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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 504.4 $ 499.8
Restricted cash equivalents 12.3 15.0
Marketable securities 1.8 2.5
Accounts and other receivables, net 367.4 352.6
Land held for development 3.4  
Inventories, net 454.5 515.8
Other current assets 23.0 23.1
Total current assets 1,366.8 1,408.8
Other assets:    
Investment in TiO2 manufacturing joint venture 83.1 81.3
Goodwill 379.7 379.7
Deferred income taxes 87.3 101.0
Other assets 226.3 175.3
Total other assets 776.4 737.3
Property and equipment:    
Land 45.3 46.6
Buildings 242.7 250.5
Equipment 1,133.6 1,155.2
Mining properties 22.7 28.6
Construction in progress 53.9 44.2
Gross property and equipment 1,498.2 1,525.1
Less accumulated depreciation 959.1 961.6
Net property and equipment 539.1 563.5
Total assets 2,682.3 2,709.6
Current liabilities:    
Current maturities of long-term debt 4.3 2.9
Accounts payable and accrued liabilities 274.1 339.0
Income taxes 1.6 9.1
Total current liabilities 280.0 351.0
Noncurrent liabilities:    
Long-term debt 771.1 797.5
Deferred income taxes 42.9 41.2
Payable to affiliates 56.3 56.3
Accrued pension costs 257.0 273.3
Accrued environmental remediation and related costs 95.5 96.9
Other liabilities 172.8 104.4
Total noncurrent liabilities 1,395.6 1,369.6
Equity: Valhi stockholders' equity:    
Preferred stock 667.3 667.3
Common stock 3.6 3.6
Retained earnings 235.5 220.3
Accumulated other comprehensive loss (209.6) (206.2)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders' equity 647.2 635.4
Noncontrolling interest in subsidiaries 359.5 353.6
Total equity 1,006.7 989.0
Total liabilities and equity 2,682.3 2,709.6
Commitments and contingencies (Notes 13 and 16)