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Statement of Changes in Consolidated Equity (unaudited) - USD ($)
$ in Millions
Total
Common Stock [Member]
Additional Capital [Member]
Retained Earnings (Deficit) [Member]
Accumulated Other Comprehensive Loss [Member]
Non-controlling Interest [Member]
Balance at Dec. 31, 2020 $ 5,016 $ 2 $ 9,663 $ (725) $ (5,629) $ 1,705
Net income 219     175   44
Total Other comprehensive (loss) income, net of tax (311)       (249) (62)
Stock-based compensation 8   8      
Common stock issued: compensation plans 4   4      
Distributions (62)         (62)
Other (1)   (1)      
Balance at Mar. 31, 2021 4,873 2 9,674 (550) (5,878) 1,625
Balance at Dec. 31, 2021 6,284 2 9,577 (315) (4,592) 1,612
Net income 553     469   84
Total Other comprehensive (loss) income, net of tax (382)       (482) 100
Stock-based compensation 9   9      
Common stock issued: compensation plans 2   2      
Repurchase of common stock (75)   (54) (21)    
Dividends paid on Alcoa common stock (19)     (19)    
Contributions 46         46
Distributions (162)         (162)
Other 1   3     (2)
Balance at Mar. 31, 2022 $ 6,257 $ 2 $ 9,537 $ 114 $ (5,074) $ 1,678