<SEC-DOCUMENT>0001157523-18-002194.txt : 20181030
<SEC-HEADER>0001157523-18-002194.hdr.sgml : 20181030
<ACCEPTANCE-DATETIME>20181030080554
ACCESSION NUMBER:		0001157523-18-002194
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181030
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20181030
DATE AS OF CHANGE:		20181030

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Arconic Inc.
		CENTRAL INDEX KEY:			0000004281
		STANDARD INDUSTRIAL CLASSIFICATION:	ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS [3350]
		IRS NUMBER:				250317820
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-03610
		FILM NUMBER:		181145562

	BUSINESS ADDRESS:	
		STREET 1:		390 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022-4608
		BUSINESS PHONE:		2128362732

	MAIL ADDRESS:	
		STREET 1:		390 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022-4608

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALCOA INC.
		DATE OF NAME CHANGE:	20141003

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALCOA INC
		DATE OF NAME CHANGE:	19990105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALUMINUM CO OF AMERICA
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51890437.htm
<DESCRIPTION>ARCONIC INC. 8-K
<TEXT>
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    <p style="text-align: center">
      <font style="font-size: 18pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 18pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 18pt"></font><font style="font-size: 18pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-size: 10pt; font-family: Times New Roman"><b>Washington,
      D.C. 20549</b></font><br>
    </p>
    <hr style="color: #000000; text-align: center; width: 100%; height: 1.0 pt">


    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 18pt; font-family: Times New Roman"><b>FORM 8-K</b></font><br>
    </p>
    <p style="text-align: center">
      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>PURSUANT
      TO SECTION 13 OR 15(d) OF THE</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Date of
      Report (Date of earliest event reported)</b></font><font style="font-size: 10pt; font-family: Times New Roman">:
      </font><font style="font-size: 10pt; font-family: Times New Roman"><b>October
      30, 2018 </b></font><font style="font-size: 10pt; font-family: Times New Roman">(</font><font style="font-size: 10pt; font-family: Times New Roman"><b>October
      30, 2018)</b></font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt"></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 18pt; font-family: Times New Roman"><b>ARCONIC
      INC.</b></font><br><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><br>
    </p>
    <hr style="color: #000000; text-align: center; width: 100%; height: 1.0 pt">


    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="bottom" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td valign="bottom" style="width: 34%; white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-3610</b>
          </p>
        </td>
        <td valign="bottom" style="width: 33%; white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>25-0317820</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(State or other Jurisdiction</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>of Incorporation)</b>
          </p>
        </td>
        <td valign="top" style="width: 34%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Commission File Number)</b>
          </p>
        </td>
        <td valign="bottom" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(IRS Employer</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Identification No.)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>

    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="bottom" style="width: 50%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>390 Park Avenue, New York, New York</b>
          </p>
        </td>
        <td valign="bottom" style="width: 50%; white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>10022-4608</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 50%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Address of Principal Executive Offices)</b>
          </p>
        </td>
        <td valign="bottom" style="width: 50%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Zip Code)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <b>Office of Investor Relations 212-836-2758</b><br><b>Office of the
      Secretary 212-836-2732</b><br><b>(Registrant&#8217;s telephone number,
      including area code)</b>
    </p>
    <p style="text-align: center">
      <br>
      <font style="font-size: 10pt; font-family: Times New Roman"><b>(Former
      Name or Former Address, if Changed Since Last Report)</b></font>
    </p>
    <p style="text-align: center">
      <br>

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Indicate by
      check mark whether the registrant is an emerging growth company as
      defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this
      chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).</font>
    </p>
    <p style="text-align: right">
      <font style="font-size: 10pt">Emerging growth company </font><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">If an
      emerging growth company, indicate by check mark if the registrant has
      elected not to use the extended transition period for complying with any
      new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.</font> <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Item 2.02&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p>
      On October 30, 2018, Arconic Inc. issued a press release announcing its
      financial results for the third quarter of 2018.&#160;&#160;A copy of the press
      release is attached hereto as Exhibit 99.1 and is incorporated herein by
      reference.
    </p>
    <p>
      In accordance with General Instruction B.2 of Form 8-K, the information
      in this Current Report on Form 8-K, including Exhibit 99.1, shall not be
      deemed to be &#8220;filed&#8221; for purposes of Section 18 of the Securities
      Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or otherwise
      subject to the liability of that section, and shall not be incorporated
      by reference into any registration statement or other document filed
      under the Securities Act of 1933, as amended, or the Exchange Act,
      except as shall be expressly set forth by specific reference in such
      filing.
    </p>
    <p>
      <b>Item 9.01&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="text-align: justify">
      (d) Exhibits
    </p>
    <p style="text-align: justify">
      The following is furnished as an exhibit to this report:
    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 11%">

        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="width: 84%">

        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; width: 11%; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Exhibit No</b>.
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; width: 5%; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; width: 84%; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Description</b>
        </td>
      </tr>
      <tr>
        <td style="width: 11%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 84%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 11%; white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          99.1
        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" style="width: 84%; text-align: left; padding-left: 0.0px">
          Arconic Inc. press release dated October 30, 2018.
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u><b>EXHIBIT&#160;INDEX</b></u>
    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="width: 11%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman"><b>Exhibit
            No.</b></font>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td valign="top" style="width: 84%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 11%; white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman"><a href="a51890437ex99_1.htm">99.1</a></font>
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" style="width: 84%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman"><a href="a51890437ex99_1.htm">Arconic
            Inc. press release dated October 30, 2018.</a></font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURE</b></font>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">

