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Earnings Per Share (Reconciliation Of Information Used To Compute Basic And Diluted EPS) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Earnings Per Share [Abstract]    
Income from continuing operations attributable to Alcoa common shareholders $ 94 $ 309
Less: preferred stock dividends declared 1 1
Income from continuing operations available to common equity 93 308
Less: dividends and undistributed earnings allocated to participating securities   1
Income from continuing operations available to Alcoa common shareholders - basic 93 307
Add: interest expense related to convertible notes 8 8
Income from continuing operations available to Alcoa common shareholders - diluted $ 101 $ 315
Average shares outstanding - basic 1,066 1,052
Stock options 4 9
Stock and performance awards 5 3
Convertible notes 89 89
Average shares outstanding - diluted 1,164 1,153