View Filing Data

Print Document View Excel Document

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2018	Oct. 29, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	Chemours Co
Entity Central Index Key	0001627223
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Type	10-Q
Trading Symbol	CC
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		171,084,799

Interim Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Net sales	$ 1,628	$ 1,584	$ 5,174	$ 4,608
Cost of goods sold	1,151	1,119	3,603	3,347
Gross profit	477	465	1,571	1,261
Selling, general, and administrative expense	163	153	466	461
Research and development expense	20	20	61	62
Restructuring, asset-related, and other charges	12	8	32	31
Total other operating expenses	195	181	559	554
Equity in earnings of affiliates	10	9	32	26
Interest expense, net	(47)	(55)	(148)	(160)
Loss on extinguishment of debt	0	0	(38)	(1)
Other income, net	24	12	115	77
Income before income taxes	269	250	973	649
(Benefit from) provision for income taxes	(6)	43	119	130
Net income	275	207	854	519
Less: Net income attributable to non-controlling interests	0	0	1	1
Net income attributable to Chemours	$ 275	$ 207	$ 853	$ 518
Per share data
Basic earnings per share of common stock	$ 1.56	$ 1.12	$ 4.77	$ 2.81
Diluted earnings per share of common stock	$ 1.51	$ 1.08	$ 4.62	$ 2.72

Interim Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net income, pre-tax	$ 269	$ 250	$ 973	$ 649
Net Income, tax	6	(43)	(119)	(130)
Net income	275	207	854	519
Hedging activities:
Unrealized loss on net investment hedge, pre-tax	(11)	(26)	2	(76)
Unrealized loss on netinvestment hedge, tax	3	10	(1)	20
Unrealized loss on netinvestment hedge, after-tax	(8)	(16)	1	(56)
Unrealized loss on cash flow hedge, pre-ax	(1)	0	6	0
Unrealized loss on cash flow hedge, tax	0	0	0	0
Unrealized loss on cash flow hedge, after-tax	(1)	0	6	0
Reclassifications to net income - cash flow hedge, pre-tax	(1)	0	(1)	0
Reclassifications to net income - cash flow hedge, tax	0	0	0	0
Reclassifications to net income - cash flow hedge, after-tax	(1)	0	(1)	0
Hedging activities, net, pre-tax	(13)	(26)	7	(76)
Hedging activities, net, tax	3	10	(1)	20
Hedging activities, net, after-tax	(10)	(16)	6	(56)
Cumulative translation adjustment, pre-tax	36	35	(17)	224
Cumulative translation adjustment, tax	0	0	0	0
Cumulative translation adjustment, after-tax	36	35	(17)	224
Defined benefit plans:
Net gain, pre-tax	0	5	0	5
Net gain, tax	0	0	0	0
Net gain, after-tax	0	5	0	5
Effect of foreign exchange rates, pre-tax	(2)	(9)	3	(36)
Effect of foreign exchange rates, tax	0	2	0	8
Effect of foreign exchange rates, after-tax	(2)	(7)	3	(28)
Amortization of prior service gain, pre- tax	0	(1)	(1)	(1)
Amortization of prior service gain, tax	0	0	0	0
Amortization of prior service gain, after-tax	0	(1)	(1)	(1)
Amortization of actuarial loss, pre-tax	4	5	11	15
Amortization of actuarial loss, tax	(1)	(1)	(2)	(3)
Amortization of actuarial loss, after-tax	3	4	9	12
Settlement loss, pre-tax	2	1	2	1
Settlement loss, tax	0	0	0	0
Settlement loss, after-tax	2	1	2	1
Defined benefit plans, net, pre-tax	4	1	15	(16)
Defined benefit plans, net, tax	(1)	1	(2)	5
Defined benefit plans, net, after-tax	3	2	13	(11)
Other comprehensive income, pre-tax	27	10	5	132
Other comprehensive income, tax	2	11	(3)	25
Other comprehensive income, after-tax	29	21	2	157
Comprehensive income, pre-tax	296	260	978	781
Comprehensive income, tax	8	(32)	(122)	(105)
Comprehensive income, after-tax	304	228	856	676
Less: Comprehensive income attributable to non-controlling interests, pre-tax	0	0	1	1
Less: Comprehensive income attributable to non-controlling interests, tax	0	0	0	0
Less: Comprehensive income attributable to non-controlling interests, after-tax	0	0	1	1
Comprehensive income attributable to Chemours, pre-tax	296	260	977	780
Comprehensive income attributable to Chemours, tax	8	(32)	(122)	(105)
Comprehensive income attributable to Chemours, after-tax	$ 304	$ 228	$ 855	$ 675

Interim Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 1,275	$ 1,556
Accounts and notes receivable, net	998	919
Inventories	1,086	935
Prepaid expenses and other	89	83
Total current assets	3,448	3,493
Property, plant, and equipment	8,885	8,511
Less: Accumulated depreciation	(5,678)	(5,503)
Property, plant, and equipment, net	3,207	3,008
Goodwill and other intangible assets, net	187	166
Investments in affiliates	179	173
Other assets	491	453
Total assets	7,512	7,293
Current liabilities:
Accounts payable	1,123	1,075
Current maturities of long-term debt	14	15
Other accrued liabilities	561	558
Total current liabilities	1,698	1,648
Long-term debt, net	3,985	4,097
Deferred income taxes	220	208
Other liabilities	463	475
Total liabilities	6,366	6,428
Commitments and contingent liabilities
Equity
Common stock (par value $0.01 per share; 810,000,000 shares authorized; 187,149,447 shares issued and 173,849,387 shares outstanding at September 30, 2018; 185,343,034 shares issued and 182,956,628 shares outstanding at December 31, 2017)	2	2
Treasury stock at cost (13,300,060 shares at September 30, 2018; 2,386,406 shares at December 31, 2017)	(636)	(116)
Additional paid-in capital	856	837
Retained earnings	1,358	579
Accumulated other comprehensive loss	(440)	(442)
Total Chemours stockholders’ equity	1,140	860
Non-controlling interests	6	5
Total equity	1,146	865
Total liabilities and equity	$ 7,512	$ 7,293

Interim Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2018	Dec. 31, 2017
Statement Of Financial Position [Abstract]
Common stock, shares authorized (in shares)	810,000,000	810,000,000
Common stock , par value (USD per share)	$ 0.01	$ 0.01
Common stock, shares Issued (in shares)	187,149,447	185,343,034
Common stock, shares outstanding (in shares)	173,849,387	182,956,628
Treasury stock (in shares)	13,300,060	2,386,406

Interim Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Millions	Total	Common Stock [Member]	Common Stock [Member] Quarterly Dividends [Member]	Common Stock [Member] Year to Date [Dividends [Member]	Treasury Stock [Member]	Additional Paid-In Capital [Member]	(Accumulated Deficit) Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Non-controlling Interests [Member]
Total stockholders' equity, beginning balance at Dec. 31, 2016	$ 104	$ 2				$ 789	$ (114)	$ (577)	$ 4
Shares, beginning balance at Dec. 31, 2016		182,600,533
Common stock issued - compensation plans (in shares)		504,098
Exercise of stock options, net	30					30
Exercise of stock options, net (in shares)		1,987,427
Stock-based compensation expense	21					21
Cancellation of unissued stock awards withheld to cover taxes	(10)					(10)
Net income	519						518		1
Dividends	(16)						(16)
Dividends per Share declared during period				$ 0.09
Other comprehensive income	157							157
Total stockholders' equity, ending balance at Sep. 30, 2017	805	$ 2				830	388	(420)	5
Shares, ending balance at Sep. 30, 2017		185,092,058
Dividends per Share, as of September 30 at Sep. 30, 2017			$ 0.03	0.09
Total stockholders' equity, beginning balance at Jun. 30, 2017	572	$ 2				820	186	(441)	5
Shares, beginning balance at Jun. 30, 2017		184,691,137
Common stock issued - compensation plans (in shares)		42,344
Exercise of stock options, net	4					4
Exercise of stock options, net (in shares)		358,577
Stock-based compensation expense	6					6
Net income	207						207
Dividends	(5)						(5)
Dividends per Share declared during period			0.03
Other comprehensive income	21							21
Total stockholders' equity, ending balance at Sep. 30, 2017	805	$ 2				830	388	(420)	5
Shares, ending balance at Sep. 30, 2017		185,092,058
Dividends per Share, as of September 30 at Sep. 30, 2017			0.03	0.09
Total stockholders' equity, beginning balance at Dec. 31, 2017	865	$ 2			$ (116)	837	579	(442)	5
Shares, beginning balance at Dec. 31, 2017		185,343,034			2,386,406
Common stock issued - compensation plans (in shares)		787,451
Exercise of stock options, net	15					15
Exercise of stock options, net (in shares)		1,018,962
Purchases of treasury stock at cost	(520)				$ (520)
Purchases of treasury stock at cost (in shares)					(10,926,065)
Shares issued under employee stock purchase plan (in shares)					(12,411)
Stock-based compensation expense	20					20
Cancellation of unissued stock awards withheld to cover taxes	(16)					(16)
Net income	854						853		1
Dividends	(74)						(74)
Dividends per Share declared during period				0.42
Other comprehensive income	2							2
Total stockholders' equity, ending balance at Sep. 30, 2018	$ 1,146	$ 2			$ (636)	856	1,358	(440)	6
Shares, ending balance at Sep. 30, 2018		187,149,447			13,300,060
Dividends per Share, as of September 30 at Sep. 30, 2018	$ 0.17		0.25	0.42
Total stockholders' equity, beginning balance at Jun. 30, 2018	$ 1,025	$ 2			$ (500)	859	1,127	(469)	6
Shares, beginning balance at Jun. 30, 2018		186,594,368			10,073,236
Common stock issued - compensation plans (in shares)		431,744
Exercise of stock options, net	2					2
Exercise of stock options, net (in shares)		123,335
Purchases of treasury stock at cost	(136)				$ (136)
Purchases of treasury stock at cost (in shares)					(3,226,824)
Stock-based compensation expense	5					5
Cancellation of unissued stock awards withheld to cover taxes	(10)					(10)
Net income	275						275
Dividends	(44)						(44)
Dividends per Share declared during period			0.25
Other comprehensive income	29							29
Total stockholders' equity, ending balance at Sep. 30, 2018	$ 1,146	$ 2			$ (636)	$ 856	$ 1,358	$ (440)	$ 6
Shares, ending balance at Sep. 30, 2018		187,149,447			13,300,060
Dividends per Share, as of September 30 at Sep. 30, 2018	$ 0.17		$ 0.25	$ 0.42

Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities
Net income	$ 854	$ 519
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	213	204
Asset-related charges	0	3
Gain on sales of assets and businesses	(45)	(14)
Equity in earnings of affiliates, net	(4)	(26)
Loss on extinguishment of debt	38	1
Amortization of debt issuance costs and issue discounts	9	10
Deferred tax provision	3	53
Other operating charges and credits, net	9	26
Decrease (increase) in operating assets:
Accounts and notes receivable, net	(87)	(110)
Inventories and other operating assets	(186)	(91)
(Decrease) increase in operating liabilities:
Accounts payable and other operating liabilities	77	(238)
Cash provided by operating activities	881	337
Cash flows from investing activities
Purchases of property, plant, and equipment	(344)	(246)
Acquisition of business, net	(37)	0
Proceeds from sales of assets and businesses, net	46	39
Foreign exchange contract settlements, net	8	5
Cash used for investing activities	(327)	(202)
Cash flows from financing activities
Proceeds from issuance of debt, net	520	494
Debt repayments	(675)	(24)
Payments related to extinguishment of debt	(29)	(1)
Payments of debt issuance costs	(12)	(6)
Purchases of treasury stock, at cost	(520)	0
Proceeds from exercised stock options, net	15	30
Payments related to tax withholdings on vested restricted stock units	(16)	(10)
Payments of dividends	(106)	(16)
Cash (used for) provided by financing activities	(823)	467
Effect of exchange rate changes on cash and cash equivalents	(12)	31
(Decrease) increase in cash and cash equivalents	(281)	633
Cash and cash equivalents at January 1,	1,556	902
Cash and cash equivalents at September 30,	1,275	1,535
Non-cash investing and financing activities:
Changes in property, plant, and equipment included in accounts payable	12	(16)
Obligations incurred under build-to-suit lease arrangement	41	0
Purchases of treasury stock not settled by period-end	$ 10	$ 0

Background, Description of the Business and Basis of Presentation	9 Months Ended
	Sep. 30, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Background, Description of the Business, and Basis of Presentation	Note 1. Background, Description of the Business, and Basis of Presentation The Chemours Company (Chemours, or the Company) is a leading, global provider of performance chemicals that are key inputs in end-products and processes in a variety of industries. The Company delivers customized solutions with a wide range of industrial and specialty chemical products for markets, including plastics and coatings, refrigeration and air conditioning, general industrial, electronics, mining, and oil refining. The Company’s principal products include refrigerants, industrial fluoropolymer resins, sodium cyanide, performance chemicals and intermediates, and titanium dioxide (TiO₂) pigment. Chemours’ business consists of three reportable segments: Fluoroproducts, Chemical Solutions, and Titanium Technologies. The Fluoroproducts segment is a leading, global provider of fluoroproducts, including refrigerants and industrial fluoropolymer resins. The Chemical Solutions segment is a leading, North American provider of industrial chemicals used in gold production, industrials, and consumer applications. The Titanium Technologies segment is a leading, global provider of TiO₂ pigment, a premium white pigment used to deliver whiteness, brightness, opacity, and protection in a variety of applications. The accompanying interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) in the United States of America (U.S.) for interim financial information. In the opinion of management, all adjustments (consisting of normal, recurring adjustments) considered necessary for a fair statement of the results for interim periods have been included. The Company’s results for interim periods should not be considered indicative of its results for a full year, and the year-end consolidated balance sheet does not include all of the disclosures required by GAAP. As such, these interim consolidated financial statements should be read in conjunction with the Consolidated Financial Statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017. Certain prior period amounts have been reclassified to conform to the current period presentation, the effect of which was not material to the Company’s interim consolidated financial statements. Unless the context otherwise requires, references herein to “The Chemours Company,” “Chemours,” “the Company,” “our Company,” “we,” “us,” and “our” refer to The Chemours Company and its consolidated subsidiaries. References herein to “DuPont” refer to E. I. du Pont de Nemours and Company, a Delaware corporation, and its consolidated subsidiaries (other than Chemours and its consolidated subsidiaries), unless the context otherwise requires.

Recent Accounting Pronouncements

9 Months Ended

Sep. 30, 2018

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Recent Accounting Pronouncements

Note 2. Recent Accounting Pronouncements

Accounting Guidance Issued and Not Yet Adopted

Leases

In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842) (ASU No. 2016-02), which supersedes the leases requirements in Topic 840. The core principle of ASU No. 2016-02 is that a lessee should recognize on the balance sheet the lease assets and lease liabilities that arise from all lease arrangements with terms greater than 12 months. Recognition of these lease assets and lease liabilities represents a change from previous GAAP, which did not require lease assets and lease liabilities to be recognized for operating leases. Qualitative disclosures along with specific quantitative disclosures will be required to provide enough information to supplement the amounts recorded in the financial statements so that users can understand more about the nature of an entity’s leasing activities.

The provisions of ASU No. 2016-02 are effective for the Company’s fiscal year beginning January 1, 2019, including interim periods within that fiscal year. The guidance includes a number of optional practical expedients that the Company may elect to apply.

In July 2018, the FASB issued ASU No. 2018-11, Leases - Targeted Improvements, as an update to the previously issued guidance. This update added a transition option which allows for recognition of a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption without recasting the financial statements in periods prior to adoption. The Company plans to elect this transition option.

At adoption, the Company expects to recognize a material increase in total assets and total liabilities resulting from the recognition of right-of-use assets and the related lease liabilities initially measured at the present value of its future operating lease payments. The impact of adopting ASU No. 2016-02 will depend on the Company’s lease portfolio as of the adoption date. The Company continues to evaluate the impacts of adopting this guidance on its financial position, results of operations, and cash flows, and is updating its systems, processes, and internal controls to meet the new reporting and disclosure requirements in ASU No. 2016-02.

Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

In February 2018, the FASB issued ASU No. 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (ASU No. 2018-02), which allows for a reclassification from accumulated other comprehensive income or loss to retained earnings for any stranded tax effects resulting from U.S. tax reform. The amendments in this update also require certain disclosures about stranded tax effects. ASU No. 2018-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company does not expect that the adoption of this guidance will have a significant impact on its financial position.

Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract

In August 2018, the FASB issued ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract (ASU No. 2018-15), which aligns the requirements for capitalizing implementation costs incurred in a cloud computing arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Pursuant to the amendments, the Company, when acting as a customer to a cloud computing arrangement that is a service contract, is required to follow the guidance in Subtopic 350-40 to determine which implementation costs to capitalize as an asset related to the service contract and which costs to expense. ASU No. 2018-15 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted in any interim period. Upon adoption, the Company will have the option to elect whether it applies the amendments under ASU No. 2018-15 retrospectively, or prospectively to all implementation costs incurred after the date of adoption. The Company is currently evaluating the impacts of adopting this guidance on its financial position, results of operations, and cash flows.

Recently Adopted Accounting Guidance

Revenue from Contracts with Customers

In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (ASU No. 2014-09). The objective of this standard is to remove inconsistent practices with regard to revenue recognition between GAAP and International Financial Reporting Standards. The standard intends to improve the comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets. Subsequent to the issuance of ASU No. 2014-09, the FASB issued multiple clarifying updates in connection with the standard (collectively, Topic 606).

Effective January 1, 2018, Chemours adopted the new revenue recognition guidance contained in Topic 606 using the modified retrospective transition method. The Company elected to utilize a practical expedient allowed under the modified retrospective transition method to apply the new standard only to contracts that are not completed on the date of initial adoption. In applying this guidance, the Company evaluated its population of open contracts with customers on January 1, 2018 and determined that the impact of adopting Topic 606 was not material to its consolidated financial statements as a whole. No cumulative adjustment to the Company’s opening retained earnings balance was required. As a result of applying this new guidance, there are changes to the classification of certain amounts in the consolidated statements of operations. Certain royalty income amounts for trademark licensing arrangements that were previously reflected as a component of other income, net in the consolidated statements of operations are now reflected as a component of net sales, which amounted to $1 and $4 for the three and nine months ended September 30, 2018, respectively. Additionally, certain expenses related to the Company’s provision of technical services to customers that were previously reflected as a component of selling, general, and administrative expense in the consolidated statements of operations will now be reflected as a component of the cost of goods sold, which amounted to less than $1 and $2 for the three and nine months ended September 30, 2018, respectively. Under the modified retrospective transition method, the Company’s comparative financial information as of and for the three and nine months ended September 30, 2017 and as of December 31, 2017 has not been restated, and as such, continues to be reported using the accounting standards in effect during those time periods.

The following table sets forth the impacts of the adoption of Topic 606 on the Company’s consolidated statements of operations for the three months ended September 30, 2018.

	Three Months Ended September 30, 2018
	Without			Topic 606
	Topic 606			Adjustments			As Reported
Net sales	$	1,627		$	1		$	1,628
Cost of goods sold		1,151			—			1,151
Gross profit		476			1			477
Selling, general, and administrative expense		163			—			163
Research and development expense		20			—			20
Restructuring, asset-related, and other charges		12			—			12
Total other operating expenses		195			—			195
Equity in earnings of affiliates		10			—			10
Interest expense, net		(47	)		—			(47	)
Loss on extinguishment of debt		—			—			—
Other income, net		25			(1	)		24
Income before income taxes		269			—			269
Benefit from income taxes		(6	)		—			(6	)
Net income		275			—			275
Less: Net income attributable to non-controlling interests		—			—			—
Net income attributable to Chemours	$	275		$	—		$	275

The following table sets forth the impacts of the adoption of Topic 606 on the Company’s consolidated statements of operations for the nine months ended September 30, 2018.

	Nine Months Ended September 30, 2018
	Without			Topic 606
	Topic 606			Adjustments			As Reported
Net sales	$	5,170		$	4		$	5,174
Cost of goods sold		3,601			2			3,603
Gross profit		1,569			2			1,571
Selling, general, and administrative expense		468			(2	)		466
Research and development expense		61			—			61
Restructuring, asset-related, and other charges		32			—			32
Total other operating expenses		561			(2	)		559
Equity in earnings of affiliates		32			—			32
Interest expense, net		(148	)		—			(148	)
Loss on extinguishment of debt		(38	)		—			(38	)
Other income, net		119			(4	)		115
Income before income taxes		973			—			973
Provision for income taxes		119			—			119
Net income		854			—			854
Less: Net income attributable to non-controlling interests		1			—			1
Net income attributable to Chemours	$	853		$	—		$	853

The adoption of Topic 606 did not impact the Company’s consolidated balance sheets or consolidated statements of cash flows as of and for the nine months ended September 30, 2018 and is not expected to have a material impact on the Company’s financial position, results of operations, or cash flows in future periods.

Classification of Certain Cash Receipts and Cash Payments

In August 2016, the FASB issued various updates to ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (ASU No. 2016-15), which clarifies and amends the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The provisions of ASU No. 2016-15 are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, and are to be applied using a retrospective transition method. The Company adopted ASU No. 2016-15 on January 1, 2018, the impact of which was not material to its cash flows. There were no adjustments to prior periods resulting from the retrospective application of this guidance.

Clarifying the Definition of a Business

In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (ASU No. 2017-01), which changes the definition of a business to assist entities in evaluating whether a transaction should be accounted for as an acquisition (or disposal) of assets or a business. ASU No. 2017-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company adopted this guidance on January 1, 2018, the result of which did not have a significant impact on its financial position, results of operations, or cash flows.

Retirement Benefits

In March 2017, the FASB issued ASU No. 2017-07, Compensation - Retirement Benefits (Topic 715) (ASU No. 2017-07), which requires that employers offering their employees defined benefit pension plans disaggregate the service cost component from the other components of net benefit cost. The amendments also provide explicit guidance on how to present the service cost component and the other components of net benefit cost in the income statement and allow only the service cost component of net benefit cost to be eligible for capitalization. The provisions of ASU No. 2017-07 are effective for fiscal years beginning after December 31, 2017, as well as interim periods within those fiscal years, and should be applied (i) retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic post-retirement benefit cost in the income statement, and (ii) prospectively for the capitalization of the service cost component of net periodic pension cost and net periodic post-retirement benefit in assets. The Company adopted this guidance on January 1, 2018, which resulted in a reclassification of non-operating pension income from the operating expense captions of the consolidated statements of operations to other income, net for the three and nine months ended September 30, 2017.

The following table sets forth a reclassification of the Company’s non-operating pension and other post-retirement employee benefit income for the three months ended September 30, 2017.

	Three Months Ended September 30, 2017
				ASU No. 2017-07
	As Reported			Adjustments			As Reclassified
Net sales	$	1,584		$	—		$	1,584
Cost of goods sold		1,117			2			1,119
Gross profit		467			(2	)		465
Selling, general, and administrative expense		148			5			153
Research and development expense		20			—			20
Restructuring, asset-related, and other charges		8			—			8
Total other operating expenses		176			5			181
Equity in earnings of affiliates		9			—			9
Interest expense, net		(55	)		—			(55	)
Loss on extinguishment of debt		—			—			—
Other income, net		5			7			12
Income before income taxes		250			—			250
Provision for income taxes		43			—			43
Net income		207			—			207
Less: Net income attributable to non-controlling interests		—			—			—
Net income attributable to Chemours	$	207		$	—		$	207

The following table sets forth a reclassification of the Company’s non-operating pension and other post-retirement employee benefit income for the nine months ended September 30, 2017.

	Nine Months Ended September 30, 2017
				ASU No. 2017-07
	As Reported			Adjustments			As Reclassified
Net sales	$	4,608		$	—		$	4,608
Cost of goods sold		3,341			6			3,347
Gross profit		1,267			(6	)		1,261
Selling, general, and administrative expense		444			17			461
Research and development expense		61			1			62
Restructuring, asset-related, and other charges		31			—			31
Total other operating expenses		536			18			554
Equity in earnings of affiliates		26			—			26
Interest expense, net		(160	)		—			(160	)
Loss on extinguishment of debt		(1	)		—			(1	)
Other income, net		53			24			77
Income before income taxes		649			—			649
Provision for income taxes		130			—			130
Net income		519			—			519
Less: Net income attributable to non-controlling interests		1			—			1
Net income attributable to Chemours	$	518		$	—		$	518

Derivatives and Hedging

In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815) (ASU No. 2017-12), which simplifies financial statement reporting for qualifying hedging relationships by eliminating the requirement to separately measure and report hedge ineffectiveness. For net investment hedges, the entire change in fair value of the hedging instruments is recorded in the currency translation adjustment section of other comprehensive income or loss. Pursuant to the amendments, these amounts are required to be subsequently reclassified to earnings in the same income statement line item in which the earnings effect of the hedged item is presented when the hedged item affects earnings. The provisions of ASU No. 2017-12 are effective for the Company’s fiscal year beginning January 1, 2019, including interim periods within that fiscal year. Early adoption is permitted in any interim period. The amendments in this update are applied to hedging relationships existing on the date of adoption, which includes a cumulative-effect adjustment to eliminate any ineffectiveness recorded to accumulated other comprehensive income or loss with a corresponding adjustment to the opening balance of retained earnings as of the beginning of the fiscal year in which adoption occurred. Presentation and disclosure amendments are required to be applied prospectively. The Company elected to adopt this guidance during the second quarter of 2018, the result of which did not have an impact on its financial position, results of operations, or cash flows.

Significant Transactions and Events

9 Months Ended

Sep. 30, 2018

Significant Transactions And Events [Abstract]

Significant Transactions and Events

Note 3. Significant Transactions and Events

Sale of Land in Linden, New Jersey

In March 2016, the Company entered into an agreement to sell a 210-acre plot of land that formerly housed a DuPont manufacturing site located in Linden, New Jersey. The land was assigned to Chemours in connection with its separation from DuPont, and the Company completed the sale in March 2018 for a gain of $42 and net cash proceeds of $39. As part of the sales agreement, the buyer agreed to assume certain costs associated with ongoing environmental remediation activities at the site amounting to $3, which have been reflected as a component of prepaid expenses and other on the consolidated balance sheets. Chemours remains responsible for certain other ongoing environmental remediation activities at the site, which were previously accrued as a component of other liabilities on the consolidated balance sheets.

Acquisition of ICOR International, Inc.

In April 2018, the Company, through its wholly-owned subsidiary, The Chemours Company FC, LLC, entered into a Stock Purchase Agreement (SPA) to acquire all of the outstanding stock of ICOR International, Inc. (ICOR), a closely-held private company that produces, sells, and distributes replacement refrigerant gases for use in commercial, industrial, and automotive refrigerant applications. Pursuant to the terms of the SPA, the Company paid $37 in total consideration at closing in the all-cash acquisition, which included customary working capital and other adjustments made within a specified time period. The acquisition of ICOR complements the Company’s existing portfolio of product offerings within the Fluoroproducts segment, as well as provides the Company with access to ICOR’s established customer base and assembled workforce.

The Company accounted for the acquisition of ICOR as a business combination, and as such, all assets acquired and liabilities assumed were recorded at their estimated fair values. The excess of the consideration transferred over the fair value of the identifiable net assets acquired was recorded as goodwill within the Fluoroproducts segment, which represents the expected future benefits arising from the assembled workforce and other synergies to be realized from the acquisition of ICOR. The Company intends to elect to treat the acquisition of ICOR as an asset acquisition under the Internal Revenue Code, and as such, expects that all of the related goodwill will be deductible for federal income tax purposes.

The following table sets forth the Company’s preliminary fair value estimates of the assets acquired and liabilities assumed in the acquisition of ICOR. These amounts are subject to further adjustment as additional information is obtained during the applicable measurement period, which includes the finalization of a third-party appraisal. The Company expects to complete its assessment by the end of 2018.

	Fair Value At		Measurement Period			Adjusted		Weighted-average
	Acquisition Date		Adjustments			Fair Value		Useful Life (Years)
Assets acquired:
Accounts receivable - trade	$	4	$	—		$	4
Inventories		8		—			8
Property, plant, and equipment		1		—			1
Identifiable intangible asset:
Customer relationships (1)		20		2			22		5
Total assets acquired		33		2			35
Liabilities assumed:
Accounts payable		1		—			1
Other accrued liabilities		1		—			1
Total liabilities assumed		2		—			2
Total identifiable net assets acquired		31		2			33
Goodwill (1)		6		(2	)		4
Net assets acquired	$	37	$	—		$	37

(1)

During the three months ended September 30, 2018, the Company recorded a measurement period adjustment to its customer relationships based on an ongoing analysis associated with the preparation of a third-party appraisal.

The fair value of the customer relationships was determined using the excess earnings method, which is a discounted cash flows approach. This method takes into account significant unobservable inputs and is a Level 3 fair value measurement within the fair value hierarchy. The use of this valuation methodology requires management to make various assumptions, including, but not limited to, assumptions about future profitability, cash flows, and discount rates applicable to the acquired business and, where applicable, market participants. These assumptions are based on management’s best estimates and include considerations related to management’s knowledge and experience, historical trends, general economic conditions, and other situational factors.

The Company’s consolidated financial statements include ICOR’s results of operations from April 2, 2018, the date of acquisition, through September 30, 2018. Net sales and net income attributable to Chemours contributed by ICOR during this period were not material to the Company’s or its Fluoroproducts segment’s results of operations. Acquisition-related expenses amounted to less than $1 during the three and nine months ended September 30, 2018 and are included as a component of selling, general, and administrative expense in the consolidated statements of operations.

Net Sales

9 Months Ended

Sep. 30, 2018

Revenue From Contract With Customer [Abstract]

Net Sales

Note 4. Net Sales

Revenue Recognition

Prior to the adoption of Topic 606, Chemours recognized revenue when the earnings process was complete. Revenue for product sales was recognized when product was shipped to the customer in accordance with the terms of the agreement, when title and the risk of loss were transferred, when collectability was reasonably assured, and when pricing was fixed or determinable. Any payments received in advance were recorded as deferred revenue and recognized as shipments were made and title, ownership, and the risk of loss were transferred to the customer. The Company accrued for sales returns and other allowances based on its historical experience, with cash sales incentives reflected as a reduction in revenue and non-cash sales incentives reflected as a charge to the cost of goods sold recorded contemporaneously with the related revenue or selling expense, depending on the nature of the incentive. Amounts billed to customers for shipping and handling fees were included in net sales, and the costs incurred by the Company for the delivery of goods were classified as a component of the cost of goods sold in the consolidated statements of operations. Taxes on revenue-producing transactions were excluded from net sales.

