XML 41 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Other Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2020
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Schedule of other comprehensive income (loss)
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 affiliatesHedging InstrumentsTotalAmounts attributable to noncontrolling interestsAmounts 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 affiliatesHedging InstrumentsTotalAmounts attributable to noncontrolling interestsAmounts 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.
Schedule of details about reclassifications from other comprehensive loss
Three months ended
September 30,
Nine months ended
September 30,
Affected line item in the statement where net income is presented
2020201920202019
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 tax3 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.