Tronox (TROX) 10-Q 30 Jul 20 2020 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2020	Jul. 20, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	1-35573
Entity Registrant Name	TRONOX HOLDINGS PLC
Entity Incorporation, State or Country Code	X0
Entity Tax Identification Number	98-1467236
Entity Address, Address Line One	263 Tresser Boulevard
Entity Address, Address Line Two	Suite 1100
Entity Address, City or Town	Stamford
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06901
City Area Code	203
Local Phone Number	705-3800
Title of 12(b) Security	Ordinary Shares, par value $0.01 per share
Security Exchange Name	NYSE
Trading Symbol	TROX
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Bankruptcy Proceedings, Reporting Current	true
Entity Common Stock, Shares Outstanding		143,519,623
Entity Central Index Key	0001530804
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Statement [Abstract]
Net sales	$ 578	$ 791	$ 1,300	$ 1,181
Cost of goods sold	449	672	996	979
Contract loss	0	19	0	19
Gross profit	129	100	304	183
Selling, general and administrative expenses	80	103	174	170
Restructuring	0	10	2	10
Income (loss) from operations	49	(13)	128	3
Interest expense	(47)	(54)	(92)	(103)
Interest income	2	3	5	12
Loss on extinguishment of debt	0	0	0	(2)
Other income, net	2	5	11	3
Income (loss) from continuing operations before income taxes	6	(59)	52	(87)
Income tax (provision) benefit	(10)	4	(16)	2
Net income (loss) from continuing operations	(4)	(55)	36	(85)
Net income from discontinued operations, net of tax	0	(1)	0	(1)
Net (loss) income	(4)	(56)	36	(86)
Net income attributable to noncontrolling interest	0	6	8	10
Net (loss) income attributable to Tronox Holdings plc	$ (4)	$ (62)	$ 28	$ (96)
Net (loss) income per share, basic:
Continuing operations (in dollars per share)	$ (0.03)	$ (0.41)	$ 0.19	$ (0.69)
Discontinued operations (in dollars per share)	0	0	0	0
Net income (loss) per share, basic (in dollars per share)	(0.03)	(0.41)	0.19	(0.69)
Net (loss) income per share, diluted:
Continuing operations (in dollars per share)	(0.03)	(0.41)	0.19	(0.69)
Discontinued operations (in dollars per share)	0	0	0	0
Net income (loss) per share, diluted (in dollars per share)	$ (0.03)	$ (0.41)	$ 0.19	$ (0.69)
Weighted average shares outstanding, basic (in thousands) (in shares)	143,465	150,686	143,080	137,569
Weighted average shares outstanding, diluted (in thousands) (in shares)	143,465	150,686	143,644	137,569

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (4)	$ (56)	$ 36	$ (86)
Other comprehensive (loss) income:
Foreign currency translation adjustments	16	22	(172)	22
Pension and postretirement plans:
Actuarial losses, (net of taxes of less than $1 million in both the three and six months ended June 30, 2020 and nil in both the three months and six months ended June 30, 2019)	(2)	0	(2)	0
Amortization of unrecognized actuarial losses, (net of taxes of less than $1 million in both the three and six months ended June 30, 2020 and less than $1 million in both the three months and six months ended June 30, 2019)	1	1	2	1
Total pension and postretirement gains (losses)	(1)	1	0	1
Realized (gains) losses on derivatives reclassified from accumulated other comprehensive loss to the Condensed Consolidated Statement of Operations	6	(1)	11	(1)
Unrealized (losses) gains on derivative financial instruments, (net of tax expense of $3 million and nil for the three months ended June 30, 2020 and 2019, respectively and net of tax benefit of $7 million and nil for the six months ended June 30, 2020 and 2019, respectively) - See Note 14	40	(22)	(48)	(22)
Other comprehensive income (loss)	61	0	(209)	0
Total comprehensive income (loss)	57	(56)	(173)	(86)
Comprehensive (loss) income attributable to noncontrolling interest:
Net income	0	6	8	10
Foreign currency translation adjustments	0	4	(47)	15
Comprehensive (loss) income attributable to noncontrolling interest	0	10	(39)	25
Comprehensive income (loss) attributable to Tronox Holdings plc	$ 57	$ (66)	$ (134)	$ (111)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Unaudited) (Parenthetical) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Actuarial losses, tax benefit	$ 1,000,000	$ 0	$ 1,000,000	$ 0
Amortization of unrecognized actuarial losses, tax benefit	1,000,000	1,000,000	1,000,000	1,000,000
Unrealized gains (losses) on derivative instruments, tax expense (benefit)	$ 3,000,000	$ 0	$ (7,000,000)	$ 0

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 722	$ 302
Restricted cash	27	9
Accounts receivable (net of allowance for credit losses of $4 million and $5 million as of June 30, 2020 and December 31, 2019, respectively)	439	482
Inventories, net	1,174	1,131
Prepaid and other assets	135	143
Income taxes receivable	10	6
Total current assets	2,507	2,073
Noncurrent Assets
Property, plant and equipment, net	1,642	1,762
Mineral leaseholds, net	778	852
Intangible assets, net	195	208
Lease right of use assets, net	86	101
Deferred tax assets	103	110
Other long-term assets	171	162
Total assets	5,482	5,268
Current Liabilities
Accounts payable	322	342
Accrued liabilities	305	283
Short-term lease liabilities	37	38
Short-term debt	13	0
Long-term debt due within one year	46	38
Income taxes payable	4	1
Total current liabilities	727	702
Noncurrent Liabilities
Long-term debt, net	3,427	2,988
Pension and postretirement healthcare benefits	151	160
Asset retirement obligations	145	142
Environmental liabilities	70	65
Long-term lease liabilities	48	62
Deferred tax liabilities	145	184
Other long-term liabilities	41	49
Total liabilities	4,754	4,352
Commitments and Contingencies - Note 17	0	0
Shareholders’ Equity
Tronox Holdings plc ordinary shares, par value $0.01 — 143,523,476 shares issued and outstanding at June 30, 2020 and 141,900,459 shares issued and outstanding at December 31, 2019	1	1
Capital in excess of par value	1,854	1,846
Accumulated deficit	(485)	(493)
Accumulated other comprehensive loss	(768)	(606)
Total Tronox Holdings plc shareholders’ equity	602	748
Noncontrolling interest	126	168
Total equity	728	916
Total liabilities and equity	$ 5,482	$ 5,268

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current Assets
Accounts receivable, allowance for credit loss	$ 4	$ 5
Shareholders’ Equity
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	143,523,476	141,900,459
Common stock, shares outstanding (in shares)	143,523,476	141,900,459

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash Flows from Operating Activities:
Net income (loss)	$ 36	$ (86)
Net income from discontinued operations, net of tax	0	(1)
Net income (loss) from continuing operations	36	(85)
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by operating activities, continuing operations:
Depreciation, depletion and amortization	143	131
Deferred income taxes	6	(13)
Share-based compensation expense	11	15
Amortization of deferred debt issuance costs and discount on debt	5	4
Loss on extinguishment of debt	0	2
Contract loss	0	19
Acquired inventory step-up recognized in earnings	0	55
Other non-cash items affecting net (loss) income from continuing operations	31	17
Changes in assets and liabilities:
(Increase) decrease in accounts receivable, net of allowance for credit losses	25	(43)
(Increase) decrease in inventories, net	(117)	31
Increase in prepaid and other assets	(18)	(8)
(Decrease) increase in accounts payable and accrued liabilities	(16)	32
Net changes in income tax payables and receivables	(3)	(8)
Changes in other non-current assets and liabilities	(31)	(16)
Cash provided by operating activities - continuing operations	72	133
Cash Flows from Investing Activities:
Capital expenditures	(82)	(81)
Cristal Acquisition	0	(1,603)
Proceeds from sale of Ashtabula	0	707
Insurance proceeds	1	10
Loans	(12)	(25)
Proceeds from sale of assets	1	1
Cash used in investing activities - continuing operations	(92)	(991)
Cash Flows from Financing Activities:
Repayments of long-term debt	(15)	(215)
Proceeds from long-term debt	500	222
Repurchase of common stock	0	(252)
Proceeds from short-term debt	13	0
Acquisition of noncontrolling interest	0	(148)
Debt issuance costs	(9)	(4)
Dividends paid	(20)	(14)
Restricted stock and performance-based shares settled in cash for withholding taxes	(3)	(6)
Cash provided by (used in) financing activities - continuing operations	466	(417)
Discontinued Operations:
Cash used in operating activities	0	(15)
Cash used in investing activities	0	(1)
Net cash flows used by discontinued operations	0	(16)
Effects of exchange rate changes on cash and cash equivalents and restricted cash	(8)	1
Net increase (decrease) in cash, cash equivalents and restricted cash	438	(1,290)
Cash, cash equivalents and restricted cash at beginning of period	311	1,696
Cash, cash equivalents and restricted cash at end of period	749	406
Supplemental cash flow information:
Interest paid, net	77	95
Income taxes paid	$ 13	$ 18

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($) shares in Thousands	Total	Ordinary Shares	Capital in Excess of par Value	(Accumulated Deficit)	Accumulated Other Comprehensive Loss	Total Tronox Holdings plc Shareholders’ Equity	Non- controlling Interest
Balance, beginning of period (in shares) at Dec. 31, 2018		122,934
Balance, beginning of period at Dec. 31, 2018	$ 862,000,000	$ 1,000,000	$ 1,579,000,000	$ (357,000,000)	$ (540,000,000)	$ 683,000,000	$ 179,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(30,000,000)			(34,000,000)		(34,000,000)	4,000,000
Other comprehensive (loss) income	0				(11,000,000)	(11,000,000)	11,000,000
Share-based compensation (in shares)		3,306
Share-based compensation	8,000,000		8,000,000			8,000,000
Shares cancelled (in shares)		(502)
Shares cancelled	(6,000,000)		(6,000,000)			(6,000,000)
Acquisition of noncontrolling interest	(148,000,000)		3,000,000		(61,000,000)	(58,000,000)	(90,000,000)
Ordinary share dividends	(6,000,000)			(6,000,000)		(6,000,000)
Balance, end of period (in shares) at Mar. 31, 2019		125,738
Balance, end of period at Mar. 31, 2019	$ 680,000,000	$ 1,000,000	1,584,000,000	(397,000,000)	(612,000,000)	576,000,000	104,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.045
Balance, beginning of period (in shares) at Dec. 31, 2018		122,934
Balance, beginning of period at Dec. 31, 2018	$ 862,000,000	$ 1,000,000	1,579,000,000	(357,000,000)	(540,000,000)	683,000,000	179,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(86,000,000)
Other comprehensive (loss) income	0
Balance, end of period (in shares) at Jun. 30, 2019		144,377
Balance, end of period at Jun. 30, 2019	929,000,000	$ 1,000,000	1,860,000,000	(466,000,000)	(616,000,000)	779,000,000	150,000,000
Balance, beginning of period (in shares) at Mar. 31, 2019		125,738
Balance, beginning of period at Mar. 31, 2019	680,000,000	$ 1,000,000	1,584,000,000	(397,000,000)	(612,000,000)	576,000,000	104,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(56,000,000)			(62,000,000)		(62,000,000)	6,000,000
Other comprehensive (loss) income	0				(4,000,000)	(4,000,000)	4,000,000
Share-based compensation (in shares)		20
Share-based compensation	7,000,000		7,000,000			7,000,000
Shares cancelled (in shares)		(4)
Shares cancelled	0
Shares issued for acquisition (in shares)		37,580
Shares issued for acquisition	526,000,000		526,000,000			526,000,000
Stock repurchased and cancelled (in shares)		(18,957)
Shares repurchased and cancelled	(257,000,000)		(257,000,000)			(257,000,000)
Cristal acquisition	36,000,000						36,000,000
Ordinary share dividends	(7,000,000)			(7,000,000)		(7,000,000)
Balance, end of period (in shares) at Jun. 30, 2019		144,377
Balance, end of period at Jun. 30, 2019	$ 929,000,000	$ 1,000,000	1,860,000,000	(466,000,000)	(616,000,000)	779,000,000	150,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.045
Balance, beginning of period (in shares) at Dec. 31, 2019		141,900
Balance, beginning of period at Dec. 31, 2019	$ 916,000,000	$ 1,000,000	1,846,000,000	(493,000,000)	(606,000,000)	748,000,000	168,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	40,000,000			32,000,000		32,000,000	8,000,000
Other comprehensive (loss) income	(270,000,000)				(223,000,000)	(223,000,000)	(47,000,000)
Share-based compensation (in shares)		1,779
Share-based compensation	9,000,000		9,000,000			9,000,000
Shares cancelled (in shares)		(313)
Shares cancelled	(3,000,000)		(3,000,000)			(3,000,000)
Measurement period adjustment related to Cristal acquisition	(3,000,000)						(3,000,000)
Ordinary share dividends	(10,000,000)			(10,000,000)		(10,000,000)
Balance, end of period (in shares) at Mar. 31, 2020		143,366
Balance, end of period at Mar. 31, 2020	$ 679,000,000	$ 1,000,000	1,852,000,000	(471,000,000)	(829,000,000)	553,000,000	126,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.07
Balance, beginning of period (in shares) at Dec. 31, 2019		141,900
Balance, beginning of period at Dec. 31, 2019	$ 916,000,000	$ 1,000,000	1,846,000,000	(493,000,000)	(606,000,000)	748,000,000	168,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	36,000,000
Other comprehensive (loss) income	(209,000,000)
Balance, end of period (in shares) at Jun. 30, 2020		143,523
Balance, end of period at Jun. 30, 2020	728,000,000	$ 1,000,000	1,854,000,000	(485,000,000)	(768,000,000)	602,000,000	126,000,000
Balance, beginning of period (in shares) at Mar. 31, 2020		143,366
Balance, beginning of period at Mar. 31, 2020	679,000,000	$ 1,000,000	1,852,000,000	(471,000,000)	(829,000,000)	553,000,000	126,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(4,000,000)			(4,000,000)		(4,000,000)	0
Other comprehensive (loss) income	61,000,000				61,000,000	61,000,000	0
Share-based compensation (in shares)		199
Share-based compensation	2,000,000		2,000,000			2,000,000
Shares cancelled (in shares)		(42)
Shares cancelled	0
Ordinary share dividends	(10,000,000)			(10,000,000)		(10,000,000)
Balance, end of period (in shares) at Jun. 30, 2020		143,523
Balance, end of period at Jun. 30, 2020	$ 728,000,000	$ 1,000,000	$ 1,854,000,000	$ (485,000,000)	$ (768,000,000)	$ 602,000,000	$ 126,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.07

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Dividend paid per share (in dollars per share)	$ 0.07	$ 0.07	$ 0.045	$ 0.045

The Company

The Company	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company	The Company Tronox Holdings plc (referred to herein as "Tronox", "we", "us", or "our") operates titanium-bearing mineral sand mines and smelter operations in Australia, South Africa and Brazil to produce feedstock materials that can be processed into TiO 2 for pigment, high purity titanium chemicals, including titanium tetrachloride, and Ultrafine© titanium dioxide used in certain specialty applications. It is our long-term strategic goal to be vertically integrated and consume all of our feedstock materials in our own nine TiO 2 pigment facilities which we operate in the United States, Australia, Brazil, UK, France, the Netherlands, China and the Kingdom of Saudi Arabia (“KSA”). We believe that vertical integration is the best way to achieve our ultimate goal of delivering low cost, high-quality pigment to our coatings and other TiO 2 customers throughout the world. The mining, beneficiation and smelting of titanium bearing mineral sands creates meaningful quantities of zircon, which we also supply to customers around the world. We are a public limited company registered under the laws of England and Wales. Tronox was formerly listed on the New York Stock Exchange as Tronox Limited, a company registered under the laws of Western Australia. However, in March 2019, we re-domiciled to the United Kingdom, and as a result of the re-domiciling, Tronox Limited became a wholly-owned subsidiary of Tronox Holdings plc. Another significant corporate milestone occurred on April 10, 2019 when we completed the acquisition from National Industrialization Company ("Tasnee") of the TiO 2 business of The National Titanium Dioxide Company Ltd. (“Cristal”) (the “Cristal Transaction”). That transaction doubled our size and expanded the number of TiO 2 pigment facilities we operate from three to nine and gave us control of several new mines, particularly in Australia. In order to obtain regulatory approval for the Cristal Transaction, we were required to divest Cristal's North American TiO 2 business, which was sold in May 2019. See Note 2 for further details on the Cristal Transaction. Basis of Presentation The accompanying condensed consolidated financial statements are unaudited and have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission regarding interim financial reporting. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) for complete financial statements and should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2019. The acquisition of Cristal has impacted the comparability of our financial statements. As the Cristal Transaction was completed on April 10, 2019, in accordance with ASC 805, the three and six month periods ended June 30, 2019 only include the results of the Cristal business since the date of the acquisition, while the three and six month periods ended June 30, 2020 include the results of the combined business. In management’s opinion, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, considered necessary for a fair statement of its financial position as of June 30, 2020, and its results of operations for the three and six months ended June 30, 2020 and 2019. Our unaudited condensed consolidated financial statements include the accounts of all majority-owned subsidiary companies. All intercompany balances and transactions have been eliminated in consolidation. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. It is at least reasonably possible that the effect on the financial statements of a change in estimate due to one or more future confirming events could have a material effect on the financial statements, including any potential impacts on the economy as a result of the Covid-19 pandemic which could impact revenue growth and collectibility of trade receivables. Recently Adopted Accounting Pronouncements In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (“Topic 820”): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement. The standard modifies the disclosure requirements in Topic 820, Fair Value Measurement, by: removing certain disclosure requirements related to the fair value hierarchy; modifying existing disclosure requirements related to measurement uncertainty; and adding new disclosure requirements, such as disclosing the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period and disclosing the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. This standard is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2019, with early adoption permitted. We adopted this standard on January 1, 2020 and it did not have a material impact on the Company's consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), as amended. The standard introduces a new accounting model for expected credit losses on financial instruments, including trade receivables, based on estimates of current expected credit losses (CECL). This standard became effective on January 1, 2020, and had an immaterial impact on the Company's consolidated financial statements as our historical bad debt expense has not been material. Recently Issued Accounting Pronouncements

