Net Sales (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020, 2019, and 2018.

	Year Ended December 31,
	2020		2019		2018
Net sales by geographic region (1)
North America:
Titanium Technologies	$	776	$	727	$	894
Thermal & Specialized Solutions		520		592		619
Advanced Performance Materials		407		512		524
Chemical Solutions		211		313		341
Total North America		1,914		2,144		2,378
Asia Pacific:
Titanium Technologies		778		809		964
Thermal & Specialized Solutions		134		166		160
Advanced Performance Materials		450		507		515
Chemical Solutions		22		61		81
Total Asia Pacific		1,384		1,543		1,720
Europe, the Middle East, and Africa:
Titanium Technologies		528		474		842
Thermal & Specialized Solutions		331		408		555
Advanced Performance Materials		202		258		270
Chemical Solutions		25		23		18
Total Europe, the Middle East, and Africa		1,086		1,163		1,685
Latin America (2):
Titanium Technologies		320		335		474
Thermal & Specialized Solutions		120		152		163
Advanced Performance Materials		45		53		56
Chemical Solutions		100		136		162
Total Latin America		585		676		855
Total net sales	$	4,969	$	5,526	$	6,638

Net sales by segment and product group
Titanium Technologies:
Titanium dioxide and other minerals	$	2,402	$	2,345	$	3,174
Thermal & Specialized Solutions:
Refrigerants		889		1,086		1,238
Foam, propellants, and other		216		232		259
Advanced Performance Materials:
Fluoropolymers and advanced materials		1,104		1,330		1,365
Chemical Solutions:
Mining solutions		203		268		289
Performance chemicals and intermediates		155		265		313
Total net sales	$	4,969	$	5,526	$	6,638

(1)

Net sales are attributed 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, 2020 and 2019.

	December 31,
	2020		2019
Accounts receivable - trade, net (1)	$	449	$	602
Deferred revenue		12		15
Customer rebates		69		72

(1)

Accounts receivable - trade, net includes trade notes receivable of less than $1 and is net of allowances for doubtful accounts of $7 and $5 at December 31, 2020 and 2019, respectively. Such allowances are equal to the estimated uncollectible amounts.