$VHI
VALHI INC /DE/ Stock $vhi

$vhi Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-Q Financial Statement

#000156459015009969 Filed on November 06, 2015

Income Statement

Concept	2014 Q4	2014 Q3
Revenue	$432.0M	$476.5M
YoY Change	7.97%	6.31%
Cost Of Revenue	$335.0M	$360.7M
YoY Change	-2.81%	-9.73%
Gross Profit	$97.00M	$115.8M
YoY Change	74.77%	138.27%
Gross Profit Margin	22.45%	24.3%
Selling, General & Admin	$65.30M	$67.40M
YoY Change	-46.3%	-33.33%
% of Gross Profit	67.32%	58.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$19.60M	$19.60M
YoY Change	4.26%	4.81%
% of Gross Profit	20.21%	16.93%
Operating Expenses	$65.30M	$67.40M
YoY Change	-46.3%	-33.33%
Operating Profit	$40.50M	$60.20M
YoY Change	-1064.29%	-241.65%
Interest Expense	-$7.900M	-$13.80M
YoY Change	-35.77%	0.73%
% of Operating Profit	-19.51%	-22.92%
Other Income/Expense, Net	$2.200M	$18.70M
YoY Change	-96.7%	114.94%
Pretax Income	$25.10M	$53.30M
YoY Change	-305.74%	-189.13%
Income Tax	$11.40M	$15.80M
% Of Pretax Income	45.42%	29.64%
Net Earnings	$8.800M	$28.70M
YoY Change	-43.95%	-183.92%
Net Earnings / Revenue	2.04%	6.02%
Basic Earnings Per Share
Diluted Earnings Per Share	$308.8K	$1.007M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept	2014 Q4	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$258.5M	$244.1M
YoY Change	76.33%	110.98%
Cash & Equivalents	$255.8M	$240.7M
Short-Term Investments	$2.700M	$3.400M
Other Short-Term Assets	$28.20M	$48.80M
YoY Change	35.58%	-11.11%
Inventory	$443.0M	$435.2M
Prepaid Expenses
Receivables	$247.0M	$346.5M
Other Receivables	$56.90M	$10.50M
Total Short-Term Assets	$1.049B	$1.085B
YoY Change	10.5%	16.72%
LONG-TERM ASSETS
Property, Plant & Equipment	$733.6M	$924.1M
YoY Change	-7.89%	22.2%
Goodwill	$379.7M
YoY Change	0.0%
Intangibles
YoY Change
Long-Term Investments	$344.6M	$344.2M
YoY Change	-3.09%	-8.19%
Other Assets	$277.8M	$244.6M
YoY Change	-17.64%	-24.44%
Total Long-Term Assets	$1.163B	$1.911B
YoY Change	-4.81%	3.43%
TOTAL ASSETS
Total Short-Term Assets	$1.049B	$1.085B
Total Long-Term Assets	$1.163B	$1.911B
Total Assets	$2.945B	$2.996B
YoY Change	-0.22%	7.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$136.2M	$121.5M
YoY Change	2.25%	-3.88%
Accrued Expenses	$128.0M	$126.3M
YoY Change	-15.4%	-17.23%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$9.300M	$11.80M
YoY Change	-13.08%	-60.27%
Total Short-Term Liabilities	$331.2M	$349.4M
YoY Change	-16.09%	-6.28%
LONG-TERM LIABILITIES
Long-Term Debt	$919.7M	$925.0M
YoY Change	23.98%	31.84%
Other Long-Term Liabilities	$112.7M	$330.9M
YoY Change	2.27%	3.57%
Total Long-Term Liabilities	$1.822B	$1.256B
YoY Change	15.34%	22.99%
TOTAL LIABILITIES
Total Short-Term Liabilities	$331.2M	$349.4M
Total Long-Term Liabilities	$1.822B	$1.256B
Total Liabilities	$2.153B	$2.420B
YoY Change	-8.99%	9.86%
SHAREHOLDERS EQUITY
Retained Earnings	$4.900M
YoY Change	-112.37%
Common Stock	$3.600M
YoY Change	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$49.60M
YoY Change	0.0%
Treasury Stock Shares	$13.20M
Shareholders Equity	$477.6M	$576.4M
YoY Change
Total Liabilities & Shareholders Equity	$2.967B	$2.996B
YoY Change	0.0%	7.87%

