Restructuring, Asset-Related, and Other Charges (Tables)

6 Months Ended

Jun. 30, 2024

Restructuring And Related Activities [Abstract]

Schedule of Restructuring Program

The following table sets forth the components of the Company’s restructuring, asset-related, and other charges by segment for the three and six months ended June 30, 2024 and 2023.

	Titanium Technologies			Thermal & Specialized Solutions		Advanced Performance Materials			Other Segment		Corporate			Total
Three Months Ended June 30, 2024
Employee separation charges
2023 Restructuring Program	$	—		$	—	$	—		$	—	$	(1	)	$	(1	)
Total employee separation charges		—			—		—			—		(1	)		(1	)
Decommissioning and other charges:
Titanium Technologies Transformation Plan		4			—		—			—		—			4
Total decommissioning and other charges		4			—		—			—		—			4
Total restructuring and other charges		4			—		—			—		(1	)		3
Asset-related charges:		—			—		—			—		—			—
Total restructuring, asset-related, and other charges	$	4		$	—	$	—		$	—	$	(1	)	$	3
	Titanium Technologies			Thermal & Specialized Solutions		Advanced Performance Materials			Other Segment		Corporate			Total
Six Months Ended June 30, 2024
Employee separation charges:
Titanium Technologies Transformation Plan	$	(1	)	$	—	$	—		$	—	$	—		$	(1	)
2023 Restructuring Program		—			—		(1	)		—		—			(1	)
Total employee separation charges		(1	)		—		(1	)		—		—			(2	)
Decommissioning and other charges:
Titanium Technologies Transformation Plan		9			—		—			—		—			9
Total decommissioning and other charges		9			—		—			—		—			9
Total restructuring and other charges		8			—		(1	)		—		—			7
Asset-related charges:		—			—		—			—		—			—
Total restructuring, asset-related, and other charges	$	8		$	—	$	(1	)	$	—	$	—		$	7

	Titanium Technologies		Thermal & Specialized Solutions		Advanced Performance Materials		Other Segment		Corporate			Total
Three Months Ended June 30, 2023
Employee separation charges:
2022 Restructuring Program	$	—	$	—	$	—	$	—	$	(1	)	$	(1	)
Total employee separation charges		—		—		—		—		(1	)		(1	)
Decommissioning and other charges:		—		—		—		—		—			—
Total restructuring and other charges		—		—		—		—		(1	)		(1	)
Asset-related charges:		—		—		—		—		—			—
Total restructuring, asset-related, and other charges	$	—	$	—	$	—	$	—	$	(1	)	$	(1	)
	Titanium Technologies		Thermal & Specialized Solutions		Advanced Performance Materials		Other Segment		Corporate			Total
Six Months Ended June 30, 2023
Employee separation charges:
ERP Implementation Charges	$	—	$	—	$	—	$	—	$	1		$	1
2022 Restructuring Program		—		—		—		—		(1	)		(1	)
Total employee separation charges		—		—		—		—		—			—
Decommissioning and other charges:
ERP Implementation Charges		—		—		—		—		4			4
Total decommissioning and other charges		—		—		—		—		4			4
Total restructuring and other charges		—		—		—		—		4			4
Asset-related charges:
ERP Implementation Charges		—		—		—		—		11			11
Total asset-related charges		—		—		—		—		11			11
Total restructuring, asset-related, and other charges	$	—	$	—	$	—	$	—	$	15		$	15

Schedule of Restructuring Charges

The following table sets forth the change in the Company’s employee separation-related liabilities associated with its restructuring programs for the six months ended June 30, 2024.

	Titanium Technologies Transformation Plan			2023 Restructuring Program			Total
Balance at December 31, 2023	$	10		$	4		$	14
Charges to income		(1	)		(1	)		(2	)
Payments		(6	)		(2	)		(8	)
Balance at June 30, 2024	$	3		$	1		$	4