Segment and Geographic Area Information (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Operating Results and Assets of Alcoa's Reportable Segments

The operating results and assets of Alcoa’s reportable segments were as follows:


	Alumina			Primary Metals			Global Rolled Products			Engineered Products and Solutions		Total
2014
Sales:
Third-party sales	$	3,509		$	6,800		$	7,351		$	6,006	$	23,666
Intersegment sales		1,941			2,931			185			-		5,057
Total sales	$	5,450		$	9,731		$	7,536		$	6,006	$	28,723
Profit and loss:
Equity loss	$	(29	)	$	(34	)	$	(27	)	$	-	$	(90	)
Depreciation, depletion, and amortization		387			494			235			173		1,289
Income taxes		153			203			124			374		854
ATOI		370			594			312			767		2,043
2013
Sales:
Third-party sales	$	3,326		$	6,596		$	7,106		$	5,733	$	22,761
Intersegment sales		2,235			2,621			178			-		5,034
Total sales	$	5,561		$	9,217		$	7,284		$	5,733	$	27,795
Profit and loss:
Equity loss	$	(4	)	$	(51	)	$	(13	)	$	-	$	(68	)
Depreciation, depletion, and amortization		426			526			226			159		1,337
Income taxes		66			(74	)		108			348		448
ATOI		259			(20	)		252			726		1,217
2012
Sales:
Third-party sales	$	3,092		$	7,432		$	7,378		$	5,525	$	23,427
Intersegment sales		2,310			2,877			163			-		5,350
Total sales	$	5,402		$	10,309		$	7,541		$	5,525	$	28,777
Profit and loss:
Equity income (loss)	$	5		$	(27	)	$	(6	)	$	-	$	(28	)
Depreciation, depletion, and amortization		455			532			229			158		1,374
Income taxes		(27	)		106			159			297		535
ATOI		90			309			346			612		1,357
2014
Assets:
Capital expenditures	$	246		$	176		$	389		$	315	$	1,126
Equity investments		669			890			226			-		1,785
Goodwill		8			-			210			4,519		4,737
Total assets		7,350			9,308			4,908			9,666		31,232
2013
Assets:
Capital expenditures	$	322		$	224		$	335		$	224	$	1,105
Equity investments		628			947			200			-		1,775
Goodwill		9			-			218			2,670		2,897
Total assets		8,248			10,341			4,647			6,011		29,247

Schedule of Reconciliation of Certain Segment Information to Consolidated Totals

The following tables reconcile certain segment information to consolidated totals:


	2014			2013			2012
Sales:
Total segment sales	$	28,723		$	27,795		$	28,777
Elimination of intersegment sales		(5,057	)		(5,034	)		(5,350	)
Corporate*		240			271			273

Consolidated sales	$	23,906		$	23,032		$	23,700

*	For all periods presented, the Corporate amount includes third-party sales of the soft alloy extrusions business located in Brazil.

Schedule of Segment ATOI to Consolidated Net (Loss) Income Attributable to Alcoa

	2014			2013			2012
Net income (loss) attributable to Alcoa:
Total segment ATOI	$	2,043		$	1,217		$	1,357
Unallocated amounts (net of tax):
Impact of LIFO		(54	)		52			20
Interest expense		(308	)		(294	)		(319	)
Noncontrolling interests		91			(41	)		29
Corporate expense		(294	)		(284	)		(282	)
Impairment of goodwill		-			(1,731	)		-
Restructuring and other charges		(894	)		(607	)		(142	)
Other		(316	)		(597	)		(472	)
Consolidated net income (loss) attributable to Alcoa	$	268		$	(2,285	)	$	191

Schedule of Segment Reporting Information to Consolidated Assets

December 31,	2014			2013
Assets:
Total segment assets	$	31,232		$	29,247
Elimination of intersegment receivables		(490	)		(385	)
Unallocated amounts:
Cash and cash equivalents		1,877			1,437
Deferred income taxes		3,175			3,410
Corporate goodwill		510			518
Corporate fixed assets, net		819			879
LIFO reserve		(767	)		(691	)
Other		1,043			1,327
Consolidated assets	$	37,399		$	35,742

Sales by Major Product Grouping

Sales by major product grouping were as follows:


	2014		2013		2012
Sales:
Alumina	$	3,401	$	3,151	$	2,962
Primary aluminum		6,011		6,194		7,121
Flat-rolled aluminum		7,351		7,106		7,378
Investment castings		1,784		1,807		1,747
Fastening systems		1,647		1,505		1,414
Architectural aluminum systems		1,002		977		970
Aluminum wheels		786		702		692
Other extruded aluminum and forged products		1,019		1,015		955
Other		905		575		461
	$	23,906	$	23,032	$	23,700

Schedule of Geographic Information for Sales

Geographic information for sales was as follows (based upon the country where the point of sale occurred):


	2014		2013		2012
Sales:
United States⁽¹⁾	$	12,103	$	11,766	$	12,361
Spain^{(2) (3)}		3,359		2,282		1,203
Australia		3,028		3,240		3,222
Brazil		1,398		1,221		1,244
France		915		862		807
Russia		642		683		713
Hungary		630		555		492
United Kingdom		464		475		438
China		415		259		326
Germany		229		230		216
Italy		150		157		379
Netherlands⁽³⁾		36		524		949
Norway⁽²⁾		31		283		820
Other		506		495		530
	$	23,906	$	23,032	$	23,700

⁽¹⁾	Sales of a portion of the alumina from Alcoa’s refineries in Suriname, Brazil, Australia, and Jamaica (prior to divestiture—see Note F) and all of the aluminum from Alcoa’s smelters in Canada occurred in the United States

⁽²⁾	In 2014 and 2013, Sales of the aluminum from Alcoa’s smelters in Norway occurred in Spain.

⁽³⁾	In 2014 and 2012, Sales of the aluminum from Alcoa’s smelter in Iceland occurred in Spain and the Netherlands, respectively. In 2013, Sales of the aluminum from Alcoa’s smelter in Iceland occurred in both Spain and the Netherlands.

Schedule of Geographic Information for Long-Lived Assets

Geographic information for long-lived assets was as follows (based upon the physical location of the assets):


December 31,	2014		2013
Long-lived assets:
United States	$	5,403	$	4,760
Brazil		3,137		3,746
Australia		2,538		3,024
Iceland		1,460		1,518
Canada		1,216		1,302
Norway		588		762
Russia		443		471
China		389		388
Spain		339		446
United Kingdom		333		142
Hungary		210		211
Jamaica		-		393
Other		370		476
	$	16,426	$	17,639

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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