CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current Assets
Cash and cash equivalents	$ 309	$ 619
Restricted cash	4	29
Accounts receivable (net of allowance for credit losses of $4 million and $5 million as of September 30, 2021 and December 31, 2020, respectively)	625	540
Inventories, net	1,011	1,137
Prepaid and other assets	147	200
Income taxes receivable	6	4
Total current assets	2,102	2,529
Noncurrent Assets
Property, plant and equipment, net	1,715	1,759
Mineral leaseholds, net	770	803
Intangible assets, net	214	201
Lease right of use assets, net	65	81
Deferred tax assets	995	1,020
Other long-term assets	182	175
Total assets	6,043	6,568
Current Liabilities
Accounts payable	394	356
Accrued liabilities	326	350
Short-term lease liabilities	34	39
Long-term debt due within one year	7	58
Income taxes payable	18	2
Total current liabilities	779	805
Noncurrent Liabilities
Long-term debt, net	2,675	3,263
Pension and postretirement healthcare benefits	139	146
Asset retirement obligations	160	157
Environmental liabilities	66	67
Long-term lease liabilities	27	41
Deferred tax liabilities	165	176
Other long-term liabilities	33	42
Total liabilities	4,044	4,697
Commitments and Contingencies - Note 14
Shareholders’ Equity
Tronox Holdings plc ordinary shares, par value $0.01 — 153,825,485 shares issued and outstanding at September 30, 2021 and 143,557,479 shares issued and outstanding at December 31, 2020	2	1
Capital in excess of par value	2,057	1,873
Retained earnings	596	434
Accumulated other comprehensive loss	(705)	(610)
Total Tronox Holdings plc shareholders’ equity	1,950	1,698
Noncontrolling interest	49	173
Total equity	1,999	1,871
Total liabilities and equity	$ 6,043	$ 6,568