v3.25.1
Segment Information - Schedule of Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2024
Sep. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]                
Net sales $ 1,368 $ 1,508 $ 1,554 $ 1,362 $ 2,915 $ 4,423    
Segment selling, general, and administrative expense 123 137 154 137 292 428 $ 598 $ 1,286
Segment research and development expense 27     28        
Depreciation and amortization (88)     (71)   (218) (292) (309)
Equity in earnings of affiliates 8     13        
Segment Adjusted EBITDA 223     249        
Total Assets 7,394 $ 7,457 $ 7,246 7,983 $ 7,246 $ 7,457 7,513 $ 8,253
Investments in affiliates 164           152  
Purchases of property, plant, and equipment 84     102        
Thermal & Specialized Solutions [Member]                
Segment Reporting Information [Line Items]                
Segment Adjusted EBITDA 141     150        
Titanium Technologies [Member]                
Segment Reporting Information [Line Items]                
Segment Adjusted EBITDA 50     69        
Advanced Performance Materials [Member]                
Segment Reporting Information [Line Items]                
Segment Adjusted EBITDA 32     30        
Operating Segments [Member] | Thermal & Specialized Solutions [Member]                
Segment Reporting Information [Line Items]                
Net sales 466     454        
Segment cost of goods sold 312     277        
Segment selling, general, and administrative expense 25     26        
Segment research and development expense 7     8        
Depreciation and amortization (16)     (13)        
Equity in earnings of affiliates 2     2        
Other segment items (5)     4        
Segment Adjusted EBITDA 141     150        
Total Assets 1,646           1,541  
Investments in affiliates 75           72  
Purchases of property, plant, and equipment 33     24        
Operating Segments [Member] | Titanium Technologies [Member]                
Segment Reporting Information [Line Items]                
Net sales 597     591        
Segment cost of goods sold 544     514        
Segment selling, general, and administrative expense 28     28        
Segment research and development expense 7     7        
Depreciation and amortization (31)     (31)        
Other segment items (1)     4        
Segment Adjusted EBITDA 50     69        
Total Assets 2,290           2,289  
Purchases of property, plant, and equipment 37     19        
Operating Segments [Member] | Advanced Performance Materials [Member]                
Segment Reporting Information [Line Items]                
Net sales 294     303        
Segment cost of goods sold 250     252        
Segment selling, general, and administrative expense 33     38        
Segment research and development expense 12     12        
Depreciation and amortization (35)     (21)        
Equity in earnings of affiliates 6     10        
Other segment items (4)     (18)        
Segment Adjusted EBITDA 32     30        
Total Assets 1,759           1,748  
Investments in affiliates 90           $ 81  
Purchases of property, plant, and equipment $ 13     $ 54