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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 128.2 $ 76.9
Depreciation and amortization 28.9 33.2
Benefit plan expense greater than cash funding 3.4 4.6
Deferred income taxes 37.2 (183.9)
Gain on sale of WCS (58.4)  
Gain on land sales (12.5)  
Distributions from Ti02 manufacturing joint venture, net 4.8 8.4
Long-lived asset impairment   170.6
Other, net 6.6 1.5
Change in assets and liabilities:    
Accounts and other receivables, net (64.5) (77.8)
Inventories, net (41.7) 22.6
Land held for development, net (1.2) 3.1
Accounts payable and accrued liabilities 62.7 8.8
Accounts with affiliates 25.4 0.3
Income taxes 20.1 5.8
Other, net 20.7 14.6
Net cash provided by operating activities 159.7 88.7
Cash flows from investing activities:    
Capital expenditures (27.6) (30.5)
Cash, cash equivalents and restricted cash and cash equivalents of discontinued operations at time of sale (28.9)  
Capitalized permit costs   (2.2)
Proceeds from sale of land 19.5  
Purchases of marketable securities (3.7) (5.6)
Disposals of marketable securities 3.9 5.5
Other, net 0.1  
Net cash used in investing activities (36.7) (32.8)
Indebtedness:    
Borrowings   175.7
Principal payments (3.7) (148.9)
Deferred financing costs paid   (0.2)
Valhi cash dividends paid (13.6) (13.6)
Distributions to noncontrolling interest in subsidiaries (7.9) (7.0)
Net cash provided by (used in) financing activities (25.2) 6.0
Cash, cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities 97.8 61.9
Effect of exchange rates on cash (9.3) 8.6
Balance at beginning of period 489.4 196.5
Balance at end of period 577.9 267.0
Cash paid for:    
Interest, net of capitalized interest 31.0 30.0
Income taxes, net 5.9 26.3
Noncash investing activities:    
Change in accruals for capital expenditures 1.0 4.0
Noncash financing activities:    
Trade payable to affiliate converted to indebtedness $ 36.3  
Indebtedness borrowings paid directly to lender to settle refinanced indebtedness   9.3
Indebtedness principal payments paid directly by lender   (8.4)
Indebtedness borrowings paid directly to lender for debt issuance costs   $ (0.9)