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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 126.1 $ 21.5
Depreciation and amortization 31.9 31.6
Loss on prepayment of debt 3.3  
Call premium paid (2.5)  
Accrued litigation settlement and contract termination   33.3
Litigation settlement payments   (19.0)
Benefit plan expense greater (less) than cash funding requirements:    
Defined benefit pension expense (0.9) 1.1
Other postretirement benefit expense (0.9) 0.1
Deferred income taxes 31.1 (24.2)
Net distributions from Ti02 manufacturing joint venture 3.0 1.5
Other, net 2.3 2.7
Change in assets and liabilities:    
Accounts and other receivables, net (121.7) (89.3)
Inventories, net (19.4) 26.2
Accounts payable and accrued liabilities (2.5) (21.7)
Accounts with affiliates 1.7 19.5
Income taxes 12.6 1.1
Other, net (3.0) 4.5
Net cash provided by (used in) operating activities 61.1 (11.1)
Cash flows from investing activities:    
Capital expenditures (54.0) (18.6)
Capitalized permit costs (3.6) (1.2)
Purchases of:    
Mutual funds (241.3)  
Marketable securities (5.0) (7.5)
Titanium Metals Corporation ("TIMET") common stock (30.4)  
Proceeds from:    
Disposal of mutual funds 162.0  
Disposal of marketable securities 3.4 2.6
Disposal of restricted marketable securities   5.2
Sale of business 0.3 0.5
Change in restricted cash equivalents, net 1.0 (0.7)
Other, net (8.2) (0.1)
Net cash used in investing activities (175.8) (19.8)
Cash flows from financing activities:    
Borrowings 113.3 251.1
Principal payments (187.7) (207.6)
Valhi cash dividends paid (25.5) (22.7)
Distributions to noncontrolling interest in subsidiaries (20.1) (2.5)
Treasury stock acquired (9.5)  
Purchase of noncontrolling interest in subsidiaries   (7.0)
Issuance of subsidiary common stock and other, net 0.5  
Net cash provided by (used in) financing activities (129.0) 11.3
Cash and cash equivalents - net change from:    
Operating, investing and financing activities (243.7) (19.6)
Currency translation 2.5 (2.9)
Cash and cash equivalents at beginning of period 325.1 68.7
Cash and cash equivalents at end of period 83.9 46.2
Cash paid for:    
Interest, net of capitalized interest (including call premium paid) 37.5 32.4
Income taxes paid (refunded), net 31.1 (12.2)
Noncash investing activities:    
Accrual for capital expenditures 14.2 4.7
Accrual for capitalized permit costs 1.0 2.2
Noncash financing activities:    
Promissory notes payable incurred in connection with litigation settlement and contract termination   $ 30.0