H. 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, 2021	Saudi Arabia Joint Venture			Mining			Energy			Other
Sales	$	682		$	173		$	55		$	95
Cost of goods sold		503			123			25			63
Net income (loss)		45			(5	)		25			(2	)
Equity in net income (loss) of affiliated companies, before reconciling adjustments		11			1			10			(1	)
Other		(4	)		—			—			3
Alcoa Corporation’s equity in net income of affiliated companies		7			1			10			2

First quarter ended March 31, 2020
Sales	$	585		$	218		$	59		$	73
Cost of goods sold		462			148			26			67
Net (loss) income		(13	)		9			27			(9	)
Equity in net (loss) income of affiliated companies, before reconciling adjustments		(3	)		6			11			(4	)
Other		(3	)		(3	)		(2	)		5
Alcoa Corporation’s equity in net (loss) income of affiliated companies		(6	)		3			9			1

The Company’s basis in the Elysis^TM Limited Partnership, included in Other in the table above, has been reduced to zero for its share of losses incurred to date. As a result, the Company has $35 in unrecognized losses as of March 31, 2021 that will be recognized upon additional contributions into the partnership.