v3.22.2
Statement of Combined Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net income (loss) $ 115 $ (427) $ 157 $ (375)
Other comprehensive income, net of tax        
Change in unrecognized net actuarial loss and prior service cost/benefit related to pension and other postretirement benefits 26 567 84 592
Foreign currency translation adjustments (55) 13 (62) 6
Net change in unrecognized losses on cash flow hedges 190 (14) 120 (36)
Total Other comprehensive income, net of tax 161 566 142 562
Comprehensive income 276 139 299 187
Arconic Corporation        
Net income (loss) 114 (427) 156 (375)
Other comprehensive income, net of tax        
Change in unrecognized net actuarial loss and prior service cost/benefit related to pension and other postretirement benefits 26 567 84 592
Foreign currency translation adjustments (55) 13 (62) 6
Net change in unrecognized losses on cash flow hedges 190 (14) 120 (36)
Total Other comprehensive income, net of tax 161 566 142 562
Comprehensive income 275 139 298 187
Noncontrolling interest        
Net income (loss) 1 0 1 0
Other comprehensive income, net of tax        
Change in unrecognized net actuarial loss and prior service cost/benefit related to pension and other postretirement benefits 0 0 0 0
Foreign currency translation adjustments 0 0 0 0
Net change in unrecognized losses on cash flow hedges 0 0 0 0
Total Other comprehensive income, net of tax 0 0 0 0
Comprehensive income $ 1 $ 0 $ 1 $ 0