Acquisitions and Related Divest

Acquisitions and Related Divestitures	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Acquisitions and Related Divestitures	Acquisitions and Related Divestitures TTI Acquisition In May 2020, the Company announced that it had signed a definitive agreement to acquire the Tizir Titanium and Iron ("TTI") business from Eramet S.A. for approximately $300 million in cash, plus 3% per annum which accrues for the period from January 1, 2020 until the transaction closes. TTI is a titanium smelter located in Tyssedal, Norway which upgrades ilmenite to produce high-grade titanium slag and high-purity pig iron with an annual capacity of approximately 230,000 tons and 90,000 tons, respectively. Pursuant to the definitive agreement, we are required to pay to Eramet S.A. a termination fee of $18 million if the agreement is terminated as a result of a failure to satisfy certain regulatory approvals prior to May 13, 2021 (the “Initial Long Stop Date”) or if all conditions to closing have been satisfied by such date, but we fail to comply with our completion obligations. The definitive agreement further provides that the Initial Long Stop Date may be extended by us until August 13, 2021 and then November 13, 2021 (each a “Long Stop Date Extension”), and that the termination payment shall be increased by $1 million following each Long Stop Date Extension, provided that the amount of such termination payment shall not exceed $20 million. During the second quarter, upon signing of the definitive agreement to acquire TTI, we placed $18 million into an escrow account with a third-party financial institution. At June 30, 2020, the amount is reflected within “Restricted cash” on the unaudited Condensed Consolidated Balance Sheet. The close of the transaction, which we anticipate to occur before the Initial Long Stop Date, is subject to certain consents and customary closing conditions, including regulatory approvals. Cristal Acquisition and related divestitures On April 10, 2019, we completed the acquisition of the TiO 2 business of Cristal for $1.675 billion of cash, plus 37,580,000 ordinary shares. The total acquisition price, including the value of the ordinary shares at $14 per share on the closing date of the Cristal Transaction, was approximately $2.2 billion. With the acquisition of our shares, an affiliate of Cristal became our largest shareholder. At June 30, 2020, Cristal International Holdings B.V. (formerly known as Cristal Inorganic Chemical Netherlands Cooperatief W.A.), a wholly-owned subsidiary of National Titanium Dioxide Company Ltd., continues to own 37,580,000 shares of Tronox, or a 26% ownership interest. National Titanium Dioxide Company Ltd. is 79% owned by Tasnee. In order to obtain regulatory approval for the Cristal Transaction, the FTC required us to divest Cristal's North American TiO2 business, which we sold to INEOS on May 1, 2019, for cash proceeds, net of transaction costs, of $701 million, inclusive of an amount for a working capital adjustment. In conjunction with the Cristal Transaction, we entered into a transition services agreement with Tasnee and certain of its affiliates under which we and the Tasnee entities will provide certain transition services to one another. See Note 21 for further details of the transition services agreement. In conjunction with the divestiture of Cristal's North American TiO 2 business to INEOS, we entered into a two-year transition services agreement with INEOS. Under the terms of the transition services agreement, INEOS agreed to provide services to Tronox for manufacturing, technology and innovation, information technology, finance, warehousing and human resources. Similarly, Tronox agreed to provide services to INEOS for information technology, finance, product stewardship, warehousing and human resources. In addition, in order to obtain regulatory approval by the European Commission, we divested the 8120 paper laminate grade, supplied from our Botlek facility in the Netherlands, to Venator Materials PLC (“Venator”). The divestiture was completed on April 26, 2019. Under the terms of the divestiture, we will supply the 8120 grade product to Venator under a supply agreement for an initial term of 2 years, and extendable up to 3 years, to allow for the transfer of the manufacturing of the 8120 grade to Venator. Total cash consideration is 8 million Euros, of which 1 million Euros was paid at the closing and the remaining 7 million Euros (approximately $8.0 million at June 30, 2020 exchange rate) to be paid in equal installments during the second quarters of 2020 (of which 3.5 million Euros, approximately $3.9 million at June 30, 2020 exchange rate, was received in April 2020) and 2021. We recorded a charge of $19 million during the second quarter of 2019, in “Contract loss” in the Consolidated Statements of Operations, reflecting both the proceeds on sale and the estimated losses we expect to incur under the supply agreement with Venator. We funded the cash portion of the Cristal Transaction through existing cash, borrowings from our Wells Fargo Revolver, and restricted cash which had been borrowed under the Blocked Term Loan (as defined elsewhere herein) and which became available to us for the purpose of consummating the Cristal Transaction. Allocation of the Purchase Price For the Cristal Transaction, we have applied the acquisition method of accounting in accordance with ASC 805, "Business Combinations", with respect to the identifiable assets and liabilities of Cristal, which have been measured at estimated fair value as of the date of the business combination. The aggregate purchase price noted above was allocated to the identifiable assets acquired and liabilities assumed based upon their estimated fair values at the acquisition date, primarily using Level 2 and Level 3 inputs (see Note 15 for an explanation of Level 2 and Level 3 inputs). These fair value estimates represent management’s best estimate of future cash flows (including sales, cost of sales, income taxes, etc.), discount rates, competitive trends, market comparables and other factors. Inputs used were generally determined from historical data supplemented by current and anticipated market conditions and growth rates. During the first quarter of 2020, we finalized the purchase price allocation which resulted in increasing environmental liabilities by $8 million, increasing property, plant and equipment by $13 million, decreasing noncontrolling interest by $3 million, decreasing deferred taxes by $6 million, increasing liabilities held for sale by $5 million and decreasing inventory by $4 million, as well as other minor adjustments. The adjustments to the unaudited Condensed Consolidated Statement of Operations that would have been recognized in the second quarter of 2019 if the measurement period adjustments had been completed as of the acquisition date would have increased the net loss by approximately $1 million. The final purchase price consideration and estimated fair value of Cristal's net assets acquired on April 10, 2019 are shown below. The assets and liabilities of Cristal's North American TiO 2 business, that was subsequently divested on May 1, 2019, are shown as held for sale in the fair value of assets acquired and liabilities assumed. Fair Value Purchase Price Consideration: Tronox Holdings plc shares issued 37,580,000 Tronox Holdings plc closing price per share on April 10, 2019 $ 14.00 Total fair value of Tronox Holdings plc shares issued at acquisition date $ 526 Cash consideration paid $ 1,675 Total purchase price $ 2,201 Fair Value Fair Value of Assets Acquired: Accounts receivable $ 251 Inventory 689 Deferred tax assets 51 Prepaid and other assets 81 Property, plant and equipment 759 Mineral leaseholds 95 Intangible assets 64 Lease right of use assets 40 Other long-term assets 43 Assets held for sale 850 Total assets acquired $ 2,923 Less: Liabilities Assumed Accounts payable $ 102 Accrued liabilities 137 Short-term lease liabilities 13 Deferred tax liabilities 2 Pension and postretirement healthcare benefits 76 Environmental liabilities 72 Asset retirement obligations 75 Long-term debt 22 Long-term lease liabilities 24 Other long-term liabilities 20 Liabilities held for sale 131 Total liabilities assumed $ 674 Less noncontrolling interest 48 Purchase price $ 2,201 Summary of Significant Fair Value Methods The methods used to determine the fair value of significant identifiable assets and liabilities included in the allocation of purchase price are included in Note 3 to the consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. Results of Cristal Operations Since Acquisition For the three and six months ended June 30, 2019, the acquired Cristal business contributed $353 million in revenue and $(48) million in operating income. Supplemental Pro forma financial information The following unaudited pro forma information gives effect to the Cristal Transaction as if it had occurred on January 1, 2018. The unaudited pro forma financial information reflects certain adjustments related to the acquisition, such as: (1) conforming the accounting policies of Cristal to those applied by Tronox; (2) conversion to U.S. GAAP from IFRS for Cristal; (3) the elimination of transactions between Tronox and Cristal; (4) recording certain incremental expenses resulting from purchase accounting adjustments, such as inventory step-up amortization, depreciation, depletion and amortization expense in connection with fair value adjustments to property, plant and equipment, mineral leases and intangible assets; (5) recording the contract loss on the sale of the 8120 product line as a charge in the first quarter of 2018; (6) recording all transaction costs incurred in the first quarter of 2018; (7) recording the effect on interest expense related to borrowings in connection with the Cristal Transaction; and (8) recording the related tax effects and the impacts to EPS for the shares issued in conjunction with the transaction. The unaudited pro forma financial information should not be relied upon as being indicative of the historical results that would have been obtained if the Cristal Transaction had actually occurred on that date, nor the results of operations in the future. In accordance with ASC 805, the supplemental pro forma results of operations for the three and six months ended June 30, 2019, which were updated subsequently to reflect final purchase price allocation adjustments, are as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 Net sales $ 827 $ 1,547 Net income from continuing operations attributable to Tronox Holdings plc $ 26 $ 3

Restructuring Initiatives

Restructuring Initiatives	6 Months Ended
	Jun. 30, 2020
Restructuring and Related Activities [Abstract]
Restructuring Initiatives	Restructuring Initiatives In April 2019, we announced the completion of the Cristal Transaction. During the second quarter of 2019, as a result of the acquisition, we outlined a broad based synergy savings program that is expected to reduce costs, simplify processes and focus the organization’s structure and resources on key growth initiatives. During the three and six months ended June 30, 2020, we recorded costs of nil and $2 million, respectively, in our unaudited Condensed Consolidated Statement of Operations. For both the three and six months ended June 30, 2019, we recorded costs of $10 million in our unaudited Condensed Consolidated Statement of Operations. The costs consisted primarily of charges for employee related costs, including severance. The liability balance for restructuring as of June 30, 2020, is as follows: Employee- Balance, December 31, 2019 $ 10 First Quarter 2020 charges 2 Cash payments (4) Foreign exchange and other 1 Balance, March 31, 2020 $ 9 Second Quarter 2020 charges — Cash payments (5) Foreign exchange and other — Balance, June 30, 2020 $ 4

Revenue

Revenue	6 Months Ended
	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Revenue	Revenue We recognize revenue at a point in time when the customer obtains control of the promised products. For most transactions this occurs when products are shipped from our manufacturing facilities or at a later point when control of the products transfers to the customer at a specified destination or time. Contract assets represent our rights to consideration in exchange for products that have transferred to a customer when the right is conditional on situations other than the passage of time. For products that we have transferred to our customers, our rights to the consideration are typically unconditional and only the passage of time is required before payments become due. These unconditional rights are recorded as accounts receivable. As of June 30, 2020, and December 31, 2019, we did not have material contract asset balances. Contract liabilities represent our obligations to transfer products to a customer for which we have received consideration from the customer. Infrequently we may receive advance payment from our customers that is accounted for as deferred revenue. Deferred revenue is earned when control of the product transfers to the customer, which is typically within a short period of time from when we received the advanced payment. Contract liability balances as of June 30, 2020 and December 31, 2019 were approximately $1 million and $1 million, respectively. Contract liability balances were reported as “Accounts payable” in the unaudited Condensed Consolidated Balance Sheets. All contract liabilities as of December 31, 2019 were recognized as revenue in “Net sales” in the unaudited Condensed Consolidated Statements of Operations during the first quarter of 2020. Disaggregation of Revenue We operate under one operating and reportable segment, TiO 2 . We disaggregate our revenue from contracts with customers by product type and geographic area. We believe this level of disaggregation appropriately depicts how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors and reflects how our business is managed. Net sales to external customers by geographic areas where our customers are located were as follows: Three Months Ended Six Months Ended 2020 2019 2020 2019 North America $ 154 $ 180 $ 332 $ 318 South and Central America 21 48 61 61 Europe, Middle-East and Africa 201 316 493 446 Asia Pacific 202 247 414 356 Total net sales $ 578 $ 791 $ 1,300 $ 1,181 Net sales from external customers for each similar type of product were as follows: Three Months Ended Six Months Ended 2020 2019 2020 2019 TiO 2 $ 466 $ 625 $ 1,046 $ 902 Zircon 68 88 133 152 Feedstock and other products 44 78 121 127 Total net sales $ 578 $ 791 $ 1,300 $ 1,181 Feedstock and other products mainly include rutile prime, ilmenite, chloride (“CP”) slag, pig iron and other mining products. During the six months ended June 30, 2020 and 2019, our ten largest third-party TiO 2 customers represented 33% and 31%, respectively, of our consolidated net sales. During the six months ended June 30, 2020 and 2019, no single customer accounted for 10% of our consolidated net sales.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations As discussed in Note 2, the Company divested Cristal's North American TiO 2 business to INEOS on May 1, 2019, for cash proceeds, net of transaction costs, of $701 million, inclusive of an amount for a working capital adjustment. The operating results of Cristal’s North American TiO 2 business from the acquisition date to the date of divestiture are included in a single caption entitled “Net income (loss) from discontinued operations, net of tax” in our unaudited Condensed Consolidated Statements of Operations. The following table presents a summary of operations of Cristal’s North American TiO 2 business and Cristal Metals line items constituting the "Income from discontinued operations, net of tax" in our unaudited Condensed Consolidated Statements of Operations: Three and Six Months Ended June 30, 2019 Net sales $ 41 Cost of goods sold 29 Gross profit 12 Selling, general and administrative expense (3) Income before income taxes 9 Income tax benefit (provision) (10) Net loss from discontinued operations, net of tax $ (1)

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our operations are conducted through various subsidiaries in a number of countries throughout the world. We have provided for income taxes based upon the tax laws and rates in the countries in which operations are conducted and income is earned. Income (loss) from continuing operations before income taxes is comprised of the following: Three Months Ended Six Months Ended 2020 2019 2020 2019 Income tax (provision) benefit $ (10) $ 4 $ (16) $ 2 Income (loss) from continuing operations before income taxes $ 6 $ (59) $ 52 $ (87) Effective tax rate 167 % (7) % 31 % (2) % Tronox Holdings plc, a U.K. public limited company, became the public parent during the three months ended March 31, 2019. Prior to the three months ended March 31, 2019, Tronox Limited was the public parent, registered under the laws of the State of Western Australia but managed and controlled in the U.K. The statutory tax rate in the U.K. at both June 30, 2020 and 2019 was 19%. The effective tax rates for both the three and six months ended June 30, 2020 and 2019 are influenced by a variety of factors, primarily income and losses in jurisdictions with full valuation allowances, disallowable expenditures, restructuring impacts, and our jurisdictional mix of income at tax rates different than the U.K. statutory rate. Upon completion of the Cristal Transaction, we now have additional jurisdictions with operational income. The statutory tax rates on income earned in Australia (30%), the United States (21%), South Africa (28%), France (28.92%), China (25%), Brazil (34%), the Kingdom of Saudi Arabia (KSA) (20%), and the Netherlands (25%) are higher than the U.K. statutory rate of 19%. Tax rates will be reduced in France and the Netherlands to 25% and 21.7%, respectively, in future years. We continue to maintain full valuation allowances related to the total net deferred tax assets in Australia, Belgium, Brazil, Switzerland, and the U.S., as we cannot objectively assert that these deferred tax assets are more likely than not to be realized. It is reasonably possible that a portion of these valuation allowances could be reversed within the next year due to increased profitability levels. Until these valuation allowances are eliminated, future provisions for income taxes for these jurisdictions will include no tax benefits with respect to losses incurred and tax expense only to the extent of current tax payments. Additionally, we have valuation allowances against specific tax assets in the Netherlands, South Africa, and the U.K. During the three months ended June 30, 2020, we recorded a full valuation allowance against the deferred tax assets in Saudi Arabia. The impact of this valuation allowance is $2 million to both the quarter and year-to-date income tax provisions. The Company’s ability to use certain loss and expense carryforwards in the U.S. could be substantially limited if the Company were to experience an ownership change as defined under IRC Section 382. In general, an ownership change would occur if the Company’s “5-percent shareholders,” as defined under IRC Section 382, including certain groups of persons treated as “5-percent shareholders,” collectively increased their ownership in the Company by more than 50 percentage points over a rolling three-year period. If an ownership change does occur during 2020, the resulting impact could be a limitation of up to $5.5 billion composed of both U.S. net operating losses and interest limitation carryforwards. We believe there would be minimal impact on the $2.2 billion future Grantor Trust deductions from an IRC Section 382 change. We currently have no uncertain tax positions recorded; however, we continue to evaluate the companies acquired in the Cristal Transaction, and it is reasonably possible that this could change in the next 12 months. The Company was advised that the Australian Taxation Office shall commence a tax audit for certain fiscal periods prior to the closing of the Cristal Transaction. The ultimate outcome of such an audit is no presently known. Pursuant to the Cristal Transaction definitive agreement, Cristal is obligated to indemnify us for pre-closing tax liabilities, and we believe any assessment associated with such Australian tax audit is covered by such indemnity. We believe that we have made adequate provision for income taxes that may be payable with respect to years open for examination; however, the ultimate outcome is not presently known and, accordingly, adjustments to our provisions may be necessary and/or reclassifications of noncurrent tax liabilities to current may occur in the future.

