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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income (loss) $ 301.0 $ 302.6 $ (3.0)
Depreciation and amortization 58.4 59.0 67.5
Net (gain) loss from:      
Sale of WCS (58.4)    
Land sales (12.5)    
Securities transactions, net (12.4) (0.1) (0.5)
Disposal of property and equipment, net 0.3 0.5 0.3
Noncash interest expense 2.0 2.5 2.6
Benefit plan expense greater than cash funding 5.7 10.5 4.6
Deferred income taxes (73.5) (293.2) (39.1)
Loss on prepayment of debt   7.1  
Payment for termination of interest rate swap contract   (3.3)  
Long-lived asset impairment   170.6  
Distributions from (contributions to) TiO2 manufacturing joint venture, net 4.0 (6.0) 3.6
Contract related intangible asset impairment     5.1
Other, net 13.9   1.9
Change in assets and liabilities:      
Accounts and other receivables, net (11.1) (47.5) (47.4)
Land held for development, net 7.8 6.6 18.3
Inventories, net (137.3) (5.5) 39.6
Accounts payable and accrued liabilities 65.7 12.9 (0.3)
Income taxes (18.2) 19.5 3.7
Accounts with affiliates 19.5 35.2 13.8
Other noncurrent assets 2.6 (0.9) 0.1
Other noncurrent liabilities 13.0 3.7 (3.8)
Other, net (5.0) (14.9) 12.8
Net cash provided by operating activities 165.5 259.3 79.8
Cash flows from investing activities:      
Capital expenditures (61.4) (71.3) (58.9)
Cash, cash equivalents and restricted cash and cash equivalents of discontinued operations at time of sale (28.9)    
Capitalized permit costs   (2.2) (1.5)
Purchases of marketable securities (4.4) (9.7) (11.4)
Proceeds from land sales 19.5    
Proceeds from disposal of marketable securities 18.2 9.0 10.7
Other, net   (0.2) (0.5)
Net cash used in investing activities (57.0) (74.4) (61.6)
Indebtedness:      
Borrowings   748.1 312.2
Principal payments (12.6) (600.2) (309.0)
Deferred financing costs paid   (9.0)  
Valhi cash dividends paid (27.1) (27.2) (27.1)
Distributions to noncontrolling interest in subsidiaries (20.1) (18.1) (21.6)
Net cash provided by (used in) financing activities (59.8) 93.6 (45.5)
Cash, cash equivalents and restricted cash and cash equivalents – net change from      
Operating, investing and financing activities 48.7 278.5 (27.3)
Effect of exchange rates on cash (14.4) 14.4 (5.3)
Net change for the year 34.3 292.9 (32.6)
Balance at beginning of year 489.4 196.5 229.1
Balance at end of year 523.7 489.4 196.5
Cash paid for:      
Interest, net of amounts capitalized 53.9 59.3 60.6
Income taxes, net 68.5 62.3 20.3
Noncash investing activities:      
Changes in accruals for capital expenditures 5.4 9.4 $ 8.0
Sale of investment in Amalgamated Sugar Company LLC 250.0    
Noncash financing activities:      
Trade payable to affiliate converted to indebtedness 36.3    
Deemed repayment of Snake River Sugar Company indebtedness $ (250.0)    
Borrowings paid directly to lender to settle refinanced indebtedness   9.3  
Principal payments paid directly by lender   (8.4)  
Borrowings paid directly to lender for debt issuance costs   $ (0.9)