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CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS      
Trade sales, services and fees, net $ 2,209 $ 2,139 $ 2,162
Cost of goods sold 1,738 1,987 2,046
Operating expenses:      
Selling, general and administrative (includes corporate allocations from Huntsman Corporation of $62, $104 and $90 respectively) 218 225 263
Restructuring, impairment and plant closing and transition costs 52 35 220
Other expense (income), net 10 (45) (1)
Total expenses 280 215 482
Operating income (loss) 191 (63) (366)
Interest expense (100) (59) (52)
Interest income 60 15 22
Other income (expense) 35 (1)  
Income (loss) from continuing operations before income taxes 186 (108) (396)
Income tax (expense) benefit (50) 23 34
Income (loss) from continuing operations 136 (85) (362)
Income from discontinued operations, net of tax 8 8 10
Net income (loss) 144 (77) (352)
Net income attributable to noncontrolling interests (10) (10) (7)
Net income (loss) attributable to Venator $ 134 $ (87) $ (359)
Basic earnings (losses) per share:      
Income (loss) from continuing operations attributable to Venator Materials PLC ordinary shareholders $ 1.19 $ (0.89) $ (3.47)
Income from discontinued operations attributable to Venator Materials PLC ordinary shareholders 0.07 0.07 0.09
Net income (loss) attributable to Venator Materials PLC ordinary shareholders 1.26 (0.82) (3.38)
Diluted earning (losses) per share:      
Income (loss) from continuing operations attributable to Venator Materials PLC ordinary shareholders 1.18 (0.89) (3.47)
Income from discontinued operations attributable to Venator Materials PLC ordinary shareholders 0.08 0.07 0.09
Net income (loss) attributable to Venator Materials PLC ordinary shareholders. $ 1.26 $ (0.82) $ (3.38)