Income (Loss) Per Share

Income (Loss) Per Share	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Income (Loss) Per Share	Income (Loss) Per Share The computation of basic and diluted loss per share for the periods indicated is as follows: Three Months Ended Six Months Ended 2020 2019 2020 2019 Numerator - Basic and Diluted: Net income (loss) from continuing operations $ (4) $ (55) $ 36 $ (85) Less: Net income attributable to noncontrolling interest — 6 8 10 Undistributed net income (loss) from continuing operations attributable to Tronox Holdings plc (4) (61) 28 (95) Net loss from discontinued operations — (1) — (1) Net income (loss) available to ordinary shares $ (4) $ (62) $ 28 $ (96) Denominator - Basic and Diluted: Weighted-average ordinary shares, basic (in thousands) 143,465 150,686 143,080 137,569 Weighted-average ordinary shares, diluted (in thousands) 143,465 150,686 143,644 137,569 Basic net income (loss) from continuing operations per ordinary share $ (0.03) $ (0.41) $ 0.19 $ (0.69) Basic net income from discontinued operations per ordinary share — — — — Basic net income (loss) operations per ordinary share $ (0.03) $ (0.41) $ 0.19 $ (0.69) Diluted net income (loss) from continuing operations per ordinary share $ (0.03) $ (0.41) $ 0.19 $ (0.69) Diluted net income from discontinued operations per ordinary share — — — — Diluted net income (loss) operations per ordinary share $ (0.03) $ (0.41) $ 0.19 $ (0.69) Net income (loss) per ordinary share amounts were calculated from exact, not rounded net income (loss) and share information. Anti-dilutive shares not recognized in the diluted net income (loss) per share calculation for the three and six months ended June 30, 2020 and 2019 were as follows: Shares Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Options 1,208,055 1,269,443 1,208,055 1,269,443 Restricted share units 6,831,965 5,206,611 6,831,965 5,206,611

Inventories, Net

Inventories, Net	6 Months Ended
	Jun. 30, 2020
Inventory Disclosure [Abstract]
Inventories, Net	Inventories, Net Inventories, net consisted of the following: June 30, December 31, Raw materials $ 172 $ 205 Work-in-process 109 129 Finished goods, net 677 573 Materials and supplies, net 216 224 Inventories, net – current $ 1,174 $ 1,131 Materials and supplies, net consists of processing chemicals, maintenance supplies and spare parts, which will be consumed directly and indirectly in the production of our products. At June 30, 2020 and December 31, 2019, inventory obsolescence reserves primarily for materials and supplies were $43 million and $39 million, respectively. Reserves for lower of cost or market and net realizable value were $21 million and $25 million at June 30, 2020 and December 31, 2019, respectively.

Property, Plant and Equipment,

Property, Plant and Equipment, Net	6 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net	Property, Plant and Equipment, Net Property, plant and equipment, net of accumulated depreciation, consisted of the following: June 30, December 31, Land and land improvements $ 177 $ 191 Buildings 327 340 Machinery and equipment 1,934 2,028 Construction-in-progress 174 156 Other 57 54 Subtotal 2,669 2,769 Less: accumulated depreciation (1,027) (1,007) Property, plant and equipment, net $ 1,642 $ 1,762 The decline in property, plant and equipment, net from December 31, 2019 to June 30, 2020 is primarily a result of impact of foreign currency translation due to the devaluation of the South African rand and Brazilian real. Substantially all of the property, plant and equipment, net is pledged as collateral for our debt. See Note 13. The table below summarizes depreciation expense related to property, plant and equipment for the periods presented, recorded in the specific line items in our unaudited Condensed Consolidated Statements of Operations: Three Months Ended Six Months Ended 2020 2019 2020 2019 Cost of goods sold $ 52 $ 58 $ 109 $ 90 Selling, general and administrative expenses 1 1 3 2 Total $ 53 $ 59 $ 112 $ 92

Mineral Leaseholds, Net

Mineral Leaseholds, Net	6 Months Ended
	Jun. 30, 2020
Extractive Industries [Abstract]
Mineral Leaseholds, Net	Mineral Leaseholds, Net Mineral leaseholds, net of accumulated depletion, consisted of the following: June 30, December 31, Mineral leaseholds $ 1,301 $ 1,352 Less: accumulated depletion (523) (500) Mineral leaseholds, net $ 778 $ 852 The decline in mineral leaseholds, net from December 31, 2019 to June 30, 2020 is primarily a result of the impact of foreign currency translation due to the devaluation of the South African rand. Depletion expense relating to mineral leaseholds recorded in “Cost of goods sold” in the unaudited Condensed Consolidated Statements of Operations was $12 million and $17 million during the three months ended June 30, 2020 and 2019, respectively. Depletion expense relating to mineral leaseholds recorded in "Cost of goods sold" in the unaudited Condensed Consolidated Statements of Operations was $14 million and $25 million during the six months ended June 30, 2020 and 2019, respectively.

Intangible Assets, Net

Intangible Assets, Net	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, Net	Intangible Assets, Net Intangible assets, net of accumulated amortization, consisted of the following: June 30, 2020 December 31, 2019 Gross Cost Accumulated Net Carrying Gross Cost Accumulated Net Carrying Customer relationships $ 291 $ (183) $ 108 $ 291 $ (173) $ 118 TiO 2 technology 94 (21) 73 92 (17) 75 Internal-use software 50 (36) 14 49 (34) 15 Intangible assets, net $ 435 $ (240) $ 195 $ 432 $ (224) $ 208 The table below summarizes amortization expense related to intangible assets for the periods presented, recorded in the specific line items in our unaudited Condensed Consolidated Statements of Operations: Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Cost of goods sold $ — $ 1 $ 1 $ 1 Selling, general and administrative expenses 7 7 16 13 Total $ 7 $ 8 $ 17 $ 14 Estimated future amortization expense related to intangible assets is $16 million for the remainder of 2020, $31 million for 2021, $29 million for 2022, $27 million for 2023, $26 million for 2024 and $66 million thereafter.

Balance Sheet and Cash Flow Sup

Balance Sheet and Cash Flow Supplemental Information	6 Months Ended
	Jun. 30, 2020
Payables and Accruals [Abstract]
Balance Sheet and Cash Flow Supplemental Information	Balance Sheet and Cash Flow Supplemental Information Accrued liabilities consisted of the following: June 30, 2020 December 31, 2019 Employee-related costs and benefits $ 98 $ 103 Related party payables 6 7 Interest 21 16 Sales rebates 28 39 Restructuring 4 10 Taxes other than income taxes 14 6 Asset retirement obligations 10 16 Interest rate swaps 62 22 Currency contracts 10 — Professional fees and other 52 60 Liabilities held for sale — 4 Accrued liabilities $ 305 $ 283 Additional supplemental cash flow information for the six months ended June 30, 2020 and 2019 and as of June 30, 2020 and December 31, 2019 is as follows: Six Months Ended June 30, Supplemental non cash information: 2020 2019 Investing activities- shares issued in the Cristal acquisition $ — $ 526 Financing activities- debt assumed in the Cristal acquisition $ — $ 22 June 30, 2020 December 31, 2019 Capital expenditures acquired but not yet paid $ 21 $ 23

Debt

Debt	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Debt	Debt Long-Term Debt Long-term debt, net of an unamortized discount and debt issuance costs, consisted of the following: Original Annual Maturity June 30, 2020 December 31, 2019 Term Loan Facility, net of unamortized discount (1)(4) $ 2,150 Variable 9/22/2024 $ 1,806 $ 1,805 Senior Notes due 2025 450 5.75 % 10/1/2025 450 450 Senior Notes due 2026 615 6.50 % 4/15/2026 615 615 6.5% Senior Secured Notes due 2025 (3) 500 6.50 % 5/1/2025 500 — Standard Bank Term Loan Facility (1)(2) 222 Variable 3/25/2024 112 158 Tikon Loan N/A Variable 5/23/2021 16 16 Australian Government Loan, net of unamortized discount N/A N/A 12/31/2036 1 1 Finance leases 12 15 Long-term debt 3,512 3,060 Less: Long-term debt due within one year (46) (38) Debt issuance costs (39) (34) Long-term debt, net $ 3,427 $ 2,988 _______________ (1) Average effective interest rate on the Term Loan Facility of 4.7% and 5.8% during the six months ended June 30, 2020 and 2019, respectively. Average effective interest rate on the Standard Bank Term Loan Facility of 8.9% and 9.8% during the six months ended June 30, 2020 and 2019, respectively. (2) The Standard Bank Term Loan Facility contains financial covenants relating to certain ratio tests. (3) On May 1, 2020, Tronox Incorporated, a wholly-owned indirect subsidiary of the Company, issued 6.5% senior secured notes due 2025 for an aggregate principal amount of $500 million (the "6.5% Senior Secured Notes due 2025"), which were issued under an indenture dated May 1, 2020. A portion of the proceeds of this debt offering was utilized to repay the $200 million of the Company's outstanding borrowings under its Wells Fargo, Standard Bank, and Emirates revolvers which was originally borrowed during the first quarter of 2020. (4) The Term Loan Facility consists of (i) a U.S. dollar term facility in an aggregate principal amount of $1.5 billion (the “Term Loans”) with our subsidiary, Tronox Finance LLC (“Tronox Finance”) as the borrower and (ii) a U.S. dollar term facility in an aggregate principal amount of $650 million (the “Blocked Term Loan”) with our unrestricted subsidiary, Tronox Blocked Borrower LLC (the “Blocked Borrower”) as the borrower, which Blocked Term Loan was funded into a blocked account. Upon consummation of the Cristal Transaction on April 10, 2019, the Blocked Borrower merged with and into Tronox Finance, and the Blocked Term Loan became available to Tronox Finance. Short-Term Debt Short-term debt and available facilities consisted of the following: Annual Interest Rate Maturity Date June 30, 2020 December 31, 2019 Wells Fargo Revolver (1) Variable 9/22/2022 $ — $ — Standard Bank Revolver (2) Variable 3/25/2022 — — Emirates Revolver (3) Variable 3/31/2021 — — SABB Credit Facility Variable 11/30/2020 13 — Short-term debt (4) $ 13 $ — _______________ (1) In March 2019, the Wells Fargo Revolver was amended, which amongst other things, modified certain components of the borrowing base in order to increase the potential availability of credit. We also voluntarily reduced the revolving credit lines under the Wells Fargo Revolver from $550 million to $350 million. As a result of this modification, we accelerated the recognition of a portion of the deferred financing costs related to the Wells Fargo Revolver and during the six months ended June 30, 2019, recorded a charge of $2 million in “Loss on extinguishment of debt” within the unaudited Condensed Consolidated Statement of Operations. No charges were recorded during the three months ended June 30, 2019. At June 30, 2020, there were $30 million of issued and undrawn letters of credit under the Wells Fargo Revolver. The Wells Fargo Revolver contains a springing financial covenant that requires the Company and its restricted subsidiaries to maintain a consolidated fixed charge coverage ratio of at least 1.0:1.0 during certain test periods based on borrowing availability under the Wells Fargo Revolver or following the occurrence of specified events of default. (2) In connection with the Standard Bank Credit Facility ("Standard Bank Revolver") entered into on March 25, 2019, the ABSA Revolving Credit Facility ("ABSA Revolver") was terminated on March 26, 2019. As a result of the termination, we accelerated the recognition of the remaining deferred financing costs related to the ABSA Revolver during the six months ended June 30, 2019 and recorded less than $1 million in “Loss on extinguishment of debt” within the unaudited Condensed Consolidated Statement of Operations. No charges were recorded during the three months ended June 30, 2019. (3) In March 2020, the Company entered into an amendment to, amongst other things, extend the maturity date of the Emirates Revolver from March 31, 2020 to March 31, 2021. (4) In March 2020, the Company drew down $200 million of borrowings under its Wells Fargo, Standard Bank, and Emirates revolvers in order to increase liquidity and preserve financial flexibility which was repaid in May 2020 with a portion of the proceeds of the 6.5% Senior Secured Notes due 2025. Additionally, during the six months ended June 30, 2020, our KSA subsidiary drew down $13 million on its SABB Credit Facility for local working capital purposes. At June 30, 2020, the short-term debt balance was $13 million based on the June 30, 2020 exchange rate. There were no comparable amounts outstanding as of December 31, 2019. Debt Covenants At June 30, 2020, we are in compliance with all financial covenants in our debt facilities.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Derivatives recorded on the Condensed Consolidated Balance Sheet: The following table is a summary of the fair value of derivatives outstanding at June 30, 2020 and December 31, 2019: Fair Value June 30, 2020 December 31, 2019 Assets(a) Accrued Liabilities Assets(a) Accrued Liabilities Derivatives Designated as Cash Flow Hedges Currency Contracts $ 33 $ 6 $ 30 $ — Interest Rate Swaps $ — $ 62 $ — $ 22 Total Hedges $ 33 $ 68 $ 30 $ 22 Derivatives Not Designated as Cash Flow Hedges Currency Contracts $ 1 $ 4 $ 7 $ — Total Derivatives $ 34 $ 72 $ 37 $ 22 (a) At June 30, 2020, current assets of $18 million are recorded in prepaid and other current assets and long-term assets of $16 million are recorded in other long-term assets. At December 31, 2019, current assets of $34 million were recorded in prepaid and other current assets and long-term assets of $3 million are recorded in other long-term assets. Derivatives' Impact on the Condensed Consolidated Statement of Operations: The following table summarizes the impact of the Company's derivatives on the unaudited Condensed Consolidated Statement of Operations: Amount of Pre-Tax Gain (Loss) Recognized in Earnings Amount of Pre-Tax Gain (Loss) Recognized in Earnings Revenue Cost of Goods Sold Other Income (Expense), net Revenue Cost of Goods Sold Other Income (Expense), net Three Months Ended June 30, 2020 Three Months Ended June 30, 2019 Derivatives Not Designated as Hedging Instruments Currency Contracts $ — $ — $ 8 $ — $ — $ 1 Derivatives Designated as Hedging Instruments Currency Contracts $ (5) $ (1) $ — $ — $ — $ — Total Derivatives $ (5) $ (1) $ 8 $ — $ — $ 1 Amount of Pre-Tax Gain (Loss) Recognized in Earnings Amount of Pre-Tax Gain (Loss) Recognized in Earnings Revenue Cost of Goods Sold Other Income (Expense), net Revenue Cost of Goods Sold Other Income (Expense), net Six Months Ended June 30, 2020 Six Months Ended June 30, 2019 Derivatives Not Designated as Hedging Instruments Currency Contracts $ — $ — $ (8) $ — $ — $ 6 Derivatives Designated as Hedging Instruments Currency Contracts $ (6) $ (5) $ — $ — $ — $ — Total Derivatives $ (6) $ (5) $ (8) $ — $ — $ 6 Interest Rate Risk During the second quarter of 2019, we entered into interest-rate swap agreements with an aggregate notional value of $750 million, representing a portion of our Term Loan Facility, which effectively converts the variable rate to a fixed rate for that portion of the loan. The agreements expire in September 2024. The Company’s objectives in using the interest-rate swap agreements are to add stability to interest expense and to manage its exposure to interest rate movements. These interest rate swaps have been designated as cash flow hedges and involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Fair value gains or losses on these cash flow hedges are recorded in other comprehensive (loss) income and are subsequently reclassified into interest expense in the same periods during which the hedged transactions affect earnings. At June 30, 2020 and December 31, 2019, the net unrealized loss of $62 million and $22 million, respectively, was recorded in "Accumulated other comprehensive loss" on the unaudited Condensed Consolidated Balance Sheet. For the three and six months ended June 30, 2020 and 2019, the amounts recorded in interest expense related to the interest-rate swap agreements were not material. Foreign Currency Risk During the third quarter of 2019 and the first quarter of 2020, we entered into foreign currency contracts used to hedge forecasted third party non-functional currency sales for our South African subsidiaries and forecasted non-functional currency cost of goods sold for our Australian subsidiaries. These foreign currency contracts are designated as cash flow hedges. Changes to the fair value of these foreign currency contracts are recorded as a component of other comprehensive (loss) income, if these contracts remain highly effective, and are recognized in net sales or costs of goods sold in the period in which the forecasted transaction affects earnings or are recognized in other income (expense) when the transactions are no longer probable of occurring. As of June 30, 2020, we had notional amounts of (i) 1.4 billion South African rand (or approximately $81 million at June 30, 2020 exchange rate) that expire between July 30, 2020 and February 25, 2021 to reduce the exposure of our South African subsidiaries’ third party sales to fluctuations in currency rates, and (ii) $507 million Australian dollars (or approximately $349 million at June 30, 2020 exchange rate) that expire between July 30, 2020 and December 30, 2021 to reduce the exposure of our Australian subsidiaries’ cost of sales to fluctuations in currency rates. At June 30, 2020 and December 31, 2019, there was an unrealized net gain of $25 million and an unrealized net gain of $30 million, respectively, recorded in "Accumulated other comprehensive loss" on the unaudited Condensed Consolidated Balance Sheet, of which $10 million is expected to be recognized in earnings over the next twelve months.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Accounting standards define fair value as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. The accounting standards also have established a fair value hierarchy, which prioritizes the inputs to valuation techniques used in measuring fair value into three broad levels as follows: Level 1 -Quoted prices in active markets for identical assets or liabilities Level 2 -Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly Level 3 -Unobservable inputs based on the Company’s own assumptions Our debt is recorded at historical amounts. The following table presents the fair value of our debt and derivative contracts at both June 30, 2020 and December 31, 2019: June 30, December 31, Term Loan Facility $ 1,740 $ 1,820 Standard Bank Term Loan Facility 112 158 Senior Notes due 2025 418 459 Senior Notes due 2026 576 636 6.5% Senior Secured Notes due 2025 507 — Tikon Loan 16 16 Australian Government Loan 1 1 Interest rate swaps 62 22 Foreign currency contracts, net 24 37 We determined the fair value of the Term Loan Facility, the Senior Notes due 2025, the Senior Notes due 2026 and 6.5% Senior Secured Notes due 2025 using quoted market prices, which under the fair value hierarchy is a Level 1 input. We determined the fair value of the Standard Bank Term Loan Facility and Tikon Loan utilizing transactions in the listed markets for identical or similar liabilities, which under the fair value hierarchy is a Level 2 input. The fair value of the Australian Government Loan is based on the contracted amount which is a Level 2 input. We determined the fair value of the foreign currency contracts and the interest rate swaps using inputs other than quoted prices in active markets that are observable either directly or indirectly. The fair value hierarchy for the foreign currency contracts and interest rate swaps is a Level 2 input.