Cashflow Statement

Concept	2014 Q4	2014 Q3
OPERATING ACTIVITIES
Net Income	$8.800M	$28.70M
YoY Change	-43.95%	-183.92%
Depreciation, Depletion And Amortization	$19.60M	$19.60M
YoY Change	4.26%	4.81%
Cash From Operating Activities	$51.70M	$12.30M
YoY Change	-24.75%	-81.08%
INVESTING ACTIVITIES
Capital Expenditures	-$23.00M	-$14.50M
YoY Change	13.86%	-18.54%
Acquisitions
YoY Change
Other Investing Activities	-$14.40M	-$1.900M
YoY Change	-227.43%	-272.73%
Cash From Investing Activities	-$37.40M	-$16.40M
YoY Change	320.22%	-1.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-13.00M	-6.000M
YoY Change	-61.31%	-94.74%
NET CHANGE
Cash From Operating Activities	51.70M	12.30M
Cash From Investing Activities	-37.40M	-16.40M
Cash From Financing Activities	-13.00M	-6.000M
Net Change In Cash	1.300M	-10.10M
YoY Change	-95.04%	-84.63%
FREE CASH FLOW
Cash From Operating Activities	$51.70M	$12.30M
Capital Expenditures	-$23.00M	-$14.50M
Free Cash Flow	$74.70M	$26.80M
YoY Change	-15.97%	-67.63%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2014Q4	us-gaap	Accrued Environmental Loss Contingencies Noncurrent AccruedEnvironmentalLossContingenciesNoncurrent	108300000
CY2014Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1822100000
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	667300000
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	3600000
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	33100000
CY2014Q4	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	249400000
CY2014Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	14100000
CY2014Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	112700000
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	53200000
	vhi	Defined Benefit Plan Net Periodic Benefit Cost Greater Less Than Funding DefinedBenefitPlanNetPeriodicBenefitCostGreaterLessThanFunding	2500000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	90200000
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-9400000
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	2900000
	vhi	Equity Method Investment Distributions From Contributions To Net EquityMethodInvestmentDistributionsFromContributionsToNet	7600000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2500000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	400000
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-17100000
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-200000
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	17600000
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	39700000
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	30400000
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	15600000
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CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	240700000
	vhi	Payments To Acquire Capitalized Permit PaymentsToAcquireCapitalizedPermit	900000
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	10600000
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	10900000
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	1200000
	vhi	Increase Decrease In Accrued Capital Expenditure IncreaseDecreaseInAccruedCapitalExpenditure	3100000
	us-gaap	Stockholders Equity Other StockholdersEquityOther	200000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	36400000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-38000000
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	20400000
	vhi	Increase Decrease In Accrued Capital Expenditure IncreaseDecreaseInAccruedCapitalExpenditure	5700000
	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 18—Recent accounting pronouncements:</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, <font style="font-style:italic;">Revenue from Contracts with Customers (Topic 606)</font>.  This standard replaces existing revenue recognition guidance, which in many cases was tailored for specific industries, with a uniform accounting standard applicable to all industries and transactions.  The new standard, as amended, is currently effective for us beginning with the first quarter of 2018.  Entities may elect to adopt ASU No. 2014-09 retrospectively for all periods for all contracts and transactions which occurred during the period (with a few exceptions for practical expediency) or retrospectively with a cumulative effect recognized as of the date of adoption.  ASU No. 2014-09 is a fundamental rewriting of existing GAAP with respect to revenue recognition, and we are still evaluating the effect the Standard will have on our Condensed Consolidated Financial Statements.  We currently expect to adopt the standard in the first quarter of 2018.  In addition, we have not yet determined the method we will use to adopt the Standard.</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In April 2015, the FASB issued ASU 2015-03<font style="font-style:italic;">, Interest - Imputation of Interest (Subtopic 835-30):  Simplifying the Presentation of Debt Issuance Costs</font>, which requires unamortized debt issuance costs (or deferred financing costs) to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability, consistent with the presentation of a debt discount.  Currently, such unamortized debt issue costs are generally presented as a noncurrent asset.  ASU 2015-15, issued by the FASB in August 2015, clarified that the scope of ASU 2015-03 does not include deferred financing costs related to revolving credit facilities.  The guidance in the new standard is limited to the presentation of debt issuance costs within its scope and does not affect the recognition, measurement or amortization of debt issuance costs; therefore, the standard will not have a material effect on our Condensed Consolidated Financial Statements.  