Arconic Corporation(NYSE:ARNC)
Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, and the United Kingdom. It operates through three segments: Rolled Products, Extrusions, and Building and Construction Sys...
Website: http://www.arconic.com
Founded: 2020
Full Time Employees: 15,400
Sector: Industrials
Industry: Specialty Industrial Machinery
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| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-03-31 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 |
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sales | 2,313,000,000 | 2,168,000,000 | 2,089,000,000 | 2,053,000,000 | 1,942,000,000 | 1,891,000,000 | 1,835,000,000 | 1,880,000,000 | 1,824,000,000 | 1,731,000,000 | 1,658,000,000 | 1,648,000,000 | 1,603,000,000 | 1,513,000,000 | 1,433,000,000 | 1,393,000,000 | 1,324,000,000 | 1,285,000,000 | 1,283,000,000 | 1,195,000,000 | 1,209,000,000 | 1,238,000,000 | 1,134,000,000 | 1,253,000,000 | 3,209,000,000 | 3,401,000,000 | 3,559,000,000 | 3,691,000,000 | 3,541,000,000 | 3,472,000,000 | 3,524,000,000 | 3,573,000,000 | 3,445,000,000 | 3,271,000,000 | 3,236,000,000 | 3,261,000,000 | -3,061,000,000 | 5,213,000,000 | 5,295,000,000 | 4,947,000,000 | 5,245,000,000 | 5,573,000,000 | 5,897,000,000 | 6,377,000,000 | 6,239,000,000 | 5,836,000,000 | 5,454,000,000 | 5,585,000,000 | 5,765,000,000 | 5,833,000,000 | 5,898,000,000 | 5,833,000,000 | 6,006,000,000 | 5,989,000,000 | 6,419,000,000 | 5,958,000,000 | 4,887,000,000 | 5,433,000,000 | 4,615,000,000 | 4,244,000,000 | 4,147,000,000 | |
cost of goods sold | 1,459,000,000 | 1,412,000,000 | 1,365,000,000 | 1,365,000,000 | 1,290,000,000 | 1,289,000,000 | 1,253,000,000 | 1,287,000,000 | 1,290,000,000 | 1,230,000,000 | 1,183,000,000 | 1,196,000,000 | 1,164,000,000 | 1,110,000,000 | 1,056,000,000 | 987,000,000 | 950,000,000 | 938,000,000 | 928,000,000 | 857,000,000 | 873,000,000 | 872,000,000 | 900,000,000 | 923,000,000 | 2,476,000,000 | 2,670,000,000 | 2,800,000,000 | 2,939,000,000 | 2,818,000,000 | 2,845,000,000 | 2,881,000,000 | 2,903,000,000 | 2,768,000,000 | 2,656,000,000 | 2,626,000,000 | 2,583,000,000 | -2,663,000,000 | 4,217,000,000 | 4,216,000,000 | 4,041,000,000 | 4,404,000,000 | 4,559,000,000 | 4,663,000,000 | 4,973,000,000 | 4,904,000,000 | 4,765,000,000 | 4,495,000,000 | 4,708,000,000 | 4,798,000,000 | 4,847,000,000 | 4,968,000,000 | 5,266,000,000 | 5,098,000,000 | 5,228,000,000 | 5,290,000,000 | 4,715,000,000 | 4,013,000,000 | 4,905,000,000 | 3,888,000,000 | 3,966,000,000 | 4,143,000,000 | |
selling, general administrative, and other expenses | 111,000,000 | 96,000,000 | 100,000,000 | 89,000,000 | 85,000,000 | 77,000,000 | 85,000,000 | 97,000,000 | 88,000,000 | 83,000,000 | 87,000,000 | 75,000,000 | 63,000,000 | 73,000,000 | 83,000,000 | 69,000,000 | 61,000,000 | 70,000,000 | 55,000,000 | 65,000,000 | 58,000,000 | 66,000,000 | 74,000,000 | 169,000,000 | 181,000,000 | 167,000,000 | 178,000,000 | 178,000,000 | 140,000,000 | 134,000,000 | 158,000,000 | 172,000,000 | 151,000,000 | 155,000,000 | 204,000,000 | 205,250,000 | 275,000,000 | 286,000,000 | 260,000,000 | 179,250,000 | 261,000,000 | 224,000,000 | 271,000,000 | 243,000,000 | 245,000,000 | 236,000,000 | 188,250,000 | 248,000,000 | 251,000,000 | 277,000,000 | 234,000,000 | 241,000,000 | 189,750,000 | 261,000,000 | 245,000,000 | 239,000,000 | 291,000,000 | 234,000,000 | 240,000,000 | 244,000,000 | ||
research and development expenses | 9,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 8,000,000 | 7,000,000 | 9,000,000 | 7,000,000 | 10,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 7,000,000 | 9,000,000 | 7,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 4,000,000 | 5,000,000 | 4,000,000 | 15,000,000 | 15,000,000 | 16,000,000 | 17,000,000 | 22,000,000 | 26,000,000 | 25,000,000 | 29,000,000 | 23,000,000 | 28,000,000 | 25,000,000 | 30,000,000 | 13,000,000 | 38,000,000 | 39,000,000 | 42,000,000 | 60,000,000 | 55,000,000 | 68,000,000 | 60,000,000 | 57,000,000 | 50,000,000 | 51,000,000 | 57,000,000 | 44,000,000 | 45,000,000 | 56,000,000 | 51,000,000 | 43,000,000 | 48,000,000 | 47,000,000 | 43,000,000 | 39,000,000 | 51,000,000 | 39,000,000 | 38,000,000 | 41,000,000 | |
provision for depreciation and amortization | 74,000,000 | 73,000,000 | 72,000,000 | 69,000,000 | 69,000,000 | 73,000,000 | 68,000,000 | 69,000,000 | 67,000,000 | 68,000,000 | 68,000,000 | 69,000,000 | 67,000,000 | 65,000,000 | 67,000,000 | 66,000,000 | 67,000,000 | 68,000,000 | 67,000,000 | 68,000,000 | 67,000,000 | 68,000,000 | 73,000,000 | 129,000,000 | 129,000,000 | 131,000,000 | 139,000,000 | 137,000,000 | 149,000,000 | 141,000,000 | 144,000,000 | 142,000,000 | 141,000,000 | 140,000,000 | 137,000,000 | |||||||||||||||||||||||||||
restructuring and other credits | -93,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 753,000,000 | 489,000,000 | 542,000,000 | 521,000,000 | 494,000,000 | 445,000,000 | 421,000,000 | 398,000,000 | 369,000,000 | 326,000,000 | 307,000,000 | 285,000,000 | 285,000,000 | 220,000,000 | 228,000,000 | 241,000,000 | 230,000,000 | 147,000,000 | 205,000,000 | 207,000,000 | 189,000,000 | 221,000,000 | 73,000,000 | 74,000,000 | 399,000,000 | 416,000,000 | 326,000,000 | -81,000,000 | 374,000,000 | 323,000,000 | 345,000,000 | 324,000,000 | 333,000,000 | -471,000,000 | 271,000,000 | 281,000,000 | ||||||||||||||||||||||||||
yoy | 52.43% | 9.89% | 28.74% | 30.90% | 33.88% | 36.50% | 37.13% | 39.65% | 29.47% | 48.18% | 34.65% | 18.26% | 23.91% | 49.66% | 11.22% | 16.43% | 21.69% | -33.48% | 180.82% | 179.73% | -52.63% | -46.88% | -77.61% | -191.36% | 6.68% | 28.79% | -5.51% | -125.00% | 12.31% | -168.58% | 27.31% | 15.30% | ||||||||||||||||||||||||||||||
qoq | 53.99% | -9.78% | 4.03% | 5.47% | 11.01% | 5.70% | 5.78% | 7.86% | 13.19% | 6.19% | 7.72% | 0.00% | 29.55% | -3.51% | -5.39% | 4.78% | 56.46% | -28.29% | -0.97% | 9.52% | -14.48% | 202.74% | -1.35% | -81.45% | -4.09% | 27.61% | -502.47% | -121.66% | 15.79% | -6.38% | 6.48% | -2.70% | -170.70% | -273.80% | -3.56% | |||||||||||||||||||||||||||
interest expense | 43,000,000 | 37,000,000 | 37,000,000 | 38,000,000 | 39,000,000 | 40,000,000 | 44,000,000 | 49,000,000 | 49,000,000 | 52,000,000 | 54,000,000 | 55,000,000 | 57,000,000 | 57,000,000 | 57,000,000 | 57,000,000 | 58,000,000 | 58,000,000 | 63,000,000 | 89,000,000 | 72,000,000 | 76,000,000 | 77,000,000 | 144,000,000 | 91,000,000 | 82,000,000 | 86,000,000 | 85,000,000 | 85,000,000 | 87,000,000 | 88,000,000 | 89,000,000 | 114,000,000 | 98,000,000 | 100,000,000 | 183,000,000 | 110,000,000 | 133,000,000 | 129,000,000 | 127,000,000 | 129,000,000 | 123,000,000 | 124,000,000 | 122,000,000 | 126,000,000 | 105,000,000 | 120,000,000 | 112,000,000 | 108,000,000 | 115,000,000 | 120,000,000 | 124,000,000 | 123,000,000 | 125,000,000 | 125,000,000 | 111,000,000 | 118,000,000 | 121,000,000 | 120,000,000 | 115,000,000 | 114,000,000 | |
other expense | 2,000,000 | 7,000,000 | 10,000,000 | 14,000,000 | 9,000,000 | 13,000,000 | 17,000,000 | 15,000,000 | 17,000,000 | 3,000,000 | 11,000,000 | 7,000,000 | 15,000,000 | 67,000,000 | -1,000,000 | 1,000,000 | 6,000,000 | 1,000,000 | 8,000,000 | 4,000,000 | 8,000,000 | 16,000,000 | 17,000,000 | 30,000,000 | 31,000,000 | 29,000,000 | 32,000,000 | 10,000,000 | 8,000,000 | 41,000,000 | 20,000,000 | |||||||||||||||||||||||||||||||
income before income taxes | 708,000,000 | 430,000,000 | 495,000,000 | 469,000,000 | 446,000,000 | 392,000,000 | 354,000,000 | 334,000,000 | 303,000,000 | 270,000,000 | 242,000,000 | 243,000,000 | 220,000,000 | 114,500,000 | 104,000,000 | 183,000,000 | 171,000,000 | 78,000,000 | 23,000,000 | 110,000,000 | 113,000,000 | 71,000,000 | -12,000,000 | -86,000,000 | 291,000,000 | 304,000,000 | 209,000,000 | -195,000,000 | 257,000,000 | 160,500,000 | 249,000,000 | 194,000,000 | 199,000,000 | 176,000,000 | 333,000,000 | 330,000,000 | 41,000,000 | -721,000,000 | 206,000,000 | 282,000,000 | 234,000,000 | 330,000,000 | 207,000,000 | -274,000,000 | 45,500,000 | 75,000,000 | 234,000,000 | |||||||||||||||
provision for income taxes | 128,000,000 | 58,000,000 | 110,000,000 | 62,000,000 | 102,000,000 | 78,000,000 | 22,000,000 | 68,000,000 | 60,000,000 | 34,000,000 | 54,000,000 | 72,000,000 | 37,000,000 | 24,000,000 | 36,000,000 | 40,000,000 | 1,000,000 | -4,000,000 | 36,000,000 | 33,000,000 | -35,000,000 | -48,000,000 | -2,000,000 | 76,000,000 | -5,000,000 | 114,000,000 | -74,000,000 | 70,000,000 | 8,000,000 | 88,000,000 | 74,000,000 | 56,000,000 | 272,000,000 | 53,000,000 | 57,000,000 | 82,250,000 | 147,000,000 | 152,000,000 | 30,000,000 | 100,250,000 | 100,000,000 | 75,000,000 | 120,000,000 | 199,000,000 | 78,000,000 | -77,000,000 | 29,000,000 | 31,000,000 | 64,000,000 | 143,000,000 | -33,000,000 | 39,000,000 | 82,250,000 | 55,000,000 | 138,000,000 | 84,000,000 | -137,000,000 | -22,000,000 | -108,000,000 | |||
net income | 580,000,000 | 372,000,000 | 385,000,000 | 407,000,000 | 344,000,000 | 314,000,000 | 332,000,000 | 266,000,000 | 243,000,000 | 236,000,000 | 188,000,000 | 193,000,000 | 148,000,000 | 111,000,000 | 80,000,000 | 147,000,000 | 131,000,000 | 77,000,000 | 27,000,000 | 74,000,000 | 80,000,000 | 106,000,000 | 36,000,000 | -96,000,000 | 215,000,000 | 309,000,000 | 95,000,000 | -121,000,000 | 187,000,000 | 218,000,000 | 161,000,000 | 120,000,000 | 143,000,000 | -727,000,000 | 119,000,000 | 212,000,000 | -1,253,000,000 | 186,000,000 | 178,000,000 | 11,000,000 | -765,000,000 | 106,000,000 | 207,000,000 | 114,000,000 | 131,000,000 | 129,000,000 | -197,000,000 | -2,310,000,000 | 44,000,000 | 170,000,000 | 257,000,000 | -175,000,000 | 99,000,000 | -163,000,000 | 225,000,000 | 366,000,000 | -179,000,000 | -268,000,000 | 124,000,000 | -459,000,000 | -487,000,000 | |
yoy | 68.60% | 18.47% | 15.96% | 53.01% | 41.56% | 33.05% | 76.60% | 37.82% | 64.19% | 112.61% | 135.00% | 31.29% | 12.98% | 44.16% | 196.30% | 98.65% | 63.75% | -27.36% | -25.00% | -177.08% | -62.79% | -65.70% | -62.11% | -20.66% | 14.97% | 41.74% | -40.99% | -200.83% | 30.77% | -129.99% | 35.29% | -43.40% | -111.41% | -490.86% | -33.15% | 1827.27% | 63.79% | 75.47% | -14.01% | -90.35% | -683.97% | -17.83% | -205.08% | -104.94% | 197.73% | -24.12% | -176.65% | 1220.00% | -55.56% | -204.29% | 14.22% | -147.81% | -155.31% | -39.18% | 81.45% | -179.74% | -63.24% | |||||
qoq | 55.91% | -3.38% | -5.41% | 18.31% | 9.55% | -5.42% | 24.81% | 9.47% | 2.97% | 25.53% | -2.59% | 30.41% | 33.33% | 38.75% | -45.58% | 12.21% | 70.13% | 185.19% | -63.51% | -7.50% | -24.53% | 194.44% | -137.50% | -144.65% | -30.42% | 225.26% | -178.51% | -164.71% | -14.22% | 35.40% | 34.17% | -16.08% | -119.67% | -710.92% | -43.87% | -116.92% | -773.66% | 4.49% | 1518.18% | -101.44% | -821.70% | -48.79% | 81.58% | -12.98% | 1.55% | -165.48% | -91.47% | -5350.00% | -74.12% | -33.85% | -246.86% | -276.77% | -160.74% | -172.44% | -38.52% | -304.47% | -33.21% | -316.13% | -127.02% | -5.75% | ||