Asset Retirement Obligations

Asset Retirement Obligations	6 Months Ended
	Jun. 30, 2020
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligations	Asset Retirement Obligations Asset retirement obligations consist primarily of rehabilitation and restoration costs, landfill capping costs, decommissioning costs, and closure and post-closure costs. Activities related to asset retirement obligations were as follows: Three Months Ended Six Months Ended 2020 2019 2020 2019 Beginning balance $ 142 $ 75 $ 158 $ 74 Additions — 6 — 6 Accretion expense 2 3 5 4 Remeasurement/translation 12 — (9) — Other, including change in estimates — — — — Settlements/payments (1) (1) (3) (1) Transferred with the divestiture of Ashtabula — (3) — (3) Transferred in with the acquisition of Cristal — 94 — 94 Other acquisition and divestiture related — — 4 — Balance, June 30, $ 155 $ 174 $ 155 $ 174 June 30, 2020 December 31, 2019 Current portion included in “Accrued liabilities” $ 10 $ 16 Noncurrent portion included in “Asset retirement obligations” 145 142 Asset retirement obligations $ 155 $ 158

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase and Capital Commitments — Includes obligations for purchase requirements of process chemicals, supplies, utilities and services entered into in the ordinary course of business. At June 30, 2020, purchase commitments were $117 million for 2020, $83 million for 2021, $67 million for 2022, $54 million for 2023, $48 million for 2024, and $177 million thereafter. Letters of Credit —At June 30, 2020, we had outstanding letters of credit and bank guarantees of $73 million, of which $34 million were letters of credit and $39 million were bank guarantees. Amounts for performance bonds were not material. Environmental Matters — It is our policy to record appropriate liabilities for environmental matters when remedial efforts are probable and the costs can be reasonably estimated. Such liabilities are based on our best estimate of the undiscounted future costs required to complete the remedial work. The recorded liabilities are adjusted periodically as remediation efforts progress or as additional technical, regulatory or legal information becomes available. Given the uncertainties regarding the status of laws, regulations, enforcement policies, the impact of other potentially responsible parties, technology and information related to individual sites, we do not believe it is possible to develop an estimate of the range of reasonably possible environmental loss in excess of our recorded liabilities. We expect to fund expenditures for these matters from operating cash flows. The timing of cash expenditures depends principally on the timing of remedial investigations and feasibility studies, regulatory approval of cleanup projects, remedial techniques to be utilized and agreements with other parties. Included in these environmental matters are the following: Hawkins Point Plant. Residual waste mud, known as Batch Attack Mud, and a spent sulfuric waste stream were deposited in an onsite repository (the “Batch Attack Lagoon”) at a former TiO 2 manufacturing site, Hawkins Point Plant in Baltimore, Maryland, operated by Cristal USA, Inc. from 1954 until 2011. We assumed responsibility for remediation of the Hawkins Point Plant when we acquired the TiO 2 business of Cristal in April 2019. In 1984, a predecessor of Cristal and the Maryland Department of the Environment (“MDE”) entered into a consent decree (the “Consent Decree”) to address the Batch Attack Lagoon. The Consent Decree required that Cristal close the Batch Attack Lagoon when the Hawkins Point Plant ceased operations. In addition, we are investigating whether hazardous substances are migrating from the Batch Attack Lagoon. A provision of $61 million has been made in our financial statements for the Hawkins Point Plant consistent with the accounting policy described above. We are in discussions with the MDE regarding a new consent decree to address both the Batch Attack Lagoon as well as other environmental contamination issues associated with the Hawkins Point Plant. Other Matters — We are subject to a number of other lawsuits, investigations and disputes (some of which involve substantial amounts claimed) arising out of the conduct of our business, including matters relating to commercial transactions, prior acquisitions and divestitures, including our acquisition of Cristal, employee benefit plans, intellectual property, and environmental, health and safety matters. We recognize a liability for any contingency that is probable of occurrence and reasonably estimable. We continually assess the likelihood of adverse judgments of outcomes in these matters, as well as potential ranges of possible losses (taking into consideration any insurance recoveries), based on a careful analysis of each matter with the assistance of outside legal counsel and, if applicable, other experts. Included in these other matters is the following: Venator Materials plc v. Tronox Limited. In May 2019, Venator Materials plc (“Venator”) filed an action in the Superior Court of the State of Delaware alleging among other things that we owed Venator a $75 million “Break Fee” pursuant to the terms of a preliminary agreement dated July 14, 2018 (the “Exclusivity Agreement”). The Exclusivity Agreement required, among other things, Tronox and Venator to use their respective best efforts to negotiate a definitive agreement to sell the entirety of the National Titanium Dioxide Company Limited’s (“Cristal’s”) North American operations to Venator if a divestiture of all or a substantial part of these operations were required to secure the approval of the Federal Trade Commission for us to complete our acquisition of Cristal’s TiO 2 business. In June 2019, we denied Ventaor's claims and counterclaimed against Venator seeking to recover $400 million in damages from Venator that we suffered as a result of Venator’s breaches of the Exclusivity Agreement. Specifically, we alleged, among other things, that Venator’s failure to use best efforts constituted a material breach of the Exclusivity Agreement and directly resulted in and caused us to sell Cristal’s North American operations to an alternative buyer for $701 million, $400 million less than the price Venator had agreed to in the Exclusivity Agreement. Though we believe that our interpretation of the Exclusivity Agreement is correct, there can be no assurance that we will prevail in litigation.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss Attributable to Tronox Holdings plc	6 Months Ended
	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss Attributable to Tronox Holdings plc	Accumulated Other Comprehensive Loss Attributable to Tronox Holdings plc The tables below present changes in accumulated other comprehensive loss by component for the three months ended June 30, 2020 and 2019. Cumulative Pension Unrealized Total Balance, March 31, 2020 $ (644) $ (103) $ (82) $ (829) Other comprehensive income (loss) 16 (2) 40 54 Amounts reclassified from accumulated other comprehensive income — 1 6 7 Balance, June 30, 2020 $ (628) $ (104) $ (36) $ (768) Cumulative Pension Unrealized Total Balance, March 31, 2019 $ (517) $ (95) $ — $ (612) Other comprehensive income (loss) 18 — (23) (5) Amounts reclassified from accumulated other comprehensive income — 1 — 1 Balance, June 30, 2019 $ (499) $ (94) $ (23) $ (616) The tables below present changes in accumulated other comprehensive income (loss) by component for the six months ended June 30, 2020 and 2019. Cumulative Pension Unrealized Total Balance, January 1, 2020 $ (503) $ (104) $ 1 $ (606) Other comprehensive loss (125) (2) (48) (175) Amounts reclassified from accumulated other comprehensive income — 2 11 13 Balance, June 30, 2020 $ (628) $ (104) $ (36) $ (768) Cumulative Pension Unrealized Total Balance, January 1, 2019 $ (445) $ (95) $ — $ (540) Other comprehensive income (loss) 7 — (23) (16) Amounts reclassified from accumulated other comprehensive income — 1 — 1 Acquisition of noncontrolling interest (61) — — (61) Balance, June 30, 2019 $ (499) $ (94) $ (23) $ (616)

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	Share-Based Compensation Tronox Holdings plc Amended and Restated Management Equity Incentive Plan On March 27, 2019, in connection with the re-domicile transaction, Tronox Holdings plc assumed the management equity incentive plan previously adopted by Tronox Limited, which plan was renamed the Tronox Holdings plc Amended and Restated Management Equity Incentive Plan ("MEIP"). The amendments to the plan were made to provide, among other things, for the appropriate substitution of Tronox Holdings in place of Tronox Limited and to ensure the compliance with the laws of England and Wales law in place of Australian law. The MEIP permits the grant of awards that are comprised of incentive options, nonqualified options, share appreciation rights, restricted shares, restricted share units, performance awards, and other share-based awards, cash payments, and other forms as the compensation committee of the Board of Directors (the “Board”) in its discretion deems appropriate, including any combination of the above. Subject to further adjustment, as of December 31, 2019, the maximum number of shares which may be subject to awards (inclusive of incentive options) is 20,781,225 ordinary shares. The maximum number of shares which may be subject to awards under our MEIP was increased by 8,000,000 on the affirmative vote of our shareholders on June 24, 2020. Restricted Share Units (“RSUs”) 2020 Grant - During first and second quarters of 2020, the Company granted both time-based and performance-based awards to certain members of management and to members of the Board. A total of 1,591,511 of time-based awards were granted to management which will vest ratably over a three-year period ending March 5, 2023. A total of 183,374 of time-based awards were granted to members of the Board of which 21,654 vested in June 2020 and 161,720 will vest in May 2021. A total of 1,501,092 of performance-based awards were granted, of which 750,546 of the awards vest based on a relative Total Shareholder Return ("TSR") calculation and 750,546 of the awards vest based on certain performance metrics of the Company. The non-TSR performance-based awards vest on March 5, 2023 based on the achievement against the target average company performance of three separate performance periods, commencing on January 1 of each 2020, 2021, and 2022 and ending on December 31 of each 2020, 2021 and 2022, for which, for each performance period, the performance metric is an average annual operating return on net assets (ORONA). Similar to the Company's historical TSR awards granted in prior years, the TSR awards vest based on the Company's three-year TSR versus the peer group performance levels. Given these terms, the TSR metric is considered a market condition for which we used a Monte Carlo simulation to determine the weighted average grant date fair value of $10.02. The following weighted average assumptions were utilized to value the TSR grants: 2020 Dividend yield 2.13 % Expected historical volatility 58.30 % Risk free interest rate 1.42 % Expected life (in years) 3 The unrecognized compensation cost associated with all unvested awards at June 30, 2020 was $47 million, adjusted for estimated forfeitures, which is expected to be recognized over a weighted-average period of approximately 1.8 years. During the three and six months ended June 30, 2020, we recorded $2 million and $11 million of stock compensation expense respectively which is inclusive of a $6 million credit for the reversal of expense due to the 2018 performance grants. During the three and six months ended June 30, 2019, we recorded $7 million and $15 million of stock compensation expense respectively.

Pension and Other Postretiremen

Pension and Other Postretirement Healthcare Benefits	6 Months Ended
	Jun. 30, 2020
Retirement Benefits [Abstract]
Pension and Other Postretirement Healthcare Benefits	Pension and Other Postretirement Healthcare Benefits The components of net periodic cost associated with our U.S. and foreign pension plans recognized in the unaudited Condensed Consolidated Statements of Operations were as follows: Pensions Pensions Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Net periodic cost: Service cost $ 2 $ 1 $ 3 $ 1 Interest cost 4 6 9 9 Expected return on plan assets (5) (7) (11) (10) Net amortization of actuarial loss and prior service credit 1 1 2 1 Total net periodic cost $ 2 $ 1 $ 3 $ 1 The components of net periodic cost associated with our other postretirement healthcare plans were less than $1 million for each of the three months ended June 30, 2020 and 2019. The components of net periodic cost associated with our post retirement healthcare plans were $1 million for each of the six months ended ended June 30, 2020 and 2019. Tronox estimates that 2020 required contributions to its pension plans will be approximately $16 million, of which $8 million have been made through June 30, 2020. For the both the three months and six months ended June 30, 2020 and 2019, we contributed $1 million and $2 million, respectively, to the Netherlands Multiemployer Plan, which was primarily recognized in “Cost of goods sold” in the unaudited Condensed Consolidated Statement of Operations.

