CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 698.4	$ 518.6
Restricted cash equivalents	52.6	13.9
Marketable securities	2.6	4.4
Accounts and other receivables, net	380.7	332.1
Refundable income taxes	4.5	5.7
Receivables from affiliates	18.5	4.5
Inventories, net	458.7	538.2
Prepaid expenses and other	57.2	36.0
Total current assets	1,673.2	1,453.4
Other assets:
Marketable securities	3.3	2.9
Investment in TiO2 manufacturing joint venture	101.9	103.3
Goodwill	379.7	379.7
Deferred income taxes	86.8	120.2
Pension asset	9.0	8.4
Other assets	187.7	231.0
Total other assets	768.4	845.5
Property and equipment:
Land	50.3	49.6
Buildings	252.6	268.7
Equipment	1,194.6	1,234.8
Mining properties	26.3	30.2
Construction in progress	82.9	64.5
Gross property and equipment	1,606.7	1,647.8
Less accumulated depreciation and amortization	1,043.1	1,057.4
Net property and equipment	563.6	590.4
Total assets	3,005.2	2,889.3
Current liabilities:
Current maturities of long-term debt	3.1	2.4
Accounts payable	152.7	117.6
Accrued liabilities	264.8	143.0
Accrued litigation settlement	11.8	11.8
Payables to affiliates	18.8	27.6
Income taxes	12.3	15.7
Total current liabilities	463.5	318.1
Noncurrent liabilities:
Long-term debt	649.9	786.2
Deferred income taxes	46.2	29.6
Payable to affiliate - income taxes	44.5	50.4
Long-term litigation settlement	38.5	49.4
Accrued pension costs	291.1	379.0
Accrued environmental remediation and related costs	94.1	95.2
Other liabilities	219.0	174.5
Total noncurrent liabilities	1,383.3	1,564.3
Equity:
Preferred stock, $.01 par value; 5,000 shares authorized and nil shares issued
Common stock, $.01 par value; 50.0 million shares authorized; 29.6 million shares issued and outstanding	0.3	0.3
Additional paid-in capital	669.0	668.3
Retained earnings	401.1	282.9
Accumulated other comprehensive loss	(191.3)	(219.4)
Treasury stock, at cost - 1.1 million shares	(49.6)	(49.6)
Total Valhi stockholders' equity	829.5	682.5
Noncontrolling interest in subsidiaries	328.9	324.4
Total equity	1,158.4	1,006.9
Total liabilities and equity	3,005.2	$ 2,889.3
Commitments and contingencies (Notes 9, 14, 17 and 18)