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Investments (Tables)
3 Months Ended
Mar. 31, 2023
Equity Method Investments And Joint Ventures [Abstract]  
Summary of Unaudited Financial Information for Alcoa Corporation's Equity Investments A summary of unaudited financial information for Alcoa Corporation’s equity investments is as follows (amounts represent 100% of investee financial information):

 

First quarter ended March 31, 2023

 

Saudi Arabia
Joint Venture

 

 

Mining

 

 

Energy

 

 

Other

 

Sales

 

$

600

 

 

$

187

 

 

$

58

 

 

$

121

 

Cost of goods sold

 

 

682

 

 

 

103

 

 

 

27

 

 

 

113

 

Net (loss) income

 

 

(252

)

 

 

24

 

 

 

24

 

 

 

(16

)

Equity in net (loss) income of affiliated companies,
   before reconciling adjustments

 

 

(63

)

 

 

11

 

 

 

9

 

 

 

(8

)

Other

 

 

(12

)

 

 

 

 

 

 

 

 

(7

)

Alcoa Corporation’s equity in net (loss) income of
   affiliated companies

 

 

(75

)

 

 

11

 

 

 

9

 

 

 

(15

)

 

 

 

 

 

 

 

 

 

 

 

 

 

First quarter ended March 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

897

 

 

$

231

 

 

$

62

 

 

$

117

 

Cost of goods sold

 

 

616

 

 

 

146

 

 

 

30

 

 

 

107

 

Net income (loss)

 

 

155

 

 

 

49

 

 

 

23

 

 

 

(28

)

Equity in net income (loss) of affiliated companies,
   before reconciling adjustments

 

 

39

 

 

 

14

 

 

 

9

 

 

 

(13

)

Other

 

 

 

 

 

 

 

 

1

 

 

 

(4

)

Alcoa Corporation’s equity in net income (loss) of
   affiliated companies

 

 

39

 

 

 

14

 

 

 

10

 

 

 

(17

)