    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            ARCONIC&#160;INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 6%; text-align: left; padding-left: 0.0px">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; width: 6%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated:
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; width: 44%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            October 30, 2018
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; width: 6%; text-align: left; padding-left: 0.0px">
          By:
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; width: 44%; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Katherine H. Ramundo
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td valign="top" style="width: 6%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Name:
          </p>
        </td>
        <td valign="top" style="width: 44%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Katherine H. Ramundo
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td valign="top" style="width: 6%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Title:
          </p>
        </td>
        <td valign="top" style="width: 44%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Executive Vice President, Chief Legal Officer<br>and Secretary
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51890437ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2018 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 8pt; font-family: Times New Roman"><b>Arconic
      Reports Third Quarter 2018 Results</b></font>
    </p>
    <p>
      <font style="font-size: 8pt; font-family: Times New Roman"><b>Third
      Quarter 2018 Highlights</b></font>
    </p>
    <p>
      <font style="font-size: 8pt; font-family: Times New Roman">Revenue of
      $3.5 billion, up 9% year over year; organic revenue</font><sup><font style="font-size: 8pt; font-family: Times New Roman">1</font></sup><font style="font-size: 8pt; font-family: Times New Roman">
      up 7% year over year</font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Net income
        of $161 million, or $0.32 per share, versus net income of $119
        million, or $0.22 per share, in the third quarter of 2017</font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Net income
        excluding special items of $160 million, or $0.32 per share, versus
        $132 million, or $0.25 per share, in the third quarter of 2017</font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Operating
        income of $345 million, up 11% year over year</font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Operating
        income excluding special items of $348 million, up 4% year over year</font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">In the
        third quarter, cash provided from operations of $51 million, cash used
        for financing activities of $32 million, and cash provided from
        investing activities of $65 million</font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Adjusted
        Free Cash Flow in the third quarter was $115 million</font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Net pension
        and OPEB liability reduction of $519 million for January 1 through
        September 30</font>
      </li>
    </ul>
    <p>
      <font style="font-size: 8pt; font-family: Times New Roman"><b>2018
      Guidance</b></font><b><sup><font style="font-size: 8pt; font-family: Times New Roman">*
      </font></sup><font style="font-size: 8pt; font-family: Times New Roman">Updated</font></b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Earnings
        Per Share Excluding Special Items increased to $1.28-$1.34 from
        $1.17-$1.27</font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Revenue of
        $13.7-$14.0 billion and Adjusted Free Cash Flow of ~$250 million
        remain unchanged</font>
      </li>
    </ul>
    <p>
      <font style="font-size: 8pt; font-family: Times New Roman"><b>Key
      Announcements</b></font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Extending
        the scope and duration of the Company&#8217;s strategy review, with
        anticipated completion in the fourth quarter 2018. The Company will
        communicate the outcome once the strategy review is complete.</font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Reached an
        agreement to sell Arconic&#8217;s idled Texarkana, Texas, rolling mill for
        approximately $300 million in cash, plus additional contingent
        consideration of up to $50 million.</font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 8pt; font-family: Times New Roman">Sale
        process for the Building and Construction Systems business is underway
        and has drawn robust interest.</font>
      </li>
    </ul>
    <p>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>___________________________________</b></font>
    </p>
    <p>
      <font style="font-size: 8pt; font-family: Times New Roman">* </font><i><font style="font-size: 8pt; font-family: Times New Roman">Reconciliations
      of the forward-looking non-GAAP measures to the most directly comparable
      GAAP measures are not available without unreasonable efforts due to the
      variability and complexity of the charges and other components excluded
      from the non-GAAP measures &#8211; for further detail, see &#8220;Full Year 2018
      Guidance Updated&#8221; below.</font></i>
    </p>
    <p>
      NEW YORK--(BUSINESS WIRE)--October 30, 2018--Arconic Inc. (NYSE: ARNC)
      today reported third quarter 2018 results, for which the Company
      reported revenues of $3.5 billion, up 9% year over year.&#160;Organic revenue<sup>1</sup>&#160;was
      up 7% year over year, with higher volumes across all segments driven by
      double-digit growth in the aerospace engines, aerospace defense, and
      automotive end markets, along with solid increases from the commercial
      transportation, industrial, and building and construction markets.
    </p>
    <p>
      Net income in the third quarter was $161 million, or $0.32 per share.
      These results include $1 million of income from special items,
      principally related to benefits associated with a tax indemnification
      receivable and a post-retirement benefit curtailment, mostly offset by
      charges related to net unfavorable discrete tax items and other
      restructuring charges. Third quarter 2017 net income was $119 million,
      or $0.22 per share. Net income excluding special items was $160 million,
      or $0.32 per share, in the third quarter of 2018, versus $132 million,
      or $0.25 per share, in the third quarter of 2017.
    </p>
    <p>
      Third quarter 2018 operating income was $345 million, up 11% year over
      year. Operating income excluding special items was $348 million, up 4%
      year over year, as higher volumes more than offset aerospace product
      price and mix headwinds and unfavorable net cost savings, driven by
      higher transportation costs.
    </p>
    <p>
      Arconic Chief Executive Officer Chip Blankenship said, &#8220;In the third
      quarter, Arconic delivered solid organic revenue growth while increasing
      adjusted free cash flow. Our team remains focused on operational
      improvements and portfolio refinements; this quarter we made the
      strategic decision to sell our idled rolling mill in Texarkana, Texas,
      which provides us with added financial flexibility as we continue to
      explore opportunities to enhance our portfolio. We have completed
      significant milestones as reported last quarter; however, we are
      extending the scope and duration of the strategy review to address
      additional scenarios. We now anticipate completing the strategy review
      in the fourth quarter.&#8221;
    </p>
    <p>
      Arconic ended the third quarter 2018 with cash on hand of $1.5 billion.
      In the third quarters of 2018 and 2017: cash provided from operations
      was $51 million and cash used for operations was $57 million,
      respectively; cash used for financing activities was $32 million and $15
      million, respectively; and cash provided from investing activities was
      $65 million and $100 million, respectively. Adjusted Free Cash Flow for
      the quarter was $115 million, up from $41 million in the third quarter
      2017.
    </p>
    <p>
      <b>Third Quarter 2018 Segment Performance<sup>2</sup></b>
    </p>
    <p>
      <u>Engineered Products and Solutions (EP&amp;S)</u>
    </p>
    <p>
      EP&amp;S reported revenue of $1.6 billion, an increase of 6% year over year.
      Organic revenue<sup>1</sup> was up 6%, driven by volume growth in
      aerospace engines and defense. Segment operating profit was $238
      million, down $1 million year over year, as volume growth across all
      business units was offset by unfavorable aerospace product price/mix and
      manufacturing inefficiencies in the Engineered Structures business.
      Segment operating margin was 15.2%, down 100 basis points year over year.
    </p>
    <p>
      <u>Global Rolled Products (GRP)</u>
    </p>
    <p>
      GRP reported revenue of $1.4 billion, an increase of 16% year over year.
      Organic revenue<sup>1</sup> was up 9%. Segment operating profit was $74
      million, up $10 million year over year, driven by higher automotive and
      industrial volume, partially offset by higher transportation costs and
      scrap spreads and volume.&#160;Segment operating margin was 5.2%, consistent
      with the prior year, including a 30 basis point positive impact of
      higher aluminum prices.
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-right: 0pt; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u>Transportation and Construction Solutions (TCS)</u>
    </p>
    <p>
      TCS delivered revenue of $530 million, an increase of 1% year over year.
      Organic revenue<sup>1</sup> was up 8%. Segment operating profit was $77
      million, up $3 million year over year, as higher volume in commercial
      transportation and building and construction as well as net cost savings
      more than offset headwinds from higher aluminum prices. Segment
      operating margin was 14.5%, up 40 basis points year over year, including
      a 280 basis point negative impact of higher aluminum prices.
    </p>
    <p>
      <b>Full Year 2018 Guidance Updated</b>
    </p>
    <p>
      Arconic is adjusting its full year 2018 EPS guidance:
    </p>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>2Q 2018</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Updated 3Q 2018</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Earnings Per Share Excluding Special Items*</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $1.17-$1.27
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $1.28-$1.34
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Revenue</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          $13.7-$14.0 billion
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          Unchanged
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Adjusted Free Cash Flow*</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          Approximately $250 million
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          Unchanged
        </td>
      </tr>
    </table>
    </div>
    <p>
      <b>* </b><i>Arconic has not provided reconciliations of the
      forward-looking non-GAAP financial measures to the most directly
      comparable GAAP financial measures because Arconic is unable to quantify
      certain amounts that would be required to be included in the GAAP
      measures without unreasonable efforts, and Arconic believes such
      reconciliations would imply a degree of precision that would be
      confusing or misleading to investors. In particular, such
      reconciliations are not available without unreasonable efforts due to
      the variability and complexity with respect to the charges and other
      components excluded from the non-GAAP measures, such as the effects of
      foreign currency movements, equity income, gains or losses on sales of
      assets, taxes, and any future restructuring or impairment charges. These
      reconciling items are in addition to the inherent variability already
      included in the GAAP measures, which includes, but is not limited to,
      price/mix and volume.</i>
    </p>
    <p>
      <b>Key Announcements</b>
    </p>
    <p>
      <u>Strategy and Portfolio Review</u>
    </p>
    <p>
      The Company is extending the scope and duration of this activity to
      address additional scenarios. The Company now anticipates completing the
      strategy review in the fourth quarter 2018. The Company will communicate
      the outcome once the strategy review is complete.
    </p>
    <p>
      <u>Announced Sale of Texarkana, TX Rolling Mill</u>
    </p>
    <p>
      Arconic reached an agreement to sell its idled Texarkana, Texas, rolling
      mill to Ta Chen International, Inc., a U.S. subsidiary of aluminum and
      stainless steel distributor Ta Chen Stainless Pipe Co., Ltd. Under the
      terms of the transaction, Arconic will sell the Texarkana facility for
      approximately $300 million in cash, plus additional contingent
      consideration of up to $50 million. The transaction is expected to close
      in the fourth quarter 2018, subject to receipt of certain regulatory
      approvals and other customary closing conditions. The rolling mill and
      cast house have a combined net book value of $62 million. The Company
      expects to record a gain on the sale.
    </p>
    <p>
      <u>Sale Process of BCS Business Underway</u>
    </p>
    <p>
      In July 2018, Arconic announced as part of the ongoing strategy review
      that the Company initiated the sale process of the Building and
      Construction Systems (BCS) business. The sale process is currently
      underway and has drawn robust interest.
    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          2
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Arconic will hold its quarterly conference call at 10:00 AM Eastern
      Time on October 30, 2018, to present third quarter 2018 financial
      results. The call will be webcast via <u>www.arconic.com</u>. Call
      information and related details are available at <u>www.arconic.com</u>
      under &#8220;Investors;&#8221; presentation materials will be available at
      approximately 8:00 AM Eastern Time on October 30.</b>
    </p>
    <p>
      <b>About Arconic</b>
    </p>
    <p>
      Arconic (NYSE: ARNC) creates breakthrough products that shape
      industries. Working in close partnership with our customers, we solve
      complex engineering challenges to transform the way we fly, drive, build
      and power. Through the ingenuity of our people and cutting-edge advanced
      manufacturing techniques, we deliver these products at a quality and
      efficiency that ensure customer success and shareholder value. For more
      information: <u>www.arconic.com</u>. Follow @arconic: Twitter,
      Instagram, Facebook, LinkedIn and YouTube.
    </p>
    <p>
      <b>Dissemination of Company Information</b>
    </p>
    <p>
      Arconic intends to make future announcements regarding Company
      developments and financial performance through its website at <u>www.arconic.com</u>.
    </p>
    <p>
      <b>Forward-Looking Statements</b>
    </p>
    <p>
      This release contains statements that relate to future events and
      expectations and as such constitute forward-looking statements within
      the meaning of the Private Securities Litigation Reform Act of 1995.
      Forward-looking statements include those containing such words as
      &quot;anticipates,&quot; &quot;believes,&quot; &quot;could,&quot; &quot;estimates,&quot; &quot;expects,&quot; &quot;forecasts,&quot;
      &quot;goal,&quot; &quot;guidance,&quot; &quot;intends,&quot; &quot;may,&quot; &quot;outlook,&quot; &quot;plans,&quot; &quot;projects,&quot;
      &quot;seeks,&quot; &quot;sees,&quot; &quot;should,&quot; &quot;targets,&quot; &quot;will,&quot; &quot;would,&quot; or other words of
      similar meaning. All statements that reflect Arconic&#8217;s expectations,
      assumptions or projections about the future, other than statements of
      historical fact, are forward-looking statements, including, without
      limitation, forecasts and expectations relating to the growth of the
      aerospace, automotive, commercial transportation and other end markets;
      statements and guidance regarding future financial results or operating
      performance; statements about Arconic's strategies, outlook, business
      and financial prospects; and statements regarding the completion of the
      Texarkana sale and the expected financial impact of the sale. These
      statements reflect beliefs and assumptions that are based on Arconic&#8217;s
      perception of historical trends, current conditions and expected future
      developments, as well as other factors Arconic believes are appropriate
      in the circumstances. Forward-looking statements are not guarantees of
      future performance and are subject to risks, uncertainties and changes
      in circumstances that are difficult to predict, which could cause actual
      results to differ materially from those indicated by these statements.
      Such risks and uncertainties include, but are not limited to: (a)
      deterioration in global economic and financial market conditions
      generally; (b) unfavorable changes in the markets served by Arconic; (c)
      the inability to achieve the level of revenue growth, cash generation,
      cost savings, improvement in profitability and margins, fiscal
      discipline, or strengthening of competitiveness and operations
      anticipated or targeted; (d) competition from new product offerings,
      disruptive technologies or other developments; (e) political, economic,
      and regulatory risks relating to Arconic&#8217;s global operations, including
      compliance with U.S. and foreign trade and tax laws, sanctions,
      embargoes and other regulations; (f) manufacturing difficulties or other
      issues that impact product performance, quality or safety; (g) Arconic&#8217;s
      inability to realize expected benefits, in each case as planned and by
      targeted completion dates, from acquisitions, divestitures, facility
      closures, curtailments, expansions, or joint ventures; (h) failure or
      delays in the receipt or satisfaction of, or unacceptable or burdensome
      conditions imposed in connection with, all required regulatory approvals
      and the other closing conditions to the Texarkana transaction; (i) the
      impact of cyber attacks and potential information technology or data
      security breaches; (j) changes in discount rates or investment returns
      on pension assets; (k) the impact of changes in aluminum prices and
      foreign currency exchange rates on costs and results; (l) the outcome of
      contingencies, including legal proceedings, government or regulatory
      investigations, and environmental remediation, which can expose Arconic
      to substantial costs and liabilities; and (m) the other risk factors
      summarized in Arconic&#8217;s Form 10-K for the year ended December 31, 2017
      and other reports filed with the U.S. Securities and Exchange Commission
      (SEC). Market projections are subject to the risks discussed above and
      other risks in the market. The statements in this release are made as of
      the date of this release, even if subsequently made available by Arconic
      on its website or otherwise. Arconic disclaims any intention or
      obligation to update publicly any forward-looking statements, whether in
      response to new information, future events, or otherwise, except as
      required by applicable law.
    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          3
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Non-GAAP Financial Measures</b>
    </p>
    <p>
      Some of the information included in this release is derived from
      Arconic&#8217;s consolidated financial information but is not presented in
      Arconic&#8217;s financial statements prepared in accordance with accounting
      principles generally accepted in the United States of America (GAAP).
      Certain of these data are considered &#8220;non-GAAP financial measures&#8221; under
      SEC rules. These non-GAAP financial measures supplement our GAAP
      disclosures and should not be considered an alternative to the GAAP
      measure. Reconciliations to the most directly comparable GAAP financial
      measures and management&#8217;s rationale for the use of the non-GAAP
      financial measures can be found in the schedules to this release and on
      our website at&#160;<u>www.arconic.com</u>&#160;under the &#8220;Investors&#8221; section.
    </p>
    <p>
      ___________________________________
    </p>
    <p>
      <sup><i>1</i></sup><i> Organic revenue is U.S. GAAP revenue adjusted for
      Tennessee Packaging (due to its planned phase-down), divestitures, and
      changes in aluminum prices and foreign currency exchange rates relative
      to prior year period.</i>
    </p>
    <p>