Related Parties

Related Parties	6 Months Ended
	Jun. 30, 2020
Related Party Transactions [Abstract]
Related Parties	Related Parties Exxaro On November 26, 2018, we, certain of our subsidiaries and Exxaro entered into the Completion Agreement. The Completion Agreement provides for the orderly sale of Exxaro’s remaining ownership interest in us, subject to market conditions, helped to facilitate the re-domicile transaction, as well as addressed several legacy issues related to our 2012 acquisition of Exxaro’s mineral sands business. Pursuant to the terms of the Completion Agreement, Tronox has covenanted to pay Exxaro an amount equal to any South African capital gains tax assessed on Exxaro in respect of any profit arising to it on a disposal of any of its ordinary shares subsequent to the re-domicile transaction where such tax would not have been assessed but for the re-domicile transaction. Similarly, Exxaro has covenanted to pay Tronox an amount equal to any South African tax savings Exxaro may realize in certain situations from any tax relief that would not have arisen but for the re-domicile transaction. Pursuant to the terms of the Completion Agreement, on May 9, 2019, Exxaro exercised their right under the agreement to sell 14 million shares to us for an aggregate purchase price of approximately $200 million or $14.319 per share, plus fees of approximately $1 million. The share price was based upon a 5% discount to the 10 day volume weighted average price as of the day that Exxaro exercised their sale notice to us. Upon repurchase of the shares by the Company, the shares were cancelled. As a result of the sale of the $14 million shares on May 9, 2019, we recorded a liability of $4 million which was included in “Accrued liabilities” in our Consolidated Balance Sheets as of December 31, 2019 and was subsequently paid in January 2020. Futhermore, pursuant to the Completion Agreement, the parties agreed to accelerate our purchase of Exxaro's 26% membership interest in Tronox Sands LLP, a U.K. limited liability partnership ("Tronox Sands"). On February 15, 2019, we completed the redemption of Exxaro's ownership interest in Tronox Sands for consideration of approximately ZAR 2.06 billion (or approximately $148 million in cash), which represented Exxaro's indirect share of the loan accounts in our South African subsidiaries. At June 30, 2020, Exxaro continues to own approximately 14.7 million shares of Tronox, or a 10.3% ownership interest, as well as their 26% ownership interest in our South African operating subsidiaries. At the present time, we are unable to reasonably determine when and if Exxaro will sell its remaining shares in the foreseeable future, and as a result, we are not able to estimate what the capital gains tax impacts would be should Exxaro sell its remaining shares. Tasnee/Cristal On April 10, 2019, we announced the completion of the acquisition of the TiO 2 business of Cristal for $1.675 billion of cash, subject to a working capital and noncurrent liability adjustment, plus 37,580,000 ordinary shares. At June 30, 2020, Cristal International Holdings B.V. (formerly known as Cristal Inorganic Chemical Netherlands Cooperatief W.A.), a wholly-owned subsidiary of Tasnee, continues to own 37,580,000 shares of Tronox, or a 26% ownership interest. In February 2020, Tronox and Cristal resolved the working capital and noncurrent liability adjustment by agreeing that no payment was required by either party. On May 9, 2018, we entered into an Option Agreement with AMIC which is owned equally by Tasnee and Cristal. Under the terms of the Option Agreement, AMIC granted us an option (the “Option”) to acquire 90% of a special purpose vehicle (the “SPV”), to which AMIC’s ownership in a titanium slag smelter facility (the “Slagger”) in The Jazan City for Primary and Downstream Industries in KSA will be contributed together with $322 million of AMIC indebtedness (the “AMIC Debt”). The Option may be exercised if the Slagger achieves certain production criteria related to sustained quality and tonnage of slag produced (the “Option Criteria”). Likewise, AMIC may require us to acquire the Slagger on the same terms if the Option Criteria are satisfied. Furthermore, pursuant to the Option Agreement and during its term, we agreed to lend AMIC and, upon the creation of the SPV, the SPV up to $125 million for capital expenditures and operational expenses intended to facilitate the start-up of the Slagger (the “Tronox Loans”). Such funds may be drawn down by AMIC and the SPV, as the case may be, on a quarterly basis as needed based on a budget reflecting the anticipated needs of the Slagger start-up. As of June 30, 2020, we have loaned $101 million for capital expenditures and operational expenses to facilitate the startup of the Slagger and we have recorded this loan payment and related interest of $5 million within “Other long-term assets” on the unaudited Condensed Consolidated Balance Sheet at June 30, 2020. The Option did not have a significant impact on the financial statements as of or for the periods ended June 30, 2020. On May 13, 2020, we amended the Option Agreement (the "First Amendment") with AMIC to address circumstances in which the Option Criteria cannot be satisfied. Pursuant to the First Amendment, Tronox has the right to acquire the SPV in exchange for its forgiveness of the Tronox Loan, up to $125 million of principal amount and any interest accrued thereon of the Tronox Loans plus or minus 90% of the SPV’s net working capital. The Second Option did not have a significant impact on our financial statements as of or for the period ended June 30, 2020. Additionally, on May 13, 2020, we amended a Technical Services Agreement that we had entered with AMIC on March 15, 2018, to add project management support services. Under this arrangement, AMIC and its consultants are still responsible for engineering and construction of the Slagger while we provide technical advice and project management services including supervision and management of third party consultants intended to satisfy the Option Criteria. As compensation for these services, Tronox receives a monthly management fee of approximately $1 million, which is recorded in “Other income (expense), net” within the unaudited Condensed Consolidated Statement of Operations and in “Prepaid and other assets” on the unaudited Condensed Consolidated Balance Sheet. The monthly management fee is subject to certain success incentives if and when the Slagger achieves the Option Criteria. In conjunction with closing of the Cristal Transaction on April 10, 2019, we entered into a transition services agreement with Tasnee, Cristal and AMIC. Under the terms of the transition services agreement, Tasnee and its affiliates will provide services to Tronox related to information technology support and infrastructure, logistics, safety, health and environmental, treasury and tax. Similarly, Tronox will provide services to Tasnee and its affiliates for information technology support and infrastructure, finance and accounting, tax, treasury, human resources, logistics, research and development and business development. As part of the transition services agreement, Tronox recorded a net reduction of approximately $1 million in “Selling, general and administrative expenses” for both the three and six months ended June 30, 2020, respectively, in the unaudited Condensed Consolidated Statement of Operations. The net reduction of selling, general and administrative expenses associated with the transition services agreement generally represents a recovery of the related costs. At June 30, 2020, Tronox had a receivable due from Tasnee of $12 million and a payable due to Tasnee of $5 million that are recorded within “Prepaid and other assets” and “Accrued liabilities”, respectively, on the unaudited Condensed Consolidated Balance Sheet. The balance in prepaid and other assets and remaining balances in accrued liabilities primarily relate to pre-acquisition activity and those balances are expected to be settled in the near term. On December 29, 2019, we entered into an agreement with Cristal to acquire certain assets co-located at our Yanbu facility which produces metal grade TiCl 4 ("MGT"). Consideration for the acquisition is the assumption by Tronox of a $36 million note payable to Cristal. The MGT is used at a titanium "sponge" plant facility, 65% of the ownership interests of which are held by Advanced Metal Industries Cluster and Toho Titanium Metal Co. Ltd ("ATTM"), a joint venture between AMIC and Toho Titanium Company Ltd. ATTM uses the TiCl 4 , which we supply by pipeline, for the production of titanium sponge, a precursor material used in the production of titanium metal. We currently operate the MGT asset for AMIC under an interim arrangement and expect this transaction to close in 2020. As a result of the transactions we have entered into related to the MGT assets, during the three and six months ended June 30, 2020, Tronox recorded $2 million and $3 million for purchase of chlorine gas from ATTM and such amounts are recorded in "Cost of goods sold" on the unaudited Condensed Consolidated Statement of Operations. The amount due to ATTM as of June 30, 2020 for the purchase of chlorine gas was less than $1 million and is recorded within “Accrued liabilities” on the unaudited Condensed Consolidated Balance Sheet. In addition, during the three and six months ended June 30, 2020, Tronox recorded $7 million and $13 million respectively, for MGT sales made to AMIC and such amounts were recorded in “Net sales” on the unaudited Condensed Consolidated Statement of Operations. At June 30, 2020, Tronox had a receivable from AMIC of $5 million from the sale of MGT that is recorded within “Prepaid and other assets” on the unaudited Condensed Consolidated Balance Sheet.

The Company (Policies)

The Company (Policies)	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying condensed consolidated financial statements are unaudited and have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission regarding interim financial reporting. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) for complete financial statements and should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2019. The acquisition of Cristal has impacted the comparability of our financial statements. As the Cristal Transaction was completed on April 10, 2019, in accordance with ASC 805, the three and six month periods ended June 30, 2019 only include the results of the Cristal business since the date of the acquisition, while the three and six month periods ended June 30, 2020 include the results of the combined business. In management’s opinion, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, considered necessary for a fair statement of its financial position as of June 30, 2020, and its results of operations for the three and six months ended June 30, 2020 and 2019. Our unaudited condensed consolidated financial statements include the accounts of all majority-owned subsidiary companies. All intercompany balances and transactions have been eliminated in consolidation. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. It is at least reasonably possible that the effect on the financial statements of a change in estimate due to one or more future confirming events could have a material effect on the financial statements, including any potential impacts on the economy as a result of the Covid-19 pandemic which could impact revenue growth and collectibility of trade receivables.
Recently Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (“Topic 820”): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement. The standard modifies the disclosure requirements in Topic 820, Fair Value Measurement, by: removing certain disclosure requirements related to the fair value hierarchy; modifying existing disclosure requirements related to measurement uncertainty; and adding new disclosure requirements, such as disclosing the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period and disclosing the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. This standard is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2019, with early adoption permitted. We adopted this standard on January 1, 2020 and it did not have a material impact on the Company's consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), as amended. The standard introduces a new accounting model for expected credit losses on financial instruments, including trade receivables, based on estimates of current expected credit losses (CECL). This standard became effective on January 1, 2020, and had an immaterial impact on the Company's consolidated financial statements as our historical bad debt expense has not been material. Recently Issued Accounting Pronouncements
Fair Value	Fair Value Accounting standards define fair value as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. The accounting standards also have established a fair value hierarchy, which prioritizes the inputs to valuation techniques used in measuring fair value into three broad levels as follows: Level 1 -Quoted prices in active markets for identical assets or liabilities Level 2 -Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly Level 3 -Unobservable inputs based on the Company’s own assumptions

Acquisitions and Related Dive_2

Acquisitions and Related Divestitures (Tables)	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Schedule of Final Purchase Price Recognized and Estimated Fair Value of Net Assets Acquired	The final purchase price consideration and estimated fair value of Cristal's net assets acquired on April 10, 2019 are shown below. The assets and liabilities of Cristal's North American TiO 2 business, that was subsequently divested on May 1, 2019, are shown as held for sale in the fair value of assets acquired and liabilities assumed. Fair Value Purchase Price Consideration: Tronox Holdings plc shares issued 37,580,000 Tronox Holdings plc closing price per share on April 10, 2019 $ 14.00 Total fair value of Tronox Holdings plc shares issued at acquisition date $ 526 Cash consideration paid $ 1,675 Total purchase price $ 2,201 Fair Value Fair Value of Assets Acquired: Accounts receivable $ 251 Inventory 689 Deferred tax assets 51 Prepaid and other assets 81 Property, plant and equipment 759 Mineral leaseholds 95 Intangible assets 64 Lease right of use assets 40 Other long-term assets 43 Assets held for sale 850 Total assets acquired $ 2,923 Less: Liabilities Assumed Accounts payable $ 102 Accrued liabilities 137 Short-term lease liabilities 13 Deferred tax liabilities 2 Pension and postretirement healthcare benefits 76 Environmental liabilities 72 Asset retirement obligations 75 Long-term debt 22 Long-term lease liabilities 24 Other long-term liabilities 20 Liabilities held for sale 131 Total liabilities assumed $ 674 Less noncontrolling interest 48 Purchase price $ 2,201
Pro Forma Information	In accordance with ASC 805, the supplemental pro forma results of operations for the three and six months ended June 30, 2019, which were updated subsequently to reflect final purchase price allocation adjustments, are as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 Net sales $ 827 $ 1,547 Net income from continuing operations attributable to Tronox Holdings plc $ 26 $ 3

Restructuring Initiatives (Tabl

Restructuring Initiatives (Tables)	6 Months Ended
	Jun. 30, 2020
Restructuring and Related Activities [Abstract]
Liability Balance for Restructuring Plan	The liability balance for restructuring as of June 30, 2020, is as follows: Employee- Balance, December 31, 2019 $ 10 First Quarter 2020 charges 2 Cash payments (4) Foreign exchange and other 1 Balance, March 31, 2020 $ 9 Second Quarter 2020 charges — Cash payments (5) Foreign exchange and other — Balance, June 30, 2020 $ 4

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Net sales to external customers by geographic areas where our customers are located were as follows: Three Months Ended Six Months Ended 2020 2019 2020 2019 North America $ 154 $ 180 $ 332 $ 318 South and Central America 21 48 61 61 Europe, Middle-East and Africa 201 316 493 446 Asia Pacific 202 247 414 356 Total net sales $ 578 $ 791 $ 1,300 $ 1,181 Net sales from external customers for each similar type of product were as follows: Three Months Ended Six Months Ended 2020 2019 2020 2019 TiO 2 $ 466 $ 625 $ 1,046 $ 902 Zircon 68 88 133 152 Feedstock and other products 44 78 121 127 Total net sales $ 578 $ 791 $ 1,300 $ 1,181

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]
Summary of Operations of Discontinued Operation	The following table presents a summary of operations of Cristal’s North American TiO 2 business and Cristal Metals line items constituting the "Income from discontinued operations, net of tax" in our unaudited Condensed Consolidated Statements of Operations: Three and Six Months Ended June 30, 2019 Net sales $ 41 Cost of goods sold 29 Gross profit 12 Selling, general and administrative expense (3) Income before income taxes 9 Income tax benefit (provision) (10) Net loss from discontinued operations, net of tax $ (1)

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income (loss) from continuing operations before income taxes is comprised of the following: Three Months Ended Six Months Ended 2020 2019 2020 2019 Income tax (provision) benefit $ (10) $ 4 $ (16) $ 2 Income (loss) from continuing operations before income taxes $ 6 $ (59) $ 52 $ (87) Effective tax rate 167 % (7) % 31 % (2) %

Income (Loss) Per Share (Tables

Income (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Computation of Basic and Diluted Income (Loss) per Share	The computation of basic and diluted loss per share for the periods indicated is as follows: Three Months Ended Six Months Ended 2020 2019 2020 2019 Numerator - Basic and Diluted: Net income (loss) from continuing operations $ (4) $ (55) $ 36 $ (85) Less: Net income attributable to noncontrolling interest — 6 8 10 Undistributed net income (loss) from continuing operations attributable to Tronox Holdings plc (4) (61) 28 (95) Net loss from discontinued operations — (1) — (1) Net income (loss) available to ordinary shares $ (4) $ (62) $ 28 $ (96) Denominator - Basic and Diluted: Weighted-average ordinary shares, basic (in thousands) 143,465 150,686 143,080 137,569 Weighted-average ordinary shares, diluted (in thousands) 143,465 150,686 143,644 137,569 Basic net income (loss) from continuing operations per ordinary share $ (0.03) $ (0.41) $ 0.19 $ (0.69) Basic net income from discontinued operations per ordinary share — — — — Basic net income (loss) operations per ordinary share $ (0.03) $ (0.41) $ 0.19 $ (0.69) Diluted net income (loss) from continuing operations per ordinary share $ (0.03) $ (0.41) $ 0.19 $ (0.69) Diluted net income from discontinued operations per ordinary share — — — — Diluted net income (loss) operations per ordinary share $ (0.03) $ (0.41) $ 0.19 $ (0.69)
Anti-Dilutive Shares Not Recognized in Diluted Net Income (Loss) per Share Calculation	Anti-dilutive shares not recognized in the diluted net income (loss) per share calculation for the three and six months ended June 30, 2020 and 2019 were as follows: Shares Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Options 1,208,055 1,269,443 1,208,055 1,269,443 Restricted share units 6,831,965 5,206,611 6,831,965 5,206,611

Inventories, Net (Tables)

Inventories, Net (Tables)	6 Months Ended
	Jun. 30, 2020
Inventory Disclosure [Abstract]
Inventories, Net	Inventories, net consisted of the following: June 30, December 31, Raw materials $ 172 $ 205 Work-in-process 109 129 Finished goods, net 677 573 Materials and supplies, net 216 224 Inventories, net – current $ 1,174 $ 1,131

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)	6 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net of Accumulated Depreciation	Property, plant and equipment, net of accumulated depreciation, consisted of the following: June 30, December 31, Land and land improvements $ 177 $ 191 Buildings 327 340 Machinery and equipment 1,934 2,028 Construction-in-progress 174 156 Other 57 54 Subtotal 2,669 2,769 Less: accumulated depreciation (1,027) (1,007) Property, plant and equipment, net $ 1,642 $ 1,762
Depreciation Expense Related to Property Plant and Equipment	The table below summarizes depreciation expense related to property, plant and equipment for the periods presented, recorded in the specific line items in our unaudited Condensed Consolidated Statements of Operations: Three Months Ended Six Months Ended 2020 2019 2020 2019 Cost of goods sold $ 52 $ 58 $ 109 $ 90 Selling, general and administrative expenses 1 1 3 2 Total $ 53 $ 59 $ 112 $ 92

Mineral Leaseholds, Net (Tables

Mineral Leaseholds, Net (Tables)	6 Months Ended
	Jun. 30, 2020
Extractive Industries [Abstract]
Mineral Leaseholds, Net of Accumulated Depletion	Mineral leaseholds, net of accumulated depletion, consisted of the following: June 30, December 31, Mineral leaseholds $ 1,301 $ 1,352 Less: accumulated depletion (523) (500) Mineral leaseholds, net $ 778 $ 852

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, Net of Accumulated Amortization	Intangible assets, net of accumulated amortization, consisted of the following: June 30, 2020 December 31, 2019 Gross Cost Accumulated Net Carrying Gross Cost Accumulated Net Carrying Customer relationships $ 291 $ (183) $ 108 $ 291 $ (173) $ 118 TiO 2 technology 94 (21) 73 92 (17) 75 Internal-use software 50 (36) 14 49 (34) 15 Intangible assets, net $ 435 $ (240) $ 195 $ 432 $ (224) $ 208
Finite-lived Intangible Assets Amortization Expense	The table below summarizes amortization expense related to intangible assets for the periods presented, recorded in the specific line items in our unaudited Condensed Consolidated Statements of Operations: Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Cost of goods sold $ — $ 1 $ 1 $ 1 Selling, general and administrative expenses 7 7 16 13 Total $ 7 $ 8 $ 17 $ 14

Balance Sheet and Cash Flow S_2

Balance Sheet and Cash Flow Supplemental Information (Tables)	6 Months Ended
	Jun. 30, 2020
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued liabilities consisted of the following: June 30, 2020 December 31, 2019 Employee-related costs and benefits $ 98 $ 103 Related party payables 6 7 Interest 21 16 Sales rebates 28 39 Restructuring 4 10 Taxes other than income taxes 14 6 Asset retirement obligations 10 16 Interest rate swaps 62 22 Currency contracts 10 — Professional fees and other 52 60 Liabilities held for sale — 4 Accrued liabilities $ 305 $ 283
Schedule of Cash Flow, Supplemental Disclosures	Additional supplemental cash flow information for the six months ended June 30, 2020 and 2019 and as of June 30, 2020 and December 31, 2019 is as follows: Six Months Ended June 30, Supplemental non cash information: 2020 2019 Investing activities- shares issued in the Cristal acquisition $ — $ 526 Financing activities- debt assumed in the Cristal acquisition $ — $ 22 June 30, 2020 December 31, 2019 Capital expenditures acquired but not yet paid $ 21 $ 23

