Supplemental Financial Information (unaudited)

Quarterly Data

(in millions, except per-share amounts)


	First			Second			Third		Fourth*			Year
2014
Sales	$	5,454		$	5,836		$	6,239	$	6,377		$	23,906
Net (loss) income attributable to Alcoa common shareholders	$	(178	)	$	138		$	149	$	159		$	268

Earnings per share attributable to Alcoa common shareholders**:
Basic	$	(0.16	)	$	0.12		$	0.13	$	0.12		$	0.21
Diluted	$	(0.16	)	$	0.12		$	0.12	$	0.11		$	0.21
2013
Sales	$	5,833		$	5,849		$	5,765	$	5,585		$	23,032
Net income (loss) attributable to Alcoa common shareholders	$	149		$	(119	)	$	24	$	(2,339	)	$	(2,285	)

Earnings per share attributable to Alcoa common shareholders**:
Basic	$	0.14		$	(0.11	)	$	0.02	$	(2.19	)	$	(2.14	)
Diluted	$	0.13		$	(0.11	)	$	0.02	$	(2.19	)	$	(2.14	)

In the fourth quarter of 2014, Alcoa recorded a net loss of $332 (163 after-tax and noncontrolling interest) related to the divestiture of four operations (see Note D and F). In the fourth quarter of 2013, Alcoa recorded a $1,731 ($1,719 after noncontrolling interest) impairment of goodwill (see Goodwill and Other Intangible Assets in Note A and Note E), a $372 discrete income tax charge for valuation allowances on certain deferred tax assets in Spain and the U.S. (see Note T), and a $288 ($243 after-tax and noncontrolling interest) charge related to a legal matter (see Note D and Government Investigations under Litigation in Note N).

**	Per share amounts are calculated independently for each period presented; therefore, the sum of the quarterly per share amounts may not equal the per share amounts for the year.