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Net Sales (Tables) | 12 Months Ended
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Dec. 31, 2024
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 for the years ended December 31, 2024, 2023 and 2022.
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Net sales by geographic region (1) |  |  |  |  |  |  |  |  |
North America: |  |  |  |  |  |  |  |  |
Thermal & Specialized Solutions |  | $ | 1,029 |  |  | $ | 1,076 |  |  | $ | 996 |
Titanium Technologies |  |  | 1,026 |  |  |  | 1,054 |  |  |  | 1,285 |
Advanced Performance Materials |  |  | 499 |  |  |  | 556 |  |  |  | 632 |
Other Segment |  |  | 35 |  |  |  | 59 |  |  |  | 71 |
Total North America |  |  | 2,589 |  |  |  | 2,745 |  |  |  | 2,984 |
Asia Pacific: |  |  |  |  |  |  |  |  |
Thermal & Specialized Solutions |  |  | 200 |  |  |  | 192 |  |  |  | 178 |
Titanium Technologies |  |  | 657 |  |  |  | 704 |  |  |  | 928 |
Advanced Performance Materials |  |  | 518 |  |  |  | 554 |  |  |  | 657 |
Other Segment |  |  | 11 |  |  |  | 12 |  |  |  | 24 |
Total Asia Pacific |  |  | 1,386 |  |  |  | 1,462 |  |  |  | 1,787 |
Europe, the Middle East, and Africa: |  |  |  |  |  |  |  |  |
Thermal & Specialized Solutions |  |  | 362 |  |  |  | 369 |  |  |  | 320 |
Titanium Technologies |  |  | 511 |  |  |  | 519 |  |  |  | 695 |
Advanced Performance Materials |  |  | 258 |  |  |  | 297 |  |  |  | 283 |
Other Segment |  |  | 7 |  |  |  | 12 |  |  |  | 17 |
Total Europe, the Middle East, and Africa |  |  | 1,138 |  |  |  | 1,197 |  |  |  | 1,315 |
Latin America (2): |  |  |  |  |  |  |  |  |
Thermal & Specialized Solutions |  |  | 239 |  |  |  | 214 |  |  |  | 208 |
Titanium Technologies |  |  | 378 |  |  |  | 403 |  |  |  | 472 |
Advanced Performance Materials |  |  | 51 |  |  |  | 55 |  |  |  | 61 |
Other Segment |  |  | 1 |  |  |  | 2 |  |  |  | 4 |
Total Latin America |  |  | 669 |  |  |  | 674 |  |  |  | 745 |
Total net sales |  | $ | 5,782 |  |  | $ | 6,078 |  |  | $ | 6,831 |
(1) Net sales are attributed to countries based on customer location. (2) Latin America includes Mexico. The following table sets forth a disaggregation of the Company’s net sales by product group and segment for the years ended December 31, 2024, 2023 and 2022. Certain prior period amounts have been recast in order to conform with current presentation of Thermal & Specialized Solutions net sales disaggregation.
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Net sales by product group and segment |  |  |  |  |  |  |  |  |
Opteon TM refrigerants |  | $ | 810 |  |  | $ | 710 |  |  | $ | 597 |
Freon TM refrigerants |  |  | 614 |  |  |  | 722 |  |  |  | 750 |
Foam, propellants, and other |  |  | 406 |  |  |  | 419 |  |  |  | 355 |
Total Thermal & Specialized Solutions |  |  | 1,830 |  |  |  | 1,851 |  |  |  | 1,702 |
Titanium dioxide and other minerals |  |  | 2,572 |  |  |  | 2,680 |  |  |  | 3,380 |
Total Titanium Technologies |  |  | 2,572 |  |  |  | 2,680 |  |  |  | 3,380 |
Advanced materials |  |  | 808 |  |  |  | 916 |  |  |  | 1,140 |
Performance solutions |  |  | 518 |  |  |  | 546 |  |  |  | 493 |
Total Advanced Performance Materials |  |  | 1,326 |  |  |  | 1,462 |  |  |  | 1,633 |
Performance chemicals and intermediates |  |  | 54 |  |  |  | 85 |  |  |  | 116 |
Total Other Segment |  |  | 54 |  |  |  | 85 |  |  |  | 116 |
Total net sales |  | $ | 5,782 |  |  | $ | 6,078 |  |  | $ | 6,831 |
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, 2024 and 2023.
|  | December 31, |
|  | 2024 |  |  | 2023 |
Contract assets: |  |  |  |  |  |
Accounts receivable - trade, net (Note 11) |  | $ | 619 |  |  | $ | 509 |
Contract liabilities: |  |  |  |  |  |
Deferred revenue |  | $ | 11 |  |  | $ | 16 |
Customer rebates (Note 19) |  |  | 70 |  |  |  | 78 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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