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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 366.9 $ 96.4
Restricted cash equivalents 8.1 5.3
Marketable securities 0.9 22.5
Accounts and other receivables, net 283.9 284.3
Refundable income taxes 18.3 2.1
Receivable from affiliates 0.3 29.6
Inventories, net 650.3 464.5
Other current assets 25.1 20.7
Deferred income taxes 9.6 18.8
Total current assets 1,363.4 944.2
Other assets:    
Marketable securities 256.8 354.1
Investment in affiliates 126.1 105.7
Note receivable from affiliate   11.2
Goodwill 379.7 400.1
Deferred income taxes 120.3 132.7
Pension asset 5.1  
Other intangible assets 0.2 2.1
Other assets 155.8 164.1
Total other assets 1,044.0 1,170.0
Property and equipment:    
Land 48.3 53.0
Buildings 280.5 276.8
Equipment 1,127.7 1,112.5
Treatment, storage and disposal facility 158.7 75.8
Mining properties 72.3 63.5
Construction in progress 40.7 111.2
Gross property and equipment 1,728.2 1,692.8
Less accumulated depreciation 965.1 969.0
Net property and equipment 763.1 723.8
Total assets 3,170.5 2,838.0
Current liabilities:    
Current maturities of long-term debt 29.6 19.0
Accounts payable 169.6 196.3
Accrued liabilities 112.2 146.0
Payable to affiliates 52.8 21.4
Income taxes 23.1 26.5
Deferred income taxes 11.2 6.4
Total current liabilities 398.5 415.6
Noncurrent liabilities:    
Long-term debt 880.5 717.4
Deferred income taxes 454.8 457.2
Accrued pension costs 202.9 144.4
Accrued environmental remediation and related costs 42.6 34.6
Accrued postretirement benefits costs 21.2 20.4
Other liabilities 78.3 55.4
Total noncurrent liabilities 1,680.3 1,429.4
Equity: Valhi stockholders' equity:    
Preferred stock, $.01 par value; 5,000 shares authorized; 5,000 shares issued 667.3 667.3
Common stock, $.01 par value; 500.0 million shares authorized; 355.2 million shares issued 3.6 3.6
Additional paid-in capital 78.9 78.6
Retained earnings (deficit) 75.4 (19.4)
Accumulated other comprehensive loss (42.0) (23.3)
Treasury stock, at cost-13.2 million shares (49.6) (49.6)
Total Valhi stockholders' equity 733.6 657.2
Noncontrolling interest in subsidiaries 358.1 335.8
Total equity 1,091.7 993.0
Total liabilities and equity 3,170.5 2,838.0
Commitments and contingencies (Notes 9, 12, 16 and 17)