Restructuring and Other Charges (Tables)

12 Months Ended

Dec. 31, 2014

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Other Charges

Restructuring and other charges for each year in the three-year period ended December 31, 2014 were comprised of the following:


	2014			2013			2012
Asset impairments	$	406		$	116		$	40
Net loss on divestitures of businesses (F)		332			-			-
Layoff costs		259			201			47
Resolution of a legal matter (N)		-			391			85
Other		199			82			21
Reversals of previously recorded layoff and other exit costs		(28	)		(8	)		(21	)
Restructuring and other charges	$	1,168		$	782		$	172

Schedule of Restructuring and Other Charges by Reportable Segments, Pretax

The pretax impact of allocating such charges to segment results would have been as follows:


	2014		2013		2012
Alumina	$	287	$	11	$	3
Primary Metals		553		295		20
Global Rolled Products		266		15		43
Engineered Products and Solutions		19		27		13

Segment total		1,125		348		79
Corporate		43		434		93

Total restructuring and other charges	$	1,168	$	782	$	172

Activity and Reserve Balances for Restructuring Charges

Activity and reserve balances for restructuring charges were as follows:


	Layoff costs			Other exit costs			Total
Reserve balances at December 31, 2011	$	77		$	57		$	134

2012:
Cash payments		(44	)		(13	)		(57	)
Restructuring charges		47			13			60
Other*		(21	)		(5	)		(26	)

Reserve balances at December 31, 2012		59			52			111

2013:
Cash payments		(63	)		(11	)		(74	)
Restructuring charges		201			85			286
Other*		(101	)		(84	)		(185	)

Reserve balances at December 31, 2013		96			42			138

2014:
Cash payments		(191	)		(22	)		(213	)
Restructuring charges		259			194			453
Other*		(66	)		(180	)		(246	)

Reserve balances at December 31, 2014	$	98		$	34		$	132

Other includes reversals of previously recorded restructuring charges and the effects of foreign currency translation. In 2014 and 2013, Other for layoff costs also included a reclassification of $26 and $92, respectively, in pension costs, as these obligations were included in Alcoa’s separate liability for pension obligations (see Note W). Additionally in 2014 and 2013, Other for other exit costs also included a reclassification of the following restructuring charges: $95 and $58, respectively, in asset retirement and $47 and $12, respectively, in environmental obligations, as these liabilities were included in Alcoa’s separate reserves for asset retirement obligations (see Note C) and environmental remediation (see Note N).