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Related Parties (Tables) | 3 Months Ended
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Mar. 31, 2024
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following table shows the outstanding balance of the Tronox Loans, which at March 31, 2024 and December 31, 2023, is recorded on the unaudited Condensed Consolidated Balance Sheet in "Prepaid and other assets" and "Other long-term assets," respectively:
| March 31, 2024 |  | December 31, 2023
Principal balance | 65 |  | 80
Accrued interest income balance | 10 |  | 12
Total outstanding balance | 75 |  | 92
The following table shows the interest income earned on the Tronox Loans, which is recorded in "Interest income" on our unaudited Condensed Consolidated Statement of Operations:
| Three Months Ended March 31,
| 2024 |  | 2023
Interest income | 1 |  | 1
The following table shows the amount of feedstock purchased from the Slagger, which is subsequently recorded in "Cost of goods sold" on our unaudited Condensed Consolidated Statement of Operations:
| Three Months Ended March 31,
| 2024 |  | 2023
Settled as in-kind repayment of Tronox Loans | 16 |  |  | — |
Settled in cash | 8 |  |  | 43 |
Total chloride slag purchases | 24 |  |  | 43 |
The following table shows the amounts due to AMIC at period-end regarding the purchase feedstock purchased from the Slagger, which are recorded in "Accrued liabilities" on our unaudited Condensed Consolidated Balance Sheet:
| March 31, 2024 |  | December 31, 2023
Amount due to AMIC for slag purchases | 8 |  |  | — |
In the unaudited Condensed Consolidated Statement of Operations and shown in the table below, the management fees per the Original Technical Services Agreement were recorded within "Other (expense) income, net." From and after October 1, 2023, we no longer receive a management fee and the scope of services we provide is more limited, for which we receive cost reimbursement plus a nominal margin.
| Three Months Ended March 31,
| 2024 |  | 2023
Management fees | — |  | 2
Outstanding balances for these fees receivable are shown below, which are recorded within “Prepaid and other assets” on the unaudited Condensed Consolidated Balance Sheet:
| March 31, 2024 |  | December 31, 2023
Management fees and other technical support fees | — |  | 1
The note payable is recorded within "Long-term debt, net" and "Long-term debt due within one year" on the unaudited Condensed Consolidated Balance Sheet.
| March 31, 2024 |  | December 31, 2023
Note payable, due within 1 year | 7 |  | 7
Note payable, due longer than 1 year from now | 16 |  | 18
Total outstanding note payable | 23 |  | 25
Amounts regarding loan repayments for the MGT loan, which are recorded on the unaudited Condensed Consolidated Statement of Operations within “Net sales,” are shown below:
| Three Months Ended March 31,
| 2024 |  | 2023
Loan Repayment via MGT delivered to ATTM | 2 |  | 1
As a result of these transactions we have entered into related to the MGT assets, Tronox purchases chlorine gas from ATTM for use in the production of MGT and such transactions are reflected as follows:
| Three Months Ended March 31,
| 2024 |  | 2023
Purchases of chlorine gas | 1 |  | 1
These purchases are subsequently recorded within “Cost of goods sold” on the unaudited Condensed Consolidated Statement of Operations. Amounts due at period end, which are presented below, are recorded within “Accrued liabilities” on the unaudited Condensed Consolidated Balance Sheet.
| March 31, 2024 |  | December 31, 2023
Amount due related to purchases of chlorine gas | 1 |  | 1
As Tronox delivers MGT product to ATTM, amounts are recorded within “Net sales” on the unaudited Condensed Consolidated Statement of Operations, as shown below:
| Three Months Ended March 31,
| 2024 |  | 2023
MGT sales made to ATTM as product is delivered | 13 |  | 11
Amounts related to MGT deliveries that are outstanding at period end are recorded in “Prepaid and other assets” on the unaudited Condensed Consolidated Balance Sheet, as shown below:
| March 31, 2024 |  | December 31, 2023
Due from ATTM for MGT deliveries | 8 |  | 9

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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