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Long-Term Debt, Net of Unamortized Discount and Debt Issuance Costs	Long-term debt, net of an unamortized discount and debt issuance costs, consisted of the following: Original Annual Maturity June 30, 2020 December 31, 2019 Term Loan Facility, net of unamortized discount (1)(4) $ 2,150 Variable 9/22/2024 $ 1,806 $ 1,805 Senior Notes due 2025 450 5.75 % 10/1/2025 450 450 Senior Notes due 2026 615 6.50 % 4/15/2026 615 615 6.5% Senior Secured Notes due 2025 (3) 500 6.50 % 5/1/2025 500 — Standard Bank Term Loan Facility (1)(2) 222 Variable 3/25/2024 112 158 Tikon Loan N/A Variable 5/23/2021 16 16 Australian Government Loan, net of unamortized discount N/A N/A 12/31/2036 1 1 Finance leases 12 15 Long-term debt 3,512 3,060 Less: Long-term debt due within one year (46) (38) Debt issuance costs (39) (34) Long-term debt, net $ 3,427 $ 2,988 _______________ (1) Average effective interest rate on the Term Loan Facility of 4.7% and 5.8% during the six months ended June 30, 2020 and 2019, respectively. Average effective interest rate on the Standard Bank Term Loan Facility of 8.9% and 9.8% during the six months ended June 30, 2020 and 2019, respectively. (2) The Standard Bank Term Loan Facility contains financial covenants relating to certain ratio tests. (3) On May 1, 2020, Tronox Incorporated, a wholly-owned indirect subsidiary of the Company, issued 6.5% senior secured notes due 2025 for an aggregate principal amount of $500 million (the "6.5% Senior Secured Notes due 2025"), which were issued under an indenture dated May 1, 2020. A portion of the proceeds of this debt offering was utilized to repay the $200 million of the Company's outstanding borrowings under its Wells Fargo, Standard Bank, and Emirates revolvers which was originally borrowed during the first quarter of 2020. (4) The Term Loan Facility consists of (i) a U.S. dollar term facility in an aggregate principal amount of $1.5 billion (the “Term Loans”) with our subsidiary, Tronox Finance LLC (“Tronox Finance”) as the borrower and (ii) a U.S. dollar term facility in an aggregate principal amount of $650 million (the “Blocked Term Loan”) with our unrestricted subsidiary, Tronox Blocked Borrower LLC (the “Blocked Borrower”) as the borrower, which Blocked Term Loan was funded into a blocked account. Upon consummation of the Cristal Transaction on April 10, 2019, the Blocked Borrower merged with and into Tronox Finance, and the Blocked Term Loan became available to Tronox Finance.
Schedule of Short-term Debt and Available Facilities	Short-term debt and available facilities consisted of the following: Annual Interest Rate Maturity Date June 30, 2020 December 31, 2019 Wells Fargo Revolver (1) Variable 9/22/2022 $ — $ — Standard Bank Revolver (2) Variable 3/25/2022 — — Emirates Revolver (3) Variable 3/31/2021 — — SABB Credit Facility Variable 11/30/2020 13 — Short-term debt (4) $ 13 $ — _______________ (1) In March 2019, the Wells Fargo Revolver was amended, which amongst other things, modified certain components of the borrowing base in order to increase the potential availability of credit. We also voluntarily reduced the revolving credit lines under the Wells Fargo Revolver from $550 million to $350 million. As a result of this modification, we accelerated the recognition of a portion of the deferred financing costs related to the Wells Fargo Revolver and during the six months ended June 30, 2019, recorded a charge of $2 million in “Loss on extinguishment of debt” within the unaudited Condensed Consolidated Statement of Operations. No charges were recorded during the three months ended June 30, 2019. At June 30, 2020, there were $30 million of issued and undrawn letters of credit under the Wells Fargo Revolver. The Wells Fargo Revolver contains a springing financial covenant that requires the Company and its restricted subsidiaries to maintain a consolidated fixed charge coverage ratio of at least 1.0:1.0 during certain test periods based on borrowing availability under the Wells Fargo Revolver or following the occurrence of specified events of default. (2) In connection with the Standard Bank Credit Facility ("Standard Bank Revolver") entered into on March 25, 2019, the ABSA Revolving Credit Facility ("ABSA Revolver") was terminated on March 26, 2019. As a result of the termination, we accelerated the recognition of the remaining deferred financing costs related to the ABSA Revolver during the six months ended June 30, 2019 and recorded less than $1 million in “Loss on extinguishment of debt” within the unaudited Condensed Consolidated Statement of Operations. No charges were recorded during the three months ended June 30, 2019. (3) In March 2020, the Company entered into an amendment to, amongst other things, extend the maturity date of the Emirates Revolver from March 31, 2020 to March 31, 2021. (4) In March 2020, the Company drew down $200 million of borrowings under its Wells Fargo, Standard Bank, and Emirates revolvers in order to increase liquidity and preserve financial flexibility which was repaid in May 2020 with a portion of the proceeds of the 6.5% Senior Secured Notes due 2025. Additionally, during the six months ended June 30, 2020, our KSA subsidiary drew down $13 million on its SABB Credit Facility for local working capital purposes. At June 30, 2020, the short-term debt balance was $13 million based on the June 30, 2020 exchange rate. There were no comparable amounts outstanding as of December 31, 2019.

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivatives Outstanding	The following table is a summary of the fair value of derivatives outstanding at June 30, 2020 and December 31, 2019: Fair Value June 30, 2020 December 31, 2019 Assets(a) Accrued Liabilities Assets(a) Accrued Liabilities Derivatives Designated as Cash Flow Hedges Currency Contracts $ 33 $ 6 $ 30 $ — Interest Rate Swaps $ — $ 62 $ — $ 22 Total Hedges $ 33 $ 68 $ 30 $ 22 Derivatives Not Designated as Cash Flow Hedges Currency Contracts $ 1 $ 4 $ 7 $ — Total Derivatives $ 34 $ 72 $ 37 $ 22 (a) At June 30, 2020, current assets of $18 million are recorded in prepaid and other current assets and long-term assets of $16 million are recorded in other long-term assets. At December 31, 2019, current assets of $34 million were recorded in prepaid and other current assets and long-term assets of $3 million are recorded in other long-term assets.
Schedule of Derivatives Instruments Impact on Statement of Operation	The following table summarizes the impact of the Company's derivatives on the unaudited Condensed Consolidated Statement of Operations: Amount of Pre-Tax Gain (Loss) Recognized in Earnings Amount of Pre-Tax Gain (Loss) Recognized in Earnings Revenue Cost of Goods Sold Other Income (Expense), net Revenue Cost of Goods Sold Other Income (Expense), net Three Months Ended June 30, 2020 Three Months Ended June 30, 2019 Derivatives Not Designated as Hedging Instruments Currency Contracts $ — $ — $ 8 $ — $ — $ 1 Derivatives Designated as Hedging Instruments Currency Contracts $ (5) $ (1) $ — $ — $ — $ — Total Derivatives $ (5) $ (1) $ 8 $ — $ — $ 1 Amount of Pre-Tax Gain (Loss) Recognized in Earnings Amount of Pre-Tax Gain (Loss) Recognized in Earnings Revenue Cost of Goods Sold Other Income (Expense), net Revenue Cost of Goods Sold Other Income (Expense), net Six Months Ended June 30, 2020 Six Months Ended June 30, 2019 Derivatives Not Designated as Hedging Instruments Currency Contracts $ — $ — $ (8) $ — $ — $ 6 Derivatives Designated as Hedging Instruments Currency Contracts $ (6) $ (5) $ — $ — $ — $ — Total Derivatives $ (6) $ (5) $ (8) $ — $ — $ 6

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value of Debt and Derivative Contracts	The following table presents the fair value of our debt and derivative contracts at both June 30, 2020 and December 31, 2019: June 30, December 31, Term Loan Facility $ 1,740 $ 1,820 Standard Bank Term Loan Facility 112 158 Senior Notes due 2025 418 459 Senior Notes due 2026 576 636 6.5% Senior Secured Notes due 2025 507 — Tikon Loan 16 16 Australian Government Loan 1 1 Interest rate swaps 62 22 Foreign currency contracts, net 24 37

Asset Retirement Obligations (T

Asset Retirement Obligations (Tables)	6 Months Ended
	Jun. 30, 2020
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligations	Asset retirement obligations consist primarily of rehabilitation and restoration costs, landfill capping costs, decommissioning costs, and closure and post-closure costs. Activities related to asset retirement obligations were as follows: Three Months Ended Six Months Ended 2020 2019 2020 2019 Beginning balance $ 142 $ 75 $ 158 $ 74 Additions — 6 — 6 Accretion expense 2 3 5 4 Remeasurement/translation 12 — (9) — Other, including change in estimates — — — — Settlements/payments (1) (1) (3) (1) Transferred with the divestiture of Ashtabula — (3) — (3) Transferred in with the acquisition of Cristal — 94 — 94 Other acquisition and divestiture related — — 4 — Balance, June 30, $ 155 $ 174 $ 155 $ 174 June 30, 2020 December 31, 2019 Current portion included in “Accrued liabilities” $ 10 $ 16 Noncurrent portion included in “Asset retirement obligations” 145 142 Asset retirement obligations $ 155 $ 158

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss Attributable to Tronox Holdings plc (Tables)	6 Months Ended
	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Changes in Accumulated Other Comprehensive Loss by Component	The tables below present changes in accumulated other comprehensive loss by component for the three months ended June 30, 2020 and 2019. Cumulative Pension Unrealized Total Balance, March 31, 2020 $ (644) $ (103) $ (82) $ (829) Other comprehensive income (loss) 16 (2) 40 54 Amounts reclassified from accumulated other comprehensive income — 1 6 7 Balance, June 30, 2020 $ (628) $ (104) $ (36) $ (768) Cumulative Pension Unrealized Total Balance, March 31, 2019 $ (517) $ (95) $ — $ (612) Other comprehensive income (loss) 18 — (23) (5) Amounts reclassified from accumulated other comprehensive income — 1 — 1 Balance, June 30, 2019 $ (499) $ (94) $ (23) $ (616) The tables below present changes in accumulated other comprehensive income (loss) by component for the six months ended June 30, 2020 and 2019. Cumulative Pension Unrealized Total Balance, January 1, 2020 $ (503) $ (104) $ 1 $ (606) Other comprehensive loss (125) (2) (48) (175) Amounts reclassified from accumulated other comprehensive income — 2 11 13 Balance, June 30, 2020 $ (628) $ (104) $ (36) $ (768) Cumulative Pension Unrealized Total Balance, January 1, 2019 $ (445) $ (95) $ — $ (540) Other comprehensive income (loss) 7 — (23) (16) Amounts reclassified from accumulated other comprehensive income — 1 — 1 Acquisition of noncontrolling interest (61) — — (61) Balance, June 30, 2019 $ (499) $ (94) $ (23) $ (616)

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
Weighted-Average Assumptions Utilized to Value Performance-Based Awards Based on Total Shareholder Return	The following weighted average assumptions were utilized to value the TSR grants: 2020 Dividend yield 2.13 % Expected historical volatility 58.30 % Risk free interest rate 1.42 % Expected life (in years) 3

Pension and Other Postretirem_2

Pension and Other Postretirement Healthcare Benefits (Tables)	6 Months Ended
	Jun. 30, 2020
Retirement Benefits [Abstract]
Net Periodic Cost Associated with the U.S. and Foreign Pension Plans	The components of net periodic cost associated with our U.S. and foreign pension plans recognized in the unaudited Condensed Consolidated Statements of Operations were as follows: Pensions Pensions Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Net periodic cost: Service cost $ 2 $ 1 $ 3 $ 1 Interest cost 4 6 9 9 Expected return on plan assets (5) (7) (11) (10) Net amortization of actuarial loss and prior service credit 1 1 2 1 Total net periodic cost $ 2 $ 1 $ 3 $ 1

The Company (Details)

The Company (Details) - facility	Apr. 10, 2019	Apr. 09, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of titanium dioxide pigment facilities in which entity operates	9	3

Acquisitions and Related Dive_3

Acquisitions and Related Divestitures - Narrative (Details) $ / shares in Units, € in Millions, $ in Millions	May 01, 2019USD ($)	Apr. 26, 2019EUR (€)	Apr. 10, 2019USD ($)$ / sharesshares	May 31, 2020USD ($)ton	Apr. 30, 2020USD ($)	Apr. 30, 2020EUR (€)	Jun. 30, 2020USD ($)shares	Mar. 31, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)shares	Jun. 30, 2019USD ($)	Dec. 31, 2019shares
Business Acquisition [Line Items]
Cash consideration paid										$ 0	$ 1,603
Number of ordinary shares to be issued for acquisition (in shares) | shares			37,580,000
Closing price per share (in dollars per share) | $ / shares			$ 14
Shares owned (in shares) | shares							143,523,476			143,523,476		141,900,459
Ownership percentage							26.00%			26.00%
Proceeds from sale of Ashtabula										$ 0	707
Contract loss							$ 0		$ 19	0	19
Net sales							578		791	1,300	1,181
Operating income							(49)		13	$ (128)	(3)
Affiliated Entity | Transition Services Agreement | INEOS
Business Acquisition [Line Items]
Agreement term										2 years
Cristal's North American Operations
Business Acquisition [Line Items]
Proceeds from divestiture of business	$ 701
Cristal's North American Operations | Discontinued Operations, Disposed of by Sale
Business Acquisition [Line Items]
Proceeds from sale of Ashtabula	$ 701
A8120 Paper Laminate Grade | Discontinued Operations, Disposed of by Sale
Business Acquisition [Line Items]
Proceeds from divestiture of business		€ 1			$ 3.9	€ 3.5
A8120 Paper Laminate Grade | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Business Acquisition [Line Items]
Contract loss									19
Venator Materials PLC
Business Acquisition [Line Items]
Supply agreement term		2 years
Total cash consideration | €		€ 8
Consideration amount receivable		€ 7					$ 8			$ 8
Venator Materials PLC | Maximum
Business Acquisition [Line Items]
Supply agreement extendable term		3 years
Tizir Titanium And Iron
Business Acquisition [Line Items]
Cash consideration paid				$ 300
Percentage per annum due until transaction closes				3.00%
Potential transaction fee, increase				$ 1
Amount placed in escrow										$ 18
Tizir Titanium And Iron | High-Grade Titanium Slag
Business Acquisition [Line Items]
Number of annual tons capacity to upgrade ilmenite to product | ton				230,000
Tizir Titanium And Iron | High-Purity Pig Iron
Business Acquisition [Line Items]
Number of annual tons capacity to upgrade ilmenite to product | ton				90,000
Tizir Titanium And Iron | Minimum
Business Acquisition [Line Items]
Potential termination fee				$ 18
Tizir Titanium And Iron | Maximum
Business Acquisition [Line Items]
Potential termination fee				$ 20
Cristal's Titanium Dioxide Business
Business Acquisition [Line Items]
Cash consideration paid			$ 1,675
Number of ordinary shares to be issued for acquisition (in shares) | shares			37,580,000
Closing price per share (in dollars per share) | $ / shares			$ 14
Purchase price			$ 2,201
Shares owned (in shares) | shares							37,580,000			37,580,000
Ownership percentage							26.00%			26.00%
Increase in environmental liabilities								$ 8
Increase in property, plant and equipment								13
Decrease in noncontrolling interest								3
Decrease in deferred taxes								6
Increase in liabilities held for sale								5
Decrease in inventory								$ 4
Increase to net loss									1
Net sales									353		353
Operating income									$ (48)		$ (48)
National Titanium Dioxide Company Ltd. | National Industrialization Company (Tasnee)
Business Acquisition [Line Items]
Ownership interest in Ltd.										79.00%

Acquisitions and Related Dive_4

Acquisitions and Related Divestitures - Final Purchase Price Recognized and Estimated Fair Value of Net Assets Acquired (Details) - USD ($) $ / shares in Units, $ in Millions	Apr. 10, 2019	Jun. 30, 2020	Jun. 30, 2019
Purchase Price Consideration:
Tronox Holdings plc shares issued (in shares)	37,580,000
Tronox Holdings plc closing price per share on April 10, 2019 (in dollars per share)	$ 14
Cash consideration paid		$ 0	$ 1,603
Cristal's Titanium Dioxide Business
Purchase Price Consideration:
Tronox Holdings plc shares issued (in shares)	37,580,000
Tronox Holdings plc closing price per share on April 10, 2019 (in dollars per share)	$ 14
Total fair value of Tronox Holdings plc shares issued at acquisition date	$ 526
Cash consideration paid	1,675
Total purchase price	2,201
Fair Value of Assets Acquired:
Accounts receivable	251
Inventory	689
Deferred tax assets	51
Prepaid and other assets	81
Property, plant and equipment	759
Mineral leaseholds	95
Intangible assets	64
Lease right of use assets	40
Other long-term assets	43
Assets held for sale	850
Total assets acquired	2,923
Less: Liabilities Assumed
Accounts payable	102
Accrued liabilities	137
Short-term lease liabilities	13
Deferred tax liabilities	2
Pension and postretirement healthcare benefits	76
Environmental liabilities	72
Asset retirement obligations	75
Long-term debt	22
Long-term lease liabilities	24
Other long-term liabilities	20
Liabilities held for sale	131
Total liabilities assumed	674
Less noncontrolling interest	48
Purchase price	$ 2,201