Licensing and royalty income was recognized as a component of other income, net in the consolidated statements of operations in accordance with agreed-upon terms, when performance obligations were satisfied, when collectability was reasonably assured, and when pricing was fixed or determinable.

With the adoption of Topic 606, Chemours recognizes revenue using a five-step model resulting in revenue being recognized as performance obligations within a contract have been satisfied. The steps within that model include: (i) identifying the existence of a contract with a customer; (ii) identifying the performance obligations within the contract; (iii) determining the contract’s transaction price; (iv) allocating the transaction price to the contract’s performance obligations; and, (v) recognizing revenue as the contract’s performance obligations are satisfied. A contract with a customer exists when: (i) the Company enters into an enforceable agreement that defines each party’s rights regarding the goods or services to be transferred, and the related payment terms; (ii) the agreement has commercial substance; and, (iii) it is probable that the Company will collect the consideration to which it is entitled to in the exchange. A performance obligation is a promise in a contract to transfer a distinct good or service, or a series of distinct goods or services to a customer and serves as the unit of account for Topic 606. The transaction price is the customary amount of consideration that the Company expects to be entitled to in exchange for a transfer of the promised goods or services to a customer, excluding any amounts collected by the Company on behalf of third-parties (e.g., sales and use taxes). Judgment is required to apply the principles-based, five-step model for revenue recognition outlined in Topic 606. Management is required to make certain estimates and assumptions about the Company’s contracts with its customers, including, among others, the nature and extent of its performance obligations, its transaction price amounts and any allocations thereof, the critical events which constitute satisfaction of its performance obligations, and when control of any promised goods or services is transferred to its customers.

The Company’s revenue from contracts with customers is reflected in the consolidated statements of operations as net sales, the vast majority of which represents product sales that consist of a single performance obligation. Product sales to customers are made under a purchase order (PO), or in certain cases, in accordance with the terms of a master services agreement (MSA) or similar arrangement, which documents the rights and obligations of each party to the contract. When a customer submits a PO for product or requests product under an MSA, a contract for a specific quantity of distinct goods at a specified price is created, and the Company’s performance obligation under the contract is satisfied when control of the product is transferred to the customer, which is indicated by shipment of the product and the transfer of title and the risk of loss to the customer. Revenue is recognized on consignment sales when control transfers to the customer, generally at the point of customer usage of the product. The transaction price for product sales is generally the amount specified in the PO or in the request under an MSA; however, as is common in Chemours’ industry, the Company offers variable consideration in the form of rebates, volume discounts, early payment discounts, pricing based on formulas or indices, price matching, and guarantees to certain customers. Such amounts are included in the Company’s estimated transaction price using either the expected value method or the most-likely amount, depending on the nature of the variable consideration included in the contract. The Company regularly assesses its customers’ creditworthiness, and product sales are made based on established credit limits. Payment terms for the Company’s invoices are typically less than 90 days.

The Company also licenses the right to access certain of its trademarks to customers under specified terms and conditions in certain arrangements, which is recognized as a component of net sales in the consolidated statements of operations under Topic 606. Under such arrangements, the Company may receive a royalty payment for a trademark license that is entered into on a stand-alone basis or incorporated into an overall product sales arrangement. Royalty income is generally based on customer sales and recognized under the sales-based exception as the customer sale occurs. When minimum guaranteed royalty amounts are included in the transaction price, the Company recognizes royalty income ratably over the license period for the minimum amount. When there is no consideration specified for the use of the Company’s trademark, the entire transaction price is recognized in connection with the transfer of control of product. Royalty income resulting from the right to use the Company’s technology is considered outside the scope of Topic 606 as it is not a part of the Company’s ongoing major or central activities, and consistent with past practice, is recognized as a component of other income, net in the consolidated statements of operations in accordance with agreed-upon terms at the point or points in time that performance obligations are satisfied.

Consistent with the fact that the vast majority of the Company’s payment terms are less than 90 days from the point at which control of the promised goods or services is transferred, no adjustments have been made for the effects of a significant financing component under Topic 606. Additionally, the Company has elected to recognize the incremental costs associated with obtaining contracts as an expense when incurred if the amortization period of the assets that the Company would have recognized is one year or less. Amounts billed to customers for shipping and handling fees are considered a fulfillment cost and are included in net sales, and the costs incurred by the Company for the delivery of goods are classified as a component of the cost of goods sold in the consolidated statements of operations.

Disaggregation of Net Sales

The following table sets forth a disaggregation of the Company’s net sales by geographic region, product group, and segment for the three months ended September 30, 2018.

	Three Months Ended September 30, 2018
			Chemical		Titanium
	Fluoroproducts		Solutions		Technologies		Total
Net sales by geographic region (1)
North America	$	273	$	87	$	228	$	588
Asia Pacific		168		21		251		440
Europe, the Middle East, and Africa		188		5		189		382
Latin America (2)		53		42		123		218
Total net sales	$	682	$	155	$	791	$	1,628

Net sales by product group
Fluorochemicals	$	345	$	—	$	—	$	345
Fluoropolymers		337		—		—		337
Mining solutions		—		74		—		74
Performance chemicals and intermediates		—		81		—		81
Titanium dioxide and other minerals		—		—		791		791
Total net sales	$	682	$	155	$	791	$	1,628

(1)

Net sales are attributable to countries based on customer location.

(2)

Latin America includes Mexico.

The following table sets forth a disaggregation of the Company’s net sales by geographic region, product group, and segment for the nine months ended September 30, 2018.

	Nine Months Ended September 30, 2018
			Chemical		Titanium
	Fluoroproducts		Solutions		Technologies		Total
Net sales by geographic region (1)
North America	$	888	$	259	$	700	$	1,847
Asia Pacific		505		63		754		1,322
Europe, the Middle East, and Africa		657		14		682		1,353
Latin America (2)		163		117		372		652
Total net sales	$	2,213	$	453	$	2,508	$	5,174

Net sales by product group
Fluorochemicals	$	1,183	$	—	$	—	$	1,183
Fluoropolymers		1,030		—		—		1,030
Mining solutions		—		212		—		212
Performance chemicals and intermediates		—		241		—		241
Titanium dioxide and other minerals		—		—		2,508		2,508
Total net sales	$	2,213	$	453	$	2,508	$	5,174

(1)

Net sales are attributed to countries based on customer location.

(2)

Latin America includes Mexico.

Substantially all of the Company’s net sales are derived from goods and services transferred at a point in time.

Contract Balances

The Company’s assets and liabilities from contracts with customers constitute accounts receivable - trade, deferred revenue, and customer rebates. An amount for accounts receivable - trade is recorded when the right to consideration under a contract becomes unconditional. An amount for deferred revenue is recorded when consideration is received prior to the conclusion that a contract exists, or when a customer transfers consideration prior to the Company satisfying its performance obligations under a contract. Customer rebates represent an expected refund liability to a customer based on a contract. In contracts with customers where a rebate is offered, it is generally applied retroactively based on the achievement of a certain sales threshold. As revenue is recognized, the Company estimates whether or not the sales threshold will be achieved to determine the amount of variable consideration to include in the transaction price.

The following table sets forth the Company’s contract balances from contracts with customers at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Accounts receivable - trade, net (1)	$	925	$	847
Customer rebates		72		83

(1)

Accounts receivable - trade, net includes trade notes receivable of $2 and $1 at September 30, 2018 and December 31, 2017, respectively, and is net of allowances for doubtful accounts of $5 at September 30, 2018 and December 31, 2017. Such allowances are equal to the estimated uncollectible amounts.

The Company’s deferred revenue balances at September 30, 2018 and December 31, 2017 were not significant. Additionally, changes in the Company’s deferred revenue balances resulting from additions for advance payments and deductions for amounts recognized in net sales during the three and nine months ended September 30, 2018 were not significant. For the three and nine months ended September 30, 2018, the amount of revenue recognized from performance obligations satisfied in prior periods (e.g., due to changes in transaction price) was not significant.

There were no other contract asset balances or capitalized costs associated with obtaining or fulfilling customer contracts at September 30, 2018 or December 31, 2017.

Remaining Performance Obligations

Certain of the Company’s MSA or other arrangements contain take-or-pay clauses, whereby customers are required to purchase a fixed minimum quantity of product during a specified period, or pay the Company for such orders, even if not requested by the customer. The Company considers these take-or-pay clauses to be an enforceable contract, and as such, the legally-enforceable minimum amounts under such an arrangement are considered to be outstanding performance obligations on contracts with an original expected duration greater than one year. At September 30, 2018, Chemours had $90 of remaining performance obligations. The Company expects to recognize approximately 10% of its remaining performance obligations as revenue in 2018, an additional 30% in 2019, and the balance thereafter. The Company applies the practical expedient in Topic 606 and does not include remaining performance obligations that have original expected durations of one year or less, or amounts for variable consideration allocated to wholly-unsatisfied performance obligations or wholly-unsatisfied distinct goods that form part of a single performance obligation, if any. Amounts for contract renewals that are not yet exercised by September 30, 2018 are also excluded.

Restructuring, Asset-Related, and Other Charges

9 Months Ended

Sep. 30, 2018

Restructuring And Related Activities [Abstract]

Restructuring, Asset-Related, and Other Charges

Note 5. Restructuring, Asset-related, and Other Charges

The following table sets forth the components of the Company’s restructuring, asset-related, and other charges by category for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Restructuring and other charges:
Employee separation charges	$	2	$	—	$	8	$	5
Decommissioning and other charges		10		8		24		26
Total restructuring, asset-related, and other charges	$	12	$	8	$	32	$	31

The following table sets forth the impacts of the Company’s restructuring, asset-related, and other charges to segment earnings for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Plant and product line closures:
Fluoroproducts	$	—	$	—	$	—	$	3
Chemical Solutions		1		5		4		16
Titanium Technologies		—		—		—		4
Corporate and Other		4		—		6		—
Total plant and product line closures		5		5		10		23
2017 Restructuring Program:
Fluoroproducts		2		—		7		—
Chemical Solutions		—		—		1		—
Corporate and Other		5		3		14		8
Total 2017 Restructuring Program		7		3		22		8
Total restructuring, asset-related, and other charges	$	12	$	8	$	32	$	31

Plant and Product Line Closures

In August 2015, in an effort to improve the profitability of the Company’s Fluoroproducts segment, management approved the closure of certain production lines in the segment’s U.S. manufacturing plants. For the nine months ended September 30, 2017, the Company recorded additional decommissioning and dismantling-related charges of $3 for certain of these production lines. At December 31, 2017, the Company had substantially completed all actions related to the restructuring activities for certain of its production lines, which amounted to $17 in the aggregate, excluding non-cash asset-related charges.

In the fourth quarter of 2015, the Company announced the completion of the strategic review of its Reactive Metals Solutions (RMS) business and management’s decision to stop production at its Niagara Falls, New York manufacturing plant. The RMS plant had approximately 200 employees and contractors impacted by this action, and production stopped at the plant in September 2016, when the Company immediately began actions to decommission the plant. The Company recorded additional decommissioning and dismantling-related charges of $1 and $4 for the three and nine months ended September 30, 2018, respectively, and $5 and $16 for the three and nine months ended September 30, 2017, respectively. The Company expects to incur approximately $10 in additional restructuring charges for similar activities through 2021, which will be expensed as incurred. As of September 30, 2018, the Company incurred, in the aggregate, $35 in restructuring charges related to these activities, excluding non-cash asset-related charges.

In August 2015, the Company announced the closure of its Edge Moor, Delaware manufacturing plant. The Edge Moor plant produced TiO₂ pigment for use in the paper industry and certain other applications where demand had steadily declined, resulting in under-used capacity at the plant. In addition, the Company permanently closed one under-used TiO₂ pigment production line at its New Johnsonville, Tennessee plant. The Company stopped production at its Edge Moor plant in September 2015, and immediately began decommissioning the plant. For the nine months ended September 30, 2017, the Company recorded additional decommissioning and dismantling-related charges of $4. The Company completed these activities in 2017, which amounted to $60 in the aggregate, excluding non-cash asset-related charges. The Company sold the land where the plant was located for $10 in the first quarter of 2017.

In the first quarter of 2018, the Company began a project to demolish and remove several dormant, unused buildings at its Chambers Works site in Deepwater, New Jersey, which were assigned to Chemours in connection with its separation from DuPont. For the three and nine months ended September 30, 2018, the Company incurred $4 and $6 in decommissioning and dismantling-related charges associated with these efforts, respectively. The Company expects to incur approximately $25 to $30 in additional restructuring charges related to its Chambers Works site through the end of 2020, which will be reflected in Corporate and Other, and will be expensed as incurred.

2017 Restructuring Program

In 2017, the Company announced certain restructuring activities designed to further the cost savings and productivity improvements outlined under management’s transformation plan. These activities include, among other efforts: (i) outsourcing and further centralizing certain business process activities; (ii) consolidating existing, outsourced third-party information technology (IT) providers; and, (iii) implementing various upgrades to the Company’s current IT infrastructure.

In 2017, the Company also announced a voluntary separation program (VSP) for certain eligible U.S. employees in an effort to better manage the anticipated future changes to its workforce. Employees who volunteered for and were accepted under the VSP are entitled to receive certain financial incentives above the Company’s customary involuntary termination benefits to end their employment with Chemours after providing a mutually agreed-upon service period. Approximately 300 employees will separate from the Company by the end of 2018. An accrual representing the majority of these termination benefits, amounting to $18, was recognized in the fourth quarter of 2017. The remaining incremental, one-time financial incentives under the VSP will be recognized over the period that each participating employee continues to provide service to Chemours.

The Company recorded additional charges of $7 and $22 for the three and nine months ended September 30, 2018, respectively, and $3 and $8 for the three and nine months ended September 30, 2017, respectively, for its 2017 program. The cumulative amount incurred, in the aggregate, for the Company’s 2017 program amounted to $54 at September 30, 2018.

As a result of its 2017 program, the Company expects to incur incremental charges for restructuring-related activities and termination benefits ranging from $5 to $10 through the end of 2018, which will be expensed as incurred.

The following table sets forth the change in the Company’s employee separation-related liabilities associated with its restructuring programs for the nine months ended September 30, 2018.

	Fluoroproducts Lines Shutdown		Chemical Solutions Site Closures			Titanium Technologies Site Closures		2015 Global Restructuring Program			2017 Restructuring Program			Total
Balance at December 31, 2017	$	—	$	2		$	1	$	1		$	23		$	27
Charges to income		—		—			—		—			8			8
Payments		—		(1	)		—		(1	)		(15	)		(17	)
Balance at September 30, 2018	$	—	$	1		$	1	$	—		$	16		$	18

At September 30, 2018, there are no significant outstanding liabilities related to the Company’s decommissioning and other restructuring-related charges.

Other Income, Net

9 Months Ended

Sep. 30, 2018

Other Income And Expenses [Abstract]

Other Income, Net

Note 6. Other Income, Net

The following table sets forth the components of the Company’s other income, net for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Leasing, contract services, and miscellaneous income (1)	$	24		$	7		$	47		$	24
Royalty income (2)		2			2			9			12
Gain on sales of assets and businesses (3)		—			—			45			14
Exchange (losses) gains, net (4)		(6	)		(4	)		(4	)		3
Non-operating pension and other post-retirement employee benefit income		4			7			18			24
Total other income, net	$	24		$	12		$	115		$	77

(1)

Leasing, contract services, and miscellaneous income includes European Union quota authorization sales of $18 and $38 for the three and nine months ended September 30, 2018, respectively, and $6 and $14 for the three and nine months ended September 30, 2017, respectively.

(2)

Royalty income for the three and nine months ended September 30, 2018 is primarily from technology licensing. Royalty income for the three and nine months ended September 30, 2017 is primarily from technology and trademark licensing.

(3)

For the nine months ended September 30, 2018, gain on sale includes a $3 gain and a $42 gain associated with the sales of the Company’s East Chicago, Indiana and Linden, New Jersey sites, respectively. For the nine months ended September 30, 2017, gain on sale includes a $12 gain associated with the sale of the Company’s Edge Moor, Delaware site and a $4 gain associated with the sale of the Company’s land in Repauno, New Jersey that was previously deferred and realized upon meeting certain milestones, which are offset by a $2 adjustment associated with the sale of the Company’s Sulfur business in 2016.

(4)

Exchange (losses) gains, net includes gains and losses on the Company’s foreign currency forward contracts that have not been designated as a cash flow hedge.

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Note 7. Income Taxes For the three months ended September 30, 2018 and 2017, Chemours recorded a benefit from and a provision for income taxes amounting to $6 and $43, resulting in effective income tax rates of approximately negative 2% and 17%, respectively. For the nine months ended September 30, 2018 and 2017, Chemours recorded provisions for income taxes amounting to $119 and $130, resulting in effective income tax rates of approximately 12% and 20%, respectively. The change in the Company’s benefit from income taxes for the three months ended September 30, 2018 was primarily attributable to the following: $17 in income tax benefits related to the reversal of the valuation allowance on carryforward foreign tax credits due to changes in normal business operations; $14 in income tax benefits related to the filing of the Company’s 2017 U.S. tax return and the associated adjustments on the revaluation of certain deferred tax assets and liabilities as a result of the reduced corporate tax rate; $4 in income tax benefits related to windfalls on share-based payments; and, the Company’s geographic mix of earnings. The aforementioned income tax benefits were somewhat offset by increased tax expenses resulting from the Company’s increased profitability for the three months then-ended. The change in the Company’s provision for income taxes for the nine months ended September 30, 2018 was primarily attributable to the following: $17 in income tax benefits related to the reversal of the valuation allowance on carryforward foreign tax credits due to changes in normal business operations; $14 in income tax benefits related to the filing of the Company’s 2017 U.S. tax return and the associated adjustments on the revaluation of certain deferred tax assets and liabilities as a result of the reduced corporate tax rate; $14 in income tax benefits related to windfalls on share-based payments; $10 in income tax benefits related to the Company’s loss on debt extinguishment; and, the Company’s geographic mix of earnings. The aforementioned income tax benefits were somewhat offset by increased tax expenses resulting from the Company’s increased profitability for the nine months then-ended, as well as $10 in income tax expense related to asset sales that took place during the first quarter, and $23 in income tax expense related to the impact of certain U.S. tax reform provisions. In connection with the new federal tax legislation commonly referred to as the Tax Cut and Jobs Act (Tax Act), the Company recorded provisional estimates for U.S. tax reform in its provision for income taxes for the year ended December 31, 2017, which amounted to a net benefit of $3. Staff Accounting Bulletin No. 118 (SAB No. 118) issued by the U.S. Securities and Exchange Commission (SEC) allows registrants to record provisional estimates for the Tax Act during a measurement period not to exceed one year from the enactment date, which was December 22, 2017. The impacts of the Tax Act may differ from the Company’s provisional estimates due to many factors, including, but not limited to, changes to its interpretations of the provisions in the Tax Act, U.S. Internal Revenue Service and U.S. Treasury guidance that may be issued, and actions that the Company may take. During the three and nine months ended September 30, 2018, the Company recorded a $10 tax benefit to adjust its initial provisional estimates for U.S. tax reform in its benefit from and provision for income taxes, which impacted its effective tax rates by approximately 4% and 1%, respectively. The adjustment was specifically related to the Company’s initial estimate of the revaluation of certain deferred tax assets and liabilities as a result of the reduced corporate tax rate, the transition tax (as defined in the Tax Act) on previously untaxed accumulated and current earnings and profits of certain of the Company’s foreign subsidiaries, and the associated foreign tax credits. The Company, to date, has not made any other significant changes to its initial provisional estimates recorded in the fourth quarter of 2017. The Company continues to evaluate the effects of the Tax Act’s provisions on its consolidated financial statements; however, the Company expects to complete its evaluation within the applicable measurement period, pursuant to SAB No. 118. As such, the Company’s provisional estimates for the Tax Act may continue to change within this period, resulting in a material impact to its financial position, results of operations, or cash flows. Each year, Chemours and/or its subsidiaries file income tax returns in U.S. federal and state jurisdictions and non-U.S. jurisdictions. These tax returns are subject to examination and possible challenge by the cognizant taxing authorities. Positions challenged by the taxing authorities may be settled or appealed by Chemours. As a result, income tax uncertainties are recognized in Chemours’ consolidated financial statements in accordance with accounting for income taxes under Topic 740, Income Taxes, when applicable.

Earnings Per Share of Common Stock

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Earnings Per Share of Common Stock

Note 8. Earnings Per Share of Common Stock

The following table sets forth reconciliations of the numerators and denominators for the Company’s basic and diluted earnings per share (EPS) calculations for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Numerator:
Net income attributable to Chemours	$	275	$	207	$	853	$	518
Denominator:
Weighted-average number of common shares outstanding - basic		176,489,881		185,431,036		178,765,676		184,641,599
Dilutive effect of the Company’s employee compensation plans		5,387,244		6,206,778		5,891,072		5,909,015
Weighted-average number of common shares outstanding - diluted		181,877,125		191,637,814		184,656,748		190,550,614

Basic earnings per share of common stock	$	1.56	$	1.12	$	4.77	$	2.81
Diluted earnings per share of common stock		1.51		1.08		4.62		2.72

The following table sets forth the average number of stock options that were anti-dilutive and, therefore, were not included in the Company’s diluted EPS calculations for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Average number of stock options		480,123		954		160,041		57,429

Accounts and Notes Receivable, Net

9 Months Ended

Sep. 30, 2018

Receivables [Abstract]

Accounts and Notes Receivable, Net

Note 9. Accounts and Notes Receivable, Net

The following table sets forth the components of the Company’s accounts and notes receivable, net at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Accounts receivable - trade, net (1)	$	925	$	847
VAT, GST, and other taxes (2)		58		54
Other receivables (3)		15		18
Total accounts and notes receivable, net	$	998	$	919

(1)

(2)

Value added tax (VAT) and goods and services tax (GST) for various jurisdictions.

(3)

Other receivables consist of notes receivable, advances, the fair value of derivative assets, and other deposits.

Accounts and notes receivable are carried at amounts that approximate fair value. Bad debt expense was not significant for the three and nine months ended September 30, 2018 and 2017.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Inventories

9 Months Ended

Sep. 30, 2018

Inventory Net [Abstract]

Inventories

Note 10. Inventories

The following table sets forth the components of the Company’s inventories at September 30, 2018 and December 31, 2017.

	September 30, 2018			December 31, 2017
Finished products	$	707		$	648
Semi-finished products		188			164
Raw materials, stores, and supplies		403			313
Inventories before LIFO adjustment		1,298			1,125
Less: Adjustment of inventories to LIFO basis		(212	)		(190	)
Total inventories	$	1,086		$	935

Inventory values, before last-in, first-out (LIFO) adjustment, are generally determined by the average cost method, which approximates current cost. Inventories are valued under the LIFO method at substantially all of the Company’s U.S. locations, which comprised $564 and $509 (or 44% and 45%) of its inventories balances before the LIFO adjustments at September 30, 2018 and December 31, 2017, respectively. The remainder of inventory held in international locations and certain U.S. locations is valued under the average cost method.

Property, Plant, and Equipment, Net

9 Months Ended

Sep. 30, 2018

Property Plant And Equipment [Abstract]

Property, Plant, and Equipment, Net

Note 11. Property, Plant, and Equipment, Net

The following table sets forth the components of the Company’s property, plant, and equipment, net at September 30, 2018 and December 31, 2017.

	September 30, 2018			December 31, 2017
Equipment	$	7,029		$	6,961
Buildings		898			875
Construction-in-progress		802			520
Land		120			119
Mineral rights		36			36
Property, plant, and equipment		8,885			8,511
Less: Accumulated depreciation		(5,678	)		(5,503	)
Total property, plant, and equipment, net	$	3,207		$	3,008

Depreciation expense amounted to $68 and $207 for the three and nine months ended September 30, 2018, respectively, and $61 and $201 for the three and nine months ended September 30, 2017, respectively. Property, plant, and equipment, net includes gross assets under capital leases of $7 at September 30, 2018 and December 31, 2017, and a build-to-suit lease asset of $49 and $8 at September 30, 2018 and December 31, 2017, respectively.

Other Assets

9 Months Ended

Sep. 30, 2018

Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]

Other Assets

Note 12. Other Assets

The following table sets forth the components of the Company’s other assets at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Capitalized repair and maintenance costs	$	122	$	117
Pension assets (1)		287		260
Deferred income taxes		45		40
Miscellaneous (2)		37		36
Total other assets	$	491	$	453

(1)

Pension assets represent the funded status of certain of the Company's long-term employee benefit plans.

(2)

Miscellaneous primarily includes deferred issuance costs related to the Company’s senior secured revolving credit facility of $10 and $9 at September 30, 2018 and December 31, 2017, respectively, and Company-owned life insurance policies on former key executives of a U.S. subsidiary. These life insurance policies have a cash surrender value of $64 at September 30, 2018 and December 31, 2017, and are presented net of outstanding loans from the policy issuer of $64 and $63 at September 30, 2018 and December 31, 2017, respectively.

Accounts Payable

9 Months Ended

Sep. 30, 2018

Payables And Accruals [Abstract]

Accounts Payable

Note 13. Accounts Payable

The following table sets forth the components of the Company’s accounts payable at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Trade payables	$	1,095	$	1,008
Dividends payable (1)		—		31
VAT and other payables		28		36
Total accounts payable	$	1,123	$	1,075

(1)

Represents a $0.17 per share dividend declared in December 2017, which was paid on March 15, 2018 to the Company’s shareholders of record as of the close of business on February 15, 2018.

Other Accrued Liabilities

9 Months Ended

Sep. 30, 2018

Payables And Accruals [Abstract]

Other Accrued Liabilities

Note 14. Other Accrued Liabilities

The following table sets forth the components of the Company’s other accrued liabilities at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Compensation and other employee-related costs	$	102	$	174
Employee separation costs (1)		18		27
Accrued litigation (2)		46		13
Environmental remediation (2)		81		66
Income taxes		86		58
Customer rebates		72		83
Deferred income		5		8
Accrued interest		60		24
Miscellaneous (3)		91		105
Total other accrued liabilities	$	561	$	558

(1)

Represents the current portion of accrued employee separation costs related to the Company’s restructuring and other activities.

(2)

Represents the current portions of accrued litigation and environmental remediation, which are discussed further in “Note 17 - Commitments and Contingent Liabilities.”

(3)

Miscellaneous primarily includes accrued utility expenses, property taxes, an accrued indemnification liability, the current portion of the Company’s asset retirement obligations, and other miscellaneous expenses.

Debt

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Debt

Note 15. Debt

The following table sets forth the components of the Company’s debt at September 30, 2018 and December 31, 2017.

	September 30, 2018			December 31, 2017
Senior secured term loans:
Tranche B-1 Dollar Term Loan due May 2022	$	—		$	923
Tranche B-1 Euro Term Loan due May 2022 (€395 at December 31, 2017)		—			469
Tranche B-2 Dollar Term Loan due May 2025		896			—
Tranche B-2 Euro Term Loan due May 2025 (€348 at September 30, 2018)		410			—
Senior unsecured notes:
6.625% due May 2023		908			1,158
7.000% due May 2025		750			750
6.125% due May 2023 (€295 at December 31, 2017)		—			350
4.000% due May 2026 (€450 at September 30, 2018)		529			—
5.375% due May 2027		500			500
Capital lease obligations		2			3
Build-to-suit lease obligation		49			8
Total debt		4,044			4,161
Less: Unamortized issue discounts		(10	)		(8	)
Less: Unamortized debt issuance costs		(35	)		(41	)
Less: Current maturities of long-term debt		(14	)		(15	)
Total long-term debt, net	$	3,985		$	4,097

Senior Secured Credit Facilities

On April 3, 2017, the Company completed an amendment to its then-existing credit agreement which provided for seven-year, senior secured term loans and a five-year, $750 senior secured revolving credit facility (Prior Revolving Credit Facility) (collectively, the Prior Senior Secured Credit Facilities). The senior secured term loan facility under the Prior Senior Secured Credit Facilities provided for a class of term loans, denominated in U.S. dollars, in an aggregate principal amount of $940 (Prior Dollar Term Loan) and a class of term loans, denominated in euros, in an aggregate principal amount of €400 (Prior Euro Term Loan) (collectively, the Prior Term Loans). On April 3, 2018, the Company entered into an amended and restated credit agreement that provides for a seven-year, senior secured term loan facility and a five-year, $800 senior secured revolving credit facility (New Revolving Credit Facility) (collectively, the New Senior Secured Credit Facilities). The New Senior Secured Credit Facilities replaced, in full, the Company’s obligations under the Prior Senior Secured Credit Facilities, and is subject to a springing maturity in the event that the senior unsecured notes due in May 2023 are not redeemed, repaid, modified, and/or refinanced within the 91-day period prior to their maturity date.

The senior secured term loan facility under the New Senior Secured Credit Facilities provides for a class of term loans, denominated in U.S. dollars, in an aggregate principal amount of $900 (New Dollar Term Loan) and a class of term loans, denominated in euros, in an aggregate principal amount of €350 (New Euro Term Loan) (collectively, the New Term Loans). The proceeds of the New Term Loans, together with cash on hand, were primarily used to prepay, in full, all outstanding amounts under the Prior Senior Secured Credit Facilities, which amounted to $921 for the Prior Dollar Term Loan and €393 for the Prior Euro Term Loan. The New Dollar Term Loan bears a variable interest rate equal to, at the election of the Company, adjusted LIBOR plus 1.75% or adjusted base rate plus 0.75%, subject to an adjusted LIBOR or an adjusted base rate floor of 0.00% or 1.00%, respectively. The New Euro Term Loan bears a variable interest rate equal to adjusted EURIBOR plus 2.00%, subject to an adjusted EURIBOR floor of 0.50%. The New Term Loans will mature on April 3, 2025, and are subject to acceleration in certain circumstances.

