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Shareholders' Equity
 3 Months Ended
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
)