The standard is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Early adoption is permitted and the new guidance will be applied on a retrospective basis.  We currently expect to adopt the standard as of December 31, 2015.  The amount of our deferred financing costs (see Note 6) relates primarily to Kronos’ term loan indebtedness (see Note 9) which, had we already adopted the standard at September 30, 2015, would have been presented in our Condensed Consolidated Balance Sheet as a direct deduction from the carrying value of such term loan, was $5.1 million at December 31, 2014 and $5.1 million at September 30, 2015.  All of our other deferred financing costs at those dates relate to our revolving credit facilities in North America and Europe for which we have no amounts borrowed, and therefore such deferred financing costs would be recognized as an asset at such dates.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-size:9pt;"> </p></div>
CY2015Q3	vhi	Securities Earnings SecuritiesEarnings	6500000
	vhi	Securities Earnings SecuritiesEarnings	20300000
CY2015Q3	us-gaap	Insurance Recoveries InsuranceRecoveries	100000
	us-gaap	Insurance Recoveries InsuranceRecoveries	10000000
CY2015Q3	us-gaap	Gross Profit GrossProfit	49800000
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CY2014Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	924800000
CY2014Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	412800000
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	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-36300000
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	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	100000
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	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-12200000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	102500000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-17100000
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CY2015Q3	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	17700000
	us-gaap	Gross Profit GrossProfit	305800000
CY2015Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-5000000
	us-gaap	Operating Income Loss OperatingIncomeLoss	129700000
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	us-gaap	Other General Expense OtherGeneralExpense	31000000
	us-gaap	Other General Expense OtherGeneralExpense	29400000
CY2015Q3	us-gaap	Other Receivables Gross Current OtherReceivablesGrossCurrent	22600000
CY2014Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	8700000
CY2015Q3	us-gaap	Income Tax Receivable IncomeTaxReceivable	6600000
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1800000
CY2015Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1200000
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CY2015Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	90200000
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CY2014Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	256400000
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CY2014Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	64000000
CY2015Q3	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	61100000
CY2014Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	165100000
CY2015Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	161500000
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	13900000
CY2014Q4	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	6900000
CY2015Q3	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	6300000
CY2014Q4	us-gaap	Reinsurance Receivables Incurred But Not Reported Claims ReinsuranceReceivablesIncurredButNotReportedClaims	6800000
CY2015Q3	us-gaap	Reinsurance Receivables Incurred But Not Reported Claims ReinsuranceReceivablesIncurredButNotReportedClaims	7000000
CY2014Q4	us-gaap	Deposit Assets DepositAssets	6200000
CY2015Q3	us-gaap	Deposit Assets DepositAssets	6200000
CY2014Q4	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	5100000
CY2015Q3	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	5100000
CY2014Q4	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	25700000
CY2015Q3	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	13700000
CY2014Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	34600000
CY2015Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	29300000
CY2014Q4	us-gaap	Deferred Revenue And Credits Current DeferredRevenueAndCreditsCurrent	19800000
CY2015Q3	us-gaap	Deferred Revenue And Credits Current DeferredRevenueAndCreditsCurrent	33500000
	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-10500000
CY2014Q3	vhi	Incremental Net Tax Expense Benefit On Earnings Losses Of Non Us And Us Subsidiaries IncrementalNetTaxExpenseBenefitOnEarningsLossesOfNonUSAndUSSubsidiaries	-1400000
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	vhi	Incremental Net Tax Expense Benefit On Earnings Losses Of Non Us And Us Subsidiaries IncrementalNetTaxExpenseBenefitOnEarningsLossesOfNonUSAndUSSubsidiaries	-2600000
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CY2014Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	34100000
CY2015Q3	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	28900000
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CY2015Q3	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	9700000
CY2014Q4	vhi	Deferred Payment Obligation Carrying Value DeferredPaymentObligationCarryingValue	8500000
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	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	600000
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	900000
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	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	30400000
