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Restructuring and Other Charges, Net (Tables)
3 Months Ended
Mar. 31, 2022
Restructuring And Related Activities [Abstract]  
Schedule of Restructuring and Other Charges, Net by Reportable Segments, Pretax

Alcoa Corporation does not include Restructuring and other charges, net in the results of its reportable segments. The impact of allocating such charges to segment results would have been as follows:

 

 

 

First quarter ended

March 31,

 

 

 

2022

 

 

2021

 

Bauxite

 

$

58

 

 

$

 

Alumina

 

 

 

 

 

 

Aluminum

 

 

68

 

 

 

15

 

Segment total

 

 

126

 

 

 

15

 

Corporate

 

 

(1

)

 

 

(8

)

Total Restructuring and other charges, net

 

$

125

 

 

$

7

 

Activity and Reserve Balances for Restructuring Charges

Activity and reserve balances for restructuring charges were as follows:

 

 

 

Severance

and

employee

termination

costs

 

 

Other

costs

 

 

Total

 

Balance at December 31, 2020

 

$

6

 

 

$

57

 

 

$

63

 

Restructuring and other charges, net

 

 

1

 

 

 

80

 

 

 

81

 

Cash payments

 

 

(4

)

 

 

(25

)

 

 

(29

)

Reversals and other

 

 

 

 

 

(22

)

 

 

(22

)

Balance at December 31, 2021

 

 

3

 

 

 

90

 

 

 

93

 

Restructuring and other charges, net

 

 

 

 

 

68

 

 

 

68

 

Cash payments

 

 

(1

)

 

 

(4

)

 

 

(5

)

Balance at March 31, 2022

 

$

2

 

 

$

154

 

 

$

156