XML 66 R16.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Segment Information | 3 Months Ended
--- | ---
Mar. 31, 2013
Segment Information | H. Segment Information – On January 1, 2013, management revised the inventory-costing method used by certain locations within the Global Rolled Products and Engineered Products and Solutions segments, which affects the determination of the respective segment’s profitability measure, After-tax operating income (ATOI). Management made the change in order to improve internal consistency and enhance industry comparability. This revision does not impact the consolidated results of Alcoa. Segment information for all prior periods presented was revised to reflect this change. The operating results of Alcoa’s reportable segments were as follows (differences between segment totals and consolidated totals are in Corporate):
|  | Alumina |  |  | Primary Metals |  |  | Global Rolled Products |  |  | Engineered Products and Solutions |  |  | Total |
First quarter ended March 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Third-party sales |  | $ | 826 |  |  | $ | 1,758 |  |  | $ | 1,779 |  |  | $ | 1,423 |  |  | $ | 5,786 |
Intersegment sales |  |  | 595 |  |  |  | 727 |  |  |  | 51 |  |  |  | — |  |  |  | 1,373 |
Total sales |  | $ | 1,421 |  |  | $ | 2,485 |  |  | $ | 1,830 |  |  | $ | 1,423 |  |  | $ | 7,159 |
Profit and loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity income (loss) |  | $ | 1 |  |  | $ | (9 | ) |  | $ | (4 | ) |  | $ | — |  |  | $ | (12 | )
Depreciation, depletion, and amortization |  |  | 109 |  |  |  | 135 |  |  |  | 57 |  |  |  | 40 |  |  |  | 341 |
Income taxes |  |  | 14 |  |  |  | 1 |  |  |  | 39 |  |  |  | 84 |  |  |  | 138 |
ATOI |  |  | 58 |  |  |  | 39 |  |  |  | 81 |  |  |  | 173 |  |  |  | 351 |
First quarter ended March 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Third-party sales |  | $ | 775 |  |  | $ | 1,944 |  |  | $ | 1,845 |  |  | $ | 1,390 |  |  | $ | 5,954 |
Intersegment sales |  |  | 617 |  |  |  | 761 |  |  |  | 44 |  |  |  | — |  |  |  | 1,422 |
Total sales |  | $ | 1,392 |  |  | $ | 2,705 |  |  | $ | 1,889 |  |  | $ | 1,390 |  |  | $ | 7,376 |
Profit and loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity income (loss) |  | $ | 1 |  |  | $ | (2 | ) |  | $ | (1 | ) |  | $ | — |  |  | $ | (2 | )
Depreciation, depletion, and amortization |  |  | 114 |  |  |  | 135 |  |  |  | 57 |  |  |  | 40 |  |  |  | 346 |
Income taxes |  |  | (1 | ) |  |  | (13 | ) |  |  | 51 |  |  |  | 73 |  |  |  | 110 |
ATOI |  |  | 35 |  |  |  | 10 |  |  |  | 102 |  |  |  | 157 |  |  |  | 304 |
The following table reconciles total segment ATOI to consolidated net income attributable to Alcoa:
|  | First quarter ended March 31, |
|  | 2013 |  |  | 2012 |
Total segment ATOI |  | $ | 351 |  |  | $ | 304 |
Unallocated amounts (net of tax): |  |  |  |  |  |  |  |
Impact of LIFO |  |  | (2 | ) |  |  | — |
Interest expense |  |  | (75 | ) |  |  | (80 | )
Noncontrolling interests |  |  | (21 | ) |  |  | (5 | )
Corporate expense |  |  | (67 | ) |  |  | (64 | )
Restructuring and other charges |  |  | (5 | ) |  |  | (7 | )
Other |  |  | (32 | ) |  |  | (54 | )
Consolidated net income attributable to Alcoa |  | $ | 149 |  |  | $ | 94 |
Items required to reconcile total segment ATOI to consolidated net income attributable to Alcoa include: the impact of LIFO inventory accounting; interest expense; noncontrolling interests; corporate expense (general administrative and selling expenses of operating the corporate headquarters and other global administrative facilities, along with depreciation and amortization on corporate-owned assets); restructuring and other charges; discontinued operations; and other items, including intersegment profit eliminations, differences between tax rates applicable to the segments and the consolidated effective tax rate, the results of the soft alloy extrusions business in Brazil, and other nonoperating items such as foreign currency transaction gains/losses and interest income.

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration