CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 297.5	$ 478.5
Restricted cash equivalents	43.9	46.3
Marketable securities	99.0	75.1
Accounts and other receivables, net	333.5	281.9
Inventories, net	575.3	640.8
Prepaid expenses and other	52.1	66.9
Total current assets	1,401.3	1,589.5
Other assets:
Marketable securities	3.3	1.2
Investment in TiO2 manufacturing joint venture	121.2	112.9
Goodwill	379.7	379.7
Deferred income taxes	56.2	40.5
Other assets	162.7	188.1
Total other assets	723.1	722.4
Property and equipment:
Land	42.5	42.5
Buildings	255.7	249.2
Equipment	1,121.4	1,106.5
Mining properties	74.8	78.6
Construction in progress	85.9	77.2
Gross property and equipment	1,580.3	1,554.0
Less accumulated depreciation and amortization	1,054.1	1,030.2
Net property and equipment	526.2	523.8
Total assets	2,650.6	2,835.7
Current liabilities:
Current maturities of long-term debt	1.4	1.8
Accounts payable and accrued liabilities	385.5	477.7
Income taxes	6.9	13.3
Total current liabilities	393.8	492.8
Noncurrent liabilities:
Long-term debt	549.8	557.7
Deferred income taxes	54.1	63.5
Payable to affiliate - income taxes	18.5	33.4
Accrued pension costs	129.6	131.6
Accrued environmental remediation and related costs	93.4	93.5
Other liabilities	135.0	156.4
Total noncurrent liabilities	980.4	1,036.1
Equity:
Common stock	0.3	0.3
Additional paid-in capital	669.5	669.5
Retained earnings	467.8	482.3
Accumulated other comprehensive loss	(147.2)	(143.9)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders' equity	940.8	958.6
Noncontrolling interest in subsidiaries	335.6	348.2
Total equity	1,276.4	1,306.8
Total liabilities and equity	2,650.6	$ 2,835.7
Commitments and contingencies (Notes 13 and 16)