XML 79 R65.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Investment in TiO2 Manufacturing Joint Venture and Other Assets - Additional Information (Detail) - USD ($) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2023 | Sep. 30, 2023 | Dec. 31, 2022 | Sep. 30, 2022 | Dec. 31, 2021 | Mar. 31, 2021 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Operating lease expense |  |  |  |  |  |  | $ 5,600,000 | $ 5,500,000 | $ 7,700,000
Operating lease, right-of-use asset | $ 4,600,000 |  | $ 6,600,000 |  | $ 3,800,000 |  | $ 4,600,000 | $ 6,600,000 | 3,800,000
Weighted average remaining lease term | 14 years |  | 15 years |  |  |  | 14 years | 15 years |
Weighted average discount rate associated with leases | 5.00% |  | 5.00% |  |  |  | 5.00% | 5.00% |
Operating lease liability | $ 22,500,000 |  |  |  |  |  | $ 22,500,000 |  |
Operating lease not yet commenced, description |  |  |  |  |  |  | At December 31, 2023, we have no significant lease commitments that have not yet commenced. |  |
Infrastructure reimbursement |  |  |  |  |  |  | $ 25,500,000 | $ 16,000,000.0 | $ 15,300,000
Additional term for redevelopment plan |  |  |  |  |  |  |  |  | 15 years
City of Henderson Redevelopment Agency | Tax Increment Reimbursement, Quarter One |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Infrastructure reimbursement |  |  |  |  |  | $ 6,200,000 |  |  |
City of Henderson Redevelopment Agency | Tax Increment Reimbursement, Quarter Three |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Infrastructure reimbursement |  | $ 4,800,000 |  | $ 10,000,000.0 |  |  |  |  |
City of Henderson Redevelopment Agency | Tax Increment Reimbursement, Quarter Four |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Infrastructure reimbursement | 20,400,000 |  | $ 5,200,000 |  | $ 9,100,000 |  |  |  |
City Of Henderson [Member] |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Annual interest rate |  |  |  |  |  |  | 6.00% |  |
OPA | City of Henderson Redevelopment Agency |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Tax increment reimbursement percentage |  |  |  |  |  |  | 75.00% |  |
OPA | City of Henderson Redevelopment Agency | OtherIncome |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Infrastructure reimbursement |  |  |  |  |  |  | $ 25,200,000 | $ 15,200,000 | $ 15,300,000
OPA | Maximum [Member] | City of Henderson Redevelopment Agency |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Reimbursement revenue | 209,000,000 |  |  |  |  |  | 209,000,000 |  |
Chemicals | Leverkusen TiO2 production facility |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Operating lease liability | $ 7,400,000 |  |  |  |  |  | $ 7,400,000 |  |
Louisiana Pigment Company |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Percentage owned manufacturing joint venture under equity method investment | 50.00% |  |  |  |  |  | 50.00% |  |
Income (loss) from equity investments |  |  |  |  |  |  | $ 0 |  |
Louisiana Pigment Company | Chemicals |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Percentage owned manufacturing joint venture under equity method investment | 50.00% |  |  |  |  |  | 50.00% |  |
Venator Materials PLC | Tioxide Group | Louisiana Pigment Company |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Parent company ownership interest | 50.00% |  |  |  |  |  | 50.00% |  |
Venator Materials PLC | Venator Investments LLC |  |  |  |  |  |  |  |  |
Other Assets Non Current [Line Items] |  |  |  |  |  |  |  |  |
Parent company ownership interest | 100.00% |  |  |  |  |  | 100.00% |  |

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount or range of possible amounts of gain that could be realized upon the resolution of a contingency. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483049/450-30-50-1 + Details
Name: | us-gaap_GainContingencyUnrecordedAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(10)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481664/323-10-45-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(12)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(13)(f)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 + Details
Name: | us-gaap_IncomeLossFromEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Description of lessee's operating lease that has not yet commenced. Including, but not limited to, nature of involvement with construction or design of underlying asset for lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-3 + Details
Name: | us-gaap_LesseeOperatingLeaseLeaseNotYetCommencedDescription
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The parent entity's interest in net assets of the subsidiary, expressed as a percentage. + References No definition available. + Details
Name: | us-gaap_MinorityInterestOwnershipPercentageByParent
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of operating lease expense. Excludes sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 4 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-4 + Details
Name: | us-gaap_OperatingLeaseExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Present value of lessee's discounted obligation for lease payments from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1 + Details
Name: | us-gaap_OperatingLeaseLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Weighted average discount rate for operating lease calculated at point in time. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 53 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479589/842-20-55-53 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (g)(4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 53 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479589/842-20-55-53 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (g)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Yield on the receivable, on which interest has been imputed, as calculated from its issuance value or purchase price. The calculated effective interest rate considers factors such as the issued face value or price paid for the receivable, the time period between payments, and the time until maturity [full receipt] of the receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482900/835-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2 + Details
Name: | us-gaap_ReceivableWithImputedInterestEffectiveYieldInterestRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Infrastructure development cost reimbursed. + References No definition available. + Details
Name: | vhi_InfrastructureDevelopmentCostReimbursed
Namespace Prefix: | vhi_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition New operating lease right of use asset. + References No definition available. + Details
Name: | vhi_NewOperatingLeaseRightOfUseAsset
Namespace Prefix: | vhi_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Other assets non current. + References No definition available. + Details
Name: | vhi_OtherAssetsNonCurrentLineItems
Namespace Prefix: | vhi_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Additional term under redevelopment plan. + References No definition available. + Details
Name: | vhi_RedevelopmentPlanAdditionalTerm
Namespace Prefix: | vhi_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of tax increment generated that is eligible for reimbursement. + References No definition available. + Details
Name: | vhi_TaxIncrementReimbursementPercentage
Namespace Prefix: | vhi_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=vhi_CityOfHendersonRedevelopmentAgencyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=vhi_TaxIncrementReimbursementQuarterOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=vhi_TaxIncrementReimbursementQuarterThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=vhi_TaxIncrementReimbursementQuarterFourMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=vhi_CityOfHendersonMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_GainContingenciesByNatureAxis=vhi_OwnerParticipationAgreementTaxIncrementReimbursementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_OtherIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=vhi_ChemicalsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=vhi_LeverkusenFacilityLandLeaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=vhi_LouisianaPigmentCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=vhi_VenatorMaterialsPLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_OwnershipAxis=vhi_TioxideGroupMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_OwnershipAxis=vhi_VenatorInvestmentsLLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |