Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share are determined using the following information:

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
Numerator:
Basic and diluted loss from continuing operations:
Net income (loss) attributable to Venator Materials PLC ordinary shareholders	$	93	$	(23)	$	90	$	(44)
Denominator:
Weighted average shares outstanding	107.9		107.3		107.8		107.2
Potential dilutive impact of share-based awards(1)	—		0.8		—		0.5

(1) The potentially dilutive impact of share-based awards was excluded from the calculation of net income (loss) per share for the three and six months ended June 30, 2021 because there is an anti-dilutive effect as we are in net loss positions.