The following table sets forth a disaggregation of the Company’s net sales by geographic region and segment for the three and six months ended June 30, 2026 and 2025.
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2026 |
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|
2025 |
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|
2026 |
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|
2025 |
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Net sales by geographic region (1) |
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North America: |
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|
|
|
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|
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Thermal & Specialized Solutions |
|
$ |
340 |
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|
$ |
336 |
|
|
$ |
665 |
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|
$ |
569 |
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Titanium Technologies |
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|
267 |
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|
|
282 |
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|
|
502 |
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|
|
550 |
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Advanced Performance Materials |
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|
140 |
|
|
|
125 |
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|
|
235 |
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|
|
236 |
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Other Non-Reportable Segment |
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|
7 |
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|
|
10 |
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|
|
15 |
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|
17 |
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Total North America |
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|
754 |
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|
753 |
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|
|
1,417 |
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|
1,372 |
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Asia Pacific: |
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Thermal & Specialized Solutions |
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|
72 |
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|
59 |
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|
142 |
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|
113 |
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Titanium Technologies |
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|
124 |
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|
125 |
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|
200 |
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|
229 |
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Advanced Performance Materials |
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|
117 |
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|
147 |
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|
207 |
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|
|
261 |
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Other Non-Reportable Segment |
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|
4 |
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|
|
3 |
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|
|
6 |
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|
|
6 |
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Total Asia Pacific |
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|
317 |
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|
334 |
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|
|
555 |
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|
609 |
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Europe, the Middle East, and Africa: |
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|
|
|
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|
|
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Thermal & Specialized Solutions |
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|
97 |
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|
|
112 |
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|
195 |
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|
|
210 |
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Titanium Technologies |
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|
156 |
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|
|
156 |
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|
307 |
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|
|
297 |
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Advanced Performance Materials |
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|
57 |
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|
|
60 |
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|
|
109 |
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|
|
116 |
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Other Non-Reportable Segment |
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2 |
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|
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2 |
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4 |
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|
|
3 |
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Total Europe, the Middle East, and Africa |
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312 |
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|
330 |
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|
615 |
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|
626 |
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Latin America (2): |
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Thermal & Specialized Solutions |
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|
82 |
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|
90 |
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|
156 |
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|
171 |
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Titanium Technologies |
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|
114 |
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|
94 |
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|
211 |
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|
178 |
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Advanced Performance Materials |
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|
12 |
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|
14 |
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|
18 |
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|
26 |
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Other Non-Reportable Segment |
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— |
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— |
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— |
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|
1 |
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Total Latin America |
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|
208 |
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|
|
198 |
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|
|
385 |
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|
|
376 |
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Total net sales |
|
$ |
1,591 |
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|
$ |
1,615 |
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|
$ |
2,972 |
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|
$ |
2,983 |
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(1)Net sales are attributed to countries based on customer location. (2)Latin America includes Mexico. The following table sets forth a disaggregation of the Company’s net sales by product group and segment for the three and six months ended June 30, 2026 and 2025.
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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|
2026 |
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2025 |
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|
2026 |
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|
2025 |
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Net sales by product group and segment |
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OpteonTM refrigerants |
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$ |
337 |
|
|
$ |
375 |
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$ |
650 |
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$ |
654 |
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FreonTM refrigerants |
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|
150 |
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|
123 |
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|
312 |
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|
220 |
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Foam, propellants, and other |
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|
104 |
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|
|
99 |
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|
|
196 |
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|
|
189 |
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Total Thermal & Specialized Solutions |
|
|
591 |
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|
|
597 |
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|
|
1,158 |
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|
1,063 |
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Titanium dioxide |
|
|
639 |
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|
|
629 |
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|
|
1,180 |
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|
|
1,204 |
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Minerals & Other |
|
|
22 |
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|
|
28 |
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|
|
40 |
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|
|
50 |
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Total Titanium Technologies |
|
|
661 |
|
|
|
657 |
|
|
|
1,220 |
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|
|
1,254 |
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Advanced materials |
|
|
184 |
|
|
|
214 |
|
|
|
326 |
|
|
|
391 |
|
Performance solutions |
|
|
142 |
|
|
|
132 |
|
|
|
243 |
|
|
|
248 |
|
Total Advanced Performance Materials |
|
|
326 |
|
|
|
346 |
|
|
|
569 |
|
|
|
639 |
|
Performance chemicals and intermediates |
|
|
13 |
|
|
|
15 |
|
|
|
25 |
|
|
|
27 |
|
Total Other Non-Reportable Segment |
|
|
13 |
|
|
|
15 |
|
|
|
25 |
|
|
|
27 |
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Total net sales |
|
$ |
1,591 |
|
|
$ |
1,615 |
|
|
$ |
2,972 |
|
|
$ |
2,983 |
|
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