v3.22.2

Leases​ | 6 Months Ended
--- | ---
Jun. 30, 2022
Leases [Abstract] |
Leases | Leases Arconic leases certain land and buildings, plant equipment, vehicles, and computer equipment, which have been classified as operating leases. Operating lease cost, which includes short-term leases and variable lease payments and approximates cash paid, was $14 and $27 in the 2022 second quarter and six-month period, respectively, and $14 and $30 in the 2021 second quarter and six-month period, respectively. Right-of-use assets obtained in exchange for operating lease obligations were $18 in the 2022 six-month period and $10 in the 2021 six-month period. Future minimum contractual operating lease obligations were as follows:
| June 30, 2022
2022 | $ | 21 |
2023 | 33 |
2024 | 25 |
2025 | 19 |
2026 | 13 |
Thereafter | 31 |
Total lease payments | $ | 142 |
Less: imputed interest | 24 |
Present value of lease liabilities | $ | 118 |
The weighted-average remaining lease term and weighted-average discount rate for the Company’s operating leases at June 30, 2022 and December 31, 2021 was 6.2 years and 6.1 years, respectively, and 5.8% and 5.8%, respectively.

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

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration