XML 19 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 6,794 $ 6,345 $ 4,969
Cost of goods sold 5,178 4,964 3,902
Gross profit 1,616 1,381 1,067
Selling, general, and administrative expense 710 592 527
Research and development expense 118 107 93
Restructuring, asset-related, and other charges 16 6 80
Total other operating expenses 844 705 700
Equity in earnings of affiliates 55 43 23
Interest expense, net (163) (185) (210)
Gain (loss) on extinguishment of debt 7 (21) (22)
Other income , net 70 163 21
Income before income taxes 741 676 179
Provision for (benefit from) income taxes 163 68 (40)
Net income 578 608 219
Net income attributable to Chemours $ 578 $ 608 $ 219
Per share data      
Basic earnings per share of common stock $ 3.72 $ 3.69 $ 1.33
Diluted earnings per share of common stock $ 3.65 $ 3.60 $ 1.32