CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 523.8	$ 499.8
Restricted cash equivalents	27.0	15.0
Marketable securities	2.1	2.5
Accounts and other receivables, net	314.0	318.4
Accrued insurance recovery related to litigation settlement	0.0	15.0
Refundable income taxes	7.9	5.7
Receivables from affiliates	7.3	13.5
Inventories, net	522.1	515.8
Other current assets	21.2	23.1
Total current assets	1,425.4	1,408.8
Other assets:
Marketable securities	6.2	4.8
Investment in TiO2 manufacturing joint venture	90.2	81.3
Goodwill	379.7	379.7
Deferred income taxes	106.0	101.0
Pension asset	7.4	2.7
Other assets	216.5	167.8
Total other assets	806.0	737.3
Property and equipment:
Land	46.2	46.6
Buildings	248.0	250.5
Equipment	1,166.0	1,155.2
Mining properties	26.2	28.6
Construction in progress	62.7	44.2
Gross property and equipment	1,549.1	1,525.1
Less accumulated depreciation and amortization	986.1	961.6
Net property and equipment	563.0	563.5
Total assets	2,794.4	2,709.6
Current liabilities:
Current maturities of long-term debt	4.9	2.9
Accounts payable	144.7	111.5
Accrued liabilities	130.5	140.8
Accrued litigation settlement	11.8	60.0
Payables to affiliates	20.4	26.7
Income taxes	10.2	9.1
Total current liabilities	322.5	351.0
Noncurrent liabilities:
Long-term debt	789.4	797.5
Deferred income taxes	38.1	41.2
Payables to affiliates	56.3	56.3
Long-term litigation settlement	60.1	17.0
Accrued pension costs	315.6	273.3
Accrued environmental remediation and related costs	95.2	96.9
Other liabilities	137.1	87.4
Total noncurrent liabilities	1,491.8	1,369.6
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; 355.3 million and 355.4 million shares issued and outstanding	3.6	3.6
Retained earnings	239.4	220.3
Accumulated other comprehensive loss	(220.7)	(206.2)
Treasury stock, at cost - 13.2 million shares	(49.6)	(49.6)
Total Valhi stockholders' equity	640.0	635.4
Noncontrolling interest in subsidiaries	340.1	353.6
Total equity	980.1	989.0
Total liabilities and equity	2,794.4	2,709.6
Commitments and contingencies (Notes 9, 14, 17 and 18)