    </p>
    <p>
      <sup><i>2</i></sup><i> As of the first quarter of 2018, Arconic&#8217;s
      segment reporting measure has changed from Adjusted EBITDA to Segment
      operating profit.</i>
    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          4
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="11" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="11" style="text-align: left; padding-left: 0.0px">
          <b>Statement of Consolidated Operations (unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="11" style="text-align: left; padding-left: 0.0px">
          <b>(in millions, except per-share and share amounts)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="6">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="9" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Quarter ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>September 30, 2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>June 30, 2018</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>September 30, 2017</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3,524
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3,573
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3,236
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Cost of goods sold (exclusive of expenses below)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,881
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,903
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,591
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Selling, general administrative, and other expenses
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          134
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          158
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          152
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Research and development expenses
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          25
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          29
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          24
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Provision for depreciation and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          141
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          144
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          140
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (2
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          15
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          19
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Operating income<sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          345
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          324
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          310
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Interest expense
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          88
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          89
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          100
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other expense, net<sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          8
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          41
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          38
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Income before income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          249
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          194
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          172
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Provision for income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          88
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          74
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          53
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Net income
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          161
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          120
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          119
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          EARNINGS PER SHARE ATTRIBUTABLE TO ARCONIC COMMON SHAREHOLDERS:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Basic<sup>(2)(3)</sup>:
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Earnings per share
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.33
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.25
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.23
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Average number of shares<sup>(3)</sup>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          483,048,831
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          482,854,550
        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          441,512,709
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Diluted<sup>(2)(3)</sup>:
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Earnings per share
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.32
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.24
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.22
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Average number of shares<sup>(3)</sup>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          502,427,792
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          501,960,573
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          462,055,864
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(1)</sup>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          In the first quarter of 2018, Arconic adopted changes issued by the
          Financial Accounting Standards Board (&quot;FASB&quot;) to the presentation of
          net periodic pension cost and net periodic postretirement benefit
          cost. Based on the new guidance, Arconic has presented only the
          service cost component of net periodic benefit cost within Operating
          income, while the non-service related components of net periodic
          benefit cost have been presented in the Other expense, net line
          item. Prior periods in 2017 have been recast to conform to this
          presentation. As a result, $39 of non-service related net periodic
          benefit cost was reclassified in the quarter ended September 30,
          2017 from various line items within Operating income to the Other
          expense, net line item. There was no impact to Net income.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          In order to calculate both basic and diluted earnings per share,
          preferred stock dividends declared of $1, $1 and $18 for the
          quarters ended September 30, 2018, June 30, 2018 and September 30,
          2017, respectively, need to be subtracted from Net income.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(3)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          For the quarters ended September 30, 2018, June 30, 2018, and
          September 30, 2017, the difference between the respective diluted
          average number of shares and the respective basic average number of
          shares related to share equivalents (19 million, 19 million, and 20
          million, respectively) associated with outstanding employee stock
          options and awards and shares underlying outstanding convertible
          debt (acquired through the acquisition of RTI International Metals,
          Inc (&#8220;RTI&#8221;)).
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          5
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="text-align: left; padding-left: 0.0px">
          <b>Statement of Consolidated Operations (unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="text-align: left; padding-left: 0.0px">
          <b>(in millions, except per-share and share amounts)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" colspan="7" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Nine months ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>September 30, 2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>September 30, 2017</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          10,542
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          9,689
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Cost of goods sold (exclusive of expenses below)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          8,552
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          7,598
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Selling, general administrative, and other expenses
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          464
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          569
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Research and development expenses
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          77
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          81
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Provision for depreciation and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          427
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          410
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          20
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          118
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Operating income<sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,002
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          913
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Interest expense<sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          291
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          398
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other expense (income), net<sup>(1),(3)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          69
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (410
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Income before income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          642
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          925
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Provision for income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          218
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          272
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Net income
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          424
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          653
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          EARNINGS PER SHARE ATTRIBUTABLE TO ARCONIC COMMON SHAREHOLDERS:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Basic<sup>(4)(5)</sup>:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Earnings per share
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.87
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1.36
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Average number of shares<sup>(5)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          482,765,798
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          440,751,958
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Diluted<sup>(4)(5)</sup>:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Earnings per share
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.86
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1.31
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Average number of shares<sup>(5)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          502,521,053
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          500,534,603
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Common stock outstanding at the end of the period<sup>(4)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          483,181,619
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          442,080,224
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(1)</sup>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          In the first quarter of 2018, Arconic adopted changes issued by the
          FASB to the presentation of net periodic pension cost and net
          periodic postretirement benefit cost. Based on the new guidance,
          Arconic has presented only the service cost component of net
          periodic benefit cost within Operating income, while the non-service
          related components of net periodic benefit cost have been presented
          in the Other expense (income), net line item. Prior periods in 2017
          have been recast to conform to this presentation. As a result, $116
          of non-service related net periodic benefit cost was reclassified in
          the nine-month period ended September 30, 2017 from various line
          items within Operating income to the Other expense (income), net
          line item. There was no impact to Net income.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Interest expense for the nine months ended September 30, 2018
          included $19 related to the early redemption of the Company&#8217;s
          outstanding 5.720% Senior Notes due 2019. Interest expense for the
          nine months ended September 30, 2017 included $76 related to the
          early redemption of the Company&#8217;s outstanding 6.500% Senior Notes
          due 2018 and 6.750% Senior Notes due 2018 (collectively, the &#8220;2018
          Senior Notes&#8221;) and a portion of the Company&#8217;s outstanding 5.720%
          Senior Notes due 2019.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(3)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Other expense (income), net for the nine months ended September 30,
          2017 included a $351 gain on the sale of a portion of Arconic&#8217;s
          investment in Alcoa Corporation common stock and a $167 gain on the
          exchange of Arconic&#8217;s remaining investment in Alcoa Corporation
          common stock for a portion of the Company&#8217;s outstanding 2018 Senior
          Notes.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(4)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          In order to calculate both basic and diluted earnings per share,
          preferred stock dividends declared of $2 and $53 for the nine months
          ended September 30, 2018 and September 30, 2017, respectively, need
          to be subtracted from Net income.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(5)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          For the nine months ended September 30, 2018, the difference between
          the respective diluted average number of shares and the respective
          basic average number of shares related to share equivalents (20
          million) associated with outstanding employee stock options and
          awards and shares underlying outstanding convertible debt (acquired
          through the acquisition of RTI). For the nine months ended September
          30, 2017, the difference between the respective diluted average
          number of shares and the respective basic average number of shares
          related to share equivalents (60 million) associated with
          outstanding employee stock options and awards, shares underlying
          outstanding convertible debt (acquired through the acquisition of
          RTI), and shares underlying mandatory convertible preferred stock.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          6
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="text-align: left; padding-left: 0.0px">
          <b>Consolidated Balance Sheet (unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="text-align: left; padding-left: 0.0px">
          <b>(in millions)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>September 30, 2018</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>December 31, 2017</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Assets</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Current assets:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,535
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,150
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Receivables from customers, less allowances of $5 in 2018 and $8 in
          2017
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,147
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,035
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Other receivables
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          511
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          339
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Inventories
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,622
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,480
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Prepaid expenses and other current assets
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          317
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          374
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Total current assets
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          6,132
