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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 211.3 $ 255.8
Restricted cash equivalents 7.9 10.6
Marketable securities 0.9 2.7
Accounts and other receivables, net 311.3 303.9
Inventories, net 418.4 443.0
Land held for development 12.4 15.0
Other current assets 14.9 17.6
Deferred income taxes 15.1 13.4
Total current assets 992.2 1,062.0
Other assets:    
Marketable securities 256.2 255.6
Investment in affiliates 84.4 89.0
Goodwill 379.7 379.7
Deferred income taxes 1.3 164.4
Other noncurrent assets 278.0 282.9
Total other assets 999.6 1,171.6
Property and equipment:    
Land 46.9 49.1
Buildings 246.5 263.1
Treatment, storage and disposal facility 159.9 159.9
Equipment 1,082.1 1,139.9
Mining properties 43.9 52.0
Construction in progress 28.9 26.2
Gross property and equipment 1,608.2 1,690.2
Less accumulated depreciation 923.5 956.6
Net property and equipment 684.7 733.6
Total assets 2,676.5 2,967.2
Current liabilities:    
Current maturities of long-term debt 9.1 9.3
Accounts payable and accrued liabilities 292.6 310.2
Income taxes 3.7 7.8
Deferred income taxes 0.4 3.9
Total current liabilities 305.8 331.2
Noncurrent liabilities:    
Long-term debt 934.7 924.8
Deferred income taxes 358.6 412.8
Accrued pension costs 226.1 249.4
Accrued environmental remediation and related costs 110.8 108.3
Accrued postretirement benefits costs 13.4 14.1
Other liabilities 103.9 112.7
Total noncurrent liabilities 1,747.5 1,822.1
Equity: Valhi stockholders' equity:    
Preferred stock 667.3 667.3
Common stock 3.6 3.6
Retained earnings (deficit) (100.4) 4.9
Accumulated other comprehensive loss (183.3) (148.6)
Treasury stock (49.6) (49.6)
Total Valhi stockholders’ equity 337.6 477.6
Noncontrolling interest in subsidiaries 285.6 336.3
Total equity 623.2 813.9
Total liabilities and equity $ 2,676.5 $ 2,967.2
Commitments and contingencies (Notes 12 and 15)