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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 483.1 $ 523.8
Restricted cash equivalents 12.5 27.0
Marketable securities 2.1 2.1
Accounts and other receivables, net 351.0 329.2
Inventories, net 499.2 522.1
Other current assets 23.3 21.2
Total current assets 1,371.2 1,425.4
Other assets:    
Investment in TiO2 manufacturing joint venture 92.4 90.2
Goodwill 379.7 379.7
Deferred income taxes 104.1 106.0
Other assets 233.8 230.1
Total other assets 810.0 806.0
Property and equipment:    
Land 45.5 46.2
Buildings 239.0 248.0
Equipment 1,133.7 1,166.0
Mining properties 8.1 26.2
Construction in progress 58.9 62.7
Gross property and equipment 1,485.2 1,549.1
Less accumulated depreciation and amortization 955.8 986.1
Net property and equipment 529.4 563.0
Total assets 2,710.6 2,794.4
Current liabilities:    
Current maturities of long-term debt 3.8 4.9
Accounts payable and accrued liabilities 257.6 307.4
Income taxes 15.9 10.2
Total current liabilities 277.3 322.5
Noncurrent liabilities:    
Long-term debt 779.7 789.4
Deferred income taxes 33.0 38.1
Payable to affiliate - income taxes 56.3 56.3
Accrued pension costs 309.3 315.6
Accrued environmental remediation and related costs 94.6 95.2
Other liabilities 193.5 197.2
Total noncurrent liabilities 1,466.4 1,491.8
Equity: Valhi stockholders' equity:    
Preferred stock 667.3 667.3
Common stock 3.6 3.6
Retained earnings 256.4 239.4
Accumulated other comprehensive loss (246.2) (220.7)
Treasury stock, at cost (49.6) (49.6)
Total Valhi stockholders' equity 631.5 640.0
Noncontrolling interest in subsidiaries 335.4 340.1
Total equity 966.9 980.1
Total liabilities and equity 2,710.6 2,794.4
Commitments and contingencies (Notes 13 and 16)