The proceeds of any loans made under the New Revolving Credit Facility can be used for working capital needs and other general corporate purposes, including permitted acquisitions and other transactions, as defined in the amended and restated credit agreement. The New Revolving Credit Facility bears a variable interest rate range based on the Company’s total net leverage ratio, as defined in the amended and restated credit agreement, between (i) a 0.25% and a 1.00% spread for adjusted base rate loans, and (ii) a 1.25% and a 2.00% spread for LIBOR and EURIBOR loans. In addition, the Company is required to pay a commitment fee on the average daily unused amount of the New Revolving Credit Facility within an interest rate range based on its total net leverage ratio, between 0.10% and 0.25%. The New Revolving Credit Facility will mature on April 3, 2023, and is subject to acceleration in certain circumstances.

There were no borrowings under the New Revolving Credit Facility at September 30, 2018 or under the Prior Revolving Credit Facility at December 31, 2017. Issued and outstanding letters of credit under the New Revolving Credit Facility amounted to $104 at September 30, 2018. Issued and outstanding letters of credit under the Prior Revolving Credit Facility amounted to $101 at December 31, 2017. At September 30, 2018, the effective interest rates on the New Dollar Term Loan and the New Euro Term Loan were 4.00% and 2.50%, respectively, and commitment fees on the New Revolving Credit Facility were assessed at a rate of 0.10% per annum. In connection with the issuance of the New Senior Secured Credit Facilities, the Company incurred a loss on debt extinguishment of $3 for the nine months ended September 30, 2018.

The amended and restated credit agreement also modified or eliminated certain provisions of the Company’s prior credit agreement, including the interest coverage ratio financial covenant and certain other negative covenants to allow for further flexibility. Under the amended and restated credit agreement, solely with respect to the New Revolving Credit Facility, the Company is required to not exceed a maximum senior secured net leverage ratio of (i) 2.25 to 1.00 in each quarter through December 31, 2018, and (ii) 2.00 to 1.00 in each quarter beginning January 1, 2019, through the date of maturity. In addition, the amended and restated credit agreement contains customary affirmative and negative covenants that, among other things, limit or restrict the Company’s and its subsidiaries’ ability, subject to certain exceptions, to incur additional indebtedness or liens, pay dividends, and engage in certain transactions, including mergers, acquisitions, asset sales, or investments, outside of specified carve-outs. The amended and restated credit agreement also contains customary representations and warranties and events of default, which are substantially similar to those in the prior credit agreement. The Company was in compliance with its debt covenants at September 30, 2018.

The Company’s obligations under the New Senior Secured Credit Facilities are guaranteed on a senior secured basis by all of its material domestic subsidiaries, which are also guarantors of the Company’s outstanding notes, subject to certain exceptions. The obligations under the New Senior Secured Credit Facilities are also, subject to certain exceptions, secured by a first priority lien on substantially all of the Company’s assets and substantially all of the assets of its wholly-owned, material domestic subsidiaries, including 100% of the stock of certain of its domestic subsidiaries and 65% of the stock of certain of its foreign subsidiaries.

Senior Unsecured Notes

Senior Unsecured Notes due May 2023

On May 21, 2018, the Company commenced two all-cash tender offers to purchase: (i) up to $250 of the outstanding 6.625% senior unsecured notes due May 2023, denominated in U.S. dollars (2023 Dollar Notes), for a purchase price of $1,052.50 per $1,000.00 of principal amount through an early tender deadline of June 4, 2018, and $1,022.50 per $1,000.00 of principal amount thereafter, through June 18, 2018, the tender expiration date, plus any accrued and unpaid interest thereon (Dollar Tender Offer); and, (ii) any and all of the outstanding 6.125% senior unsecured notes due May 2023, denominated in euros (2023 Euro Notes) (collectively, the 2023 Notes), for a purchase price of €1,048.75 per €1,000.00 of principal amount through an early tender deadline of June 4, 2018, and €1,018.75 per €1,000.00 of principal amount thereafter, through June 18, 2018, the tender expiration date, plus any accrued and unpaid interest thereon (Euro Tender Offer) (collectively, the Tender Offers).

The Company completed the Dollar Tender Offer on June 6, 2018 for an aggregate purchase price of $264, inclusive of an early participation premium of $13 and accrued interest of $1. The Company completed the Euro Tender Offer on June 8, 2018 for an aggregate purchase price of €310, inclusive of an early participation premium of €14 and accrued interest of €1. In connection with the Euro Tender Offer, the Company received consents from the holders of a majority of the aggregate principal amount of the 2023 Euro Notes to amend certain provisions of the indenture governing the 2023 Euro Notes, thereby allowing the Company to call and redeem the remaining 2023 Euro Notes outstanding upon two business days’ notice to the noteholders. On June 8, 2018, the Company completed the redemption of the remaining outstanding 2023 Euro Notes that were not purchased pursuant to the Euro Tender Offer. The Tender Offers and the redemption of the 2023 Euro Notes were funded with the proceeds from the offering of the 2026 Euro Notes (defined below) and cash on hand.

Senior Unsecured Notes due May 2026

On June 6, 2018, the Company issued, in an underwritten public offering, 4.000% senior unsecured notes due May 2026, denominated in euros, in an aggregate principal amount of €450 (2026 Euro Notes). The 2026 Euro Notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by each of the Company’s existing and future direct and indirect domestic restricted subsidiaries that (i) incurs or guarantees indebtedness under the New Senior Secured Credit Facilities, or (ii) guarantees certain other indebtedness of the Company or any guarantor in an aggregate principal amount in excess of $100. The 2026 Euro Notes require payment of principal at maturity and payments of interest semi-annually in cash and in arrears on May 15 and November 15 of each year. Pursuant to the terms of the indenture governing the 2026 Euro Notes, the Company is obligated to offer to purchase the 2026 Euro Notes at a price of 101% of the principal amount, together with accrued and unpaid interest, if any, up to, but not including, the date of purchase, upon the occurrence of certain change of control events. Prior to May 15, 2021, the Company may redeem the 2026 Euro Notes (i) in whole or in part, at an amount equal to 100% of the aggregate principal amount plus a specified “make-whole” premium, and (ii) on one or more occasions, up to 35% of the aggregate principal amount of the notes, with the net cash proceeds of one or more equity offerings at a price equal to 104% of the principal amounts of such notes, plus accrued and unpaid interest, if any, up to, but excluding, the redemption date. The guarantees of the 2026 Euro Notes will rank equally with all other senior indebtedness of the guarantors. The 2026 Euro Notes rank equally in right of payment to all of the Company’s existing and future unsecured unsubordinated debt and are senior in right of payment to all of its existing and future debt that is, by its terms, expressly subordinated in right of payment to the 2026 Euro Notes. The 2026 Euro Notes are subordinated to indebtedness under the New Senior Secured Credit Facilities, as well as any future secured debt to the extent of the value of the assets securing such debt, and are structurally subordinated to the liabilities of any non-guarantor subsidiaries.

The Company received net proceeds of €445 from the offering of the 2026 Euro Notes, which, together with cash on hand, were used to purchase or redeem, as the case may be, the 2023 Notes pursuant to the Tender Offers and the redemption of the 2023 Euro Notes, as well as pay for any fees and expenses in connection therewith. In connection with the concurrent redemption of the 2023 Euro Notes and issuance of the 2026 Euro Notes, the Company incurred a loss on extinguishment of $35 for the nine months ended September 30, 2018.

Build-to-suit Lease Obligation

In October 2017, Chemours executed a build-to-suit lease agreement to construct a new 312,000-square-foot research and development facility on the Science, Technology, and Advanced Research campus of the University of Delaware (UD) in Newark, Delaware (The Chemours Discovery Hub). The land on which The Chemours Discovery Hub will be located is leased to a third-party owner-lessor by UD, and Chemours will act as the construction agent and ultimate lessee of the facility based on the Company’s agreement with the owner-lessor. Project costs paid by the owner-lessor are reflected in the Company’s consolidated balance sheets as construction-in-progress within property, plant, and equipment, and a corresponding build-to-suit lease liability within long-term debt. Through September 30, 2018, project costs paid by the owner-lessor amounted to $49. Construction of The Chemours Discovery Hub is expected to be completed by early 2020.

Maturities

The Company has required quarterly payments related to the New Senior Secured Credit Facilities equivalent to 1.00% per annum through December 2024, with the balance due at maturity. Principal maturities on the New Senior Secured Credit Facilities over the next five years are approximately $3 for the remainder of 2018, approximately $13 in each year from 2019 to 2022, and $1,250 in 2023 and beyond. Also, following the end of each fiscal year commencing on the year ended December 31, 2019, on an annual basis, the Company is required to make additional principal payments depending on leverage levels, as defined in the amended and restated credit agreement, equivalent to up to 50% of excess cash flows based on certain leverage targets with step-downs to 25% and 0% as actual leverage decreases to below a 3.50 to 1.00 leverage target. Debt maturities related to the Company’s senior unsecured notes in 2023 and beyond will be $2,687.

Debt Fair Value

The following table sets forth the estimated fair values of the Company’s senior debt issues, which are based on quotes received from third-party brokers, and are classified as Level 2 financial instruments in the fair value hierarchy.

	September 30, 2018					December 31, 2017
	Carrying Value			Fair Value		Carrying Value			Fair Value
Senior secured term loans:
Tranche B-1 Dollar Term Loan due May 2022	$	—		$	—	$	923		$	928
Tranche B-1 Euro Term Loan due May 2022 (€395 at December 31, 2017)		—			—		469			471
Tranche B-2 Dollar Term Loan due May 2025		896			897		—			—
Tranche B-2 Euro Term Loan due May 2025 (€348 at September 30, 2018)		410			412		—			—
Senior unsecured notes:
6.625% due May 2023		908			950		1,158			1,228
7.000% due May 2025		750			798		750			816
6.125% due May 2023 (€295 at December 31, 2017)		—			—		350			373
4.000% due May 2026 (€450 at September 30, 2018)		529			532		—			—
5.375% due May 2027		500			483		500			521
Total senior debt		3,993		$	4,072		4,150		$	4,337
Less: Unamortized issue discounts		(10	)				(8	)
Less: Unamortized debt issuance costs		(35	)				(41	)
Total senior debt, net	$	3,948				$	4,101

Other Liabilities

9 Months Ended

Sep. 30, 2018

Other Liabilities Disclosure [Abstract]

Other Liabilities

Note 16. Other Liabilities

The following table sets forth the components of the Company’s other liabilities at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Environmental remediation (1)	$	158	$	187
Employee-related costs (2)		131		123
Accrued litigation (1)		51		48
Asset retirement obligations		50		43
Deferred income		8		6
Miscellaneous (3)		65		68
Total other liabilities	$	463	$	475

(1)

The Company’s accrued environmental remediation and accrued litigation liabilities are discussed further in “Note 17 - Commitments and Contingent Liabilities.”

(2)

Employee-related costs primarily represent liabilities associated with the Company’s long-term employee benefit plans.

(3)

Miscellaneous primarily includes an accrued indemnification liability of $50 and $52 at September 30, 2018 and December 31, 2017, respectively.

Commitments and Contingent Liabilities	9 Months Ended
Commitments and Contingent Liabilities	Sep. 30, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Note 17. Commitments and Contingent Liabilities Litigation In addition to the matters discussed below, the Company and certain of its subsidiaries, from time to time, are subject to various lawsuits, claims, assessments, and proceedings with respect to product liability, intellectual property, personal injury, commercial, contractual, employment, governmental, environmental, anti-trust, and other such matters that arise in the ordinary course of business. In addition, Chemours, by virtue of its status as a subsidiary of DuPont prior to the separation, is subject to or required under the separation-related agreements executed prior to the separation to indemnify DuPont against various pending legal proceedings. It is not possible to predict the outcomes of these various lawsuits, claims, assessments, or proceedings. While management believes it is reasonably possible that Chemours could incur losses in excess of the amounts accrued, if any, for the aforementioned proceedings, it does not believe any such loss would have a material impact on the Company’s consolidated financial position, results of operations, or cash flows. Disputes between Chemours and DuPont may also arise with respect to indemnification matters, including disputes based on matters of law or contract interpretation. If and to the extent these disputes arise, they could materially adversely affect Chemours. Asbestos In the separation, DuPont assigned its asbestos docket to Chemours. At September 30, 2018 and December 31, 2017, there were approximately 1,500 and 1,600 lawsuits pending against DuPont alleging personal injury from exposure to asbestos, respectively. These cases are pending in state and federal court in numerous jurisdictions in the U.S. and are individually set for trial. A small number of cases are pending outside of the U.S. Most of the actions were brought by contractors who worked at sites between the 1950s and the 1990s. A small number of cases involve similar allegations by DuPont employees or household members of contractors or DuPont employees. Finally, certain lawsuits allege personal injury as a result of exposure to DuPont products. At September 30, 2018 and December 31, 2017, Chemours had an accrual of $38 related to this matter. Benzene In the separation, DuPont assigned its benzene docket to Chemours. As of September 30, 2018 and December 31, 2017, there were 17 cases pending against DuPont alleging benzene-related illnesses. These cases consist of premises matters involving contractors and deceased former employees who claim exposure to benzene while working at DuPont sites primarily in the 1960s through the 1980s, and product liability claims based on alleged exposure to benzene found in trace amounts in aromatic hydrocarbon solvents used to manufacture DuPont products such as paints, thinners, and reducers. Management believes that a loss is reasonably possible as to the docket as a whole; however, given the evaluation of each benzene matter is highly fact-driven and impacted by disease, exposure, and other factors, a range of such losses cannot be reasonably estimated at this time. PFOA Prior to the fourth quarter of 2014, the performance chemicals segment of DuPont made PFOA (collectively, perfluorooctanoic acids and its salts, including the ammonium salt) at its Fayetteville, North Carolina plant and used PFOA as a processing aid in the manufacture of fluoropolymers and fluoroelastomers at certain sites including: Washington Works, Parkersburg, West Virginia; Chambers Works, Deepwater, New Jersey; Dordrecht Works, Netherlands; Changshu Works, China; and, Shimizu, Japan. These sites are now owned and/or operated by Chemours. Chemours maintained accruals of $20 and $14 related to the PFOA matters discussed below at September 30, 2018 and December 31, 2017, respectively. Specific to the PFOA MDL Settlement (also discussed below), the Company recorded an accrual of $335 at December 31, 2016, which was paid in installments of $15 and $320 during the second and third quarters of 2017, respectively. These accruals also include charges related to DuPont’s obligations under agreements with the U.S. Environmental Protection Agency (EPA) and voluntary commitments to the New Jersey Department of Environmental Protection. These obligations and voluntary commitments include surveying, sampling, and testing drinking water in and around certain Company sites offering treatment or an alternative supply of drinking water if tests indicate the presence of PFOA in drinking water at or greater than the national health advisory. A provisional health advisory level was set by the EPA in 2009 at 0.4 parts per billion (ppb) that includes PFOA in drinking water. In May 2016, the EPA announced a health advisory level of 0.07 ppb that includes PFOA in drinking water. As a result, Chemours recorded an additional $4 in the second quarter of 2016 based on management’s best estimate of the impact of the new health advisory level on the Company’s obligations to the EPA, which have expanded the testing and water supply commitments previously established. Based on prior testing, the Company has initiated additional testing and treatment in certain additional locations in and around the Chambers Works and Washington Works plants. The Company will continue to work with the EPA regarding the extent of work that may be required with respect to these matters. In February 2018, the State of Ohio initiated litigation against DuPont regarding historical PFOA emissions from the Washington Works site. Chemours is an additional named defendant. Ohio alleges damage to natural resources and seeks damages including remediation and other costs and punitive damages. In October 2018, a putative class action was filed in Ohio federal court against 3M Company (3M), DuPont, Chemours, and other defendants seeking class action status for U.S. residents having a detectable level of perfluoroalkyl and polyfluoroalkyl substances (PFAS) in their blood serum. The complaint seeks declaratory and injunctive relief, including the establishment of a PFAS Science Panel. In October 2018, a putative class action was filed in New Jersey federal court against 3M, DuPont, and Chemours alleging causes of action, including negligence, nuisance, and trespass and seeking damages including property diminution, remediation, treatment, and abatement with compensatory and punitive damages. The purported class includes private drinking water and well owner-occupants within two to five miles of the Company’s Chambers Works, New Jersey site containing any detectable level of PFOA or perfluorooctane sulfonic acid (PFOS). Drinking Water Actions In August 2001, a class action, captioned Leach v. DuPont, was filed in West Virginia state court alleging that residents living near the Washington Works facility had suffered, or may suffer, deleterious health effects from exposure to PFOA in drinking water. DuPont and attorneys for the class reached a settlement in 2004 that binds about 80,000 residents. In 2005, DuPont paid the plaintiffs’ attorneys’ fees and expenses of $23 and made a payment of $70, which class counsel designated to fund a community health project. DuPont funded a series of health studies which were completed in October 2012 by an independent science panel of experts (C8 Science Panel). The studies were conducted in communities exposed to PFOA to evaluate available scientific evidence on whether any probable link exists, as defined in the settlement agreement, between exposure to PFOA and human disease. The C8 Science Panel found probable links, as defined in the settlement agreement, between exposure to PFOA and pregnancy-induced hypertension, including preeclampsia, kidney cancer, testicular cancer, thyroid disease, ulcerative colitis, and diagnosed high cholesterol. In May 2013, a panel of three independent medical doctors released its initial recommendations for screening and diagnostic testing of eligible class members. In September 2014, the medical panel recommended follow-up screening and diagnostic testing three years after initial testing, based on individual results. The medical panel has not communicated its anticipated schedule for completion of its protocol. DuPont is obligated to fund up to $235 for a medical monitoring program for eligible class members and, in addition, administrative cost associated with the program, including class counsel fees. In January 2012, DuPont put $1 in an escrow account to fund medical monitoring as required by the settlement agreement. The court-appointed director of medical monitoring established the program to implement the medical panel’s recommendations, and the registration process, as well as eligibility screening, is ongoing. Diagnostic screening and testing is ongoing, and associated payments to service providers are being disbursed from the escrow account. The Company may place additional funds into the escrow account from time to time, as necessary. As of September 30, 2018, approximately $1.4 has been disbursed from the escrow account related to medical monitoring. While it is probable that the Company will incur costs related to the medical monitoring program discussed above, such costs cannot be reasonably estimated due to uncertainties surrounding the level of participation by eligible class members and the scope of testing. In addition, under the Leach settlement agreement, DuPont must continue to provide water treatment designed to reduce the level of PFOA in water to six area water districts and private well users. At separation, this obligation was assigned to Chemours, which is included in the accrual amounts recorded as of September 30, 2018. Under the Leach settlement, class members may pursue personal injury claims against DuPont only for those human diseases for which the C8 Science Panel determined a probable link exists. Approximately 3,500 lawsuits were filed in various federal and state courts in Ohio and West Virginia and consolidated in multi-district litigation (MDL) in Ohio federal court. Settlement of MDL between DuPont and MDL Plaintiffs In March 2017, DuPont entered into an agreement with the MDL plaintiffs’ counsel providing for a global settlement of all cases and claims in the MDL, including all filed and unfiled personal injury cases and claims that are part of the plaintiffs’ counsel’s claim inventory, as well as cases that have been tried to a jury verdict (MDL Settlement). The total settlement amount was $670.7 in cash, with half paid by Chemours and half paid by DuPont. DuPont’s payment was not subject to indemnification or reimbursement by Chemours, and Chemours accrued $335 associated with this matter at December 31, 2016. In exchange for payment of the total settlement amount, DuPont and Chemours received a complete release of all claims by the settling plaintiffs. The MDL Settlement was entered into solely by way of compromise and settlement and is not in any way an admission of liability or fault by DuPont or Chemours. By September 30, 2017, Chemours had paid the full $335 accrued under the MDL Settlement. Settlement between DuPont and Chemours Related to MDL DuPont and Chemours agreed to a limited sharing of potential future PFOA costs (indemnifiable losses, as defined in the separation agreement between DuPont and Chemours) for a period of five years. During that five-year period, Chemours will annually pay future PFOA costs up to $25 and, if such amount is exceeded, DuPont will pay any excess amount up to the next $25 (which payment will not be subject to indemnification by Chemours), with Chemours annually bearing any further excess costs under the terms of the separation agreement. After the five-year period, this limited sharing agreement will expire, and Chemours’ indemnification obligations under the separation agreement will continue unchanged. Chemours has also agreed that it will not contest its indemnification obligations to DuPont under the separation agreement for PFOA costs on the basis of ostensible defenses generally applicable to the indemnification provisions under the separation agreement, including defenses relating to punitive damages, fines or penalties, or attorneys’ fees, and waives any such defenses with respect to PFOA costs. Chemours has, however, retained other defenses, including as to whether any particular PFOA claim is within the scope of the indemnification provisions of the separation agreement. Post-MDL Settlement Injury Matters All MDL lawsuits were dismissed or resolved through the MDL Settlement. The MDL Settlement does not resolve PFOA personal injury claims of plaintiffs who did not have cases or claims in the MDL or personal injury claims based on diseases first diagnosed after February 11, 2017. Since the resolution of the MDL, 37 personal injury cases have been filed and are pending in West Virginia, Ohio, and New York courts. The New York matters, which are not part of the Leach class, are brought by three individual plaintiffs alleging negligence and other claims in the release of perfluorinated compounds, including PFOA, into drinking water, and seeking compensatory and punitive damages against current and former owners and suppliers of a manufacturing facility in Hoosick Falls, New York. Water Districts In May 2017, the Water Works and Sewer Board of the Town of Centre, Alabama filed suit against numerous carpet manufacturers located in Dalton, Georgia and suppliers and former suppliers, including DuPont, in Alabama state court. The complaint alleges negligence, nuisance, and trespass in the release of perfluorinated compounds, including PFOA, into a river leading to the town’s water source, and seeks compensatory and punitive damages. In February 2018, the New Jersey-American Water Company, Inc. (NJAW) filed suit against DuPont and Chemours in New Jersey federal court alleging that discharges of perfluorochemicals, in violation of the New Jersey Compensation and Control Act, were made into groundwater utilized in the NJAW Penns Grove water system. NJAW alleges that damages include costs associated with remediating, operating, and maintaining its system, and attorney fees. PFOA Summary Chemours accrued $335 associated with the MDL Settlement at December 31, 2016, of which, all $335 had been paid by December 31, 2017. There could be additional lawsuits filed related to DuPont’s use of PFOA, its manufacture of PFOA, or its customers’ use of DuPont products that may not be within the scope of the MDL Settlement. Any such litigation could result in Chemours incurring additional costs and liabilities. Management believes that a loss is reasonably possible, but not estimable as to PFOA matters and that it is reasonably possible that the Company could incur losses related to other PFOA matters in excess of amounts accrued, but any such losses are not estimable at this time due to various reasons including, among others, that such matters are in early stages and have significant factual issues to be resolved. U.S. Smelter and Lead Refinery, Inc. Seven lawsuits, including one putative class action, are pending against DuPont by area residents concerning the U.S. Smelter and Lead Refinery multi-party Superfund site in East Chicago, Indiana. Six of the lawsuits allege that Chemours is now responsible for DuPont environmental liabilities. The lawsuits include allegations for personal injury damages, property diminution, and damages under the Comprehensive Environmental Response Compensation and Liability Act (CERCLA, often referred to as Superfund). At separation, DuPont assigned Chemours its former plant site, which is located south of the residential portion of the Superfund area, and its responsibility for the environmental remediation at the Superfund site. DuPont has requested that Chemours defend and indemnify it, and Chemours has agreed to do so under a reservation of rights. Management believes a loss is reasonably possible, but not estimable at this time due to various reasons including, among others, that such matters are in early stages and have significant factual issues to be resolved. GenX and Other Perfluorinated and Polyfluorinated Compounds Governmental agencies and local community members have made inquiries and engaged in discussions with the Company with respect to the discharge of the polymerization processing aid HFPO Dimer Acid (sometimes referred to as GenX or C3 Dimer Acid) and other perfluorinated and polyfluorinated compounds from the Company’s facility in Fayetteville, North Carolina into the Cape Fear River, groundwater, and air. The Company believes that such discharges have not impacted the safety of drinking water in North Carolina. The Company continues to capture and separately dispose of process wastewater from the Fayetteville facility and is cooperating with a variety of ongoing inquiries and investigations from federal, state, and local authorities, regulators, and other governmental entities, including responding to federal grand jury subpoenas issued in connection with an ongoing investigation being conducted by the U.S. Attorney’s Office for the Eastern District of North Carolina and the Environment and Natural Resources Division of the U.S. Department of Justice. In September 2017, the North Carolina Department of Environmental Quality (NC DEQ) issued a 60-day notice of intent to suspend the permit for the Fayetteville facility and the State of North Carolina filed an action in North Carolina state court regarding the discharges seeking a temporary restraining order and preliminary injunction, as well as other relief including abatement and site correction. A partial consent order was entered partially resolving the state’s action in return for the Company’s agreement to continue and supplement the voluntary wastewater-disposal measures it had previously commenced and to provide certain information. In November 2017, NC DEQ informed the Company that it was suspending the process wastewater discharge permit for the Fayetteville facility. The Company thereafter commenced the capture and separate disposal of all process wastewater from the Fayetteville facility related to the Company’s own operations, and has incurred expenses of $8 and $28 for these efforts for the three and nine months ended September 30, 2018, respectively, and $11 for the year ended December 31, 2017, all of which was recognized in the fourth quarter. In February 2018, NC DEQ issued a Notice of Violation (NOV) related to groundwater on and around the site directing Chemours to respond with source control measures. In April 2018, the North Carolina Department of Air Quality (NC DAQ) issued a 60-day Notice of Intent to modify the Fayetteville site’s air emissions permit to ensure that air emissions do not contribute or cause violations of groundwater rules and amended its complaint regarding air emissions and groundwater. The State of North Carolina filed a status report containing a draft injunctive order in June 2018. While the Company believes it has meritorious defenses to the claims made in these complaints, NOVs, and the draft injunctive order, it has undertaken actions in response to these issues, including the commitment to invest over $100 designing and installing state-of-the-art environmental control technology at Fayetteville. The Company also continues to capture and separately dispose of all process wastewater at the site. In June 2018, North Carolina enacted legislation empowering the State to shut down certain facilities or to order their owners to provide alternative supplies of safe drinking water, including through the installation of household filtration systems or connection to municipal water systems for certain affected households in the facility’s vicinity. The Company had previously voluntarily offered to install filtration systems to certain affected households in the vicinity of the Fayetteville facility and has accrued an estimated liability amounting to $13 for the costs associated with that voluntary program. The Company has been seeking to resolve these issues with the State, but there can be no assurance at this stage that those discussions will result in a comprehensive resolution. In addition to the substantial costs incurred in connection with the development and installation of state-of-the-art environmental control technology at the Fayetteville site and other remedial measures, it is probable that additional costs will be incurred in connection with further actions toward a final resolution with the State, including the provision of water treatment or alternative water supply to affected households in the vicinity of the Fayetteville facility, and the Company has therefore accrued an additional estimated liability amounting to $30 in the third quarter, for a total accrual related to these matters of $43 at September 30, 2018. Although an additional loss is reasonably possible, it is not possible at this time to estimate the ultimate cost of any final resolution with the State, as discussions are continuing and many aspects remain open including, but not limited to, the scope and timing of additional potential remedies. It is possible that issues relating to groundwater deposition and/or air emissions could result in further litigation or regulatory demands with regard to the Fayetteville facility, including potential permit modifications. If such issues arise, if an order conforming to the draft injunctive order filed by the State were entered by the court, or if the State attempted to take action under the legislation described above, these events could adversely affect the facility’s continued operations and could be material to the Company. Civil actions have been filed against the Company and DuPont in North Carolina federal court relating to discharges from the Fayetteville site. These actions include a consolidated action brought by public water suppliers seeking damages and injunctive relief, a consolidated purported class action seeking medical monitoring and property damage and/or other monetary and injunctive relief on behalf of the putative classes of property owners and residents in areas near or that draw drinking water from the Cape Fear River, and an action by private well owners seeking compensatory and punitive damages. In July 2018, Cape Fear River Watch (CFRW), a non-profit organization, filed a citizen suit against NC DEQ in North Carolina state court seeking review of NC DEQ’s denial of requests for certain actions related to discharges from the Fayetteville facility. Chemours intervened in that action. Also in July 2018, CFRW filed a citizen suit against Chemours in North Carolina federal court alleging violations of the Clean Water Act and/or the Toxic Substances Control Act seeking declaratory and injunctive relief and penalties. The Company believes it has valid defenses to the litigation including that the discharges did not impact the safety of drinking water or cause any damages or injury. It is possible that additional litigation may be filed against the Company and/or DuPont concerning the discharges. It is not possible at this point to predict the timing, course, or outcome of the governmental and regulatory inquiries, the notices issued by NC DEQ and NC DAQ, the action brought by North Carolina, and the other litigation, and it is possible that these matters could materially affect the Company’s results and operations. In addition, local communities, organizations, and federal and state regulatory agencies have raised questions concerning HFPO Dimer Acid and other perfluorinated and polyfluorinated compounds at certain other manufacturing sites operated by the Company, and it is possible that similar developments to those described above and centering on the Fayetteville site could arise in other locations. Mining Solutions Facility Construction Stoppage In March 2018, a civil association in Mexico filed a complaint against the government authorities involved in the permitting process of the Company’s new Mining Solutions facility under construction in Gomez Palacio, Durango, Mexico. The claimant sought and obtained a suspension from the district judge to stop the Company’s construction work while the claim is studied and reviewed. Chemours, as the third-party affected, has filed an appeal. The Company has declared force majeure with its vendors while plant construction is idled. Chemours’ project permits fully comply with the laws and regulations at the federal, state, and municipal levels, and is working with local and federal authorities, along with community leaders, to address the complaint. Environmental Chemours, due to the terms of its separation-related agreements with DuPont, is subject to contingencies pursuant to environmental laws and regulations that in the future may require further action to correct the effects on the environment of prior disposal practices or releases of chemical substances by Chemours or other parties. Much of this liability results from CERCLA, the Resource Conservation and Recovery Act, and similar state and global laws. These laws require Chemours to undertake certain investigative, remediation, and restoration activities at sites where Chemours conducts or once conducted operations or at sites where Chemours-generated waste was disposed. The accrual also includes estimated costs related to a number of sites identified for which it is probable that environmental remediation will be required, but which are not currently the subject of enforcement activities. At September 30, 2018 and December 31, 2017, the consolidated balance sheets included liabilities relating to these matters of $239 and $253, respectively, which, in management’s opinion, are appropriate based on existing facts and circumstances. The time-frame for a site to go through all phases of remediation (investigation and active clean-up) may take about 15 to 20 years, followed by several years of operation, maintenance, and monitoring (OM&M) activities. Remediation activities, including OM&M activities, vary substantially in duration and cost from site to site. These activities, and their associated costs, depend on the mix of unique site characteristics, evolving remediation technologies, diverse regulatory requirements, as well as the presence or absence of other potentially responsible parties. In addition, for claims that Chemours may be required to indemnify DuPont pursuant to the separation-related agreements, Chemours, through DuPont, has limited available information for certain sites or is in the early stages of discussions with regulators. For these sites in particular, there may be considerable variability between the clean-up activities that are currently being undertaken or planned and the ultimate actions that could be required. Therefore, considerable uncertainty exists with respect to environmental remediation costs and, under adverse changes in circumstances, although deemed remote, the potential liability may range up to approximately $470 above the amount accrued at September 30, 2018. Chemours incurred environmental remediation expenses of $8 and $32 for the three and nine months ended September 30, 2018, respectively, and $18 and $36 for the three and nine months ended September 30, 2017, respectively. Based on existing facts and circumstances, management does not believe that any loss, in excess of amounts accrued, related to remediation activities at any individual site will have a material impact on the Company’s financial position, results of operations, or cash flows in any given year, as such obligation can be satisfied or settled over many years. Sale of East Chicago, Indiana On June 29, 2018, the Company sold its East Chicago, Indiana site to a third-party for $1. In connection with the sale, the buyer has agreed to assume all costs associated with environmental remediation activities at the site in excess of $21, which will remain the responsibility of Chemours. At the time of the sale, the Company had accrued the full $21, and will reimburse the buyer through a series of progress payments to be made at defined intervals as certain tasks are completed. The Company recognized a gain of $3 on the sale, which includes the purchase price of $1, plus $2 in environmental remediation liabilities that were assumed by the buyer on the occurrence of the sale. Sale of Potomac River, West Virginia On September 27, 2018, the Company sold its Potomac River, West Virginia site to a third-party for $4. In connection with the sale, the buyer has agreed to assume certain future environmental remediation costs, and Chemours has retained $4 in existing environmental remediation liabilities. The Company recognized a $3 gain on the sale, which was deferred and will be recognized as the Company completes certain environmental remediation activities at the site.

