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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ 47.4 $ (75.0)
Depreciation and amortization 25.3 25.0
Deferred income taxes 10.9 (53.3)
Loss on prepayment of debt, net 0 6.6
Benefit plan expense greater (less) than cash funding:    
Defined benefit plan expense (0.8) 0.2
Other postretirement benefit plans (0.3) 0.1
Distributions from TiO2 manufacturing joint venture, net 13.7 14.7
Other, net 1.1 6.2
Change in assets and liabilities:    
Accounts and other receivables (83.7) (93.7)
Inventories 15.1 176.6
Prepaid expenses 1.0 2.7
Accounts payable and accrued liabilities (10.4) (1.2)
Income taxes (3.6) (4.4)
Accounts with affiliates 7.3 (20.4)
Other, net (3.2) 0.8
Net cash provided by (used in) operating activities 19.8 (15.1)
Cash flows from investing activities:    
Capital expenditures (27.7) (33.8)
Change in restricted cash, net 7.2 0.4
Other, net   (0.1)
Net cash used in investing activities (20.5) (33.5)
Indebtedness:    
Borrowings 429.3 204.5
Principal payments (263.3) (300.6)
Deferred financing fees (6.1)  
Dividends paid (34.8) (34.8)
Net cash provided by (used in) financing activities 125.1 (130.9)
Cash and cash equivalents - net change from:    
Operating, investing and financing activities 124.4 (179.5)
Currency translation (0.3) (1.2)
Balance at beginning of period 53.8 282.7
Balance at end of period 177.9 102.0
Supplemental disclosures – Cash paid for:    
Interest, net of capitalized interest 7.5 11.4
Income taxes 15.8 34.2
Accrual for capital expenditures $ 3.1 $ 4.4