amounts attributable to howmet aerospace common shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.45 | 0.92 | 0.96 | 1.01 | 0.85 | 0.77 | 0.81 | 0.65 | 0.59 | 0.57 | 0.45 | 0.47 | 0.36 | 0.215 | 0.19 | 0.35 | 0.31 | 0.15 | 0.34 | 0.09 | -0.57 | 0.02 | 0.1 | 0.12 | 0.13 | 0.12 | -0.16 | 0.013 | 0.02 | 0.14 | ||||||||||||||||||||||||||||||||
diluted | 1.44 | 0.92 | 0.95 | 1 | 0.84 | 0.77 | 0.81 | 0.65 | 0.59 | 0.56 | 0.45 | 0.46 | 0.35 | 0.21 | 0.19 | 0.35 | 0.31 | 0.15 | 0.33 | 0.09 | -0.57 | 0.02 | 0.1 | 0.12 | 0.12 | 0.12 | -0.16 | 0.013 | 0.02 | 0.13 | ||||||||||||||||||||||||||||||||
average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 401 | 403 | 404 | 405 | 408 | 408 | 410 | 412 | 413 | 412 | 104.25 | 415 | 417 | 419 | ||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 403 | 405 | 406 | 407 | -1 | 410 | 411 | 412 | -1 | 415 | 417 | 418 | 105.5 | 420 | 422 | 425 | ||||||||||||||||||||||||||||||||||||||||||||||
restructuring and other | -1,000,000 | -4,000,000 | 5,250,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt redemption | 6,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 5,000,000 | 118,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring and other charges | 22,000,000 | 15,000,000 | 4,000,000 | 3,000,000 | 1,000,000 | 44,000,000 | 4,000,000 | 6,000,000 | 2,000,000 | 68,000,000 | 8,000,000 | 5,000,000 | 9,000,000 | 16,000,000 | 22,000,000 | 105,000,000 | 21,000,000 | -10,000,000 | 119,000,000 | 499,000,000 | 12,000,000 | -11,000,000 | -2,000,000 | 15,000,000 | 7,000,000 | 47,000,000 | 19,000,000 | 26,000,000 | 21,000,000 | 18,000,000 | 23,000,000 | 93,000,000 | 735,000,000 | 66,000,000 | 217,000,000 | 388,000,000 | 209,000,000 | 110,000,000 | 461,000,000 | 380,000,000 | 151,000,000 | 7,000,000 | 60,000,000 | 2,000,000 | 10,000,000 | 232,000,000 | 9,000,000 | 6,000,000 | 187,000,000 | 69,000,000 | 17,000,000 | 82,000,000 | 69,000,000 | |||||||||
selling, general administrative, and other incomes | 88,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from depreciation and amortization | 67,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -13,000,000 | -114,000,000 | -1,000,000 | -171,000,000 | 26,000,000 | -117,000,000 | -37,000,000 | -27,000,000 | -16,000,000 | -89,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | 50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations after income taxes | 77,000,000 | 27,000,000 | 74,000,000 | 80,000,000 | 106,000,000 | 36,000,000 | -84,000,000 | 163,250,000 | 119,000,000 | 212,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations after income taxes | -12,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share - basic | 0.49 | 0.7 | 0.22 | -0.27 | 0.4 | 0.218 | 0.33 | 0.25 | 0.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 0.18 | 0.06 | 0.17 | 0.18 | 0.24 | 0.08 | -0.19 | -1.64 | 0.23 | 0.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | -0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share - diluted | 0.49 | 0.68 | 0.21 | -0.27 | 0.39 | 0.215 | 0.32 | 0.24 | 0.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding - basic | -1 | 429 | 432 | 434 | -1 | 436 | 436 | 435 | -5 | 436 | 445 | 471 | 120.75 | 483 | 483 | 482 | 110.25 | 442 | 441 | |||||||||||||||||||||||||||||||||||||||||||
average shares outstanding - diluted | -2 | 434 | 437 | 439 | -1 | 439 | 436 | 440 | 8 | 457 | 445 | 489 | 125.75 | 502 | 502 | 503 | 125.25 | 462 | 462 | |||||||||||||||||||||||||||||||||||||||||||
amounts attributable to arconic common shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid per share | 0.045 | 0.06 | 0.06 | 0.06 | 0.045 | 0.06 | 0.06 | 0.068 | 0.09 | 0.03 | 0.03 | 0.023 | 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | -455,000,000 | 172,000,000 | 269,000,000 | 400,000,000 | -208,000,000 | 138,000,000 | -239,000,000 | 280,000,000 | 505,000,000 | -394,000,000 | 98,000,000 | -425,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
less: income from discontinued operations attributable to noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to arconic | 163,250,000 | 119,000,000 | 212,000,000 | -1,258,000,000 | 166,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | -1.64 | 0.23 | 0.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for depreciation, depletion, and amortization | 233,500,000 | 316,000,000 | 309,000,000 | 309,000,000 | 239,500,000 | 318,000,000 | 319,000,000 | 335,000,000 | 347,000,000 | 349,000,000 | 340,000,000 | 267,750,000 | 348,000,000 | 361,000,000 | 362,000,000 | 366,000,000 | 369,000,000 | 278,000,000 | 376,000,000 | 361,000,000 | 358,000,000 | 369,000,000 | 342,000,000 | 317,000,000 | 283,000,000 | |||||||||||||||||||||||||||||||||||||
total costs and expenses | -2,771,000,000 | 4,880,000,000 | 4,965,000,000 | 4,906,000,000 | 5,966,000,000 | 5,367,000,000 | 5,615,000,000 | 6,143,000,000 | 5,909,000,000 | 5,629,000,000 | 5,728,000,000 | 7,583,000,000 | 5,690,000,000 | 5,599,000,000 | 5,498,000,000 | 6,041,000,000 | 5,868,000,000 | 6,228,000,000 | 6,139,000,000 | 5,453,000,000 | 4,975,000,000 | 5,827,000,000 | 4,517,000,000 | 4,669,000,000 | 4,924,000,000 | |||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | 14,500,000 | 20,000,000 | 43,000,000 | -5,000,000 | -64,000,000 | 62,000,000 | 67,000,000 | -45,000,000 | -18,000,000 | -19,000,000 | 29,000,000 | 20,000,000 | 21,000,000 | 15,000,000 | -32,000,000 | 5,000,000 | 28,000,000 | 53,000,000 | 58,000,000 | 22,000,000 | 9,000,000 | 47,000,000 | -5,000,000 | 10,000,000 | ||||||||||||||||||||||||||||||||||||||
net income attributable to alcoa | 135,000,000 | 16,000,000 | -701,000,000 | 44,000,000 | 140,000,000 | 159,000,000 | 149,000,000 | 138,000,000 | -178,000,000 | -2,339,000,000 | 24,000,000 | 149,000,000 | 242,000,000 | -143,000,000 | 94,000,000 | -191,000,000 | 172,000,000 | 308,000,000 | -277,000,000 | 77,000,000 | -454,000,000 | -497,000,000 | ||||||||||||||||||||||||||||||||||||||||
amounts attributable to alcoa common shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expenses | 34,000,000 | -6,750,000 | -15,000,000 | -6,000,000 | 23,000,000 | 5,000,000 | 25,000,000 | -3,750,000 | -7,000,000 | -345,000,000 | -2,000,000 | -11,750,000 | 31,000,000 | -28,000,000 | 21,000,000 | -45,500,000 | -123,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
earnings per share attributable to alcoa common shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.45 | 0.92 | 0.96 | 1.01 | 0.85 | 0.77 | 0.81 | 0.65 | 0.59 | 0.57 | 0.45 | 0.47 | 0.36 | 0.215 | 0.19 | 0.35 | 0.31 | 0.15 | 0.34 | 0.09 | -0.57 | 0.02 | 0.1 | 0.12 | 0.13 | 0.12 | -0.16 | 0.013 | 0.02 | 0.14 | ||||||||||||||||||||||||||||||||
diluted | 1.44 | 0.92 | 0.95 | 1 | 0.84 | 0.77 | 0.81 | 0.65 | 0.59 | 0.56 | 0.45 | 0.46 | 0.35 | 0.21 | 0.19 | 0.35 | 0.31 | 0.15 | 0.33 | 0.09 | -0.57 | 0.02 | 0.1 | 0.12 | 0.12 | 0.12 | -0.16 | 0.013 | 0.02 | 0.13 | ||||||||||||||||||||||||||||||||
dividends paid per common share | 0.03 | 0.023 | 0.03 | 0.03 | 0.03 | 0.023 | 0.03 | 0.03 | 0.023 | 0.03 | 0.03 | 0.023 | 0.03 | 0.03 | 0.03 | 0.058 | 0.03 | 0.03 | 0.17 | |||||||||||||||||||||||||||||||||||||||||||
less: net loss attributable to noncontrolling interests | -9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 257,000,000 | -175,000,000 | 99,000,000 | -165,000,000 | 225,000,000 | 367,000,000 | -257,000,000 | 120,000,000 | -317,000,000 | -470,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations | -1,250,000 | -1,000,000 | -7,000,000 | -142,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts attributable to alcoa common shareholders: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share attributable to alcoa common shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations before income taxes | -88,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations | -172,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to alcoa | -201,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | -38,750,000 | 4,000,000 | -17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before taxes on income | -777,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for taxes on income | -307,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-06-30 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2013-12-31 | 2013-09-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-03-31 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2003-12-31 | 2002-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 2,435,000,000 | 742,000,000 | 659,000,000 | 545,000,000 | 536,000,000 | 564,000,000 | 475,000,000 | 752,000,000 | 533,000,000 | 610,000,000 | 424,000,000 | 535,000,000 | 537,000,000 | 791,000,000 | 453,000,000 | 537,000,000 | 520,000,000 | 720,000,000 | 724,000,000 | 715,000,000 | 1,238,000,000 | 1,610,000,000 | 1,365,000,000 | 1,281,000,000 | 2,591,000,000 | 1,648,000,000 | 1,321,000,000 | 1,357,000,000 | 1,319,000,000 | 2,277,000,000 | 1,535,000,000 | 1,455,000,000 | 1,205,000,000 | 2,150,000,000 | 1,815,000,000 | 1,785,000,000 | 1,863,000,000 | 1,863,000,000 | 1,929,000,000 | 1,384,000,000 | 1,311,000,000 | 1,877,000,000 | 3,272,000,000 | 1,183,000,000 | 1,437,000,000 | 1,017,000,000 | 1,555,000,000 | 1,861,000,000 | 1,432,000,000 | 1,749,000,000 | 1,939,000,000 | 1,332,000,000 | 887,000,000 | 1,292,000,000 | 1,481,000,000 | 1,066,000,000 | 851,000,000 | 1,131,000,000 | 762,000,000 | 576,000,000 | 344,000,000 |
receivables from customers, less allowances of — in both 2026 and 2025 | 940,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories | 1,975,000,000 | 1,849,000,000 | 1,975,000,000 | 1,964,000,000 | 1,902,000,000 | 1,840,000,000 | 1,902,000,000 | 1,848,000,000 | 1,783,000,000 | 1,765,000,000 | 1,748,000,000 | 1,715,000,000 | 1,662,000,000 | 1,609,000,000 | 1,612,000,000 | 1,563,000,000 | 1,483,000,000 | 1,402,000,000 | 1,420,000,000 | 1,456,000,000 | 1,453,000,000 | 1,488,000,000 | 1,592,000,000 | 1,673,000,000 | 2,512,000,000 | 2,429,000,000 | 2,555,000,000 | 2,606,000,000 | 2,612,000,000 | 2,492,000,000 | 2,622,000,000 | 2,659,000,000 | 2,648,000,000 | 2,480,000,000 | 2,453,000,000 | 2,416,000,000 | 2,253,000,000 | 3,455,000,000 | 3,438,000,000 | 3,549,000,000 | 3,160,000,000 | 3,082,000,000 | 3,138,000,000 | 3,227,000,000 | 2,705,000,000 | 2,893,000,000 | 2,982,000,000 | 2,825,000,000 | 2,973,000,000 | 3,097,000,000 | 2,899,000,000 | 3,172,000,000 | 2,995,000,000 | 2,394,000,000 | 2,328,000,000 | 2,516,000,000 | 2,493,000,000 | 2,756,000,000 | 3,238,000,000 | 2,524,000,000 | 2,441,000,000 |
prepaid expenses and other current assets | 307,000,000 | 392,000,000 | 289,000,000 | 283,000,000 | 215,000,000 | 249,000,000 | 239,000,000 | 235,000,000 | 221,000,000 | 249,000,000 | 212,000,000 | 207,000,000 | 187,000,000 | 206,000,000 | 181,000,000 | 187,000,000 | 250,000,000 | 195,000,000 | 211,000,000 | 212,000,000 | 202,000,000 | 217,000,000 | 213,000,000 | 221,000,000 | 311,000,000 | 314,000,000 | 259,000,000 | 260,000,000 | 306,000,000 | 314,000,000 | 317,000,000 | 324,000,000 | 379,000,000 | 374,000,000 | 357,000,000 | 305,000,000 | 325,000,000 | 580,000,000 | 637,000,000 | 705,000,000 | 1,112,000,000 | 1,182,000,000 | 874,000,000 | 925,000,000 | 1,009,000,000 | 1,101,000,000 | 1,213,000,000 | 1,275,000,000 | 1,303,000,000 | 924,000,000 | 933,000,000 | 865,000,000 | 953,000,000 | 978,000,000 | 1,031,000,000 | 1,045,000,000 | 1,059,000,000 | 987,000,000 | 973,000,000 | 502,000,000 | 439,000,000 |
total current assets | 5,657,000,000 | 3,779,000,000 | 3,824,000,000 | 3,694,000,000 | 3,554,000,000 | 3,362,000,000 | 3,391,000,000 | 3,603,000,000 | 3,340,000,000 | 3,316,000,000 | 3,111,000,000 | 3,128,000,000 | 3,057,000,000 | 3,143,000,000 | 2,846,000,000 | 2,837,000,000 | 2,782,000,000 | 2,737,000,000 | 2,820,000,000 | 2,799,000,000 | 3,328,000,000 | 3,672,000,000 | 3,600,000,000 | 3,702,000,000 | 6,948,000,000 | 5,842,000,000 | 5,908,000,000 | 6,018,000,000 | 6,053,000,000 | 6,581,000,000 | 6,132,000,000 | 6,075,000,000 | 5,895,000,000 | 6,378,000,000 | 6,148,000,000 | 6,033,000,000 | 5,892,000,000 | 9,368,000,000 | 8,093,000,000 | 7,665,000,000 | 7,829,000,000 | 8,269,000,000 | 9,689,000,000 | 7,387,000,000 | 6,969,000,000 | 7,049,000,000 | 7,768,000,000 | 7,700,000,000 | 7,775,000,000 | 7,883,000,000 | 7,713,000,000 | 7,670,000,000 | 7,209,000,000 | 6,619,000,000 | 7,022,000,000 | 7,032,000,000 | 7,459,000,000 | 8,048,000,000 | 8,150,000,000 | 6,740,000,000 | 6,313,000,000 |
properties, plants, and equipment | 2,614,000,000 | 2,593,000,000 | 2,551,000,000 | 2,526,000,000 | 2,440,000,000 | 2,386,000,000 | 2,358,000,000 | 2,307,000,000 | 2,294,000,000 | 2,328,000,000 | 2,296,000,000 | 2,319,000,000 | 2,321,000,000 | 2,332,000,000 | 2,288,000,000 | 2,340,000,000 | 2,400,000,000 | 2,467,000,000 | 2,483,000,000 | 2,515,000,000 | 2,524,000,000 | 2,592,000,000 | 2,552,000,000 | 2,558,000,000 | 5,358,000,000 | 5,463,000,000 | 5,377,000,000 | 5,517,000,000 | 5,727,000,000 | 5,704,000,000 | 5,645,000,000 | 5,582,000,000 | 5,628,000,000 | 5,594,000,000 | 11,791,000,000 | 11,738,000,000 | 5,499,000,000 | 34,943,000,000 | 34,441,000,000 | 34,421,000,000 | 34,277,000,000 | 16,426,000,000 | 36,747,000,000 | 37,897,000,000 | 17,639,000,000 | 37,326,000,000 | 38,378,000,000 | 18,947,000,000 | 37,718,000,000 | 38,429,000,000 | 19,416,000,000 | 37,343,000,000 | 38,120,000,000 | 35,757,000,000 | 19,828,000,000 | 34,932,000,000 | 33,844,000,000 | 32,091,000,000 | 17,455,000,000 | 12,557,000,000 | 12,111,000,000 |
goodwill | 4,078,000,000 | 4,022,000,000 | 4,058,000,000 | 4,065,000,000 | 4,028,000,000 | 4,010,000,000 | 4,047,000,000 | 4,016,000,000 | 4,020,000,000 | 4,035,000,000 | 4,007,000,000 | 4,026,000,000 | 4,024,000,000 | 4,013,000,000 | 3,965,000,000 | 4,012,000,000 | 4,053,000,000 | 4,067,000,000 | 4,077,000,000 | 4,090,000,000 | 4,086,000,000 | 4,102,000,000 | 4,072,000,000 | 4,051,000,000 | 4,457,000,000 | 4,493,000,000 | 4,460,000,000 | 4,500,000,000 | 4,509,000,000 | 4,500,000,000 | 4,517,000,000 | 4,518,000,000 | 4,573,000,000 | 4,535,000,000 | 5,246,000,000 | 5,215,000,000 | 5,148,000,000 | 5,384,000,000 | 5,396,000,000 | 5,402,000,000 | 5,232,000,000 | 5,247,000,000 | 3,389,000,000 | 3,435,000,000 | 3,415,000,000 | 5,144,000,000 | 5,123,000,000 | 5,170,000,000 | 5,175,000,000 | 5,271,000,000 | 5,251,000,000 | 5,271,000,000 | 5,363,000,000 | 5,065,000,000 | 5,051,000,000 | 5,048,000,000 | 5,032,000,000 | 4,934,000,000 | 4,981,000,000 | 6,549,000,000 | 6,365,000,000 |
deferred income taxes | 35,000,000 | 40,000,000 | 31,000,000 | 31,000,000 | 32,000,000 | 35,000,000 | 39,000,000 | 32,000,000 | 38,000,000 | 46,000,000 | 45,000,000 | 52,000,000 | 59,000,000 | 54,000,000 | 106,000,000 | 118,000,000 | 149,000,000 | 184,000,000 | 202,000,000 | 188,000,000 | 227,000,000 | 272,000,000 | 262,000,000 | 194,000,000 | 553,000,000 | 608,000,000 | 466,000,000 | 568,000,000 | 480,000,000 | 573,000,000 | 605,000,000 | 626,000,000 | 675,000,000 | 743,000,000 | 1,024,000,000 | 1,080,000,000 | 1,234,000,000 | 3,074,000,000 | 2,752,000,000 | 2,738,000,000 | 2,518,000,000 | 2,754,000,000 | 2,981,000,000 | 3,243,000,000 | 3,184,000,000 | 3,621,000,000 | 3,717,000,000 | 3,790,000,000 | 3,494,000,000 | 3,615,000,000 | 3,546,000,000 | 3,060,000,000 | 3,264,000,000 | 2,918,000,000 | 2,958,000,000 | 2,642,000,000 | 2,572,000,000 | 2,367,000,000 | 2,688,000,000 | 267,000,000 | 468,000,000 |
intangibles | 451,000,000 | 457,000,000 | 462,000,000 | 467,000,000 | 470,000,000 | 475,000,000 | 484,000,000 | 489,000,000 | 498,000,000 | 505,000,000 | 507,000,000 | 513,000,000 | 518,000,000 | 521,000,000 | 523,000,000 | 534,000,000 | 543,000,000 | 549,000,000 | 554,000,000 | 557,000,000 | 563,000,000 | 571,000,000 | 584,000,000 | 589,000,000 | 647,000,000 | 658,000,000 | 668,000,000 | 686,000,000 | 912,000,000 | 919,000,000 | 954,000,000 | 963,000,000 | 990,000,000 | 987,000,000 | |||||||||||||||||||||||||||
other noncurrent assets | 232,000,000 | 288,000,000 | 251,000,000 | 263,000,000 | 248,000,000 | 251,000,000 | 239,000,000 | 232,000,000 | 220,000,000 | 198,000,000 | 200,000,000 | 195,000,000 | 195,000,000 | 192,000,000 | 201,000,000 | 211,000,000 | 202,000,000 | 215,000,000 | 221,000,000 | 230,000,000 | 243,000,000 | 234,000,000 | 269,000,000 | 269,000,000 | 502,000,000 | 514,000,000 | 605,000,000 | 624,000,000 | 680,000,000 | 416,000,000 | 474,000,000 | 455,000,000 | 458,000,000 | 481,000,000 | 1,293,000,000 | 1,271,000,000 | 1,245,000,000 | 3,035,000,000 | 3,415,000,000 | 3,635,000,000 | 3,806,000,000 | 2,759,000,000 | 2,401,000,000 | 2,654,000,000 | 2,628,000,000 | 2,646,000,000 | 2,680,000,000 | 2,712,000,000 | 3,058,000,000 | 2,568,000,000 | 2,568,000,000 | 2,527,000,000 | 2,561,000,000 | 2,388,000,000 | 2,419,000,000 | ||||||
total assets | 13,067,000,000 | 11,179,000,000 | 11,177,000,000 | 11,046,000,000 | 10,772,000,000 | 10,519,000,000 | 10,558,000,000 | 10,679,000,000 | 10,410,000,000 | 10,428,000,000 | 10,166,000,000 | 10,233,000,000 | 10,174,000,000 | 10,255,000,000 | 9,929,000,000 | 10,052,000,000 | 10,129,000,000 | 10,219,000,000 | 10,357,000,000 | 10,379,000,000 | 10,971,000,000 | 11,443,000,000 | 11,339,000,000 | 11,363,000,000 | 18,465,000,000 | 17,578,000,000 | 17,484,000,000 | 17,913,000,000 | 18,361,000,000 | 18,693,000,000 | 18,327,000,000 | 18,219,000,000 | 18,219,000,000 | 18,718,000,000 | 19,237,000,000 | 19,106,000,000 | 20,038,000,000 | 37,448,000,000 | 36,139,000,000 | 36,140,000,000 | 36,587,000,000 | 37,399,000,000 | 37,122,000,000 | 36,309,000,000 | 35,742,000,000 | 38,229,000,000 | 40,106,000,000 | 40,179,000,000 | 40,191,000,000 | 40,703,000,000 | 40,120,000,000 | 39,598,000,000 | 40,336,000,000 | 37,835,000,000 | 38,472,000,000 | 38,099,000,000 | 37,648,000,000 | 36,912,000,000 | 37,822,000,000 | 31,711,000,000 | 29,810,000,000 |
liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, trade | 1,058,000,000 | 845,000,000 | 957,000,000 | 1,028,000,000 | 991,000,000 | 948,000,000 | 917,000,000 | 971,000,000 | 964,000,000 | 982,000,000 | 894,000,000 | 881,000,000 | 877,000,000 | 962,000,000 | 812,000,000 | 814,000,000 | 777,000,000 | 732,000,000 | 646,000,000 | 632,000,000 | 596,000,000 | 599,000,000 | 521,000,000 | 632,000,000 | 1,799,000,000 | 2,043,000,000 | 1,988,000,000 | 2,095,000,000 | 2,193,000,000 | 2,129,000,000 | 2,061,000,000 | 2,024,000,000 | 1,874,000,000 | 1,839,000,000 | 1,656,000,000 | 1,667,000,000 | 1,744,000,000 | 2,739,000,000 | 2,665,000,000 | 2,657,000,000 | 3,009,000,000 | 3,152,000,000 | 2,979,000,000 | 3,023,000,000 | 2,960,000,000 | 2,816,000,000 | 2,860,000,000 | 2,702,000,000 | 2,590,000,000 | 2,734,000,000 | 2,692,000,000 | 2,480,000,000 | 2,488,000,000 | 1,868,000,000 | 1,954,000,000 | 1,850,000,000 | 1,838,000,000 | 1,957,000,000 | 2,518,000,000 | 1,976,000,000 | 1,618,000,000 |
accrued compensation and retirement costs | 263,000,000 | 343,000,000 | 314,000,000 | 263,000,000 | 235,000,000 | 305,000,000 | 288,000,000 | 235,000,000 | 201,000,000 | 263,000,000 | 240,000,000 | 209,000,000 | 193,000,000 | 195,000,000 | 204,000,000 | 198,000,000 | 172,000,000 | 198,000,000 | 202,000,000 | 195,000,000 | 171,000,000 | 205,000,000 | 215,000,000 | 201,000,000 | 323,000,000 | 432,000,000 | 392,000,000 | 384,000,000 | 339,000,000 | 370,000,000 | 359,000,000 | 364,000,000 | 333,000,000 | 399,000,000 | 379,000,000 | 363,000,000 | 398,000,000 | 830,000,000 | 810,000,000 | 779,000,000 | 802,000,000 | 937,000,000 | 951,000,000 | 937,000,000 | 1,013,000,000 | 1,019,000,000 | 932,000,000 | 1,058,000,000 | 1,018,000,000 | 909,000,000 | 985,000,000 | 956,000,000 | 854,000,000 | 799,000,000 | 925,000,000 | 885,000,000 | 825,000,000 | 746,000,000 | 866,000,000 | 948,000,000 | 933,000,000 |
taxes, including income taxes | 81,000,000 | 77,000,000 | 71,000,000 | 64,000,000 | 105,000,000 | 60,000,000 | 59,000,000 | 81,000,000 | 84,000,000 | 68,000,000 | 73,000,000 | 78,000,000 | 64,000,000 | 48,000,000 | 56,000,000 | 58,000,000 | 63,000,000 | 61,000,000 | 77,000,000 | 80,000,000 | 93,000,000 | 102,000,000 | 82,000,000 | 66,000,000 | 88,000,000 | 87,000,000 | 115,000,000 | 116,000,000 | 114,000,000 | 118,000,000 | 84,000,000 | 69,000,000 | 83,000,000 | 75,000,000 | 74,000,000 | 77,000,000 | 85,000,000 | 217,000,000 | 206,000,000 | 274,000,000 | 383,000,000 | 348,000,000 | 275,000,000 | 351,000,000 | 376,000,000 | 398,000,000 | 438,000,000 | 366,000,000 | 405,000,000 | 479,000,000 | 438,000,000 | 510,000,000 | 475,000,000 | 371,000,000 | 345,000,000 | 363,000,000 | 363,000,000 | ||||
accrued interest payable | 39,000,000 | 47,000,000 | 32,000,000 | 59,000,000 | 32,000,000 | 59,000,000 | 25,000,000 | 64,000,000 | 45,000,000 | 65,000,000 | 58,000,000 | 73,000,000 | 63,000,000 | 75,000,000 | 68,000,000 | 75,000,000 | 69,000,000 | 74,000,000 | 68,000,000 | 75,000,000 | 88,000,000 | 89,000,000 | 99,000,000 | 91,000,000 | 102,000,000 | 112,000,000 | 97,000,000 | 113,000,000 | 97,000,000 | 113,000,000 | 97,000,000 | 113,000,000 | 97,000,000 | 124,000,000 | 101,000,000 | 124,000,000 | 153,000,000 | ||||||||||||||||||||||||
deferred revenue | 129,000,000 | 147,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 109,000,000 | 121,000,000 | 250,000,000 | 181,000,000 | 178,000,000 | 171,000,000 | 227,000,000 | 225,000,000 | 198,000,000 | 200,000,000 | 189,000,000 | 169,000,000 | 206,000,000 | 202,000,000 | 240,000,000 | 176,000,000 | 171,000,000 | 183,000,000 | 201,000,000 | 232,000,000 | 243,000,000 | 289,000,000 | 276,000,000 | 277,000,000 | 453,000,000 | 418,000,000 | 434,000,000 | 479,000,000 | 481,000,000 | 356,000,000 | 371,000,000 | 362,000,000 | 370,000,000 | 349,000,000 | 412,000,000 | 379,000,000 | 329,000,000 | 909,000,000 | 1,000,000,000 | 1,033,000,000 | 936,000,000 | 1,021,000,000 | 958,000,000 | 1,088,000,000 | 1,044,000,000 | 1,093,000,000 | 1,090,000,000 | 1,298,000,000 | 1,344,000,000 | 1,045,000,000 | 1,167,000,000 | 1,024,000,000 | 1,107,000,000 | 1,274,000,000 | 1,218,000,000 | 832,000,000 | 952,000,000 | 916,000,000 | 987,000,000 | 878,000,000 | 970,000,000 |
