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Fair Value Measurements and Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Financial Instruments not Carried at Fair Value

The following table presents the financial instruments that are not carried at fair value but which require fair value disclosure:

    

December 31, 2021

    

March 31, 2022

Carrying

Fair

Carrying

Fair

amount

value

amount

value

(In millions)

Cash, cash equivalents and restricted cash equivalents

$

792.9

$

792.9

$

739.8

$

739.8

Long-term debt (excluding capitalized leases):

 

  

 

  

 

  

 

  

Kronos Senior Notes

 

448.8

 

460.2

 

442.9

 

435.7

Valhi credit facility with Contran

 

172.9

 

172.9

 

167.2

 

167.2

BMI bank note payable

 

15.4

 

15.9

 

15.4

 

15.9

LandWell bank note payable

 

13.5

 

13.5

 

13.5

 

13.5