v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income $ 43.3 $ 30.3
Depreciation 34.0 31.9
Amortization of operating lease right-of-use assets 2.4 2.0
Benefit plan expense less than cash funding (0.4) (4.0)
Deferred income taxes 12.2 3.2
Gain on building sale (5.8)  
Other, net (0.5) (1.0)
Change in assets and liabilities:    
Accounts and other receivables, net (120.9) (18.2)
Inventories, net 119.1 15.8
Land held for development, net 1.6 (4.2)
Accounts payable and accrued liabilities (79.8) (100.8)
Accrued environmental remediation and related costs (0.3) (56.0)
Income taxes (8.4) (17.8)
Accounts with affiliates 4.1 (29.4)
Other, net 12.4 14.0
Net cash provided by (used in) operating activities 13.0 (134.2)
Cash flows from investing activities:    
Capital expenditures (27.8) (25.4)
Purchases of marketable securities (2.6)  
Proceeds from disposal of marketable securities 2.4 0.7
Proceeds from building sale 6.8  
Net cash used in investing activities (21.2) (24.7)
Cash flows from financing activities:    
Borrowings 283.7 306.3
Payments (255.3) (280.9)
Payments on long-term debt (16.4) (12.0)
Valhi cash dividends paid (4.5) (4.5)
Distributions to noncontrolling interest in subsidiaries (5.1) (9.6)
Net cash provided by (used in) financing activities 2.4 (0.7)
Cash, cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities (5.8) (159.6)
Effect of exchange rates on cash (0.6) 4.0
Balance at beginning of period 228.7 378.6
Balance at end of period 222.3 223.0
Cash paid for:    
Interest, net of amounts capitalized 29.6 24.8
Income taxes, net 19.0 50.7
Noncash investing activities:    
Change in accruals for capital expenditures $ 1.3 $ 3.0