Stockholders' Equity

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Stockholders' Equity

Note 14 – Stockholders’ equity:

Accumulated other comprehensive loss – Changes in accumulated other comprehensive income (loss) attributable to Valhi stockholders are presented in the table below.

	Three months ended
	March 31,
	2021		2022
	(In millions)
Accumulated other comprehensive income (loss) (net of tax and   noncontrolling interest):
Marketable securities:
Balance at beginning of period	$	1.8	$	1.7
Other comprehensive income:
Unrealized gain arising during the period		—		—
Balance at end of period	$	1.8	$	1.7
Currency translation:
Balance at beginning of period	$	(67.4)	$	(72.2)
Other comprehensive gain arising during the period		1.3		4.2
Balance at end of period	$	(66.1)	$	(68.0)
Defined benefit pension plans:
Balance at beginning of period	$	(154.1)	$	(120.9)
Other comprehensive loss:
Amortization of prior service cost and net losses included  in net periodic pension cost		2.5		1.8
Balance at end of period	$	(151.6)	$	(119.1)
OPEB plans:
Balance at beginning of period	$	.3	$	.1
Amortization of prior service credit and net losses  included in net periodic OPEB cost		(.2)		(.1)
Balance at end of period	$	.1	$	—
Total accumulated other comprehensive loss:
Balance at beginning of period	$	(219.4)	$	(191.3)
Other comprehensive income		3.6		5.9
Balance at end of period	$	(215.8)	$	(185.4)

Other – During the first three months of 2022, Kronos acquired an additional 73,881 shares of its common stock in market transactions for an aggregate purchase price of $1.1 million which are accounted for as Kronos’ treasury stock at March 31, 2022.  At March 31, 2022, approximately 1.5 million shares were available for repurchase under Kronos’ prior repurchase authorizations.  

During the first three months of 2021, CompX acquired 50,000 shares of its Class A common stock in a market transaction for approximately $.8 million. At March 31, 2022, approximately .6 million shares were available for repurchase under CompX’s prior repurchase authorizations.