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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted EPS Attributable to Alcoa Corporation Common Shareholders

The information used to compute basic and diluted EPS attributable to Alcoa Corporation common shareholders was as follows (shares in millions):

 

 

 

First quarter ended

March 31,

 

 

 

2021

 

 

2020

 

Net income attributable to Alcoa Corporation

 

$

175

 

 

$

80

 

Average shares outstanding – basic

 

 

186

 

 

 

186

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Stock options

 

 

 

 

 

 

Stock units

 

 

3

 

 

 

1

 

Average shares outstanding – diluted

 

 

189

 

 

 

187