Equity	9 Months Ended
Equity	Sep. 30, 2018
Stockholders Equity Note [Abstract]
Equity	Note 18. Equity On November 30, 2017, the Company’s board of directors approved a share repurchase program authorizing the purchase of shares of Chemours’ issued and outstanding common stock in an aggregate amount not to exceed $500, plus any associated fees or costs in connection with the Company’s share repurchase activity (2017 Share Repurchase Program). Under the 2017 Share Repurchase Program, shares of Chemours’ common stock were purchased on the open market from time to time, subject to management’s discretion, as well as general business and market conditions. The Company’s 2017 Share Repurchase Program became effective on November 30, 2017. On May 31, 2018, the Company completed the aggregate $500 in authorized purchases of Chemours’ issued and outstanding common stock under the 2017 Share Repurchase Program, which amounted to a cumulative 10,085,647 shares purchased at an average share price of $49.58 per share. All common shares purchased under the 2017 Share Repurchase Program are held as treasury stock and are accounted for using the cost method. On August 1, 2018, the Company’s board of directors approved a share repurchase program authorizing the purchase of shares of Chemours’ issued and outstanding common stock in an aggregate amount not to exceed $750, plus any associated fees or costs in connection with the Company’s share repurchases activity (2018 Share Repurchase Program). Under the 2018 Share Repurchase Program, shares of Chemours’ common stock can be purchased on the open market from time to time, subject to management’s discretion, as well as general business and market conditions. The Company’s 2018 Share Repurchase Program became effective on August 1, 2018 and will continue through the earlier of its expiration on December 31, 2020, or the completion of repurchases up to the approved amount. The program may be suspended or discontinued at any time. All common shares purchased under the 2018 Share Repurchase Program are expected to be held as treasury stock and accounted for using the cost method. During the third quarter of 2018, the Company purchased 3,226,824 shares of Chemours’ issued and outstanding common stock under the 2018 Share Repurchase Program, which amounted to $136 at an average share price of $42.23 per share. The aggregate amount of Chemours’ common stock that remained available for purchase under this program at September 30, 2018 was $614.

Financial Instruments

9 Months Ended

Sep. 30, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Financial Instruments

Note 19. Financial Instruments

Derivative Instruments

Objectives and Strategies for Holding Derivative Instruments

In the ordinary course of business, Chemours enters into contractual arrangements (i.e., derivatives) to reduce its exposure to foreign currency risks. The Company has established a derivative program to be utilized for financial risk management, which currently includes three distinct risk management strategies, as follows: (i) foreign currency forward contracts are used to minimize the volatility in the Company’s earnings related to foreign exchange gains and losses resulting from remeasuring its monetary assets and liabilities that are denominated in non-functional currencies; (ii) foreign currency forward contracts are also used to mitigate the risks associated with fluctuations in the euro against the U.S. dollar for forecasted U.S. dollar-denominated inventory purchases in certain of the Company’s international subsidiaries that use the euro as their functional currency; and, (iii) the Company has issued euro-denominated debt to reduce the volatility in its stockholders’ equity caused by changes in foreign currency exchange rates of the euro with respect to the U.S. dollar for certain of its international subsidiaries that use the euro as their functional currency. The Company’s derivative program reflects varying levels of exposure coverage and time horizons based on an assessment of risk. The derivative program operates within Chemours’ financial risk management policies and guidelines, and the Company does not enter into derivative financial instruments for trading or speculative purposes.

Net Monetary Assets and Liabilities Hedge - Foreign Currency Forward Contracts

Chemours uses foreign currency forward contracts to reduce its net exposure, by currency, related to non-functional currency-denominated monetary assets and liabilities of its operations so that exchange gains and losses resulting from exchange rate changes are minimized. Except as described below, these derivative instruments are not part of a cash flow hedge program or a fair value hedge program, and have not been designated as a hedge. Although all of the forward contracts are subject to an enforceable master netting agreement, Chemours has elected to present any derivative assets and liabilities on a gross basis on its consolidated balance sheets. No collateral has been required for these contracts. All gains and losses resulting from the revaluation of the derivative assets and liabilities are recognized in other income, net in the consolidated statements of operations during the period in which they occurred. Gains and losses on the Company’s derivative instruments are intended to be offset by any gains or losses on the underlying asset or liability.

At September 30, 2018, there were 16 foreign currency forward contracts outstanding, with an aggregate gross notional U.S. dollar equivalent of $483 and an average maturity of one month. There were no foreign currency forward contracts outstanding at December 31, 2017. Chemours recognized in other income, net of the consolidated statements of operations net gains of $14 and $8 for the three and nine months ended September 30, 2018, respectively, and a net loss of $1 and a net gain of $6 for the three and nine months ended September 30, 2017, respectively.

Cash Flow Hedge - Foreign Currency Forward Contracts

Beginning in the second quarter of 2018, Chemours has elected to enter certain qualifying foreign currency forward contracts under a cash flow hedge program. The objective of the Company’s cash flow hedge program is to mitigate the risks associated with fluctuations in the euro against the U.S. dollar for forecasted U.S. dollar-denominated inventory purchases in certain of its international subsidiaries that use the euro as their functional currency. All gains and losses resulting from the revaluation of any derivative assets and liabilities are recognized as a component of accumulated other comprehensive loss on the consolidated balance sheets during the period in which they occur, and are reclassified to the cost of goods sold in the consolidated statements of operations during the period in which the underlying transactions affect earnings, or when it becomes probable that the forecasted transactions will not occur.

At September 30, 2018, there were 48 foreign currency contracts outstanding under Chemours’ cash flow hedge program with an aggregate notional U.S. dollar equivalent of $135 and an average maturity of four months. The Company recognized a pre-tax loss of $1 and a pre-tax gain of $6 for the three and nine months ended September 30, 2018, respectively, on its cash flow hedge within accumulated other comprehensive loss. For the three and nine months ended September 30, 2018, $1 of gain was reclassified to the costs of goods sold from accumulated other comprehensive loss.

The Company expects to reclassify an approximate $4 of net gain from accumulated other comprehensive loss to the cost of goods sold over the next 12 months, based on current foreign currency exchange rates.

Net Investment Hedge - Foreign Currency Borrowings

Chemours designated its euro-denominated debt as a hedge of its net investments in certain of its international subsidiaries that use the euro as their functional currency in order to reduce the volatility in stockholders’ equity caused by changes in foreign currency exchange rates of the euro with respect to the U.S. dollar. The Company recognized the change in the carrying value of the 2026 Euro Notes and the New Euro Term Loan due to remeasurement in accumulated other comprehensive loss on the consolidated balance sheets. Chemours uses the spot method to evaluate the effectiveness of its net investment hedge on a quarterly basis.

Prior to the adoption of ASU No. 2017-12, Chemours did not record any historical ineffectiveness with regard to its net investment hedge as the relationship was perfectly effective.

The Company recognized a pre-tax loss of $11 and a pre-tax gain of $2 for the three and nine months ended September 30, 2018, respectively, and pre-tax losses of $26 and $76 for the three and nine months ended September 30, 2017, respectively, on its net investment hedges within accumulated other comprehensive loss. No amounts were reclassified from accumulated other comprehensive loss for the Company’s net investment hedges during the three and nine months ended September 30, 2018 and 2017.

Fair Value of Derivative Instruments

The following table sets forth the fair value of the Company’s derivative assets and liabilities at September 30, 2018 and December 31, 2017.

	Balance Sheet Location	September 30, 2018		December 31, 2017
Asset derivatives:
Foreign currency forward contracts not designated as a hedging instrument	Accounts and notes receivable, net	$	1	$	—
Foreign currency forward contracts designated as a cash flow hedge	Accounts and notes receivable, net		2		—
Total asset derivatives		$	3	$	—

Liability derivatives:
Foreign currency forward contracts not designated as a hedging instrument	Other accrued liabilities	$	1	$	—
Total liability derivatives		$	1	$	—

The Company’s foreign currency forward contracts are classified as Level 2 financial instruments within the fair value hierarchy as the valuation inputs are based on the quoted prices and market observable data of similar instruments. For derivative assets and liabilities, standard industry models are used to calculate the fair value of the various financial instruments based on significant observable market inputs, such as foreign exchange rates and implied volatilities obtained from various market sources. Market inputs are obtained from well-established and recognized vendors of market data, and subjected to tolerance/quality checks.

Summary of Derivative Instruments

The following table sets forth the pre-tax changes in fair value of the Company’s derivative assets and liabilities for the three and nine months ended September 30, 2018 and 2017.

	Gain (Loss) Recognized In
						Accumulated Other
Three Months Ended September 30,	Cost of Goods Sold		Other Income, Net			Comprehensive Loss
2018
Foreign currency forward contracts not designated as a hedging instrument	$	—	$	14		$	—
Foreign currency forward contracts designated as a cash flow hedge		1		—			(2	)
Euro-denominated debt designated as a net investment hedge		—		—			(11	)

2017
Foreign currency forward contracts not designated as a hedging instrument	$	—	$	(1	)	$	—
Euro-denominated debt designated as a net investment hedge		—		—			(26	)

	Gain (Loss) Recognized In
					Accumulated Other
Nine Months Ended September 30,	Cost of Goods Sold		Other Income, Net		Comprehensive Loss
2018
Foreign currency forward contracts not designated as a hedging instrument	$	—	$	8	$	—
Foreign currency forward contracts designated as a cash flow hedge		1		—		5
Euro-denominated debt designated as a net investment hedge		—		—		2

2017
Foreign currency forward contracts not designated as a hedging instrument	$	—	$	6	$	—
Euro-denominated debt designated as a net investment hedge		—		—		(76	)

Long-term Employee Benefits

9 Months Ended

Sep. 30, 2018

General Discussion Of Pension And Other Postretirement Benefits [Abstract]

Long-term Employee Benefits

Note 20. Long-term Employee Benefits

Chemours sponsors defined benefit pension plans for certain of its employees in various jurisdictions outside of the U.S. The Company’s net periodic pension income is based on estimated values and an extensive use of assumptions about the discount rate, expected return on plan assets, and the rate of future compensation increases received by its employees.

The following table sets forth the Company’s net periodic pension income and the amounts recognized in other comprehensive income, excluding any of the pre-tax effects of foreign exchange rates, for its significant defined benefit pension plans for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Net periodic pension (cost) income:
Service cost	$	(4	)	$	(4	)	$	(11	)	$	(11	)
Interest cost		(4	)		(4	)		(13	)		(11	)
Expected return on plan assets		14			18			43			52
Amortization of prior service gain		—			1			2			1
Amortization of actuarial loss		(4	)		(5	)		(12	)		(15	)
Settlement loss		(2	)		(1	)		(2	)		(1	)
Net periodic pension income		—			5			7			15
Changes in plan assets and benefit obligations recognized in other comprehensive income:
Amortization of prior service gain		—			(1	)		(1	)		(1	)
Amortization of actuarial loss		4			5			11			15
Settlement loss		2			1			2			1
Benefit recognized in other comprehensive income		6			5			12			15
Total net periodic pension income and benefit recognized in comprehensive income	$	6		$	10		$	19		$	30

The Company made cash contributions of $4 and $12 to its pension plans during the three and nine months ended September 30, 2018, respectively, and expects to make additional cash contributions of $3 to its pension plans during the remainder of 2018.

Stock-based Compensation

9 Months Ended

Sep. 30, 2018

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock-based Compensation

Note 21. Stock-based Compensation

Total stock-based compensation expense included in the consolidated statements of operations was $5 and $20 for the three and nine months ended September 30, 2018, respectively, and $6 and $21 for the three and nine months ended September 30, 2017, respectively.

The Chemours Company 2017 Equity and Incentive Plan and The Chemours Company Equity and Incentive Plan provide for grants to certain employees, independent contractors, or non-employee directors of the Company in different forms of awards, including stock options, restricted stock units (RSUs), and performance share units (PSUs). The Chemours Compensation Committee of the board of directors determines the long-term incentive awards mix and may authorize new grants annually.

Stock Options

During the nine months ended September 30, 2018, Chemours granted approximately 500,000 non-qualified stock options to certain of its employees, which will vest over a three-year period and expire 10 years from the date of grant. The fair value of the stock options is based upon the Black-Scholes valuation model.

The following table sets forth the weighted average assumptions used to determine the fair value of the Company’s stock option awards granted during the nine months ended September 30, 2018.

	Nine Months Ended September 30, 2018
Risk-free interest rate		2.65	%
Expected term (years)		6.00
Volatility		47.56	%
Dividend yield		1.42	%
Fair value per stock option	$	20.47

The Company recorded $1 and $7 in stock-based compensation expense specific to its stock options for the three and nine months ended September 30, 2018, respectively, and $2 and $5 in stock-based compensation expense specific to its stock options for the three and nine months ended September 30, 2017, respectively. At September 30, 2018, approximately 5,990,000 stock options remain outstanding.

Restricted Stock Units

During the nine months ended September 30, 2018, Chemours granted approximately 140,000 RSUs to certain of its employees and non-employee directors. Awards granted to employees will vest over a three-year period. Awards granted to non-employee directors will either vest immediately, on the third anniversary of the grant date, or upon departure from the board of directors, as elected. Upon vesting, RSUs convert one-for-one to Chemours’ common stock. The fair value of the RSUs is based upon the market price of the underlying common stock at the grant date.

The Company recorded $1 and $6 in stock-based compensation expense specific to its RSUs for the three and nine months ended September 30, 2018, respectively, and $3 and $11 in stock-based compensation expense specific to its RSUs for the three and nine months ended September 30, 2017, respectively. At September 30, 2018, approximately 240,000 RSUs remain non-vested.

Performance Share Units

During the nine months ended September 30, 2018, Chemours granted approximately 140,000 PSUs to key senior management employees, which, upon vesting, convert one-for-one to Chemours’ common stock if specified performance goals, including certain market-based conditions, are met over the three-year performance period specified in the grant, subject to exceptions through the respective vesting period of three years. Each grantee is granted a target award of PSUs, and may earn between 0% and 200% of the target amount, depending on the Company’s performance against stated performance goals.

A portion of the fair value of PSUs was estimated at the grant date based on the probability of satisfying the market-based conditions associated with the PSUs using the Monte Carlo valuation method, which assesses probabilities of various outcomes for market conditions. The other portion of the fair value of the PSUs is based on the fair market value of the Company’s stock at the grant date, regardless of whether the market-based condition is satisfied.

The Company recorded $3 and $7 in stock-based compensation expense specific to its PSUs for the three and nine months ended September 30, 2018, respectively, and $1 and $5 in stock-based compensation expense specific to its PSUs for the three and nine months ended September 30, 2017, respectively. At September 30, 2018, approximately 1,110,000 PSUs at 100% of their target amount remain non-vested.

Employee Stock Purchase Plan

On January 26, 2017, the Company’s board of directors approved The Chemours Company Employee Stock Purchase Plan (ESPP), which was approved by Chemours’ stockholders on April 26, 2017. Under the ESPP, a total of 7,000,000 shares of Chemours’ common stock is reserved and authorized for issuance to participating employees, as defined by the ESPP, which excludes executive officers of the Company. The ESPP provides for consecutive 12-month offering periods, each with four purchase periods beginning and ending on the calendar quarters within those offering periods. Participating employees are eligible to purchase the Company’s common stock at a discounted rate equal to 95% of its fair value on the last trading day of each purchase period.

During the first and third quarters of 2018, the Company executed an open market transaction to purchase Chemours’ common stock on behalf of ESPP participants. In each of the respective quarters, total purchases amounted to less than $1, which was used to purchase approximately 12,000 shares of Chemours’ common stock. During the second quarter of 2018, the Company issued approximately 12,000 shares out of its treasury stock to ESPP participants, which amounted to less than $1.

Segment Information

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Segment Information

Note 22. Segment Information

Chemours’ reportable segments are: Fluoroproducts, Chemical Solutions, and Titanium Technologies. Corporate costs and certain legacy legal and environmental expenses, stock-based compensation costs, and foreign exchange gains and losses arising from the remeasurement of balances in currencies other than the functional currency of the Company’s legal entities are reflected in Corporate and Other.

Segment sales include transfers to another reportable segment. Certain products are transferred between segments on a basis intended to reflect, as nearly as practicable, the market value of the products. These product transfers were limited and were not significant for each of the periods presented. Depreciation and amortization includes depreciation on research and development facilities and the amortization of other intangible assets, excluding any write-downs of assets.

Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) is the primary measure of segment performance used by the Company’s Chief Operating Decision Maker and is defined as income (loss) before income taxes, excluding the following:

•

interest expense, depreciation, and amortization;

•

non-operating pension and other post-retirement employee benefit costs, which represent the components of net periodic pension (income) costs excluding the service cost component;

•

exchange (gains) losses included in other income (expense), net;

•

restructuring, asset-related, and other charges;

•

asset impairments;

•

(gains) losses on sales of assets and businesses; and,

•

other items not considered indicative of the Company’s ongoing operational performance and expected to occur infrequently.

The following table sets forth certain summary financial information for the Company’s reportable segments and Corporate and Other for the three and nine months ended September 30, 2018 and 2017.

Three Months Ended September 30,	Fluoroproducts		Chemical Solutions		Titanium Technologies		Corporate and Other			Total
2018
Net sales to external customers	$	682	$	155	$	791	$	—		$	1,628
Adjusted EBITDA		182		24		268		(39	)		435
Depreciation and amortization		28		5		30		8			71

2017
Net sales to external customers	$	637	$	148	$	799	$	—		$	1,584
Adjusted EBITDA		158		18		249		(44	)		381
Depreciation and amortization		28		4		24		6			62

Nine Months Ended September 30,	Fluoroproducts		Chemical Solutions		Titanium Technologies		Corporate and Other			Total
2018
Net sales to external customers	$	2,213	$	453	$	2,508	$	—		$	5,174
Adjusted EBITDA		619		50		856		(126	)		1,399
Depreciation and amortization		87		15		90		21			213

2017
Net sales to external customers	$	1,998	$	437	$	2,173	$	—		$	4,608
Adjusted EBITDA		510		37		601		(120	)		1,028
Depreciation and amortization		81		13		89		21			204

The following table sets forth a reconciliation of Adjusted EBITDA to the Company’s consolidated net income before income taxes for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Income before income taxes	$	269		$	250		$	973		$	649
Interest expense, net		47			55			148			160
Depreciation and amortization		71			62			213			204
Non-operating pension and other post-retirement employee benefit income		(4	)		(7	)		(18	)		(24	)
Exchange losses (gains), net		6			4			4			(3	)
Restructuring and other charges		12			8			32			31
Asset-related and other charges		—			1			—			3
Loss on extinguishment of debt		—			—			38			1
Gain on sales of assets and businesses (1)		—			—			(45	)		(14	)
Transaction costs (2)		—			1			9			3
Legal and other charges (3)		34			7			45			18
Adjusted EBITDA	$	435		$	381		$	1,399		$	1,028

(1)

(2)

Includes costs associated with the Company’s debt transactions, as well as accounting, legal, and bankers’ transaction costs incurred in connection with the Company’s strategic initiatives.

(3)

Includes litigation settlements, PFOA drinking water treatment accruals, and other charges, including the $30 additional estimated liability for the Company’s Fayetteville, North Carolina site for the three and nine months ended September 30, 2018, the latter of which is included as a component of selling, general, and administrative expense in the consolidated statements of operations. See “Note 17 - Commitments and Contingent Liabilities” for further detail.

Subsequent Event	9 Months Ended
Subsequent Event	Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Event	Note 23. Subsequent Event In connection with its 2018 Share Repurchase Program, the Company purchased an additional 3,124,033 shares of Chemours’ issued and outstanding common stock in October 2018, which amounted to $114 at an average share price of $36.30 per share.

Guarantor Condensed Consolidating Financial Information

9 Months Ended

Sep. 30, 2018

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Guarantor Condensed Consolidating Financial Information

Note 24. Guarantor Condensed Consolidating Financial Information

The following guarantor condensed consolidating financial information is included in accordance with Rule 3-10 of Regulation S-X (Rule 3-10) in connection with the subsidiary guarantees of the Notes (collectively, the 2023 Notes, the 7.000% senior unsecured notes due May 2025, the 2026 Euro Notes, and the 5.375% senior unsecured notes due May 2027), in each case, issued by The Chemours Company (Parent Issuer). As of the dates indicated, each series of the Notes was fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis, subject to certain exceptions, by the same group of subsidiaries of the Parent Issuer (together, the Guarantor Subsidiaries). Each of the Guarantor Subsidiaries is 100% owned by the Company. None of the other subsidiaries of the Company, either direct or indirect, guarantee the Notes (together, the Non-Guarantor Subsidiaries). Pursuant to the indentures governing the Notes, the Guarantor Subsidiaries will be automatically released from those guarantees upon the occurrence of certain customary release provisions.

The following condensed consolidating financial information is presented to comply with the Company’s requirements under Rule 3-10:

•

the condensed consolidating statements of comprehensive income for the three and nine months ended September 30, 2018 and 2017;

•

the condensed consolidating balance sheets at September 30, 2018 and December 31, 2017; and,

•

the condensed consolidating statements of cash flows for the nine months ended September 30, 2018 and 2017.

The following guarantor condensed consolidating financial information is presented using the equity method of accounting for the Company’s investments in its wholly-owned subsidiaries. Under the equity method, the investments in subsidiaries are recorded at cost and adjusted for the Company’s share of its subsidiaries’ cumulative results of operations, capital contributions, distributions, and other equity changes. The elimination entries principally eliminate investments in subsidiaries and intercompany balances and transactions. The financial information included herein may not necessarily be indicative of the financial positions, results of operations, or cash flows of the Company’s subsidiaries had they operated as independent entities, and should be read in conjunction with the interim consolidated financial statements and the related notes thereto.

Condensed Consolidating Statements of Comprehensive Income

	Three Months Ended September 30, 2018
	Parent Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Net sales	$	—		$	987		$	1,103		$	(462	)	$	1,628
Cost of goods sold		—			769			834			(452	)		1,151
Gross profit		—			218			269			(10	)		477
Selling, general, and administrative expense		5			122			40			(4	)		163
Research and development expense		—			18			2			—			20
Restructuring, asset-related, and other charges		—			12			—			—			12
Total other operating expenses		5			152			42			(4	)		195
Equity in earnings of affiliates		—			—			10			—			10
Equity in earnings of subsidiaries		308			(1	)		—			(307	)		—
Interest (expense) income, net		(51	)		1			3			—			(47	)
Intercompany interest income (expense), net		13			3			(16	)		—			—
Loss on extinguishment of debt		—			—			—			—			—
Other income (expense), net		2			52			(26	)		(4	)		24
Income before income taxes		267			121			198			(317	)		269
(Benefit from) provision for income taxes		(8	)		(31	)		33			—			(6	)
Net income		275			152			165			(317	)		275
Less: Net income attributable to non-controlling interests		—			—			—			—			—
Net income attributable to Chemours	$	275		$	152		$	165		$	(317	)	$	275
Comprehensive income attributable to Chemours	$	304		$	152		$	202		$	(354	)	$	304

	Nine Months Ended September 30, 2018
	Parent Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Net sales	$	—		$	3,071	$	3,493		$	(1,390	)	$	5,174
Cost of goods sold		—			2,403		2,590			(1,390	)		3,603
Gross profit		—			668		903			—			1,571
Selling, general, and administrative expense		28			339		119			(20	)		466
Research and development expense		—			56		5			—			61
Restructuring, asset-related, and other charges		—			31		1			—			32
Total other operating expenses		28			426		125			(20	)		559
Equity in earnings of affiliates		—			—		32			—			32
Equity in earnings of subsidiaries		983			2		—			(985	)		—
Interest (expense) income, net		(159	)		2		9			—			(148	)
Intercompany interest income (expense), net		35			6		(41	)		—			—
Loss on extinguishment of debt		(38	)		—		—			—			(38	)
Other income (expense), net		22			146		(33	)		(20	)		115
Income before income taxes		815			398		745			(985	)		973
(Benefit from) provision for income taxes		(39	)		31		127			—			119
Net income		854			367		618			(985	)		854
Less: Net income attributable to non-controlling interests		—			—		1			—			1
Net income attributable to Chemours	$	854		$	367	$	617		$	(985	)	$	853
Comprehensive income attributable to Chemours	$	855		$	367	$	618		$	(985	)	$	855

Condensed Consolidating Statements of Comprehensive Income

	Three Months Ended September 30, 2017
	Parent Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Net sales	$	—		$	960	$	1,053		$	(429	)	$	1,584
Cost of goods sold		—			773		755			(409	)		1,119
Gross profit		—			187		298			(20	)		465
Selling, general, and administrative expense		7			105		48			(7	)		153
Research and development expense		—			19		1			—			20
Restructuring, asset-related, and other charges		—			8		—			—			8
Total other operating expenses		7			132		49			(7	)		181
Equity in earnings of affiliates		—			—		9			—			9
Equity in earnings of subsidiaries		233			—		—			(233	)		—
Interest (expense) income, net		(57	)		2		—			—			(55	)
Intercompany interest income (expense), net		16			—		(16	)		—			—
Loss on extinguishment of debt		—			—		—			—			—
Other income (expense), net		6			22		(10	)		(6	)		12
Income before income taxes		191			79		232			(252	)		250
(Benefit from) provision for income taxes		(16	)		18		42			(1	)		43
Net income		207			61		190			(251	)		207
Less: Net income attributable to non-controlling interests		—			—		—			—			—
Net income attributable to Chemours	$	207		$	61	$	190		$	(251	)	$	207
Comprehensive income attributable to Chemours	$	228		$	63	$	225		$	(288	)	$	228

	Nine Months Ended September 30, 2017
	Parent Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Net sales	$	—		$	2,904	$	2,941		$	(1,237	)	$	4,608
Cost of goods sold		—			2,358		2,216			(1,227	)		3,347
Gross profit		—			546		725			(10	)		1,261
Selling, general, and administrative expense		26			339		118			(22	)		461
Research and development expense		—			57		5			—			62
Restructuring, asset-related, and other charges		—			28		3			—			31
Total other operating expenses		26			424		126			(22	)		554
Equity in earnings of affiliates		—			—		26			—			26
Equity in earnings of subsidiaries		594			—		—			(594	)		—
Interest (expense) income, net		(163	)		1		2			—			(160	)
Intercompany interest income (expense), net		48			—		(48	)		—			—
Loss on extinguishment of debt		(1	)		—		—			—			(1	)
Other income (expense), net		19			93		(13	)		(22	)		77
Income before income taxes		471			216		566			(604	)		649
(Benefit from) provision for income taxes		(47	)		40		136			1			130
Net income		518			176		430			(605	)		519
Less: Net income attributable to non-controlling interests		—			—		1			—			1
Net income attributable to Chemours	$	518		$	176	$	429		$	(605	)	$	518
Comprehensive income attributable to Chemours	$	675		$	178	$	640		$	(818	)	$	675

