Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Discontinued Operations and Business Dispositions (Tables)

v3.21.2
Note 4 - Discontinued Operations and Business Dispositions (Tables)
6 Months Ended
Jun. 30, 2021
Notes Tables  
Equity Method Investments [Table Text Block]
   

Three months

   

Six months

 
   

ended

   

ended

 
   

June 30,

   

June 30,

 
   

2020

   

2020

 

Revenues

  $ 456     $ 988  

Gross profit

    45       106  

Loss from continuing operations

    (16 )     (9 )

Net loss

    (16 )     (9 )

Net loss attributable to Venator

    (19 )     (12 )

Sale of Chemical Intermediates Businesses

Disposal Groups, Including Discontinued Operations [Table Text Block]
   

Three months

   

Six months

 
   

ended

   

ended

 
   

June 30,

   

June 30,

 
   

2020

   

2020

 

Major line items constituting pretax income of discontinued operations(1):

               

Trade sales, services and fees, net(2)

  $ 1     $ 7  

Cost of goods sold(2)

    2       11  

(Loss) gain on sale of the Chemical Intermediates Businesses

    (12 )     978  

Insurance proceeds

    20       48  

Other expense items, net

    1       1  

Income from discontinued operations before income taxes

    6       1,021  

Income tax expense

    (1 )     (239 )

Net income attributable to discontinued operations

  $ 5     $ 782