XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues and other income:      
Net sales $ 2,222.5 $ 2,296.4 $ 1,849.7
Other income, net 43.7 39.0 28.4
Total revenues and other income 2,266.2 2,335.4 1,878.1
Cost and expenses:      
Cost of sales 1,732.1 1,716.2 1,437.6
Selling, general and administrative 304.0 311.9 283.6
Fixed asset impairment 16.4    
Loss on deconsolidation of Basic Water Company ("BWC") 2.0    
Other components of net periodic pension and OPEB expense 13.9 17.0 20.1
Interest 27.9 32.5 36.2
Total costs and expenses 2,096.3 2,077.6 1,777.5
Income from continuing operations before income taxes 169.9 257.8 100.6
Income tax expense 33.8 60.1 15.9
Net income from continuing operations 136.1 197.7 84.7
Income from discontinued operations, net of tax     4.3
Net income 136.1 197.7 89.0
Noncontrolling interest in net income of subsidiaries 45.9 70.5 33.8
Net income attributable to Valhi stockholders 90.2 127.2 55.2
Net income - basic 90.2 127.2 55.2
Net income - diluted 90.2 127.2 55.2
Amounts attributable to Valhi stockholders:      
Income from continuing operations 90.2 127.2 50.9
Income from continuing operations - basic 90.2 127.2 50.9
Income from continuing operations - diluted 90.2 127.2 50.9
Income from discontinued operations     4.3
Income from discontinued operations - basic     4.3
Income from discontinued operations - diluted     4.3
Net income attributable to Valhi stockholders 90.2 127.2 55.2
Net income - basic 90.2 127.2 55.2
Net income - diluted $ 90.2 $ 127.2 $ 55.2
Basic and diluted net income per share:      
Income per share from continuing operations - basic $ 3.16 $ 4.46 $ 1.79
Income per share from continuing operations - diluted 3.16 4.46 1.79
Income per share from discontinued operations - basic     0.15
Income per share from discontinued operations - diluted     0.15
Net income per basic share 3.16 4.46 1.94
Net income per diluted share $ 3.16 $ 4.46 $ 1.94
Weighted average shares outstanding - basic 28.5 28.5 28.5
Weighted average shares outstanding - diluted 28.5 28.5 28.5