XML 142 R123.htm IDEA: XBRL DOCUMENT v3.3.1.900
Guarantor Condensed Consolidating Financial Information - Impact of revision on Condensed Consolidating Impact of revision on Statements of Comprehensive (Loss) Income (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]                      
Net sales $ 1,360 $ 1,486 $ 1,508 $ 1,363 $ 1,549 $ 1,632 $ 1,682 $ 1,569 $ 5,717 [1] $ 6,432 [1] $ 6,859 [1]
Cost of goods sold 1,147 1,222 1,282 1,111 1,248 1,273 1,311 1,240 4,762 5,072 5,395
Gross (loss) profit                 955 1,360 1,464
Selling, general and administrative expense                 632 685 768
Equity in earnings of subsidiaries                 0 0  
(Loss) income before income taxes (121) (107) (18) 58 120 143 155 132 (188) 550 576
(Benefit from) provision for income taxes                 (98) 149 152
Net (loss) income $ (86) $ (29) $ (18) $ 43 $ 79 $ 108 $ 116 $ 98 (90) 401 424
Comprehensive (loss) income attributable to Chemours                 (334) 400 423
Parent Company [Member]                      
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 0 0 0
Cost of goods sold                 0 0 0
Gross (loss) profit                 0 0 0
Selling, general and administrative expense                 15 0 0
Equity in earnings of subsidiaries                 (47) 400  
Interest expense and other income, net                 (74)    
(Loss) income before income taxes                 (136) 400 0
(Benefit from) provision for income taxes                 (46) 0 0
Net (loss) income                 (90) 400 0
Comprehensive (loss) income attributable to Chemours                 (82) 400 0
Parent Company [Member] | As Reported                      
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 0    
Cost of goods sold                 0    
Gross (loss) profit                 0    
Selling, general and administrative expense                 15    
Equity in earnings of subsidiaries                 (15)    
Interest expense and other income, net                 (106)    
(Loss) income before income taxes                 (136)    
(Benefit from) provision for income taxes                 (46)    
Net (loss) income                 (90)    
Comprehensive (loss) income attributable to Chemours                 (82)    
Guarantor Subsidiaries [Member]                      
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 4,044 4,593 5,066
Cost of goods sold                 3,708 3,863 4,250
Gross (loss) profit                 336 730 816
Selling, general and administrative expense                 426 429 492
Equity in earnings of subsidiaries                 0 0  
Interest expense and other income, net                 91    
(Loss) income before income taxes                 (413) 243 225
(Benefit from) provision for income taxes                 (89) 75 72
Net (loss) income                 (324) 168 153
Comprehensive (loss) income attributable to Chemours                 (324) 168 153
Guarantor Subsidiaries [Member] | As Reported                      
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 4,067    
Cost of goods sold                 4,123    
Gross (loss) profit                 (56)    
Selling, general and administrative expense                 460    
Equity in earnings of subsidiaries                 0    
Interest expense and other income, net                 192    
(Loss) income before income taxes                 (734)    
(Benefit from) provision for income taxes                 (114)    
Net (loss) income                 (620)    
Comprehensive (loss) income attributable to Chemours                 (620)    
Non-Guarantor Subsidiaries [Member]                      
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 3,269 3,722 3,690
Cost of goods sold                 2,650 3,093 3,053
Gross (loss) profit                 619 629 637
Selling, general and administrative expense                 204 256 276
Equity in earnings of subsidiaries                 0 0  
Interest expense and other income, net                 (75)    
(Loss) income before income taxes                 321 306 340
(Benefit from) provision for income taxes                 40 76 77
Net (loss) income                 281 230 263
Comprehensive (loss) income attributable to Chemours                 29 229 262
Non-Guarantor Subsidiaries [Member] | As Reported                      
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 3,200    
Cost of goods sold                 2,246    
Gross (loss) profit                 954    
Selling, general and administrative expense                 170    
Equity in earnings of subsidiaries                 0    
Interest expense and other income, net                 (107)    
(Loss) income before income taxes                 654    
(Benefit from) provision for income taxes                 54    
Net (loss) income                 600    
Comprehensive (loss) income attributable to Chemours                 348    
Eliminations and Adjustments                      
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 (1,596) (1,883) (1,897)
Cost of goods sold                 $ (1,596) (1,884) (1,908)
Gross (loss) profit                 1 11
Selling, general and administrative expense                 $ (13) 0 0
Equity in earnings of subsidiaries                 47 (400)  
Interest expense and other income, net                 (20)    
(Loss) income before income taxes                 40 (399) 11
(Benefit from) provision for income taxes                 (3) (2) 3
Net (loss) income                 43 (397) 8
Comprehensive (loss) income attributable to Chemours                 43 $ (397) $ 8
Eliminations and Adjustments | As Reported                      
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 (1,550)    
Cost of goods sold                 (1,607)    
Gross (loss) profit                 57    
Selling, general and administrative expense                 (13)    
Equity in earnings of subsidiaries                 15    
Interest expense and other income, net                 (57)    
(Loss) income before income taxes                 28    
(Benefit from) provision for income taxes                 8    
Net (loss) income                 20    
Comprehensive (loss) income attributable to Chemours                 $ 20    
[1] Net sales are attributed to countries based on customer location.