XML 34 R25.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Business Segment Information (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Segment Reporting [Abstract] |
Holding Percentage of Subsidiaries | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | % controlled at |
Business segment | ​ | Entity | ​ | September 30, 2022 |
Chemicals |  | Kronos |  | 81% | ​
Component products |  | CompX |  | 87% | ​
Real estate management and development |  | BMI and LandWell |  | 63% - 77% | ​
Segment Operating Performance | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | Nine months ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2021 |  | 2022 |  | 2021 |  | 2022
​ | ​ | (In millions)
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Chemicals | ​ | $ | 499.8 | ​ | $ | 459.6 | ​ | $ | 1,443.4 | ​ | $ | 1,587.8
Component products | ​ |  | 34.5 | ​ |  | 42.9 | ​ |  | 106.7 | ​ |  | 126.6
Real estate management and development | ​ |  | 44.6 | ​ |  | 53.8 | ​ |  | 63.1 | ​ |  | 105.5
Total net sales | ​ | $ | 578.9 | ​ | $ | 556.3 | ​ | $ | 1,613.2 | ​ | $ | 1,819.9
Cost of sales: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Chemicals | ​ | $ | 377.1 | ​ | $ | 376.0 | ​ | $ | 1,116.7 | ​ | $ | 1,235.0
Component products | ​ |  | 23.6 | ​ |  | 30.9 | ​ |  | 73.4 | ​ |  | 88.9
Real estate management and development | ​ |  | 25.5 | ​ |  | 29.0 | ​ |  | 36.5 | ​ |  | 58.2
Total cost of sales | ​ | $ | 426.2 | ​ | $ | 435.9 | ​ | $ | 1,226.6 | ​ | $ | 1,382.1
Gross margin: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Chemicals | ​ | $ | 122.7 | ​ | $ | 83.6 | ​ | $ | 326.7 | ​ | $ | 352.8
Component products | ​ |  | 10.9 | ​ |  | 12.0 | ​ |  | 33.3 | ​ |  | 37.7
Real estate management and development | ​ |  | 19.1 | ​ |  | 24.8 | ​ |  | 26.6 | ​ |  | 47.3
Total gross margin | ​ | $ | 152.7 | ​ | $ | 120.4 | ​ | $ | 386.6 | ​ | $ | 437.8
Operating income: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Chemicals | ​ | $ | 60.3 | ​ | $ | 34.3 | ​ | $ | 145.4 | ​ | $ | 189.9
Component products | ​ |  | 5.1 | ​ |  | 6.0 | ​ |  | 16.7 | ​ |  | 20.0
Real estate management and development | ​ |  | 15.8 | ​ |  | 29.1 | ​ |  | 26.0 | ​ |  | 32.1
Total operating income | ​ |  | 81.2 | ​ |  | 69.4 | ​ |  | 188.1 | ​ |  | 242.0
General corporate items: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Interest income and other | ​ |  | .9 | ​ |  | 3.3 | ​ |  | 2.9 | ​ |  | 5.6
Gain on land sales | ​ | ​ | 10.4 | ​ | ​ | — | ​ | ​ | 16.0 | ​ | ​ | —
Changes in market value of Valhi common stock held by subsidiaries | ​ |  | (.2) | ​ |  | (4.9) | ​ |  | 2.0 | ​ |  | (.9)
Other components of net periodic pension and OPEB expense | ​ |  | (4.3) | ​ |  | (3.2) | ​ |  | (13.2) | ​ |  | (9.8)
General expenses, net | ​ |  | (8.7) | ​ |  | (8.6) | ​ |  | (26.1) | ​ |  | (27.3)
Interest expense | ​ |  | (7.9) | ​ |  | (7.0) | ​ |  | (25.2) | ​ |  | (20.9)
Income before income taxes | ​ | $ | 71.4 | ​ | $ | 49.0 | ​ | $ | 144.5 | ​ | $ | 188.7

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of affiliate percentage controlled. + References No definition available. + Details
Name: | vhi_ScheduleOfAffiliatePercentageControlledTableTextBlock
Namespace Prefix: | vhi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration