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Financial Instruments (Tables)
12 Months Ended
Dec. 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 as of December 31, 2021 and 2022:

    

December 31, 2021

    

December 31, 2022

Carrying

Fair

Carrying

Fair

amount

value

amount

value

(In millions)

Cash, cash equivalents and restricted cash equivalents

$

792.9

$

792.9

$

562.0

$

562.0

Long-term debt:

 

 

  

 

 

  

Kronos Senior Notes

 

448.8

 

460.2

 

424.1

 

374.2

Valhi credit facility with Contran

 

172.9

 

172.9

 

121.4

 

121.4

LandWell bank note payable

 

13.5

 

13.5

 

12.9

 

12.9

BWC bank note payable

 

15.4

 

15.9