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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill which is Included in Other Noncurrent Assets

Goodwill, which is included in Other noncurrent assets on the accompanying Consolidated Balance Sheet, was as follows:

December 31,

 

2023

 

 

2022

 

Alumina

 

$

4

 

 

$

4

 

Aluminum

 

 

 

 

 

 

Corporate(1)

 

 

142

 

 

 

141

 

 

 

$

146

 

 

$

145

 

 

The carrying value of Corporate’s goodwill is net of accumulated impairment losses of $742 as of both December 31, 2023 and 2022. As of December 31, 2023, the $142 of goodwill reflected in Corporate is allocated to Alcoa Corporation's Alumina reportable segment for purposes of impairment testing (see Note B). This goodwill is reflected in Corporate for segment reporting purposes because it is not included in management’s assessment of performance by the reportable segment. Changes in the carrying amount of goodwill were attributable to foreign currency translation as of December 31, 2023 and 2022.
Other Intangible Assets

Other intangible assets, which are included in Other noncurrent assets on the accompanying Consolidated Balance Sheet, were as follows:

 

 

2023

 

 

2022

 

December 31,

 

Gross
carrying
amount

 

 

Accumulated
amortization

 

 

Net
carrying
amount

 

 

Gross
carrying
amount

 

 

Accumulated
amortization

 

 

Net
carrying
amount

 

Computer software

 

$

207

 

 

$

(194

)

 

$

13

 

 

$

206

 

 

$

(202

)

 

$

4

 

Patents and licenses

 

 

25

 

 

 

(10

)

 

 

15

 

 

 

25

 

 

 

(9

)

 

 

16

 

Other intangibles

 

 

21

 

 

 

(12

)

 

 

9

 

 

 

20

 

 

 

(11

)

 

 

9

 

Total other intangible assets

 

$

253

 

 

$

(216

)

 

$

37

 

 

$

251

 

 

$

(222

)

 

$

29