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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)

Note 29. Quarterly Financial Data (Unaudited)

 

The following table sets forth a summary of the Company’s quarterly results of operations for the years ended December 31, 2018 and 2017.

 

 

 

For the Three Months Ended

 

 

 

 

 

2018

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

 

Full Year (1),

 

Net sales

 

$

1,730

 

 

$

1,816

 

 

$

1,628

 

 

$

1,464

 

 

$

6,638

 

Cost of goods sold

 

 

1,193

 

 

 

1,259

 

 

 

1,151

 

 

 

1,064

 

 

 

4,667

 

Income before income taxes

 

 

381

 

 

 

323

 

 

 

269

 

 

 

182

 

 

 

1,155

 

Net income

 

 

297

 

 

 

282

 

 

 

275

 

 

 

142

 

 

 

996

 

Net income attributable to Chemours

 

 

297

 

 

 

281

 

 

 

275

 

 

 

142

 

 

 

995

 

Basic earnings per share of common stock

 

 

1.63

 

 

 

1.58

 

 

 

1.56

 

 

 

0.83

 

 

 

5.62

 

Diluted earnings per share of common stock

 

 

1.58

 

 

 

1.53

 

 

 

1.51

 

 

 

0.81

 

 

 

5.45

 

 

 

 

For the Three Months Ended

 

 

 

 

 

2017

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

 

Full Year (1),

 

Net sales

 

$

1,437

 

 

$

1,588

 

 

$

1,584

 

 

$

1,575

 

 

$

6,183

 

Cost of goods sold

 

 

1,081

 

 

 

1,150

 

 

 

1,119

 

 

 

1,090

 

 

 

4,438

 

Income before income taxes

 

 

173

 

 

 

225

 

 

 

250

 

 

 

264

 

 

 

912

 

Net income

 

 

151

 

 

 

161

 

 

 

207

 

 

 

228

 

 

 

747

 

Net income attributable to Chemours

 

 

150

 

 

 

161

 

 

 

207

 

 

 

228

 

 

 

746

 

Basic earnings per share of common stock

 

 

0.82

 

 

 

0.87

 

 

 

1.12

 

 

 

1.23

 

 

 

4.04

 

Diluted earnings per share of common stock

 

 

0.79

 

 

 

0.84

 

 

 

1.08

 

 

 

1.19

 

 

 

3.91

 

 

(1)

Individual quarters may not sum to full year amounts due to rounding.