long-term debt due within one year | 186,000,000 | 191,000,000 | 1,000,000 | 5,000,000 | 7,000,000 | 6,000,000 | 1,000,000 | 782,000,000 | 206,000,000 | 206,000,000 | 1,000,000 | 4,000,000 | 773,000,000 | 774,000,000 | 772,000,000 | 26,000,000 | 29,000,000 | 35,000,000 | 87,000,000 | 655,000,000 | 655,000,000 | 1,025,000,000 | 465,000,000 | 540,000,000 | 128,000,000 | 445,000,000 | 489,000,000 | 572,000,000 | 666,000,000 | 669,000,000 | 663,000,000 | 115,000,000 | 85,000,000 | 56,000,000 | 523,000,000 | 85,000,000 | |||||||||||||||||||||||||
short-term borrowings | 450,000,000 | 54,000,000 | 48,000,000 | 36,000,000 | 32,000,000 | 33,000,000 | 40,000,000 | 50,000,000 | 54,000,000 | 57,000,000 | 133,000,000 | 57,000,000 | 59,000,000 | 51,000,000 | 53,000,000 | 591,000,000 | 722,000,000 | 62,000,000 | 57,000,000 | 221,000,000 | 166,000,000 | 176,000,000 | 343,000,000 | 663,000,000 | 680,000,000 | 478,000,000 | 56,000,000 | 37,000,000 | |||||||||||||||||||||||||||||||||
total current liabilities | 2,315,000,000 | 1,771,000,000 | 1,625,000,000 | 1,600,000,000 | 1,548,000,000 | 1,549,000,000 | 1,517,000,000 | 2,358,000,000 | 1,698,000,000 | 1,784,000,000 | 1,454,000,000 | 1,410,000,000 | 1,403,000,000 | 1,482,000,000 | 1,381,000,000 | 1,322,000,000 | 1,255,000,000 | 1,253,000,000 | 1,208,000,000 | 1,227,000,000 | 1,680,000,000 | 1,660,000,000 | 1,577,000,000 | 1,658,000,000 | 4,107,000,000 | 4,126,000,000 | 4,460,000,000 | 3,621,000,000 | 3,659,000,000 | 3,520,000,000 | 3,014,000,000 | 2,977,000,000 | 2,802,000,000 | 2,824,000,000 | 2,677,000,000 | 2,658,000,000 | 2,749,000,000 | 5,500,000,000 | 5,488,000,000 | 5,555,000,000 | 5,206,000,000 | 5,541,000,000 | 5,354,000,000 | 5,842,000,000 | 6,105,000,000 | 6,040,000,000 | 6,500,000,000 | 5,942,000,000 | 6,531,000,000 | 6,292,000,000 | 6,013,000,000 | 5,623,000,000 | 5,717,000,000 | 5,144,000,000 | 5,414,000,000 | 5,017,000,000 | 5,055,000,000 | 5,287,000,000 | 7,279,000,000 | 5,084,000,000 | 4,461,000,000 |
long-term debt, less amount due within one year | 4,050,000,000 | 2,859,000,000 | 3,309,000,000 | 3,500,000,000 | 4,162,000,000 | 4,170,000,000 | 4,169,000,000 | 4,228,000,000 | 4,227,000,000 | 4,272,000,000 | 4,227,000,000 | 4,224,000,000 | 4,699,000,000 | 4,697,000,000 | 4,695,000,000 | 5,777,000,000 | 4,906,000,000 | 4,905,000,000 | 5,901,000,000 | 5,899,000,000 | 5,896,000,000 | 6,315,000,000 | 6,312,000,000 | 6,309,000,000 | 6,806,000,000 | 6,802,000,000 | 6,796,000,000 | 8,044,000,000 | 9,501,000,000 | 8,278,000,000 | 8,257,000,000 | 8,713,000,000 | 8,769,000,000 | 8,797,000,000 | 7,612,000,000 | 7,607,000,000 | 7,630,000,000 | 7,745,000,000 | 8,311,000,000 | 8,350,000,000 | 8,618,000,000 | 8,640,000,000 | 8,658,000,000 | 8,501,000,000 | 8,925,000,000 | 8,974,000,000 | 9,067,000,000 | 9,387,000,000 | 9,107,000,000 | 8,509,000,000 | 6,692,000,000 | 8,365,000,000 | |||||||||
accrued pension benefits | 533,000,000 | 546,000,000 | 597,000,000 | 613,000,000 | 625,000,000 | 625,000,000 | 629,000,000 | 645,000,000 | 662,000,000 | 664,000,000 | 618,000,000 | 626,000,000 | 625,000,000 | 633,000,000 | 689,000,000 | 710,000,000 | 746,000,000 | 771,000,000 | 847,000,000 | 868,000,000 | 941,000,000 | 985,000,000 | 1,002,000,000 | 1,006,000,000 | 2,389,000,000 | 2,460,000,000 | 2,001,000,000 | 2,079,000,000 | 2,172,000,000 | 2,230,000,000 | 2,120,000,000 | 2,184,000,000 | 2,249,000,000 | 2,564,000,000 | 2,110,000,000 | 2,202,000,000 | 2,345,000,000 | 3,700,000,000 | 3,122,000,000 | 3,251,000,000 | 3,182,000,000 | 3,291,000,000 | 2,840,000,000 | 3,020,000,000 | 3,183,000,000 | 3,407,000,000 | 3,626,000,000 | 3,722,000,000 | 2,754,000,000 | 3,059,000,000 | 3,261,000,000 | 2,081,000,000 | 2,309,000,000 | 2,547,000,000 | 3,163,000,000 | 2,797,000,000 | 2,792,000,000 | 2,930,000,000 | 2,941,000,000 | ||
accrued other postretirement benefits | 36,000,000 | 38,000,000 | 50,000,000 | 52,000,000 | 54,000,000 | 54,000,000 | 84,000,000 | 90,000,000 | 91,000,000 | 92,000,000 | 98,000,000 | 106,000,000 | 108,000,000 | 109,000,000 | 147,000,000 | 150,000,000 | 152,000,000 | 153,000,000 | 154,000,000 | 156,000,000 | 159,000,000 | 198,000,000 | 191,000,000 | 190,000,000 | 700,000,000 | 714,000,000 | 629,000,000 | 641,000,000 | 636,000,000 | 723,000,000 | 773,000,000 | 815,000,000 | 833,000,000 | 841,000,000 | 811,000,000 | 822,000,000 | 889,000,000 | 2,177,000,000 | 2,070,000,000 | 2,077,000,000 | 2,105,000,000 | 2,155,000,000 | 2,119,000,000 | 2,244,000,000 | 2,354,000,000 | 2,527,000,000 | 2,578,000,000 | 2,603,000,000 | 2,516,000,000 | 2,560,000,000 | 2,583,000,000 | 2,555,000,000 | 2,606,000,000 | ||||||||
other noncurrent liabilities and deferred credits | 611,000,000 | 612,000,000 | 574,000,000 | 486,000,000 | 436,000,000 | 428,000,000 | 432,000,000 | 432,000,000 | 387,000,000 | 351,000,000 | 330,000,000 | 327,000,000 | 289,000,000 | 268,000,000 | 269,000,000 | 280,000,000 | 291,000,000 | 307,000,000 | 297,000,000 | 303,000,000 | 305,000,000 | 324,000,000 | 371,000,000 | 365,000,000 | 695,000,000 | 751,000,000 | 779,000,000 | 805,000,000 | 817,000,000 | 739,000,000 | 730,000,000 | 713,000,000 | 744,000,000 | 759,000,000 | 876,000,000 | 875,000,000 | 870,000,000 | 2,625,000,000 | 2,652,000,000 | 2,639,000,000 | 2,743,000,000 | 2,849,000,000 | 2,877,000,000 | 2,885,000,000 | 2,971,000,000 | 2,761,000,000 | 2,883,000,000 | 3,078,000,000 | 3,186,000,000 | 2,548,000,000 | 2,428,000,000 | 2,373,000,000 | 2,770,000,000 | 2,631,000,000 | 2,605,000,000 | 1,803,000,000 | 1,659,000,000 | 1,530,000,000 | 1,580,000,000 | 3,389,000,000 | 2,878,000,000 |
total liabilities | 7,545,000,000 | 5,826,000,000 | 6,034,000,000 | 6,004,000,000 | 5,980,000,000 | 5,965,000,000 | 6,055,000,000 | 6,402,000,000 | 6,324,000,000 | 6,391,000,000 | 6,294,000,000 | 6,458,000,000 | 6,413,000,000 | 6,654,000,000 | 6,656,000,000 | 6,631,000,000 | 6,672,000,000 | 6,711,000,000 | 6,778,000,000 | 6,781,000,000 | 7,309,000,000 | 7,866,000,000 | 7,838,000,000 | 7,914,000,000 | 13,668,000,000 | 12,957,000,000 | 12,774,000,000 | 13,047,000,000 | 13,183,000,000 | 13,108,000,000 | 12,952,000,000 | 13,001,000,000 | 12,937,000,000 | 13,794,000,000 | 13,276,000,000 | 13,353,000,000 | 14,897,000,000 | 23,503,000,000 | 21,610,000,000 | 21,779,000,000 | 21,949,000,000 | 22,605,000,000 | 21,987,000,000 | 21,603,000,000 | 22,220,000,000 | 22,365,000,000 | 23,332,000,000 | 23,656,000,000 | 23,337,000,000 | 23,077,000,000 | 22,925,000,000 | 21,315,000,000 | 21,932,000,000 | 21,985,000,000 | 22,912,000,000 | 21,881,000,000 | 22,067,000,000 | 21,975,000,000 | 23,490,000,000 | 18,296,000,000 | 18,590,000,000 |
contingencies and commitments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
howmet aerospace shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 401,000,000 | 402,000,000 | 403,000,000 | 404,000,000 | 404,000,000 | 405,000,000 | 407,000,000 | 408,000,000 | 408,000,000 | 410,000,000 | 412,000,000 | 412,000,000 | 412,000,000 | 412,000,000 | 414,000,000 | 416,000,000 | 418,000,000 | 422,000,000 | 428,000,000 | 429,000,000 | 434,000,000 | 433,000,000 | 434,000,000 | 436,000,000 | 436,000,000 | 433,000,000 | 434,000,000 | 440,000,000 | 453,000,000 | 483,000,000 | 483,000,000 | 483,000,000 | 483,000,000 | 481,000,000 | 442,000,000 | 441,000,000 | 438,000,000 | 438,000,000 | 1,391,000,000 | 1,391,000,000 | 1,304,000,000 | 1,304,000,000 | 1,267,000,000 | 1,267,000,000 | 1,178,000,000 | 1,178,000,000 | 1,178,000,000 | 1,178,000,000 | 1,178,000,000 | 1,178,000,000 | 1,178,000,000 | 1,178,000,000 | 1,178,000,000 | 1,141,000,000 | 1,097,000,000 | 1,097,000,000 | 1,097,000,000 | 1,097,000,000 | 925,000,000 | 925,000,000 | 925,000,000 |
additional capital | 2,187,000,000 | 2,531,000,000 | 2,717,000,000 | 2,898,000,000 | 3,095,000,000 | 3,206,000,000 | 3,386,000,000 | 3,486,000,000 | 3,542,000,000 | 3,682,000,000 | 3,770,000,000 | 3,782,000,000 | 3,941,000,000 | 3,947,000,000 | 3,998,000,000 | 4,079,000,000 | 4,123,000,000 | 4,291,000,000 | 4,473,000,000 | 4,481,000,000 | 4,671,000,000 | 4,668,000,000 | 4,683,000,000 | 4,703,000,000 | 7,326,000,000 | 7,319,000,000 | 7,314,000,000 | 7,484,000,000 | 7,644,000,000 | 8,319,000,000 | 8,310,000,000 | 8,295,000,000 | 8,280,000,000 | 8,266,000,000 | 8,294,000,000 | 8,262,000,000 | 8,214,000,000 | 8,197,000,000 | 9,877,000,000 | 9,856,000,000 | 9,147,000,000 | 9,284,000,000 | 8,760,000,000 | 7,635,000,000 | 7,509,000,000 | 7,536,000,000 | 7,508,000,000 | 7,560,000,000 | 7,549,000,000 | 7,523,000,000 | 7,561,000,000 | 7,545,000,000 | 7,508,000,000 | 7,100,000,000 | 6,608,000,000 | 6,612,000,000 | 6,601,000,000 | 6,579,000,000 | 5,850,000,000 | 5,831,000,000 | 6,101,000,000 |
retained earnings | 4,625,000,000 | 4,093,000,000 | 3,722,000,000 | 3,434,000,000 | 3,068,000,000 | 2,766,000,000 | 2,453,000,000 | 2,186,000,000 | 1,942,000,000 | 1,720,000,000 | 1,485,000,000 | 1,334,000,000 | 1,159,000,000 | 1,028,000,000 | 917,000,000 | 863,000,000 | 725,000,000 | 603,000,000 | 534,000,000 | 517,000,000 | 443,000,000 | 364,000,000 | 258,000,000 | 223,000,000 | 335,000,000 | 129,000,000 | 8,940,000,000 | 8,871,000,000 | 8,753,000,000 | 9,605,000,000 | 9,379,000,000 | 9,276,000,000 | 9,163,000,000 | 9,272,000,000 | 11,611,000,000 | 11,805,000,000 | 11,689,000,000 | 11,447,000,000 | 11,690,000,000 | 11,629,000,000 | 11,820,000,000 | 11,424,000,000 | 10,787,000,000 | 11,020,000,000 | 11,297,000,000 | 11,281,000,000 | 11,734,000,000 | 12,400,000,000 | 7,850,000,000 | 7,428,000,000 | |||||||||||
accumulated other comprehensive loss | -1,691,000,000 | -1,673,000,000 | -1,754,000,000 | -1,749,000,000 | -1,830,000,000 | -1,878,000,000 | -1,798,000,000 | -1,858,000,000 | -1,861,000,000 | -1,830,000,000 | -1,850,000,000 | -1,808,000,000 | -1,806,000,000 | -1,841,000,000 | -2,111,000,000 | -1,992,000,000 | -1,864,000,000 | -1,863,000,000 | -1,911,000,000 | -1,884,000,000 | -1,941,000,000 | -1,943,000,000 | -1,929,000,000 | -1,968,000,000 | -3,369,000,000 | -3,329,000,000 | -2,928,000,000 | -2,869,000,000 | -2,852,000,000 | -2,926,000,000 | -2,544,000,000 | -2,556,000,000 | -2,386,000,000 | -2,644,000,000 | -2,327,000,000 | -2,454,000,000 | -2,568,000,000 | -5,858,000,000 | -5,215,000,000 | -5,175,000,000 | -4,966,000,000 | -4,677,000,000 | -3,836,000,000 | -3,168,000,000 | -3,659,000,000 | -3,714,000,000 | -3,309,000,000 | -3,402,000,000 | -2,777,000,000 | -2,406,000,000 | -2,627,000,000 | -1,725,000,000 | -1,418,000,000 | -2,223,000,000 | -2,092,000,000 | -1,559,000,000 | -1,945,000,000 | -2,756,000,000 | -3,169,000,000 | -569,000,000 | -1,754,000,000 |