Condensed Consolidating Balance Sheets

	September 30, 2018
	Parent Issuer		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—	$	457		$	818		$	—		$	1,275
Accounts and notes receivable, net		—		324			674			—			998
Intercompany receivable		18		848			87			(953	)		—
Inventories		—		440			734			(88	)		1,086
Prepaid expenses and other		—		64			25			—			89
Total current assets		18		2,133			2,338			(1,041	)		3,448
Property, plant, and equipment		—		6,730			2,155			—			8,885
Less: Accumulated depreciation		—		(4,557	)		(1,121	)		—			(5,678	)
Property, plant and equipment, net		—		2,173			1,034			—			3,207
Goodwill and other intangible assets, net		—		150			37			—			187
Investments in affiliates		—		—			179			—			179
Investment in subsidiaries		4,446		42			—			(4,488	)		—
Intercompany notes receivable		1,150		—			—			(1,150	)		—
Other assets		23		122			359			(13	)		491
Total assets	$	5,637	$	4,620		$	3,947		$	(6,692	)	$	7,512
Liabilities
Current liabilities:
Accounts payable	$	—	$	634		$	489		$	—		$	1,123
Current maturities of long-term debt		14		—			—			—			14
Intercompany payable		466		87			400			(953	)		—
Other accrued liabilities		70		298			193			—			561
Total current liabilities		550		1,019			1,082			(953	)		1,698
Long-term debt, net		3,934		51			—			—			3,985
Intercompany notes payable		—		—			1,150			(1,150	)		—
Deferred income taxes		13		120			114			(27	)		220
Other liabilities		—		378			85			—			463
Total liabilities		4,497		1,568			2,431			(2,130	)		6,366
Commitments and contingent liabilities
Equity
Total Chemours stockholders’ equity		1,140		3,052			1,510			(4,562	)		1,140
Non-controlling interests		—		—			6			—			6
Total equity		1,140		3,052			1,516			(4,562	)		1,146
Total liabilities and equity	$	5,637	$	4,620		$	3,947		$	(6,692	)	$	7,512

Condensed Consolidating Balance Sheets

	December 31, 2017
	Parent Issuer		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—	$	761		$	795		$	—		$	1,556
Accounts and notes receivable, net		—		308			611			—			919
Intercompany receivable		3		904			581			(1,488	)		—
Inventories		—		394			631			(90	)		935
Prepaid expenses and other		—		57			15			11			83
Total current assets		3		2,424			2,633			(1,567	)		3,493
Property, plant, and equipment		—		6,449			2,062			—			8,511
Less: Accumulated depreciation		—		(4,438	)		(1,065	)		—			(5,503	)
Property, plant and equipment, net		—		2,011			997			—			3,008
Goodwill and other intangible assets, net		—		152			14			—			166
Investments in affiliates		—		—			173			—			173
Investment in subsidiaries		4,393		—			—			(4,393	)		—
Intercompany notes receivable		1,150		—			—			(1,150	)		—
Other assets		23		115			328			(13	)		453
Total assets	$	5,569	$	4,702		$	4,145		$	(7,123	)	$	7,293
Liabilities
Current liabilities:
Accounts payable	$	31	$	606		$	438		$	—		$	1,075
Current maturities of long-term debt		15		—			—			—			15
Intercompany payable		542		581			365			(1,488	)		—
Other accrued liabilities		34		343			181			—			558
Total current liabilities		622		1,530			984			(1,488	)		1,648
Long-term debt, net		4,087		10			—			—			4,097
Intercompany notes payable		—		—			1,150			(1,150	)		—
Deferred income taxes		—		127			105			(24	)		208
Other liabilities		—		388			87			—			475
Total liabilities		4,709		2,055			2,326			(2,662	)		6,428
Commitments and contingent liabilities
Equity
Total Chemours stockholders’ equity		860		2,647			1,814			(4,461	)		860
Non-controlling interests		—		—			5			—			5
Total equity		860		2,647			1,819			(4,461	)		865
Total liabilities and equity	$	5,569	$	4,702		$	4,145		$	(7,123	)	$	7,293

Condensed Consolidating Statements of Cash Flows

	Nine Months Ended September 30, 2018
	Parent Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Cash flows from operating activities
Cash provided by (used for) operating activities	$	2		$	(138	)	$	1,017		$	—		$	881
Cash flows from investing activities
Purchases of property, plant, and equipment		—			(259	)		(85	)		—			(344	)
Acquisition of business, net		—			(37	)		—			—			(37	)
Proceeds from sales of assets and businesses, net		—			46			—			—			46
Intercompany investing activities		—			76			(897	)		821			—
Foreign exchange contract settlements, net		—			8			—			—			8
Cash used for investing activities		—			(166	)		(982	)		821			(327	)
Cash flows from financing activities
Proceeds from issuance of debt, net		520			—			—			—			520
Debt repayments		(675	)		—			—			—			(675	)
Payments related to extinguishment of debt		(29	)		—			—			—			(29	)
Payments of debt issuance costs		(12	)		—			—			—			(12	)
Purchases of treasury stock, at cost		(520	)		—			—			—			(520	)
Intercompany financing activities		821			—			—			(821	)		—
Proceeds from exercised stock options, net		15			—			—			—			15
Payments related to tax withholdings on vested restricted stock units		(16	)		—			—			—			(16	)
Payments of dividends		(106	)		—			—			—			(106	)
Cash used for financing activities		(2	)		—			—			(821	)		(823	)
Effect of exchange rate changes on cash and cash equivalents		—			—			(12	)		—			(12	)
(Decrease) increase in cash and cash equivalents		—			(304	)		23			—			(281	)
Cash and cash equivalents at beginning of the period		—			761			795			—			1,556
Cash and cash equivalents at end of the period	$	—		$	457		$	818		$	—		$	1,275

Condensed Consolidating Statements of Cash Flows

	Nine Months Ended September 30, 2017
	Parent Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Cash flows from operating activities
Cash (used for) provided by operating activities	$	(59	)	$	32		$	364		$	—		$	337
Cash flows from investing activities
Purchases of property, plant, and equipment		—			(204	)		(42	)		—			(246	)
Proceeds from sales of assets and businesses, net		—			39			—			—			39
Intercompany investing activities		—			408			—			(408	)		—
Foreign exchange contract settlements, net		—			5			—			—			5
Cash provided by (used for) investing activities		—			248			(42	)		(408	)		(202	)
Cash flows from financing activities
Intercompany short-term borrowing repayments, net		(408	)		—			—			408			—
Proceeds from issuance of debt, net		494			—			—			—			494
Debt repayments		(24	)		—			—			—			(24	)
Payments related to extinguishment of debt		(1	)		—			—			—			(1	)
Payments of debt issuance costs		(6	)		—			—			—			(6	)
Proceeds from exercised stock options, net		30			—			—			—			30
Payments related to tax withholdings on vested restricted stock units		(10	)		—			—			—			(10	)
Payments of dividends		(16	)		—			—			—			(16	)
Cash provided by financing activities		59			—			—			408			467
Effect of exchange rate changes on cash and cash equivalents		—			—			31			—			31
Increase in cash and cash equivalents		—			280			353			—			633
Cash and cash equivalents at beginning of the period		—			224			678			—			902
Cash and cash equivalents at end of the period	$	—		$	504		$	1,031		$	—		$	1,535

Recent Accounting Pronouncements (Policies)

9 Months Ended

Sep. 30, 2018

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Recent Accounting Pronouncements

Accounting Guidance Issued and Not Yet Adopted

Leases

Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract

Recently Adopted Accounting Guidance

Revenue from Contracts with Customers

The following table sets forth the impacts of the adoption of Topic 606 on the Company’s consolidated statements of operations for the three months ended September 30, 2018.

	Three Months Ended September 30, 2018
	Without			Topic 606
	Topic 606			Adjustments			As Reported
Net sales	$	1,627		$	1		$	1,628
Cost of goods sold		1,151			—			1,151
Gross profit		476			1			477
Selling, general, and administrative expense		163			—			163
Research and development expense		20			—			20
Restructuring, asset-related, and other charges		12			—			12
Total other operating expenses		195			—			195
Equity in earnings of affiliates		10			—			10
Interest expense, net		(47	)		—			(47	)
Loss on extinguishment of debt		—			—			—
Other income, net		25			(1	)		24
Income before income taxes		269			—			269
Benefit from income taxes		(6	)		—			(6	)
Net income		275			—			275
Less: Net income attributable to non-controlling interests		—			—			—
Net income attributable to Chemours	$	275		$	—		$	275

The following table sets forth the impacts of the adoption of Topic 606 on the Company’s consolidated statements of operations for the nine months ended September 30, 2018.

	Nine Months Ended September 30, 2018
	Without			Topic 606
	Topic 606			Adjustments			As Reported
Net sales	$	5,170		$	4		$	5,174
Cost of goods sold		3,601			2			3,603
Gross profit		1,569			2			1,571
Selling, general, and administrative expense		468			(2	)		466
Research and development expense		61			—			61
Restructuring, asset-related, and other charges		32			—			32
Total other operating expenses		561			(2	)		559
Equity in earnings of affiliates		32			—			32
Interest expense, net		(148	)		—			(148	)
Loss on extinguishment of debt		(38	)		—			(38	)
Other income, net		119			(4	)		115
Income before income taxes		973			—			973
Provision for income taxes		119			—			119
Net income		854			—			854
Less: Net income attributable to non-controlling interests		1			—			1
Net income attributable to Chemours	$	853		$	—		$	853

Classification of Certain Cash Receipts and Cash Payments

Clarifying the Definition of a Business

Retirement Benefits

The following table sets forth a reclassification of the Company’s non-operating pension and other post-retirement employee benefit income for the three months ended September 30, 2017.

	Three Months Ended September 30, 2017
				ASU No. 2017-07
	As Reported			Adjustments			As Reclassified
Net sales	$	1,584		$	—		$	1,584
Cost of goods sold		1,117			2			1,119
Gross profit		467			(2	)		465
Selling, general, and administrative expense		148			5			153
Research and development expense		20			—			20
Restructuring, asset-related, and other charges		8			—			8
Total other operating expenses		176			5			181
Equity in earnings of affiliates		9			—			9
Interest expense, net		(55	)		—			(55	)
Loss on extinguishment of debt		—			—			—
Other income, net		5			7			12
Income before income taxes		250			—			250
Provision for income taxes		43			—			43
Net income		207			—			207
Less: Net income attributable to non-controlling interests		—			—			—
Net income attributable to Chemours	$	207		$	—		$	207

The following table sets forth a reclassification of the Company’s non-operating pension and other post-retirement employee benefit income for the nine months ended September 30, 2017.

	Nine Months Ended September 30, 2017
				ASU No. 2017-07
	As Reported			Adjustments			As Reclassified
Net sales	$	4,608		$	—		$	4,608
Cost of goods sold		3,341			6			3,347
Gross profit		1,267			(6	)		1,261
Selling, general, and administrative expense		444			17			461
Research and development expense		61			1			62
Restructuring, asset-related, and other charges		31			—			31
Total other operating expenses		536			18			554
Equity in earnings of affiliates		26			—			26
Interest expense, net		(160	)		—			(160	)
Loss on extinguishment of debt		(1	)		—			(1	)
Other income, net		53			24			77
Income before income taxes		649			—			649
Provision for income taxes		130			—			130
Net income		519			—			519
Less: Net income attributable to non-controlling interests		1			—			1
Net income attributable to Chemours	$	518		$	—		$	518

Derivatives and Hedging

Recent Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2018

ASU 2014-09 [Member]

Impacts of Adoption of New Accounting Guidance on Consolidated Statements of Operations

The following table sets forth the impacts of the adoption of Topic 606 on the Company’s consolidated statements of operations for the three months ended September 30, 2018.

	Three Months Ended September 30, 2018
	Without			Topic 606
	Topic 606			Adjustments			As Reported
Net sales	$	1,627		$	1		$	1,628
Cost of goods sold		1,151			—			1,151
Gross profit		476			1			477
Selling, general, and administrative expense		163			—			163
Research and development expense		20			—			20
Restructuring, asset-related, and other charges		12			—			12
Total other operating expenses		195			—			195
Equity in earnings of affiliates		10			—			10
Interest expense, net		(47	)		—			(47	)
Loss on extinguishment of debt		—			—			—
Other income, net		25			(1	)		24
Income before income taxes		269			—			269
Benefit from income taxes		(6	)		—			(6	)
Net income		275			—			275
Less: Net income attributable to non-controlling interests		—			—			—
Net income attributable to Chemours	$	275		$	—		$	275

The following table sets forth the impacts of the adoption of Topic 606 on the Company’s consolidated statements of operations for the nine months ended September 30, 2018.

	Nine Months Ended September 30, 2018
	Without			Topic 606
	Topic 606			Adjustments			As Reported
Net sales	$	5,170		$	4		$	5,174
Cost of goods sold		3,601			2			3,603
Gross profit		1,569			2			1,571
Selling, general, and administrative expense		468			(2	)		466
Research and development expense		61			—			61
Restructuring, asset-related, and other charges		32			—			32
Total other operating expenses		561			(2	)		559
Equity in earnings of affiliates		32			—			32
Interest expense, net		(148	)		—			(148	)
Loss on extinguishment of debt		(38	)		—			(38	)
Other income, net		119			(4	)		115
Income before income taxes		973			—			973
Provision for income taxes		119			—			119
Net income		854			—			854
Less: Net income attributable to non-controlling interests		1			—			1
Net income attributable to Chemours	$	853		$	—		$	853

ASU 2017-07 [Member]

Impacts of Adoption of New Accounting Guidance on Consolidated Statements of Operations

The following table sets forth a reclassification of the Company’s non-operating pension and other post-retirement employee benefit income for the three months ended September 30, 2017.

	Three Months Ended September 30, 2017
				ASU No. 2017-07
	As Reported			Adjustments			As Reclassified
Net sales	$	1,584		$	—		$	1,584
Cost of goods sold		1,117			2			1,119
Gross profit		467			(2	)		465
Selling, general, and administrative expense		148			5			153
Research and development expense		20			—			20
Restructuring, asset-related, and other charges		8			—			8
Total other operating expenses		176			5			181
Equity in earnings of affiliates		9			—			9
Interest expense, net		(55	)		—			(55	)
Loss on extinguishment of debt		—			—			—
Other income, net		5			7			12
Income before income taxes		250			—			250
Provision for income taxes		43			—			43
Net income		207			—			207
Less: Net income attributable to non-controlling interests		—			—			—
Net income attributable to Chemours	$	207		$	—		$	207

The following table sets forth a reclassification of the Company’s non-operating pension and other post-retirement employee benefit income for the nine months ended September 30, 2017.

	Nine Months Ended September 30, 2017
				ASU No. 2017-07
	As Reported			Adjustments			As Reclassified
Net sales	$	4,608		$	—		$	4,608
Cost of goods sold		3,341			6			3,347
Gross profit		1,267			(6	)		1,261
Selling, general, and administrative expense		444			17			461
Research and development expense		61			1			62
Restructuring, asset-related, and other charges		31			—			31
Total other operating expenses		536			18			554
Equity in earnings of affiliates		26			—			26
Interest expense, net		(160	)		—			(160	)
Loss on extinguishment of debt		(1	)		—			(1	)
Other income, net		53			24			77
Income before income taxes		649			—			649
Provision for income taxes		130			—			130
Net income		519			—			519
Less: Net income attributable to non-controlling interests		1			—			1
Net income attributable to Chemours	$	518		$	—		$	518

Significant Transactions and Events (Tables)

9 Months Ended

Sep. 30, 2018

Significant Transactions And Events [Abstract]

Schedule of Estimated Fair Value of Assets Acquired and Liabilities Assumed in Acquisition

	Fair Value At		Measurement Period			Adjusted		Weighted-average
	Acquisition Date		Adjustments			Fair Value		Useful Life (Years)
Assets acquired:
Accounts receivable - trade	$	4	$	—		$	4
Inventories		8		—			8
Property, plant, and equipment		1		—			1
Identifiable intangible asset:
Customer relationships (1)		20		2			22		5
Total assets acquired		33		2			35
Liabilities assumed:
Accounts payable		1		—			1
Other accrued liabilities		1		—			1
Total liabilities assumed		2		—			2
Total identifiable net assets acquired		31		2			33
Goodwill (1)		6		(2	)		4
Net assets acquired	$	37	$	—		$	37

(1)

Net Sales (Tables)

9 Months Ended

Sep. 30, 2018

Revenue From Contract With Customer [Abstract]

Summary of Disaggregation of Net Sales by Geographical Region, Product Group, and Segment

The following table sets forth a disaggregation of the Company’s net sales by geographic region, product group, and segment for the three months ended September 30, 2018.

	Three Months Ended September 30, 2018
			Chemical		Titanium
	Fluoroproducts		Solutions		Technologies		Total
Net sales by geographic region (1)
North America	$	273	$	87	$	228	$	588
Asia Pacific		168		21		251		440
Europe, the Middle East, and Africa		188		5		189		382
Latin America (2)		53		42		123		218
Total net sales	$	682	$	155	$	791	$	1,628

Net sales by product group
Fluorochemicals	$	345	$	—	$	—	$	345
Fluoropolymers		337		—		—		337
Mining solutions		—		74		—		74
Performance chemicals and intermediates		—		81		—		81
Titanium dioxide and other minerals		—		—		791		791
Total net sales	$	682	$	155	$	791	$	1,628

(1)

Net sales are attributable to countries based on customer location.

(2)

Latin America includes Mexico.

The following table sets forth a disaggregation of the Company’s net sales by geographic region, product group, and segment for the nine months ended September 30, 2018.

	Nine Months Ended September 30, 2018
			Chemical		Titanium
	Fluoroproducts		Solutions		Technologies		Total
Net sales by geographic region (1)
North America	$	888	$	259	$	700	$	1,847
Asia Pacific		505		63		754		1,322
Europe, the Middle East, and Africa		657		14		682		1,353
Latin America (2)		163		117		372		652
Total net sales	$	2,213	$	453	$	2,508	$	5,174

Net sales by product group
Fluorochemicals	$	1,183	$	—	$	—	$	1,183
Fluoropolymers		1,030		—		—		1,030
Mining solutions		—		212		—		212
Performance chemicals and intermediates		—		241		—		241
Titanium dioxide and other minerals		—		—		2,508		2,508
Total net sales	$	2,213	$	453	$	2,508	$	5,174

(1)

Net sales are attributed to countries based on customer location.

(2)

Latin America includes Mexico.

Summary of Contract Balances from Contracts with Customers

The following table sets forth the Company’s contract balances from contracts with customers at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Accounts receivable - trade, net (1)	$	925	$	847
Customer rebates		72		83

(1)

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

9 Months Ended

Sep. 30, 2018

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 category for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Restructuring and other charges:
Employee separation charges	$	2	$	—	$	8	$	5
Decommissioning and other charges		10		8		24		26
Total restructuring, asset-related, and other charges	$	12	$	8	$	32	$	31

Schedule of Restructuring Charges

The following table sets forth the impacts of the Company’s restructuring, asset-related, and other charges to segment earnings for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Plant and product line closures:
Fluoroproducts	$	—	$	—	$	—	$	3
Chemical Solutions		1		5		4		16
Titanium Technologies		—		—		—		4
Corporate and Other		4		—		6		—
Total plant and product line closures		5		5		10		23
2017 Restructuring Program:
Fluoroproducts		2		—		7		—
Chemical Solutions		—		—		1		—
Corporate and Other		5		3		14		8
Total 2017 Restructuring Program		7		3		22		8
Total restructuring, asset-related, and other charges	$	12	$	8	$	32	$	31

The following table sets forth the change in the Company’s employee separation-related liabilities associated with its restructuring programs for the nine months ended September 30, 2018.

	Fluoroproducts Lines Shutdown		Chemical Solutions Site Closures			Titanium Technologies Site Closures		2015 Global Restructuring Program			2017 Restructuring Program			Total
Balance at December 31, 2017	$	—	$	2		$	1	$	1		$	23		$	27
Charges to income		—		—			—		—			8			8
Payments		—		(1	)		—		(1	)		(15	)		(17	)
Balance at September 30, 2018	$	—	$	1		$	1	$	—		$	16		$	18

Other Income, Net (Tables)

9 Months Ended

Sep. 30, 2018

Other Income And Expenses [Abstract]

Components of Other Income

The following table sets forth the components of the Company’s other income, net for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Leasing, contract services, and miscellaneous income (1)	$	24		$	7		$	47		$	24
Royalty income (2)		2			2			9			12
Gain on sales of assets and businesses (3)		—			—			45			14
Exchange (losses) gains, net (4)		(6	)		(4	)		(4	)		3
Non-operating pension and other post-retirement employee benefit income		4			7			18			24
Total other income, net	$	24		$	12		$	115		$	77

(1)

(2)

(3)

(4)

Exchange (losses) gains, net includes gains and losses on the Company’s foreign currency forward contracts that have not been designated as a cash flow hedge.

Earnings Per Share of Common Stock (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Numerator:
Net income attributable to Chemours	$	275	$	207	$	853	$	518
Denominator:
Weighted-average number of common shares outstanding - basic		176,489,881		185,431,036		178,765,676		184,641,599
Dilutive effect of the Company’s employee compensation plans		5,387,244		6,206,778		5,891,072		5,909,015
Weighted-average number of common shares outstanding - diluted		181,877,125		191,637,814		184,656,748		190,550,614

Basic earnings per share of common stock	$	1.56	$	1.12	$	4.77	$	2.81
Diluted earnings per share of common stock		1.51		1.08		4.62		2.72

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Average number of stock options		480,123		954		160,041		57,429

Accounts and Notes Receivable, Net (Tables)

9 Months Ended

Sep. 30, 2018

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

	September 30, 2018		December 31, 2017
Accounts receivable - trade, net (1)	$	925	$	847
VAT, GST, and other taxes (2)		58		54
Other receivables (3)		15		18
Total accounts and notes receivable, net	$	998	$	919

(1)

(2)

Value added tax (VAT) and goods and services tax (GST) for various jurisdictions.

(3)

Other receivables consist of notes receivable, advances, the fair value of derivative assets, and other deposits.

Inventories (Tables)

9 Months Ended

Sep. 30, 2018

Inventory Net [Abstract]

Schedule of Inventories

	September 30, 2018			December 31, 2017
Finished products	$	707		$	648
Semi-finished products		188			164
Raw materials, stores, and supplies		403			313
Inventories before LIFO adjustment		1,298			1,125
Less: Adjustment of inventories to LIFO basis		(212	)		(190	)
Total inventories	$	1,086		$	935

Property, Plant, and Equipment, Net (Tables)

9 Months Ended

Sep. 30, 2018

Property Plant And Equipment [Abstract]

Summary of Property, Plant, and Equipment, Net

The following table sets forth the components of the Company’s property, plant, and equipment, net at September 30, 2018 and December 31, 2017.

	September 30, 2018			December 31, 2017
Equipment	$	7,029		$	6,961
Buildings		898			875
Construction-in-progress		802			520
Land		120			119
Mineral rights		36			36
Property, plant, and equipment		8,885			8,511
Less: Accumulated depreciation		(5,678	)		(5,503	)
Total property, plant, and equipment, net	$	3,207		$	3,008

Other Assets (Tables)

9 Months Ended

Sep. 30, 2018

Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]

Schedule of Other Assets

The following table sets forth the components of the Company’s other assets at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Capitalized repair and maintenance costs	$	122	$	117
Pension assets (1)		287		260
Deferred income taxes		45		40
Miscellaneous (2)		37		36
Total other assets	$	491	$	453

(1)

Pension assets represent the funded status of certain of the Company's long-term employee benefit plans.

(2)

Accounts Payable (Tables)

9 Months Ended

Sep. 30, 2018

Payables And Accruals [Abstract]

Schedule of Accounts Payable

The following table sets forth the components of the Company’s accounts payable at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Trade payables	$	1,095	$	1,008
Dividends payable (1)		—		31
VAT and other payables		28		36
Total accounts payable	$	1,123	$	1,075

(1)

Represents a $0.17 per share dividend declared in December 2017, which was paid on March 15, 2018 to the Company’s shareholders of record as of the close of business on February 15, 2018.

Other Accrued Liabilities (Tables)

9 Months Ended

Sep. 30, 2018

Payables And Accruals [Abstract]

Schedule of Other Accrued Liabilities

The following table sets forth the components of the Company’s other accrued liabilities at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Compensation and other employee-related costs	$	102	$	174
Employee separation costs (1)		18		27
Accrued litigation (2)		46		13
Environmental remediation (2)		81		66
Income taxes		86		58
Customer rebates		72		83
Deferred income		5		8
Accrued interest		60		24
Miscellaneous (3)		91		105
Total other accrued liabilities	$	561	$	558

(1)

Represents the current portion of accrued employee separation costs related to the Company’s restructuring and other activities.

(2)

Represents the current portions of accrued litigation and environmental remediation, which are discussed further in “Note 17 - Commitments and Contingent Liabilities.”

(3)

Debt (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Components of Debt

The following table sets forth the components of the Company’s debt at September 30, 2018 and December 31, 2017.

	September 30, 2018			December 31, 2017
Senior secured term loans:
Tranche B-1 Dollar Term Loan due May 2022	$	—		$	923
Tranche B-1 Euro Term Loan due May 2022 (€395 at December 31, 2017)		—			469
Tranche B-2 Dollar Term Loan due May 2025		896			—
Tranche B-2 Euro Term Loan due May 2025 (€348 at September 30, 2018)		410			—
Senior unsecured notes:
6.625% due May 2023		908			1,158
7.000% due May 2025		750			750
6.125% due May 2023 (€295 at December 31, 2017)		—			350
4.000% due May 2026 (€450 at September 30, 2018)		529			—
5.375% due May 2027		500			500
Capital lease obligations		2			3
Build-to-suit lease obligation		49			8
Total debt		4,044			4,161
Less: Unamortized issue discounts		(10	)		(8	)
Less: Unamortized debt issuance costs		(35	)		(41	)
Less: Current maturities of long-term debt		(14	)		(15	)
Total long-term debt, net	$	3,985		$	4,097

Estimated Fair Values of Senior Debt Issues

	September 30, 2018					December 31, 2017
	Carrying Value			Fair Value		Carrying Value			Fair Value
Senior secured term loans:
Tranche B-1 Dollar Term Loan due May 2022	$	—		$	—	$	923		$	928
Tranche B-1 Euro Term Loan due May 2022 (€395 at December 31, 2017)		—			—		469			471
Tranche B-2 Dollar Term Loan due May 2025		896			897		—			—
Tranche B-2 Euro Term Loan due May 2025 (€348 at September 30, 2018)		410			412		—			—
Senior unsecured notes:
6.625% due May 2023		908			950		1,158			1,228
7.000% due May 2025		750			798		750			816
6.125% due May 2023 (€295 at December 31, 2017)		—			—		350			373
4.000% due May 2026 (€450 at September 30, 2018)		529			532		—			—
5.375% due May 2027		500			483		500			521
Total senior debt		3,993		$	4,072		4,150		$	4,337
Less: Unamortized issue discounts		(10	)				(8	)
Less: Unamortized debt issuance costs		(35	)				(41	)
Total senior debt, net	$	3,948				$	4,101

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Other Liabilities (Tables)

9 Months Ended

Sep. 30, 2018

Other Liabilities Disclosure [Abstract]

Schedule of Other Liabilities

The following table sets forth the components of the Company’s other liabilities at September 30, 2018 and December 31, 2017.

	September 30, 2018		December 31, 2017
Environmental remediation (1)	$	158	$	187
Employee-related costs (2)		131		123
Accrued litigation (1)		51		48
Asset retirement obligations		50		43
Deferred income		8		6
Miscellaneous (3)		65		68
Total other liabilities	$	463	$	475

(1)

The Company’s accrued environmental remediation and accrued litigation liabilities are discussed further in “Note 17 - Commitments and Contingent Liabilities.”

(2)

Employee-related costs primarily represent liabilities associated with the Company’s long-term employee benefit plans.

(3)

Miscellaneous primarily includes an accrued indemnification liability of $50 and $52 at September 30, 2018 and December 31, 2017, respectively.

Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Derivative Assets and Liabilities At Fair Value

The following table sets forth the fair value of the Company’s derivative assets and liabilities at September 30, 2018 and December 31, 2017.

	Balance Sheet Location	September 30, 2018		December 31, 2017
Asset derivatives:
Foreign currency forward contracts not designated as a hedging instrument	Accounts and notes receivable, net	$	1	$	—
Foreign currency forward contracts designated as a cash flow hedge	Accounts and notes receivable, net		2		—
Total asset derivatives		$	3	$	—

Liability derivatives:
Foreign currency forward contracts not designated as a hedging instrument	Other accrued liabilities	$	1	$	—
Total liability derivatives		$	1	$	—

Schedule of Pre-tax Charge the Fair Value of Derivative Assets and Liabilities

The following table sets forth the pre-tax changes in fair value of the Company’s derivative assets and liabilities for the three and nine months ended September 30, 2018 and 2017.

	Gain (Loss) Recognized In
						Accumulated Other
Three Months Ended September 30,	Cost of Goods Sold		Other Income, Net			Comprehensive Loss
2018
Foreign currency forward contracts not designated as a hedging instrument	$	—	$	14		$	—
Foreign currency forward contracts designated as a cash flow hedge		1		—			(2	)
Euro-denominated debt designated as a net investment hedge		—		—			(11	)

2017
Foreign currency forward contracts not designated as a hedging instrument	$	—	$	(1	)	$	—
Euro-denominated debt designated as a net investment hedge		—		—			(26	)

	Gain (Loss) Recognized In
					Accumulated Other
Nine Months Ended September 30,	Cost of Goods Sold		Other Income, Net		Comprehensive Loss
2018
Foreign currency forward contracts not designated as a hedging instrument	$	—	$	8	$	—
Foreign currency forward contracts designated as a cash flow hedge		1		—		5
Euro-denominated debt designated as a net investment hedge		—		—		2

2017
Foreign currency forward contracts not designated as a hedging instrument	$	—	$	6	$	—
Euro-denominated debt designated as a net investment hedge		—		—		(76	)

Long-term Employee Benefits (Tables)

9 Months Ended

Sep. 30, 2018

General Discussion Of Pension And Other Postretirement Benefits [Abstract]

Schedules of Net Periodic Pension Income and Amounts Recognized in Other Comprehensive Income, Excluding Any of Pre-tax Effects of Foreign Exchange Rates

	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Net periodic pension (cost) income:
Service cost	$	(4	)	$	(4	)	$	(11	)	$	(11	)
Interest cost		(4	)		(4	)		(13	)		(11	)
Expected return on plan assets		14			18			43			52
Amortization of prior service gain		—			1			2			1
Amortization of actuarial loss		(4	)		(5	)		(12	)		(15	)
Settlement loss		(2	)		(1	)		(2	)		(1	)
Net periodic pension income		—			5			7			15
Changes in plan assets and benefit obligations recognized in other comprehensive income:
Amortization of prior service gain		—			(1	)		(1	)		(1	)
Amortization of actuarial loss		4			5			11			15
Settlement loss		2			1			2			1
Benefit recognized in other comprehensive income		6			5			12			15
Total net periodic pension income and benefit recognized in comprehensive income	$	6		$	10		$	19		$	30

Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2018

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Schedule of Weighted Average Assumptions of Stock Options

The fair value of the stock options is based upon the Black-Scholes valuation model.

