CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 342.3	$ 478.5
Restricted cash equivalents	23.2	46.3
Marketable securities	83.2	75.1
Accounts and other receivables, net	332.5	281.9
Inventories, net	532.9	640.8
Prepaid expenses and other	56.0	66.9
Total current assets	1,370.1	1,589.5
Other assets:
Marketable securities	3.2	1.2
Investment in TiO2 manufacturing joint venture	115.7	112.9
Goodwill	379.7	379.7
Deferred income taxes	65.6	40.5
Other assets	159.9	188.1
Total other assets	724.1	722.4
Property and equipment:
Land	43.1	42.5
Buildings	258.5	249.2
Equipment	1,126.8	1,106.5
Mining properties	83.0	78.6
Construction in progress	49.9	77.2
Gross property and equipment	1,561.3	1,554.0
Less accumulated depreciation and amortization	1,049.0	1,030.2
Net property and equipment	512.3	523.8
Total assets	2,606.5	2,835.7
Current liabilities:
Current maturities of long-term debt	1.4	1.8
Accounts payable and accrued liabilities	392.9	477.7
Income taxes	9.1	13.3
Total current liabilities	403.4	492.8
Noncurrent liabilities:
Long-term debt	532.0	557.7
Deferred income taxes	50.4	63.5
Payable to affiliate - income taxes	18.5	33.4
Accrued pension costs	124.4	131.6
Accrued environmental remediation and related costs	93.3	93.5
Other liabilities	119.3	156.4
Total noncurrent liabilities	937.9	1,036.1
Equity:
Preferred stock	0.0	0.0
Common stock	0.3	0.3
Additional paid-in capital	669.5	669.5
Retained earnings	459.5	482.3
Accumulated other comprehensive loss	(147.8)	(143.9)
Treasury stock, at cost	(49.6)	(49.6)
Total Valhi stockholders' equity	931.9	958.6
Noncontrolling interest in subsidiaries	333.3	348.2
Total equity	1,265.2	1,306.8
Total liabilities and equity	2,606.5	$ 2,835.7
Commitments and contingencies (Notes 13 and 16)