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Intangible Assets, Net | 6 Months Ended
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Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract] |
Intangible Assets, Net | Intangible Assets, Net Intangible assets, net of accumulated amortization, consisted of the following:
| June 30, 2026 |  | December 31, 2025
| Gross Cost |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Cost |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships | $ | 291 |  |  | $ | (291) |  |  | $ | — |  |  | $ | 291 |  |  | $ | (289) |  |  | $ | 2 |
TiO 2 technology | 95 |  |  | (61) |  |  | 34 |  |  | 94 |  |  | (57) |  |  | 37 |
Internal-use software and other | 253 |  |  | (84) |  |  | 169 |  |  | 249 |  |  | (74) |  |  | 175 |
Intangible assets, net | $ | 639 |  |  | $ | (436) |  |  | $ | 203 |  |  | $ | 634 |  |  | $ | (420) |  |  | $ | 214 |
As of June 30, 2026 and December 31, 2025, internal-use software included approximately $36 million and $55 million, respectively, of capitalized software costs which are not being amortized as the software is not ready for its intended use. The table below summarizes amortization expense related to intangible assets for the periods presented, recorded in the specific line items in our unaudited Condensed Consolidated Statements of Operations:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Cost of goods sold | $ | 5 |  |  | $ | 3 |  |  | $ | 9 |  |  | $ | 5 |
Selling, general and administrative expenses | 2 |  |  | 7 |  |  | 6 |  |  | 14 |
Total | $ | 7 |  |  | $ | 10 |  |  | $ | 15 |  |  | $ | 19 |
Estimated future amortization expense related to intangible assets is $15 million for the remainder of 2026, $34 million for 2027, $35 million for 2028, $33 million for 2029, $33 million for 2030 and $53 million thereafter.

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- Definition The entire disclosure for intangible asset. Includes, but is not limited to, finite- and indefinite-lived intangible assets, capitalized cost for internal-use software and software to be sold, leased, or marketed. Excludes goodwill. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(15)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
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