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Net Sales (Tables)
12 Months Ended
Dec. 31, 2019
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Net Sales by Geographical Region and Segment and Product Group

The following table sets forth a disaggregation of the Company’s net sales by geographic region and segment and product group for the years ended December 31, 2019 and 2018.

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Net sales by geographic region (1)

 

 

 

 

 

 

 

 

North America:

 

 

 

 

 

 

 

 

Fluoroproducts

 

$

1,104

 

 

$

1,143

 

Chemical Solutions

 

 

313

 

 

 

341

 

Titanium Technologies

 

 

727

 

 

 

894

 

Total North America

 

 

2,144

 

 

 

2,378

 

Asia Pacific:

 

 

 

 

 

 

 

 

Fluoroproducts

 

 

673

 

 

 

675

 

Chemical Solutions

 

 

61

 

 

 

81

 

Titanium Technologies

 

 

809

 

 

 

964

 

Total Asia Pacific

 

 

1,543

 

 

 

1,720

 

Europe, the Middle East, and Africa:

 

 

 

 

 

 

 

 

Fluoroproducts

 

 

666

 

 

 

825

 

Chemical Solutions

 

 

23

 

 

 

18

 

Titanium Technologies

 

 

474

 

 

 

842

 

Total Europe, the Middle East, and Africa

 

 

1,163

 

 

 

1,685

 

Latin America (2):

 

 

 

 

 

 

 

 

Fluoroproducts

 

 

205

 

 

 

219

 

Chemical Solutions

 

 

136

 

 

 

162

 

Titanium Technologies

 

 

335

 

 

 

474

 

Total Latin America

 

 

676

 

 

 

855

 

Total net sales

 

$

5,526

 

 

$

6,638

 

 

 

 

 

 

 

 

 

 

Net sales by segment and product group

 

 

 

 

 

 

 

 

Fluoroproducts:

 

 

 

 

 

 

 

 

Fluorochemicals

 

$

1,318

 

 

$

1,497

 

Fluoropolymers

 

 

1,330

 

 

 

1,365

 

Chemical Solutions:

 

 

 

 

 

 

 

 

Mining solutions

 

 

268

 

 

 

289

 

Performance chemicals and intermediates

 

 

265

 

 

 

313

 

Titanium Technologies:

 

 

 

 

 

 

 

 

Titanium dioxide and other minerals

 

 

2,345

 

 

 

3,174

 

Total net sales

 

$

5,526

 

 

$

6,638

 

 

(1)

Net sales are attributable to countries based on customer location.

 

(2)

Latin America includes Mexico.

Summary of Contract Balances from Contracts with Customers

 

The following table sets forth the Company’s contract balances from contracts with customers at December 31, 2019 and 2018.

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Accounts receivable - trade, net (1)

 

$

602

 

 

$

790

 

Customer rebates

 

 

72

 

 

 

79

 

 

(1)

Accounts receivable - trade, net includes trade notes receivable of less than $1 and $2 at December 31, 2019 and 2018, respectively, and is net of allowances for doubtful accounts of $5 at December 31, 2019 and 2018. Such allowances are equal to the estimated uncollectible amounts.