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          6,378
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Properties, plants, and equipment, net
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          5,645
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          5,594
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Goodwill
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          4,517
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          4,535
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          605
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          743
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Intangibles, net
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          954
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          987
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other noncurrent assets
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          474
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          481
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 20.0px">
          Total assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          18,327
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          18,718
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Liabilities</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Current liabilities:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Accounts payable, trade
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,061
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,839
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Accrued compensation and retirement costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          359
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          399
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Taxes, including income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          84
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          75
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Accrued interest payable
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          97
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          124
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Other current liabilities
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          371
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          349
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Short-term debt
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          42
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          38
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Total current liabilities
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          3,014
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          2,824
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Long-term debt, less amount due within one year
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          6,315
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          6,806
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Accrued pension benefits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,120
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,564
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Accrued other postretirement benefits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          773
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          841
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other noncurrent liabilities and deferred credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          730
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          759
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Total liabilities
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          12,952
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          13,794
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Equity</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Arconic shareholders&#8217; equity:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Preferred stock
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          55
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          55
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Common stock
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          483
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          481
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Additional capital
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          8,310
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          8,266
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Accumulated deficit
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (943
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (1,248
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Accumulated other comprehensive loss
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (2,544
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (2,644
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Total Arconic shareholders&#8217; equity
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          5,361
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          4,910
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Noncontrolling interests
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          14
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          14
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Total equity
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          5,375
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          4,924
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 20.0px">
          Total liabilities and equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          18,327
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          18,718
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          7
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="text-align: left; padding-left: 0.0px">
          <b>Statement of Consolidated Cash Flows (unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="text-align: left; padding-left: 0.0px">
          <b>(in millions)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>Nine months ended September 30,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>2017</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Operating activities</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Net income
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          424
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          653
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Adjustments to reconcile net income to cash used for operations:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          427
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          410
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          95
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          24
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          20
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          118
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Net loss (gain) from investing activities&#8212;asset sales
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (514
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Net periodic pension benefit cost
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          100
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          163
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Stock-based compensation
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          43
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          59
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Other
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          61
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          112
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Changes in assets and liabilities, excluding effects of
          acquisitions, divestitures, and foreign currency translation
          adjustments:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          (Increase) in receivables<sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (1,020
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (792
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          (Increase) in inventories
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (184
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (168
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          (Increase) decrease in prepaid expenses and other current assets
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (3
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Increase (decrease) in accounts payable, trade
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          257
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (94
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          (Decrease) in accrued expenses
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (96
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (138
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Increase in taxes, including income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          63
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          144
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Pension contributions
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (288
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (257
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          (Increase) in noncurrent assets
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (33
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (37
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          (Decrease) in noncurrent liabilities
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (82
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (62
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          <b>Cash used for operations</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (209
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (373
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Financing Activities</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Net change in short-term borrowings (original maturities of three
          months or less)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          15
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Additions to debt (original maturities greater than three months)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          450
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          664
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Premiums paid on early redemption of debt
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (17
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (52
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Payments on debt (original maturities greater than three months)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (952
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (1,484
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Proceeds from exercise of employee stock options
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          15
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          48
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Dividends paid to shareholders
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (89
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (132
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Distributions to noncontrolling interests
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (14
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (19
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (15
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          <b>Cash used for financing activities</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (609
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (970
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Investing Activities</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Capital expenditures
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (497
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (360
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Proceeds from the sale of assets and businesses
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (9
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Sales of investments<sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          890
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Cash receipts from sold receivables<sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          693
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          514
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other<sup>(3)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (1
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          244
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          <b>Cash provided from investing activities</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          211
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          1,279
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          <b>Effect of exchange rate changes on cash, cash equivalents and
          restricted cash <sup>(4)</sup></b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (4
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Net change in cash, cash equivalents and restricted cash<sup>(4)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (611
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (58
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Cash, cash equivalents and restricted cash at beginning of year<sup>(4)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          2,153
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          1,878
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 20.0px">
          <b>Cash, cash equivalents and restricted cash at end of period<sup>(4)</sup></b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,542
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,820
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          8
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(1)</sup>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          In the first quarter of 2018, Arconic adopted changes issued by the
          FASB to the classification of certain cash receipts and cash
          payments within the statement of cash flows. Based on the new
          guidance, Arconic classified cash received related to net sales of
          beneficial interest in previously transferred trade accounts
          receivables within investing activities. This new accounting
          standard does not reflect a change in our underlying business or
          activities. The prior period in 2017 has been recast to conform to
          this presentation, resulting in the reclassification of $514 from
          operating activities to investing activities for the nine months
          ended September 30, 2017. In addition, Arconic reclassified $52 of
          cash paid for debt prepayments including extinguishment costs from
          operating activities to financing activities for the nine months
          ended September 30, 2017.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          In the first quarter of 2017, Arconic sold 23,353,000 of its shares
          of Alcoa Corporation common stock at $38.03 per share which resulted
          in $888 in cash proceeds.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(3)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          In the first quarter of 2017, Other investing activities included
          proceeds received from Alcoa Corporation&#8217;s sale of the Yadkin
          Hydroelectric Project.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(4)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          In the first quarter of 2018, Arconic adopted changes issued by the
          FASB to the classification of cash and cash equivalents within the
          statement of cash flows. Based on the new guidance, Arconic
          classified restricted cash and the change in restricted cash within
          the cash and cash equivalents and net change in cash and cash
          equivalents line items. The prior period in 2017 has been recast to
          conform to this presentation, resulting in the reclassification of
          $11 from investing activities for the nine months ended September
          30, 2017.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          9
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="33" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="33" style="text-align: left; padding-left: 0.0px">
          <b>Segment Information (unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="33" style="text-align: left; padding-left: 0.0px">
          <b>(in millions)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>1Q17</b>
        </td>
        <td>

