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Restructuring, Asset-Related, and Other Charges (Tables)

3 Months Ended

Mar. 31, 2024

Restructuring And Related Activities [Abstract]

Schedule of Restructuring Program

The following table sets forth the components of the Company’s restructuring, asset-related, and other charges by segment for the three months ended March 31, 2024 and 2023.

		Titanium Technologies				Thermal & Specialized Solutions				Advanced Performance Materials				Other Segment				Corporate				Total
Three Months Ended March 31, 2024
Employee separation charges:		$	—			$	—			$	—			$	—			$	—			$	—
Decommissioning and other charges:
Titanium Technologies Transformation Plan			4				—				—				—				—				4
Total restructuring and other charges			4				—				—				—				—				4
Asset-related charges:			—				—				—				—				—				—
Total restructuring, asset-related, and other charges		$	4			$	—			$	—			$	—			$	—			$	4
		Titanium Technologies				Thermal & Specialized Solutions				Advanced Performance Materials				Other Segment				Corporate				Total
Three Months Ended March 31, 2023
Employee separation charges:
ERP Implementation Charges		$	—			$	—			$	—			$	—			$	1			$	1
Total employee separation charges			—				—				—				—				1				1
Decommissioning and other charges:
ERP Implementation Charges			—				—				—				—				4				4
Total restructuring and other charges			—				—				—				—				5				5
Asset-related charges:
ERP Implementation Charges			—				—				—				—				11				11
Total asset-related charges			—				—				—				—				11				11
Total restructuring, asset-related, and other charges		$	—			$	—			$	—			$	—			$	16			$	16

Schedule of Restructuring Charges

The following table sets forth the change in the Company’s employee separation-related liabilities associated with its restructuring programs for the three months ended March 31, 2024.

		Titanium Technologies Transformation Plan				2023 Restructuring Program				Total
Balance at December 31, 2023		$	10			$	4			$	14
Charges to income			—				—				—
Payments			(2	)			(2	)			(4	)
Balance at March 31, 2024		$	8			$	2			$	10

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- References

No definition available.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
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-Name Accounting Standards Codification
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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482017/420-10-50-1

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-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4(b)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2

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