XML 20 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Trade sales, services and fees, net $ 2,212 $ 1,938 $ 2,130
Cost of goods sold 2,020 1,778 1,892
Operating expenses:      
Selling, general and administrative 155 156 182
Restructuring, impairment and plant closing and transition costs 68 58 33
Other operating expense, net 27 14 10
Total operating expenses 250 228 225
Operating (loss) income (58) (68) 13
Interest expense (71) (64) (53)
Interest income 12 12 12
Other income, net 12 27 8
Loss before income taxes (105) (93) (20)
Income tax benefit (expense) 31 (12) (150)
Net loss (74) (105) (170)
Net income attributable to noncontrolling interests (3) (7) (5)
Net loss attributable to Venator $ (77) $ (112) $ (175)
Per Share Data:      
Loss attributable to Venator Materials PLC ordinary shareholders, basic (USD per share) $ (0.72) $ (1.05) $ (1.64)
Loss attributable to Venator Materials PLC ordinary shareholders, diluted (USD per share) $ (0.72) $ (1.05) $ (1.64)