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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Trade sales, services and fees, net $ 642 $ 567 $ 1,301 $ 1,120
Cost of goods sold 573 518 1,169 1,018
Operating expenses:        
Selling, general and administrative 37 40 76 79
Restructuring, impairment, and plant closing and transition costs 5 11 16 25
Other operating (income) expense, net (7) 3 (4) 8
Total operating expenses 35 54 88 112
Operating income (loss) 34 (5) 44 (10)
Interest expense (17) (17) (35) (35)
Interest income 4 3 7 6
Other income, net 88 2 91 7
Income (loss) before income taxes 109 (17) 107 (32)
Income tax expense (14) (5) (14) (10)
Net income (loss) 95 (22) 93 (42)
Net income attributable to noncontrolling interests (2) (1) (3) (2)
Net income (loss) attributable to Venator $ 93 $ (23) $ 90 $ (44)
Per Share Data:        
Income (loss) attributable to Venator Materials PLC ordinary shareholders, basic (in dollars per share) $ 0.86 $ (0.21) $ 0.83 $ (0.41)
Income (loss) attributable to Venator Materials PLC ordinary shareholders, diluted (in dollars per share) $ 0.86 $ (0.21) $ 0.83 $ (0.41)