VALHI INC /DE/ VHI Balance Sheet

Valhi inc /de/ (VHI)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
Current assets:
Cash and cash equivalents
483	523	504	470	463	499	571	554	478	435	424	220	200	159	205	190	162	202	232	211	199	255	240	255	256	142	115	179	179	366	123	103	57	96	128	83	325
Restricted cash equivalents
12	27	12	14	15	15	15	14	15	16	13	11	11	12	7	6	7	7	7	7	9	10	14	14	11	10	5	6	6	8	6	5	5	5	6	8	9
Marketable securities
2	2	1	2	1	2	2	1	0	3	0	0	1	4	0	1	1	2	1	0	0	2	3	3	4	3	-	-	-	0	0	0	0	22	45	80	1
Accounts and other receivables, net
351	329	367	420	389	318	381	411	416	332	383	366	303	254	302	298	279	228	270	311	322	271	357	372	348	273	352	380	411	283	339	457	451	284	382	391	261
Accrued insurance recovery related to litigation settlement
-	-	-	-	-	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refundable income taxes
-	-	-	-	-	5	-	-	-	0	-	-	-	1	-	-	-	7	-	-	-	8	-	-	-	15	-	-	-	18	-	-	-	2	-	-	1
Receivables from affiliates
-	-	-	-	-	13	-	-	-	32	-	-	-	3	-	-	-	10	-	-	-	23	-	-	-	14	-	-	-	0	-	-	-	29	-	-	0
Land held for development
-	-	3	-	1	-	9	15	8	16	21	16	12	10	16	10	10	9	7	12	10	15	17	15	17	14	-	-	-	-	-	-	-	-	-	-	-
Inventories, net
499	522	454	507	515	515	464	429	447	398	352	359	378	359	334	354	394	405	403	418	413	443	417	415	420	430	407	462	544	650	624	661	605	464	357	330	294
Other current assets
23	21	23	15	17	23	24	16	15	15	20	13	14	15	27	17	20	23	20	14	14	17	24	16	20	20	26	16	20	25	28	16	21	20	25	19	14
Current assets of discontinued operations
-	-	-	-	-	-	-	-	-	11	-	-	-	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	15	13	-	9	15	15	23	22	9	9	9	18	18	18	18	13	13	13
Total current assets
1,371	1,425	1,366	1,431	1,405	1,408	1,470	1,443	1,382	1,262	1,217	988	921	837	892	879	876	896	960	992	984	1,048	1,085	1,108	1,095	949	929	1,056	1,171	1,363	1,141	1,263	1,160	944	960	928	921
Other assets:
Marketable securities
-	-	-	-	-	4	5	256	258	255	256	257	255	253	256	256	254	254	256	256	255	255	255	255	255	253	253	254	256	256	338	329	343	354	354	376	340
Investment in TiO2 manufacturing joint venture
92	90	83	85	82	81	79	80	79	86	75	70	82	78	79	76	83	82	81	84	77	89	89	88	97	102	121	110	116	126	135	125	124	105	110	110	113
Note receivable from affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	11	11	11	-	-	-
Goodwill
379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	379	400	400	400	400	400	397	397
Deferred income taxes
104	106	87	92	96	101	94	98	112	119	120	124	1	-	1	1	1	1	1	1	159	160	136	142	146	149	162	165	168	120	104	106	114	132	154	177	192
Pension asset
-	-	-	-	-	2	-	-	-	4	-	-	-	1	-	-	-	1	-	-	-	-	-	-	-	0	-	-	-	5	-	-	-	-	-	-	0
Other intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	0
Other assets
233	230	226	227	203	167	170	175	189	169	194	196	246	164	248	255	252	255	266	278	282	277	288	287	315	336	174	157	165	156	151	153	165	164	151	136	102
Noncurrent assets of discontinued operations
-	-	-	-	-	-	-	-	-	40	-	-	-	211	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other assets
810	806	776	785	761	737	729	990	1,019	1,056	1,026	1,029	964	1,089	965	968	971	975	985	999	1,154	1,163	1,149	1,153	1,194	1,221	1,091	1,066	1,086	1,044	1,141	1,125	1,159	1,170	1,170	1,197	1,146
