Restructuring and Other Charges (Tables)

9 Months Ended

Sep. 30, 2020

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Segment

Arconic Corporation does not include Restructuring and other charges in the results of its reportable segments. The impact of allocating such charges to segment results would have been as follows:


	Third quarter ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Rolled Products	$	(1)	$	61	$	15	$	69
Building and Construction Systems	—		2		6		31
Extrusions	1		(1)		(27)		(1)
Segment total	—		62		(6)		99
Corporate	3		2		67		5
	$	3	$	64	$	61	$	104

Schedule of Restructuring Reserve

Activity and reserve balances for restructuring charges were as follows:


	Layoff costs		Other costs		Total
Reserve balances at December 31, 2018	$	1	$	3	$	4
Cash payments	(12)		(3)		(15)
Restructuring charges	30		2		32
Other(1)	1		(1)		—
Reserve balances at December 31, 2019	20		1		21
Separation-related adjustments(2)	2		—		2
Cash payments	(16)		(2)		(18)
Restructuring charges	26		3		29
Other(1)	(9)		(1)		(10)
Reserve balances at September 30, 2020(3)	$	23	$	1	$	24

_____________________

(1) Other includes reversals of previously recorded restructuring charges and the effects of foreign currency translation.

(2) Represents liabilities transferred from ParentCo on April 1, 2020 in connection with the Separation (see Note A).

(3) The remaining reserves are expected to be paid in cash during the remainder of 2020, with the exception of $12 that is expected to be paid in 2021 ($11) and 2022 ($1) related to special termination benefits.