v3.26.1
Intangible Assets, Net
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets, Net Intangible Assets, Net
Intangible assets, net of accumulated amortization, consisted of the following:
June 30, 2026December 31, 2025
Gross CostAccumulated
Amortization
Net Carrying
Amount
Gross CostAccumulated
Amortization
Net Carrying
Amount
Customer relationships$291 $(291)$— $291 $(289)$
TiO2 technology
95 (61)34 94 (57)37 
Internal-use software and other253 (84)169 249 (74)175 
Intangible assets, net$639 $(436)$203 $634 $(420)$214 
As of June 30, 2026 and December 31, 2025, internal-use software included approximately $36 million and $55 million, respectively, of capitalized software costs which are not being amortized as the software is not ready for its intended use.
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,
2026202520262025
Cost of goods sold$$$$
Selling, general and administrative expenses14 
Total$$10 $15 $19 
Estimated future amortization expense related to intangible assets is $15 million for the remainder of 2026, $34 million for 2027, $35 million for 2028, $33 million for 2029, $33 million for 2030 and $53 million thereafter.