The following table sets forth the weighted average assumptions used to determine the fair value of the Company’s stock option awards granted during the nine months ended September 30, 2018.

	Nine Months Ended September 30, 2018
Risk-free interest rate		2.65	%
Expected term (years)		6.00
Volatility		47.56	%
Dividend yield		1.42	%
Fair value per stock option	$	20.47

Segment Information (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Schedule of Segment Information

The following table sets forth certain summary financial information for the Company’s reportable segments and Corporate and Other for the three and nine months ended September 30, 2018 and 2017.

Three Months Ended September 30,	Fluoroproducts		Chemical Solutions		Titanium Technologies		Corporate and Other			Total
2018
Net sales to external customers	$	682	$	155	$	791	$	—		$	1,628
Adjusted EBITDA		182		24		268		(39	)		435
Depreciation and amortization		28		5		30		8			71

2017
Net sales to external customers	$	637	$	148	$	799	$	—		$	1,584
Adjusted EBITDA		158		18		249		(44	)		381
Depreciation and amortization		28		4		24		6			62

Nine Months Ended September 30,	Fluoroproducts		Chemical Solutions		Titanium Technologies		Corporate and Other			Total
2018
Net sales to external customers	$	2,213	$	453	$	2,508	$	—		$	5,174
Adjusted EBITDA		619		50		856		(126	)		1,399
Depreciation and amortization		87		15		90		21			213

2017
Net sales to external customers	$	1,998	$	437	$	2,173	$	—		$	4,608
Adjusted EBITDA		510		37		601		(120	)		1,028
Depreciation and amortization		81		13		89		21			204

Reconciliation of EBITDA from Segments to Consolidated Net Income Before Income Taxes

The following table sets forth a reconciliation of Adjusted EBITDA to the Company’s consolidated net income before income taxes for the three and nine months ended September 30, 2018 and 2017.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Income before income taxes	$	269		$	250		$	973		$	649
Interest expense, net		47			55			148			160
Depreciation and amortization		71			62			213			204
Non-operating pension and other post-retirement employee benefit income		(4	)		(7	)		(18	)		(24	)
Exchange losses (gains), net		6			4			4			(3	)
Restructuring and other charges		12			8			32			31
Asset-related and other charges		—			1			—			3
Loss on extinguishment of debt		—			—			38			1
Gain on sales of assets and businesses (1)		—			—			(45	)		(14	)
Transaction costs (2)		—			1			9			3
Legal and other charges (3)		34			7			45			18
Adjusted EBITDA	$	435		$	381		$	1,399		$	1,028

(1)

(2)

Includes costs associated with the Company’s debt transactions, as well as accounting, legal, and bankers’ transaction costs incurred in connection with the Company’s strategic initiatives.

(3)

Guarantor Condensed Consolidating Financial Information (Tables)

9 Months Ended

Sep. 30, 2018

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Condensed Consolidating Statements of Comprehensive Income

	Three Months Ended September 30, 2018
	Parent Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Net sales	$	—		$	987		$	1,103		$	(462	)	$	1,628
Cost of goods sold		—			769			834			(452	)		1,151
Gross profit		—			218			269			(10	)		477
Selling, general, and administrative expense		5			122			40			(4	)		163
Research and development expense		—			18			2			—			20
Restructuring, asset-related, and other charges		—			12			—			—			12
Total other operating expenses		5			152			42			(4	)		195
Equity in earnings of affiliates		—			—			10			—			10
Equity in earnings of subsidiaries		308			(1	)		—			(307	)		—
Interest (expense) income, net		(51	)		1			3			—			(47	)
Intercompany interest income (expense), net		13			3			(16	)		—			—
Loss on extinguishment of debt		—			—			—			—			—
Other income (expense), net		2			52			(26	)		(4	)		24
Income before income taxes		267			121			198			(317	)		269
(Benefit from) provision for income taxes		(8	)		(31	)		33			—			(6	)
Net income		275			152			165			(317	)		275
Less: Net income attributable to non-controlling interests		—			—			—			—			—
Net income attributable to Chemours	$	275		$	152		$	165		$	(317	)	$	275
Comprehensive income attributable to Chemours	$	304		$	152		$	202		$	(354	)	$	304

	Nine Months Ended September 30, 2018
	Parent Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Net sales	$	—		$	3,071	$	3,493		$	(1,390	)	$	5,174
Cost of goods sold		—			2,403		2,590			(1,390	)		3,603
Gross profit		—			668		903			—			1,571
Selling, general, and administrative expense		28			339		119			(20	)		466
Research and development expense		—			56		5			—			61
Restructuring, asset-related, and other charges		—			31		1			—			32
Total other operating expenses		28			426		125			(20	)		559
Equity in earnings of affiliates		—			—		32			—			32
Equity in earnings of subsidiaries		983			2		—			(985	)		—
Interest (expense) income, net		(159	)		2		9			—			(148	)
Intercompany interest income (expense), net		35			6		(41	)		—			—
Loss on extinguishment of debt		(38	)		—		—			—			(38	)
Other income (expense), net		22			146		(33	)		(20	)		115
Income before income taxes		815			398		745			(985	)		973
(Benefit from) provision for income taxes		(39	)		31		127			—			119
Net income		854			367		618			(985	)		854
Less: Net income attributable to non-controlling interests		—			—		1			—			1
Net income attributable to Chemours	$	854		$	367	$	617		$	(985	)	$	853
Comprehensive income attributable to Chemours	$	855		$	367	$	618		$	(985	)	$	855

Condensed Consolidating Statements of Comprehensive Income

	Three Months Ended September 30, 2017
	Parent Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Net sales	$	—		$	960	$	1,053		$	(429	)	$	1,584
Cost of goods sold		—			773		755			(409	)		1,119
Gross profit		—			187		298			(20	)		465
Selling, general, and administrative expense		7			105		48			(7	)		153
Research and development expense		—			19		1			—			20
Restructuring, asset-related, and other charges		—			8		—			—			8
Total other operating expenses		7			132		49			(7	)		181
Equity in earnings of affiliates		—			—		9			—			9
Equity in earnings of subsidiaries		233			—		—			(233	)		—
Interest (expense) income, net		(57	)		2		—			—			(55	)
Intercompany interest income (expense), net		16			—		(16	)		—			—
Loss on extinguishment of debt		—			—		—			—			—
Other income (expense), net		6			22		(10	)		(6	)		12
Income before income taxes		191			79		232			(252	)		250
(Benefit from) provision for income taxes		(16	)		18		42			(1	)		43
Net income		207			61		190			(251	)		207
Less: Net income attributable to non-controlling interests		—			—		—			—			—
Net income attributable to Chemours	$	207		$	61	$	190		$	(251	)	$	207
Comprehensive income attributable to Chemours	$	228		$	63	$	225		$	(288	)	$	228

	Nine Months Ended September 30, 2017
	Parent Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Net sales	$	—		$	2,904	$	2,941		$	(1,237	)	$	4,608
Cost of goods sold		—			2,358		2,216			(1,227	)		3,347
Gross profit		—			546		725			(10	)		1,261
Selling, general, and administrative expense		26			339		118			(22	)		461
Research and development expense		—			57		5			—			62
Restructuring, asset-related, and other charges		—			28		3			—			31
Total other operating expenses		26			424		126			(22	)		554
Equity in earnings of affiliates		—			—		26			—			26
Equity in earnings of subsidiaries		594			—		—			(594	)		—
Interest (expense) income, net		(163	)		1		2			—			(160	)
Intercompany interest income (expense), net		48			—		(48	)		—			—
Loss on extinguishment of debt		(1	)		—		—			—			(1	)
Other income (expense), net		19			93		(13	)		(22	)		77
Income before income taxes		471			216		566			(604	)		649
(Benefit from) provision for income taxes		(47	)		40		136			1			130
Net income		518			176		430			(605	)		519
Less: Net income attributable to non-controlling interests		—			—		1			—			1
Net income attributable to Chemours	$	518		$	176	$	429		$	(605	)	$	518
Comprehensive income attributable to Chemours	$	675		$	178	$	640		$	(818	)	$	675

Condensed Consolidating Balance Sheets

	September 30, 2018
	Parent Issuer		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—	$	457		$	818		$	—		$	1,275
Accounts and notes receivable, net		—		324			674			—			998
Intercompany receivable		18		848			87			(953	)		—
Inventories		—		440			734			(88	)		1,086
Prepaid expenses and other		—		64			25			—			89
Total current assets		18		2,133			2,338			(1,041	)		3,448
Property, plant, and equipment		—		6,730			2,155			—			8,885
Less: Accumulated depreciation		—		(4,557	)		(1,121	)		—			(5,678	)
Property, plant and equipment, net		—		2,173			1,034			—			3,207
Goodwill and other intangible assets, net		—		150			37			—			187
Investments in affiliates		—		—			179			—			179
Investment in subsidiaries		4,446		42			—			(4,488	)		—
Intercompany notes receivable		1,150		—			—			(1,150	)		—
Other assets		23		122			359			(13	)		491
Total assets	$	5,637	$	4,620		$	3,947		$	(6,692	)	$	7,512
Liabilities
Current liabilities:
Accounts payable	$	—	$	634		$	489		$	—		$	1,123
Current maturities of long-term debt		14		—			—			—			14
Intercompany payable		466		87			400			(953	)		—
Other accrued liabilities		70		298			193			—			561
Total current liabilities		550		1,019			1,082			(953	)		1,698
Long-term debt, net		3,934		51			—			—			3,985
Intercompany notes payable		—		—			1,150			(1,150	)		—
Deferred income taxes		13		120			114			(27	)		220
Other liabilities		—		378			85			—			463
Total liabilities		4,497		1,568			2,431			(2,130	)		6,366
Commitments and contingent liabilities
Equity
Total Chemours stockholders’ equity		1,140		3,052			1,510			(4,562	)		1,140
Non-controlling interests		—		—			6			—			6
Total equity		1,140		3,052			1,516			(4,562	)		1,146
Total liabilities and equity	$	5,637	$	4,620		$	3,947		$	(6,692	)	$	7,512

Condensed Consolidating Balance Sheets

	December 31, 2017
	Parent Issuer		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—	$	761		$	795		$	—		$	1,556
Accounts and notes receivable, net		—		308			611			—			919
Intercompany receivable		3		904			581			(1,488	)		—
Inventories		—		394			631			(90	)		935
Prepaid expenses and other		—		57			15			11			83
Total current assets		3		2,424			2,633			(1,567	)		3,493
Property, plant, and equipment		—		6,449			2,062			—			8,511
Less: Accumulated depreciation		—		(4,438	)		(1,065	)		—			(5,503	)
Property, plant and equipment, net		—		2,011			997			—			3,008
Goodwill and other intangible assets, net		—		152			14			—			166
Investments in affiliates		—		—			173			—			173
Investment in subsidiaries		4,393		—			—			(4,393	)		—
Intercompany notes receivable		1,150		—			—			(1,150	)		—
Other assets		23		115			328			(13	)		453
Total assets	$	5,569	$	4,702		$	4,145		$	(7,123	)	$	7,293
Liabilities
Current liabilities:
Accounts payable	$	31	$	606		$	438		$	—		$	1,075
Current maturities of long-term debt		15		—			—			—			15
Intercompany payable		542		581			365			(1,488	)		—
Other accrued liabilities		34		343			181			—			558
Total current liabilities		622		1,530			984			(1,488	)		1,648
Long-term debt, net		4,087		10			—			—			4,097
Intercompany notes payable		—		—			1,150			(1,150	)		—
Deferred income taxes		—		127			105			(24	)		208
Other liabilities		—		388			87			—			475
Total liabilities		4,709		2,055			2,326			(2,662	)		6,428
Commitments and contingent liabilities
Equity
Total Chemours stockholders’ equity		860		2,647			1,814			(4,461	)		860
Non-controlling interests		—		—			5			—			5
Total equity		860		2,647			1,819			(4,461	)		865
Total liabilities and equity	$	5,569	$	4,702		$	4,145		$	(7,123	)	$	7,293

Condensed Consolidating Statements of Cash Flows

	Nine Months Ended September 30, 2018
	Parent Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Cash flows from operating activities
Cash provided by (used for) operating activities	$	2		$	(138	)	$	1,017		$	—		$	881
Cash flows from investing activities
Purchases of property, plant, and equipment		—			(259	)		(85	)		—			(344	)
Acquisition of business, net		—			(37	)		—			—			(37	)
Proceeds from sales of assets and businesses, net		—			46			—			—			46
Intercompany investing activities		—			76			(897	)		821			—
Foreign exchange contract settlements, net		—			8			—			—			8
Cash used for investing activities		—			(166	)		(982	)		821			(327	)
Cash flows from financing activities
Proceeds from issuance of debt, net		520			—			—			—			520
Debt repayments		(675	)		—			—			—			(675	)
Payments related to extinguishment of debt		(29	)		—			—			—			(29	)
Payments of debt issuance costs		(12	)		—			—			—			(12	)
Purchases of treasury stock, at cost		(520	)		—			—			—			(520	)
Intercompany financing activities		821			—			—			(821	)		—
Proceeds from exercised stock options, net		15			—			—			—			15
Payments related to tax withholdings on vested restricted stock units		(16	)		—			—			—			(16	)
Payments of dividends		(106	)		—			—			—			(106	)
Cash used for financing activities		(2	)		—			—			(821	)		(823	)
Effect of exchange rate changes on cash and cash equivalents		—			—			(12	)		—			(12	)
(Decrease) increase in cash and cash equivalents		—			(304	)		23			—			(281	)
Cash and cash equivalents at beginning of the period		—			761			795			—			1,556
Cash and cash equivalents at end of the period	$	—		$	457		$	818		$	—		$	1,275

Condensed Consolidating Statements of Cash Flows

	Nine Months Ended September 30, 2017
	Parent Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations and Adjustments			Consolidated
Cash flows from operating activities
Cash (used for) provided by operating activities	$	(59	)	$	32		$	364		$	—		$	337
Cash flows from investing activities
Purchases of property, plant, and equipment		—			(204	)		(42	)		—			(246	)
Proceeds from sales of assets and businesses, net		—			39			—			—			39
Intercompany investing activities		—			408			—			(408	)		—
Foreign exchange contract settlements, net		—			5			—			—			5
Cash provided by (used for) investing activities		—			248			(42	)		(408	)		(202	)
Cash flows from financing activities
Intercompany short-term borrowing repayments, net		(408	)		—			—			408			—
Proceeds from issuance of debt, net		494			—			—			—			494
Debt repayments		(24	)		—			—			—			(24	)
Payments related to extinguishment of debt		(1	)		—			—			—			(1	)
Payments of debt issuance costs		(6	)		—			—			—			(6	)
Proceeds from exercised stock options, net		30			—			—			—			30
Payments related to tax withholdings on vested restricted stock units		(10	)		—			—			—			(10	)
Payments of dividends		(16	)		—			—			—			(16	)
Cash provided by financing activities		59			—			—			408			467
Effect of exchange rate changes on cash and cash equivalents		—			—			31			—			31
Increase in cash and cash equivalents		—			280			353			—			633
Cash and cash equivalents at beginning of the period		—			224			678			—			902
Cash and cash equivalents at end of the period	$	—		$	504		$	1,031		$	—		$	1,535

Background, Description of the Business and Basis of Presentation - Narrative (Details)	9 Months Ended
	Sep. 30, 2018 segment
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Number of reportable segments	3

Recent Accounting Pronouncements - Narrative (Details) - ASU 2014-09 [Member] - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Net Sales [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Changes in classification of amounts on adoption of new guidance	$ 1	$ 4
Cost of Goods Sold [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Changes in classification of amounts on adoption of new guidance	$ 1	$ 2

Recent Accounting Pronouncements - Impacts of Adoption of New Accounting Guidance on Consolidated Statements of Operations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net sales	$ 1,628	$ 1,584	$ 5,174	$ 4,608
Cost of goods sold	1,151	1,119	3,603	3,347
Gross profit	477	465	1,571	1,261
Selling, general, and administrative expense	163	153	466	461
Research and development expense	20	20	61	62
Restructuring, asset-related, and other charges	12	8	32	31
Total other operating expenses	195	181	559	554
Equity in earnings of affiliates	10	9	32	26
Interest expense, net	(47)	(55)	(148)	(160)
Loss on extinguishment of debt	0	0	(38)	(1)
Other income, net	24	12	115	77
Income before income taxes	269	250	973	649
(Benefit from) provision for income taxes	(6)	43	119	130
Net income	275	207	854	519
Less: Net income attributable to non-controlling interests	0	0	1	1
Net income attributable to Chemours	275	$ 207	853	$ 518
ASU 2014-09 [Member] \| Without Topic 606 [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net sales	1,627		5,170
Cost of goods sold	1,151		3,601
Gross profit	476		1,569
Selling, general, and administrative expense	163		468
Research and development expense	20		61
Restructuring, asset-related, and other charges	12		32
Total other operating expenses	195		561
Equity in earnings of affiliates	10		32
Interest expense, net	(47)		(148)
Loss on extinguishment of debt			(38)
Other income, net	25		119
Income before income taxes	269		973
(Benefit from) provision for income taxes	(6)		119
Net income	275		854
Less: Net income attributable to non-controlling interests			1
Net income attributable to Chemours	275		853
ASU 2014-09 [Member] \| Topic 606 Adjustments [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net sales	1		4
Cost of goods sold			2
Gross profit	1		2
Selling, general, and administrative expense			(2)
Total other operating expenses			(2)
Other income, net	$ (1)		$ (4)

Recent Accounting Pronouncements - Reclassification of Non-operating Pension and Other Post-retirement Employee Benefit Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net sales	$ 1,628	$ 1,584	$ 5,174	$ 4,608
Cost of goods sold	1,151	1,119	3,603	3,347
Gross profit	477	465	1,571	1,261
Selling, general, and administrative expense	163	153	466	461
Research and development expense	20	20	61	62
Restructuring, asset-related, and other charges	12	8	32	31
Total other operating expenses	195	181	559	554
Equity in earnings of affiliates	10	9	32	26
Interest expense, net	(47)	(55)	(148)	(160)
Loss on extinguishment of debt	0	0	(38)	(1)
Other income, net	24	12	115	77
Income before income taxes	269	250	973	649
(Benefit from) provision for income taxes	(6)	43	119	130
Net income	275	207	854	519
Less: Net income attributable to non-controlling interests	0	0	1	1
Net income attributable to Chemours	$ 275	207	$ 853	518
As Reported [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net sales		1,584		4,608
Cost of goods sold		1,117		3,341
Gross profit		467		1,267
Selling, general, and administrative expense		148		444
Research and development expense		20		61
Restructuring, asset-related, and other charges		8		31
Total other operating expenses		176		536
Equity in earnings of affiliates		9		26
Interest expense, net		(55)		(160)
Loss on extinguishment of debt				(1)
Other income, net		5		53
Income before income taxes		250		649
(Benefit from) provision for income taxes		43		130
Net income		207		519
Less: Net income attributable to non-controlling interests				1
Net income attributable to Chemours		207		518
ASU 2017-07 [Member] \| Adjustments [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Cost of goods sold		2		6
Gross profit		(2)		(6)
Selling, general, and administrative expense		5		17
Research and development expense				1
Total other operating expenses		5		18
Other income, net		$ 7		$ 24

Significant Transactions and Events - Narrative (Details)	1 Months Ended			3 Months Ended		9 Months Ended
	Apr. 30, 2018 USD ($)	Mar. 31, 2018 USD ($)	Mar. 31, 2016 a	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)
Significant Transactions And Events [Line Items]
Recognized gain on sale of land		$ 42,000,000		$ 0	$ 0	$ 45,000,000	$ 14,000,000
Net cash proceeds of transaction		39,000,000				46,000,000	39,000,000
Environmental remediation activities amount		$ 3,000,000		8,000,000	$ 18,000,000	32,000,000	$ 36,000,000
ICOR International, Inc. [Member]
Significant Transactions And Events [Line Items]
Total consideration in all cash acquisition	$ 37,000,000
ICOR International, Inc. [Member] \| Maximum [Member]
Significant Transactions And Events [Line Items]
Acquisition related expense				$ 1,000,000		$ 1,000,000
Linden, New Jersey [Member]
Significant Transactions And Events [Line Items]
Number of acre of land for sale \| a			210

Significant Transactions and Events - Schedule of Estimated Fair Value of Assets Acquired and Liabilities Assumed in Acquisition (Details) - ICOR International, Inc. [Member] - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Apr. 03, 2018
Fair Value, Assets acquired:
Fair Value, Accounts receivable - trade	$ 4	$ 4
Fair Value, Inventories	8	8
Fair Value,Property, plant, and equipment	1	1
Fair Value, Identifiable intangible asset:
Fair Value, Customer relationships	22	20
Fair Value, Total assets acquired	35	33
Fair Value, Liabilities assumed:
Fair Value, Accounts payable	1	1
Fair Value, Other accrued liabilities	1	1
Fair Value, Total liabilities assumed	2	2
Fair Value, Total identifiable net assets acquired	33	31
Fair Value, Goodwill	4	6
Fair Value, Net assets acquired	$ 37	$ 37
Weighted-average Useful Life (Years), Customer relationships	5 years
Adjustments [Member]
Fair Value, Identifiable intangible asset:
Fair Value, Customer relationships	$ 2
Fair Value, Total assets acquired	2
Fair Value, Liabilities assumed:
Fair Value, Total identifiable net assets acquired	2
Fair Value, Goodwill	$ (2)

Net Sales - Narrative (Details) - Topic 606 [Member] - USD ($)	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Disaggregation Of Revenue [Line Items]
Payment terms for invoices	less than 90 days
Contract asset balances	$ 0	$ 0
Capitalized costs	0	$ 0
Remaining performance obligations	$ 90,000,000
Percentage of remaining performance obligations as revenue in 2018	10.00%
Percentage of remaining performance obligations as revenue in 2019	30.00%
Maximum [Member]
Disaggregation Of Revenue [Line Items]
Remaining performance obligations original expected period	1 year

Net Sales - Summary of Contract Balances from Contracts with Customers (Details) - Topic 606 [Member] - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Disaggregation Of Revenue [Line Items]
Accounts receivable - trade, net	$ 925	$ 847
Customer rebates	$ 72	$ 83

Net Sales - Summary of Contract Balances from Contracts with Customers (Parenthetical) (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Disaggregation Of Revenue [Line Items]
Trade notes receivable	$ 15	$ 18
Allowance for doubtful accounts	5	5
Topic 606 [Member]
Disaggregation Of Revenue [Line Items]
Trade notes receivable	2	1
Allowance for doubtful accounts	$ 5	$ 5

Restructuring, Asset-Related, and Other Charges - Schedule of Restructuring Program (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Restructuring And Related Activities [Abstract]
Employee separation charges	$ 2	$ 0	$ 8	$ 5
Decommissioning and other charges	10	8	24	26
Total restructuring, asset-related, and other charges	$ 12	$ 8	$ 32	$ 31

Restructuring, Asset-Related, and Other Charges - Schedule of Restructuring Charges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	$ 12	$ 8	$ 32	$ 31
2017 Restructuring Program [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	7	3	22	8
Plant and Product Line Closures [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	5	5	10	23
Operating Segments [Member] \| Fluoroproducts [Member] \| Plant and Product Line Closures [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	0	0	0	3
Operating Segments [Member] \| Chemical Solutions [Member] \| 2017 Restructuring Program [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	0	0	1	0
Operating Segments [Member] \| Chemical Solutions [Member] \| Plant and Product Line Closures [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	1	5	4	16
Operating Segments [Member] \| Titanium Technologies [Member] \| Plant and Product Line Closures [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	0	0	0	4
Operating Segments [Member] \| Fluroproducts \| 2017 Restructuring Program [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	2	0	7	0
Corporate and Other [Member] \| 2017 Restructuring Program [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	5	3	14	8
Corporate and Other [Member] \| Plant and Product Line Closures [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges	$ 4	$ 0	$ 6	$ 0

Restructuring, Asset-Related, and Other Charges - Narrative (Details)		1 Months Ended	3 Months Ended					9 Months Ended		12 Months Ended
	Dec. 31, 2017 USD ($)	Aug. 31, 2015 production_line	Sep. 30, 2018 USD ($)	Dec. 31, 2017 USD ($)	Sep. 30, 2017 USD ($)	Mar. 31, 2017 USD ($)	Dec. 31, 2015 position	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 Employee
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges			$ 12,000,000		$ 8,000,000			$ 32,000,000	$ 31,000,000
2017 Restructuring Program [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges			7,000,000		3,000,000			22,000,000	8,000,000
Aggregate restructuring costs								54,000,000
Minimum [Member] \| 2017 Restructuring Program [Member] \| Restructuring-Related Charges Expected to be Incurred Though December 31, 2018 [Member]
Restructuring Cost and Reserve [Line Items]
Employee separation and asset related charges										$ 5,000,000
Maximum [Member] \| 2017 Restructuring Program [Member] \| Restructuring-Related Charges Expected to be Incurred Though December 31, 2018 [Member]
Restructuring Cost and Reserve [Line Items]
Employee separation and asset related charges										$ 10,000,000
New Johnsonville, Tennessee [Member]
Restructuring Cost and Reserve [Line Items]
Number of production lines shut down during period \| production_line		1
Additional Restructuring Charges [Member] \| 2017 Restructuring Program [Member]
Restructuring Cost and Reserve [Line Items]
Employee separation and asset related charges			7,000,000		3,000,000			22,000,000	8,000,000
Voluntary Separation Program [Member] \| 2017 Restructuring Program [Member]
Restructuring Cost and Reserve [Line Items]
Expected number of positions to be eliminated \| Employee											300
Amounts recognized in consolidated financial statements				$ 18,000,000
Operating Segments [Member] \| Niagara Falls, NY [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs, excluding non-cash asset-related charges								35,000,000
Expected number of positions to be eliminated \| position							200
Operating Segments [Member] \| Fluoroproducts [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs, excluding non-cash asset-related charges	$ 17,000,000
Operating Segments [Member] \| Titanium Technologies [Member]
Restructuring Cost and Reserve [Line Items]
Proceeds from sale of land						$ 10,000,000
Operating Segments [Member] \| Titanium Technologies [Member] \| Edge Moor, Delaware Site [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs, excluding non-cash asset-related charges									60,000,000
Operating Segments [Member] \| Decommissioning Costs [Member] \| Niagara Falls, NY [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges			1,000,000		$ 5,000,000			4,000,000	16,000,000
Operating Segments [Member] \| Decommissioning Costs [Member] \| Deepwater, New Jersey [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges			4,000,000					6,000,000
Operating Segments [Member] \| Decommissioning Costs [Member] \| Fluoroproducts [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges									3,000,000
Operating Segments [Member] \| Decommissioning Costs [Member] \| Titanium Technologies [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring, asset-related and other charges									$ 4,000,000
Operating Segments [Member] \| Additional Restructuring Charges [Member] \| Niagara Falls, NY [Member]
Restructuring Cost and Reserve [Line Items]
Additional restructuring charges expected to be incurred			10,000,000					10,000,000
Operating Segments [Member] \| Additional Restructuring Charges [Member] \| Deepwater, New Jersey [Member] \| Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Additional restructuring charges expected to be incurred			25,000,000					25,000,000
Operating Segments [Member] \| Additional Restructuring Charges [Member] \| Deepwater, New Jersey [Member] \| Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Additional restructuring charges expected to be incurred			$ 30,000,000					$ 30,000,000

Restructuring, Asset-Related, and Other Charges - Restructuring Program Schedule (Details) $ in Millions	9 Months Ended
	Sep. 30, 2018 USD ($)
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning	$ 27
Charges to income	8
Payments	(17)
Restructuring reserve, ending	18
Fluoroproducts Lines Shutdown [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning	0
Charges to income	0
Payments	0
Restructuring reserve, ending	0
Chemical Solutions Site Closures [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning	2
Charges to income	0
Payments	(1)
Restructuring reserve, ending	1
Titanium Technologies Site Closure [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning	1
Charges to income	0
Payments	0
Restructuring reserve, ending	1
2015 Global Restructuring Program [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning	1
Charges to income	0
Payments	(1)
Restructuring reserve, ending	0
2017 Restructuring Program [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning	23
Charges to income	8
Payments	(15)
Restructuring reserve, ending	$ 16

Other Income, Net - Components of Other Income (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Component of Other Income [Line Items]
Leasing, contract services and miscellaneous income		$ 24	$ 7	$ 47	$ 24
Royalty income		1,628	1,584	5,174	4,608
Gain on sales of assets and businesses	$ 42	0	0	45	14
Exchange (losses) gains, net		(6)	(4)	(4)	3
Non-operating pension and other post-retirement employee benefit income		4	7	18	24
Total other income, net		24	12	115	77
Royalty Income [Member]
Component of Other Income [Line Items]
Royalty income		$ 2	$ 2	$ 9	$ 12

Other Income, Net - Components of Other Income (Parenthetical) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Component of Other Income [Line Items]
Leasing, contract services and miscellaneous income	$ 24	$ 7	$ 47	$ 24
Sulfur Business [Member]
Component of Other Income [Line Items]
Gain (loss) on sale of asset				(2)
European Union [Member]
Component of Other Income [Line Items]
Leasing, contract services and miscellaneous income	$ 18	$ 6	38	14
East Chicago, Indiana [Member]
Component of Other Income [Line Items]
Gain (loss) on sale of asset			3
Linden, New Jersey Sites [Member]
Component of Other Income [Line Items]
Gain (loss) on sale of asset			$ 42
Edge Moor, Delaware Site [Member]
Component of Other Income [Line Items]
Gain (loss) on sale of asset				12
Repauno New Jersey [Member] \| Land [Member]
Component of Other Income [Line Items]
Gain (loss) on sale of asset				$ 4

