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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income (loss) $ (96.8) $ 181.1
Depreciation and amortization 37.0 32.9
Litigation settlement gain   (14.7)
Loss on prepayment of debt 6.6 7.2
Call premium and interest paid on Senior Notes redeemed   (6.2)
Benefit plan expense less than cash funding requirements:    
Defined benefit pension expense   (0.5)
Other postretirement benefit expense (0.8) (0.7)
Deferred income taxes (62.6) 32.4
Net distributions from (contributions to) Ti02 manufacturing joint venture, net 14.7 (19.4)
Other, net 7.1 2.2
Change in assets and liabilities:    
Accounts and other receivables, net (96.7) (170.2)
Inventories, net 175.4 (217.9)
Accounts payable and accrued liabilities (2.4) 48.4
Accounts with affiliates (5.3) 43.6
Income taxes (4.5) (1.8)
Other, net 11.7 7.2
Net cash used in operating activities (16.6) (76.4)
Cash flows from investing activities:    
Capital expenditures (36.6) (49.4)
Capitalized permit costs (0.5) (1.9)
Purchases of marketable securities (4.5) (4.0)
Proceeds from:    
Disposal of mutual funds   21.1
Disposal of other marketable securities 6.5 5.3
Disposal of assets held for sale 1.6  
Collection of note receivable 3.0  
Real estate-related litigation settlement   15.6
Change in restricted cash equivalents, net 0.2 (3.3)
Other, net (0.3) 2.5
Net cash used in investing activities (30.6) (14.1)
Indebtedness:    
Borrowings 258.0 503.3
Principal payments (353.6) (359.6)
Deferred financing costs paid   (4.5)
Valhi cash dividends paid (33.9) (31.1)
Distributions to noncontrolling interest in subsidiaries (9.2) (9.3)
Other, net 0.1 (0.1)
Net cash provided by (used in) financing activities (138.6) 98.7
Cash and cash equivalents – net change from:    
Operating, investing and financing activities (185.8) 8.2
Effect of exchange rate on cash (1.2) (1.4)
Cash and cash equivalents at beginning of period 366.9 96.4
Cash and cash equivalents at end of period 179.9 103.2
Cash paid (received) for:    
Interest, net of capitalized interest (including call premium paid) 29.2 36.9
Income taxes, net 16.6 54.3
Noncash investing activities:    
Accrual for capital expenditures 1.1 7.5
Accrual for capitalized permit costs 0.1 4.2
Noncash financing activities:    
Accrued construction retainage payable converted to note payable $ 2.8