Acquisitions and Related Dive_5

Acquisitions and Related Divestitures - Pro Forma Information (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Business Combination, Description [Abstract]
Net sales	$ 827
Net income from continuing operations attributable to Tronox Holdings plc	$ 26
Cristal's Titanium Dioxide Business
Business Combination, Description [Abstract]
Net sales		$ 1,547
Net income from continuing operations attributable to Tronox Holdings plc		$ 3

Restructuring Initiatives (Deta

Restructuring Initiatives (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Restructuring Costs [Abstract]
Restructuring charges	$ 0		$ 10	$ 2	$ 10
Restructuring Reserve [Roll Forward]
Balance at beginning of period		$ 10		10
Balance at end of period	4			4
Employee-Related Costs
Restructuring Reserve [Roll Forward]
Balance at beginning of period	9	10		10
First Quarter 2020 charges	0	2
Cash payments	(5)	(4)
Foreign exchange and other	0	1
Balance at end of period	$ 4	$ 9		$ 4

Revenue - Narrative (Details)

Revenue - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2020USD ($)segmentcustomer	Jun. 30, 2019customer	Dec. 31, 2019USD ($)
Concentration Risk [Line Items]
Contract liability balance | $	$ 1		$ 1
Number of operating segments	1
Number of reportable segments	1
Ten Largest Third-party TiO2 Customers | Revenue Benchmark | Customer Concentration Risk
Concentration Risk [Line Items]
Number of largest customers representing specified percentage of net sales | customer	10	10
Concentration percentage	33.00%	31.00%

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Net sales	$ 578	$ 791	$ 1,300	$ 1,181
TiO2
Disaggregation of Revenue [Line Items]
Net sales	466	625	1,046	902
Zircon
Disaggregation of Revenue [Line Items]
Net sales	68	88	133	152
Feedstock and other products
Disaggregation of Revenue [Line Items]
Net sales	44	78	121	127
North America
Disaggregation of Revenue [Line Items]
Net sales	154	180	332	318
South and Central America
Disaggregation of Revenue [Line Items]
Net sales	21	48	61	61
Europe, Middle-East and Africa
Disaggregation of Revenue [Line Items]
Net sales	201	316	493	446
Asia Pacific
Disaggregation of Revenue [Line Items]
Net sales	$ 202	$ 247	$ 414	$ 356

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Millions	May 01, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net loss from discontinued operations, net of tax		$ 0	$ (1)	$ 0	$ (1)
Cristal's North American Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture of business	$ 701
Net sales			41		41
Cost of goods sold			29		29
Gross profit			12		12
Selling, general and administrative expense			(3)		(3)
Income before income taxes			9		9
Income tax benefit (provision)			(10)		(10)
Net loss from discontinued operations, net of tax			$ (1)		$ (1)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income tax (provision) benefit	$ (10)	$ 4	$ (16)	$ 2
Income (loss) from continuing operations before income taxes	$ 6	$ (59)	$ 52	$ (87)
Effective tax rate	167.00%	(7.00%)	31.00%	(2.00%)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($)	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2021
Income Taxes [Abstract]
Future Grantor Trust deductions	$ 2,200,000,000	$ 2,200,000,000
Unrecognized tax benefits	0	0
Maximum
Income Taxes [Abstract]
Net operating losses and interest limitation carryforwards subject to limitation upon ownership change		$ 5,500,000,000
U.K.
Income Taxes [Abstract]
Statutory tax rate		19.00%	19.00%
Australian Taxation Office | Domestic Tax Authority
Income Taxes [Abstract]
Statutory tax rate		30.00%
Internal Revenue Service (IRS)
Income Taxes [Abstract]
Statutory tax rate		21.00%
South Africa | Foreign Tax Authority
Income Taxes [Abstract]
Statutory tax rate		28.00%
Ministry of the Economy, Finance and Industry, France | Foreign Tax Authority
Income Taxes [Abstract]
Statutory tax rate		28.92%
Ministry of the Economy, Finance and Industry, France | Foreign Tax Authority | Forecast
Income Taxes [Abstract]
Statutory tax rate				25.00%
State Administration of Taxation, China | Foreign Tax Authority
Income Taxes [Abstract]
Statutory tax rate		25.00%
Secretariat of the Federal Revenue Bureau of Brazil | Foreign Tax Authority
Income Taxes [Abstract]
Statutory tax rate		34.00%
Kingdom of Saudi Arabia (KSA) | Foreign Tax Authority
Income Taxes [Abstract]
Statutory tax rate		20.00%
Impact to valuation allowance	$ 2,000,000	$ 2,000,000
Netherlands | Foreign Tax Authority
Income Taxes [Abstract]
Statutory tax rate		25.00%
Netherlands | Foreign Tax Authority | Forecast
Income Taxes [Abstract]
Statutory tax rate				21.70%

Income (Loss) Per Share - Compu

Income (Loss) Per Share - Computation of Basic and Diluted Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Numerator - Basic and Diluted:
Net income (loss) from continuing operations	$ (4)	$ (55)	$ 36	$ (85)
Less: Net income attributable to noncontrolling interest	0	6	8	10
Undistributed net income (loss) from continuing operations attributable to Tronox Holdings plc	(4)	(61)	28	(95)
Net loss from discontinued operations	0	(1)	0	(1)
Net income (loss) available to ordinary shares	$ (4)	$ (62)	$ 28	$ (96)
Denominator - Basic and Diluted:
Weighted-average ordinary shares, basic (in shares)	143,465	150,686	143,080	137,569
Weighted-average ordinary shares, diluted (in shares)	143,465	150,686	143,644	137,569
Basic net income (loss) from continuing operations per ordinary share (in dollars per share)	$ (0.03)	$ (0.41)	$ 0.19	$ (0.69)
Basic net income from discontinued operations per ordinary share (in dollars per share)	0	0	0	0
Net income (loss) per share, basic (in dollars per share)	(0.03)	(0.41)	0.19	(0.69)
Diluted net income (loss) from continuing operations per ordinary share (in dollars per share)	(0.03)	(0.41)	0.19	(0.69)
Diluted net income from discontinued operations per ordinary share (in dollars per share)	0	0	0	0
Net income (loss) per share, diluted (in dollars per share)	$ (0.03)	$ (0.41)	$ 0.19	$ (0.69)

Income (Loss) Per Share - Anti-

Income (Loss) Per Share - Anti-Dilutive Shares Not Recognized in Diluted Net Income (Loss) per Share Calculation (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares (in shares)	1,208,055	1,269,443	1,208,055	1,269,443
Restricted share units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares (in shares)	6,831,965	5,206,611	6,831,965	5,206,611

Inventories, Net (Details)

Inventories, Net (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Inventory, Net [Abstract]
Raw materials	$ 172	$ 205
Work-in-process	109	129
Finished goods, net	677	573
Materials and supplies, net	216	224
Inventories, net – current	1,174	1,131
Inventory obsolescence reserves	43	39
Reserves for lower of cost or market and net realizable value	$ 21	$ 25

Property, Plant and Equipment_3

Property, Plant and Equipment, Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Property, Plant and Equipment, Net, by Type [Abstract]
Property, plant and equipment, gross	$ 2,669		$ 2,669		$ 2,769
Less: accumulated depreciation	(1,027)		(1,027)		(1,007)
Property, plant and equipment, net	1,642		1,642		1,762
Depreciation expense related to property plant and equipment [Abstract]
Depreciation expense	53	$ 59	112	$ 92
Cost of goods sold
Depreciation expense related to property plant and equipment [Abstract]
Depreciation expense	52	58	109	90
Selling, general and administrative expenses
Depreciation expense related to property plant and equipment [Abstract]
Depreciation expense	1	$ 1	3	$ 2
Land and land improvements
Property, Plant and Equipment, Net, by Type [Abstract]
Property, plant and equipment, gross	177		177		191
Buildings
Property, Plant and Equipment, Net, by Type [Abstract]
Property, plant and equipment, gross	327		327		340
Machinery and equipment
Property, Plant and Equipment, Net, by Type [Abstract]
Property, plant and equipment, gross	1,934		1,934		2,028
Construction-in-progress
Property, Plant and Equipment, Net, by Type [Abstract]
Property, plant and equipment, gross	174		174		156
Other
Property, Plant and Equipment, Net, by Type [Abstract]
Property, plant and equipment, gross	$ 57		$ 57		$ 54

Mineral Leaseholds, Net (Detail

Mineral Leaseholds, Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Summary of minerals leaseholds, net of accumulated depletion [Abstract]
Mineral leaseholds	$ 1,301		$ 1,301		$ 1,352
Less: accumulated depletion	(523)		(523)		(500)
Mineral leaseholds, net	778		778		$ 852
Depletion expense	$ 12	$ 17	$ 14	$ 25

Intangible Assets, Net (Details

Intangible Assets, Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Intangible assets, net of accumulated amortization [Abstract]
Gross Cost	$ 435		$ 435		$ 432
Accumulated Amortization	(240)		(240)		(224)
Net Carrying Amount	195		195		208
Amortization expense related to intangible assets [Abstract]
Amortization expense	7	$ 8	17	$ 14
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Remainder of 2020	16		16
2021	31		31
2022	29		29
2023	27		27
2024	26		26
Thereafter	66		66
Cost of goods sold
Amortization expense related to intangible assets [Abstract]
Amortization expense	0	1	1	1
Selling, general and administrative expenses
Amortization expense related to intangible assets [Abstract]
Amortization expense	7	$ 7	16	$ 13
Customer relationships
Intangible assets, net of accumulated amortization [Abstract]
Gross Cost	291		291		291
Accumulated Amortization	(183)		(183)		(173)
Net Carrying Amount	108		108		118
TiO2 technology
Intangible assets, net of accumulated amortization [Abstract]
Gross Cost	94		94		92
Accumulated Amortization	(21)		(21)		(17)
Net Carrying Amount	73		73		75
Internal-use software
Intangible assets, net of accumulated amortization [Abstract]
Gross Cost	50		50		49
Accumulated Amortization	(36)		(36)		(34)
Net Carrying Amount	$ 14		$ 14		$ 15

Balance Sheet and Cash Flow S_3

Balance Sheet and Cash Flow Supplemental Information - Accrued Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Accrued Liabilities, Current [Abstract]
Employee-related costs and benefits	$ 98	$ 103
Related party payables	6	7
Interest	21	16
Sales rebates	28	39
Restructuring	4	10
Taxes other than income taxes	14	6
Asset retirement obligations	10	16
Interest rate swaps	62	22
Currency contracts	10	0
Professional fees and other	52	60
Liabilities held for sale	0	4
Accrued liabilities	$ 305	$ 283

Balance Sheet and Cash Flows Su

Balance Sheet and Cash Flows Supplemental Information - Additional Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Supplemental non cash information:
Investing activities- shares issued in the Cristal acquisition	$ 0	$ 526
Financing activities- debt assumed in the Cristal acquisition	0	$ 22
Capital expenditures acquired but not yet paid	$ 21		$ 23

Debt - Long-Term Debt, Net of U

Debt - Long-Term Debt, Net of Unamortized Discount and Debt Issuance Costs (Details) - USD ($)	May 01, 2020	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Finance leases		$ 12,000,000		$ 15,000,000
Long-term debt		3,512,000,000		3,060,000,000
Less: Long-term debt due within one year		(46,000,000)		(38,000,000)
Debt issuance costs		(39,000,000)		(34,000,000)
Long-term debt, net		3,427,000,000		2,988,000,000
Term Loan Facility, net of unamortized discount
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Original Principal		2,150,000,000
Long-term debt, gross		$ 1,806,000,000		1,805,000,000
Average effective interest rate		4.70%	5.80%
Term Loan Facility, Term Loans | Line of Credit | Revolving Credit Facility
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Original Principal		$ 1,500,000,000
Term Loan Facility, Blocked Term Loan | Line of Credit | Revolving Credit Facility
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Original Principal		650,000,000
Senior Notes due 2025
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Original Principal		$ 450,000,000
Annual Interest Rate		5.75%
Long-term debt, gross		$ 450,000,000		450,000,000
Senior Notes due 2026
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Original Principal		$ 615,000,000
Annual Interest Rate		6.50%
Long-term debt, gross		$ 615,000,000		615,000,000
6.5% Senior Secured Notes due 2025 | Senior Notes
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Original Principal	$ 500,000,000	$ 500,000,000
Annual Interest Rate	6.50%	6.50%
Long-term debt, gross		$ 500,000,000		0
Standard Bank Term Loan Facility
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Original Principal		222,000,000
Long-term debt, gross		$ 112,000,000		158,000,000
Average effective interest rate		8.90%	9.80%
Tikon Loan
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Long-term debt, gross		$ 16,000,000		16,000,000
Australian Government Loan, net of unamortized discount
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Long-term debt, gross		$ 1,000,000		$ 1,000,000
Wells Faro Revolver, Standard Bank Credit Facility And Emirates Credit Facility | Revolving Credit Facility | Line of Credit
Long-term debt, net of an unamortized discount and debt issuance costs [Abstract]
Repayments of debt	$ 200,000,000

Debt - Short-Term Debt and Avai

Debt - Short-Term Debt and Available Facilities (Details)	1 Months Ended		3 Months Ended		6 Months Ended
	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	May 01, 2020	Dec. 31, 2019USD ($)	Sep. 22, 2017USD ($)
Line of Credit Facility [Abstract]
Short-term debt			$ 13,000,000		$ 13,000,000			$ 0
Loss on extinguishment of debt			$ 0	$ 0	$ 0	$ 2,000,000
6.5% Senior Secured Notes due 2025 | Senior Notes
Line of Credit Facility [Abstract]
Interest rate			6.50%		6.50%		6.50%
Revolving Credit Facility
Line of Credit Facility [Abstract]
Proceeds from line of credit	$ 200,000,000
Wells Fargo Revolver
Line of Credit Facility [Abstract]
Letters of credit issued and undrawn			$ 30,000,000		$ 30,000,000
Wells Fargo Revolver | Revolving Credit Facility
Line of Credit Facility [Abstract]
Short-term debt			0		0			0
Maximum borrowing capacity		$ 350,000,000							$ 550,000,000
Loss on extinguishment of debt				0		2,000,000
Covenant, fixed charge coverage ratio, minimum		1
Standard Bank Revolver | Revolving Credit Facility
Line of Credit Facility [Abstract]
Short-term debt			0		0			0
Emirates Revolver | Revolving Credit Facility
Line of Credit Facility [Abstract]
Short-term debt			0		0			0
SABB Credit Facility
Line of Credit Facility [Abstract]
Short-term debt			13,000,000		$ 13,000,000			$ 0
Proceeds from line of credit			$ 13,000,000
ABSA Revolver
Line of Credit Facility [Abstract]
Loss on extinguishment of debt				$ 0
ABSA Revolver | Maximum
Line of Credit Facility [Abstract]
Loss on extinguishment of debt						$ 1,000,000

Derivative Financial Instrume_3

Derivative Financial Instruments - Fair Value of Derivatives Outstanding (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total derivatives, assets at fair value	$ 34	$ 37
Total derivatives, accrued liabilities at fair value	72	22
Derivatives Designated as Cash Flow Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total derivatives, assets at fair value	33	30
Total derivatives, accrued liabilities at fair value	68	22
Prepaid and other current assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total derivatives, assets at fair value	18	34
Other long-term assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total derivatives, assets at fair value	16	3
Currency Contracts | Derivatives Designated as Cash Flow Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total derivatives, assets at fair value	33	30
Total derivatives, accrued liabilities at fair value	6	0
Currency Contracts | Derivatives Not Designated as Cash Flow Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total derivatives, assets at fair value	1	7
Total derivatives, accrued liabilities at fair value	4	0
Interest Rate Swaps | Derivatives Designated as Cash Flow Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total derivatives, assets at fair value	0	0
Total derivatives, accrued liabilities at fair value	$ 62	$ 22

