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Restructuring and Other Charges, Net (Tables)
6 Months Ended
Jun. 30, 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:

 

 

 

Second quarter ended

June 30,

 

 

Six months ended

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Bauxite

 

$

 

 

$

 

 

$

58

 

 

$

 

Alumina

 

 

(83

)

 

 

 

 

 

(83

)

 

 

 

Aluminum

 

 

5

 

 

 

3

 

 

 

73

 

 

 

18

 

Segment total

 

 

(78

)

 

 

3

 

 

 

48

 

 

 

18

 

Corporate

 

 

3

 

 

 

30

 

 

 

2

 

 

 

22

 

Total Restructuring and other charges, net

 

$

(75

)

 

$

33

 

 

$

50

 

 

$

40

 

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

 

 

 

 

 

75

 

 

 

75

 

Cash payments

 

 

(1

)

 

 

(16

)

 

 

(17

)

Reversals and other

 

 

 

 

 

(8

)

 

 

(8

)

Balance at June 30, 2022

 

$

2

 

 

$

141

 

 

$

143