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Shareholders' Equity | 3 Months Ended
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Mar. 31, 2017
Shareholders' Equity [Abstract] |
Shareholders' Equity |
15. | Shareholders’ Equity
The changes in outstanding Class A ordinary shares (“Class A Shares”) and Class B ordinary shares (“Class B Shares”) for the three months ended March 31, 2017 were as follows:
Class A Shares: |  |  |
Balance at January 1, 2017 |  |  | 65,165,672 |
Shares issued for share-based compensation |  |  | 1,160,133 |
Shares issued upon warrants exercised |  |  | 16,329 |
Shares issued cancelled for share-based compensation |  |  | (100,443 | )
Balance at March 31, 2017 |  |  | 66,241,691 |
Class B Shares: |  |  |  |
Balance at both March 31, 2017and December 31, 2016 |  |  | 51,154,280 |
Warrants We have outstanding Series A Warrants (the “Series A Warrants”) and Series B Warrants (the “Series B Warrants”), together (the “Warrants”). At March 31, 2017, holders of the Series A Warrants and the Series B Warrants were entitled to purchase 6.02 and 6.03 of Class A Shares, respectively, and receive $12.50 in cash at an exercise price of $51.21 for each Series A Warrant and $56.51 for each Series B Warrant. The Warrants have a seven-year term from the date initially issued and will expire on February 14, 2018. A holder may exercise the Warrants by paying the applicable exercise price in cash or exercising on a cashless basis. The Warrants are freely transferable by the holder. At March 31, 2017 and December 31, 2016, there were 237,977 and 239,306 Series A Warrants outstanding, respectively, and 322,110 and 323,915 Series B Warrants outstanding, respectively. Dividends During 2017, we declared and paid quarterly dividends to holders of our Class A Shares and Class B Shares as follows:
|  |  | Q1 2017 |
Dividend per share |  | $ | 0.045 |
Total dividend |  | $ | 6 |
Record date (close of business) |  | March 6 |
During 2016, we declared and paid quarterly dividends to holders of our Class A Shares and Class B Shares as follows:
|  |  | Q1 2016 |
Dividend per share |  | $ | 0.25 |
Total dividend |  | $ | 30 |
Record date (close of business) |  | March 4 |
Accumulated Other Comprehensive Loss Attributable to Tronox Limited The tables below present changes in accumulated other comprehensive loss by component for the three months ended March 31, 2017 and 2016.
|  | Cumulative Translation Adjustment |  |  | Pension Liability Adjustment |  |  | Unrealized Gains (Losses) on Derivatives |  |  | Total |
Balance, January 1, 2017 |  | $ | (408 | ) |  | $ | (92 | ) |  | $ | 3 |  |  | $ | (497 | )
Other comprehensive income (loss) |  |  | 18 |  |  |  | — |  |  |  | (2 | ) |  |  | 16 |
Amounts reclassified from accumulated other comprehensive loss |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 1 |
Balance, March 31, 2017 |  | $ | (390 | ) |  | $ | (91 | ) |  | $ | 1 |  |  | $ | (480 | )
|  | Cumulative Translation Adjustment |  |  | Pension Liability Adjustment |  |  | Unrealized Gains (Losses) on Derivatives |  |  | Total |
Balance, January 1, 2016 |  | $ | (496 | ) |  | $ | (102 | ) |  | $ | -— |  |  | $ | (598 | )
Other comprehensive income |  |  | 40 |  |  |  | — |  |  |  | — |  |  |  | 40 |
Amounts reclassified from accumulated other comprehensive loss |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 1 |
Balance, March 31, 2016 |  | $ | (456 | ) |  | $ | (101 | ) |  | $ | -— |  |  | $ | (557 | )

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(31)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(d)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 + Details
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