        </td>
        <td valign="middle" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>2Q17</b>
        </td>
        <td>

        </td>
        <td valign="middle" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>3Q17</b>
        </td>
        <td>

        </td>
        <td valign="middle" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>4Q17</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td valign="middle" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>1Q18</b>
        </td>
        <td>

        </td>
        <td valign="middle" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>2Q18</b>
        </td>
        <td>

        </td>
        <td valign="middle" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>3Q18</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Engineered Products and Solutions:</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Third-party sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,487
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,485
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,477
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,494
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          5,943
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,541
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,596
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,566
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Segment operating profit<sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          247
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          250
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          239
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          228
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          964
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          221
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          212
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          238
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Segment operating profit margin
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          16.6
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          16.8
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          16.2
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          15.3
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          16.2
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          14.3
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          13.3
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          15.2
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Provision for depreciation and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          64
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          66
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          68
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          70
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          268
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          71
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          70
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          71
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          719
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          719
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom-color: black; border-bottom-style: double; text-align: left; padding-left: 0.0px; border-bottom-width: 2.25pt">
          Restructuring and other charges
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          6
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          8
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          10
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          6
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          30
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          9
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          15
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Global Rolled Products:</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Third-party sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,248
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,271
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,234
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,247
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          5,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,366
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,451
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,426
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Intersegment sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          34
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          37
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          36
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          41
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          148
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          42
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          46
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          34
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Segment operating profit
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          136
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          133
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          64
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          91
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          424
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          112
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          123
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          74
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Segment operating profit margin
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          10.9
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          10.5
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          5.2
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          7.3
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          8.5
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          8.2
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          8.5
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          5.2
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Provision for depreciation and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          50
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          51
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          52
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          52
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          205
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          51
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          53
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          50
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          57
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          17
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (4
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          72
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (1
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom-color: black; border-bottom-style: double; text-align: left; padding-left: 0.0px; border-bottom-width: 2.25pt">
          Third-party aluminum shipments (kmt)
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          310
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          307
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          297
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          283
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,197
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          308
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          315
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          318
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Transportation and Construction Solutions:</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Third-party sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          456
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          504
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          523
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          528
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,011
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          537
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          562
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          530
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Segment operating profit
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          68
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          71
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          74
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          77
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          290
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          67
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          97
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          77
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Segment operating profit margin
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          14.9
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          14.1
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          14.1
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          14.6
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          14.4
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          12.5
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          17.3
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          14.5
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Provision for depreciation and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          12
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          12
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          13
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          13
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          50
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          13
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          12
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          12
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom-color: black; border-bottom-style: double; text-align: left; padding-left: 0.0px; border-bottom-width: 2.25pt">
          Restructuring and other charges
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          3
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          6
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          2
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          41
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          52
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Reconciliation of Total segment operating profit to Consolidated
          income (loss) before income taxes:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Total segment operating profit
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          451
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          454
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          377
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          396
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,678
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          400
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          432
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          389
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Unallocated amounts:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (73
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (26
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (19
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (47
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (165
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (7
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (15
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (719
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (719
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 10.0px; border-bottom-width: 1.0pt">
          Corporate expense<sup>(2)</sup>
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (95
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (108
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (48
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (63
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (314
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (60
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (93
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (46
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Consolidated operating income (loss)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          283
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          320
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          310
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (433
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          480
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          333
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          324
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          345
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Interest expense<sup>(3)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (115
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (183
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (100
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (98
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (496
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (114
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (89
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (88
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          Other income (expense), net<sup>(4)</sup>
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          316
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          132
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (38
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          76
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          486
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (20
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (41
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (8
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom-color: black; border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt">
          Consolidated income (loss) before income taxes
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          484
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          269
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          172
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (455
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          470
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          199
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          194
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          249
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      In the first quarter of 2018, the Company changed its primary measure of
      segment performance from&#160;Adjusted EBITDA to Segment operating profit.
      Arconic&#8217;s definition of Segment operating profit is Operating income
      (loss) excluding Special items. Special items include Restructuring and
      other charges, and Impairment of goodwill. Segment operating profit may
      not be comparable to similarly titled measures of other companies. Prior
      period amounts have been recast to conform to current period
      presentation.
    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          10
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Segment operating profit also includes certain items which under the
      previous segment performance measure were recorded in Corporate, such as
      the impact of LIFO inventory accounting, metal price lag, intersegment
      profit eliminations, and derivative activities.
    </p>
    <p>
      The difference between certain segment totals and consolidated amounts
      is Corporate.
    </p>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(1)</sup>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          For the quarter ended June 30, 2018, Segment operating profit for
          the Engineered Products and Solutions segment included the impact of
          a $23 charge related to a physical inventory adjustment at one plant.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          For the quarter ended March 31, 2017, Corporate expense included $18
          of costs associated with the separation of Alcoa Inc. and $16 of
          proxy, advisory and governance-related costs. For the quarter ended
          June 30, 2017, Corporate expense included $42 of proxy, advisory and
          governance-related costs. For the quarter ended June 30, 2018,
          Corporate expense included $38 of costs related to settlements of
          certain customer claims primarily related to product introductions.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(3)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          For the quarter ended June 30, 2017, Interest expense included $76
          related to the early redemption of the Company&#8217;s 2018 Senior Notes
          and a portion of the Company&#8217;s outstanding 5.720% Senior Notes due
          2019. For quarter ended March 31, 2018, Interest expense included
          $19 related to the early redemption of the Company&#8217;s outstanding
          5.720% Senior Notes due 2019.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(4)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          For the quarter ended March 31, 2017, Other income (expense), net
          included a $351 gain on the sale of a portion of Arconic&#8217;s
          investment in Alcoa Corporation common stock. For the quarter ended
          June 30, 2017, Other income (expense), net included a $167 gain on
          the exchange of Arconic&#8217;s remaining investment in Alcoa Corporation
          common stock for a portion of the Company&#8217;s outstanding 2018 Senior
          Notes. For the quarter ended December 31, 2017, Other income
          (expense), net included favorable adjustments of $81 to the Firth
          Rixson earn-out and $25 to a separation-related guarantee liability.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          11
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="21" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="21" style="text-align: left; padding-left: 0.0px">
          <b>Calculation of Financial Measures (unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="21" style="text-align: left; padding-left: 0.0px">
          <b>(in millions, except per-share amounts)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px" rowspan="2">
          <b>Net income excluding Special items</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="11" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Quarter ended</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Nine months ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>June 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2017</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2017</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Net income
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          161
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          120
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          119
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          424
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          653
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Diluted earnings per share (EPS)
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.32
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.24
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.22
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.86
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1.31
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Special items:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (2
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          15
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          19
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          20
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          118
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Discrete tax items<sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          26
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          21
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          49
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Other special items<sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (24
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          42
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          43
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (348
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Tax impact<sup>(3)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (1
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (13
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (8
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (22
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          40
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Net income excluding Special items
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          160
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          185
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          132
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          514
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          466
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Diluted EPS excluding Special items
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          0.32
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          0.37
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          0.25
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1.04
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          0.91
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Average number of shares - diluted EPS excluding Special items<sup>(4)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          502,427,792
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          501,960,573
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          462,055,864
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          502,521,053
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          461,287,601
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <p>
      Net income excluding Special items and Diluted EPS excluding Special
      items are non-GAAP financial measures. Management believes that these
      measures are meaningful to investors because management reviews the
      operating results of Arconic excluding the impacts of Restructuring and
      other charges, Discrete tax items, and Other special items
      (collectively, &#8220;Special items&#8221;). There can be no assurances that
      additional special items will not occur in future periods. To compensate
      for this limitation, management believes that it is appropriate to
      consider both Net income determined under GAAP as well as Net income
      excluding Special items.
    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          12
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(1)</sup>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          Discrete tax items for each period included the following:
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the quarter ended September 30, 2018, a charge to establish a
          tax reserve in Spain ($59), a net charge related to prior year
          adjustments in various jurisdictions ($13), a benefit to reverse a
          foreign tax reserve that is effectively settled ($38), and benefits
          resulting from the Company&#8217;s ongoing analysis of the U.S. Tax Cuts
          and Jobs Act of 2017 related to the one-time transition tax ($2) and
          U.S. rate change impacts ($6);
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the quarter ended June 30, 2018, charges resulting from the
          Company&#8217;s ongoing analysis of the U.S. Tax Cuts and Jobs Acts of
          2017 related to an increase in the provisional estimate of the
          one-time transition tax ($18) and Alternative Minimum Tax (AMT)
          credits expected to be refunded upon filing the 2018 tax return that
          will result in no benefit under government sequestration ($3);
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the quarter ended September 30, 2017, a net charge for a number
          of small items ($2);
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the nine months ended September 30, 2018, a charge to establish
          a tax reserve in Spain ($59); a net charge related to prior year
          adjustments in various jurisdictions ($13); a net charge resulting
          from the Company&#8217;s ongoing analysis of the U.S. Tax Cuts and Jobs
          Acts of 2017 related to an increase in the one-time transition tax
          ($16) and a charge for AMT credits expected to be refunded upon
          filing the 2018 tax return that will result in no benefit under
          government sequestration ($3), partially offset by beneficial U.S.
          rate change impacts ($6); a benefit to reverse a foreign tax reserve
          that is effectively settled ($38), and a charge for a number of
          small items ($2); and
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the nine months ended September 30, 2017, a net charge for a
          number of small items ($3).
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          Other special items included the following:
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the quarter ended September 30, 2018, a benefit from
          establishing a tax indemnification receivable ($29) reflecting Alcoa
          Corporation&#8217;s 49% share of the Spanish tax reserve and legal and
          other advisory costs related to Grenfell Tower ($5);
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the quarter ended June 30, 2018, costs related to settlements of
          certain customer claims primarily related to product introductions
          ($38) and legal and other advisory costs related to Grenfell Tower
          ($4);
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the quarter ended September 30, 2017, legal and other advisory
          costs related to Grenfell Tower ($7) and a favorable tax impact
          resulting from the difference between Arconic&#8217;s consolidated
          estimated annual effective tax rate and the statutory rate
          applicable to special items ($7);
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the nine months ended September 30, 2018, costs related to
          settlements of certain customer claims primarily related to product
          introductions ($38), a benefit from establishing a tax
          indemnification receivable ($29) reflecting Alcoa Corporation&#8217;s 49%
          share of the Spanish tax reserve, costs related to the early
          redemption of the Company&#8217;s outstanding 5.720% Senior Notes due 2019
          ($19), legal and other advisory costs related to Grenfell Tower
          ($14), and a charge for a number of small tax items ($1); and
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#8226;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          for the nine months ended September 30, 2017, a gain on the sale of
          a portion of Arconic&#8217;s investment in Alcoa Corporation common stock
          ($351), and a gain on the exchange of the remaining portion of
          Arconic&#8217;s investment in Alcoa Corporation common stock ($167), costs
          associated with the Company&#8217;s early redemption of $1,250 of
          outstanding senior notes ($76), proxy, advisory, and
          governance-related costs ($58), costs associated with the separation
          of Alcoa Inc. ($18), legal and other advisory costs related to
          Grenfell Tower ($7), an unfavorable tax impact resulting from the
          difference between Arconic&#8217;s consolidated estimated annual effective
          tax rate and the statutory rate applicable to special items ($6) and
          an unfavorable tax impact related to the interim period treatment of
          operational losses in certain foreign jurisdictions for which no tax
          benefit was recognized ($5).
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(3)</sup>
        </td>
        <td>

