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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 8.4 $ 128.9
Depreciation and amortization 49.0 51.2
Gain on remeasurement of investment in TiO2 manufacturing joint venture   (64.5)
Gain on remeasurement of earn-out liability (4.6)  
Premium on issuance of senior secured notes 4.4 6.0
Benefit plan expense less than cash funding (5.6) (6.9)
Deferred income taxes 17.8 20.0
Contributions to TiO2 manufacturing joint venture, net   (2.7)
Other, net 5.2 (0.8)
Change in assets and liabilities:    
Accounts and other receivables, net (13.9) (67.8)
Inventories, net 41.9 96.4
Land held for development, net (4.4) 2.0
Accounts payable and accrued liabilities (110.6) (110.4)
Accrued environmental remediation and related costs (56.5)  
Income taxes (19.8) 1.8
Accounts with affiliates (23.6) (20.2)
Other, net (23.8) (34.8)
Net cash used in operating activities (136.1) (1.8)
Cash flows from investing activities:    
Capital expenditures (35.8) (18.4)
Acquisition of remaining TiO2 manufacturing joint venture interest, net of cash acquired   (156.8)
Purchases of marketable securities (1.9) (1.0)
Proceeds from disposal of marketable securities 0.9 55.8
Other, net   2.8
Net cash used in investing activities (36.8) (117.6)
Cash flows from financing activities:    
Borrowings 484.4 148.6
Payments (425.7) (123.9)
Payments on long-term debt (108.0) (101.3)
Kronos term loan from Contran   53.7
Proceeds from issuance on senior secured notes 88.0 80.2
Valhi cash dividends paid (6.8) (6.8)
Distributions to noncontrolling interest in subsidiaries (16.3) (23.1)
Deferred financing fees (1.5) (9.3)
Net cash provided by financing activities 14.1 18.1
Cash, cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities (158.8) (101.3)
Effect of exchange rates on cash 4.1 4.4
Balance at beginning of period 378.6 462.0
Balance at end of period 223.9 365.1
Cash paid for:    
Interest, net of amounts capitalized 47.8 37.2
Income taxes, net 48.7 41.1
Noncash investing activities:    
Change in accruals for capital expenditures $ 3.8 $ 1.4