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Revenue from Contracts with Customers (Tables) | 12 Months Ended
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Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Deferred Revenue and Customer Advances by Arrangement | A roll forward of the Company’s deferred revenue and customer advances is as follows:
|  | 2023 |  |  | 2022 |
Beginning balance, January 1(1) |  | $ | 96 |  |  | $ | 40 |
Assumed deferred revenue and customer advances from Atotech Acquisition |  |  | — |  |  |  | 36 |
Additions to deferred revenue and customer advances |  |  | 167 |  |  |  | 180 |
Amount of deferred revenue and customer advances recognized in income |  |  | (184 | ) |  |  | (160 | )
Ending balance, December 31(2) |  | $ | 79 |  |  | $ | 96 |
(1) Beginning deferred revenue and customer advances as of January 1, 2023 included $94 of current deferred revenue and customer advances, and $2 of long-term deferred revenue. Beginning deferred revenue and customer advances as of January 1, 2022 included $37 of current deferred revenue and customer advances, and $3 of long-term deferred revenue. The majority of the beginning balance in 2023 and 2022 was recognized in each year. (2) Ending deferred revenue and customer advances as of December 31, 2023 included $77 of current deferred revenue and customer advances, and $2 of long-term deferred revenue. Ending deferred revenue and customer advances as of December 31, 2022 included $94 of current deferred revenue and customer advances, and $2 of long-term deferred revenue.
Summary of Revenue from Contracts with Customers | The following table summarizes revenue from contracts with customers:
|  | Year Ended December 31, 2023 |
|  | VSD |  |  | PSD |  |  | MSD |  |  | Total |
Net revenues: |  |  |  |  |  |  |  |  |  |  |  |
Products |  | $ | 1,186 |  |  | $ | 860 |  |  | $ | 1,154 |  |  | $ | 3,200 |
Services |  |  | 218 |  |  |  | 152 |  |  |  | 52 |  |  |  | 422 |
Total net revenues |  | $ | 1,404 |  |  | $ | 1,012 |  |  | $ | 1,206 |  |  | $ | 3,622 |
|  | Year ended December 31, 2022 |
|  | VSD |  |  | PSD |  |  | MSD |  |  | Total |
Net revenues: |  |  |  |  |  |  |  |  |  |  |  |
Products |  | $ | 1,720 |  |  | $ | 913 |  |  | $ | 486 |  |  | $ | 3,119 |
Services |  |  | 246 |  |  |  | 151 |  |  |  | 31 |  |  |  | 428 |
Total net revenues |  | $ | 1,966 |  |  | $ | 1,064 |  |  | $ | 517 |  |  | $ | 3,547 |
|  | Year Ended December 31, 2021 |
|  | VSD |  |  | PSD |  |  | MSD |  |  | Total |
Net revenues: |  |  |  |  |  |  |  |  |  |  |  |
Products |  | $ | 1,629 |  |  | $ | 950 |  |  | $ | — |  |  | $ | 2,579 |
Services |  |  | 233 |  |  |  | 138 |  |  |  | — |  |  |  | 371 |
Total net revenues |  | $ | 1,862 |  |  | $ | 1,088 |  |  | $ | — |  |  | $ | 2,950 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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