total equity | 5,522,000,000 | 5,353,000,000 | 5,143,000,000 | 5,042,000,000 | 4,792,000,000 | 4,554,000,000 | 4,503,000,000 | 4,277,000,000 | 4,086,000,000 | 4,037,000,000 | 3,872,000,000 | 3,775,000,000 | 3,761,000,000 | 3,601,000,000 | 3,273,000,000 | 3,421,000,000 | 3,457,000,000 | 3,508,000,000 | 3,579,000,000 | 3,598,000,000 | 3,662,000,000 | 3,577,000,000 | 3,501,000,000 | 3,449,000,000 | 4,797,000,000 | 4,621,000,000 | 4,710,000,000 | 4,866,000,000 | 5,178,000,000 | 5,585,000,000 | 5,375,000,000 | 5,218,000,000 | 5,282,000,000 | 4,924,000,000 | 5,961,000,000 | 5,753,000,000 | 5,141,000,000 | 13,945,000,000 | 14,529,000,000 | 14,361,000,000 | 14,638,000,000 | 14,794,000,000 | 15,135,000,000 | 14,706,000,000 | 13,522,000,000 | 15,864,000,000 | 16,774,000,000 | 16,523,000,000 | 16,854,000,000 | 17,626,000,000 | 17,195,000,000 | 18,283,000,000 | 18,404,000,000 | 15,850,000,000 | 15,520,000,000 | 16,218,000,000 | 15,581,000,000 | 14,937,000,000 | |||
total liabilities and equity | 13,067,000,000 | 11,179,000,000 | 11,177,000,000 | 11,046,000,000 | 10,772,000,000 | 10,519,000,000 | 10,558,000,000 | 10,679,000,000 | 10,410,000,000 | 10,428,000,000 | 10,166,000,000 | 10,233,000,000 | 10,174,000,000 | 10,255,000,000 | 9,929,000,000 | 10,052,000,000 | 10,129,000,000 | 10,219,000,000 | 10,357,000,000 | 10,379,000,000 | 10,971,000,000 | 11,443,000,000 | 11,339,000,000 | 11,363,000,000 | 18,465,000,000 | 17,578,000,000 | 17,484,000,000 | 17,913,000,000 | 18,361,000,000 | 18,693,000,000 | 18,327,000,000 | 18,219,000,000 | 18,219,000,000 | 18,718,000,000 | 19,237,000,000 | 19,106,000,000 | 20,038,000,000 | 37,448,000,000 | 36,139,000,000 | 36,140,000,000 | 36,587,000,000 | 37,399,000,000 | 37,122,000,000 | 36,309,000,000 | 35,742,000,000 | 38,229,000,000 | 40,106,000,000 | 40,179,000,000 | 40,191,000,000 | 40,703,000,000 | 40,120,000,000 | 39,598,000,000 | 40,336,000,000 | 37,835,000,000 | 38,472,000,000 | 38,099,000,000 | 37,648,000,000 | 36,912,000,000 | 37,822,000,000 | 31,711,000,000 | 29,810,000,000 |
receivables from customers, less allowances of — in both 2025 and 2024 | 779,000,000 | 884,000,000 | 888,000,000 | 888,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables | 17,000,000 | 17,000,000 | 14,000,000 | 13,000,000 | 20,000,000 | 18,000,000 | 19,000,000 | 18,000,000 | 17,000,000 | 13,000,000 | 14,000,000 | 16,000,000 | 31,000,000 | 50,000,000 | 49,000,000 | 50,000,000 | 53,000,000 | 57,000,000 | 100,000,000 | 96,000,000 | 29,000,000 | 120,000,000 | 163,000,000 | 244,000,000 | 484,000,000 | 657,000,000 | 640,000,000 | 646,000,000 | 451,000,000 | 511,000,000 | 478,000,000 | 484,000,000 | 339,000,000 | 373,000,000 | 357,000,000 | 477,000,000 | 458,000,000 | 494,000,000 | 471,000,000 | 688,000,000 | 733,000,000 | 925,000,000 | 671,000,000 | 597,000,000 | 616,000,000 | 338,000,000 | 340,000,000 | 448,000,000 | 587,000,000 | 371,000,000 | 386,000,000 | 373,000,000 | 308,000,000 | 653,000,000 | 651,000,000 | 1,246,000,000 | 1,003,000,000 | 708,000,000 | 350,000,000 | 174,000,000 | |
howmet aerospace inc. shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | ||
long-term debt | 3,188,000,000 | 3,253,000,000 | 3,317,000,000 | 3,393,000,000 | 2,877,000,000 | 3,486,000,000 | 3,794,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of — in both 2024 and 2023 | 689,000,000 | 757,000,000 | 749,000,000 | 785,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of — in 2023 and 1 in 2022 | 675,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 1 in both 2023 and 2022 | 714,000,000 | 657,000,000 | 655,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less amounts due within one year | 3,989,000,000 | 3,988,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 1 in 2022 and — in 2021 | 506,000,000 | 479,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term debt | 1,000,000 | 1,000,000 | 3,000,000 | 5,000,000 | 14,000,000 | 13,000,000 | 489,000,000 | 376,000,000 | 384,000,000 | 391,000,000 | 1,342,000,000 | 1,034,000,000 | 1,434,000,000 | 434,000,000 | 435,000,000 | 434,000,000 | 42,000,000 | 45,000,000 | 45,000,000 | 38,000,000 | |||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of — in both 2022 and 2021 | 550,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of — in 2022 and 2021 | 501,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of — in 2021 and 1 in 2020 | 367,000,000 | 408,000,000 | 316,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total howmet aerospace inc. shareholders’ equity | 3,508,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 14,000,000 | 14,000,000 | 14,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 13,000,000 | 13,000,000 | 26,000,000 | 2,170,000,000 | 2,194,000,000 | 2,135,000,000 | 2,324,000,000 | 2,488,000,000 | 2,739,000,000 | 3,029,000,000 | 2,929,000,000 | 3,008,000,000 | 3,353,000,000 | 3,324,000,000 | 3,284,000,000 | 3,484,000,000 | 3,351,000,000 | 3,364,000,000 | 3,630,000,000 | 3,181,000,000 | 3,100,000,000 | 2,984,000,000 | 2,764,000,000 | 2,500,000,000 | |||||||||||||||||||||||||||
receivables from customers, less allowances of 1 in 2021 and 1 in 2020 | 339,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 1 in 2020 and 1 in 2019 | 328,000,000 | 310,000,000 | 364,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncurrent assets of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncurrent liabilities of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total howmet aerospace shareholders’ equity | 3,577,000,000 | 3,501,000,000 | 3,449,000,000 | 4,783,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 2 in 2020 and 3 in 2019 | 1,290,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 3 in 2019 and 4 in 2018 | 967,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
arconic shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total arconic shareholders’ equity | 4,607,000,000 | 4,696,000,000 | 4,854,000,000 | 5,166,000,000 | 5,573,000,000 | 5,361,000,000 | 5,204,000,000 | 5,268,000,000 | 4,910,000,000 | 5,948,000,000 | 5,740,000,000 | 5,115,000,000 | 11,775,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 4 in 2019 and 2018 | 1,116,000,000 | 1,155,000,000 | 1,170,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -179,000,000 | -256,000,000 | -134,000,000 | -358,000,000 | -943,000,000 | -1,073,000,000 | -1,164,000,000 | -1,248,000,000 | -519,000,000 | -567,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 4 in 2018 and 8 in 2017 | 1,047,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 5 in 2018 and 8 in 2017 | 1,147,000,000 | 1,159,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 8 in 2018 and 2017 | 1,179,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 8 in 2017 and 13 in 2016 | 1,035,000,000 | 1,170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in common stock of alcoa corporation | 1,020,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mandatory convertible preferred stock | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 7 in 2017 and 13 in 2016 | 1,150,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: accumulated depreciation and amortization | 6,265,000,000 | 6,231,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 13 in 2016 and 8 in 2015 | 974,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained (deficit) earnings | -1,027,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -2,647,000,000 | -2,657,000,000 | -2,834,000,000 | -3,042,000,000 | -3,129,000,000 | -3,275,000,000 | -3,762,000,000 | -3,810,000,000 | -3,816,000,000 | -3,881,000,000 | -3,882,000,000 | -3,898,000,000 | -3,952,000,000 | -3,954,000,000 | -3,973,000,000 | -4,191,000,000 | -4,268,000,000 | -4,268,000,000 | -4,272,000,000 | -4,272,000,000 | -4,326,000,000 | -2,017,000,000 | -2,828,000,000 | ||||||||||||||||||||||||||||||||||||||
restricted cash | 1,337,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 14 in 2016 and 13 in 2015 | 1,675,000,000 | 1,595,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: accumulated depreciation, depletion, and amortization | 19,821,000,000 | 19,424,000,000 | 19,405,000,000 | 19,003,000,000 | 20,031,000,000 | 20,286,000,000 | 19,465,000,000 | 19,422,000,000 | 18,860,000,000 | 18,813,000,000 | 17,872,000,000 | 17,753,000,000 | 16,090,000,000 | 15,340,000,000 | 14,811,000,000 | 13,944,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
investments | 1,465,000,000 | 1,466,000,000 | 1,684,000,000 | 1,928,000,000 | 1,944,000,000 | 1,946,000,000 | 1,979,000,000 | 1,907,000,000 | 1,908,000,000 | 1,862,000,000 | 1,860,000,000 | 1,831,000,000 | 1,750,000,000 | 1,626,000,000 | 1,521,000,000 | 1,469,000,000 | 1,058,000,000 | 1,061,000,000 | 940,000,000 | 850,000,000 | 801,000,000 | 1,915,000,000 | |||||||||||||||||||||||||||||||||||||||
alcoa shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total alcoa shareholders’ equity | 12,335,000,000 | 12,226,000,000 | 12,314,000,000 | 12,306,000,000 | 12,396,000,000 | 11,677,000,000 | 10,593,000,000 | 12,856,000,000 | 13,421,000,000 | 13,199,000,000 | 13,570,000,000 | 14,142,000,000 | 13,844,000,000 | 14,919,000,000 | 14,774,000,000 | 12,669,000,000 | 12,420,000,000 | 13,234,000,000 | 12,817,000,000 | 12,437,000,000 | |||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 13 in 2016 and 13 in 2015 | 1,556,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 13 in 2015 and 14 in 2014 | 1,558,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 14 in 2014 and 20 in 2013 | 1,395,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 20 in both 2014 and 2013 | 1,480,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commercial paper | 99,000,000 | 223,000,000 | 104,000,000 | 43,000,000 | 275,000,000 | 224,000,000 | 107,000,000 | 100,000,000 | 333,000,000 | 1,535,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 21 in 2014 and 20 in 2013 | 1,381,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 20 in 2013 and 39 in 2012 | 1,221,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 21 in 2013 and 39 in 2012 | 1,422,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 35 in 2013 and 39 in 2012 | 1,680,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 39 in 2012 and 46 in 2011 | 1,399,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 44 in 2012 and 46 in 2011 | 1,619,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 45 in 2012 and 46 in 2011 | 1,526,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 46 in both 2011 and 2010 | 1,571,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 39 in 2011 and 45 in 2010 | 1,915,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | 78,000,000 | 103,000,000 | 120,000,000 | 133,000,000 | 179,000,000 | 176,000,000 | 231,000,000 | 247,000,000 | 549,000,000 | 575,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of operations held for sale | 25,000,000 | 29,000,000 | 49,000,000 | 60,000,000 | 76,000,000 | 64,000,000 | 130,000,000 | 130,000,000 | 107,000,000 | 64,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 45 in 2011 and 2010 | 2,001,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 61 in 2010 and 70 in 2009 | 1,647,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued postretirement benefits | 2,689,000,000 | 2,696,000,000 | 2,755,000,000 | 2,723,000,000 | 2,730,000,000 | 2,730,000,000 | 2,220,000,000 | 2,320,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible securities of subsidiary | 40,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 70 in 2009 and 65 in 2008 | 1,529,000,000 | 1,677,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of hedged aluminum | 31,000,000 | 199,000,000 | 494,000,000 | 586,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of derivative contracts | 127,000,000 | 81,000,000 | 199,000,000 | 382,000,000 | 461,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 74 in 2009 and 65 in 2008 | 1,723,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 2,666,000,000 | 2,526,000,000 | 2,384,000,000 | 2,386,000,000 | 5,316,000,000 | 4,446,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 72 in 2009 and 65 in 2008 | 1,611,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes, including taxes on income | 188,000,000 | 378,000,000 | 703,000,000 | 818,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances of 65 in 2008 and 68 in 2007 | 1,883,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests | 2,597,000,000 | 1,340,000,000 | 1,293,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 11,735,000,000 | 12,075,000,000 | 9,927,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances: 2003 – 105; 2002 – 124 | 2,521,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 69,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from customers, less allowances: 2002-120; 2001-121 | 2,378,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2014-12-31 | 2014-09-30 | 2013-03-31 | 2012-03-31 | 2011-12-31 | 2011-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||
