Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents (P)	$ 1,138	$ 944
Receivables from customers (I)	1,096	656
Other receivables	143	152
Inventories (J)	1,998	2,158
Fair value of derivative instruments (P)	25	29
Prepaid expenses and other current assets	514	466
Total current assets	4,914	4,405
Properties, plants, and equipment, net (K)	6,389	6,785
Investments (H)	980	979
Deferred income taxes (Q)	284	333
Fair value of derivative instruments (P)	0	3
Other noncurrent assets (U)	1,497	1,650
Total Assets	14,064	14,155
Current liabilities:
Accounts payable, trade	1,805	1,714
Accrued compensation and retirement costs	362	357
Taxes, including income taxes	102	88
Fair value of derivative instruments (P)	263	214
Other current liabilities	788	578
Long-term debt due within one year (M & P)	75	79
Total current liabilities	3,395	3,030
Long-term debt, less amount due within one year (M & P)	2,470	1,732
Accrued pension benefits (O)	256	278
Accrued other postretirement benefits (O)	412	443
Asset retirement obligations (R)	691	772
Environmental remediation (S)	182	202
Fair value of derivative instruments (P)	836	1,092
Noncurrent income taxes (Q)	9	193
Other noncurrent liabilities and deferred credits (U)	656	568
Total liabilities	8,907	8,310
Contingencies and commitments (S)
Alcoa Corporation shareholders’ equity:
Preferred stock (N)	0	0
Common stock (N)	3	2
Additional capital	11,587	9,187
Accumulated deficit	(1,323)	(1,293)
Accumulated other comprehensive loss (G)	(5,110)	(3,645)
Total Alcoa Corporation shareholders’ equity	5,157	4,251
Noncontrolling interest (A)	0	1,594
Total equity	5,157	5,845
Total Liabilities and Equity	$ 14,064	$ 14,155