v3.22.2

Restructuring and Other Charges (Tables)

6 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Segment

The Company 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:

						Second quarter ended June 30,												Six months ended June 30,
						2022						2021						2022						2021
Rolled Products						$	—					$	—					$	—					$	1
Building and Construction Systems						—						—						—						(1)
Extrusions						1						2						2						3
Segment total						1						2						2						3
Corporate						1						595						5						595
						$	2					$	597					$	7					$	598

Schedule of Restructuring Reserve

Activity and reserve balances for restructuring charges were as follows:

			Layoff costs						Other costs						Total
Reserve balances at December 31, 2020			$	13					$	1					$	14
Cash payments			(10)						(5)						(15)
Restructuring charges			3						6						9
Other(1)			(4)						(1)						(5)
Reserve balances at December 31, 2021			2						1						3
Cash payments			(1)						(2)						(3)
Restructuring charges			—						2						2
Other(1)			—						(1)						(1)
Reserve balances at June 30, 2022(2)			$	1					$	—					$	1

_____________________

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

(2)The remaining reserves are expected to be paid in cash during the remainder of 2022.

X

- Definition

Schedule of Restructuring Reserve by Segment

+ References

No definition available.

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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4(b)(2))
-URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

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