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Fair Value Measurements and Financial Instruments (Tables)
6 Months Ended
Jun. 30, 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

    

June 30, 2023

Carrying

Fair

Carrying

Fair

amount

value

amount

value

(In millions)

Cash, cash equivalents and restricted cash equivalents

$

562.0

$

562.0

$

372.6

$

372.6

Long-term debt:

 

 

  

 

  

 

  

Kronos Senior Notes

 

424.1

 

374.2

 

432.4

 

397.3

Valhi credit facility with Contran

 

121.4

 

121.4

 

105.6

 

105.6

LandWell bank note payable

 

12.9

 

12.9

 

12.5

 

12.5