Fair Value Measurements and Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Financial Instruments not Carried at Fair Value

See Note 5 for amounts related to our marketable securities.

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

	December 31, 2022				March 31, 2023
	Carrying		Fair		Carrying		Fair
	amount		value		amount		value
	(In millions)
Cash, cash equivalents and restricted cash equivalents	$	562.0	$	562.0	$	376.2	$	376.2
Long-term debt:
Kronos Senior Notes		424.1		374.2		433.5		389.4
Valhi credit facility with Contran		121.4		121.4		114.2		114.2
LandWell bank note payable		12.9		12.9		12.9		12.9