Other Comprehensive Income

9 Months Ended

Sep. 30, 2020

Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]

Other Comprehensive Income

Note 13. Other Comprehensive Income

Other comprehensive income consisted of the following:

	Foreign currency translation adjustment(a)		Pension and other postretirement benefits adjustments net of tax(b)		Other comprehensive loss of unconsolidated affiliates		Hedging Instruments		Total		Amounts attributable to noncontrolling interests		Amounts attributable to Venator
Beginning balance, January 1, 2020	$	(97)	$	(295)	$	(5)	$	12	$	(385)	$	—	$	(385)
Other comprehensive income (loss) before reclassifications, gross	29		—		—		(1)		28		—		28
Tax expense	—		—		—		—		—		—		—
Amounts reclassified from accumulated other comprehensive loss, gross(c)	—		10		—		—		10		—		10
Tax expense	—		—		—		—		—		—		—
Net current-period other comprehensive income (loss)	29		10		—		(1)		38		—		38
Ending balance, September 30, 2020	$	(68)	$	(285)	$	(5)	$	11	$	(347)	$	—	$	(347)

	Foreign currency translation adjustment(d)		Pension and other postretirement benefits adjustments net of tax(e)		Other comprehensive loss of unconsolidated affiliates		Hedging Instruments		Total		Amounts attributable to noncontrolling interests		Amounts attributable to Venator
Beginning balance, January 1, 2019	$	(96)	$	(278)	$	(5)	$	6	$	(373)	$	—	$	(373)
Other comprehensive (loss) income before reclassifications, gross	(36)		—		—		10		(26)		—		(26)
Tax expense	—		—		—		—		—		—		—
Amounts reclassified from accumulated other comprehensive loss, gross(c)	—		12		—		—		12		—		12
Tax expense	—		—		—		—		—		—		—
Net current-period other comprehensive (loss) income	(36)		12		—		10		(14)		—		(14)
Ending balance, September 30, 2019	$	(132)	$	(266)	$	(5)	$	16	$	(387)	$	—	$	(387)

(a)Amounts are net of tax of nil as of September 30, 2020 and January 1, 2020, each.

(b)Amounts are net of tax of $50 million as of September 30, 2020 and January 1, 2020, each.

(c)See table below for details about the amounts reclassified from accumulated other comprehensive loss.

(d)Amounts are net of tax of nil as of September 30, 2019 and January 1, 2019, each.

(e)Amounts are net of tax of $50 million as of September 30, 2019 and January 1, 2019, each.

	Three months ended September 30,				Nine months ended September 30,				Affected line item in the statement where net income is presented
	2020		2019		2020		2019
Details about Accumulated Other Comprehensive Loss Components(a):
Amortization of pension and other postretirement benefits:
Actuarial loss	$	3	$	3	$	10	$	11	Other income
Prior service credit	—		1		—		1		Other income
Total before tax	3		4		10		12
Income tax expense	—		—		—		—		Income tax benefit (expense)
Total reclassifications for the period, net of tax	$	3	$	4	$	10	$	12

(a)Pension and other postretirement benefit amounts in parentheses indicate credits on our unaudited condensed consolidated statements of operations.