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
Income Taxes - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Income Tax Disclosure [Abstract]
(Benefit from) provision for income taxes	$ (6)	$ 43	$ 119	$ 130
Effective income tax rate	(2.00%)	17.00%	12.00%	20.00%
Change in benefits from income taxes related to reversal of valuation allowance on carryforward tax credit due to change in normal business operations	$ 17		$ 17
Income tax benefits related to filing of 2017 U.S. tax return and associated adjustments on revaluation of certain deferred tax assets and liabilities as a result of reduced corporate tax rate	14		14
Income tax benefits related to windfalls on share-based payments	4		14
Income tax benefit related to loss on debt extinguishment			10
Income tax expenses related to asset sales			10
Income tax expenses related to impact of tax reform provisions			$ 23
Income tax benefit as impact of Tax Act					$ 3
Maximum measurement period for estimation of Tax Act			1 year
Income tax benefit to adjust its initial provisional estimates for U.S. tax reform in its income tax provisions	$ 10		$ 10
Effective tax rate impact for U.S. tax reform	4.00%		1.00%

Earnings Per Share of Common Stock - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Numerator:
Net income attributable to Chemours	$ 275	$ 207	$ 853	$ 518
Denominator:
Weighted-average number of common shares outstanding - basic	176,489,881	185,431,036	178,765,676	184,641,599
Dilutive effect of the Company’s employee compensation plans	5,387,244	6,206,778	5,891,072	5,909,015
Weighted-average number of common shares outstanding - diluted	181,877,125	191,637,814	184,656,748	190,550,614
Basic earnings per share of common stock	$ 1.56	$ 1.12	$ 4.77	$ 2.81
Diluted earnings per share of common stock	$ 1.51	$ 1.08	$ 4.62	$ 2.72

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1337-109256

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=109256448&loc=d3e4984-109258

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1252-109256

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109260490&loc=SL5780133-109256

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=109256448&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1252-109256

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1337-109256

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109260490&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Earnings Per Share of Common Stock - Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings Per Share [Abstract]
Average number of stock options	480,123	954	160,041	57,429

Accounts and Notes Receivable, Net - Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Receivables [Abstract]
Accounts receivable - trade, net	$ 925	$ 847
VAT, GST and other taxes	58	54
Other receivables	15	18
Total accounts and notes receivable, net	$ 998	$ 919

Accounts and Notes Receivable, Net - Schedule of Accounts, Notes, Loans and Financing Receivable (Parenthetical) (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Accounts Notes And Loans Receivable [Line Items]
Accounts receivable - trade, net	$ 925	$ 847
Allowance for doubtful accounts receivable	5	5
Trade Notes Receivable [Member]
Accounts Notes And Loans Receivable [Line Items]
Accounts receivable - trade, net	$ 2	$ 1

Inventories - Schedule of Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Inventory Net [Abstract]
Finished products	$ 707	$ 648
Semi-finished products	188	164
Raw materials, stores, and supplies	403	313
Inventories before LIFO adjustment	1,298	1,125
Less: Adjustment of inventories to LIFO basis	(212)	(190)
Total inventories	$ 1,086	$ 935

Inventories - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Inventory Net [Abstract]
LIFO inventory amount	$ 564	$ 509
Percentage of LIFO inventory	44.00%	45.00%

Property, Plant, and Equipment, Net - Summary of Property, Plant, and Equipment, Net (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 8,885	$ 8,511
Less: Accumulated depreciation	(5,678)	(5,503)
Property, plant, and equipment, net	3,207	3,008
Equipment [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	7,029	6,961
Building [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	898	875
Construction-in-progress [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	802	520
Land [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	120	119
Mineral rights [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 36	$ 36

Property, Plant, and Equipment, Net - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Property Plant And Equipment [Abstract]
Depreciation expense	$ 68	$ 61	$ 207	$ 201
Capital leased assets	7		7		$ 7
Build to suit lease assets	$ 49		$ 49		$ 8

Other Assets Schedule of Other Assets - (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Capitalized repair and maintenance costs	$ 122	$ 117
Pension assets	287	260
Deferred income taxes	45	40
Miscellaneous	37	36
Total other assets	$ 491	$ 453

Other Assets Schedule of Other Assets (Parenthetical) - (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Other Assets [Line Items]
Life insurance policies cash surrender value	$ 64	$ 64
Outstanding loans from policy issuer	64	63
Senior Secured Revolving Credit Facility [Member]
Other Assets [Line Items]
Deferred issuance costs	$ 10	$ 9

Accounts Payable - Schedule of Accounts Payable (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Payables And Accruals [Abstract]
Trade payables	$ 1,095	$ 1,008
Dividends payable		31
VAT and other payables	28	36
Total accounts payable	$ 1,123	$ 1,075

Accounts Payable - Schedule of Accounts Payable (Parenthetical) (Details)	9 Months Ended
	Sep. 30, 2018 $ / shares
Payables And Accruals [Abstract]
Dividend per share	$ 0.17
Dividends payable declared date	2017-12
Dividends payable payment date	Mar. 15, 2018
Dividends payable record date	Feb. 15, 2018

Other Accrued Liabilities - Schedule of Other Accrued Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Accrued Liabilities, Current [Abstract]
Compensation and other employee-related costs	$ 102	$ 174
Employee separation costs	18	27
Accrued litigation	46	13
Environmental remediation	81	66
Income taxes	86	58
Customer rebates	72	83
Deferred income	5	8
Accrued interest	60	24
Miscellaneous	91	105
Total other accrued liabilities	$ 561	$ 558

Debt - Components of Debt (Details) € in Millions, $ in Millions	Sep. 30, 2018 USD ($)	Sep. 30, 2018 EUR (€)	Dec. 31, 2017 USD ($)	Dec. 31, 2017 EUR (€)
Debt Instrument [Line Items]
Capital lease obligations	$ 2		$ 3
Build-to-suit lease obligation	49		8
Total debt	4,044		4,161
Less: Unamortized issue discounts	(10)		(8)
Less: Unamortized debt issuance costs	(35)		(41)
Less: Current maturities of long-term debt	(14)		(15)
Total long-term debt, net	3,985		4,097
Senior unsecured notes [Member] \| 6.625% Senior Notes Due May 2023 [Member]
Debt Instrument [Line Items]
Long-term debt	908		1,158
Senior unsecured notes [Member] \| 7.000% Senior Notes Due May 2025 [Member]
Debt Instrument [Line Items]
Long-term debt	750		750
Senior unsecured notes [Member] \| Senior Notes 6.125% Due May 2023 [Member]
Debt Instrument [Line Items]
Long-term debt			350	€ 295
Senior unsecured notes [Member] \| 4.000% Senior Notes Due May 2026 [Member]
Debt Instrument [Line Items]
Long-term debt	529	€ 450
Senior unsecured notes [Member] \| 5.375% Senior Notes Due May 2027 [Member]
Debt Instrument [Line Items]
Long-term debt	500		500
Senior unsecured notes [Member] \| Senior Secured Tranche B-1 Dollar Term Loan Due May 2022 [Member]
Debt Instrument [Line Items]
Long-term debt			923
Senior unsecured notes [Member] \| Senior Secured Tranche B-1 Euro Term Loan Due May 2022 [Member]
Debt Instrument [Line Items]
Long-term debt			$ 469	€ 395
Senior unsecured notes [Member] \| Senior Secured Tranche B-2 Dollar Term Loan Due May 2025 [Member]
Debt Instrument [Line Items]
Long-term debt	896
Senior unsecured notes [Member] \| Senior Secured Tranche B-2 Euro Term Loan Due May 2025 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 410	€ 348

Debt - Components of Debt (Parenthetical) (Details) - Senior unsecured notes [Member] € in Millions, $ in Millions	Sep. 30, 2018 USD ($)	Sep. 30, 2018 EUR (€)	May 21, 2018	Dec. 31, 2017 USD ($)	Dec. 31, 2017 EUR (€)
Senior Secured Tranche B-1 Euro Term Loan Due May 2022 [Member]
Debt Instrument [Line Items]
Long-term debt				$ 469	€ 395
Senior Secured Tranche B-2 Euro Term Loan Due May 2025 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 410	€ 348
6.625% Senior Notes Due May 2023 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 908			$ 1,158
Debt instrument interest rate	6.625%	6.625%	6.625%	6.625%	6.625%
7.000% Senior Notes Due May 2025 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 750			$ 750
Debt instrument interest rate	7.00%	7.00%		7.00%	7.00%
Senior Notes 6.125% Due May 2023 [Member]
Debt Instrument [Line Items]
Long-term debt				$ 350	€ 295
Debt instrument interest rate	6.125%	6.125%	6.125%	6.125%	6.125%
5.375% Senior Notes Due May 2027 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 500			$ 500
Debt instrument interest rate	5.375%	5.375%		5.375%	5.375%
4.000% Senior Notes Due May 2026 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 529	€ 450
Debt instrument interest rate	4.00%	4.00%		4.00%	4.00%

Debt - Senior Secured Credit Facilities (Narrative) (Details)				3 Months Ended		9 Months Ended		12 Months Ended	51 Months Ended
	Apr. 03, 2018 USD ($)	Apr. 03, 2018 EUR (€)	Apr. 03, 2017 USD ($)	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)	Dec. 31, 2018	Apr. 03, 2023	Apr. 03, 2018 EUR (€)	Dec. 31, 2017 USD ($)	Apr. 03, 2017 EUR (€)
Line of Credit Facility [Line Items]
Loss on extinguishment of debt				$ 0	$ 0	$ (38,000,000)	$ (1,000,000)
Senior Secured Term Loan Facility [Member]
Line of Credit Facility [Line Items]
Debt instrument term	7 years	7 years	7 years
Senior Secured Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt instrument term	5 years	5 years	5 years
Line of credit facility, maximum borrowing capacity	$ 800,000,000		$ 750,000,000
Line of credit facility, maturity date	Apr. 03, 2023	Apr. 03, 2023
Maximum net leverage ratio	0.25%	0.25%
Commitment fee percentage						0.10%
Loss on extinguishment of debt						$ 3,000,000
Senior Secured Revolving Credit Facility [Member] \| Domestic Subsidiary [Member]
Line of Credit Facility [Line Items]
Collateral as percentage of common stock	100.00%	100.00%
Senior Secured Revolving Credit Facility [Member] \| Foreign Subsidiary [Member]
Line of Credit Facility [Line Items]
Collateral as percentage of common stock	65.00%	65.00%
Senior Secured Revolving Credit Facility [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Variable rate	0.25%	0.25%
Senior Secured Revolving Credit Facility [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Variable rate	0.10%	0.10%
Senior Secured Revolving Credit Facility [Member] \| London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Variable rate	1.25%	1.25%
Senior Secured Revolving Credit Facility [Member] \| Base Rate [Member]
Line of Credit Facility [Line Items]
Variable rate	1.00%	1.00%
Senior Secured Revolving Credit Facility [Member] \| Euro Interbank Offered Rate [Member]
Line of Credit Facility [Line Items]
Variable rate	2.00%	2.00%
Dollar Term Loan [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 900,000,000		$ 940,000,000
Proceeds from new term loans	$ 921,000,000
Line of credit facility, maturity date	Apr. 03, 2025	Apr. 03, 2025
Effective interest rates on senior secured term loan				4.00%		4.00%
Dollar Term Loan [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Variable rate	1.75%	1.75%
Dollar Term Loan [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Variable rate	0.00%	0.00%
Dollar Term Loan [Member] \| Base Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Variable rate	0.75%	0.75%
Dollar Term Loan [Member] \| Base Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Variable rate	1.00%	1.00%
Euro Term Loan [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity \| €										€ 350,000,000		€ 400,000,000
Proceeds from new term loans \| €		€ 393,000,000
Line of credit facility, maturity date	Apr. 03, 2025	Apr. 03, 2025
Effective interest rates on senior secured term loan				2.50%		2.50%
Euro Term Loan [Member] \| Euro Interbank Offered Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Variable rate	2.00%	2.00%
Euro Term Loan [Member] \| Euro Interbank Offered Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Variable rate	0.50%	0.50%
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Long-term debt				$ 0		$ 0					$ 0
Letters of credit outstanding				$ 104,000,000		$ 104,000,000					$ 101,000,000
Revolving Credit Facility [Member] \| Scenario Forecast [Member]
Line of Credit Facility [Line Items]
Maximum net leverage ratio								2.25%	2.00%

Debt - Senior Unsecured Notes (Narrative) (Details) $ / shares in Units, € in Millions, $ in Millions			3 Months Ended		9 Months Ended
	Jun. 06, 2018 EUR (€)	May 21, 2018 USD ($) Tender $ / shares	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)	Jun. 08, 2018 EUR (€)	Jun. 06, 2018 USD ($)	Jun. 06, 2018 EUR (€)	Dec. 31, 2017
Debt Instrument [Line Items]
Loss on extinguishment of debt			$ 0	$ 0	$ (38)	$ (1)
Senior unsecured notes [Member] \| Dollar Tender Offer [Member]
Debt Instrument [Line Items]
Tender offer aggregate purchase price								$ 264
Tender offer early participation premium								13
Tender offer accrued interest								$ 1
Senior unsecured notes [Member] \| Euro Tender Offer [member]
Debt Instrument [Line Items]
Tender offer aggregate purchase price \| €							€ 310
Tender offer early participation premium \| €							14
Tender offer accrued interest \| €							€ 1
Senior unsecured notes [Member] \| 2026 Euro Notes [Member]
Debt Instrument [Line Items]
Net proceeds from offering \| €	€ 445
Senior unsecured notes [Member] \| Redemption of 2023 Euro Notes and Issuance of 2026 Euro Notes [Member]
Debt Instrument [Line Items]
Loss on extinguishment of debt					$ 35
Senior unsecured notes [Member] \| 6.625% Senior Notes Due May 2023 [Member]
Debt Instrument [Line Items]
Number of tender offers \| Tender		2
Debt instrument outstanding amount		$ 250
Debt instrument interest rate		6.625%	6.625%		6.625%					6.625%
Debt instrument maturity date		May 31, 2023
Senior unsecured notes [Member] \| 6.625% Senior Notes Due May 2023 [Member] \| Dollar Tender Offer [Member] \| Tender Offer Purchase Price One [Member]
Debt Instrument [Line Items]
Tender offer purchase price per share \| $ / shares		$ 1,052.50
Tender offer principal amount price per share		1,000.00
Tender offer expiration date		Jun. 04, 2018
Senior unsecured notes [Member] \| 6.625% Senior Notes Due May 2023 [Member] \| Dollar Tender Offer [Member] \| Tender Offer Purchase Price Two [Member]
Debt Instrument [Line Items]
Tender offer purchase price per share \| $ / shares		$ 1,022.50
Tender offer principal amount price per share		1,000.00
Tender offer expiration date		Jun. 18, 2018
Senior unsecured notes [Member] \| Senior Notes 6.125% Due May 2023 [Member]
Debt Instrument [Line Items]
Debt instrument interest rate		6.125%	6.125%		6.125%					6.125%
Debt instrument maturity date		May 31, 2023
Senior unsecured notes [Member] \| Senior Notes 6.125% Due May 2023 [Member] \| Euro Tender Offer [member] \| Tender Offer Purchase Price One [Member]
Debt Instrument [Line Items]
Tender offer purchase price per share \| $ / shares		$ 1,048.75
Tender offer principal amount price per share		1,000.00
Tender offer expiration date		Jun. 04, 2018
Senior unsecured notes [Member] \| Senior Notes 6.125% Due May 2023 [Member] \| Euro Tender Offer [member] \| Tender Offer Purchase Price Two [Member]
Debt Instrument [Line Items]
Tender offer purchase price per share \| $ / shares		$ 1,018.75
Tender offer principal amount price per share		1,000.00
Tender offer expiration date		Jun. 18, 2018
Senior unsecured notes [Member] \| 4.000% Senior Notes Due May 2026 [Member]
Debt Instrument [Line Items]
Debt instrument interest rate			4.00%		4.00%					4.00%
Senior unsecured notes [Member] \| 4.000% Senior Notes Due May 2026 [Member] \| 2026 Euro Notes [Member]
Debt Instrument [Line Items]
Debt instrument interest rate								4.00%	4.00%
Debt instrument maturity date	May 31, 2026
Debt Instrument, face amount \| €									€ 450
Senior unsecured notes, payment terms					The 2026 Euro Notes require payment of principal at maturity and payments of interest semi-annually in cash and in arrears on May 15 and November 15 of each year.
Repurchase price obligation, percentage of principal amount redeemed in event of change of control								101.00%	101.00%
Repurchase price obligation, percentage of principal amount redeemed	100.00%
Debt instrument redemption price percentage of principal amount with net cash proceeds								35.00%	35.00%
Debt instrument redemption price percentage of principal amount excluding redemption date								104.00%	104.00%
Senior unsecured notes [Member] \| 4.000% Senior Notes Due May 2026 [Member] \| 2026 Euro Notes [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, face amount								$ 100

Debt - Build-to-suit Lease Obligation (Narrative) (Details) - Discovery Hub [Member] $ in Millions	9 Months Ended
	Sep. 30, 2018 USD ($)	Oct. 31, 2017 ft²
Debt Instrument [Line Items]
Build to suit lease area of land \| ft²		312,000
Build to suit lease project costs paid by third party owner lessor \| $	$ 49

Debt - Maturities and Fair Value (Narrative) (Details) $ in Millions	Apr. 03, 2018 USD ($)
Senior unsecured notes [Member]
Debt Instrument [Line Items]
2023 and beyond	$ 2,687
Senior Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt instrument interest rate	1.00%
Remainder of 2018	$ 3
2019	13
2020	13
2021	13
2022	13
2023 and beyond	$ 1,250
Additional principal repayment, percentage of excess cash flows	50.00%
Additional principal repayment, percentage of excess cash flow, stepdown level one	25.00%
Additional principal repayment, percentage of excess cash flow, stepdown level two	0.00%
Target leverage ratio	3.50%

Debt - Estimated Fair Values of Senior Debt Issues (Details) € in Millions, $ in Millions	Sep. 30, 2018 USD ($)	Sep. 30, 2018 EUR (€)	Dec. 31, 2017 USD ($)	Dec. 31, 2017 EUR (€)
Debt Instrument [Line Items]
Less: Unamortized issue discounts	$ (10)		$ (8)
Less: Unamortized debt issuance costs	(35)		(41)
Senior unsecured notes [Member] \| Senior Secured Tranche B-1 Dollar Term Loan Due May 2022 [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value			923
Senior unsecured notes [Member] \| Senior Secured Tranche B-1 Euro Term Loan Due May 2022 [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value			469	€ 395
Senior unsecured notes [Member] \| Senior Secured Tranche B-2 Dollar Term Loan Due May 2025 [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	896
Senior unsecured notes [Member] \| Senior Secured Tranche B-2 Euro Term Loan Due May 2025 [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	410	€ 348
6.625% Senior Notes Due May 2023 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	908		1,158
7.000% Senior Notes Due May 2025 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	750		750
Senior Notes 6.125% Due May 2023 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value			350	295
4.000% Senior Notes Due May 2026 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	529	450
5.375% Senior Notes Due May 2027 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	500		500
Level 2 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Senior debt, Fair Value	4,072		4,337
Total senior debt, net	3,948		4,101
Less: Unamortized issue discounts	(10)		(8)
Less: Unamortized debt issuance costs	(35)		(41)
Level 2 [Member] \| Senior unsecured notes [Member] \| Senior Debt Obligations
Debt Instrument [Line Items]
Total senior debt, Carrying Value	3,993		4,150
Level 2 [Member] \| Senior unsecured notes [Member] \| Senior Secured Tranche B-1 Dollar Term Loan Due May 2022 [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value			923
Senior debt, Fair Value			928
Level 2 [Member] \| Senior unsecured notes [Member] \| Senior Secured Tranche B-1 Euro Term Loan Due May 2022 [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value			469	395
Senior debt, Fair Value			471
Level 2 [Member] \| Senior unsecured notes [Member] \| Senior Secured Tranche B-2 Dollar Term Loan Due May 2025 [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	896
Senior debt, Fair Value	897
Level 2 [Member] \| Senior unsecured notes [Member] \| Senior Secured Tranche B-2 Euro Term Loan Due May 2025 [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	410	348
Senior debt, Fair Value	412
Level 2 [Member] \| 6.625% Senior Notes Due May 2023 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	908		1,158
Senior debt, Fair Value	950		1,228
Level 2 [Member] \| 7.000% Senior Notes Due May 2025 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	750		750
Senior debt, Fair Value	798		816
Level 2 [Member] \| Senior Notes 6.125% Due May 2023 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value			350	€ 295
Senior debt, Fair Value			373
Level 2 [Member] \| 4.000% Senior Notes Due May 2026 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	529	€ 450
Senior debt, Fair Value	532
Level 2 [Member] \| 5.375% Senior Notes Due May 2027 [Member] \| Senior unsecured notes [Member]
Debt Instrument [Line Items]
Total senior debt, Carrying Value	500		500
Senior debt, Fair Value	$ 483		$ 521

Debt - Estimated Fair Values of Senior Debt Issues (Parenthetical) (Details) - Senior unsecured notes [Member] € in Millions, $ in Millions	Sep. 30, 2018 USD ($)	Sep. 30, 2018 EUR (€)	May 21, 2018	Dec. 31, 2017 USD ($)	Dec. 31, 2017 EUR (€)
Senior Secured Tranche B-1 Euro Term Loan Due May 2022 [Member]
Debt Instrument [Line Items]
Long-term debt				$ 469	€ 395
Senior Secured Tranche B-2 Euro Term Loan Due May 2025 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 410	€ 348
6.625% Senior Notes Due May 2023 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 908			$ 1,158
Debt instrument interest rate	6.625%	6.625%	6.625%	6.625%	6.625%
7.000% Senior Notes Due May 2025 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 750			$ 750
Debt instrument interest rate	7.00%	7.00%		7.00%	7.00%
Senior Notes 6.125% Due May 2023 [Member]
Debt Instrument [Line Items]
Long-term debt				$ 350	€ 295
Debt instrument interest rate	6.125%	6.125%	6.125%	6.125%	6.125%
4.000% Senior Notes Due May 2026 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 529	€ 450
Debt instrument interest rate	4.00%	4.00%		4.00%	4.00%
5.375% Senior Notes Due May 2027 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 500			$ 500
Debt instrument interest rate	5.375%	5.375%		5.375%	5.375%
Level 2 [Member] \| Senior Secured Tranche B-1 Euro Term Loan Due May 2022 [Member]
Debt Instrument [Line Items]
Long-term debt				$ 469	€ 395
Level 2 [Member] \| Senior Secured Tranche B-2 Euro Term Loan Due May 2025 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 410	€ 348
Level 2 [Member] \| 6.625% Senior Notes Due May 2023 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 908			$ 1,158
Debt instrument interest rate	6.625%	6.625%		6.625%	6.625%
Level 2 [Member] \| 7.000% Senior Notes Due May 2025 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 750			$ 750
Debt instrument interest rate	7.00%	7.00%		7.00%	7.00%
Level 2 [Member] \| Senior Notes 6.125% Due May 2023 [Member]
Debt Instrument [Line Items]
Long-term debt				$ 350	€ 295
Debt instrument interest rate	6.125%	6.125%		6.125%	6.125%
Level 2 [Member] \| 4.000% Senior Notes Due May 2026 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 529	€ 450
Debt instrument interest rate	4.00%	4.00%		4.00%	4.00%
Level 2 [Member] \| 5.375% Senior Notes Due May 2027 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 500			$ 500
Debt instrument interest rate	5.375%	5.375%		5.375%	5.375%

Other Liabilities - Schedule of Other Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Other Liabilities Noncurrent [Abstract]
Environmental remediation	$ 158	$ 187
Employee-related costs	131	123
Accrued litigation	51	48
Asset retirement obligations	50	43
Deferred income	8	6
Miscellaneous	65	68
Total other liabilities	$ 463	$ 475

Other Liabilities - Schedule of Other Liabilities (Parenthetical) (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Other Liabilities Noncurrent [Abstract]
Accrued indemnification liability	$ 50	$ 52

Commitments and Contingent Liabilities - Litigation (Narrative) (Details)	1 Months Ended				3 Months Ended					9 Months Ended		12 Months Ended
	Jun. 30, 2018 USD ($)	Mar. 31, 2018 USD ($)	Sep. 30, 2014	May 31, 2013 doctor water_district	Sep. 30, 2018 USD ($) lawsuit	Sep. 30, 2017 USD ($)	Jun. 30, 2017 USD ($)	Mar. 31, 2017 USD ($)	Jun. 30, 2016 USD ($)	Sep. 30, 2018 USD ($) lawsuit plaintiff	Sep. 30, 2017 USD ($)	Dec. 31, 2017 USD ($) lawsuit	Dec. 31, 2016 USD ($)	Dec. 31, 2005 USD ($)	Dec. 31, 2004 resident	Jan. 31, 2012 USD ($)
Loss Contingencies [Line Items]
Expenses incurred		$ 3,000,000			$ 8,000,000	$ 18,000,000				$ 32,000,000	$ 36,000,000
Maximum [Member]
Loss Contingencies [Line Items]
Loss contingency, potential additional loss					$ 470,000,000					470,000,000
Funding for medical monitoring program [Member]
Loss Contingencies [Line Items]
Escrow deposit disbursements										$ 1,400,000
MDL Settlement [Member]
Loss Contingencies [Line Items]
Accrual balance													$ 335,000,000
Settlement payments											$ 335,000,000	$ 335,000,000
Date of Agreement										Mar. 31, 2017
Total settlement amount								$ 670,700,000
Post-MDL Settlement Injury Matters [Member]
Loss Contingencies [Line Items]
Number of plaintiffs alleging negligence and other claims \| plaintiff										3
Benzene Related Illness [Member]
Loss Contingencies [Line Items]
Lawsuits alleging illness \| lawsuit					17					17		17
PFOA Matters [Member]
Loss Contingencies [Line Items]
Accrual balance					$ 20,000,000					$ 20,000,000		$ 14,000,000
Additional estimated charges									$ 4,000,000
PFOA Matters [Member] \| Maximum [Member]
Loss Contingencies [Line Items]
Settlement payments										$ 25,000,000
Period of payments										5 years
PFOA Matters [Member] \| PFOA MDL Settlement [Member]
Loss Contingencies [Line Items]
Additional estimated charges													$ 335,000,000
Settlement payments						$ 320,000,000	$ 15,000,000
PFOA Matters: Drinking Water Actions [Member]
Loss Contingencies [Line Items]
Binding settlement agreement, class size \| resident															80,000
Number of doctors to release initial screening recommendations \| doctor				3
Follow-up screening and diagnostic testing recommended period after initial testing			3 years
Number of water districts Company must provide treatment \| water_district				6
PFOA Matters: Drinking Water Actions [Member] \| Payment for Plaintiffs Attorney Fees [Member]
Loss Contingencies [Line Items]
Settlement payments														$ 23,000,000
PFOA Matters: Drinking Water Actions [Member] \| Payment to fund community health project [Member]
Loss Contingencies [Line Items]
Settlement payments														$ 70,000,000
PFOA Matters: Drinking Water Actions [Member] \| Funding for medical monitoring program [Member]
Loss Contingencies [Line Items]
Loss contingency, potential additional loss					$ 235,000,000					$ 235,000,000
Escrow deposit																$ 1,000,000
PFOA Matters: Additional Actions [Member]
Loss Contingencies [Line Items]
Lawsuits alleging personal injury - Filed \| lawsuit					3,500					3,500
DuPont [Member] \| Maximum [Member]
Loss Contingencies [Line Items]
Settlement payments										$ 25,000,000
GenX and Other Perfluorinated and Polyfluorinated Compounds [Member]
Loss Contingencies [Line Items]
Additional estimated charges					$ 30,000,000					30,000,000
GenX and Other Perfluorinated and Polyfluorinated Compounds [Member] \| Fayetteville Facility [Member]
Loss Contingencies [Line Items]
Accrual balance					43,000,000					43,000,000
Additional estimated charges	$ 13,000,000				30,000,000
Expenses incurred					$ 8,000,000					$ 28,000,000		$ 11,000,000
Site contingency commitment to invest over designing and installing	$ 100,000,000
Asbestos Issue [Member]
Loss Contingencies [Line Items]
Lawsuits alleging personal injury - Filed \| lawsuit					1,500					1,500		1,600
Accrual balance					$ 38,000,000					$ 38,000,000		$ 38,000,000

Commitments and Contingent Liabilities - Environmental (Narrative) (Details) - USD ($) $ in Millions			1 Months Ended	3 Months Ended		9 Months Ended
	Sep. 27, 2018	Jun. 29, 2018	Mar. 31, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Environmental Remediation [Line Items]
Accrual for environmental remediation activities				$ 239		$ 239		$ 253
Expenses incurred			$ 3	8	$ 18	32	$ 36
Sale of asset to third party			$ 39			$ 46	$ 39
East Chicago, Indiana [Member]
Environmental Remediation [Line Items]
Accrual for environmental remediation activities		$ 21
Sale of asset to third party		1
Environmental remediation cost assumed by seller		21
Gain (loss) on sale of asset		3
Purchase price of asset sold		1
Environmental remediation liability		$ 2
Potomac River Site [Member]
Environmental Remediation [Line Items]
Sale of asset to third party	$ 4
Gain (loss) on sale of asset	3
Environmental remediation liability	$ 4
Minimum [Member]
Environmental Remediation [Line Items]
Average time frame of disbursements of environmental site remediation						15 years
Maximum [Member]
Environmental Remediation [Line Items]
Average time frame of disbursements of environmental site remediation						20 years
Loss contingency, potential additional loss				$ 470		$ 470

