XML 47 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 240.7 $ 142.8
Restricted cash equivalents 14.8 10.4
Marketable securities 3.4 3.8
Accounts and other receivables, net 357.0 303.3
Land held for development 17.5 14.3
Inventories, net 417.7 430.6
Other current assets 24.3 20.8
Deferred income taxes 9.7 23.0
Total current assets 1,085.1 949.0
Other assets:    
Marketable securities 255.1 253.3
Investment in affiliates 89.1 102.3
Goodwill 379.7 379.7
Deferred income taxes 136.5 149.2
Other noncurrent assets 288.8 337.3
Total other assets 1,149.2 1,221.8
Property and equipment:    
Land 51.2 51.5
Buildings 271.0 285.1
Equipment 1,174.3 1,194.8
Treatment, storage and disposal facility 159.1 158.9
Mining properties 59.7 66.5
Construction in progress 43.2 54.2
Gross property and equipment 1,758.5 1,811.0
Less accumulated depreciation 996.7 1,014.6
Net property and equipment 761.8 796.4
Total assets 2,996.1 2,967.2
Current liabilities:    
Current maturities of long-term debt 11.8 10.7
Accounts payable and accrued liabilities 335.2 372.9
Income taxes 0.3 8.9
Deferred income taxes 2.1 2.2
Total current liabilities 349.4 394.7
Noncurrent liabilities:    
Long-term debt 925.0 741.8
Deferred income taxes 416.8 431.1
Accrued pension costs 148.4 169.3
Accrued environmental remediation and related costs 108.8 113.6
Accrued postretirement benefits costs 13.0 13.7
Other liabilities 93.4 110.2
Total noncurrent liabilities 1,705.4 1,579.7
Equity: Valhi stockholders' equity:    
Preferred stock 667.3 667.3
Common stock 3.6 3.6
Additional paid-in capital   27.6
Retained earnings (deficit) 2.9 (39.6)
Accumulated other comprehensive loss (47.8) (8.0)
Treasury stock (49.6) (49.6)
Total Valhi stockholders’ equity 576.4 601.3
Noncontrolling interest in subsidiaries 364.9 391.5
Total equity 941.3 992.8
Total liabilities and equity 2,996.1 2,967.2
Commitments and contingencies (Notes 13 and 16)