CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 159.8	$ 202.3
Restricted cash equivalents	12.5	7.2
Marketable securities	4.4	2.0
Accounts and other receivables, net	268.0	228.9
Refundable income taxes	1.0	7.4
Receivable from affiliates	3.2	10.3
Land held for development	10.9	9.9
Inventories, net	360.6	405.2
Other current assets	17.0	23.0
Total current assets	837.4	896.2
Other assets:
Marketable securities	253.5	254.9
Investment in TiO2 manufacturing joint venture	78.9	82.9
Goodwill	379.7	379.7
Deferred income taxes	1.2	1.3
Pension asset	1.6	1.7
Other assets	236.4	255.0
Total other assets	951.3	975.5
Property and equipment:
Land	45.4	45.4
Buildings	237.5	239.7
Equipment	1,070.6	1,061.6
Treatment, storage and disposal facilities	159.6	159.5
Mining properties	35.1	35.5
Construction in progress	41.8	33.1
Gross property and equipment	1,590.0	1,574.8
Less accumulated depreciation	935.5	909.1
Net property and equipment	654.5	665.7
Total assets	2,443.2	2,537.4
Current liabilities:
Current maturities of long-term debt	7.8	9.5
Accounts payable	94.4	104.8
Accrued liabilities	135.2	121.1
Payable to affiliates	51.6	45.5
Income taxes	5.1	5.7
Total current liabilities	294.1	286.6
Noncurrent liabilities:
Long-term debt	957.2	951.0
Deferred income taxes	275.0	321.0
Accrued pension costs	240.2	216.8
Accrued environmental remediation and related costs	107.3	108.7
Accrued postretirement benefits costs	11.1	11.8
Other liabilities	113.9	114.6
Total noncurrent liabilities	1,704.7	1,723.9
Equity: Valhi stockholders' equity:
Preferred stock, $.01 par value; 5,000 shares authorized; 5,000 shares issued	667.3	667.3
Common stock, $.01 par value; 500.0 million shares authorized; 355.2 million shares issued and outstanding	3.6	3.6
Retained earnings (deficit)	(198.5)	(155.6)
Accumulated other comprehensive loss	(221.9)	(197.0)
Treasury stock, at cost—13.2 million shares	(49.6)	(49.6)
Total Valhi stockholders’ equity	200.9	268.7
Noncontrolling interest in subsidiaries	243.5	258.2
Total equity	444.4	526.9
Total liabilities and equity	2,443.2	2,537.4
Commitments and contingencies (Notes 9,14,17 and 18)