Property and equipment:
Land
45	46	45	46	46	46	46	46	48	47	48	47	46	42	46	46	46	45	46	46	45	49	51	53	53	51	48	47	47	48	53	51	54	53	54	57	54
Buildings
239	248	242	249	246	250	256	253	264	261	259	250	238	237	246	243	243	239	243	246	240	263	271	285	284	285	280	272	271	280	284	273	282	276	281	300	287
Treatment, storage and disposal facility
-	-	-	-	-	-	-	-	-	-	-	-	159	-	159	159	159	159	159	159	159	159	159	159	158	158	158	159	158	158	-	-	-	75	-	-	-
Equipment
1,133	1,166	1,133	1,160	1,143	1,155	1,171	1,155	1,200	1,150	1,123	1,084	1,094	1,008	1,094	1,082	1,083	1,061	1,069	1,082	1,051	1,139	1,174	1,225	1,215	1,194	1,136	1,105	1,096	1,127	1,293	1,206	1,217	1,112	1,189	1,226	1,170
Mining properties
8	26	22	28	22	28	31	31	35	35	36	32	30	35	40	36	36	35	35	43	41	52	59	62	61	66	64	60	60	72	67	56	61	63	66	69	69
Construction in progress
58	62	53	54	52	44	41	37	33	58	57	52	37	41	52	43	38	33	35	28	25	26	43	36	34	54	61	53	44	40	45	82	118	111	97	68	20
Gross property and equipment
1,485	1,549	1,498	1,539	1,510	1,525	1,547	1,525	1,580	1,552	1,526	1,466	1,606	1,365	1,639	1,611	1,607	1,574	1,588	1,608	1,564	1,690	1,758	1,821	1,808	1,811	1,750	1,699	1,679	1,728	1,744	1,670	1,734	1,692	1,689	1,722	1,601
Less accumulated depreciation and amortization
955	986	959	976	952	961	977	958	985	964	951	911	950	849	967	943	932	909	917	923	887	956	996	1,029	1,015	1,014	994	957	939	965	1,003	959	994	969	990	1,018	955
Net property and equipment
529	563	539	562	558	563	570	566	595	588	574	554	656	516	672	668	674	665	671	684	676	733	761	792	792	796	756	741	739	763	740	710	740	723	698	703	646
Total assets
2,710	2,794	2,682	2,779	2,724	2,709	2,769	3,000	2,997	2,907	2,818	2,572	2,542	2,443	2,530	2,516	2,522	2,537	2,616	2,676	2,816	2,945	2,996	3,054	3,082	2,967	2,777	2,864	2,996	3,170	3,023	3,099	3,060	2,838	2,830	2,829	2,714
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Current maturities of long-term debt
3	4	4	2	2	2	1	1	1	1	3	7	7	4	26	38	9	9	9	9	9	9	11	12	11	10	29	30	29	29	34	34	18	19	22	17	17
Accounts payable
-	-	-	-	-	111	-	-	-	116	-	-	-	92	-	-	-	104	-	-	-	136	-	-	-	133	-	-	-	169	-	-	-	196	-	-	129
Accrued liabilities
-	-	-	-	-	140	-	-	-	124	-	-	-	125	-	-	-	121	-	-	-	128	-	-	-	188	-	-	-	112	-	-	-	146	-	-	115
Accrued litigation settlement
-	-	-	-	-	60	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payables to affiliates
-	-	-	-	-	26	-	-	-	16	-	-	-	20	-	-	-	45	-	-	-	46	-	-	-	51	-	-	-	52	-	-	-	21	-	-	30
Accounts payable and accrued liabilities
257	307	274	315	335	-	343	337	290	-	327	301	302	-	274	270	259	-	283	292	253	-	335	368	378	-	331	303	340	-	331	414	335	-	338	279	-
Income taxes
15	10	1	0	9	9	36	44	32	25	22	11	9	5	5	1	3	5	5	3	8	7	0	0	9	8	0	4	31	23	21	25	39	26	25	19	7
Current liabilities of discontinued operations
-	-	-	-	-	-	-	-	-	47	-	-	-	46	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	3	-	2	2	2	2	11	10	10	11	6	6	6	6	5	5	5
Total current liabilities
277	322	280	318	347	351	381	383	324	331	354	320	320	294	306	310	272	286	298	305	274	327	349	383	402	394	372	349	412	398	393	480	400	415	391	321	305
Noncurrent liabilities:
Long-term debt