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          The tax impact on special items is based on the applicable statutory
          rates whereby the difference between such rates and Arconic&#8217;s
          consolidated estimated annual effective tax rate is itself a Special
          item.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(4)</sup>
        </td>
        <td>

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          The average number of shares applicable to diluted EPS excluding
          Special items, includes certain share equivalents as their effect
          was dilutive. For all periods presented, share equivalents
          associated with outstanding employee stock options and awards and
          shares underlying outstanding convertible debt (acquired through the
          acquisition of RTI) were dilutive based on Net income excluding
          Special items.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          For the quarter and nine months ended September 30, 2017, share
          equivalents associated with mandatory convertible preferred stock
          were anti-dilutive based on Net income excluding Special items.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px" rowspan="2">
          <b>Operational Tax Rate</b>
        </td>
        <td>

        </td>
        <td valign="top" colspan="11" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>Quarter ended September 30, 2018</b>
        </td>
        <td>

        </td>
        <td valign="top" colspan="11" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>Nine months ended September 30, 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>As reported</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Special</b><br><b>items<sup>(1)</sup></b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>As adjusted</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>As reported</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Special</b><br><b>items<sup>(1)</sup></b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>As adjusted</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Income before income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          249
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (26
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          223
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          642
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          62
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          704
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Provision for income taxes
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          88
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (25
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          63
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          218
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (28
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          190
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Operational tax rate
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          35.3
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          28.3
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          34.0
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          27.0
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
      </tr>
    </table>
    </div>
    <p>
      Operational tax rate is a non-GAAP financial measure. Management
      believes that this measure is meaningful to investors because management
      reviews the operating results of Arconic excluding the impacts of
      Special items. There can be no assurances that additional Special items
      will not occur in future periods. To compensate for this limitation,
      management believes that it is appropriate to consider both the
      Effective tax rate determined under GAAP as well as the Operational tax
      rate.
    </p>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(1)</sup>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          See Net income excluding Special items reconciliation above for a
          description of Special items.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          13
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="24" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="24" style="text-align: left; padding-left: 0.0px">
          <b>Calculation of Financial Measures (unaudited), continued</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="24" style="text-align: left; padding-left: 0.0px">
          <b>(dollars in millions)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="6">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="6">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="6">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          <b>Organic Revenue</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Quarter ended</b><br><b>September 30,</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>Quarter ended June 30,</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="6" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Nine months ended</b><br><b>September 30,</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>2017</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Arconic</u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Sales &#8211; Arconic
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3,524
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3,236
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3,573
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3,261
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          10,542
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          9,689
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Less:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Sales &#8211; Tennessee packaging
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          37
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          45
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          46
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          51
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          126
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          150
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Sales &#8211; Fusina rolling mill
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          54
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Sales &#8211; Latin America extrusions
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          25
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          86
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Aluminum price impact
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          108
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          149
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          366
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Foreign currency impact
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (15
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          38
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          89
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 10.0px">
          Arconic Organic revenue
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          3,394
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          3,161
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          3,340
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          3,171
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          9,936
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          9,399
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Engineered Products and Solutions (EP&amp;S)</u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,566
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,477
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,596
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,485
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          4,703
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          4,449
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Less:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Aluminum price impact
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (1
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Foreign currency impact
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (1
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          15
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          39
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 10.0px">
          EP&amp;S Organic revenue
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,568
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,477
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,579
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,485
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          4,662
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          4,449
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Global Rolled Products (GRP)</u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,426
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,234
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,451
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,271
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          4,243
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3,753
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Less:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Sales &#8211; Tennessee packaging
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          37
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          45
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          46
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          51
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          126
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          150
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Sales &#8211; Fusina rolling mill
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          54
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Aluminum price impact
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          106
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          128
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          343
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Foreign currency impact
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (10
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          8
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          14
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 10.0px">
          GRP Organic revenue
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,293
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,189
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,269
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,211
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          3,760
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          3,549
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Transportation and Construction Solutions (TCS)</u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          530
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          523
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          562
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          504
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,629
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,483
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Less:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Sales &#8211; Latin America extrusions
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          25
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          86
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 20.0px">
          Aluminum price impact
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          19
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          21
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          n/a
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Foreign currency impact
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          (4
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          15
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          36
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          n/a
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 10.0px">
          TCS Organic revenue
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          531
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          493
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          528
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          474
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,547
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,397
        </td>
      </tr>
    </table>
    </div>
    <p>
      Organic revenue is a non-GAAP financial measure. Management believes
      this measure is meaningful to investors as it presents revenue on a
      comparable basis for all periods presented due to the impact of the
      ramp-down and Toll Processing and Services Agreement with Alcoa
      Corporation at the North America packaging business at its Tennessee
      operations, the sale of the Fusina, Italy rolling mill, the sale of
      Latin America extrusions, and the impact of changes in aluminum prices
      and foreign currency fluctuations relative to the prior year periods.
    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          14
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="21" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="21" style="text-align: left; padding-left: 0.0px">
          <b>Calculation of Financial Measures (unaudited), continued</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="21" style="text-align: left; padding-left: 0.0px">
          <b>(dollars in millions)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px" rowspan="2">
          <b>Adjusted free cash flow</b>
        </td>
        <td>

