XML 53 R37.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Business combinations, dispositions and related transactions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Schedule of provisional fair values of the assets acquired and liabilities assumed in the acquisition | ​
​ | ​ | ​
​ | Amount
​ | (In millions)
Consideration: | ​ | ​
Cash consideration | $ | 185.0
Working capital adjustment | ​ | (11.0)
Earn-out liability | ​ | 4.2
Total fair value of consideration | ​ | 178.2
​ | ​ | ​
Fair value of investment in TiO2 manufacturing joint venture | ​ | 178.2
Total | $ | 356.4
​ | ​ | ​
Allocation of purchase price to identifiable assets acquired and liabilities assumed: | ​ | ​
Cash and cash equivalents | $ | 21.3
Restricted cash | ​ | 1.3
Accounts and other receivables, net | ​ | .2
Inventories, net | ​ | 82.0
Prepaid expenses and other | ​ | .6
Other assets | ​ | 10.7
Property and equipment | ​ | 268.5
Accounts payable and accrued liabilities | ​ | (21.7)
Other noncurrent liabilities | ​ | (6.4)
Deferred tax liability | ​ | (2.7)
Total net identifiable assets acquired | ​ | 353.8
Goodwill | ​ | 2.6
Total | $ | 356.4
Louisiana Pigment Company, L.P. (LPC) |
Summary of Net Distributions, Balance Sheets and Income Statements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
​ |  | 2022 |  | 2023 |  | 2024 (1)
​ | ​ | (In millions)
Distributions from LPC | ​ | $ | 58.3 | ​ | $ | 52.8 | ​ | $ | 31.2
Contributions to LPC | ​ |  | (68.8) | ​ |  | (49.7) | ​ |  | (33.9)
Net distributions (contributions) | ​ | $ | (10.5) | ​ | $ | 3.1 | ​ | $ | (2.7)
(1)Reflects distributions and contributions from/to LPC prior to the Acquisition Date. The summary balance sheet for LPC for the annual period prior to the Acquisition Date is shown below:
​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ | ​ | (In millions)
ASSETS |  | ​ |
Current assets | ​ | $ | 118.5
Property and equipment, net | ​ |  | 148.4
Total assets | ​ | $ | 266.9
​ | ​ | ​ | ​
LIABILITIES AND PARTNERS' EQUITY | ​ |  |
Other liabilities, primarily current | ​ | $ | 42.1
Partners' equity | ​ |  | 224.8
Total liabilities and partners' equity | ​ | $ | 266.9
Summary income statements for LPC for the annual periods prior to the Acquisition Date are shown below:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Years ended December 31,
​ |  | 2022 |  | 2023
​ | ​ | (In millions)
Revenues and other income: |  | ​ |  |  | ​ |
Kronos | ​ | $ | 225.6 | ​ | $ | 231.7
Venator | ​ |  | 225.9 | ​ |  | 231.7
Total | ​ |  | 451.5 | ​ |  | 463.4
Cost and expenses: | ​ |  |  | ​ |  |
Cost of sales | ​ |  | 451.1 | ​ |  | 463.0
General and administrative | ​ |  | .4 | ​ |  | .4
Total | ​ |  | 451.5 | ​ |  | 463.4
Net income | ​ | $ | — | ​ | $ | —

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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