Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets at Fair Value
The table below presents the fair value of Chemours’ derivative assets and liabilities within the fair value hierarchy:
 
 
Fair Value Using Level 2 Inputs
 
Balance Sheet Location
September 30, 2016
 
December 31, 2015
Asset derivatives:
 
 
 
 
Foreign currency forward contracts
Accounts and notes receivable - trade, net
$
1

 
$
2

     Total asset derivatives
 
$
1

 
$
2

 
 
 
 
 
Liability derivatives
 
 
 
 
Foreign currency forward contracts
Other accrued liabilities
$
2

 
$
2

     Total liability derivatives
 
$
2

 
$
2

Schedule of Derivative Liabilities at Fair Value
The table below presents the fair value of Chemours’ derivative assets and liabilities within the fair value hierarchy:
 
 
Fair Value Using Level 2 Inputs
 
Balance Sheet Location
September 30, 2016
 
December 31, 2015
Asset derivatives:
 
 
 
 
Foreign currency forward contracts
Accounts and notes receivable - trade, net
$
1

 
$
2

     Total asset derivatives
 
$
1

 
$
2

 
 
 
 
 
Liability derivatives
 
 
 
 
Foreign currency forward contracts
Other accrued liabilities
$
2

 
$
2

     Total liability derivatives
 
$
2

 
$
2