net income | 580,000,000 | 372,000,000 | 385,000,000 | 407,000,000 | 344,000,000 | 314,000,000 | 332,000,000 | 266,000,000 | 243,000,000 | 236,000,000 | 188,000,000 | 193,000,000 | 148,000,000 | 111,000,000 | 80,000,000 | 147,000,000 | 131,000,000 | 77,000,000 | 27,000,000 | 74,000,000 | 80,000,000 | 106,000,000 | 36,000,000 | -96,000,000 | 215,000,000 | 309,000,000 | 95,000,000 | -121,000,000 | 187,000,000 | 218,000,000 | 161,000,000 | 120,000,000 | 143,000,000 | 119,000,000 | -1,253,000,000 | 186,000,000 | 178,000,000 | 11,000,000 | 114,000,000 | 131,000,000 | 170,000,000 | 99,000,000 | -163,000,000 | 366,000,000 | -268,000,000 | 124,000,000 | -459,000,000 | -487,000,000 | |
adjustments to reconcile net income to cash from operations: | |||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 74,000,000 | 73,000,000 | 72,000,000 | 69,000,000 | 69,000,000 | 73,000,000 | 68,000,000 | 69,000,000 | 67,000,000 | 68,000,000 | 68,000,000 | 67,000,000 | 69,000,000 | 67,000,000 | 65,000,000 | 67,000,000 | 66,000,000 | 67,000,000 | 68,000,000 | 67,000,000 | 68,000,000 | 67,000,000 | 68,000,000 | 74,000,000 | 129,000,000 | 129,000,000 | 131,000,000 | 139,000,000 | 137,000,000 | 149,000,000 | 141,000,000 | 144,000,000 | 142,000,000 | ||||||||||||||||
deferred income taxes | 15,000,000 | -58,000,000 | 63,000,000 | -6,000,000 | 18,000,000 | 16,000,000 | -28,000,000 | 35,000,000 | 32,000,000 | 16,000,000 | 35,000,000 | 26,000,000 | 31,000,000 | 21,000,000 | 6,000,000 | 24,000,000 | 28,000,000 | 14,000,000 | 9,000,000 | 5,000,000 | 10,000,000 | -23,000,000 | 0 | 6,000,000 | 19,000,000 | 17,000,000 | 42,000,000 | -86,000,000 | 8,000,000 | -64,000,000 | 48,000,000 | 29,000,000 | 18,000,000 | 410,000,000 | -3,000,000 | 1,192,000,000 | 11,000,000 | 8,000,000 | -86,000,000 | -37,000,000 | 135,000,000 | -13,000,000 | -100,000,000 | -103,000,000 | -119,000,000 | -541,000,000 | -33,000,000 | 2,000,000 | -24,000,000 |
restructuring and other credits | -93,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized losses | 4,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 7,000,000 | 5,000,000 | 6,000,000 | 7,000,000 | 5,000,000 | 6,000,000 | 7,000,000 | 4,000,000 | 6,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||
net periodic pension cost | 11,000,000 | 11,000,000 | 10,000,000 | 11,000,000 | 10,000,000 | 9,000,000 | 11,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 9,000,000 | 10,000,000 | 9,000,000 | 7,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||
stock-based compensation | 21,000,000 | 14,000,000 | 20,000,000 | 25,000,000 | 14,000,000 | 9,000,000 | 16,000,000 | 23,000,000 | 15,000,000 | 11,000,000 | 13,000,000 | 12,000,000 | 14,000,000 | 11,000,000 | 14,000,000 | 18,000,000 | 11,000,000 | 13,000,000 | 14,000,000 | 8,000,000 | 6,000,000 | 10,000,000 | 12,000,000 | 10,000,000 | 13,000,000 | 16,000,000 | 17,000,000 | 17,000,000 | 10,000,000 | 7,000,000 | 14,000,000 | 14,000,000 | 15,000,000 | 8,000,000 | 11,000,000 | 13,000,000 | 18,000,000 | 29,000,000 | 26,000,000 | 16,000,000 | 22,000,000 | 23,000,000 | 19,000,000 | 13,000,000 | 23,000,000 | 18,000,000 | 16,000,000 | 27,000,000 | 26,000,000 |
other | 3,000,000 | 5,000,000 | 1,000,000 | -1,000,000 | 3,000,000 | -3,000,000 | -3,000,000 | 6,000,000 | 1,000,000 | 1,000,000 | 5,000,000 | -14,000,000 | -1,000,000 | 5,000,000 | 22,000,000 | -8,000,000 | -18,000,000 | 32,000,000 | 14,000,000 | -4,000,000 | 15,000,000 | 23,000,000 | 25,000,000 | -2,000,000 | 1,000,000 | 3,000,000 | 11,000,000 | 14,000,000 | 11,000,000 | 1,000,000 | 49,000,000 | 1,000,000 | -3,000,000 | -7,000,000 | 48,000,000 | 4,000,000 | 15,000,000 | -1,000,000 | 24,000,000 | 19,000,000 | 18,000,000 | 6,000,000 | 79,000,000 | 19,000,000 | 79,000,000 | 26,000,000 | |||
changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments: | |||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivables | -164,000,000 | 71,000,000 | -10,000,000 | 19,000,000 | -189,000,000 | 40,000,000 | 3,000,000 | 27,000,000 | -127,000,000 | 47,000,000 | -70,000,000 | -4,000,000 | -137,000,000 | 85,000,000 | -77,000,000 | -46,000,000 | -123,000,000 | 45,000,000 | -151,000,000 | -87,000,000 | -144,000,000 | ||||||||||||||||||||||||||||
increase in inventories | -110,000,000 | 45,000,000 | -14,000,000 | -32,000,000 | -49,000,000 | 33,000,000 | -30,000,000 | -78,000,000 | -31,000,000 | -49,000,000 | -54,000,000 | -45,000,000 | |||||||||||||||||||||||||||||||||||||
decrease in prepaid expenses and other current assets | -12,000,000 | -17,000,000 | -18,000,000 | 24,000,000 | 4,000,000 | -18,000,000 | 23,000,000 | -12,000,000 | 12,000,000 | -11,000,000 | 4,000,000 | -4,000,000 | 5,000,000 | -4,000,000 | -13,000,000 | 23,000,000 | -3,000,000 | 12,000,000 | -1,000,000 | 2,000,000 | -11,000,000 | 20,000,000 | -12,000,000 | 5,000,000 | -24,000,000 | -14,000,000 | -15,000,000 | 25,000,000 | 5,000,000 | 63,000,000 | -71,000,000 | 32,000,000 | -20,000,000 | 103,000,000 | 11,000,000 | ||||||||||||||
increase in accounts payable, trade | 220,000,000 | -57,000,000 | 16,000,000 | 58,000,000 | -16,000,000 | 22,000,000 | 50,000,000 | 23,000,000 | -13,000,000 | -67,000,000 | 116,000,000 | 12,000,000 | 50,000,000 | 68,000,000 | 81,000,000 | 15,000,000 | 22,000,000 | 26,000,000 | -215,000,000 | 63,000,000 | -90,000,000 | -94,000,000 | 65,000,000 | 82,000,000 | 39,000,000 | 204,000,000 | 14,000,000 | 173,000,000 | 57,000,000 | 180,000,000 | 3,000,000 | 223,000,000 | 113,000,000 | 104,000,000 | -46,000,000 | ||||||||||||||
decrease in accrued expenses | -100,000,000 | 45,000,000 | 44,000,000 | -91,000,000 | -25,000,000 | 70,000,000 | -87,000,000 | 4,000,000 | -19,000,000 | 14,000,000 | -54,000,000 | -25,000,000 | -28,000,000 | -1,000,000 | -92,000,000 | ||||||||||||||||||||||||||||||||||
increase in taxes, including income taxes | 26,000,000 | -80,000,000 | 60,000,000 | -18,000,000 | -2,000,000 | 15,000,000 | -14,000,000 | 15,000,000 | 16,000,000 | -5,000,000 | 6,000,000 | -26,000,000 | -39,000,000 | 12,000,000 | 12,000,000 | -55,000,000 | 6,000,000 | 90,000,000 | -94,000,000 | 51,000,000 | -6,000,000 | 47,000,000 | 41,000,000 | 26,000,000 | 29,000,000 | 8,000,000 | -167,000,000 | 23,000,000 | 30,000,000 | 6,000,000 | -7,000,000 | 64,000,000 | 58,000,000 | 1,000,000 | 61,000,000 | 41,000,000 | 1,000,000 | 134,000,000 | 371,000,000 | -36,000,000 | |||||||||
increase in noncurrent assets | -5,000,000 | -8,000,000 | -4,000,000 | -1,000,000 | -1,000,000 | -4,000,000 | 0 | -1,000,000 | -12,000,000 | 3,000,000 | -2,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||
decrease in noncurrent liabilities | -17,000,000 | 2,000,000 | -18,000,000 | -8,000,000 | -8,000,000 | -3,000,000 | -9,000,000 | -7,000,000 | -8,000,000 | -7,000,000 | -12,000,000 | -16,000,000 | -11,000,000 | -16,000,000 | -17,000,000 | 9,000,000 | -8,000,000 | -10,000,000 | -14,000,000 | 92,000,000 | |||||||||||||||||||||||||||||
cash from operations | 453,000,000 | 654,000,000 | 531,000,000 | 446,000,000 | 253,000,000 | 480,000,000 | 244,000,000 | 397,000,000 | 177,000,000 | 458,000,000 | 23,000,000 | 455,000,000 | 65,000,000 | 158,000,000 | 55,000,000 | 67,000,000 | 85,000,000 | -6,000,000 | 151,000,000 | 118,000,000 | 31,000,000 | -291,000,000 | 52,000,000 | 106,000,000 | -258,000,000 | 426,000,000 | 51,000,000 | 176,000,000 | -436,000,000 | 612,000,000 | 172,000,000 | -430,000,000 | 1,458,000,000 | -70,000,000 | -236,000,000 | 1,124,000,000 | 184,000,000 | 328,000,000 | -271,000,000 | ||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
net change in commercial paper | 450,000,000 | -124,000,000 | 104,000,000 | 51,000,000 | 117,000,000 | 0 | -100,000,000 | -233,000,000 | -1,202,000,000 | ||||||||||||||||||||||||||||||||||||||||
additions to debt | 1,200,000,000 | 0 | 0 | 0 | 0 | 1,200,000,000 | 1,200,000,000 | 100,000,000 | 74,000,000 | 76,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 152,000,000 | 152,000,000 | 649,000,000 | 437,000,000 | 437,000,000 | 439,000,000 | -3,000,000 | 1,750,000,000 | 625,000,000 | 730,000,000 | ||||||||||||||||||||||||
repurchases and payments on debt | -625,000,000 | -63,000,000 | -76,000,000 | -1,000,000 | -60,000,000 | -782,000,000 | -500,000,000 | -200,000,000 | 0 | -176,000,000 | |||||||||||||||||||||||||||||||||||||||
debt issuance costs | -12,000,000 | 0 | 0 | -10,000,000 | 0 | -1,000,000 | 0 | 0 | -16,000,000 | -45,000,000 | -1,000,000 | -6,000,000 | -3,000,000 | 0 | 0 | 0 | -4,000,000 | -13,000,000 | |||||||||||||||||||||||||||||||
repurchases of common stock | -300,000,000 | -200,000,000 | -200,000,000 | -175,000,000 | -125,000,000 | -190,000,000 | -100,000,000 | -60,000,000 | -150,000,000 | -100,000,000 | |||||||||||||||||||||||||||||||||||||||
dividends paid to shareholders | -48,000,000 | -50,000,000 | -48,000,000 | -41,000,000 | -42,000,000 | -33,000,000 | -34,000,000 | -21,000,000 | -21,000,000 | -21,000,000 | -17,000,000 | -18,000,000 | -17,000,000 | -17,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -8,000,000 | -10,000,000 | -1,000,000 | 0 | -1,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -10,000,000 | -29,000,000 | -30,000,000 | -29,000,000 | -30,000,000 | -30,000,000 | -30,000,000 | -44,000,000 | -57,000,000 | -57,000,000 | -57,000,000 | -57,000,000 | -56,000,000 | -36,000,000 | -33,000,000 | -33,000,000 | -33,000,000 | -33,000,000 | -30,000,000 | -30,000,000 | -31,000,000 | -137,000,000 | ||