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	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	152600000
	us-gaap	Income Tax Reconciliation Tax Contingencies IncomeTaxReconciliationTaxContingencies	-2400000
	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	1200000
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	us-gaap	Income Tax Reconciliation Prior Year Income Taxes IncomeTaxReconciliationPriorYearIncomeTaxes	-1800000
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-1200000
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
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	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax	-11100000
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax	-3500000
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	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-42800000
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-48300000
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	16400000
CY2015Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-70900000
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-11700000
CY2015Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-183300000
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-8000000
CY2014Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-36100000
CY2015Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-10000000
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-39800000
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	2000000
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	-2600000
CY2014Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-8900000
CY2015Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-4600000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-10500000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-12700000
CY2014Q3	vhi	Income Tax Expense Benefit Allocable To Comprehensive Income IncomeTaxExpenseBenefitAllocableToComprehensiveIncome	7800000
CY2015Q3	vhi	Income Tax Expense Benefit Allocable To Comprehensive Income IncomeTaxExpenseBenefitAllocableToComprehensiveIncome	-18500000
	vhi	Income Tax Expense Benefit Allocable To Comprehensive Income IncomeTaxExpenseBenefitAllocableToComprehensiveIncome	1800000
	vhi	Income Tax Expense Benefit Allocable To Comprehensive Income IncomeTaxExpenseBenefitAllocableToComprehensiveIncome	88700000
	us-gaap	Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations	2400000
CY2015Q3	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	6400000
CY2015Q2	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1600000
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	2800000
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1600000
CY2014Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-200000
CY2015Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-300000
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-900000
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-300000
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1900000
CY2015Q3	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1300000
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	53600000
CY2015Q2	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-61600000
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	59200000
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-22600000
CY2014Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-37200000
CY2015Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-9300000
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-44700000
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-47800000
CY2014Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	118500000
	vhi	Accrual For Environmental Loss Contingencies Provision For New Losses And Increases For Revision In Estimates Charged To Expense AccrualForEnvironmentalLossContingenciesProvisionForNewLossesAndIncreasesForRevisionInEstimatesChargedToExpense	2900000
	us-gaap	Accrual For Environmental Loss Contingencies Payments AccrualForEnvironmentalLossContingenciesPayments	2800000
	vhi	Accrual For Environmental Loss Contingencies Increase Decrease For Currency Translation And Other AccrualForEnvironmentalLossContingenciesIncreaseDecreaseForCurrencyTranslationAndOther	1800000
CY2015Q3	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	120400000
CY2014Q4	vhi	Foreign Currency Contract Asset Liability Net Fair Value Disclosure ForeignCurrencyContractAssetLiabilityNetFairValueDisclosure	-4200000
CY2015Q3	vhi	Foreign Currency Contract Asset Liability Net Fair Value Disclosure ForeignCurrencyContractAssetLiabilityNetFairValueDisclosure	-2700000
CY2015Q3	us-gaap	Interest Rate Derivative Liabilities At Fair Value InterestRateDerivativeLiabilitiesAtFairValue	5700000

Files In Submission

Name	View Source	Status
0001564590-15-009969-index-headers.html	Edgar Link	pending
0001564590-15-009969-index.html	Edgar Link	pending
0001564590-15-009969.txt	Edgar Link	pending
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vhi-10q_20150930.htm	Edgar Link	pending
vhi-20150930.xml	Edgar Link	completed
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vhi-ex311_7.htm	Edgar Link	pending
vhi-ex312_8.htm	Edgar Link	pending
vhi-ex321_6.htm	Edgar Link	pending

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$VHI
VALHI INC /DE/ Stock $vhi

2014 Q4 Form 10-Q Financial Statement

#000156459015009969 Filed on November 06, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VHI VALHI INC /DE/ Stock $vhi

2014 Q4 Form 10-Q Financial Statement

#000156459015009969 Filed on November 06, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VHI
VALHI INC /DE/ Stock $vhi