XML 16 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Statement of Consolidated Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Sales (D) $ 2,719 $ 3,090
Cost of goods sold (exclusive of expenses below) (H) 2,180 2,302
Selling, general administrative, and other expenses 84 67
Research and development expenses 7 8
Provision for depreciation, depletion, and amortization 172 194
Restructuring and other charges, net (C) 113 (19)
Interest expense 30 26
Other expenses, net (N) 41 21
Total costs and expenses 2,627 2,599
Income before income taxes 92 491
Provision for income taxes 150 151
Net (loss) income (58) 340
Less: Net income attributable to noncontrolling interest 141 145
NET (LOSS) INCOME ATTRIBUTABLE TO ALCOA CORPORATION $ (199) $ 195
EARNINGS PER SHARE ATTRIBUTABLE TO ALCOA CORPORATION COMMON SHAREHOLDERS (E):    
Basic $ (1.07) $ 1.05
Diluted $ (1.07) $ 1.04