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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income (loss) $ 4.6 $ (48.2)
Depreciation and amortization 19.5 18.6
Loss on prepayment of debt    6.6
Benefit plan expense greater (less) than cash funding requirements:    
Defined benefit pension expense (1.6) 1.3
Other postretirement benefit expense (0.7) (0.4)
Deferred income taxes (3.4) (34.9)
Distributions from Ti02 manufacturing joint venture, net 4.5 9.8
Other, net 1.6 2.8
Change in assets and liabilities:    
Accounts and other receivables, net (61.6) (89.4)
Land held for development, net (1.8)  
Inventories, net 6.6 92.4
Accounts payable and accrued liabilities 11.4 29.2
Accounts with affiliates 11.8 (45.4)
Income taxes 1.1 16.4
Other, net 2.2 6.9
Net cash used in operating activities (5.8) (34.3)
Cash flows from investing activities:    
Capital expenditures (19.9) (20.2)
Capitalized permit costs (0.2) (0.2)
Purchases of marketable securities (4.2) (3.8)
Proceeds from:    
Disposal of marketable securities 1.7 4.0
Disposal of assets held for sale   1.6
Collection of note receivable   1.8
Change in restricted cash equivalents, net (2.1) 0.8
Other, net (0.3) (0.3)
Net cash used in investing activities (25.0) (16.3)
Indebtedness:    
Borrowings 457.6 214.8
Principal payments (281.8) (327.9)
Deferred financing costs paid (6.0)  
Valhi cash dividends paid (17.0) (17.0)
Distributions to noncontrolling interest in subsidiaries (8.5) (4.7)
Other, net   0.2
Net cash provided by (used in) financing activities 144.3 (134.6)
Cash and cash equivalents – net change from:    
Operating, investing and financing activities 113.5 (185.2)
Effect of exchange rate on cash (0.1) (2.0)
Cash and cash equivalents at beginning of period 142.8 366.9
Cash and cash equivalents at end of period 256.2 179.7
Cash paid (received) for:    
Interest, net of capitalized interest 12.7 14.9
Income taxes, net 5.7 (1.6)
Noncash investing activities:    
Accrual for capital expenditures 4.5 4.4
Accrual for land development costs $ 2.3