        </td>
        <td valign="top" colspan="11" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Quarter ended</b>
        </td>
        <td>

        </td>
        <td valign="top" colspan="7" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Nine months ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>June 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2017</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2017</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Cash provided from (used for) operations
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          51
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          176
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (57
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (209
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (373
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Capital expenditures
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (209
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (171
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (131
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (497
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (360
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Cash receipts from sold receivables
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          273
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          284
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          229
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          693
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          514
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Adjusted free cash flow
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          115
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          289
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          41
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          (13
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          (219
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          )
        </td>
      </tr>
    </table>
    </div>
    <p>
      There has been no change in the net cash funding in the sale of accounts
      receivable program in the third quarter of 2018.&#160;It remains at $350.
    </p>
    <p>
      Adjusted free cash flow is a non-GAAP financial measure. Management
      believes that this measure is meaningful to investors because management
      reviews cash flows generated from operations after taking into
      consideration capital expenditures (due to the fact that these
      expenditures are considered necessary to maintain and expand Arconic&#8217;s
      asset base and are expected to generate future cash flows from
      operations), as well as cash receipts from net sales of beneficial
      interest in sold receivables. In conjunction with the implementation of
      the new accounting guidance on changes to the classification of certain
      cash receipts and cash payments within the statement of cash flows,
      specifically as it relates to the requirement to reclassify cash
      receipts from net sales of beneficial interest in sold receivables from
      operating activities to investing activities, the Company has changed
      the calculation of its measure of Adjusted free cash flow to include
      cash receipts from net sales of beneficial interest in sold receivables.
      This change to our measure of Adjusted free cash flow is being
      implemented to ensure consistent presentation of this measure across all
      historical periods. The adoption of this accounting guidance does not
      reflect a change in our underlying business or activities. It is
      important to note that Adjusted free cash flow does not represent the
      residual cash flow available for discretionary expenditures since other
      non-discretionary expenditures, such as mandatory debt service
      requirements, are not deducted from the measure.
    </p>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          <b>Net Debt</b>
        </td>
        <td>

        </td>
        <td valign="top" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="top" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>June 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="top" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>March 31,</b><br><b>2018</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="top" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>December 31,</b><br><b>2017</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="top" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2017</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Short-term debt
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          42
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          45
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          45
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          38
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          55
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Long-term debt, less amount due within one year
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          6,315
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          6,312
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          6,309
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          6,806
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          6,802
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Total debt
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          6,357
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          6,357
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          6,354
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          6,844
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          6,857
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Less: Cash and cash equivalents
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          1,535
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          1,455
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          1,205
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          2,150
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          1,815
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Net debt
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          4,822
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          4,902
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          5,149
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          4,694
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          5,042
        </td>
      </tr>
    </table>
    </div>
    <p>
      Net debt is a non-GAAP financial measure. Management believes that this
      measure is meaningful to investors because management assesses Arconic&#8217;s
      leverage position after factoring in available cash that could be used
      to repay outstanding debt.
    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          15
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="20" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="20" style="text-align: left; padding-left: 0.0px">
          <b>Calculation of Financial Measures (unaudited), continued</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="20" style="text-align: left; padding-left: 0.0px">
          <b>(dollars in millions)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">

        </td>
        <td>

        </td>
        <td colspan="6">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px" rowspan="2">
          <b>Operating income excluding Special items</b>
        </td>
        <td>

        </td>
        <td valign="top" colspan="11" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Quarter ended</b>
        </td>
        <td>

        </td>
        <td valign="top" colspan="6" style="border-bottom-color: black; border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt">
          <b>Nine months ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>June 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2017</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="top" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2017</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Operating income
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          345
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          324
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          310
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,002
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          913
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          Special items:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (2
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          15
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          19
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          20
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          118
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Separation costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          18
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Proxy, advisory and governance-related costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          58
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 10.0px">
          Legal and other advisory costs related to Grenfell Tower
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          14
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          7
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Settlements of certain customer claims primarily related to product
          introductions
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          38
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          38
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          &#8212;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Operating income excluding Special items
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          348
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          381
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          336
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,074
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          1,114
        </td>
      </tr>
    </table>
    </div>
    <p>
      Operating income excluding Special items is a non-GAAP financial
      measure. Management believes that this measure is meaningful to
      investors because management reviews the operating results of Arconic
      excluding the impacts of Special items. There can be no assurances that
      additional Special items will not occur in future periods. To compensate
      for this limitation, management believes that it is appropriate to
      consider both Operating income determined under GAAP as well as
      Operating income excluding Special items.
    </p>
    <div style="margin-left: 0pt; width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 8pt; font-family: Times New Roman; text-align: center">
          16
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="text-align: left; padding-left: 0.0px">
          <b>Arconic and subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="text-align: left; padding-left: 0.0px">
          <b>Calculation of Financial Measures (unaudited), continued</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="text-align: left; padding-left: 0.0px">
          <b>(dollars in millions)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" rowspan="2">
          <b>Return on Net Assets (RONA)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>Nine months ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>September 30, 2018</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          424
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Special items<sup>(1)</sup>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          90
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Net income excluding Special items
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          514
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Annualized net income excluding Special items
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          685
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Net Assets:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          <b>September 30, 2018</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Add: Receivables from customers, less allowances
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,147
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Add: Deferred purchase program<sup>(2)</sup>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          362
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Add: Inventories
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,622
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Less: Accounts payable, trade
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          2,061
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Working capital
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,070
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Properties, plants, and equipment, net (PP&amp;E)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px">
          5,645
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net assets - total
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          7,715
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          RONA
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: right; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          8.9
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; text-align: left; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px">
          %
        </td>
      </tr>
    </table>
    </div>
    <p>
      RONA is a non-GAAP financial measure.&#160;RONA is calculated as Net income
      excluding Special items divided by working capital and net PP&amp;E.
      Management believes that this measure is meaningful to investors as RONA
      helps management and investors determine the percentage of net income
      the company is generating from its assets. This ratio tells how
      effectively and efficiently the company is using its assets to generate
      earnings.
    </p>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(1)</sup>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          See Reconciliation of Net income excluding Special items for a
          description of Special items.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          The Deferred purchase program relates to an arrangement to sell
          certain customer receivables to several financial institutions on a
          recurring basis. Arconic is adding back the receivable for the
          purposes of the Working capital calculation.
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>Arconic Inc.<br><b>Investor Contact</b><br>Paul T. Luther,
      212-836-2758<br><u>Paul.Luther@arconic.com</u><br>or<br><b>Media Contact</b><br>Justin
      Falce, 412-553-2666<br><u>Justin.Falce@arconic.com</u>
    </p>
    <p>

    </p>
    <p style="text-align: center">
      17
    </p>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
