v3.22.0.1
Statement of Consolidated Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Total sales $ 7,504 $ 5,675 $ 7,277
Cost of goods sold (exclusive of expenses below) 6,573 4,862 6,332
Selling, general administrative, and other expenses 247 258 346
Research and development expenses 34 36 45
Provision for depreciation and amortization 253 251 252
Goodwill and Intangible Asset Impairment 65 0 0
Restructuring and other charges 624 188 87
Operating (loss) income (292) 80 215
Interest expense 100 118 115
Other expenses (income), net 67 70 (15)
(Loss) Income before income taxes (459) (108) 115
(Benefit) Provision for income taxes (62) 1 (62)
Net (loss) income (397) (109) 177
Less: Net income attributable to noncontrolling interest 0 0 0
Net (loss) income attributable to Arconic Corporation $ (397) $ (109) $ 177
Earnings Per Share Attributable to Arconic Corporation Common Stockholders      
Basic (in dollars per share) $ (3.65) $ (1.00) $ 1.63
Diluted (in dollars per share) $ (3.65) $ (1.00) $ 1.63
Sales      
Total sales $ 7,504 $ 5,675 $ 7,277