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Revenue Recognition and Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue See the following disaggregated revenue table and related discussions by reportable business segment for details:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Refrigerants & Applied Solutions
Refrigerants
$400 $328 $1,144 $995 
Building Solutions and Intermediates
175 181 538 548 
Alternative Energy Services
63 64 245 366 
Healthcare Packaging
49 57 152 166 
Net Refrigerants & Applied Solutions
687 630 2,079 2,075 
Electronic & Specialty Materials
Research and Performance Chemicals
126 128 379 357 
Electronic Materials
103 99 297 287 
Safety and Defense Solutions
53 50 144 138 
Net Electronic & Specialty Materials
282 277 820 782 
Net sales
$969 $907 $2,899 $2,857 
Contract with Customer, Contract Asset, Contract Liability, and Receivable
Contract balances are classified as assets or liabilities on a contract-by-contract basis at the end of each reporting period. The following table summarizes the Company’s contract assets and liabilities balances:
20252024
Contract assets - January 1
$51 $26 
Contract assets – September 30
38 55 
Change in contract assets - (decrease) increase
(13)29 
Contract liabilities - January 1
(39)(59)
Contract liabilities – September 30
(41)(15)
Change in contract liabilities - decrease (increase)
(2)43 
Net change
$(15)$72