Equity - Narrative (Details) - USD ($)		3 Months Ended	9 Months Ended
Equity - Narrative (Details) - USD ($)	May 31, 2018	Sep. 30, 2018	Sep. 30, 2018	Aug. 01, 2018	Dec. 31, 2017	Nov. 30, 2017
Equity Class Of Treasury Stock [Line Items]
Purchase of common stock value under the share repurchase program		$ 636,000,000	$ 636,000,000		$ 116,000,000
Common Stock [Member] \| 2017 Share Repurchase Program [Member]
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, authorized amount	$ 500,000,000
Stock repurchase program effective date			Nov. 30, 2017
Purchase of common stock under the share repurchase program	10,085,647
Average share price	$ 49.58
Common Stock [Member] \| 2017 Share Repurchase Program [Member] \| Maximum [Member]
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, authorized amount						$ 500,000,000
Common Stock [Member] \| 2018 Share Repurchase Program [Member]
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program effective date			Aug. 01, 2018
Purchase of common stock under the share repurchase program		3,226,824	3,226,824
Average share price		$ 42.23
Stock repurchase program expiration date			Dec. 31, 2020
Purchase of common stock value under the share repurchase program		$ 136,000,000	$ 136,000,000
Remaining available amount of common stock under the share repurchase program		$ 614,000,000	$ 614,000,000
Common Stock [Member] \| 2018 Share Repurchase Program [Member] \| Maximum [Member]
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, authorized amount				$ 750,000,000

Financial Instruments - Narrative (Details)	3 Months Ended		9 Months Ended
Financial Instruments - Narrative (Details)	Sep. 30, 2018 USD ($) contract	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($) contract	Sep. 30, 2017 USD ($)	Dec. 31, 2017 contract
Derivative [Line Items]
Recognized gains (loss) on derivative cash flow hedge, pre-tax	$ (1,000,000)	$ 0	$ 6,000,000	$ 0
Designated as Hedging Instrument [Member] \| Net Investment Hedge [Member]
Derivative [Line Items]
Recognized gains (losses) on derivative net investment hedge, pre-tax	(11,000,000)	(26,000,000)	2,000,000	(76,000,000)
Reclassification on derivative net investment hedge, pre-tax	$ 0	0	0	0
Designated as Hedging Instrument [Member] \| Net Investment Hedge [Member] \| Accounting Standards Update 2017-12
Derivative [Line Items]
Amount of ineffectiveness on net investment hedges			$ 0
Foreign currency forward contracts [Member]
Derivative [Line Items]
Number of forward exchange currency contracts \| contract	16		16		0
Derivative notional value	$ 483,000,000		$ 483,000,000
Foreign currency forward contracts [Member] \| Not Designated as Hedging Instrument [Member] \| Other Income (Expense), Net [Member]
Derivative [Line Items]
Derivative gains (losses)	(14,000,000)	(1,000,000)	(8,000,000)	6,000,000
Gain reclassification to cost of goods sold on derivative cash flow hedge	$ 14,000,000	$ (1,000,000)	$ 8,000,000	$ 6,000,000
Foreign currency forward contracts [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedge [Member]
Derivative [Line Items]
Number of forward exchange currency contracts \| contract	48		48
Derivative notional value	$ 135,000,000		$ 135,000,000
Recognized gains (loss) on derivative cash flow hedge, pre-tax	(1,000,000)		6,000,000
Derivative cash flow hedge gain from accumulated other comprehensive loss to cost of goods sold to be reclassified with in twelve months			4,000,000
Foreign currency forward contracts [Member] \| Designated as Hedging Instrument [Member] \| Cost of Goods Sold [Member] \| Cash Flow Hedge [Member]
Derivative [Line Items]
Gain reclassification to cost of goods sold on derivative cash flow hedge	$ 1,000,000		$ 1,000,000

Financial Instruments - Schedule of Derivative Assets and Liabilities At Fair Value (Details) - Fair Value, Measurements, Recurring [Member] - Fair Value, Inputs, Level 2 [Member] - Foreign currency forward contracts [Member] $ in Millions	Sep. 30, 2018 USD ($)
Derivatives, Fair Value [Line Items]
Asset derivatives	$ 3
Liability derivatives	1
Accounts and notes receivable - trade, net [Member] \| Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Asset derivatives	1
Accounts and notes receivable - trade, net [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedge [Member]
Derivatives, Fair Value [Line Items]
Asset derivatives	2
Other accrued liabilities [Member] \| Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Liability derivatives	$ 1

Financial Instruments - Schedule of Pre-tax Charge the Fair Value of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Derivatives, Fair Value [Line Items]
Gain (Loss) Recognized In Accumulated Other Comprehensive Loss	$ (11)	$ (26)	$ 2	$ (76)
Foreign currency forward contracts [Member] \| Not Designated as Hedging Instrument [Member] \| Other Income (Expense), Net [Member]
Derivatives, Fair Value [Line Items]
Gain (Loss) Recognized In Derivative Instruments	14	(1)	8	6
Foreign currency forward contracts [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedge [Member]
Derivatives, Fair Value [Line Items]
Gain (Loss) Recognized In Accumulated Other Comprehensive Loss	(2)		5
Foreign currency forward contracts [Member] \| Designated as Hedging Instrument [Member] \| Cost of Goods Sold [Member] \| Cash Flow Hedge [Member]
Derivatives, Fair Value [Line Items]
Gain (Loss) Recognized In Derivative Instruments	1		1
Euro-denominated debt [Member] \| Designated as Hedging Instrument [Member] \| Net Investment Hedge [Member]
Derivatives, Fair Value [Line Items]
Gain (Loss) Recognized In Accumulated Other Comprehensive Loss	$ (11)	$ (26)	$ 2	$ (76)

Long-term Employee Benefits - Schedule of Net Periodic Pension Income and Amounts Recognized in Other Comprehensive Income, Excluding Any of Pre-Tax Effects of Foreign Exchange Rates (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Changes in plan assets and benefit obligations recognized in other comprehensive income:
Amortization of prior service gain	$ 0	$ 1	$ 1	$ 1
Amortization of actuarial loss, pre-tax	4	5	11	15
Benefit recognized in other comprehensive income	4	1	15	(16)
Pension Plan [Member] \| Foreign [Member]
Net periodic pension (cost) income:
Service cost	(4)	(4)	(11)	(11)
Interest cost	(4)	(4)	(13)	(11)
Expected return on plan assets	14	18	43	52
Amortization of prior service gain		1	2	1
Amortization of actuarial loss	(4)	(5)	(12)	(15)
Settlement loss	(2)	(1)	(2)	(1)
Net periodic benefit cost		5	7	15
Changes in plan assets and benefit obligations recognized in other comprehensive income:
Amortization of prior service gain		(1)	(1)	(1)
Amortization of actuarial loss, pre-tax	4	5	11	15
Settlement loss	2	1	2	1
Benefit recognized in other comprehensive income	6	5	12	15
Total net periodic pension income and benefit recognized in comprehensive income	$ 6	$ 10	$ 19	$ 30

Long-term Employee Benefits - Narrative (Details) - Pension Plan [Member] $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018 USD ($)	Sep. 30, 2018 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Contributions by employer	$ 4	$ 12
Estimated future employer contributions in current fiscal year	$ 3	$ 3

Stock-based Compensation - Narrative (Details) $ in Millions		3 Months Ended				9 Months Ended
	Jan. 26, 2017 Period shares	Sep. 30, 2018 USD ($) shares	Jun. 30, 2018 USD ($) shares	Mar. 31, 2018 USD ($) shares	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($) shares	Sep. 30, 2017 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense \| $		$ 5			$ 6	$ 20	$ 21
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock shares reserved for issuance	7,000,000
Consecutive offering periods	12 months
Number of purchase periods in offer period \| Period	4
Percentage of common stock discount rate equal to the fair value	95.00%
Stock purchased under employee stock purchase plan, Value \| $		$ 1	$ 1	$ 1
Stock purchased under employee stock purchase plan, Shares		12,000	12,000	12,000
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense \| $		$ 1			2	$ 7	5
Number of shares granted						500,000
Expiration period						10 years
Stock-based compensation award vesting period						3 years
Stock options outstanding		5,990,000				5,990,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense \| $		$ 1			3	$ 6	11
Stock-based compensation award vesting description						Awards granted to employees will vest over a three-year period. Awards granted to non-employee directors will either vest immediately, on the third anniversary of the grant date, or upon departure from the board of directors, as elected.
Shares issued upon conversion of equity award		1				1
Number of shares non-vested		240,000				240,000
Restricted Stock Units (RSUs) [Member] \| Employees and Non-Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted						140,000
Restricted Stock Units (RSUs) [Member] \| Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation award vesting period						3 years
Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense \| $		$ 3			$ 1	$ 7	$ 5
Stock-based compensation award vesting period						3 years
Number of shares granted						140,000
Shares issued upon conversion of equity award		1				1
Number of shares non-vested		1,110,000				1,110,000
Percentage of target award available for grant						100.00%
Performance Share Units [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target award available for grant						0.00%
Performance Share Units [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target award available for grant						200.00%

Stock-based Compensation - Weighted Average Assumptions of Stock Option (Details) - Stock Option [Member]	9 Months Ended
	Sep. 30, 2018 $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	2.65%
Expected term (years)	6 years
Volatility	47.56%
Dividend yield	1.42%
Fair value per stock option	$ 20.47

Segment Information - Schedule of Segment Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information [Line Items]
Net sales to external customers	$ 1,628	$ 1,584	$ 5,174	$ 4,608
Adjusted EBITDA	435	381	1,399	1,028
Depreciation and amortization	71	62	213	204
Operating Segments [Member] \| Fluoroproducts [Member]
Segment Reporting Information [Line Items]
Net sales to external customers	682	637	2,213	1,998
Adjusted EBITDA	182	158	619	510
Depreciation and amortization	28	28	87	81
Operating Segments [Member] \| Chemical Solutions [Member]
Segment Reporting Information [Line Items]
Net sales to external customers	155	148	453	437
Adjusted EBITDA	24	18	50	37
Depreciation and amortization	5	4	15	13
Operating Segments [Member] \| Titanium Technologies [Member]
Segment Reporting Information [Line Items]
Net sales to external customers	791	799	2,508	2,173
Adjusted EBITDA	268	249	856	601
Depreciation and amortization	30	24	90	89
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	(39)	(44)	(126)	(120)
Depreciation and amortization	$ 8	$ 6	$ 21	$ 21

Segment Information - Reconciliation of EBITDA from Segments to Consolidated Net Income Before Income Taxes (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting [Abstract]
Income before income taxes		$ 269	$ 250	$ 973	$ 649
Interest expense, net		47	55	148	160
Depreciation and amortization		71	62	213	204
Non-operating pension and other post-retirement employee benefit income		(4)	(7)	(18)	(24)
Exchange losses (gains), net		6	4	4	(3)
Restructuring and other charges		12	8	32	31
Asset-related and other charges		0	1	0	3
Loss on extinguishment of debt		0	0	38	1
Gain on sales of assets and businesses	$ (42)	0	0	(45)	(14)
Transaction costs		0	1	9	3
Legal and other charges		34	7	45	18
Adjusted EBITDA		$ 435	$ 381	$ 1,399	$ 1,028

Segment Information - Reconciliation of EBITDA from Segments to Consolidated Net Income Before Income Taxes (Parenthetical) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2017
Sulfur Business [Member]
Segment Reporting Information [Line Items]
Gain (loss) on sale of asset			$ (2)
East Chicago, Indiana [Member]
Segment Reporting Information [Line Items]
Gain (loss) on sale of asset		$ 3
Linden, New Jersey Sites [Member]
Segment Reporting Information [Line Items]
Gain (loss) on sale of asset		42
Edge Moor, Delaware Site [Member]
Segment Reporting Information [Line Items]
Gain (loss) on sale of asset			12
Land [Member] \| Repauno New Jersey [Member]
Segment Reporting Information [Line Items]
Gain (loss) on sale of asset			$ 4
GenX and Other Perfluorinated and Polyfluorinated Compounds [Member]
Segment Reporting Information [Line Items]
Additional estimated liability	$ 30	$ 30

Subsequent Event - Narrative (Details) - USD ($)	1 Months Ended	3 Months Ended
Subsequent Event - Narrative (Details) - USD ($)	Oct. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Subsequent Event [Line Items]
Purchase of common stock value under the share repurchase program		$ 636,000,000	$ 116,000,000
Common Stock [Member] \| 2018 Share Repurchase Program [Member]
Subsequent Event [Line Items]
Purchase of common stock shares under the share repurchase program		3,226,824
Purchase of common stock value under the share repurchase program		$ 136,000,000
Average share price		$ 42.23
Subsequent Event [Member] \| Common Stock [Member] \| 2018 Share Repurchase Program [Member]
Subsequent Event [Line Items]
Purchase of common stock shares under the share repurchase program	3,124,033
Purchase of common stock value under the share repurchase program	$ 114,000,000
Average share price	$ 36.30

Guarantor Condensed Consolidating Financial Information - Narrative (Details) - Senior unsecured notes [Member]	Sep. 30, 2018	Dec. 31, 2017
7.000% Senior Notes Due May 2025 [Member]
Condensed Financial Statements Captions [Line Items]
Debt instrument interest rate	7.00%	7.00%
5.375% Senior Notes Due May 2027 [Member]
Condensed Financial Statements Captions [Line Items]
Debt instrument interest rate	5.375%	5.375%

Guarantor Condensed Consolidating Financial Information - Condensed Consolidating Statements of Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Condensed Income Statements, Captions [Line Items]
Net sales	$ 1,628	$ 1,584	$ 5,174	$ 4,608
Cost of goods sold	1,151	1,119	3,603	3,347
Gross profit	477	465	1,571	1,261
Selling, general, and administrative expense	163	153	466	461
Research and development expense	20	20	61	62
Restructuring, asset-related, and other charges	12	8	32	31
Total other operating expenses	195	181	559	554
Equity in earnings of affiliates	10	9	32	26
Equity in earnings of subsidiaries	0	0	0	0
Interest (expense) income, net	(47)	(55)	(148)	(160)
Intercompany interest income (expense), net	0	0	0	0
Loss on extinguishment of debt	0	0	(38)	(1)
Other income (expense), net	24	12	115	77
Income before income taxes	269	250	973	649
(Benefit from) provision for income taxes	(6)	43	119	130
Net income	275	207	854	519
Less: Net income attributable to non-controlling interests	0	0	1	1
Net income attributable to Chemours	275	207	853	518
Comprehensive income attributable to Chemours	304	228	855	675
Eliminations and Adjustments [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	(462)	(429)	(1,390)	(1,237)
Cost of goods sold	(452)	(409)	(1,390)	(1,227)
Gross profit	(10)	(20)	0	(10)
Selling, general, and administrative expense	(4)	(7)	(20)	(22)
Research and development expense	0	0	0	0
Restructuring, asset-related, and other charges	0	0	0	0
Total other operating expenses	(4)	(7)	(20)	(22)
Equity in earnings of affiliates	0	0	0	0
Equity in earnings of subsidiaries	(307)	(233)	(985)	(594)
Interest (expense) income, net	0	0	0	0
Intercompany interest income (expense), net	0	0	0	0
Loss on extinguishment of debt	0	0	0	0
Other income (expense), net	(4)	(6)	(20)	(22)
Income before income taxes	(317)	(252)	(985)	(604)
(Benefit from) provision for income taxes	0	(1)	0	1
Net income	(317)	(251)	(985)	(605)
Less: Net income attributable to non-controlling interests	0	0	0	0
Net income attributable to Chemours	(317)	(251)	(985)	(605)
Comprehensive income attributable to Chemours	(354)	(288)	(985)	(818)
Parent Issuer [Member] \| Reportable Legal Entities [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	0	0	0	0
Cost of goods sold	0	0	0	0
Gross profit	0	0	0	0
Selling, general, and administrative expense	5	7	28	26
Research and development expense	0	0	0	0
Restructuring, asset-related, and other charges	0	0	0	0
Total other operating expenses	5	7	28	26
Equity in earnings of affiliates	0	0	0	0
Equity in earnings of subsidiaries	308	233	983	594
Interest (expense) income, net	(51)	(57)	(159)	(163)
Intercompany interest income (expense), net	13	16	35	48
Loss on extinguishment of debt	0	0	(38)	(1)
Other income (expense), net	2	6	22	19
Income before income taxes	267	191	815	471
(Benefit from) provision for income taxes	(8)	(16)	(39)	(47)
Net income	275	207	854	518
Less: Net income attributable to non-controlling interests	0	0	0	0
Net income attributable to Chemours	275	207	854	518
Comprehensive income attributable to Chemours	304	228	855	675
Guarantor Subsidiaries [Member] \| Reportable Legal Entities [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	987	960	3,071	2,904
Cost of goods sold	769	773	2,403	2,358
Gross profit	218	187	668	546
Selling, general, and administrative expense	122	105	339	339
Research and development expense	18	19	56	57
Restructuring, asset-related, and other charges	12	8	31	28
Total other operating expenses	152	132	426	424
Equity in earnings of affiliates	0	0	0	0
Equity in earnings of subsidiaries	(1)	0	2	0
Interest (expense) income, net	1	2	2	1
Intercompany interest income (expense), net	3	0	6	0
Loss on extinguishment of debt	0	0	0	0
Other income (expense), net	52	22	146	93
Income before income taxes	121	79	398	216
(Benefit from) provision for income taxes	(31)	18	31	40
Net income	152	61	367	176
Less: Net income attributable to non-controlling interests	0	0	0	0
Net income attributable to Chemours	152	61	367	176
Comprehensive income attributable to Chemours	152	63	367	178
Non-Guarantor Subsidiaries [Member] \| Reportable Legal Entities [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	1,103	1,053	3,493	2,941
Cost of goods sold	834	755	2,590	2,216
Gross profit	269	298	903	725
Selling, general, and administrative expense	40	48	119	118
Research and development expense	2	1	5	5
Restructuring, asset-related, and other charges	0	0	1	3
Total other operating expenses	42	49	125	126
Equity in earnings of affiliates	10	9	32	26
Equity in earnings of subsidiaries	0	0	0	0
Interest (expense) income, net	3	0	9	2
Intercompany interest income (expense), net	(16)	(16)	(41)	(48)
Loss on extinguishment of debt	0	0	0	0
Other income (expense), net	(26)	(10)	(33)	(13)
Income before income taxes	198	232	745	566
(Benefit from) provision for income taxes	33	42	127	136
Net income	165	190	618	430
Less: Net income attributable to non-controlling interests	0	0	1	1
Net income attributable to Chemours	165	190	617	429
Comprehensive income attributable to Chemours	$ 202	$ 225	$ 618	$ 640

Guarantor Condensed Consolidating Financial Information - Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Millions	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 1,275		$ 1,556	$ 1,535		$ 902
Accounts and notes receivable, net	998		919
Intercompany receivable	0		0
Inventories	1,086		935
Prepaid expenses and other	89		83
Total current assets	3,448		3,493
Property, plant, and equipment	8,885		8,511
Less: Accumulated depreciation	(5,678)		(5,503)
Property, plant, and equipment, net	3,207		3,008
Goodwill and other intangible assets, net	187		166
Investments in affiliates	179		173
Investment in subsidiaries	0		0
Intercompany notes receivable	0		0
Other assets	491		453
Total assets	7,512		7,293
Current liabilities:
Accounts payable	1,123		1,075
Current maturities of long-term debt	14		15
Intercompany payable	0		0
Other accrued liabilities	561		558
Total current liabilities	1,698		1,648
Long-term debt, net	3,985		4,097
Intercompany notes payable	0		0
Deferred income taxes	220		208
Other liabilities	463		475
Total liabilities	6,366		6,428
Commitments and contingent liabilities
Equity
Total Chemours stockholders’ equity	1,140		860
Non-controlling interests	6		5
Total equity	1,146	$ 1,025	865	805	$ 572	104
Total liabilities and equity	7,512		7,293
Eliminations and Adjustments [Member]
Current assets:
Cash and cash equivalents	0		0	0		0
Accounts and notes receivable, net	0		0
Intercompany receivable	(953)		(1,488)
Inventories	(88)		(90)
Prepaid expenses and other	0		11
Total current assets	(1,041)		(1,567)
Property, plant, and equipment	0		0
Less: Accumulated depreciation	0		0
Property, plant, and equipment, net	0		0
Goodwill and other intangible assets, net	0		0
Investments in affiliates	0		0
Investment in subsidiaries	(4,488)		(4,393)
Intercompany notes receivable	(1,150)		(1,150)
Other assets	(13)		(13)
Total assets	(6,692)		(7,123)
Current liabilities:
Accounts payable	0		0
Current maturities of long-term debt	0		0
Intercompany payable	(953)		(1,488)
Other accrued liabilities	0		0
Total current liabilities	(953)		(1,488)
Long-term debt, net	0		0
Intercompany notes payable	(1,150)		(1,150)
Deferred income taxes	(27)		(24)
Other liabilities	0		0
Total liabilities	(2,130)		(2,662)
Commitments and contingent liabilities
Equity
Total Chemours stockholders’ equity	(4,562)		(4,461)
Non-controlling interests	0		0
Total equity	(4,562)		(4,461)
Total liabilities and equity	(6,692)		(7,123)
Parent Issuer [Member] \| Reportable Legal Entities [Member]
Current assets:
Cash and cash equivalents	0		0	0		0
Accounts and notes receivable, net	0		0
Intercompany receivable	18		3
Inventories	0		0
Prepaid expenses and other	0		0
Total current assets	18		3
Property, plant, and equipment	0		0
Less: Accumulated depreciation	0		0
Property, plant, and equipment, net	0		0
Goodwill and other intangible assets, net	0		0
Investments in affiliates	0		0
Investment in subsidiaries	4,446		4,393
Intercompany notes receivable	1,150		1,150
Other assets	23		23
Total assets	5,637		5,569
Current liabilities:
Accounts payable	0		31
Current maturities of long-term debt	14		15
Intercompany payable	466		542
Other accrued liabilities	70		34
Total current liabilities	550		622
Long-term debt, net	3,934		4,087
Intercompany notes payable	0		0
Deferred income taxes	13		0
Other liabilities	0		0
Total liabilities	4,497		4,709
Commitments and contingent liabilities
Equity
Total Chemours stockholders’ equity	1,140		860
Non-controlling interests	0		0
Total equity	1,140		860
Total liabilities and equity	5,637		5,569
Guarantor Subsidiaries [Member] \| Reportable Legal Entities [Member]
Current assets:
Cash and cash equivalents	457		761	504		224
Accounts and notes receivable, net	324		308
Intercompany receivable	848		904
Inventories	440		394
Prepaid expenses and other	64		57
Total current assets	2,133		2,424
Property, plant, and equipment	6,730		6,449
Less: Accumulated depreciation	(4,557)		(4,438)
Property, plant, and equipment, net	2,173		2,011
Goodwill and other intangible assets, net	150		152
Investments in affiliates	0		0
Investment in subsidiaries	42		0
Intercompany notes receivable	0		0
Other assets	122		115
Total assets	4,620		4,702
Current liabilities:
Accounts payable	634		606
Current maturities of long-term debt	0		0
Intercompany payable	87		581
Other accrued liabilities	298		343
Total current liabilities	1,019		1,530
Long-term debt, net	51		10
Intercompany notes payable	0		0
Deferred income taxes	120		127
Other liabilities	378		388
Total liabilities	1,568		2,055
Commitments and contingent liabilities
Equity
Total Chemours stockholders’ equity	3,052		2,647
Non-controlling interests	0		0
Total equity	3,052		2,647
Total liabilities and equity	4,620		4,702
Non-Guarantor Subsidiaries [Member] \| Reportable Legal Entities [Member]
Current assets:
Cash and cash equivalents	818		795	$ 1,031		$ 678
Accounts and notes receivable, net	674		611
Intercompany receivable	87		581
Inventories	734		631
Prepaid expenses and other	25		15
Total current assets	2,338		2,633
Property, plant, and equipment	2,155		2,062
Less: Accumulated depreciation	(1,121)		(1,065)
Property, plant, and equipment, net	1,034		997
Goodwill and other intangible assets, net	37		14
Investments in affiliates	179		173
Investment in subsidiaries	0		0
Intercompany notes receivable	0		0
Other assets	359		328
Total assets	3,947		4,145
Current liabilities:
Accounts payable	489		438
Current maturities of long-term debt	0		0
Intercompany payable	400		365
Other accrued liabilities	193		181
Total current liabilities	1,082		984
Long-term debt, net	0		0
Intercompany notes payable	1,150		1,150
Deferred income taxes	114		105
Other liabilities	85		87
Total liabilities	2,431		2,326
Commitments and contingent liabilities
Equity
Total Chemours stockholders’ equity	1,510		1,814
Non-controlling interests	6		5
Total equity	1,516		1,819
Total liabilities and equity	$ 3,947		$ 4,145

Guarantor Condensed Consolidating Financial Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Millions	1 Months Ended	9 Months Ended
	Mar. 31, 2018	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities
Cash provided by (used for) operating activities		$ 881	$ 337
Cash flows from investing activities
Purchases of property, plant, and equipment		(344)	(246)
Acquisition of business, net		(37)	0
Proceeds from sales of assets and businesses, net	$ 39	46	39
Intercompany investing activities		0	0
Foreign exchange contract settlements, net		8	5
Cash used for investing activities		(327)	(202)
Cash flows from financing activities
Intercompany short-term borrowings repayments, net			0
Proceeds from issuance of debt, net		520	494
Debt repayments		(675)	(24)
Payments related to extinguishment of debt		(29)	(1)
Payments of debt issuance costs		(12)	(6)
Purchases of treasury stock, at cost		(520)	0
Intercompany financing activities		0
Proceeds from exercised stock options, net		15	30
Payments related to tax withholdings on vested restricted stock units		(16)	(10)
Payments of dividends		(106)	(16)
Cash (used for) provided by financing activities		(823)	467
Effect of exchange rate changes on cash and cash equivalents		(12)	31
(Decrease) increase in cash and cash equivalents		(281)	633
Cash and cash equivalents at January 1,		1,556	902
Cash and cash equivalents at September 30,		1,275	1,535
Eliminations and Adjustments [Member]
Cash flows from operating activities
Cash provided by (used for) operating activities		0	0
Cash flows from investing activities
Purchases of property, plant, and equipment		0	0
Acquisition of business, net		0
Proceeds from sales of assets and businesses, net		0	0
Intercompany investing activities		821	(408)
Foreign exchange contract settlements, net		0	0
Cash used for investing activities		821	(408)
Cash flows from financing activities
Intercompany short-term borrowings repayments, net			408
Proceeds from issuance of debt, net		0	0
Debt repayments		0	0
Payments related to extinguishment of debt		0	0
Payments of debt issuance costs		0	0
Purchases of treasury stock, at cost		0
Intercompany financing activities		(821)
Proceeds from exercised stock options, net		0	0
Payments related to tax withholdings on vested restricted stock units		0	0
Payments of dividends		0	0
Cash (used for) provided by financing activities		(821)	408
Effect of exchange rate changes on cash and cash equivalents		0	0
(Decrease) increase in cash and cash equivalents		0	0
Cash and cash equivalents at January 1,		0	0
Cash and cash equivalents at September 30,		0	0
Parent Issuer [Member] \| Reportable Legal Entities [Member]
Cash flows from operating activities
Cash provided by (used for) operating activities		2	(59)
Cash flows from investing activities
Purchases of property, plant, and equipment		0	0
Acquisition of business, net		0
Proceeds from sales of assets and businesses, net		0	0
Intercompany investing activities		0	0
Foreign exchange contract settlements, net		0	0
Cash used for investing activities		0	0
Cash flows from financing activities
Intercompany short-term borrowings repayments, net			(408)
Proceeds from issuance of debt, net		520	494
Debt repayments		(675)	(24)
Payments related to extinguishment of debt		(29)	(1)
Payments of debt issuance costs		(12)	(6)
Purchases of treasury stock, at cost		(520)
Intercompany financing activities		821
Proceeds from exercised stock options, net		15	30
Payments related to tax withholdings on vested restricted stock units		(16)	(10)
Payments of dividends		(106)	(16)
Cash (used for) provided by financing activities		(2)	59
Effect of exchange rate changes on cash and cash equivalents		0	0
(Decrease) increase in cash and cash equivalents		0	0
Cash and cash equivalents at January 1,		0	0
Cash and cash equivalents at September 30,		0	0
Guarantor Subsidiaries [Member] \| Reportable Legal Entities [Member]
Cash flows from operating activities
Cash provided by (used for) operating activities		(138)	32
Cash flows from investing activities
Purchases of property, plant, and equipment		(259)	(204)
Acquisition of business, net		(37)
Proceeds from sales of assets and businesses, net		46	39
Intercompany investing activities		76	408
Foreign exchange contract settlements, net		8	5
Cash used for investing activities		(166)	248
Cash flows from financing activities
Intercompany short-term borrowings repayments, net			0
Proceeds from issuance of debt, net		0	0
Debt repayments		0	0
Payments related to extinguishment of debt		0	0
Payments of debt issuance costs		0	0
Purchases of treasury stock, at cost		0
Intercompany financing activities		0
Proceeds from exercised stock options, net		0	0
Payments related to tax withholdings on vested restricted stock units		0	0
Payments of dividends		0	0
Cash (used for) provided by financing activities		0	0
Effect of exchange rate changes on cash and cash equivalents		0	0
(Decrease) increase in cash and cash equivalents		(304)	280
Cash and cash equivalents at January 1,		761	224
Cash and cash equivalents at September 30,		457	504
Non-Guarantor Subsidiaries [Member] \| Reportable Legal Entities [Member]
Cash flows from operating activities
Cash provided by (used for) operating activities		1,017	364
Cash flows from investing activities
Purchases of property, plant, and equipment		(85)	(42)
Acquisition of business, net		0
Proceeds from sales of assets and businesses, net		0	0
Intercompany investing activities		(897)	0
Foreign exchange contract settlements, net		0	0
Cash used for investing activities		(982)	(42)
Cash flows from financing activities
Intercompany short-term borrowings repayments, net			0
Proceeds from issuance of debt, net		0	0
Debt repayments		0	0
Payments related to extinguishment of debt		0	0
Payments of debt issuance costs		0	0
Purchases of treasury stock, at cost		0
Intercompany financing activities		0
Proceeds from exercised stock options, net		0	0
Payments related to tax withholdings on vested restricted stock units		0	0
Payments of dividends		0	0
Cash (used for) provided by financing activities		0	0
Effect of exchange rate changes on cash and cash equivalents		(12)	31
(Decrease) increase in cash and cash equivalents		23	353
Cash and cash equivalents at January 1,		795	678
Cash and cash equivalents at September 30,		$ 818	$ 1,031