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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ 65.8 $ (137.7)
Depreciation and amortization 58.8 55.7
Loss on prepayment of debt 0 8.9
Benefit plan expense greater (less) than cash funding (2.8) 0.8
Deferred income taxes 6.5 (78.5)
Distributions from Ti02 manufacturing joint venture, net 13.2 4.0
Other, net 2.9 6.4
Change in assets and liabilities:    
Accounts and other receivables, net (83.4) (35.5)
Land held for development, net (4.6)  
Inventories, net (9.6) 241.0
Accounts payable and accrued liabilities (21.2) 20.1
Accounts with affiliates 3.4 (24.7)
Income taxes (4.1) (8.8)
Other, net (9.3) (3.3)
Net cash provided by operating activities 15.6 48.4
Cash flows from investing activities:    
Capital expenditures (49.7) (54.4)
Capitalized permit costs (0.1) (0.6)
Purchases of marketable securities (10.3) (5.2)
Proceeds from:    
Disposal of marketable securities 8.9 7.8
Disposal of assets held for sale   1.6
Collection of note receivable   3.0
Change in restricted cash equivalents, net 14.8 0.9
Other, net 0.1 (0.4)
Net cash used in investing activities (36.3) (47.3)
Indebtedness:    
Borrowings 498.8 377.7
Principal payments (323.5) (565.0)
Deferred financing costs paid (6.1)  
Valhi cash dividends paid (30.4) (50.9)
Distributions to noncontrolling interest in subsidiaries (15.6) (13.7)
Other, net   (0.7)
Net cash provided by (used in) financing activities 123.2 (252.6)
Cash and cash equivalents – net change from:    
Operating, investing and financing activities 102.5 (251.5)
Effect of exchange rate on cash (4.6) 0.3
Cash and cash equivalents at beginning of period 142.8 366.9
Cash and cash equivalents at end of period 240.7 115.7
Cash paid for:    
Interest, net of capitalized interest 39.1 42.5
Income taxes, net 32.3 16.0
Noncash investing activities:    
Accrual for capital expenditures 5.7 3.5
Capital lease additions 9.0  
Noncash financing activities:    
Accrued construction retainage payable converted to note payable   $ 2.8