Other Comprehensive Loss

6 Months Ended

Jun. 30, 2022

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

Other Comprehensive Loss

Other Comprehensive Loss

Other comprehensive (loss) income consisted of the following:

	Foreign currency translation adjustment(a)		Pension and other postretirement benefits adjustments net of tax(b)		Other comprehensive income of unconsolidated affiliates		Hedging instruments		Total		Amounts attributable to noncontrolling interests		Amounts attributable to Venator
Beginning balance, January 1, 2022	$	(56)	$	(253)	$	(5)	$	—	$	(314)	$	—	$	(314)
Other comprehensive (loss) income before reclassifications, gross	(90)		—		2		2		(86)		—		(86)
Tax expense	—		—		—		—		—		—		—
Amounts reclassified from accumulated other comprehensive loss, gross(c)	—		2		—		—		2		—		2
Tax expense	—		—		—		—		—		—		—
Net current-period other comprehensive (loss) income	(90)		2		2		2		(84)		—		(84)
Ending balance, June 30, 2022	$	(146)	$	(251)	$	(3)	$	2	$	(398)	$	—	$	(398)

	Foreign currency translation adjustment(d)		Pension and other postretirement benefits adjustments net of tax(e)		Other comprehensive income of unconsolidated affiliates		Hedging instruments		Total		Amounts attributable to noncontrolling interests		Amounts attributable to Venator
Beginning balance, January 1, 2021	$	(19)	$	(306)	$	(5)	$	1	$	(329)	$	—	$	(329)
Other comprehensive (loss) income before reclassifications, gross	(7)		1		—		4		(2)		—		(2)
Tax expense	—		—		—		—		—		—		—
Amounts reclassified from accumulated other comprehensive loss, gross(c)	—		7		—		—		7		—		7
Tax expense	—		—		—		—		—		—		—
Net current-period other comprehensive (loss) income	(7)		8		—		4		5		—		5
Ending balance, June 30, 2021	$	(26)	$	(298)	$	(5)	$	5	$	(324)	$	—	$	(324)

(a)Amounts are net of tax of nil as of June 30, 2022 and January 1, 2022, each.

(b)Amounts are net of tax of $50 million as of June 30, 2022 and January 1, 2022, 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 June 30, 2021 and January 1, 2021, each.

(e)Amounts are net of tax of $50 million as of June 30, 2021 and January 1, 2021, each.

	Three months ended June 30,				Six months ended June 30,				Affected line item in the statement where net income is presented
	2022		2021		2022		2021
Details about Other Comprehensive Loss Components:
Amortization of pension and other postretirement benefits:
Actuarial loss	$	—	$	4	$	1	$	7	Other income
Prior service credit	—		—		1		—		Other income
Total before tax	—		4		2		7
Income tax expense	—		—		—		—		Income tax expense
Total reclassifications for the period, net of tax	$	—	$	4	$	2	$	7