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Investments in Affiliates (Tables)

12 Months Ended

Dec. 31, 2020

Equity Method Investments And Joint Ventures [Abstract]

Schedule of Investments in Affiliates

The following table sets forth the jurisdiction, carrying value, and ownership percentages of the Company’s investments in affiliates at December 31, 2020 and 2019.

				December 31, 2020								December 31, 2019
Investee		Jurisdiction		Carrying Value				Ownership				Carrying Value				Ownership
Chemours-Mitsui Fluorochemicals Company, Ltd.		Japan		$	104			50.0%				$	96			50.0%
The Chemours Chenguang Fluoromaterials Company Limited		China			32			50.0%					33			50.0%
Changshu 3F Zhonghao New Chemical Materials Co., Ltd.		China			31			10.0%					33			10.0%
				$	167							$	162

Schedule of Changes in Investments in Affiliates

The following table sets forth the changes in the Company’s investments in affiliates for the years ended December 31, 2020, 2019, and 2018.

		Year Ended December 31,
		2020				2019				2018
Balance at January 1,		$	162			$	160			$	173
Equity in earnings of affiliates			23				29				43
Dividends			(25	)			(28	)			(58	)
Currency translation and other			7				1				2
Balance at December 31,		$	167			$	162			$	160

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- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

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- Definition

A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates.

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