Derivative Financial Instrume_4

Derivative Financial Instruments - Impact on Statement of Operation (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue
Derivatives Designated as Hedging Instruments
Total Derivatives	$ (5)	$ 0	$ (6)	$ 0
Cost of Goods Sold
Derivatives Designated as Hedging Instruments
Total Derivatives	(1)	0	(5)	0
Other Income (Expense), net
Derivatives Designated as Hedging Instruments
Total Derivatives	8	1	(8)	6
Currency Contracts | Revenue
Derivatives Not Designated as Hedging Instruments
Amount of Pre-Tax Gain (Loss) Recognized in Earnings	0	0	0	0
Derivatives Designated as Hedging Instruments
Amount of Pre-Tax Gain (Loss) Recognized in Earnings	(5)	0	(6)	0
Currency Contracts | Cost of Goods Sold
Derivatives Not Designated as Hedging Instruments
Amount of Pre-Tax Gain (Loss) Recognized in Earnings	0	0	0	0
Derivatives Designated as Hedging Instruments
Amount of Pre-Tax Gain (Loss) Recognized in Earnings	(1)	0	(5)	0
Currency Contracts | Other Income (Expense), net
Derivatives Not Designated as Hedging Instruments
Amount of Pre-Tax Gain (Loss) Recognized in Earnings	8	1	(8)	6
Derivatives Designated as Hedging Instruments
Amount of Pre-Tax Gain (Loss) Recognized in Earnings	$ 0	$ 0	$ 0	$ 0

Derivative Financial Instrume_5

Derivative Financial Instruments - Narrative (Details) R in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020ZAR (R)	Jun. 30, 2020AUD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2019ZAR (R)	Dec. 31, 2019AUD ($)
Derivative Financial Instruments [Abstract]
Unrealized net income (loss)	$ (768,000,000)		$ (768,000,000)				$ (606,000,000)
Cash flow hedge loss to be reclassified to earnings within twelve months			10,000,000
Accumulated other comprehensive loss
Derivative Financial Instruments [Abstract]
Unrealized net income (loss)	25,000,000		25,000,000				30,000,000
Interest Rate Swaps
Derivative Financial Instruments [Abstract]
Notional amount		$ 750,000,000		$ 750,000,000
Interest Rate Swaps | Accumulated other comprehensive loss
Derivative Financial Instruments [Abstract]
Unrealized net income (loss)	(62,000,000)		(62,000,000)				$ (22,000,000)
South African Rand Exchange Contract
Derivative Financial Instruments [Abstract]
Notional amount	81,000,000		81,000,000		R 1,400
Australian Dollar Exchange Contract
Derivative Financial Instruments [Abstract]
Notional amount	349,000,000		349,000,000			$ 507
Currency Contracts | Net sales
Derivative Financial Instruments [Abstract]
Derivative instruments not designated as hedging instruments, gain	0	0	0	0
Currency Contracts | Cost of goods sold
Derivative Financial Instruments [Abstract]
Derivative instruments not designated as hedging instruments, gain	0	0	0	0
Currency Contracts | Other Income (Expense), net
Derivative Financial Instruments [Abstract]
Derivative instruments not designated as hedging instruments, gain	8,000,000	$ 1,000,000	(8,000,000)	$ 6,000,000
Foreign Exchange Contract, South African Rand | Not Designated as Hedging Instrument
Derivative Financial Instruments [Abstract]
Notional amount	35,000,000		35,000,000		R 605
Foreign Exchange Contract, Australian Dollars | Not Designated as Hedging Instrument
Derivative Financial Instruments [Abstract]
Notional amount	48,000,000		48,000,000			$ 70
Foreign Exchange Contract, South African Rand | Not Designated as Hedging Instrument
Derivative Financial Instruments [Abstract]
Notional amount	41,000,000		41,000,000					R 712
Foreign Exchange Contract, Australian Dollars | Not Designated as Hedging Instrument
Derivative Financial Instruments [Abstract]
Notional amount	$ 61,000,000		$ 61,000,000						$ 89

Fair Value (Details)

Fair Value (Details) - USD ($) $ in Millions	Jun. 30, 2020	May 01, 2020	Dec. 31, 2019
Interest Rate Swaps | Fair Value, Inputs, Level 2
Fair Value [Abstract]
Fair value of derivative contracts	$ 62		$ 22
Currency Contracts | Fair Value, Inputs, Level 2
Fair Value [Abstract]
Fair value of derivative contracts	24		37
Term Loan Facility | Fair Value, Inputs, Level 1
Fair Value [Abstract]
Fair value of debt	1,740		1,820
Standard Bank Term Loan Facility | Fair Value, Inputs, Level 2
Fair Value [Abstract]
Fair value of debt	$ 112		158
Senior Notes due 2025
Fair Value [Abstract]
Interest rate	5.75%
Senior Notes due 2025 | Fair Value, Inputs, Level 1
Fair Value [Abstract]
Fair value of debt	$ 418		459
Senior Notes due 2026
Fair Value [Abstract]
Interest rate	6.50%
Senior Notes due 2026 | Fair Value, Inputs, Level 1
Fair Value [Abstract]
Fair value of debt	$ 576		636
6.5% Senior Secured Notes due 2025 | Senior Notes
Fair Value [Abstract]
Interest rate	6.50%	6.50%
6.5% Senior Secured Notes due 2025 | Fair Value, Inputs, Level 1
Fair Value [Abstract]
Fair value of debt	$ 507		0
Tikon Loan | Fair Value, Inputs, Level 2
Fair Value [Abstract]
Fair value of debt	16		16
Australian Government Loan | Fair Value, Inputs, Level 2
Fair Value [Abstract]
Fair value of debt	$ 1		$ 1

Asset Retirement Obligations (D

Asset Retirement Obligations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Dec. 31, 2019
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Beginning balance	$ 142	$ 75	$ 158	$ 74
Additions	0	6	0	6
Accretion expense	2	3	5	4
Remeasurement/translation	12	0	(9)	0
Other, including change in estimates	0	0	0	0
Settlements/payments	(1)	(1)	(3)	(1)
Transferred with the divestiture of Ashtabula	0	(3)	0	(3)
Transferred in with the acquisition of Cristal	0	94	0	94
Other acquisition and divestiture related	0	0	4	0
Ending balance	155	174	155	174
Asset retirement obligations [Abstract]
Current portion included in “Accrued liabilities”					$ 10	$ 16
Noncurrent portion included in “Asset retirement obligations”					145	142
Asset retirement obligations	$ 155	$ 174	$ 155	$ 174	$ 155	$ 158

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	May 01, 2019	Jun. 30, 2019	May 31, 2019	Jun. 30, 2020	Jun. 30, 2019
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]
Remainder of 2020				$ 117
2021				83
2022				67
2023				54
2024				48
Thereafter				177
Commitments and Contingencies [Abstract]
Loss contingency				73
Provision for Hawkins Point Plant				61
Proceeds from sale of Ashtabula				0	$ 707
Venator Materials PLC VS. Tronox Limited
Commitments and Contingencies [Abstract]
Damages sought		$ 400
Venator Materials PLC | Venator Materials PLC VS. Tronox Limited
Commitments and Contingencies [Abstract]
Damages sought			$ 75
Cristal, North America TiO2 Business | Discontinued Operations, Disposed of by Sale
Commitments and Contingencies [Abstract]
Proceeds from sale of Ashtabula	$ 701
Letters of Credit
Commitments and Contingencies [Abstract]
Loss contingency				34
Bank Guarantees
Commitments and Contingencies [Abstract]
Loss contingency				$ 39

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss Attributable to Tronox Holdings plc (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	$ 679,000,000	$ 680,000,000	$ 862,000,000	$ 916,000,000	$ 862,000,000
Other comprehensive income (loss)	54,000,000				(16,000,000)
Amounts reclassified from accumulated other comprehensive income	7,000,000
Acquisition of noncontrolling interest			(148,000,000)
Balance, end of period	728,000,000	929,000,000	680,000,000	728,000,000	929,000,000
Accumulated Other Comprehensive Loss
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(829,000,000)	(612,000,000)	(540,000,000)	(606,000,000)	(540,000,000)
Other comprehensive income (loss)		(5,000,000)		(175,000,000)
Amounts reclassified from accumulated other comprehensive income		1,000,000		13,000,000	1,000,000
Acquisition of noncontrolling interest			(61,000,000)
Balance, end of period	(768,000,000)	(616,000,000)	(612,000,000)	(768,000,000)	(616,000,000)
Cumulative Translation Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(644,000,000)	(517,000,000)	(445,000,000)	(503,000,000)	(445,000,000)
Other comprehensive income (loss)	16,000,000	18,000,000		(125,000,000)	7,000,000
Amounts reclassified from accumulated other comprehensive income	0	0		0	0
Acquisition of noncontrolling interest					(61,000,000)
Balance, end of period	(628,000,000)	(499,000,000)	(517,000,000)	(628,000,000)	(499,000,000)
Pension Liability Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(103,000,000)	(95,000,000)	(95,000,000)	(104,000,000)	(95,000,000)
Other comprehensive income (loss)	(2,000,000)	0		(2,000,000)	0
Amounts reclassified from accumulated other comprehensive income	1,000,000	1,000,000		2,000,000	1,000,000
Acquisition of noncontrolling interest					0
Balance, end of period	(104,000,000)	(94,000,000)	(95,000,000)	(104,000,000)	(94,000,000)
Unrealized Gains (Losses) on Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(82,000,000)	0	0	1,000,000	0
Other comprehensive income (loss)	40,000,000	(23,000,000)		(48,000,000)	(23,000,000)
Amounts reclassified from accumulated other comprehensive income	6,000,000	0		11,000,000	0
Acquisition of noncontrolling interest					0
Balance, end of period	$ (36,000,000)	$ (23,000,000)	$ 0	$ (36,000,000)	$ (23,000,000)

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) $ / shares in Units, $ in Millions	Jun. 24, 2020shares	Jun. 30, 2020USD ($)shares	Jun. 30, 2020USD ($)shares	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)performancePeriod$ / sharesshares	Jun. 30, 2019USD ($)	Dec. 31, 2019shares
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Unrecognized compensation expense for all nonvested awards, adjusted for estimated forfeitures | $		$ 47	$ 47		$ 47
Weighted average period of recognition for unrecognized compensation expense					1 year 9 months 18 days
Options exercised in period (in shares)			0		0
Tronox Holdings Plc Amended And Restated Management Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Number of shares authorized							20,781,225
Number of additional shares authorized	8,000,000
Restricted share units
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Stock compensation expense | $			$ 2	$ 7	$ 11	$ 15
Restricted Share Units (RSUs), Time-Based Awards
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Award vesting period					3 years
Restricted Share Units (RSUs), Time-Based Awards | Management
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Granted (in shares)					1,591,511
Restricted Share Units (RSUs), Time-Based Awards | Board Members
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Granted (in shares)					183,374
Vested (in shares)		21,654
Nonvested share which will vest in the future (in shares)		161,720	161,720		161,720
Restricted Share Units (RSUs), Performance-Based Awards
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Granted (in shares)					1,501,092
Reversal of expense due to the 2018 performance grants | $					$ 6
Restricted Share Units (RSUs), Performance-Based Awards | Share-based Payment Arrangement, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Granted (in shares)					750,546
Award performance period					3 years
Grant date fair value (in dollars per share) | $ / shares					$ 10.02
Restricted Share Units (RSUs), Performance-Based Awards | Share-based Payment Arrangement, Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Granted (in shares)					750,546
Number of performance periods | performancePeriod					3

Share-Based Compensation - Weig

Share-Based Compensation - Weighted-Average Assumptions Utilized to Value Performance-Based Awards Based on Total Shareholder Return (Details) - Restricted Share Units (RSUs), Performance-Based Awards - Share-based Payment Arrangement, Tranche One	6 Months Ended
	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	2.13%
Expected historical volatility	58.30%
Risk free interest rate	1.42%
Expected life (in years)	3 years

Pension and Other Postretirem_3

Pension and Other Postretirement Healthcare Benefits (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Pensions
Net periodic cost:
Service cost	$ 2	$ 1	$ 3	$ 1
Interest cost	4	6	9	9
Expected return on plan assets	(5)	(7)	(11)	(10)
Net amortization of actuarial loss and prior service credit	1	1	2	1
Total net periodic cost	2	1	3	1
Other Postretirement Benefit Plans
Net periodic cost:
Total net periodic cost	$ 1	$ 1	$ 1	$ 1

Pension and Other Postretirem_4

Pension and Other Postretirement Healthcare Benefits - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Multiemployer Plans, Pension | Netherlands | Cost of goods sold
Multiemployer Plans [Abstract]
Multiemployer contribution amount	$ 1	$ 2	$ 1	$ 2
Other Postretirement Benefit Plans
Multiemployer Plans [Abstract]
Net periodic benefit cost	1	1	1	1
Pensions
Multiemployer Plans [Abstract]
Net periodic benefit cost	2	$ 1	3	$ 1
Expected future employer contributions, current fiscal year	$ 16		16
Employer contributions			$ 8

Related Parties (Details)

Related Parties (Details) $ / shares in Units, R in Millions, $ in Millions	May 13, 2020USD ($)	May 09, 2019USD ($)$ / sharesshares	Apr. 10, 2019USD ($)shares	Feb. 15, 2019USD ($)	Feb. 15, 2019ZAR (R)	Jun. 30, 2020USD ($)shares	Jun. 30, 2020USD ($)shares	Dec. 31, 2019USD ($)shares	Dec. 29, 2019USD ($)	May 09, 2018USD ($)
Related Parties [Abstract]
Ownership percentage						26.00%	26.00%
Number of shares held by affiliate (in shares) | shares							14,700,000
Number of ordinary shares to be issued for acquisition (in shares) | shares			37,580,000
Shares owned (in shares) | shares						143,523,476	143,523,476	141,900,459
Transition Services Agreement
Related Parties [Abstract]
Reduction in selling, general and administrative expenses						$ 1	$ 1
Cristal's Titanium Dioxide Business
Related Parties [Abstract]
Ownership percentage						26.00%	26.00%
Cash consideration for acquisition			$ 1,675
Number of ordinary shares to be issued for acquisition (in shares) | shares			37,580,000
Shares owned (in shares) | shares						37,580,000	37,580,000
Slagger | Advanced Metal Industries Cluster Company Limited
Related Parties [Abstract]
Ownership percentage										90.00%
Loan commitment										$ 322
Loan made						$ 101	$ 101
Slagger | Advanced Metal Industries Cluster Company Limited | Other long-term assets
Related Parties [Abstract]
Interest receivable						$ 5	$ 5
Tronox Sands LLP
Related Parties [Abstract]
Payments to acquire interest in subsidiaries				$ 148
Exxaro
Related Parties [Abstract]
Amount due to related party								$ 4
Ownership percentage						10.30%	10.30%
Exxaro | Exxaro Mineral Sands Transaction Completion Agreement
Related Parties [Abstract]
Stock repurchased, during period (in shares) | shares		14,000,000
Stock repurchased during period		$ 200
Stock repurchased, price per share (in dollars per share) | $ / shares		$ 14.319
Stock repurchase fees		$ 1
Discount percentage on volume weighted average share price		5.00%
Number of weighted average days		10 days
Exxaro | Tronox Sands LLP
Related Parties [Abstract]
Ownership percentage		26.00%
Payments to acquire interest in subsidiaries | R					R 2,060
Exxaro | South African Subsidiaries
Related Parties [Abstract]
Ownership percentage						26.00%	26.00%
AMIC
Related Parties [Abstract]
Revenue from related party						$ 7	$ 13
Affiliated Entity | Receivable from TiCl4 Product Sales | AMIC
Related Parties [Abstract]
Receivable due from related parties						5	5
Affiliated Entity | Purchase of Chlorine Gas
Related Parties [Abstract]
Purchases from related party						2	3
Affiliated Entity | Purchase of Chlorine Gas | Advanced Metal Industries Cluster and Toho Titanium Metal Co. Ltd (ATTM)
Related Parties [Abstract]
Amount due to related party						1	1
Affiliated Entity | Option Agreement, Amounts to be Reimbursed for Capital Expenditures and Operational Expenses | AMIC
Related Parties [Abstract]
Amounts receivable from related party										$ 125
Affiliated Entity | Amended Options Agreement, Second Option | AMIC
Related Parties [Abstract]
Percentage of net working capital	90.00%
Affiliated Entity | Amended Options Agreement, Second Option, Loan Amount Forgiven | AMIC | Maximum
Related Parties [Abstract]
Related party transaction amount	$ 125
Affiliated Entity | Amended Technical Services Agreement, Monthly Management Fee | AMIC
Related Parties [Abstract]
Revenue from related party	$ 1
Affiliated Entity | Advanced Metal Industries Cluster Company Limited | Acquisition of Assets Producing Metal Grade TiCl4
Related Parties [Abstract]
Notes receivable, related parties									$ 36
Affiliated Entity | Advanced Metal Industries Cluster and Toho Titanium Metal Co. Ltd (ATTM) | Acquisition of Assets Producing Metal Grade TiCl4
Related Parties [Abstract]
Ownership percentage									65.00%
Tasnee
Related Parties [Abstract]
Amount due to related party						5	5
Receivable due from related parties						$ 12	$ 12