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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 219.2$ 39.6
Depreciation and amortization48.246.6
Loss on prepayment of debt3.2 
Call premium paid(2.5) 
Accrued litigation settlement and contract termination 33.3
Litigation settlement payments (19.0)
Assets held for sale write-down1.10.5
Benefit plan expense greater (less) than cash funding requirements:  
Defined benefit pension expense0.22.1
Other postretirement benefit expense(1.3) 
Deferred income taxes69.3(8.5)
Net distributions from Ti02 manufacturing joint venture2.11.8
Other, net6.53.8
Change in assets and liabilities:  
Accounts and other receivables, net(121.1)(84.2)
Inventories, net(60.7)28.3
Accounts payable and accrued liabilities63.1(2.5)
Accounts with affiliates(2.0)19.1
Income taxes18.82.9
Other, net(23.6)(2.3)
Net cash provided by operating activities220.561.5
Cash flows from investing activities:  
Capital expenditures(91.1)(28.3)
Capitalized permit costs(6.6)(4.4)
Purchases of:  
Mutual funds(272.6) 
Marketable securities(5.8)(9.8)
Titanium Metals Corporation ("TIMET") common stock(30.4) 
Proceeds from:  
Disposal of mutual funds227.0 
Disposal of marketable securities3.63.6
Disposal of restricted marketable securities 5.2
Sale of business0.30.5
Acquisition, net of cash acquired(4.9) 
Change in restricted cash equivalents, net3.41.3
Other, net(8.1)(0.1)
Net cash used in investing activities(185.2)(32.0)
Cash flows from financing activities:  
Borrowings119.1318.0
Principal payments(278.1)(308.1)
Valhi cash dividends paid(39.6)(34.1)
Distributions to noncontrolling interest in subsidiaries(24.7)(3.7)
Treasury stock acquired(9.5) 
Purchase of noncontrolling interest in subsidiaries (7.0)
Other, net0.30.1
Net cash used in financing activities(232.5)(34.8)
Cash and cash equivalents - net change from:  
Operating, investing and financing activities(197.2)(5.3)
Currency translation0.5(1.6)
Cash and cash equivalents at beginning of period325.168.7
Cash and cash equivalents at end of period128.461.8
Cash paid for:  
Interest, net of capitalized interest (including call premium paid)46.140.1
Income taxes paid (refunded), net48.1(10.7)
Noncash investing activities:  
Accrual for capital expenditures16.92.5
Accrual for capitalized permit costs0.70.2
Noncash financing activities:  
Promissory notes payable incurred in connection with litigation settlement and contract termination $ 30.0