v3.22.4
Acquisitions and Divestitures (Details)
1 Months Ended 3 Months Ended 10 Months Ended 12 Months Ended
Nov. 15, 2022
USD ($)
Mar. 01, 2020
USD ($)
employee
Feb. 01, 2020
USD ($)
employee
Jun. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
May 31, 2020
USD ($)
Feb. 29, 2020
USD ($)
Oct. 31, 2018
USD ($)
Sep. 30, 2021
USD ($)
Nov. 14, 2022
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Cash payments to settle working capital and other adjustments       $ 2,000,000                    
Goodwill, Impairment Loss                     $ 0 $ 65,000,000 $ 0  
Total sales                     8,961,000,000 7,504,000,000 5,675,000,000  
Goodwill, Written off Related to Sale of Business Unit                     14,000,000      
Segment total                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Total sales                     9,013,000,000 7,538,000,000 5,700,000,000  
Segment Adjusted EBITDA                     729,000,000 757,000,000 648,000,000  
Rolled Products                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Goodwill, Impairment Loss                     0 0    
Goodwill, Written off Related to Sale of Business Unit                     14,000,000      
Rolled Products | Segment total                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Total sales                     7,357,000,000 6,220,000,000 4,354,000,000  
Segment Adjusted EBITDA                     581,000,000 655,000,000 527,000,000  
Kawneer Brand                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Total sales                     $ 970,000,000      
Number of employees                     2,900      
Disposed of by sale | Samara Manufacturing Site                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Consideration received $ 230,000,000                          
Goodwill, Impairment Loss                     $ 14,000,000      
Number of employees                   2,900        
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents                   $ 203,000,000   79,000,000    
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net                   100,000,000   120,000,000    
Disposal Group, Including Discontinued Operation, Inventory, Current                   129,000,000   102,000,000    
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Noncurrent                   184,000,000   200,000,000    
Disposal Group, Not Discontinued Operation, After tax Gain (Loss) on Disposal $ (304,000,000)                          
Disposal Group, Including Discontinued Operation, Accounts Payable, Current                   55,000,000   47,000,000    
Disposal Group, Including Discontinued Operation, Revenue                   903,000,000   968,000,000    
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration] Restructuring and other charges                          
Disposed of by sale | Samara Manufacturing Site | Rolled Products | Segment total                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Segment Adjusted EBITDA                   $ 71,000,000   87,000,000    
Disposed of by sale | Aluminum Rolling Mill in Itapissuma, Brazil                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Consideration received     $ 46,000,000                      
Gain (loss) on sale     $ (60,000,000)                      
Charges (credits) associated with sale             $ 6,000,000         $ 53,000,000    
Cash payments to settle working capital and other adjustments         $ 4,000,000                  
Additional cash received as a post-closing adjustment                 $ 1,000,000          
Total sales                           $ 143,000,000
Number of employees | employee     500                      
Disposed of by sale | Hard Alloy Extrusions Plant in South Korea                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Consideration received   $ 55,000,000                        
Gain (loss) on sale   31,000,000                        
Goodwill, Impairment Loss   $ 6,000,000                        
Additional cash received as a post-closing adjustment           $ 1,000,000                
Total sales                           $ 51,000,000
Number of employees | employee   160                        
Disposed of by sale | Texarkana Rolling Mill and Cast House                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Consideration received               $ 302,000,000            
Net book value               63,000,000            
Additional contingent consideration (up to)         $ 25,000,000     $ 50,000,000         $ 25,000,000  
Period post transaction closing date for measurement of various milestones required to achieve for additional contingent consideration               36 months