v3.22.4
Segment and Related Information​ - Reconciliation of Segment Adjusted EBITDA to Consolidated Net Income (Loss) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Corporate expenses   $ (29) $ (33) $ (24)
Stock-based compensation expense   (15) (22) (23)
Metal price lag   17 (16) (27)
Provision for depreciation and amortization   (237) (253) (251)
Goodwill and Intangible Asset Impairment   0 (65) 0
Restructuring and other charges (E)   (456) (624) (188)
Other   (62) (36) (55)
Operating (loss) income   (47) (292) 80
Interest expense   (104) (100) (118)
Other (expenses) income, net (G)   (41) (67) (70)
(Provision) Benefit for income taxes (I)   11 62 (1)
Net income attributable to noncontrolling interest   (1) 0 0
Consolidated net (loss) income attributable to Arconic Corporation   (182) (397) (109)
Assets   6,015 6,580  
Cash and cash equivalents   261 335  
Prepaid expenses and other current assets   124 54  
Corporate fixed assets, net   135 153  
Operating lease right-of-use assets   115 122  
Deferred income taxes   188 229  
Other noncurrent assets   57 88  
Other   20 35  
Asset impairments   92 34 15
Labor Agreement, One Time Signing Bonus   19    
Remediation reserve increase (decrease)   33 (5) (2)
Derivative Asset, Current   21 1  
Unrealized Gain (Loss) on Derivatives   6 0 0
Cost of Sales        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Labor Agreement, One Time Signing Bonus   19    
Remediation reserve increase (decrease)   27    
2020 Restructuring Programs        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Restructuring and other charges (E)       (188)
2021 Restructuring Programs        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Restructuring and other charges (E)     (624)  
2022 Restructuring Programs        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Restructuring and other charges (E)   (456)    
Settlement of Certain Employee Retirement Benefits | 2020 Restructuring Programs        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Restructuring and other charges (E)       (199)
Settlement of Certain Employee Retirement Benefits | 2021 Restructuring Programs        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Restructuring and other charges (E)   (47) (584)  
Settlement of Certain Employee Retirement Benefits | 2022 Restructuring Programs        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Restructuring and other charges (E)   (1)    
Settlement of Certain Employee Retirement Benefits | 2022 Restructuring Programs | United States        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Restructuring and other charges (E)   (46)    
Extrusions        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Asset impairments $ 92 92    
Extrusions | 2022 Restructuring Programs        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Asset impairments   92    
Operating Segments        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Segment Adjusted EBITDA   729 757 648
Provision for depreciation and amortization   (225) (237) (235)
Restructuring and other charges (E)   (394) (6) 24
Assets   5,094 5,563  
Operating Segments | Extrusions        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Segment Adjusted EBITDA   (47) (28) (16)
Provision for depreciation and amortization   (18) (23) (25)
Restructuring and other charges (E)   (90) (7) $ 14
Assets   $ 312 $ 381