CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income (loss)	$ (122.1)	$ 28.3
Depreciation and amortization	35.8	39.2
Benefit plan expense less than cash funding	0.9	(2.0)
Deferred income taxes	96.1	(7.4)
Distributions from Ti02 manufacturing joint venture, net	4.6	13.7
Other, net	2.5	1.7
Change in assets and liabilities:
Accounts and other receivables, net	(39.7)	(88.7)
Inventories, net	(2.5)	12.3
Land held for development, net	7.0	(3.4)
Accounts payable and accrued liabilities	5.2	3.3
Accounts with affiliates	26.0	6.8
Income taxes	(5.1)	(4.7)
Other, net	(13.9)	4.2
Net cash provided by (used in) operating activities	(5.2)	3.3
Cash flows from investing activities:
Capital expenditures	(23.0)	(35.2)
Capitalized permit costs	(0.4)	(0.1)
Purchases of marketable securities	(6.4)	(8.1)
Disposal of marketable securities	7.7	6.3
Change in restricted cash equivalents, net	(0.2)	17.2
Net cash used in investing activities	(22.3)	(19.9)
Indebtedness:
Borrowings	38.7	480.2
Principal payments	(28.8)	(309.2)
Deferred financing costs paid		(6.1)
Valhi cash dividends paid	(13.6)	(23.7)
Distributions to noncontrolling interest in subsidiaries	(7.3)	(12.0)
Net cash provided by (used in) financing activities	(11.0)	129.2
Cash and cash equivalents – net change from:
Operating, investing and financing activities	(38.5)	112.6
Effect of exchange rate on cash	(6.0)	(0.3)
Cash and cash equivalents at beginning of period	255.8	142.8
Cash and cash equivalents at end of period	211.3	255.1
Cash paid for:
Interest, net of capitalized interest	28.0	25.9
Income taxes, net	13.6	27.0
Noncash investing activities:
Change in accruals for capital expenditures	$ 2.0	3.3
Accrual for capital lease additions		$ 6.1