779	789	771	790	786	797	809	1,061	1,089	1,041	1,102	985	993	889	971	970	971	951	943	934	928	919	925	917	917	741	701	790	770	880	768	828	833	717	779	887	922
Deferred income taxes
33	38	42	46	42	41	44	157	169	183	259	243	280	278	310	305	313	321	344	358	409	399	416	411	409	431	431	439	472	454	455	448	457	457	449	435	417
Payable to affiliate - income taxes
56	56	56	56	56	56	57	64	70	70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term litigation settlement
-	-	-	-	-	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued pension costs
309	315	257	269	266	273	256	257	272	266	265	258	244	240	216	215	220	216	223	226	220	249	148	160	163	169	195	192	194	202	136	133	143	144	122	129	128
Accrued environmental remediation and related costs
94	95	95	95	96	96	97	101	101	110	107	110	110	107	107	107	108	108	110	110	108	108	108	110	113	113	53	55	43	42	43	44	45	34	34	36	32
Accrued postretirement benefits costs
-	-	-	-	-	-	10	10	10	-	11	11	11	11	11	11	11	11	12	13	13	14	13	13	13	13	20	20	20	21	20	20	20	20	19	19	19
Other liabilities
193	197	172	185	123	87	94	94	79	84	110	120	116	84	108	108	118	114	104	103	107	112	93	97	110	110	91	79	80	78	63	56	56	55	58	72	69
Noncurrent liabilities of discontinued operations
-	-	-	-	-	-	-	-	-	52	-	-	-	94	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total noncurrent liabilities
1,466	1,491	1,395	1,443	1,370	1,369	1,372	1,746	1,792	1,809	1,858	1,728	1,756	1,704	1,726	1,719	1,743	1,723	1,738	1,747	1,787	1,804	1,705	1,710	1,726	1,579	1,493	1,578	1,582	1,680	1,487	1,533	1,557	1,429	1,464	1,579	1,590
Equity:
Equity: Valhi stockholders' equity:
Preferred stock
667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667	667
Common stock
3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	1	3	1	1	1
Additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	10	27	44	62	78	78	78	78	81	78	81	76	76
Retained earnings
256	239	235	230	231	220	209	72	67	-17	-151	-190	-192	-198	-200	-197	-181	-155	-119	-100	10	4	2	-23	-38	-39	-55	-21	18	75	88	82	55	-19	-60	-118	-183
Accumulated other comprehensive loss
-246	-220	-209	-198	-204	-206	-180	-185	-170	-179	-182	-204	-214	-221	-182	-190	-188	-197	-193	-183	-199	-148	-47	-11	-9	-8	-35	-55	-61	-42	-13	-50	-13	-23	9	37	21
Treasury stock, at cost
49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49	50	40
Total Valhi stockholders' equity
631	640	647	653	648	635	650	508	518	424	287	226	214	200	237	234	251	268	309	337	432	477	576	590	583	601	574	606	656	733	775	732	742	657	648	613	541
Noncontrolling interest in subsidiaries
335	340	359	364	358	353	365	361	362	342	319	297	251	243	259	252	255	258	271	285	323	336	364	369	370	391	335	330	345	358	367	353	360	335	325	313	276
Total equity
966	980	1,006	1,017	1,006	989	1,015	870	880	766	606	523	466	444	497	486	506	526	580	623	755	813	941	960	953	992	910	936	1,002	1,091	1,143	1,085	1,102	993	973	927	818
Total liabilities and equity
2,710	2,794	2,682	2,779	2,724	2,709	2,769	3,000	2,997	2,907	2,818	2,572	2,542	2,443	2,530	2,516	2,522	2,537	2,616	2,676	2,816	2,945	2,996	3,054	3,082	2,967	2,777	2,864	2,996	3,170	3,023	3,099	3,060	2,838	2,830	2,829	2,714
Commitments and contingencies (Notes 13 and 16)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0