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Condensed Consolidated Balance Sheets (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and cash equivalents$ 128.4$ 325.1
Restricted cash equivalents6.39.4
Marketable securities45.71.7
Accounts and other receivables, net382.6262.7
Inventories, net357.5294.9
Other current assets25.914.1
Deferred income taxes13.913.9
Total current assets960.3921.8
Other assets:  
Marketable securities354.6340.4
Investment in affiliates110.8113.2
Goodwill400.0397.4
Deferred income taxes154.3192.0
Other noncurrent assets151.2103.4
Total other assets1,170.91,146.4
Property and equipment:  
Land54.654.9
Buildings281.1287.4
Equipment1,189.51,170.3
Mining properties66.769.1
Construction in progress97.720.2
Gross property and equipment1,689.61,601.9
Less accumulated depreciation990.8955.8
Net property and equipment698.8646.1
Total assets2,830.02,714.3
LIABILITIES AND EQUITY  
Current maturities of long-term debt22.617.4
Accounts payable and accrued liabilities338.5275.6
Income taxes25.67.9
Deferred income taxes5.15.0
Total current liabilities391.8305.9
Noncurrent liabilities:  
Long-term debt779.8922.9
Deferred income taxes449.6417.6
Accrued pension costs122.1128.1
Accrued environmental remediation and related costs34.632.6
Accrued postretirement benefits costs19.319.5
Other liabilities58.969.5
Total noncurrent liabilities1,464.31,590.2
Equity:  
Preferred stock667.3667.3
Common stock1.21.2
Additional paid-in capital81.076.2
Accumulated deficit(60.9)(183.2)
Accumulated other comprehensive income9.421.2
Treasury stock(49.6)(40.9)
Total Valhi stockholders' equity648.4541.8
Noncontrolling interest in subsidiaries325.5276.4
Total equity973.9818.2
Total liabilities and equity2,830.02,714.3
Commitments and contingencies (Notes 12 and 14)