v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 132 $ 151
Restricted cash 1 1
Accounts receivable (net of allowance for credit losses of $1 million and $1 million as of June 30, 2025 and December 31, 2024, respectively) 294 266
Inventories, net 1,685 1,551
Prepaid and other assets 124 184
Income taxes receivable 2 2
Total current assets 2,238 2,155
Noncurrent Assets    
Property, plant and equipment, net 1,997 1,927
Mineral leaseholds, net 613 616
Intangible assets, net 227 244
Lease right of use assets, net 145 140
Deferred tax assets 833 830
Other long-term assets 133 126
Total assets 6,186 6,038
Current Liabilities    
Accounts payable 500 499
Accrued liabilities 239 247
Short-term lease liabilities 25 24
Short-term debt 266 65
Long-term debt due within one year 38 35
Income taxes payable 0 4
Total current liabilities 1,068 874
Noncurrent Liabilities    
Long-term debt, net 2,749 2,759
Pension and postretirement healthcare benefits 88 85
Asset retirement obligations 204 172
Environmental liabilities 46 40
Long-term lease liabilities 114 107
Deferred tax liabilities 191 174
Other long-term liabilities 47 36
Total liabilities 4,507 4,247
Commitments and Contingencies - Note 16
Shareholders’ Equity    
Tronox Holdings plc ordinary shares, par value $0.01 — 158,524,635 shares issued and outstanding at June 30, 2025 and 157,938,056 shares issued and outstanding at December 31, 2024 2 2
Capital in excess of par value 2,092 2,084
Retained earnings 321 555
Accumulated other comprehensive loss (769) (880)
Total Tronox Holdings plc shareholders’ equity 1,646 1,761
Noncontrolling interest 33 30
Total equity 1,679 1,791
Total liabilities and equity $ 6,186 $ 6,038