v3.20.1
Subsequent Events​
3 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
Management evaluated all activity of Arconic Corporation and concluded that no subsequent events have occurred that would require recognition in the Combined Financial Statements or disclosure in the Notes to the Combined Financial Statements, except as described below.
On April 1, 2020, ParentCo completed its separation into two standalone, publicly-traded companies (see Note A).
On April 2, 2020, Arconic Corporation borrowed $500 under its revolving credit facility (see Note L).
On April 8, 2020, Arconic Corporation initiated a series of actions to mitigate the impacts of the COVID-19 pandemic on the Company (see Note A).
On May 13, 2020, Arconic Corporation executed a refinancing of certain of its existing financing arrangements (see Note L).