XML 45 R36.htm IDEA: XBRL DOCUMENT
v3.21.2

Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Equity [Abstract] |
Summary of Changes in Accumulated Other Comprehensive (Loss) by Component | The following table details the activity of the three components that comprise Accumulated other comprehensive loss:
| Third quarter ended |  | Nine months ended
| September 30, |  | September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Pension and other postretirement benefits (G) |  |  |  |  |  |  |
Balance at beginning of period | $ | (903) |  |  | $ | (866) |  |  | $ | (980) |  |  | $ | (2,732) |
Other comprehensive income: |  |  |  |  |  |  |
Unrecognized net actuarial gain (loss) and prior service cost/benefit | 1 |  |  | (7) |  |  | 68 |  |  | (66) |
Tax benefit (expense) | — |  |  | 3 |  |  | (15) |  |  | 11 |
Total Other comprehensive income (loss) before reclassifications, net of tax | 1 |  |  | (4) |  |  | 53 |  |  | (55) |
Amortization of net actuarial loss and prior service cost(1) | 15 |  |  | 16 |  |  | 46 |  |  | 133 |
Tax expense(2) | (3) |  |  | (4) |  |  | (9) |  |  | (24) |
Total amount reclassified from Accumulated other comprehensive loss, net of tax(3) | 12 |  |  | 12 |  |  | 37 |  |  | 109 |
Total Other comprehensive income | 13 |  |  | 8 |  |  | 90 |  |  | 54 |
Transfer to Arconic Corporation | — |  |  | (22) |  |  | — |  |  | 1,798 |
Balance at end of period | $ | (890) |  |  | $ | (880) |  |  | $ | (890) |  |  | $ | (880) |
Foreign currency translation |  |  |  |  |  |  |
Balance at beginning of period | $ | (992) |  |  | $ | (1,097) |  |  | $ | (966) |  |  | $ | (596) |
Foreign currency translation | (36) |  |  | 48 |  |  | (62) |  |  | (39) |
Net amount reclassified from Accumulated other comprehensive loss(4) | — |  |  | — |  |  | — |  |  | 14 |
Other comprehensive (loss) income | (36) |  |  | 48 |  |  | (62) |  |  | (25) |
Transfer to Arconic Corporation | — |  |  | — |  |  | — |  |  | (428) |
Balance at end of period | $ | (1,028) |  |  | $ | (1,049) |  |  | $ | (1,028) |  |  | $ | (1,049) |
Cash flow hedges |  |  |  |  |  |  |
Balance at beginning of period | $ | 11 |  |  | $ | (5) |  |  | $ | 3 |  |  | $ | (1) |
Other comprehensive income (loss): |  |  |  |  |  |  |
Net change from periodic revaluations | 1 |  |  | 2 |  |  | 20 |  |  | (6) |
Tax benefit (expense) | — |  |  | 2 |  |  | (4) |  |  | 2 |
Total Other comprehensive income (loss) before reclassifications, net of tax | 1 |  |  | 4 |  |  | 16 |  |  | (4) |
Net amount reclassified to earnings | (7) |  |  | 2 |  |  | (15) |  |  | 6 |
Tax benefit (expense)(2) | 2 |  |  | (1) |  |  | 3 |  |  | (1) |
Total amount reclassified from Accumulated other comprehensive (loss) income, net of tax(3) | (5) |  |  | 1 |  |  | (12) |  |  | 5 |
Total Other comprehensive (loss) income | (4) |  |  | 5 |  |  | 4 |  |  | 1 |
Balance at end of period | $ | 7 |  |  | $ | — |  |  | $ | 7 |  |  | $ | — |
Accumulated other comprehensive loss | $ | (1,911) |  |  | $ | (1,929) |  |  | $ | (1,911) |  |  | $ | (1,929) |
(1)These amounts were recorded in Other expense, net on the Statement of Consolidation Operations (see Note F). (2)These amounts were included in (Benefit) provision for income taxes on the Statement of Consolidated Operations. (3)A positive amount indicates a corresponding charge to earnings and a negative amount indicates a corresponding benefit to earnings. (4)Foreign currency translation charges were included in Restructuring and other charges on the Statement of Consolidated Operations due to the sale of foreign entities.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration