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Investments (Tables)
3 Months Ended
Mar. 31, 2022
Equity Method Investments And Joint Ventures [Abstract]  
Summary of Unaudited Financial Information for Alcoa Corporation's Equity 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, 2022

 

Saudi Arabia

Joint Venture

 

 

Mining

 

 

Energy

 

 

Other

 

Sales

 

$

897

 

 

$

231

 

 

$

62

 

 

$

117

 

Cost of goods sold

 

 

616

 

 

 

146

 

 

 

30

 

 

 

107

 

Net income (loss)

 

 

155

 

 

 

49

 

 

 

23

 

 

 

(28

)

Equity in net income (loss) of affiliated companies,

   before reconciling adjustments

 

 

39

 

 

 

14

 

 

 

9

 

 

 

(13

)

Other

 

 

 

 

 

 

 

 

1

 

 

 

(4

)

Alcoa Corporation’s equity in net income (loss) of

   affiliated companies

 

 

39

 

 

 

14

 

 

 

10

 

 

 

(17

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First quarter ended March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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