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Research and Development Expense

12 Months Ended

Dec. 31, 2020

Research And Development [Abstract]

Research and Development Expense

Note 6. Research and Development Expense

The following table sets forth the Company’s R&D expense by segment for the years ended December 31, 2020, 2019, and 2018.

		Year Ended December 31,
		2020				2019				2018
Titanium Technologies		$	31			$	29			$	28
Thermal & Specialized Solutions			18				17				19
Advanced Performance Materials			41				31				31
Chemical Solutions			2				2				2
Corporate and Other			1				1				2
Total research and development expense		$	93			$	80			$	82

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- References

No definition available.

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- Definition

The entire disclosure for research, development, and computer software activities, including contracts and arrangements to be performed for others and with federal government. Includes costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility and in-process research and development acquired in a business combination consummated during the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 985
-SubTopic 730
-URI http://asc.fasb.org/subtopic&trid=2197926

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