CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 162.2	$ 202.3
Restricted cash equivalents	7.1	7.2
Marketable securities	1.7	2.0
Accounts and other receivables, net	279.1	246.6
Inventories, net	394.9	405.2
Land held for development	10.4	9.9
Other current assets	20.6	23.0
Total current assets	876.0	896.2
Other assets:
Marketable securities	254.6	254.9
Investment in TiO2 manufacturing joint venture, Louisiana Pigment Company, L.P. (“LPC”)	83.7	82.9
Goodwill	379.7	379.7
Deferred income taxes	1.3	1.3
Other noncurrent assets	252.4	256.7
Total other assets	971.7	975.5
Property and equipment:
Land	46.5	45.4
Buildings	243.3	239.7
Treatment, storage and disposal facility	159.5	159.5
Equipment	1,083.3	1,061.6
Mining properties	36.7	35.5
Construction in progress	38.1	33.1
Gross property and equipment	1,607.4	1,574.8
Less accumulated depreciation	932.8	909.1
Net property and equipment	674.6	665.7
Total assets	2,522.3	2,537.4
Current liabilities:
Current maturities of long-term debt	9.4	9.5
Accounts payable and accrued liabilities	259.8	271.4
Income taxes	3.1	5.7
Total current liabilities	272.3	286.6
Noncurrent liabilities:
Long-term debt	971.4	951.0
Deferred income taxes	313.1	321.0
Accrued pension costs	220.7	216.8
Accrued environmental remediation and related costs	108.5	108.7
Accrued postretirement benefits costs	11.9	11.8
Other liabilities	118.2	114.6
Total noncurrent liabilities	1,743.8	1,723.9
Equity: Valhi stockholders' equity:
Preferred stock	667.3	667.3
Common stock	3.6	3.6
Retained deficit	(181.9)	(155.6)
Accumulated other comprehensive loss	(188.4)	(197.0)
Treasury stock	(49.6)	(49.6)
Total Valhi stockholders’ equity	251.0	268.7
Noncontrolling interest in subsidiaries	255.2	258.2
Total equity	506.2	526.9
Total liabilities and equity	$ 2,522.3	$ 2,537.4
Commitments and contingencies (Notes 13 and 16)