XML 134 R150.htm IDEA: XBRL DOCUMENT v2.4.1.9
Derivatives and Other Financial Instruments - Schedule of Net Fair Values of Level 3 Derivative Instruments and Effect of Hypothetical Change (Increase or Decrease of 10%) in Market Prices or Rates (Detail) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Embedded Aluminum Derivative [Member]  
Derivative Instruments, Gain (Loss) [Line Items]  
Fair value asset/(liability) $ (110)us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet
/ us-gaap_DerivativeInstrumentRiskAxis
= aa_EmbeddedAluminumDerivativeMember
Index change of + / - 10% 413aa_IndexChangeOfPlusOrMinusTenPercentInMarketPriceOrRate
/ us-gaap_DerivativeInstrumentRiskAxis
= aa_EmbeddedAluminumDerivativeMember
Embedded Credit Derivative [Member]  
Derivative Instruments, Gain (Loss) [Line Items]  
Fair value asset/(liability) (18)us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet
/ us-gaap_DerivativeInstrumentRiskAxis
= aa_EmbeddedCreditDerivativeMember
Index change of + / - 10% 2aa_IndexChangeOfPlusOrMinusTenPercentInMarketPriceOrRate
/ us-gaap_DerivativeInstrumentRiskAxis
= aa_EmbeddedCreditDerivativeMember
Energy Contracts [Member]  
Derivative Instruments, Gain (Loss) [Line Items]  
Fair value asset/(liability) 2us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet
/ us-gaap_DerivativeInstrumentRiskAxis
= aa_EnergyContractsMember
Index change of + / - 10% $ 180aa_IndexChangeOfPlusOrMinusTenPercentInMarketPriceOrRate
/ us-gaap_DerivativeInstrumentRiskAxis
= aa_EnergyContractsMember