v3.22.4

Properties, Plants, and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Properties, Plants, and Equipment, Net

Properties, Plants, and Equipment, Net

December 31,						2022						2021
Land and land rights						$	19					$	22
Structures:
Rolled Products*						1,022						1,107
Building and Construction Systems						96						96
Extrusions						152						150
Other						149						152
						1,419						1,505
Machinery and equipment:
Rolled Products*						4,299						4,816
Building and Construction Systems						204						203
Extrusions						523						523
Other						274						291
						5,300						5,833
						6,738						7,360
Less: accumulated depreciation and amortization						4,613						4,878
						2,125						2,482
Construction work-in-progress						236						169
						$	2,361					$	2,651

_____________________

*In November 2022, Arconic completed the sale of all of its operations in Russia (see Note S).In 2022, Arconic recognized an impairment charge of $90 for the Extrusions segment as the result of a business review (See 2022 Actions in Note E).

X

- References

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- Definition

The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 360
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI https://asc.fasb.org/topic&trid=2155823

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 360
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 360
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916

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