taxes paid for net share settlement of equity awards | -64,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -16,000,000 | -20,000,000 | -12,000,000 | 0 | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||
cash from financing activities | 1,226,000,000 | -449,000,000 | -314,000,000 | -339,000,000 | -167,000,000 | -284,000,000 | -441,000,000 | -123,000,000 | -178,000,000 | -222,000,000 | -243,000,000 | -189,000,000 | -214,000,000 | -89,000,000 | -106,000,000 | -137,000,000 | -194,000,000 | -270,000,000 | -106,000,000 | -30,000,000 | -62,000,000 | -1,422,000,000 | 1,145,000,000 | -424,000,000 | -202,000,000 | -201,000,000 | -741,000,000 | -40,000,000 | -32,000,000 | -35,000,000 | -542,000,000 | -45,000,000 | -15,000,000 | -143,000,000 | -100,000,000 | -107,000,000 | -181,000,000 | 2,140,000,000 | 47,000,000 | 394,000,000 | 125,000,000 | -210,000,000 | -254,000,000 | -2,000,000 | 503,000,000 | ||||
investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -94,000,000 | -124,000,000 | -108,000,000 | -102,000,000 | -119,000,000 | -102,000,000 | -82,000,000 | -55,000,000 | -82,000,000 | -55,000,000 | -59,000,000 | -41,000,000 | -64,000,000 | -45,000,000 | -42,000,000 | -44,000,000 | -62,000,000 | -61,000,000 | -47,000,000 | -36,000,000 | -55,000,000 | -47,000,000 | -119,000,000 | -32,000,000 | -69,000,000 | -171,000,000 | -111,000,000 | -136,000,000 | -168,000,000 | -271,000,000 | -209,000,000 | -171,000,000 | -117,000,000 | -236,000,000 | -131,000,000 | -311,000,000 | -286,000,000 | -277,000,000 | -251,000,000 | -469,000,000 | -283,000,000 | -235,000,000 | -270,000,000 | -486,000,000 | -204,000,000 | -363,000,000 | -370,000,000 | -416,000,000 | -468,000,000 |
acquisitions, net of cash acquired | -118,000,000 | 0 | 0 | -239,000,000 | 0 | 97,000,000 | -3,000,000 | 18,000,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of assets and businesses | 225,000,000 | 0 | 1,000,000 | 3,000,000 | 5,000,000 | 0 | 1,000,000 | 1,000,000 | 7,000,000 | 1,000,000 | 16,000,000 | 0 | 41,000,000 | 1,000,000 | 24,000,000 | 0 | 0 | 0 | 0 | 114,000,000 | 76,000,000 | 15,000,000 | 8,000,000 | 4,000,000 | 302,000,000 | 2,000,000 | 0 | 0 | 9,000,000 | 134,000,000 | 327,000,000 | 222,000,000 | 247,000,000 | 5,000,000 | 2,000,000 | 11,000,000 | 44,000,000 | 8,000,000 | 5,000,000 | -194,000,000 | 116,000,000 | ||||||||
sale of investments | 2,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash from investing activities | 14,000,000 | -122,000,000 | -104,000,000 | -97,000,000 | -115,000,000 | -107,000,000 | -80,000,000 | -54,000,000 | -75,000,000 | -58,000,000 | -41,000,000 | -64,000,000 | 50,000,000 | 91,000,000 | 3,000,000 | 119,000,000 | 25,000,000 | 33,000,000 | 94,000,000 | 117,000,000 | 129,000,000 | 42,000,000 | 354,000,000 | 65,000,000 | 117,000,000 | 29,000,000 | -236,000,000 | -128,000,000 | -244,000,000 | -231,000,000 | 311,000,000 | -1,000,000 | -2,653,000,000 | -281,000,000 | -285,000,000 | -350,000,000 | -583,000,000 | -552,000,000 | -500,000,000 | 276,000,000 | -633,000,000 | 136,000,000 | |||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | 0 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | -2,000,000 | -1,000,000 | 2,000,000 | 0 | -8,000,000 | -3,000,000 | 0 | 1,000,000 | 0 | -2,000,000 | -6,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||
net change in cash, cash equivalents and restricted cash | 1,693,000,000 | 83,000,000 | 114,000,000 | 9,000,000 | -28,000,000 | 90,000,000 | -277,000,000 | 218,000,000 | -76,000,000 | 185,000,000 | -111,000,000 | -2,000,000 | -254,000,000 | 338,000,000 | -84,000,000 | 16,000,000 | -200,000,000 | -4,000,000 | 10,000,000 | -523,000,000 | -372,000,000 | 243,000,000 | 83,000,000 | -1,358,000,000 | 940,000,000 | 379,000,000 | -36,000,000 | 34,000,000 | -956,000,000 | 740,000,000 | 82,000,000 | 252,000,000 | -945,000,000 | ||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 743,000,000 | 0 | 0 | 565,000,000 | 0 | 0 | 610,000,000 | 0 | 0 | 792,000,000 | 0 | 0 | 722,000,000 | 0 | 0 | 1,611,000,000 | 0 | ||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 2,436,000,000 | 114,000,000 | 9,000,000 | 537,000,000 | -277,000,000 | 218,000,000 | 534,000,000 | -111,000,000 | -2,000,000 | 538,000,000 | -84,000,000 | 16,000,000 | 522,000,000 | 10,000,000 | -523,000,000 | 1,239,000,000 | 83,000,000 | -1,358,000,000 | 2,643,000,000 | -36,000,000 | 34,000,000 | 1,326,000,000 | 82,000,000 | 252,000,000 | 1,208,000,000 | ||||||||||||||||||||||||
restructuring and other charges | 0 | -1,000,000 | 15,000,000 | 4,000,000 | 3,000,000 | 1,000,000 | 44,000,000 | 4,000,000 | 6,000,000 | 2,000,000 | 68,000,000 | 8,000,000 | 5,000,000 | 9,000,000 | 16,000,000 | 22,000,000 | 105,000,000 | 21,000,000 | -10,000,000 | 119,000,000 | 499,000,000 | 12,000,000 | -11,000,000 | -2,000,000 | 15,000,000 | 7,000,000 | 47,000,000 | 19,000,000 | 123,000,000 | 18,000,000 | 23,000,000 | 93,000,000 | 388,000,000 | 209,000,000 | 7,000,000 | 10,000,000 | 232,000,000 | 6,000,000 | 69,000,000 | 17,000,000 | 82,000,000 | 69,000,000 | |||||||
loss on debt redemption | 0 | 1,000,000 | 0 | 0 | 1,000,000 | 0 | 0 | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||
increase in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable, trade | |||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued expenses | 55,000,000 | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
decrease in taxes, including income taxes | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
pension contributions | -40,000,000 | -15,000,000 | -46,000,000 | -16,000,000 | -15,000,000 | -2,000,000 | -17,000,000 | -7,000,000 | -3,000,000 | -9,000,000 | -9,000,000 | -14,000,000 | -9,000,000 | -11,000,000 | -28,000,000 | -7,000,000 | -32,000,000 | -29,000,000 | -147,000,000 | -8,000,000 | -46,000,000 | -56,000,000 | -51,000,000 | -77,000,000 | -85,000,000 | -55,000,000 | -10,000,000 | -51,000,000 | -60,000,000 | -177,000,000 | -53,000,000 | -94,000,000 | -63,000,000 | -80,000,000 | -77,000,000 | -70,000,000 | -55,000,000 | -164,000,000 | -83,000,000 | -213,000,000 | -119,000,000 | -31,000,000 | -26,000,000 | -33,000,000 | -35,000,000 | -34,000,000 | |||
increase in noncurrent liabilities | 55,000,000 | 6,000,000 | 42,000,000 | 88,000,000 | -13,000,000 | 76,000,000 | 92,000,000 | 29,000,000 | 14,000,000 | 98,000,000 | |||||||||||||||||||||||||||||||||||||||
premiums paid on early redemption of debt | 0 | 0 | 0 | 0 | -1,000,000 | 0 | 0 | -5,000,000 | -111,000,000 | 0 | 0 | 0 | 0 | 0 | -17,000,000 | ||||||||||||||||||||||||||||||||||
proceeds from exercise of employee stock options | 0 | 0 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 5,000,000 | 1,000,000 | 1,000,000 | 3,000,000 | 6,000,000 | 2,000,000 | 4,000,000 | 3,000,000 | 7,000,000 | 5,000,000 | 2,000,000 | 7,000,000 | 8,000,000 | 3,000,000 | 0 | 0 | 30,000,000 | 37,000,000 | 8,000,000 | 10,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 12,000,000 | 2,000,000 | 22,000,000 | 1,000,000 | 1,000,000 | 22,000,000 | 31,000,000 | 8,000,000 | 1,000,000 | 28,000,000 | ||||||||
redemption of preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
additions to investments | 0 | 0 | -1,000,000 | -29,000,000 | -15,000,000 | -1,000,000 | -7,000,000 | -58,000,000 | -31,000,000 | -121,000,000 | -104,000,000 | -158,000,000 | -118,000,000 | -155,000,000 | -30,000,000 | 33,000,000 | -29,000,000 | ||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of year | 1,703,000,000 | 0 | 2,282,000,000 | 0 | 0 | 0 | 2,153,000,000 | ||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||
restructuring and other (credits) charges | 0 | 0 | -4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
decrease in noncurrent assets | -5,000,000 | -2,000,000 | 2,000,000 | -1,000,000 | 1,000,000 | -42,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||
net change in short-term borrowings | -1,000,000 | 0 | -1,000,000 | -3,000,000 | 1,000,000 | -2,000,000 | -7,000,000 | -6,000,000 | -4,000,000 | 2,000,000 | 1,000,000 | -10,000,000 | -2,000,000 | 0 | 5,000,000 | -17,000,000 | 6,000,000 | 3,000,000 | -1,000,000 | -7,000,000 | 2,000,000 | -10,000,000 | 5,000,000 | 129,000,000 | -167,000,000 | -314,000,000 | -20,000,000 | 209,000,000 | |||||||||||||||||||||
decrease in inventories | 37,000,000 | -80,000,000 | -104,000,000 | -87,000,000 | 30,000,000 | -1,000,000 | 20,000,000 | 205,000,000 | 111,000,000 | 419,000,000 | 523,000,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from the sale of securities | |||||||||||||||||||||||||||||||||||||||||||||||||
cash receipts from sold receivables | 0 | 95,000,000 | 115,000,000 | 57,000,000 | 164,000,000 | 144,000,000 | 66,000,000 | 48,000,000 | 365,000,000 | 213,000,000 | 257,000,000 | 160,000,000 | 323,000,000 | 273,000,000 | 284,000,000 | 136,000,000 | |||||||||||||||||||||||||||||||||
cash (used for) provided from investing activities | -29,000,000 | -41,000,000 | -4,000,000 | -61,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash provided from operations: | |||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in noncurrent assets | |||||||||||||||||||||||||||||||||||||||||||||||||
cash provided from operations | |||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common stock | -100,000,000 | -25,000,000 | -65,000,000 | -100,000,000 | -60,000,000 | -175,000,000 | -205,000,000 | -25,000,000 | -22,000,000 | -50,000,000 | -200,000,000 | -200,000,000 | -700,000,000 | ||||||||||||||||||||||||||||||||||||
balance at march 31, 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss | |||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends declared: | |||||||||||||||||||||||||||||||||||||||||||||||||
common @ 0.02 per share | |||||||||||||||||||||||||||||||||||||||||||||||||
repurchase and retirement of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued: compensation plans | |||||||||||||||||||||||||||||||||||||||||||||||||
balance at june 30, 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash transferred to arconic corporation at separation | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
sales of debt securities | |||||||||||||||||||||||||||||||||||||||||||||||||
payments on debt | 0 | -47,000,000 | -653,000,000 | -477,000,000 | -361,000,000 | -2,000,000 | 0 | -503,000,000 | -77,000,000 | -75,000,000 | -151,000,000 | -151,000,000 | -151,000,000 | -150,000,000 | -651,000,000 | -150,000,000 | -151,000,000 | -1,410,000,000 | -442,000,000 | -441,000,000 | -441,000,000 | -6,000,000 | -568,000,000 | -639,000,000 | -414,000,000 | ||||||||||||||||||||||||
sale of debt securities | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
net loss from investing activities—asset sales | 3,000,000 | 3,000,000 | 1,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||
net income from investing activities—asset sales | |||||||||||||||||||||||||||||||||||||||||||||||||
