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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ 28.3 $ (96.8)
Depreciation and amortization 39.2 37.0
Loss on prepayment of debt    6.6
Benefit plan expense less than cash funding requirements:    
Defined benefit pension expense (0.8)  
Other postretirement benefit expense (1.2) (0.8)
Deferred income taxes (7.4) (62.6)
Distributions from Ti02 manufacturing joint venture, net 13.7 14.7
Other, net 1.7 7.1
Change in assets and liabilities:    
Accounts and other receivables, net (88.7) (96.7)
Land held for development, net (3.4)  
Inventories, net 12.3 175.4
Accounts payable and accrued liabilities 3.3 (2.4)
Accounts with affiliates 6.8 (5.3)
Income taxes (4.7) (4.5)
Other, net 4.2 11.7
Net cash provided by (used in) operating activities 3.3 (16.6)
Cash flows from investing activities:    
Capital expenditures (35.2) (36.6)
Capitalized permit costs (0.1) (0.5)
Purchases of marketable securities (8.1) (4.5)
Proceeds from:    
Disposal of marketable securities 6.3 6.5
Disposal of assets held for sale   1.6
Collection of note receivable   3.0
Change in restricted cash equivalents, net 17.2 0.2
Other, net   (0.3)
Net cash used in investing activities (19.9) (30.6)
Indebtedness:    
Borrowings 480.2 258.0
Principal payments (309.2) (353.6)
Deferred financing costs paid (6.1)  
Valhi cash dividends paid (23.7) (33.9)
Distributions to noncontrolling interest in subsidiaries (12.0) (9.2)
Other, net   0.1
Net cash provided by (used in) financing activities 129.2 (138.6)
Cash and cash equivalents – net change from:    
Operating, investing and financing activities 112.6 (185.8)
Effect of exchange rate on cash (0.3) (1.2)
Cash and cash equivalents at beginning of period 142.8 366.9
Cash and cash equivalents at end of period 255.1 179.9
Cash paid (received) for:    
Interest, net of capitalized interest 25.9 29.2
Income taxes, net 27.0 16.6
Noncash investing activities:    
Accrual for capital expenditures 3.3 1.1
Accrual for capital lease additions 6.1  
Noncash financing activities:    
Accrued construction retainage payable converted to note payable   $ 2.8