2020 |  | 2021
​ | ​ | (In millions)
ASSETS |  | ​ |  |  | ​ |
Current assets | ​ | $ | 105.8 | ​ | $ | 111.7
Property and equipment, net | ​ |  | 134.1 | ​ |  | 142.6
Total assets | ​ | $ | 239.9 | ​ | $ | 254.3
LIABILITIES AND PARTNERS' EQUITY | ​ |  |  | ​ |  |
Other liabilities, primarily current | ​ | $ | 30.6 | ​ | $ | 47.8
Partners' equity | ​ |  | 209.3 | ​ |  | 206.5
Total liabilities and partners' equity | ​ | $ | 239.9 | ​ | $ | 254.3
​ Summary income statements of LPC are shown below:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
​ |  | 2019 |  | 2020 |  | 2021
​ | ​ | (In millions)
Revenues and other income: |  | ​ |  |  | ​ |  |  | ​ |
Kronos | ​ | $ | 176.2 | ​ | $ | 167.8 | ​ | $ | 188.6
Venator Investments | ​ |  | 177.0 | ​ |  | 168.3 | ​ |  | 189.6
Total | ​ |  | 353.2 | ​ |  | 336.1 | ​ |  | 378.2
Cost and expenses: | ​ |  |  | ​ |  |  | ​ |  |
Cost of sales | ​ |  | 352.8 | ​ |  | 335.7 | ​ |  | 377.8
General and administrative | ​ |  | .4 | ​ |  | .4 | ​ |  | .4
Total | ​ |  | 353.2 | ​ |  | 336.1 | ​ |  | 378.2
Net income | ​ | $ | — | ​ | $ | — | ​ | $ | —
​

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