net periodic pension benefit cost | 5,000,000 | 4,000,000 | 9,000,000 | 8,000,000 | 8,000,000 | 26,000,000 | 28,000,000 | 29,000,000 | 29,000,000 | 29,000,000 | 30,000,000 | 29,000,000 | 30,000,000 | 41,000,000 | 54,000,000 | 55,000,000 | 58,000,000 | 78,000,000 | 85,000,000 | 83,000,000 | |||||||||||||||||||||||||||||
decrease (increase) in inventories | |||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||
sales of investments | 26,000,000 | 0 | 0 | 47,000,000 | 0 | 0 | 0 | 9,000,000 | 0 | 2,000,000 | 0 | 5,000,000 | 256,000,000 | 19,000,000 | 8,000,000 | 15,000,000 | 11,000,000 | 49,000,000 | 5,000,000 | 5,000,000 | 520,000,000 | 0 | 506,000,000 | ||||||||||||||||||||||||||
cash provided from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rates on cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||||
cash (used for) provided from financing activities | -368,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net loss from investing activities - asset sales | 2,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
(increase) in receivables | -121,000,000 | -47,000,000 | 140,000,000 | -210,000,000 | -20,000,000 | -214,000,000 | -254,000,000 | -489,000,000 | 4,000,000 | -8,000,000 | -79,000,000 | -139,000,000 | -440,000,000 | -139,000,000 | -404,000,000 | ||||||||||||||||||||||||||||||||||
(decrease) in accrued expenses | -40,000,000 | -4,000,000 | 0 | -173,000,000 | 48,000,000 | -44,000,000 | 23,000,000 | -69,000,000 | -94,000,000 | -12,000,000 | 34,000,000 | -118,000,000 | 22,000,000 | -33,000,000 | 23,000,000 | -116,000,000 | 42,000,000 | -343,000,000 | 5,000,000 | -107,000,000 | -372,000,000 | -236,000,000 | 157,000,000 | -267,000,000 | 329,000,000 | -150,000,000 | 23,000,000 | -303,000,000 | |||||||||||||||||||||
(decrease) in noncurrent liabilities | 4,000,000 | -2,000,000 | 2,000,000 | -39,000,000 | -9,000,000 | -27,000,000 | 11,000,000 | -20,000,000 | 58,000,000 | -40,000,000 | -16,000,000 | -26,000,000 | -131,000,000 | -23,000,000 | -100,000,000 | -33,000,000 | -62,000,000 | -53,000,000 | |||||||||||||||||||||||||||||||
(increase) in inventories | 94,000,000 | 0 | -136,000,000 | 89,000,000 | 25,000,000 | 1,000,000 | -118,000,000 | 110,000,000 | 36,000,000 | -79,000,000 | -141,000,000 | 55,000,000 | -58,000,000 | -28,000,000 | -182,000,000 | -153,000,000 | -355,000,000 | ||||||||||||||||||||||||||||||||
(increase) in noncurrent assets | 1,000,000 | 5,000,000 | -7,000,000 | 13,000,000 | -29,000,000 | -4,000,000 | 23,000,000 | -13,000,000 | -26,000,000 | -39,000,000 | -58,000,000 | -61,000,000 | 20,000,000 | -90,000,000 | |||||||||||||||||||||||||||||||||||
(decrease) in accounts payable, trade | -25,000,000 | 47,000,000 | 29,000,000 | -272,000,000 | -474,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
(increase) in prepaid expenses and other current assets | -2,000,000 | -14,000,000 | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash provided from (used for) operations: | |||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | |||||||||||||||||||||||||||||||||||||||||||||||||
net gain from investing activities - asset sales | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash provided from (used for) operations | |||||||||||||||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | 0 | 0 | -50,000,000 | -92,000,000 | -34,000,000 | -50,000,000 | -45,000,000 | -20,000,000 | -25,000,000 | -26,000,000 | -4,000,000 | -97,000,000 | |||||||||||||||||||||||||||||||||||||
equity income, net of dividends | 10,000,000 | 12,000,000 | 16,000,000 | 4,000,000 | 16,000,000 | 20,000,000 | -8,000,000 | -4,000,000 | |||||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling interests | 40,000,000 | 9,000,000 | 0 | 15,000,000 | 90,000,000 | 33,000,000 | 121,000,000 | 153,000,000 | 74,000,000 | 94,000,000 | 159,000,000 | ||||||||||||||||||||||||||||||||||||||
net cash transferred from alcoa corporation at separation | |||||||||||||||||||||||||||||||||||||||||||||||||
net loss | |||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to cash from operations: | |||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion and amortization | 141,000,000 | 140,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net gain from investing activities—asset sales | |||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefits from stock-based payment arrangements | -2,000,000 | -5,000,000 | -1,000,000 | 0 | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
decrease in receivables | 213,000,000 | 35,000,000 | 126,000,000 | 302,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
net change in restricted cash | 1,000,000 | 1,000,000 | 86,000,000 | -79,000,000 | 3,000,000 | 4,000,000 | 59,000,000 | ||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 4,000,000 | 1,000,000 | -14,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | -19,000,000 | -19,000,000 | 2,000,000 | 2,000,000 | -1,000,000 | 7,000,000 | 1,000,000 | 9,000,000 | 27,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||
net change in cash and cash equivalents | 335,000,000 | 30,000,000 | 0 | -66,000,000 | 545,000,000 | -535,000,000 | -1,395,000,000 | 2,089,000,000 | -306,000,000 | -190,000,000 | 607,000,000 | -656,000,000 | 415,000,000 | 215,000,000 | -280,000,000 | 369,000,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 0 | 0 | 0 | 0 | 0 | 1,919,000,000 | 0 | 0 | 1,861,000,000 | 1,939,000,000 | 0 | 1,543,000,000 | 0 | 0 | 0 | 762,000,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 30,000,000 | -66,000,000 | 545,000,000 | 1,384,000,000 | 2,089,000,000 | 1,555,000,000 | 1,749,000,000 | 887,000,000 | 215,000,000 | -280,000,000 | 1,131,000,000 | ||||||||||||||||||||||||||||||||||||||
issuance of mandatory convertible preferred stock | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of noncontrolling interests | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred–class a @ 3.75 per share | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred–class b @ 7.53993 per share | |||||||||||||||||||||||||||||||||||||||||||||||||
common @ 0.12 per share | |||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | 0 | 0 | 0 | 876,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
distributions | |||||||||||||||||||||||||||||||||||||||||||||||||
contributions | |||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity from noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred–class b @ 26.8750 per share | |||||||||||||||||||||||||||||||||||||||||||||||||
equity option on convertible notes | |||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||
common @ 0.36 per share | |||||||||||||||||||||||||||||||||||||||||||||||||
retirement of treasury stock | |||||||||||||||||||||||||||||||||||||||||||||||||
reverse stock split | |||||||||||||||||||||||||||||||||||||||||||||||||
distribution of alcoa corporation | |||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion, and amortization | 316,000,000 | 313,000,000 | 309,000,000 | 336,000,000 | 346,000,000 | 361,000,000 | 369,000,000 | 368,000,000 | 361,000,000 | 369,000,000 | 342,000,000 | 317,000,000 | 283,000,000 | ||||||||||||||||||||||||||||||||||||
net gain from investing activities – asset sales | -124,000,000 | -15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash (used for) provided from operations | -236,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net loss from investing activities – asset sales | 2,000,000 | -5,000,000 | 2,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash from continuing operations | -236,000,000 | 1,129,000,000 | 183,000,000 | 331,000,000 | -264,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash from discontinued operations | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
equity loss, net of dividends | 13,000,000 | 35,000,000 | -12,000,000 | -11,000,000 | 27,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
(increase) in net assets held for sale | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations | 1,000,000 | 11,000,000 | -4,000,000 | 142,000,000 | 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
equity (income) loss, net of dividends | |||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||
cash provided from continuing operations | |||||||||||||||||||||||||||||||||||||||||||||||||
cash (used for) provided from discontinued operations | -4,000,000 | -1,000,000 | -7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
additions to long-term debt | 2,000,000 | 5,000,000 | 6,000,000 | 138,000,000 | 216,000,000 | 689,000,000 | |||||||||||||||||||||||||||||||||||||||||||
payments on long-term debt | -72,000,000 | -33,000,000 | -125,000,000 | -8,000,000 | -22,000,000 | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||
cash provided from (used for) financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures of discontinued operations | 0 | 0 | -2,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2008 | |||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred @ 3.75 per share | |||||||||||||||||||||||||||||||||||||||||||||||||
common @ 0.26 per share | |||||||||||||||||||||||||||||||||||||||||||||||||
beneficial conversion option on convertible notes, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2009 | |||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash (used for) provided from continuing operations | -235,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | 3,000,000 | 4,000,000 | -2,000,000 | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash received on long-term aluminum supply contract | |||||||||||||||||||||||||||||||||||||||||||||||||
decrease in net assets held for sale | 16,000,000 | -3,000,000 | 13,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
dividends paid to noncontrolling interests | -47,000,000 | -14,000,000 | -2,000,000 | -77,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
gains from investing activities – asset sales | -87,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net change in short-term investments and restricted cash | 58,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income attributable to alcoa to cash from operations: | |||||||||||||||||||||||||||||||||||||||||||||||||
losses from investing activities – asset sales | -27,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in taxes, including taxes on income | -339,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gains from investing activities—asset sales | |||||||||||||||||||||||||||||||||||||||||||||||||
minority interests | |||||||||||||||||||||||||||||||||||||||||||||||||
increase in taxes, including taxes on income | |||||||||||||||||||||||||||||||||||||||||||||||||
net change in other noncurrent assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued for stock compensation plans | |||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to minority interests | |||||||||||||||||||||||||||||||||||||||||||||||||
contributions from minority interests | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of minority interests |
