Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2013

Long-Term Debt

	December 31,
	2012		2013
	(In millions)
Valhi:
Snake River Sugar Company	$	250.0	$	250.0
Contran credit facility		157.6		206.5
Total Valhi debt		407.6		456.5
Subsidiary debt:
Kronos:
Note payable to Contran		—		170.0
Term loan		384.5		—
Revolving North American credit facility		—		11.1
Revolving European credit facility		13.2		—
CompX:
Promissory note payable to TIMET		18.5		—
WCS:
Financing capital lease		69.9		68.6
6% promissory notes		7.2		2.4
Tremont:
Promissory note payable		—		19.1
BMI:
Bank note payable		—		11.2
Landwell:
Note payable to the City of Henderson		—		3.1
Other		9.2		10.5
Total subsidiary debt		502.5		296.0
Total debt		910.1		752.5
Less current maturities		29.6		10.7
Total long-term debt	$	880.5	$	741.8

Aggregate Maturities of Long-Term Debt

Aggregate maturities of debt at December 31, 2013 are presented in the table below.  Such maturities, as they relate to Kronos note payable to Contran, are based upon the required quarterly principal repayments of its new term loan.  

Years ending December 31,	Amount
	(In millions)
Gross amounts due each year:
2014	$	15.2
2015		219.2
2016		13.1
2017		22.4
2018		11.3
2019 and thereafter		535.6
Subtotal		816.8
Less amounts representing interest on capital leases		64.3
Total long-term debt	$	752.5

After considering the effect of the new term loan Kronos obtained in February 2014 and the application of the net proceeds as discussed above, our aggregate maturities of long-term debt would be:

Years ending December 31,	Amount
	(In millions)
Gross amounts due each year:
2014	$	15.2
2015		219.2
2016		13.1
2017		22.4
2018		11.3
2019 and thereafter		715.6
Subtotal		996.8
Less amounts representing interest on capital leases		64.3
Total long-term debt	$	932.5