CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 200.6	$ 159.8
Restricted cash equivalents	11.1	12.5
Marketable securities	1.0	4.4
Accounts and other receivables, net	303.0	272.2
Inventories, net	378.1	360.6
Land held for development	12.6	10.9
Other current assets	14.6	17.0
Total current assets	921.0	837.4
Other assets:
Marketable securities	255.2	253.5
Investment in TiO2 manufacturing joint venture, Louisiana Pigment Company, L.P. (“LPC”)	82.0	78.9
Goodwill	379.7	379.7
Deferred income taxes	1.2	1.2
Other noncurrent assets	246.3	238.0
Total other assets	964.4	951.3
Property and equipment:
Land	46.2	45.4
Buildings	238.9	237.5
Treatment, storage and disposal facility	159.6	159.6
Equipment	1,094.6	1,070.6
Mining properties	30.2	35.1
Construction in progress	37.4	41.8
Gross property and equipment	1,606.9	1,590.0
Less accumulated depreciation	950.0	935.5
Net property and equipment	656.9	654.5
Total assets	2,542.3	2,443.2
Current liabilities:
Current maturities of long-term debt	7.6	7.8
Accounts payable and accrued liabilities	302.8	281.2
Income taxes	9.6	5.1
Total current liabilities	320.0	294.1
Noncurrent liabilities:
Long-term debt	993.2	957.2
Deferred income taxes	280.6	275.0
Accrued pension costs	244.7	240.2
Accrued environmental remediation and related costs	110.2	107.3
Accrued postretirement benefits costs	11.0	11.1
Other liabilities	116.4	113.9
Total noncurrent liabilities	1,756.1	1,704.7
Equity: Valhi stockholders' equity:
Preferred stock	667.3	667.3
Common stock	3.6	3.6
Retained deficit	(192.6)	(198.5)
Accumulated other comprehensive loss	(214.3)	(221.9)
Treasury stock	(49.6)	(49.6)
Total Valhi stockholders’ equity	214.4	200.9
Noncontrolling interest in subsidiaries	251.8	243.5
Total equity	466.2	444.4
Total liabilities and equity	2,542.3	2,443.2
Commitments and contingencies (Notes 13 and 16)